23XI Racing

The previous logo for 23XI Racing.
During the summer of 2020, rumors swirled that Michael Jordan intended on purchasing an ownership stake in Richard Petty Motorsports, who fielded the only black driver in the NASCAR Cup Series, Bubba Wallace. Such claims were repeatedly denied by Jordan's management team.

On September 8, 2021, veteran motorsports executive Steve Lauletta was named team president after serving as the interim president since the team's foundation.

On July 12, 2022, 23XI Racing announced that two-time NASCAR Xfinity Series champion Tyler Reddick signed with the team for the 2024 season. On July 23, 2022, Hamlin announced that starting in 2023, 23XI would have its own pit crews instead of leasing them from Joe Gibbs Racing.

In May, 2024, 23XI opened its doors to their brand-new race shop and team headquarters, named "Airspeed", in Huntersville, North Carolina.

On October 2, 2024, it was announced that 23XI Racing, along with Front Row Motorsports, filed an antitrust lawsuit against NASCAR over the terms of the updated charter agreement, as well as anti-competitive practices committed by the France family. On December 18, both teams were granted a motion of preliminary injunction, allowing them to race as chartered entries in 2025 while continuing their legal battle with NASCAR. The injunction also allowed the transfer of the two Stewart–Haas Racing charters to both teams. On June 5, 2025, the U.S. Court of Appeals overturned the preliminary injunction ruling. On August 25, NASCAR filed a legal notice of its agreement to issue one of the charters to a redacted entity. On December 11, 2025, after eight days in court, the case was settled.

^ Barrabi, Thomas (August 27, 2020). "Michael Jordan not interested in buying into Bubba Wallace's NASCAR team, rep says". FOX Business. FOX News Network, LLC. Archived from the original on October 9, 2020. Retrieved October 6, 2020.

^ Taranto, Steven (August 28, 2020). "'No truth' to rumor of Michael Jordan exploring NASCAR ownership". 247Sports. Retrieved October 6, 2020.

^ "Steve Lauletta Named Team President of 23XI Racing". Jayski's Silly Season Site. NASCAR Digital Media, LLC. September 8, 2021. Retrieved September 9, 2021.

^ "23XI Racing Signs Tyler Reddick for 2024". Jayski's Silly Season Site. NASCAR Digital Media, LLC. July 12, 2022. Retrieved July 13, 2022.

^ "Denny Hamlin Says 23XI Racing Will Have Their Own Pit Crews Next Season". Jayski's Silly Season Site. NASCAR Digital Media, LLC. July 23, 2022. Retrieved July 24, 2022.

^ "Inside Airspeed, 23XI Racing's 'all-in' headquarters". NASCAR.com. May 30, 2024. Retrieved October 10, 2024.

^ "23XI Racing, Front Row Motorsports sue NASCAR alleging monopolistic practices". The New York Times. October 2, 2024. Retrieved October 2, 2024.

^ "23XI Racing, Front Row Motorsports file lawsuit against NASCAR UPDATE 3". Jayski's Silly Season Site. NASCAR Digital Media. October 3, 2024. Retrieved October 4, 2024.

^ "Teams win preliminary injunction in lawsuit against NASCAR". Jayski's Silly Season Site. NASCAR Digital Media, LLC. December 18, 2024. Retrieved December 19, 2024.

^ "U.S. Court of Appeals rules in favor of NASCAR". Jayski's Silly Season Site. NASCAR Digital Media. June 5, 2025. Retrieved June 5, 2025.

^ "NASCAR has agreement for transfer of charter involved in lawsuit". Jayski's Silly Season Site. NASCAR Digital Media. August 25, 2025. Retrieved August 26, 2025.

^ Bianchi, Jordan; Gluck, Jeff (2025-12-11). "NASCAR reaches settlement with 23XI, Front Row to end year-long legal saga". The New York Times. ISSN 0362-4331. Retrieved 2025-12-11.

On October 2, 2024, it was announced that 23XI Racing, along with Front Row Motorsports, filed an antitrust lawsuit against NASCAR over the terms of the updated charter agreement, as well as anti-competitive practices committed by the France family. On December 18, both teams were granted a motion of preliminary injunction, allowing them to race as chartered entries in 2025 while continuing their legal battle with NASCAR. The injunction also allowed the transfer of the two Stewart–Haas Racing charters to both teams. On June 5, 2025, the U.S. Court of Appeals overturned the preliminary injunction ruling. On August 25, NASCAR filed a legal notice of its agreement to issue one of the charters to a redacted entity. On December 11, 2025, after eight days in court, the case was settled.

^ "23XI Racing, Front Row Motorsports sue NASCAR alleging monopolistic practices". The New York Times. October 2, 2024. Retrieved October 2, 2024.

^ "23XI Racing, Front Row Motorsports file lawsuit against NASCAR UPDATE 3". Jayski's Silly Season Site. NASCAR Digital Media. October 3, 2024. Retrieved October 4, 2024.

^ "Teams win preliminary injunction in lawsuit against NASCAR". Jayski's Silly Season Site. NASCAR Digital Media, LLC. December 18, 2024. Retrieved December 19, 2024.

^ "U.S. Court of Appeals rules in favor of NASCAR". Jayski's Silly Season Site. NASCAR Digital Media. June 5, 2025. Retrieved June 5, 2025.

^ "NASCAR has agreement for transfer of charter involved in lawsuit". Jayski's Silly Season Site. NASCAR Digital Media. August 25, 2025. Retrieved August 26, 2025.

^ Bianchi, Jordan; Gluck, Jeff (2025-12-11). "NASCAR reaches settlement with 23XI, Front Row to end year-long legal saga". The New York Times. ISSN 0362-4331. Retrieved 2025-12-11.