“What Good Is Having the Moon?” – Michael Jordan’s 15 Million Worth Right-Hand Man Boycotting NASCAR Has Revealed the Manipulative Nature of the Business Model

A recent dispute within the world of NASCAR has led to an impasse between the governing body and a group of influential team owners. Moreover, this unresolved issue is causing disruptions in the business model of the renowned racing series.

Amidst this ongoing conflict, the team owners have expressed their dissatisfaction with what they perceive as an unfair distribution of revenue. Furthermore, one key figure involved in the conflict is Michael Jordan‘s $15 million worth right-hand man.

Recently, he told The Associated Press what the significance of the ongoing charter issue is.

Michael Jordan’s right-hand man reveals the manipulative nature of the business model

Curtis Polk, part owner of 23XI Racing summed up the significance of the issue regarding the charter system. He told the press, “It’s the foundation that everything else is built upon. If they gave you the moon, but they’re able to take it away from you periodically. What good is having the moon?”

Earlier, several team owners had decided to boycott a meeting with the NASCAR officials. They had apparently asked the officials to delay the talks. But NASCAR decided to hold the talks regardless of low participation.

The talks about the revenue split have been a massive issue for the teams. They believe that they do not receive enough money. This also implies that they are forced to be reliant on the money brought in from sponsors.

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Progress with NASCAR and team owner talks stalled

NASCAR and the team owners have apparently made some progress on various issues at hand. However, the charter’s disagreement has caused a major deadlock.

The charters, which are renewable and can be revoked by NASCAR, are set to expire in 2024. Race teams want permanent charters, but NASCAR seems unwilling to discuss this.

Polk also shared that despite progress on key issues, the impasse over charters remains a significant obstacle in creating a new business plan for the top racing series in the nation. Meanwhile, as this issue rages on, NASCAR has made it clear that they would continue to work towards the financial security of the teams in the sport.

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