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.