I never agreed with MJ being in NASCAR anyway he should’ve had his sights on formula 1 from jump…
Michael Jordan will own a NASCAR team with Bubba Wallace as a driver
- Thread starter Joe Grind
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NASCAR teams fear ‘catastrophic’ impact of disclosing financial records during court fight
By JENNA FRYER
Updated 4:18 PM CDT, June 24, 2025
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CHARLOTTE, N.C. (AP) — Attorneys for 12 of NASCAR’s 15 race teams argued in federal court Tuesday that disclosing their financial records to the stock car series would be “catastrophic” to competitive balance and warned that making such details public would put them all in danger.
The hearing was over a discovery dispute between NASCAR and the teams that are not parties in the ongoing antitrust suit filed by 23XI Racing, which is owned by retired NBA Hall of Famer Michael Jordan and three-time Daytona 500 winner Denny Hamlin, and Front Row Motorsports, owned by entrepreneur Bob Jenkins.
23XI and Front Row are the only two organizations out of the 15 that refused last September to sign take-it-or-leave offers on a new charter agreement. Charters are NASCAR’s version of a franchise model, with each charter guaranteeing entry to the lucrative Cup Series races and a stable revenue stream. Of the 13 teams that signed, only Kaulig Racing has submitted the financial documents NASCAR subpoenaed as part of discovery.
The other 12 organizations are fighting against releasing the information to NASCAR and even argued that NASCAR asking for them violates the charter agreement, which claims all disputes must go to arbitration.
Bubba Wallace becomes first Black driver to win a major race on Indianapolis' oval
MICHAEL MAROTUpdated Sun, July 27, 2025 at 3:05 PM PDT
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NASCAR Indianapolis Auto Racing
1 of 5Bubba Wallace kisses the "Yard of Bricks" after winning a NASCAR Cup Series auto race at Indianapolis Motor Speedway, Sunday, July 27, 2025, in Indianapolis. (AP Photo/Darron Cummings)
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INDIANAPOLIS (AP) — Bubba Wallace climbed out of the No. 23 car Sunday, pumped his fists, found his family and savored every precious moment of a historic Brickyard 400 victory.
He deserved every minute of it.
The 31-year-old Wallace overcame a tenuous 18-minute rain delay, two tantalizing overtimes, fears about running out of fuel late and the hard-charging defending race champ, Kyle Larson, on back-to-back restarts to become the first Black driver to win a major race on Indianapolis Motor Speedway's 2.5-mile oval. No Black driver has won the Indianapolis 500, and Formula 1 raced on the track’s road course.
Bubba Wallace becomes first Black driver to win a major race on Indianapolis' oval
Bubba Wallace climbed out of the No. 23 car Sunday, pumped his fists, found his family and savored every precious moment of a historic Brickyard 400 victory. The 31-year-old Wallace overcame a tenuous 18-minute rain delay, two tantalizing overtimes, fears about running out of fuel late and the...
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