by Cedric ‘BIG CED’ Thornton
Being a billionaire allows the joy of making purchases small countries can’t afford, and Michael Jordan proves that with his latest buy. Reportedly the NBA Hall of Famer has copped himself a $65 million private jet.
@seanpalmbeach Michael Jordan’s brand new jet is a Gulfstream G650ER, registered 01OCT24 #goat #pj #michaeljordan #fyp ♬ M83 Solitude – Grace
Jordan can definitely afford the aircraft but has recently filed an antitrust lawsuit against NASCAR. He, along with another car owner, Front Row Motorsports, are suing the sports organization and CEO Jim France, stating that it has used anti-competitive practices to prevent fair competition in the sport. According to CNBC, the lawsuit alleges that NASCAR and France operate without transparency and in such a way that it doesn’t benefit team owners, drivers, sponsors, partners, and fans.
23XI Racing and Front Row Motorsports take issue with NASCAR controlling all aspects of the business, including buying the racetracks that are exclusive to its races and allegedly making teams buy their supplies from single-source suppliers chosen by NASCAR. Another point of contention is not allowing teams to participate in other stock car races.
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Source: Black Enterprise
