The way NASCAR had long done business had become obsolete, but the antitrust suit brought by Michael Jordan and settled on Thursday, changes that.

NASCAR, 23XI Racing and Front Row Motorsports have reached a settlement in their federal antitrust case, ending the trial on its ninth day.

NASCAR settles its year-long antitrust battle with 23XI and Front Row, ending a tense trial and securing stability for teams and the sport.

NASCAR began presenting its defense with Executive Vice President and Chief Racing Development Officer John Probst and a discussion of the thinking that led to the Next Gen race car.

Plaintiffs have rested their case in the NASCAR antitrust trial, accusing the organization of operating as a monopoly, while the defense argues that NASCAR has worked to reduce costs for teams and the sport itself.

As the antitrust fight between 23XI Racing, Front Row Motorsports and NASCAR plays out in federal court, an old flashpoint involving Chase Elliott has quietly become one of the most revealing pieces of evidence.

NASCAR chairman Jim France explained how advice from his late parents helped shape his stance against granting teams permanent charters in the new revenue-sharing model.

Hendrick charter letter Download. NASCAR Chairman Bill France testified he has not changed his mind on granting teams permanent charters. And evidence showed he entered negotiatio