Richard Childress breaks silence on Michael Jordan’s anti-trust lawsuit against NASCAR

Hall of Fame team owner Richard Childress has given his verdict on the lawsuit on NASCAR filed by 23XI and FRM.


Richard Childress breaks silence on Michael Jordan’s anti-trust lawsuit against NASCAR

Richard Childress and Michael Jordan (Via IMAGO)

The NASCAR community is in shock after Michael Jordan’s 23XI Racing and Bob Jenkins Front Row Motorsports revealed that they have sued NASCAR. The coalition has filed a federal anti-trust lawsuit alleging that NASCAR is acting like a monopolistic bully over the 20205-2031 charter deal they have signed by all other teams than the two.

Richard Childress, the Hall of Fame owner of RCR, has shared his verdict on the legal drama ahead of the Talladega playoff race. He isn’t either happy or sad about the legal actions and admitted that he doesn’t think RCR can possibly join lawsuit. He doesn’t have any serious verdict to give on this as even NASCAR hasn’t given a proper response.

I don’t know how you phrase happy on this. I would just say that I don’t think we can join, I don’t know, it’s way too early to talk about all the legal stuff. NASCAR hadn’t even came back with an answer. I’m sure they’re looking at antitrust attorneys, I know they are, and we’ll go from there.

Richard Childress told Bob Pockrass.

While further talking the potential result of the lawsuit, Childress pointed out that if these teams are successful, the teams that didn’t participate in the lawsuit should get benefits off it. It seems he doesn’t want to see a potential settlement that will give the two teams an advantage over the other sides.

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I think it will by the law but we don’t have a favored nation [clause] in our charter which is not fair to me anyway because everybody should be treated equal. How do I know that they’re not going to give somebody a bigger restrictor plate or how do I know they’re not going to pay somebody 20 million more dollars than me? We don’t know without a favored nation.

Richard Childress added.

Richard Childress recalls signing the new deal

While recalling why he signed the take it or leave it deal he was given by NASCAR ahead of the Bristol race, pointed out that he had like 6 hours to sign the deal or lose the charter. He didn’t have a choice at the moment as he was responsible for the 400 employees of RCR and all the contract they have signed with his business partners.

Richard Childress
Richard Childress ( Image via IMAGO)

Well, we’ve read it all, I can’t comment a whole lot now because I know attorneys are handling a lot of that. But I will say that the part about, we got our Docusign that evening at 6:37 is when it came in and we had to sign it by 12 o’clock or we’d lose our charters. I didn’t have a choice, because we had to sign. I’ve got over 400 employees, OEM contracts, contracts with sponsors and I’ve gotta take care of my team.

Richard Childress said.

The championship winning team owner, like many his counterparts was caught off guard by NASCAR with the deal and they didn’t have any choice but to sign it. They couldn’t afford the loses of they didn’t sign the deal. Hence, he is really curious how the legal process would playout and how his team can benefit from it.