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Denny Hamlin is unfazed that a three-judge federal appellate panel vacated an injunction that required NASCAR to recognize 23XI, which he owns with Michael Jordan, and Front Row as chartered teams as part of an antitrust lawsuit.
“That’s just such a small part of the entire litigation,” Hamlin said Saturday, a day ahead of the FireKeepers Casino 400. “I’m not deterred at all. We’re in good shape.”
Hamlin said Jordan feels the same way.
“He just remains very confident, just like I do,” Hamiln said.
NASCAR has not commented on the latest ruling.
23XI and Front Row sued NASCAR late last year after refusing to sign new agreements on charter renewals. They asked for a temporary injunction that would recognize them as chartered teams for this season, but the Fourth Circuit Court of Appeals in Richmond, Virginia, on Thursday ruled in NASCAR’s favor.
“We’re looking at all options right now,” Hamlin said.
The teams, each winless this year, said they needed the injunction because the current charter agreement prohibits them from suing NASCAR. 23XI also argued it would be harmed because Tyler Reddick’s contract would have made him a free agent if the team could not guarantee him a charter-protected car.
Hamlin insisted he’s not worried about losing drivers because of the uncertainty.
“I’m not focused on that particularly right this second,” he said.
Reddick, who was last year’s regular-season champion and competed for the Cup title in November, enters the race Sunday at Michigan ranked sixth in the Cup Series standings.
The charter system is similar to franchises in other sports, but the charters are revocable by NASCAR and have expiration dates.
The six teams may have to compete as “open” cars and would have to qualify on speed each week to make the race and would receive a fraction of the money.
Without a charter, Hamlin said it would cost the teams “tens of millions,” to run three cars.
“We’re committed to run this season open if we have to,” he said. “We’re going to race and fulfill all of our commitments no matter what. We’re here to race. Our team is going to be here for the long haul and we’re confident of that.”
The antitrust case isn’t scheduled to be heard until December.
NASCAR has not said what it would do with the six charters held by the two organizations if they are returned to the sanctioning body. There are 36 chartered cars for a 40-car field.
“We feel like facts were on our side,” Hamlin said. “I think if you listen to the judges, even they mentioned that we might be in pretty good shape.”
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AP auto racing: https://apnews.com/hub/auto-racing
