Front Row team owner Bob Jenkins stands near the driver meeting before the NASCAR Daytona 500 auto race at Daytona International Speedway, Sunday, Feb. 15, 2026, in Daytona Beach, Fla. (AP Photo/Nigel Cook)

CHARLOTTE, N.C. — Bob Jenkins risked his entire race team — a Daytona 500-winning team — when he refused to sign NASCAR’s revenue-sharing agreement and Front Row Motorsports joined 23XI in suing over antitrust violations.

Michael Jordan was the face of the suit settled in December, while Jenkins was the quiet team owner in the background presumed to be riding the global icon’s coattails.

“People thought Michael Jordan was bankrolling this — no, no, no. I had to pay my half,” Jenkins told The Associated Press.

Jenkins, the sole owner of Front Row, said he split the fees of the case equally with 23XI, which has three owners to divide the costs. Had NASCAR not settled the suit, both teams would have ceased operations.

“And I was OK with that,” Jenkins told The Associated Press. “It would have hurt, I risked losing three charters myself, but I would have been OK. I just felt that strongly that we had a winning case that I could risk it.”

The settlement that was reached on the ninth day of the trial made the charters — the equivalent of a franchise in other sports — evergreen and that alone doubled their value overnight to nearly $100 million each.

For Jenkins, an entrepreneur from Tennessee who owns Long John Silver’s, 400 Taco Bell franchises and about 30 KFC franchises, the settlement meant a racing organization that had been bleeding money was now secure to be passed down to his four sons. He testified during the trial that Front Row had lost approximately $100 million since it launched in the early 2000s and didn’t turn a profit a single season — even in 2021 when Michael McDowell won the Daytona 500.

The settlement now allows Jenkins to look to the future with Front Row, which has one of the youngest lineups in NASCAR and opened the 2026 season with a victory when Chandler Smith won the Truck Series race at Daytona.

The Ford team fields Cup Series cars for Noah Gragson — who at 27 is the oldest driver in the lineup — Zane Smith (26) and Todd Gilliland (25). Jenkins believes he has a budding star in Smith, who signed a contract extension last October when the fate of the team was uncertain amidst the lawsuit. Smith won a stage in last week’s Daytona 500 and finished sixth, and heads into this Sunday’s race at Atlanta Motor Speedway ranked fourth in the Cup standings.

Gilliland and Gragson are in contract years and Jenkins said he’s explicitly told both what he expects from them this season.

The two Front Row trucks are driven by Smith and Layne Riggs, who are both 23.

So the team has young drivers to develop, as well as an alliance with Team Penske. Jenkins said that partnership with Penske went soft during the lawsuit — Roger Penske signed the charter agreement presented to owners in 2024 that Front Row and 23XI refused to accept — but has amped up since the settlement.