The antitrust lawsuit against NASCAR by two of its racing teams — including one co-owned by NBA legend Michael Jordan — was settled Thursday, with permanent charters granted to all teams.

That settlement is a new charter system called "evergreen charters", meaning teams are going to get permanent team charters, which was the main point of Jordan, driver Danny Hamlin and their team's lawsuit. Although the financial agreements between the two sides will not be publicly disclosed.

Kaulig will be represented by full-time drivers Brenden Queen, Daniel Dye, and Justin Haley throughout the 2026 season. The first race of the upcoming season is scheduled for February 1, 2026. Named the Cook Out Clash at Bowman Gray Stadium, fans can watch the Cup Series event live on FOX Sports.

Michael Annett, a former racecar driver who made 436 combined starts in NASCAR's three national touring series, has died. He was 39. JR Motorsports, one of Annett's former teams, posted the news on social media on Friday. No cause of death was announced.

Bubba Wallace shares 2-word feelings on NASCAR's lawsuit settlement with Michael Jordan's 23XI Racing originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here. Bubba Wallace has chimed in.