Article 71ZBE Michael Jordan tells court he ‘wasn’t afraid’ of Nascar in antitrust trial

Michael Jordan tells court he ‘wasn’t afraid’ of Nascar in antitrust trial

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Reuters
from US news | The Guardian on (#71ZBE)
  • Jordan testifies in Nascar antitrust case

  • Says he invested $40m into 23XI team

  • Criticizes charter system as unlawful

Michael Jeffrey Jordan, as he cordially introduced himself to the federal courtroom in Charlotte on Friday, admitted it was his competitive side and novelty within the sport that emboldened a push for 23XI Racing to challenge" Nascar over what he perceived were violations of antitrust rules.

Jordan shared financial and corporate details of his 23XI team and said he invested $40m of his own funds in the success of the Nascar Cup series team launched along with business partner Curtis Polk and longtime driver Denny Hamlin.

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