-
Lettermen co-founder Tony Butala dies at 87
-
Byron Donalds Elected Florida Governor, Becoming First Black Republican in Role
-
Byron Donalds wins Florida governor race and underscores Republican strength
-
James Talarico defeats Ken Paxton in historic Texas Senate result
-
Commentator predicts possible US strike on Iran as regional tensions rise
-
Goa plans relationship-readiness course amid concern over divorces
-
مستثمرون ومنظمات دولية يطالبون باتفاق عالمي لوقف تطوير الأسلحة ذاتية التشغيل
-
Manchester United climbs standings after 3-2 Champions League win over Roma
-
الهند تطبق هيكل تأمين المركبات الرباعي في ديسمبر المقبل
-
India introduces four-layer motor insurance choice from December 15
-
دمج القطاع الصحي الألماني في استراتيجية الدفاع الشامل
-
Mutual fund returns show shifting leaders across market-cap categories
-
BHEL wins Adani Power projects valued at up to ₹28,000 crore
-
تفاصيل بيع تذاكر نهائي كأس رابطة الأندية البيروفية بين كريستال وعلينزا أتلتيكو
-
IndiGo holds talks with Embraer over potential order for 100 aircraft
-
إيلون ماسك يسخر من هزيمة الجمهوريين بعد إنفاقه مئات الملايين
-
India seeks threefold increase in coal stocks to prevent summer power shortages
-
Indian companies report mixed second-quarter results on November 4
-
Indus Towers expands solar-powered network to 50,000 telecom sites
-
KKR secures Indian regulator approval for Gentari Renewables investment
-
Equitas Small Finance Bank rebounds after naming interim chief executive
-
Bharti Airtel revenue expected to grow at double-digit pace in second quarter
-
اعتقال مواطن ألباني في إيطاليا لانتهاكه حظر الترحيل
-
Titan quarterly profit seen rising as jewellery business drives growth
-
Indian crude-sensitive shares gain after 13% oil-price decline
-
Kuwait finance minister holds economic cooperation talks at COMCEC
-
رينو 5 الكهربائية: اختبار مدى 1000 كيلومتر من نيس إلى باريس
-
Stocks and dollar fall as Democratic election gains reshape markets
-
Abdul El-Sayed declares victory in Michigan Senate contest
-
Kuwait marks key events and anniversaries from national history
-
Democrats capture US Congress in sweeping midterm victory
-
Trump congratulates Democrats and signals willingness to cooperate
-
Manchester United rallies past Roma as PSG dominates in Champions League
-
ترامب يهنئ الديمقراطيين بعد هزيمة الجمهوريين في انتخابات التجديد النصفي
-
Qatar prime minister advances mediation through diplomatic calls
-
Qatar sees tentative opening for renewed regional diplomacy
-
Greenland parliament approves security agreement with United States
-
Qatar Tourism joins Pacific Asia Travel Association at London travel market
-
Qatar envoy meets incoming UN General Assembly president
-
Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
-
Trump Signals Willingness to Work With Democrats After Midterm Defeat
-
Qatar media bodies discuss support for humanitarian initiatives
-
دي برومهد يفتح خياراته لـ "ذا بيغ ويسترنر" قبل عودته في ويكسفورد
NBA legend Jordan files anti-trust lawsuit against NASCAR
An auto racing team co-owned by NBA legend Michael Jordan filed an anti-trust lawsuit on Wednesday against the National Association for Stock Car Auto Racing (NASCAR) and its chief executive Jim France.
The legal fight in the most popular form of US auto racing had six-time NBA champion Jordan's 23XI Racing and Front Row Motorsports jointly filing against France and NASCAR in the Western District of North Carolina at Charlotte, where former Chicago Bulls star Jordan, 61, is a part-owner of the NBA's Charlotte Hornets.
"Everyone knows that I have always been a fierce competitor and that will to win is what drives me and the entire 23XI team each and every week out on the track," Jordan said in a statement.
"I love the sport of racing and the passion of our fans, but the way NASCAR is run today is unfair to teams, drivers, sponsors, and fans.
"Today's action shows I'm willing to fight for a competitive market where everyone wins."
The suit argues the closed-cockpit stock car racing circuit and its leaders have used anti-competitive practices to prevent fair competition.
"We share a passion for racing, the thrill of competition, and winning. Off the racetrack, we share a belief that change is necessary for the sport we love," the teams said in a joint statement.
"Together, we brought this anti-trust case so that racing can thrive and become a more competitive and fair sport in ways that will benefit teams, drivers, sponsors, and, most importantly, fans."
According to the lawsuit, NASCAR and the France family operate without transparency, stifle competition, and control the sport of stock car racing in ways that unfairly benefit them at the expense of team owners, drivers, sponsors, partners and fans.
The teams accuse NASCAR of such anti-competitive practices as buying most of the top racetracks exclusive to NASCAR races, imposing exclusivity deals on NASCAR-sanctioned tracks, acquiring stock car competitor Automobile Racing Club of America (ARCA), preventing teams from participating in other stock car races and forcing teams to buy their parts from single-source suppliers chosen by NASCAR.
"No other major professional sport in North America is run by a single family that enriches themselves through these kinds of unchecked monopolistic practices," the teams said in a statement.
- 'The only way' -
Front Row and 23XI did not sign recently updated NASCAR charter agreements, claiming the terms were unfair to teams.
"After more than two years of attempted negotiations over the 2025 agreements, during which NASCAR continually stonewalled and refused to engage constructively, we concluded that litigation was the only way to address the anti-competitive practices of NASCAR and the France family," the teams said.
The teams plan to file a preliminary injunction to allow the teams to race in NASCAR next year while pursuing anti-trust litigation.
Denny Hamlin, a 54-time NASCAR winner as a driver and a part-owner of 23XI Racing, said not all teams share fairly in NASCAR's success.
"Everyone who invests in making the sport a success should share fairly in that success," Hamlin said. "With the right changes we can certainly make that a reality in racing."
J.Saleh--SF-PST