23XI Racing and Front Row Motorsports are on the precipice of losing their charters mid-season in a legal loss that would cause an immediate financial hit for the two multi-car organizations.
On June 5th, the U.S. Court of Appeals ruled in favor of NASCAR, revoking the preliminary injunction that allowed 23XI and FRM to race as chartered teams while this antitrust lawsuit is ongoing. The clock is ticking and should the teams fail to overturn this ruling, both of them will lose all three of their charters by the end of June.
