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Michael Jordan reflects on NASCAR settlement in rare Daytona interview
Summary
Michael Jordan gave a rare interview at the Daytona 500, reflecting on the antitrust case that was settled last December and saying the agreement granted teams permanent charters.
Content
Michael Jordan gave a rare interview at the Daytona 500 where he spoke about the antitrust lawsuit he led against NASCAR and the settlement reached last December. The case went to an eight-day trial in North Carolina before the parties settled. As part of the agreement, NASCAR granted teams permanent charters, which guarantee race entry and a fixed portion of revenue in the top-level Cup Series. Jordan said the settlement opens conversations about change and ways to grow the sport.
Key facts:
- Jordan, owner of the 23XI Racing team, spoke live on Fox at the Daytona 500 and reflected on the litigation.
- The antitrust case proceeded to an eight-day trial in North Carolina and was settled last December.
- Under the settlement, NASCAR granted permanent charters to teams; charters were introduced in 2016 and guarantee 36 teams a spot and a share of revenue in Cup Series races.
- Jordan testified early in the trial and had accused NASCAR of being a "monopolistic bully," according to his testimony.
- Jordan said the Daytona 500 evokes family memories and expressed optimism about his team’s prospects for 2026.
Summary: The settlement formalized permanent charters and, Jordan said, opens conversations among teams, fans and NASCAR about how to grow the sport. Undetermined at this time.
