Since October 2024, NASCAR’s ‘monopolistic practices’ have been under the spotlight. In controlling the racetracks, the movement of NASCAR charters, and teams’ rights to compete, the sanctioning body’s power was evident. And Michael Jordan and Co. sought to expose that and the anticompetitive ways in which NASCAR used it. As the past two weeks dangerously leaned in Jordan’s favor, NASCAR had no choice but to reach an agreement. However, as they say, people never change.

Agreement on NASCAR charters reflects old authority

“Sounds like framework of evergreen charters: -2/3rds of teams need to OK renewal -if don’t sign renewal, still chartered & get year or possibly more to sell charter -if don’t meet certain performance standards, must sell but get time to sell -nascar gets 10% of sale (wa

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