All articles tagged with #charters
A federal judge denied a preliminary injunction request from 23XI Racing and Front Row Motorsports against NASCAR, allowing the sanctioning body to issue up to four additional charters and maintain the current status quo until their trial in December, which could impact the teams' ownership rights and the 2026 season structure.
A federal court ruled that NASCAR can sell new charters to other teams, allowing up to 40 in circulation, while denying an injunction that would have restored the de facto chartered status of 23XI Racing and Front Row Motorsports, leaving their ownership in limbo until after a trial.
NASCAR has agreed to hold six charters in reserve for 2024, including those linked to 23XI Racing and Front Row Motorsports, if they win their federal antitrust lawsuit against NASCAR. The teams are challenging NASCAR's decision to forfeit their charters after they declined to sign extension agreements, and a court ruling is expected next week that could impact the future of these charters and NASCAR's system. The lawsuit's outcome may lead to significant changes in NASCAR's business operations and charter system.
Denny Hamlin and 23XI Racing are facing a lawsuit from NASCAR over the loss of their charters, with Hamlin promising that all details will be revealed at the December 1 trial. The courts denied a temporary restraining order, and the affected cars are racing as open entries. Hamlin remains defiant, emphasizing that the lawsuit is a priority and dismissing any regrets about their stance against the Charter Agreement.
23XI Racing and Front Row Motorsports lost their NASCAR charters after a court ruling and will compete as open teams at Dover, risking financial and competitive disadvantages, though their participation in the championship remains unaffected.
Front Row Motorsports is expanding to three full-time NASCAR Cup Series teams in 2025 by acquiring a third charter, likely from the soon-to-be-defunct Stewart-Haas Racing. The team aims to build competitive programs and is in the process of finalizing its driver lineup, with Michael McDowell leaving and Todd Gilliland likely to extend his contract.