23XI Racing Acquires Third Charter

23XI Racing has expanded its operations by acquiring a third charter from the now-defunct Stewart-Haas Racing. This charter, associated with the No. 35 car, will be driven by Riley Herbst. The acquisition marks a strategic move for 23XI Racing, which was co-founded by NBA legend Michael Jordan and driver Denny Hamlin. The addition of a third charter is expected to enhance the team's competitive edge in the NASCAR Cup Series, allowing for greater flexibility in driver lineups and race strategies. With the NASCAR landscape continually evolving, securing this charter positions 23XI Racing to capitalize on future opportunities and challenges within the sport. The No. 35 car has a history within the series, and its integration into 23XI Racing's fleet signifies a commitment to growth and performance improvement. This move also reflects the ongoing trend of teams seeking to bolster their presence in the highly competitive NASCAR environment, where charters have become a valuable asset for operational stability and success.