September 28, 2024

Rest in peace legend; NASCAR legend Jeff Gordon sadly pass away at the age of 53 years.

HAMPTON, Ga. — 23XI Racing, the NASCAR team co-owned by Michael Jordan, said Saturday it skipped a deadline to sign a new charter agreement with the sanctioning body because “it did not have an opportunity to fairly bargain” for a new contract.

The two-car team owned by Jordan, active driver Denny Hamlin and Jordan right-hand man Curtis Polk revealed that teams had a Friday night NASCAR-imposed deadline to sign new charter agreements that run from 2025 through 2031.

In a letter to NASCAR, 23XI said its Toyota organization was refusing to sign the extension. The team’s revelation came on the eve of the start of NASCAR’s playoffs as garage speculation Saturday indicated that all but two Cup Series teams have signed the new agreements. The other team believed to be holding out is Ford-backed Front Row Motorsports, a midlevel program that lacks Jordan’s clout.

We notified NASCAR what issues needed to be addressed, in writing, at the deadline,” 23XI said in its Saturday statement. “We are interested in engaging in constructive discussions with NASCAR to address these issues and move forward in a way that comes to a fair resolution, while strengthening the sport we all love.”

The playoffs begin Sunday at Atlanta Motor Speedway.

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