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NASCAR Teams Clash with Executives Over Charter Agreement

Race teams demand permanent charters and a larger share of media revenue as negotiations stall.

  • Denny Hamlin criticizes NASCAR's refusal to grant permanent charters despite a $7.7 billion media deal.
  • Teams want a guaranteed seat at the table and a 45% share of traditional media revenue.
  • NASCAR's latest proposal includes a seven-year charter term and allows the France family to buy charters.
  • Stewart-Haas Racing's closure highlights the financial struggles under the current system.
  • Team owners worry that smaller teams may accept NASCAR's offer, weakening their negotiating position.
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