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sports13h ago
Kevin Harvick: Despite winning in lawsuit vs. NASCAR, 23XI dealt losses along the way
- Harvick says 23XI’s victory in court didn’t erase internal uncertainty or staffing challenges during a key growth period.
- Harvick asserts 23XI may have missed hiring opportunities due to the dispute, affecting long-term growth.
- The lawsuit related to NASCAR’s charter system helped shape the sport’s ownership landscape and values.
- Denny Hamlin confirmed 23XI signed the permanent charter agreement after settlement.
- Charter values reportedly surged after becoming permanent, affecting team valuations.
- Legacy Motor Club purchased a charter for $45 million, signaling market shifts.
- Harvick’s remarks emphasize victories off the track can carry consequences for teams.
- The settlement involved NASCAR, 23XI, and Front Row Motorsports.
- Harvick’s comments were shared on his podcast, reflecting a personal perspective.
- The article notes 23XI publicly showed unity after settlement.
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