A three-judge federal appellate panel indicated it they might overturn an injunction that allows 23XI Racing and Front Row Motorsports to race as chartered teams in NASCAR this season while the two teams sue the stock car series over alleged antitrust violations.

NASCAR has filed a counterclaim against Michael Jordan-owned 23XI Racing and Front Row Motorsports alleging they “willfully” violated antitrust laws in connection with the most recent charter agreements.

Attorneys seeking approval of the $2.8 billion legal settlement for college sports pointed to nearly 102,000 athletes who signed up to receive damages from the action, while batting down objections to what they described as the “intergalactic paradigm shift” the settlement will create across the NCAA.

The deadline has come and gone for objections to be filed against the landmark $2.8 billion settlement of antitrust allegations against the NCAA and the five largest athletic conferences.

Most of the objections posted so far to the lawsuit settlement set to alter the college-sports model concerned the impact roster limits will have on players in so-called “Olympic sports,” some of whom have already been cut from their teams.

The athletes whose lawsuit against the NCAA is primed to pave the way for schools to pay them directly also want a players’ association to represent them in the complex contract negotiations that have overtaken the industry.

A federal judge has denied a motion by two NASCAR teams — one owned by Basketball Hall of Famer Michael Jordan — to be recognized as chartered teams as they proceed in an antitrust lawsuit against the stock car series and chairman Jim France.

Retired NBA great Michael Jordan and his fellow owners of two NASCAR teams headed to federal court for a hearing in their antitrust fight against the stock car series over what they say is an unfair business model.

The two teams suing NASCAR have asked for a court order to compete under the 2025 charter agreement as their antitrust case moves through federal court.

NASCAR teams have hired one of the country’s top antitrust and sports lawyers to advise them in their ongoing dispute with the family-owned stock car series over a new revenue-sharing model.