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Michael Jordan's 23XI Racing Files Against NASCAR's Recent Appeal In Ongoing Antitrust Lawsuit

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Michael Jordan's 23XI Racing, along with other NASCAR teams, has filed a motion to prevent NASCAR from appealing a decision that would allow the teams to proceed with an antitrust lawsuit against the racing organization. This lawsuit, initiated by 23XI Racing, RFK Racing, and Trackhouse Racing Team, accuses NASCAR of monopolistic practices that restrict teams' ability to negotiate sponsorships and media rights independently. The teams argue that NASCAR's control over these aspects limits their revenue potential and competitive opportunities. The motion seeks to block NASCAR's appeal of a recent court decision that denied NASCAR's motion to dismiss the case, thereby keeping the antitrust claims alive. This legal battle highlights ongoing tensions between NASCAR and its teams regarding financial and operational autonomy.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/sports/racing/michael-jordans-23xi-racing-files-against-nascars-recent-appeal-ongoing-antitrust-lawsuit-2005908 ]