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2019 - Current NASCAR Corporate and Rules News
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NASCAR Corporate and Rules News
Hamlin says drivers would like to see race winnings published
Hamlin says drivers would like to see race winnings published
April 3, 2016
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
O’Donnell talks about “full fields”, race winnings
March 25, 2016
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
Some Charter details
Some Charter details
February 15, 2016
NASCAR provided some details about how the system would work for the four slots available to teams without charters
NASCAR ends posting race winnings
NASCAR ends posting race winnings
February 14, 2016
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
More info about the Charters
More info about the Charters
February 12, 2016
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 2016 Procedural Changes
February 11, 2016
NASCAR FAST FACTS - 2016 Procedural Changes
NASCAR Charter Announcement transcript page
NASCAR Charter Announcement transcript page
February 9, 2016
NASCAR Charter Announcement
NASCAR expected to announce charter system Tuesday
NASCAR expected to announce charter system Tuesday
February 9, 2016
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
Kauffman says RTA close to NASCAR agreement
February 2, 2016
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, Sprint Cup teams meet on charters; sides ‘close’ to deal
January 30, 2016
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 Charter System Still In the Works
January 22, 2016
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
Brian France talks to MRN’s ‘NASCAR Live’
Brian France talks to MRN’s ‘NASCAR Live’
January 6, 2016
NASCAR Chairman Brian France praised the elimination-style Chase format, said he's not for retiring car numbers and reiterated the sanctioning body's stance on not taking a win away from a team that fails post-race inspection. France made the comments during his annual
NASCAR, teams closer on charter system
NASCAR, teams closer on charter system
January 4, 2016
NASCAR and Sprint Cup teams are moving closer to an agreement that would guarantee teams starting spots for all races this season, according to a report by the Sports Business Journal. "Like most things, the devil's in the details," Rob Kauffman, chairman of the Race
RTA, NASCAR nearing deal on franchising
RTA, NASCAR nearing deal on franchising
December 3, 2015
A new system that would award guaranteed spots to NASCAR race teams could be put into place by the start of 2016. NASCAR chief operations officer Brent Dewar and Race Team Alliance chairman Rob Kauffman both said Wednesday they are "cautiously optimistic" that a deal
Will the NASCAR charter program begin in 2016 as planned?
Will the NASCAR charter program begin in 2016 as planned?
November 16, 2015
As the Sprint Cup season nears an end, some team executives privately are questioning if NASCAR's charter program to provide organizations with long-term equity will begin next year as intended. One source who was heavily involved in the negotiations but not authorized
NASCAR won’t oversee burnouts
NASCAR won’t oversee burnouts
October 10, 2015
NASCAR officials are not expected to "regulate" post-race celebrations following events, calling the long, smoky burnouts done by many race winners a part of the sport today and something that fans have come to expect. "Post-race burnouts have been a part of the sport
Hendrick says Race Team Alliance, NASCAR deal could be near
Hendrick says Race Team Alliance, NASCAR deal could be near
September 9, 2015
Hendrick Motorsports founder and owner Rick Hendrick said Tuesday he's optimistic a deal can be put in place as early as late this season between NASCAR and the Race Team Alliance to create some sort of permanent value for the teams. Hendrick did not proffer any specifics
Race Team Alliance says communication with NASCAR going well
Race Team Alliance says communication with NASCAR going well
July 18, 2015
Rob Kauffman, chairman of the Race Team Alliance that became a source of intrigue and speculation after it was announced roughly a year ago, said he wants the collaboration of NASCAR owners to continue working behind the scenes as a spur for growth for the entire industry
NASCAR talking with owners about long-term equity in sport
NASCAR talking with owners about long-term equity in sport
June 29, 2015
NASCAR and team owners have had discussions on ways that teams can have more long-term value. Whether that is through franchising or NASCAR offering a select number of licenses that guarantee starting spots remains to be determined. Michael Waltrip Racing co-owner
NASCAR Implements Team Owner Charter Agreement for NASCAR Sprint Cup Series
NASCAR Implements Team Owner Charter Agreement for NASCAR Sprint Cup Series
February 9, 2015
During a historic event held today in Charlotte, N.C., NASCAR Chairman and CEO Brian France joined with NASCAR Sprint Cup Series team owners to announce a landmark long-term agreement that provides teams with increased business certainty and the ability to work more
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