With NASCAR's revenue-sharing model at the forefront of 23XI Racing and Front Row Motorsports' antitrust lawsuit, 23XI co-owner Denny Hamlin took the stand as the first witness Monday in Charlotte, N.C. and testified that it costs $20 million to bring a single car to the track over a 38-race season.

Hamlin, a three-time Daytona 500 winner, added that the $20 million does not include overhead expenses including business operations and the driver's salary. Front Row and 23XI have argued that the revenue-sharing model prevents some of the race teams from making a profit.

As an example, Hamlin testified that 23XI racing paid a total of $46.2 million for three successive NASCAR Cup Series charters for a team he co-founded with former NBA superstar Michael Jordan.

Front Row owner Bob Jenkins

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