Michael Jordan’s Race Team to Appeal Federal Ruling in NASCAR Antitrust Case

Winston & Strawn, representing NBA Hall of Famer Michael Jordan’s stock car race team, has announced plans to appeal a federal court ruling regarding their antitrust lawsuit against NASCAR. The lawsuit, spearheaded by attorney Jeffrey L. Kessler, claims NASCAR is monopolizing the U.S. stock car racing market by coercing teams into signing contracts that allegedly favor NASCAR financially, at the detriment of teams and drivers. This legal battle has escalated as the court denied a preliminary injunction sought by Kessler’s clients to prevent NASCAR from potentially barring their participation in future events. Despite the setback, Winston & Strawn remains committed to pursuing their case, as described in a report by the National Law Journal.