NASCAR settles antitrust case with teams owned by Michael Jordan.

NASCAR settled an antitrust lawsuit with two race teams, including one co-owned by Michael Jordan, on the ninth day of the trial. Details of the settlement were not immediately released. The lawsuit stemmed from disagreements over new charter offers presented by NASCAR, leading to a battle over revenue sharing and the permanency of charters. The settlement was seen as a positive outcome for the industry and fans, with Jordan playing a key role in challenging NASCAR’s approach.

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