Denny Hamlin drops a 4-word reaction to NASCAR’s potential talks of lawsuit settlement with 23XI Racing and FRM

Denny Hamlin has reacted to reports of a settlement in the antitrust lawsuit against NASCAR with a characteristic four-word message. The lawsuit filed by 23XI Racing, co-owned by Michael Jordan and Hamlin, and Front Row Motorsports, challenged NASCAR’s control over the sport’s economic structure. Recent courtroom developments have suggested that there might an end the standoff before the December trial.

After Sports Business Journal’s Adam Stern shared on X that the 23XI owners were ready for a settlement, Hamlin replied:

"Lol!! Hold my 🍺."

The cheeky remark from the 23XI Racing co-owner suggested that while Jordan might be open to talks, Denny Hamlin’s camp remained ready to fight the case through to its conclusion.

The dispute started in October 2024, when 23XI and FRM filed an antitrust lawsuit in federal court, alleging that NASCAR’s control over the charter system violated competition laws. The system, introduced in 2016, guarantees teams race entry and a share of revenue, effectively creating equity in ownership.

Denny Hamlin during the 2024 NASCAR Playoffs Media Day at Charlotte. Source: Imagn

Negotiations for renewed charters began over two years ago, but 23XI and FRM refused to sign what they described as restrictive contracts that handed NASCAR unilateral power. Since then, the case has had multiple hearings, counterclaims, and appeals, leading to a divide between teams and the sanctioning body.

Michael Jordan said that he was open to a settlement, acknowledging the toll the case has taken on the sport’s ecosystem. Yet Hamlin’s response indicates otherwise.

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NASCAR wants a judge to mediate a settlement with Denny Hamlin and Co.

NASCAR CEO Jim France (L) and Denny Hamlin on May 14, 2023, in Darlington. Source: Getty

After nearly a year of filings and injunctions, the antitrust lawsuit has reached another pivotal moment. Both sides have submitted motions for partial summary judgment, and NASCAR has requested that the court assign a judge as mediator to guide settlement discussions, scheduled for October 21. Attorney Jeffrey Kessler, representing both teams, echoed Hamlin’s stance, via AP:

"My clients are not, and never have been, seeking to eliminate the charter system. They have supported charters because teams cannot survive without them..... NASCAR’s new motion changes nothing and we look forward to presenting our case at trial on December 1"

That statement aligns with Hamlin’s view that the team’s goal was not disruption but reform. A December 1 trial date remains on the calendar, but both the sanctioning body and the court are seeking a way to prevent the matter from reaching a full jury verdict.

NASCAR has petitioned Judge Kenneth Bell to order a judicially mediated settlement conference, arguing that a sitting judge, rather than the teams’ preferred mediator, former NBA chief legal officer Jeffrey Mishkin, would carry more authority in assessing each side’s strengths and weaknesses.

However, if the case proceeds to trial, U.S. District Judge Kenneth Bell has warned that the fallout could reshape NASCAR.

"Until the jury comes back... nobody knows what ’26 is going to look like. Sponsors don’t know, drivers don’t know, broadcasters don’t know. Because if plaintiffs prevail, NASCAR is going to look very different. And that’s a lot of uncertainty for everybody," Bell said.