AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

Denny Hamlin explains the scope of Michael Jordan’s investment in NASCAR’s 23XI Racing.

Carl Smith by Carl Smith
April 10, 2024
in Motorsports
Reading Time: 2 mins read
0
Denny Hamlin explica o alcance do investimento de Michael Jordan na 23XI Racing da NASCAR.

Denny Hamlin has been receiving a lot of attention lately due to his criticisms of the distribution of earnings between track owners and team owners. Hamlin, along with Michael Jordan, is involved in a dispute with Marcus Smith of SMI. The two have been exchanging heated comments on X, leading to a stalemate. Hamlin expressed his frustration and revealed the significant amount of money invested in the 23XI project, which he co-owns with Jordan.

The conflict between Hamlin and Smith began when Hamlin posted on his X account, highlighting the poor condition of the Sonoma track and criticizing Smith for unsatisfactory maintenance. This initial complaint turned into a fierce dispute between the two. In a podcast, Hamlin explained the immense dedication he has put into the sport and criticized companies like SMI for not fulfilling their responsibilities and reinvesting an adequate amount compared to their earnings.

As a co-owner of 23XI, Hamlin stated that he has invested more in NASCAR over four years than Speedway Motorsports Inc. has in the past ten years. He expressed frustration that track owners receive twice the amount that team owners do during a race weekend. This disparity angered Hamlin, and he called on NASCAR to intervene to regulate the situation before it escalates.

In a recent interview, another team owner and driver, co-owner of RFK Racing, discussed how reducing practices has not effectively reduced operational costs. He suggested increasing the number of practices without changing the format. However, Hamlin disagreed with his colleague’s ideas and urged NASCAR to stay away from them.

Hamlin, who is both a driver for Joe Gibbs Racing and co-owner of 23XI, criticized Keselowski’s ability to lead a team. He stated that Keselowski seems to lack experience in leading a team and lacks knowledge in managing finances within a racing corporation.

Despite these statements and criticisms, there is currently no indication of a change in the format. However, with the increasing pressure from Hamlin, a review of revenue sharing may be considered for team owners in the future.

Share212Tweet133Send

Related Posts

Motorsports

Max Verstappen reveals potential in Red Bull, but admits: ‘we can’t compete now

Getty Images / Red Bull Content Pool

by Harry Bright
March 12, 2026
Motorsports

Daniel Ricciardo reveals fear of chaotic return to racing after emotional F1 exit

Daniel Ricciardo's Heartfelt Confession: The Terrifying Reality of Returning to F1 In a shocking revelation that has sent ripples through...

by Carl Harrison
March 12, 2026
Motorsports

Carlos Sainz issues dramatic F1 safety warning: ‘big crash’ imminent without action

F1 DRIVERS SOUND ALARM: A CATASTROPHIC CRASH LOOMS IF SAFETY MEASURES ARE NOT ENFORCED! The adrenaline-fueled world of Formula 1...

by Carl Smith
March 12, 2026
Motorsports

George Russell exposes ‘selfish’ teams blocking vital energy rule change in Formula 1

Title: Tension on the Grid: George Russell Exposes 'Selfish' Teams Thwarting Crucial Energy Rule Changes! In the high-octane world of...

by Simon Monroy
March 12, 2026

Recent News

Max Verstappen reveals potential in Red Bull, but admits: ‘we can’t compete now

March 12, 2026

Daniel Ricciardo reveals fear of chaotic return to racing after emotional F1 exit

March 12, 2026

Carlos Sainz issues dramatic F1 safety warning: ‘big crash’ imminent without action

March 12, 2026

George Russell exposes ‘selfish’ teams blocking vital energy rule change in Formula 1

March 12, 2026

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.