NASCAR charters | Jayski

Wood Brothers Racing enters partnership with Archie St. Hilaire for a charter

Roush Fenway Racing sells charter to Penske

Roush Fenway Racing confirmed it has sold a charter to Penske Racing, which needed one for the addition of the No. 12 NASCAR Cup car with driver Ryan Blaney to its stable for 2018. Roush Fenway sold the charter – NASCAR's form of a franchise that guarantees a spot ...

Rick Ware Racing acquires Monster Energy NASCAR Cup Series charter for 2018

Officials from Rick Ware Racing (RWR) announced today that they have acquired a charter from a current Monster Energy NASCAR Cup Series (MENCS) team to utilize during the 2018 season...

JTG Daugherty buys charter from Furniture Row #77 team

Another key piece to 2018 that still needs to be announced is which teams will have the 36 guaranteed positions for each race. Those go to teams with NASCAR-issued charters...

Team charters currently selling for millions

Charters belonging to smaller NASCAR Cup teams have, on average, been sold or leased for between $2-3 million, according to a report by the Sports Business Journal...

NASCAR Announces 2017 Charter teams

NASCAR revealed in February 2016 a landmark new ownership structure, awarding 36 Charters that guarantee entry into every points event in the Monster Energy NASCAR Cup Series. Since then, some leasing and buying of Charters has occurred. The table below shows the Charters...

Why are teams swapping charters?

It's part of a complicated NASCAR system designed to encourage performance while also allowing teams to project revenues for a season. At the start of 2016, NASCAR issued 36 charters, giving those 36 cars a guaranteed spot in each race and a guaranteed base amount ...

Hamlin says drivers would like to see race winnings published

The introduction of the new charter system - and the subsequent restructuring and distribution of purse money and other revenue streams - caused some feverish preseason reworking of driver contracts. It also caused some hand-wringing among stars who were accustomed...

O’Donnell talks about “full fields”, race winnings

Interviewed by the Charlotte Observer, NASCAR executive vice president and chief racing development officer Steve O'Donnell talked about various issues including the size of Sprint Cup fields and why race winnings are no longer released...

Charter Performance Clause

If a chartered team finishes in the bottom three among the 36 chartered teams in the owner standings three consecutive years, NASCAR has the right to remove that charter....

Some Charter details

NASCAR provided some details about how the system would work for the four slots available to teams without charters...

NASCAR ends posting race winnings

Ending a practice of more than six decades, NASCAR has stopped disclosing winnings in Sprint Cup box scores because of its new charter system, whose financial details are emerging. NASCAR Chief Operating Officer Brent Dewar told NBC Sports the decision was made to ...

Three Charters Changes Hands

Saturday afternoon brought confirmation of the first sales of NASCAR Sprint Cup Series charters under the new ownership model announced on Tuesday in Charlotte, NC. "Charter for the #41 car (driven by Kurt Busch) has been secured," Stewart-Haas Racing asserted on its...

More info about the Charters

On Thursday NASCAR Executive Vice President and Chief Racing Development Officer Steve O'Donnell told SiriusXM NASCAR Radio that at the end of the nine-year charter term, NASCAR will review the 36 charter holders based on performance. The sanctioning body has "built...

NASCAR 2016 Procedural Changes

NASCAR FAST FACTS - 2016 Procedural Changes...

NASCAR Charter Announcement transcript page

NASCAR Charter Announcement...

NASCAR expected to announce charter system Tuesday

UPDATE: NASCAR will hold a press conference Tuesday afternoon at 1:30pm with NASCAR CEO Brian France where they are expected to announce the details on a new charter system for Sprint Cup teams. The agreement is expected to guarantee a certain number of starting spots...

Kauffman says RTA close to NASCAR agreement

Rob Kauffman has partnered with team owner Chip Ganassi Racing after pulling his resources from Michael Waltrip Racing, which closed its competition department after the 2015 NASCAR season. Kauffman arrived in NASCAR from the world of high finance and was picked by...

NASCAR, Sprint Cup teams meet on charters; sides ‘close’ to deal

NASCAR officials and Sprint Cup car owners have been meeting this week, moving closer to resolution on a new charter system intended to guarantee financial stability and security to teams. A source who was present for a meeting Friday said that no deal had been signed...

NASCAR Charter System Still In the Works

NASCAR and Sprint Cup Series team owners continue to work toward an agreement on a possible charter system. While no official word has been given on when the plan may be put into place that would afford owners equity in the series, several key players have spoken on...