NASCAR's charter system was introduced in 2016 to allow guaranteed starting spots for teams. This essentially turned the system into a franchise-like model with huge resale valuations.
Daily Express US on MSN
Explaining NASCAR's ownership charter system as two teams finally end legal dispute
The end of Legacy Motor Club and Rick Ware Racing's long-running legal dispute has raised the question of how exactly NASCAR's charter system operates.
Paper trail reveals 23XI Racing escrow agreement and $28M payout to SHR, sparking legal drama ahead of major NASCAR trial.
Stringr on MSN
NASCAR Teams Settle $45M Charter Sale Dispute
Legacy Motor Club and Rick Ware Racing resolve $45M NASCAR charter sale conflict amicably with a joint dismissal and $5M bond ...
Kyle Busch hosts a KBM garage sale in Mooresville, offering rare race gear and merchandise to fans and collectors. Don’t miss ...
CHARLOTTE, N.C. (AP) — Michael Jordan stood on the steps outside a federal courthouse and acknowledged he was willing to settle an antitrust suit against NASCAR. The judge hearing the case months ago ...
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