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Athletic: MJ Reforms NASCAR
Posted on 12/13/25 at 10:07 am
Posted on 12/13/25 at 10:07 am
From the Athletic:
The Athletic
quote:
Each day, the NBA legend sat in the same spot on a wooden bench in a historic 1930s courtroom, glued to the trial revolving around the antitrust lawsuit his race team and one other had brought against NASCAR, accusing the stock car series of illegal monopolistic conduct.
Let’s not kid ourselves: As much as other key players were involved, such as Jordan’s 23XI Racing co-owner Denny Hamlin and Front Row Motorsports owner Bob Jenkins, this trial was so much about Jordan vs. NASCAR.
Without his deep pockets to fund massive legal fees, without his willingness to engage NASCAR’s founding France family in legal combat as no one had done before, and without his insatiable appetite for winning, this lawsuit would have never happened.
The Athletic
This post was edited on 12/13/25 at 10:28 am
5
Posted on 12/13/25 at 10:20 am to prplhze2000
quote:
You can guess what will happen now. With non-expiring charters, investors will line up to buy into assets that are currently undervalued based on their previously uncertain lifespans. There’s no reason charter values shouldn’t double (or more) in the next few years, with the promise they won’t expire.
How is this any less of a monopoly? Seems like the old system would have allowed any one with the means to do so to pay to start a team whereas this new system will allow a handful of people who were owners at the right time to dominate the system.
Posted on 12/13/25 at 10:57 am to prplhze2000
Hopefully this can turn NASCAR back into a better product.
Posted on 12/13/25 at 11:52 am to prplhze2000
"reforms" is a bit bold at this point but MJ, Denny, Polk, and Jenkins certainly have to be given major props to put it all on the line to at least try.
Hendrick and Penske are both billionaires and neither of them had enough nuts to stand up to NASCAR.
Hendrick and Penske are both billionaires and neither of them had enough nuts to stand up to NASCAR.
Posted on 12/13/25 at 1:22 pm to prplhze2000
It’s a stretch to say he reformed NASCAR. The Frances still control NASCAR, still control International Speedway Corporation and still own their tracks, and NASCAR still has its monopoly on stock car racing in the US.
All that happened here is jillionaires are getting a little more money from other jillionaires.
There’s a thread on Reddit right now asking how will fans benefit in any way from this … the consensus is they won’t … and someone posted this: “I for one am excited to see $100 millionaires make a higher ROI. Nothing takes the edge off a boring race with no passing like rich people making money.”
All that happened here is jillionaires are getting a little more money from other jillionaires.
There’s a thread on Reddit right now asking how will fans benefit in any way from this … the consensus is they won’t … and someone posted this: “I for one am excited to see $100 millionaires make a higher ROI. Nothing takes the edge off a boring race with no passing like rich people making money.”
Posted on 12/13/25 at 3:56 pm to prplhze2000
quote:
Athletic: MJ Reforms NASCAR
It was only a matter of time. If Front Row and 24/11 hadn't sued someone else would have. What this really accomplished was pulling the curtain away to expose the Robber Barons NASCAR had become, and the extent NASCAR put the screws into teams and sponsors. There's a CART type collapse headed NASCAR'S way.
Posted on 12/13/25 at 11:22 pm to OchoDedos
Yeah. The texts were devastating
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