Michael Jordan settled with NASCAR and changed the business side of racing: "It was about making sure our sport evolves"

That settlement is a new charter system called "evergreen charters", meaning teams are going to get permanent team charters, which was the main point of Jordan, driver Danny Hamlin and their team's lawsuit. Although the financial agreements between the two sides will not be publicly disclosed.

Economist Testifies NASCAR’s Charter and Track Deals Protect Monopoly, Harm Teams

In antitrust trial testimony, an economist testified that restrictions on tracks, teams, and Gen 7 technology prevent competition and depress team revenue.
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Dodge drops a big hint about NASCAR racing future with new late model body

Kaulig will be represented by full-time drivers Brenden Queen, Daniel Dye, and Justin Haley throughout the 2026 season. The first race of the upcoming season is scheduled for February 1, 2026. Named the Cook Out Clash at Bowman Gray Stadium, fans can watch the Cup Series event live on FOX Sports.

Michael Jordan testifies in NASCAR antitrust trial, explains why he is challenging the racing entity

Michael Jordan appeared in court Friday to testify against NASCAR in an antitrust trial. The Basketball Hall of Famer, who co-owns the NASCAR Cup Series team 23XI Racing with driver Denny Hamlin, was called to the witness stand at a North Carolina federal courthouse and spoke out against the racing company's business model.

Michael Annett, former NASCAR racing star, dies at 39

Michael Annett, a former racecar driver who made 436 combined starts in NASCAR's three national touring series, has died. He was 39. JR Motorsports, one of Annett's former teams, posted the news on social media on Friday. No cause of death was announced.
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