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Appeals court rules in favor of NASCAR and overturns injunction for 23XI Racing and Front Row Motorsports

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Michael Jordan ’s 23XI Racing and Front Row Motorsports won an injunction against NASCAR .

The teams won the injunction in December after they were the only two teams not signing the current franchising agreement between NASCAR and its teams.

Chartered teams receive guaranteed entries into every Cup Series race and get a bigger share of purse money.