The NBA legend Testifies He ‘Wasn’t Afraid’ of Nascar in Antitrust Trial
The basketball icon, introducing himself formally in a federal courtroom on Friday, admitted that his drive to win and status as a newcomer motivated his push for 23XI Racing to “challenge” Nascar over alleged violations of competition laws.
Financial Stakes and a Will to Win
The owner disclosed operational insights of his 23XI team, revealing he put in $40m of his own funds into the Cup Series operation launched with partner Polk and driver Hamlin.
“It fell to someone to act,” Jordan said in the Charlotte courtroom. “As a newcomer, I wasn’t afraid. I felt I could challenge Nascar as a whole. I felt as far as the sport required examination from a different view.”
The Core Dispute: Franchise System and Renewal Demands
At issue is the end of a 2016 deal where Nascar granted each team a franchise. This system mirrors other professional sports with separately owned franchises, like the Charlotte Hornets or the Carolina Panthers. This deal was set to expire in 2024 when Nascar insisted on charter membership renewals.
Jordan was on the witness stand for an hour and left the court to pandemonium, with fans and media clamoring for a view or a photo of the global icon.
Leading the Legal Charge
23XI Racing is leading the full-court press along with Front Row Motorsports for Nascar to overhaul a operating model Jordan contended is unlawful to maintain excessive control.
For Jordan and and Heather Gibbs, who preceded Jordan, are details from last September. She recounted a frantic and emotional period where the racing circuit informed teams they must sign a contract extension. This agreement spanned 112 pages outlining pay for chartered teams and a guaranteed spot in every race.
A Refusal to Sign
Jordan explained that his team and its ally concluded their only feasible option was to decline to sign that 112-page package and litigate the matter. All other teams signed the agreement.
Jordan and co-owner Denny Hamlin approached Nascar about potential amendments or negotiations. Nascar wasn’t talking, according to his testimony.
The Bottom Line: Victory
But in the end, the resistance against what he saw as a financially unsustainable model was mostly about the familiar goal for Jordan: Winning.
“Hamlin persuaded me getting a third driver improved our chances to win,” he said, noting that he bought a third charter late in 2024 for $28m amid the legal dispute. “So I took the plunge.”
Account from the Gibbs Family
Heather Gibbs detailed her request for permanent charters, submitted in a formal letter to Nascar. She testified the timing of the signature deadline didn’t sit well.
According to her, the team founder first tried to call and persuade Nascar against forcing signatures, but CEO Jim France refused the appeal.
“Please don’t force this on us,” Heather Gibbs said Joe Gibbs told Nascar’s leadership. The response was, “If I wake up and I have 20 charters, I have 20. If I have 30, I have 30.”