Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News

NASCAR Teams And League Clash Over Charter System

Denny Hamlin climbs out of his car during qualifications for the NASCAR Cup Series auto race at Indianapolis Motor Speedway, Saturday, July 20, 2024, in Indianapolis. (AP Photo/Darron Cummings,

After Tyler Reddick clinched NASCAR's regular-season championship by a narrow 1-point victory over Kyle Larson, a peculiar incident unfolded during the trophy presentation. Reddick, accompanied by team co-owner Michael Jordan and others, found no NASCAR executive present to hand over the trophy, leaving a sense of disappointment among the team members.

The backdrop to this incident is the ongoing feud between NASCAR and its teams regarding the extension of the franchise system, which has been a contentious issue for years. The teams are seeking a larger share of the revenue, a say in negotiations, and permanency for charters that guarantee race entry and a portion of the purse.

The teams have found every proposal from NASCAR unacceptable, with tensions escalating as negotiations continue. The latest proposal from NASCAR included an anti-disparagement clause, indicating the complexity of the discussions.

Currently, there are 36 charters in NASCAR for a 40-car field in the Cup Series, with four charters reserved for a potential new manufacturer. The existing charters are set to expire at the end of the year, adding urgency to the negotiations.

Absence of NASCAR executive during trophy presentation leads to disappointment.
Tyler Reddick wins NASCAR regular-season championship by 1 point over Kyle Larson.
Teams demand larger revenue share, negotiation rights, and charter permanency.
Ongoing feud escalates as NASCAR and teams clash over franchise system extension.

Denny Hamlin, a prominent figure in the dispute, expressed concerns about the lack of progress in negotiations and the need for both sides to find common ground. The teams are pushing back against NASCAR's terms, highlighting the divide between the two parties.

The uncertainty surrounding the future of charters beyond this year raises questions about the sport's direction. Hamlin emphasized the teams' contributions to the sport's success and called for a more collaborative approach to ensure its growth and sustainability.

As the negotiations continue and the deadline for charter agreements approaches, the standoff between NASCAR and its teams underscores the challenges facing the sport as it navigates a critical juncture in its evolution.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.