Michael Jordan’s NASCAR team, 23XI Racing, is suing NASCAR and its CEO, Jim France, over alleged anticompetitive practices. Along with Front Row Motorsports, 23XI Racing filed an antitrust lawsuit on October 2 in the Western District of North Carolina. The lawsuit accuses NASCAR of using its charter system to restrict competition and unfairly tie teams […]
Basketball icon Michael Jordan is expanding his successful tequila brand, Cincoro Tequila, by bringing in Serena Williams and a group of elite athletes as co-owners. Michael Jordan recently announced that sports stars like tennis champion Serena Williams and baseball legend Derek Jeter are now investors in Cincoro Tequila. Michael Jordan, a co-founder of the brand, […]
The recent surge in Michael Jordan’s wealth can be attributed to the reevaluation of his diverse portfolio of assets. This includes a minority share in the Charlotte Hornets, ownership in the sports betting giant DraftKings, and a substantial interest in 23XI Racing, the NASCAR team he co-founded with Joe Gibbs and Denny Hamlin, which is […]
