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NASCAR has finalized a new charter agreement. Team co-owner Michael Jordan won’t sign it

By WJBD Staff Sep 10, 2024 | 6:26 AM

HAMPTON, Ga. (AP) — NASCAR is in a stalemate with Michael Jordan and how it ends could potentially get very messy for both sides. After more than two years of contentious negotiations over a new revenue agreement, NASCAR last weekend finally got 13 organizations to sign a new deal. The agreement was reached less than 48 hours before NASCAR’s playoff opener at Atlanta Motor Speedway. But this is not the win NASCAR would like to believe it is. 23XI Racing, the team co-owned by Michael Jordan, and Front Row Motorsports both refused to sign the deal.