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NASCAR settles federal antitrust case, gives all teams the permanent charters they wanted

NASCAR settles federal antitrust case, gives all teams the permanent charters they wanted

Jenna Fryer, Associated Press  |  Updated Dec. 11 - 5:07 p.m.  |  Save Story

NASCAR has settled an antitrust lawsuit with two race teams, including one co-owned by Michael Jordan. The settlement was announced Thursday after a delay on the ninth day of the trial. The lawsuit was filed by 23XI Racing and Front Row Motorsports last year after they refused to sign new charter agreements presented by NASCAR. As part of the settlement, all NASCAR race teams will receive the permanent charters they had been asking for. NASCAR chairman Jim France had testified that he never considered making charters permanent. A charter is the equivalent of the franchise model in other sports.
NASCAR chairman Jim France stands firm on charter stance, citing parents' advice

NASCAR chairman Jim France stands firm on charter stance, citing parents' advice

Jenna Fryer, Associated Press  |  Updated Dec. 10 - 5:36 p.m.  |  Save Story

NASCAR Chairman Jim France had a stronger second day of testimony Wednesday as the final witness called by Michael Jordan's side in the federal antitrust lawsuit against the racing series, explaining that advice from his late parents helped shape his stance against granting teams permanent charters in the new revenue-sharing model.
NASCAR chairman refuses to budge on team charters in testimony during Michael Jordan's lawsuit

NASCAR chairman refuses to budge on team charters in testimony during Michael Jordan's lawsuit

Jenna Fryer, Associated Press  |  Updated Dec. 9 - 6:02 p.m.  |  Save Story

NASCAR Chairman Jim France testified Tuesday in Michael Jordan's federal antitrust lawsuit against his family that he still has not changed his mind on granting teams permanent charters, and evidence showed he entered negotiations on a new revenue-sharing agreement determined to thwart teams' efforts for a better deal from the stock car series.
Red Bull adviser Helmut Marko, who mentored Verstappen, retires from F1 at the age of 82

Red Bull adviser Helmut Marko, who mentored Verstappen, retires from F1 at the age of 82

The Associated Press  |  Posted Dec. 9 - 8:03 a.m.  |  Save Story

Red Bull's influential auto racing adviser Helmut Marko is retiring from his role at the age of 82, ending a 20-year stint in which he helped Sebastian Vettel and Max Verstappen develop into four-time Formula 1 champions.
Economist says NASCAR owes $364.7M to teams in antitrust case

Economist says NASCAR owes $364.7M to teams in antitrust case

Jenna Fryer, Associated Press  |  Updated Dec. 8 - 4:57 p.m.  |  Save Story

An economist testified in Michael Jordan's federal antitrust trial against NASCAR that the racing series owes a combined $364.7 million in damages to the two teams suing it over a revenue-sharing dispute.
Lewis Hamilton's dream Formula 1 move to Ferrari results in a nightmare first season

Lewis Hamilton's dream Formula 1 move to Ferrari results in a nightmare first season

Jerome Pugmire, Associated Press  |  Posted Dec. 8 - 7:43 a.m.  |  Save Story

Lewis Hamilton's dream move to Ferrari resulted in a nightmare first season.
McLaren driver Lando Norris clinches his first F1 title at season-ending Abu Dhabi Grand Prix

McLaren driver Lando Norris clinches his first F1 title at season-ending Abu Dhabi Grand Prix

Jerome Pugmire, Associated Press  |  Updated Dec. 7 - 9:51 a.m.  |  Save Story

McLaren driver Lando Norris has clinched his first Formula 1 title at the season-ending Abu Dhabi Grand Prix. Red Bull driver and defending champion Max Verstappen won the race with Norris placing third behind his McLaren teammate Oscar Piastri in second. It allowed Norris to finish two points ahead of Verstappen. Piastri was also in contention for his first F1 title and finished third in the standings, 13 points behind Norris. The 26-year-old Norris became the first British champion since Lewis Hamilton in 2020, and he also denied Verstappen a fifth straight title. Norris entered the three-way battle 12 points ahead of Verstappen and 16 ahead of Piastri.
The key moments which decided McLaren driver Lando Norris' run to the Formula 1 title

The key moments which decided McLaren driver Lando Norris' run to the Formula 1 title

James Ellingworth, Associated Press  |  Updated Dec. 7 - 9:36 a.m.  |  Save Story

After McLaren driver Lando Norris clinched his first Formula 1 title at the Abu Dhabi Grand Prix on Sunday, here's a look at some key moments which helped decide the championship fight.
Verstappen takes pole position for F1 title-deciding Abu Dhabi GP ahead of Norris and Piastri

Verstappen takes pole position for F1 title-deciding Abu Dhabi GP ahead of Norris and Piastri

The Associated Press  |  Updated Dec. 6 - 8:57 a.m.  |  Save Story

Max Verstappen took a brilliant pole position for the title-deciding Abu Dhabi Grand Prix ahead of Formula 1 title rivals Lando Norris and Oscar Piastri on Saturday.
Michael Jordan testifies in NASCAR antitrust trial, says he had no choice but to sue 'the entity'

Michael Jordan testifies in NASCAR antitrust trial, says he had no choice but to sue 'the entity'

Jenna Fryer, Associated Press  |  Updated Dec. 5 - 3:31 p.m.  |  Save Story

Retired NBA great Michael Jordan took the stand at the landmark NASCAR antitrust case Friday and testified that he has been a fan of the stock car series since he was a child but felt he had little choice but to sue to force changes in a business model he sees shortchanging teams and drivers risking their lives to keep the sport going.
NASCAR chairman Jim France accused of stonewalling teams in antitrust case

NASCAR chairman Jim France accused of stonewalling teams in antitrust case

Jenna Fryer, Associated Press  |  Updated Dec. 4 - 5:24 p.m.  |  Save Story

The attorney for the two teams suing NASCAR portrayed series chairman Jim France as "a brick wall" in negotiations over the new revenue-sharing model that has triggered the Michael Jordan-backed federal antitrust case against the top form of motorsports in the United States.
Toyota deepens connections in F1 by sponsoring Haas team in 2026

Toyota deepens connections in F1 by sponsoring Haas team in 2026

Stephen Wade, Associated Press  |  Updated Dec. 4 - 5:54 a.m.  |  Save Story

Toyota is increasing its presence in Formula 1 after taking over the title sponsorship of the Haas team on Thursday.
NASCAR owner Bob Jenkins 'hurt' by 'take-it-or-leave-it' charter offer made with hours to sign

NASCAR owner Bob Jenkins 'hurt' by 'take-it-or-leave-it' charter offer made with hours to sign

Jenna Fryer, Associated Press  |  Updated Dec. 3 - 5:26 p.m.  |  Save Story

Front Row Motorsports owner Bob Jenkins testified Wednesday in the federal antitrust case against NASCAR that he was "honestly very hurt" by a "take-it-or-leave-it" offer on a new charter agreement that came with a deadline of mere hours to sign the 112-page document.
Denny Hamlin testifies that signing NASCAR's charter deal would have been a 'death certificate'

Denny Hamlin testifies that signing NASCAR's charter deal would have been a 'death certificate'

Jenna Fryer, Associated Press  |  Updated Dec. 2 - 11:09 a.m.  |  Save Story

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."
Hadjar to partner Verstappen at Red Bull in 2026 as Tsunoda loses F1 seat

Hadjar to partner Verstappen at Red Bull in 2026 as Tsunoda loses F1 seat

James Ellingworth, Associated Press  |  Updated Dec. 2 - 9:17 a.m.  |  Save Story

Isack Hadjar will team up with his childhood hero Max Verstappen at Red Bull next year after an impressive rookie season, while Yuki Tsunoda has lost his Formula 1 seat following a tough season.
Denny Hamlin breaks down in tears as the first witness testifying at NASCAR antitrust trial

Denny Hamlin breaks down in tears as the first witness testifying at NASCAR antitrust trial

Jenna Fryer, Associated Press  |  Updated Dec. 1 - 4:52 p.m.  |  Save Story

The landmark federal antitrust trial against NASCAR opened Monday with three-time Daytona 500 winner Denny Hamlin breaking down in tears minutes into his testimony as the first witness in a case that could upend the venerable stock car series.
Red Bull voices regret after Kimi Antonelli is threatened online over Lando Norris incident

Red Bull voices regret after Kimi Antonelli is threatened online over Lando Norris incident

James Ellingworth, Associated Press  |  Posted Dec. 1 - 7:31 a.m.  |  Save Story

Red Bull expressed regret Monday following "clearly incorrect" comments alleging that Mercedes' Kimi Antonelli had let Lando Norris past at the Qatar Grand Prix, influencing the Formula 1 title fight, after the Italian rookie received death threats on social media.
Michael Jordan's fight against NASCAR heads to court, could shake up motorsports

Michael Jordan's fight against NASCAR heads to court, could shake up motorsports

Jenna Fryer, Associated Press  |  Updated Nov. 30 - 3:37 p.m.  |  Save Story

Michael Jordan's bitter fight against NASCAR heads to federal court Monday in a jury trial that could rip apart the top motorsports series in the United States.
McLaren's botched strategy call helps Verstappen win Qatar GP as F1 title fight goes to final race

McLaren's botched strategy call helps Verstappen win Qatar GP as F1 title fight goes to final race

Jerome Pugmire, Associated Press  |  Updated Nov. 30 - 1:38 p.m.  |  Save Story

One week after losing all their points from the Las Vegas Grand Prix, McLaren threw away a bunch more in an increasingly tense Formula 1 title race by botching a strategy call at the Qatar GP on Sunday.
Lewis Hamilton's terrible season continues with eighth-place finish in Las Vegas

Lewis Hamilton's terrible season continues with eighth-place finish in Las Vegas

Mark Anderson, Associated Press  |  Updated Nov. 23 - 1:46 p.m.  |  Save Story

Lewis Hamilton had every reason to feel good about the effort he put in Saturday night, but as a seven-time Formula 1 champion, his bar is too high for moral victories.