Owners: Denny Hamlin, Michael Jordan announce trading of their team 23XI Racing due to issue concerning,….

Jordan is as involved in the fourth-year race team as he has ever been, having attended about ten races last year, giving his drivers pep talks on pit road, and having regular contact with team officials and personnel. Jordan sold his majority share in the Charlotte Hornets last year.

According to Hamlin, the active driver who serves as the investment group’s primary day-to-day team manager, Jordan, a fellow co-owner who helped make the No. 23 jersey famous in the NBA, is aware of who “come and say hello to some of the people who write big checks to us each and every year.” Jordan Brand is one of the main partners, along with Toyota, McDonald’s, Xfinity, Monster Energy, and others.

Michael has a remarkable ability to be evasive at times, yet when

Hamlin and Jordan created a five-year plan when the team was established in 2020 with the goal of making 23XI a championship contender. As of now, a few months into the 2024 season, 23XI executives state that the effort is basically on schedule.

“Denny outlines a five-year plan to establish this team and become a consistent race-winner by Year Five.”