AVONDALE, ARIZONA - MARCH 06: A general view of the NASCAR Cup Series logo during practice for the NASCAR Cup Series FanShield 500 at Phoenix Raceway on March 06, 2020 in Avondale, Arizona. (Photo by Chris Graythen/Getty Images) | Getty Images
AVONDALE, ARIZONA - MARCH 06: A general view of the NASCAR Cup Series logo during practice for the NASCAR Cup Series FanShield 500 at Phoenix Raceway on March 06, 2020 in Avondale, Arizona. (Photo by Chris Graythen/Getty Images) | Getty Images

U.S. Court of Appeals rules in favor of NASCAR UPDATE

UPDATE: A three-judge panel from the Fourth Circuit Court of Appeals vacated a preliminary injection order Thursday that had allowed 23XI Racing and Front Row Motorsports to compete as chartered teams — and receive the financial benefits as a chartered team.

“We are disappointed by today’s ruling by the Fourth Circuit Court of Appeals and are reviewing the decision to determine our next steps,” said Jeffrey Kessler, attorney for 23XI Racing and Front Row Motorsports. “This ruling is based on a very narrow consideration of whether a release of claims in the charter agreements is anti-competitive and does not impact our chances of winning at trial scheduled for December 1.

There will be no impact to the teams this weekend at Michigan International Speedway. 23XI Racing and Front Row Motorsports may file a petition for rehearing before the entire Fourth Circuit Court of Appeals within 14 calendar days. That would be June 19.

Thursday’s decision by the three judges does not go into effect until seven days after the expiration of time period for 23XI Racing and Front Row Motorsports to file a petition for rehearing. That would be June 26.

NBC Sports

ORIGINAL POST: The U.S. Court of Appeals has overturned a preliminary injunction against NASCAR that forced them to recognize 23XI Racing and Front Row Motorsports as chartered teams while the antitrust lawsuit is underway.

The teams will be allowed to request a hearing by the full Court (which they would be expected to do).