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In a surprising development, Michael Jordan, the iconic basketball legend and owner of the NASCAR team 23XI Racing, has announced that he has sold the team. This unexpected decision has sent ripples through both the NASCAR and sports communities, as Jordan has been a significant figure in the racing world since his team’s inception.
Jordan, who co-founded 23XI Racing with NASCAR driver Denny Hamlin in 2020, cited personal reasons for his decision to sell the team. Under his ownership, 23XI Racing quickly made a name for itself, competing at a high level and bringing increased visibility and diversity to the sport.
In his statement, Jordan explained his decision. “After much thought and consideration, I have decided to sell my ownership stake in 23XI Racing due to personal reasons. This was not an easy decision, as I am incredibly proud of what we have accomplished in such a short time. I have great respect for the sport of NASCAR and will always be a fan. I want to thank Denny Hamlin, our team members, sponsors, and, most importantly, the fans for their unwavering support. 23XI Racing will continue to thrive under its new ownership, and I look forward to watching its future successes.”
Denny Hamlin, who has been a driving force behind the team’s operations, expressed his gratitude for Jordan’s partnership and his optimism for the future. “It has been an honor to work alongside Michael and to build 23XI Racing into the competitive team it is today. His passion and commitment to the sport have been inspiring. While we will miss his presence as an owner, we are excited about the opportunities ahead and remain dedicated to achieving great success on the track.”
The announcement has prompted a wave of reactions from fans, drivers, and the NASCAR community, many of whom have expressed their appreciation for Jordan’s contributions to the sport. Jordan’s involvement brought a fresh perspective and new fans to NASCAR, enhancing the sport’s profile and appeal.
As the transition to new ownership takes place, 23XI Racing remains focused on its goals and the upcoming racing season. The team, known for its competitive spirit and dedication, is poised to continue building on the strong foundation established under Jordan’s leadership.
Michael Jordan’s departure from NASCAR ownership marks the end of a notable chapter in the sport’s history. His influence and impact will be remembered, and his legacy as a transformative figure in both basketball and racing will endure. The entire NASCAR community wishes him the best in his future endeavors and thanks him for his significant contributions to the sport.