Michael Jordan's NASCAR team skips the deadline to sign a new revenue model with racing series

HAMPTON, Ga. (AP) — 23XI Racing, the NASCAR team co-owned by Michael Jordan, said Saturday it skipped a deadline to sign a new charter agreement with the sanctioning body because “it did not have an opportunity to fairly bargain” for a new contract. The two-car team owned by Jordan, active driver Denny Hamlin and Jordan right-hand man Curtis Polk revealed that teams had a Friday night NASCAR-imposed deadline to sign new charter agreements that run from 2025 through 2031.

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