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23XI Racing Announces "23XI Speed Institute"

Diversity in motorsports is an increasing priority, especially in the nation's top Stock Car Circuit. This afternoon a major initiative was announced from 23XI Racing, which is co-owned by 3x Daytona 500 Champion Denny Hamlin, and NBA Hall of Famer Michael Jordan. The specifics of the press release are included below.

Press Release - 23XI Racing

"Mooresville, NC (July 14, 2021) – Today 23XI Racing announced the creation of the SPEED (Scholarship, Professional Education, Executive Development) Institute, an initiative designed to support the team’s diversity, equity and inclusion (DEI) efforts and enhance opportunities for students and job-seekers in the motorsports field. The program will focus on scholarships, internships, professional education and executive development with 23XI Racing and its partners.

Visit SPEED Institute page. As the motorsports industry takes a fresh look at its overall diversity and inclusion efforts, the establishment of the SPEED Institute is the latest step for 23XI Racing in the team’s overall commitment to creating a race team where a diverse workforce is a priority. The SPEED Institute will allow the team and its partners to fulfill this promise as the race team continues to grow and ensure that motorsports is a welcoming environment for all. “It’s an exciting time for us at 23XI Racing to announce our SPEED Institute and continue to build on our diversity, equity and inclusion efforts in motorsports,” said Denny Hamlin, co-owner of 23XI Racing. “When we created 23XI, this was an important focus for our company and our vision for the future. We want to create an avenue for students to feel welcome in motorsports and help open doors for them, either through working with us directly or by working with our partners to find opportunities to learn and grow. We are fortunate to have a great group of partners who not only support our