Grant Baldwin via Getty Images
The trial between Michael Jordan’s 23XI Racing and NASCAR is over.
Jeffrey Kessler, the attorney representing 23XI Racing and Front Row Motorsports in the teams’ anti-trust lawsuit against NASCAR, told Judge Kenneth Bell that the parties had reached a settlement “in a way that will benefit the industry going forward.”
The trial was in its second week and the settlement comes as NASCAR was in the midst of its portion of the proceedings. NASCAR CEO Jim France had been on the stand on Tuesday and Wednesday.
Terms of the settlement have not been announced.