Denny Hamlin says he is unfazed that a three-judge federal appellate panel vacated an injunction that required NASCAR to recognize 23XI, which he owns with Michael Jordan, and Front Row as chartered teams as part of an antitrust lawsuit.

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

Michael Jordan loves NASCAR. He was raised on it as a kid. But Thursday's decision by an appeals panel could impact his future as a team owner