23XI Racing is an American professional auto racing organization that competes in the NASCAR Cup Series. It is owned and operated by Hall of Fame basketball player Michael Jordan, along with current Joe Gibbs Racing driver and three-time Daytona 500 winner Denny Hamlin. The team name represents a combination of Michael Jordan's No. 23 he wore during most of his NBA career and Denny Hamlin's No. 11 which he has driven his entire career in the Cup series. The organization fields the Nos. 23, 45, and 50 Toyota teams for drivers Bubba Wallace, Tyler Reddick, and three other drivers, including Kamui Kobayashi and Corey Heim. They currently have a technical alliance with JGR.

Michael Jeffrey Jordan, also known by his initials MJ, is an American businessman and former professional basketball player. He played fifteen seasons in the National Basketball Association (NBA) between 1984 and 2003, winning six NBA championships with the Chicago Bulls. He was integral in popularizing basketball and the NBA around the world in the 1980s and 1990s, becoming a global cultural icon. His profile on the NBA website states, "By acclamation, Michael Jordan is the greatest basketball player of all time."