NASCAR settles antitrust case with 23XI, Front Row teams

“Don’t get comfortable.”

U.S. District Court Judge Kenneth Bell offered those words as the first thing to the jury on Thursday morning, before explaining that the court needed an hour-long recess while offering that the hour would save “many hours” in the future. But that hour turned into an hour and a half before Jeffrey Kessler, the lead counsel for 23XI Racing and Front Racing Motorsports, informed the court that they were finalizing a settlement.

At the two-hour mark, the agreement was presented to Judge Bell, and the court was informed that the trial was over. It came on the ninth day of proceedings.

The financial terms of the agreement were not disclosed. However, all NASCAR Cup Series teams, including 23XI and Front Row, will be granted permanent (or "evergreen") charters.

A joint statement from the parties reads:

“NASCAR, 23XI Racing, and Front Row Motorsports are pleased to announce a mutually agreed-upon resolution that delivers long-term stability and creates the conditions for meaningful growth for all teams in a more competitive environment.

“This resolution reflects our shared commitment to maintaining a fair and equitable framework for long-term participation in America’s premier motorsport, one that supports teams, partners, and stakeholders while ensuring fans enjoy uninterrupted access to the best racing in the world. The agreement allows all parties to move forward with a unified focus on advancing stock car racing and delivering exceptional competition for our fans.

“With this matter now resolved, all parties look forward to working together, alongside all chartered race teams, to deliver world-class events, dynamic sponsorship and partner activation opportunities, and continued growth for generations to come.

“As a condition of the settlement agreement, NASCAR will issue an amendment to existing charter holders detailing the updated terms for signature, which will include a form of ‘evergreen’ charters, subject to mutual agreement. The financial terms of the settlement are confidential and will not be released.

“What all parties have always agreed on is a deep love for the sport and a desire to see it fulfill its full potential. This is a landmark moment, one that ensures NASCAR’s foundation is stronger, its future is brighter, and its possibilities are greater. We extend our sincere thanks to Judge Kenneth Bell and mediator Jeffrey Mishkin for their professionalism and guidance throughout this process and to their jury for their time.”

Judge Bell told the court he wished the settlement had come sooner, but appreciated everyone’s hard work. Additionally, he said the agreement would be great for everyone involved.

RACER will have more details on this developing story as they become available.