A United States appeals court on Thursday vacated a preliminary injunction that allowed Michael Jordan's 23XI Racing and another NASCAR team to be treated as chartered teams, putting the teams' futures in NASCAR in question.

During the May hearing, judges had warned the teams their claim came across as “having your cake and eating it, too.”

Michael Jordan's 23XI Racing team has been dealt a huge blow after a ruling was made on Thursday that overturned the decision that allowed the team to race as a chartered entry in the 2025 NASCAR Cup