CHARLOTTE, N.C. (AP) — NASCAR hits midsummer amid legal battles involving team charters, a key part of its business model. Two teams, including Michael Jordan’s 23XI Racing, are suing NASCAR over antitrust issues. They claim losing their charters could force them out of business. A federal court ruling is expected soon, with a trial set for December. Separately, Jimmie Johnson’s Legacy Motor Club is in a dispute with Rick Ware Racing over a charter sale. Johnson hopes to secure the charter, while the legal chaos highlights the skyrocketing value of NASCAR charters.… Continue Reading
