Tag: Jordan

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Jordan Invests Big in NASCAR, Seeks NBA-Style Changes

Michael Jordan is making waves in the racing world by investing up to $40 million into his team, 23XI Racing. The basketball legend isn't just putting money on the table; he's also pushing for major changes that could shake up NASCAR.Key Takeaways$40 Million Investment: Jordan is pouring a significant amount into his team, 23XI Racing.NBA Model Push: He wants to see permanent charters and more governance input like in the NBA.Bigger Revenue Share for Teams: Jordan believes teams should get a bigger slice of new revenue streams.Michael Jordan's move into NASCAR isn't just about winning races. It’s also about reshaping how the sport operates. He sees parallels between racing and basketball, where team stability is key to long-term success.The NBA has charters that ensure teams stay in place ...