NASCAR executive returns to the stand in high-stakes antitrust trial

Michael Jordan, NBA Hall of Famer and co-owner of 23XI Racing. Pic: Jordan Bank/Getty Images

A top NASCAR executive returns to the stand Wednesday for a second day of testimony in the explosive antitrust case that accuses the top motorsports series in the United States of being a monopolistic bully in violation of federal antitrust laws.

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.