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

NASCAR on Thursday reached a deal with 23XI Racing and Front Row Motorsports to end the ongoing litigation. Terms were not yet known.

XI Racing and Front Row Motorsports should be awarded more than $360 million in damages, according to the testimony of the economics expert the teams called upon in their antitrust lawsuit against NASCAR.

The NASCAR trial ended on its ninth day. A settlement has been reached, guaranteeing permanent charters for the teams, though the financial terms of the settlement have not been disclosed.

The terms we know, Michael Jordan's reaction, and more in the wake of Thursday's settlement between NASCAR and the two teams suing it.

And NASCAR really thought they were going to beat this guy in court? A settlement was reached yesterday in the bombshell lawsuit against NASCAR that was filed last year by two of its race teams, 23XI Racing (which is owned by NASCAR driver Denny Hamlin and NBA legend Michael Jordan) and Front Row Motorsports.

Denny Hamlin tried to sell his ownership stake in 23XI Racing in 2023. Find out what Hamlin said about the experience!

Richard Childress took the stand Tuesday in Day 7 of the 23XI Racing and Front Row Motorsports versus NASCAR antitrust lawsuit trial. While being questioned by NASCAR on cross-examination, a notable news item was revealed.