NASCAR Surrenders to Michael Jordan & Denny Hamlin as $50M SHR Roadblock Crumbles

After long months of struggle, NASCAR and the rebellious teams have come to peace. A huge controversy that had divided NASCAR into two parts has come to some agreement.

You know the recent developments in the NASCAR Lawsuit case. But the breaking news is that Michael Jordan’s rebellion has finally paid off. Yes, NASCAR has surrendered to the demands of 23XI and Front Row Motorsports after a long-running lawsuit.

A ‘Big Win’ for the teams!

According to a recent update by Bob Pockrass on X, “BREAKING: 23XI and Front Row Motorsports have obtained the preliminary injunction to race as chartered teams in 2025 as well as for approval of the SHR transfers.”

This bombshell comes right after Stewart-Haas Racing’s Joe Custer’s major revelation. Custer asserted that NASCAR failed to fulfill its promise of transferring Tony Stewart and Gene Haas-owned charters to 23XI Racing. As rumored, the three charters from Tony Stewart’s NASCAR exit were believed to be worth about $25 million each. With $50 million at stake, this news comes as a relief for many.

Denny Hamlin also jumped in joy as he was quick to post on X, “YESSSSSSS!!!!!!!”

Additionally, in Joe Custer’s words targeting NASCAR’s betrayal, “NASCAR officials conveyed to me on more than one occasion that once the Buyers submitted their Transfer Approval Forms and signed their respective Joinder Agreements, NASCAR would promptly provide the necessary approvals to transfer the Charter Agreements to the Buyers,”

This is a developing story.

The post NASCAR Surrenders to Michael Jordan & Denny Hamlin as $50M SHR Roadblock Crumbles appeared first on EssentiallySports.

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