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 on Wednesday filed a counterclaim against Michael Jordan-owned 23XI Racing and Front Row Motorsports for “willfully” violating antitrust laws by orchestrating anticompetitive collective conduct in connection with the most recent charter agreements.