Specialized Motorsports Search

13+ min ago (393+ words) The NASCAR lawsuit between 23XI Racing, Front Row Motorsports, and NASCAR entered Day 2 with long hours of tense testimony, as Denny Hamlin explained why his team chose to take the league to court. Hamlin, who co-owns 23XI with Michael Jordan, walked the courtroom through financial numbers, past conversations with NASCAR leadership, and the reasons he believes the current system makes long-term team growth almost impossible. He said the 2025 charter proposal would leave 23XI in a dangerous spot, and he described a tight financial picture that gives teams little room to survive. His answers stayed firm and detailed as lawyers pressed him on past comments and internal team practices. Hamlin explained that 23XI runs with a small 2.26 percent profit margin. He said he owes Michael Jordan tens of millions of dollars in loans tied to team operations and buildings. When NASCAR's attorney, Lawrence Buterman, asked…...

20+ min ago (433+ words) The NASCAR antitrust trial has concluded after Day 2. Today, Denny Hamlin finished up his testimony while Scott Prime began his. Jeffrey Kessler, attorney for 23XI Racing and Front Row Motorsports in this case, took Prime to task on a number of issues. Reports from the NASCAR trial conveyed a tense atmosphere today. Denny Hamlin was rather passionate in his testimony, both under direct and cross-examination. Kessler then asked the NASCAR executive vice president and chief strategy officer about plans to prevent a competing series in stock car racing. According to Matt Weaver of Motorsport, Prime was asked about NASCAR's relationship with Speedway Motorsports, contingency plans to prevent a "CART/IRL scenario," and even his own salary, as well as certain pitch decks he helped create and present to NASCAR leadership. Weaver also reports that Speedway Motorsports wanted to have SRX races....

48+ min ago (507+ words) Hamlin was the first witness called when testimony began Monday in the antitrust case brought by 23XI Racing, which is owned by Hamlin and Basketball Hall of Famer Michael Jordan, and Front Row Motorsports, owned by fast-food franchiser Bob Jenkins. The two teams contend that NASCAR is a monopoly that has handcuffed teams with a no-win revenue model. All 15 of NASCAR's teams had been vocal for over two years that the last charter agreement made it impossible for them to turn a profit and they demanded four changes in prolonged negotiations. When the final offer came from NASCAR and lacked most of what the teams asked for, 23XI and Front Row refused to sign and instead sued. 23XI has turned a profit in all but one of its five seasons, but its financial success is largely a product of Jordan's star power drawing…...

55+ min ago (666+ words) Denny Hamlin is introduced before a NASCAR Cup Series auto race Sunday, Nov. 2, 2025, in Avondale, Ariz. Credit: AP/Rick Scuteri CHARLOTTE, N.C. " Three-time Daytona 500 winner Denny Hamlin outlined the precarious situation facing NASCAR teams, testifying Tuesday in the federal antitrust trial against the stock car series that the race team he co-owns spent more than $700,000 to the series in 2022 alone and how agreeing to its charter proposal last fall would have been like signing his own "death certificate." Hamlin was the first witness called when testimony began Monday in the antitrust case brought by 23XI Racing, which is owned by Hamlin and Basketball Hall of Famer Michael Jordan, and Front Row Motorsports, owned by fast-food franchiser Bob Jenkins. The two teams contend that NASCAR is a monopoly that has handcuffed teams with a no-win revenue model. All 15 of NASCAR's teams had been…...

55+ min ago (560+ words) The landmark federal antitrust trial against NASCAR opened Monday. 23XI Racing, which three-time Daytona 500 winner Denny Hamlin co-owns with Michael Jordan, and Front Row Motorsports, claim the series is a monopolistic bully that leaves its teams no option but to comply with rules and financing they don't agree with. Hamlin was the first witness called when testimony began Monday in the antitrust case brought by 23XI Racing, which is owned by Hamlin and Basketball Hall of Famer Michael Jordan, and Front Row Motorsports, owned by fast-food franchiser Bob Jenkins. The two teams contend that NASCAR is a monopoly that has handcuffed teams with a no-win revenue model. All 15 of NASCAR's teams had been vocal for over two years that the last charter agreement made it impossible for them to turn a profit and they demanded four changes in prolonged negotiations. When the…...

1+ hour, 28+ min ago (1946+ words) Yuki Tsunoda has lost his place on the grid for F1 2026 After months of speculation in the media and auditions by the drivers, Red Bull has confirmed its line-up for both Red Bull Racing and Racing Bulls for the F1 2026 season. It's great news for Isack Hadjar, good news for Liam Lawson and a goodbye for Yuki Tsunoda, at least in terms of a race seat. The PlanetF1.com crew has had its say on Red Bull's decision. Yuki Tsunoda simply wasn't good enough. Red Bull is an organisation that creates world champions; anything short of that is a failure. It's an incredibly high marker for success, but that is the metric which it has laid out for itself ever since first promoting Christian Klien and Vitantonio Liuzzi all those years ago. I hasten to add that Tsunoda IS good enough for Formula…...

1+ hour, 34+ min ago (382+ words) 23XI Racing and Front Row are suing NASCAR over charter rules, alleging monopoly abuse and financial strain; a Charlotte jury will decide if NASCAR must change or pay damages. Over the next two weeks, a jury in Charlotte, North Carolina, will decide whether NASCAR has used its power illegally through its current charter structure, which the teams argue threatens their financial stability. But on Dec. 18, 2024, Judge Bell granted the teams" second injunction, allowing them to race with their current charters in 2025 and ruling that NASCAR does indeed hold monopoly power in stock-car racing. Now, it"s time for the two sides to hash things out in court." Hamlin also detailed how 23XI acquired its three charters from teams that shut down, paying $4.7 million for the first, $13.5 million for the second, and $28 million for the third late last year. He admitted the third…...

1+ hour, 43+ min ago (393+ words) Hadjar replaces Yuki Tsunoda after impressive 2025 British teenager Arvid Lindblad to join Racing Bulls Isack Hadjar will partner Max Verstappen at Red Bull next season as the British teenager Arvid Lindblad is handed his Formula One debut. Hadjar has enjoyed an impressive rookie season with the Racing Bulls junior team and sits 10th in the standings before the final race. The 21-year-old Frenchman clinched a brilliant podium at the Dutch Grand Prix in August and has consistently outqualified and beaten his teammate Liam Lawson. "I'm so grateful to Oracle Red Bull Racing for giving me the opportunity and trust to race at the highest level of Formula One," Hadjar said. "After all the hard work I have put in since joining the junior team, it's such a great reward. I've had many ups and downs throughout my career, and they kept…...

2+ hour ago (50+ words) Swimmers suing World Aquatics over alleged antitrust violations say the objection to an additional $1.16 million in attorney fees is "absurd," arguing the international governing body knows payment would come from a fund separate from the already negotiated attorney fees....By: Kaufman & Canoles LAWSUITS OF THE RICH & FAMOUS...

2+ hour, 1+ min ago (508+ words) Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain with the team for the 2026 season, ending weeks of speculation about the future of the 24-year-old driver. Robb's renewal marks ... Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain with the team for the 2026 season, ending weeks of speculation about the future of the 24-year-old driver. Robb's renewal marks his second consecutive year with Juncos Hollinger Racing after rejoining the organization in 2025, five years after the two captured the 2020 Indy Pro Championship together. The Idaho native will be paired with Rinus Veekay, who signed with Juncos Hollinger Racing for the 2026 IndyCar season last October, replacing Conor Daly. "Sting Ray is a key pillar in the structure we're building for 2026. His commitment and approach match the ambition driving this team forward," team principal Dave O'Neill said. "We took…...