NASCAR team owners boycott meeting over revenue negotiations.
NASCAR team owners boycotted a scheduled meeting with the league over stalled negotiations on a new revenue sharing and charter agreement. The charter system, which allows teams guaranteed spots in the field and money based on their historic performance, is a sticking point for team owners, who have seen the value of charters skyrocket. While teams and NASCAR have reached a point of relative satisfaction over a new revenue sharing model, the charter system model remains a crucial factor for team owners.