Michael Jordan’s 23XI Racing at risk of losing NASCAR charters in 2025

23XI Racing is at risk of losing its two NASCAR charters for the 2025 season and beyond. Find out the latest as NASCAR made an ultimatum!

[autotag]23XI Racing[/autotag] has grown into one of NASCAR’s best organizations behind the leadership of Denny Hamlin, Michael Jordan, and several other individuals since the start of the 2021 season. Tyler Reddick won the NASCAR Cup Series regular-season title and remains one of the championship favorites. However, 23XI Racing’s future now looks a little uncertain.

According to FOX Sports’ Bob Pockrass, NASCAR told teams last week that if they didn’t sign the proposal for the charter agreement on Friday night, they would be at risk of losing their charters for 2025. 23XI Racing and Front Row Motorsports were the two teams in the NASCAR garage that refused to succumb and sign the agreement.

Therefore, 23XI Racing’s future in NASCAR has grown murky. It’s unclear if NASCAR would truly take away charters from one of the sport’s most well-known organizations. 23XI Racing is not pleased with how NASCAR handled itself in these negotiations, and if what was reported about the threat of stripping charters away is true, it’s an understandable frustration.

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