There is a misconception out there that what’s happening here is the litigation will force a renegotiation. ... And I just want to make clear that that’s not going to happen.”

NASCAR stated in court documents that the two teams and Curtis Polk “embarked on a strategy to threaten, coerce, and extort NASCAR into meeting their demands for better contract and financial terms.”

NASCAR's revenue-sharing charter system is under threat of being disbanded according to a Wednesday counterclaim filed by the stock car series against Michael Jordan-owned 23XI Racing and Front Row Motorsports that singles out Jordan's longtime business manager.