New insight into charter system on day 3 of NASCAR trial

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NASCAR is being sued by 23XI Racing, owned by Basketball Hall of Famer Michael Jordan and three-time Daytona 500 winner Denny Hamlin, and Front Row Motorsports, which is owned by fast-food franchiser Bob Jenkins. They were the only two organizations out of 15 to refuse to sign agreements last year on new charters, which are NASCAR’s version of the franchise model used in other sports.

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