NASCAR faces escalating tensions with team owners over expiring charter agreements, crucial for race entries and financial benefits.
NASCAR faces escalating tensions with team owners over charter agreements, vital for race entries and financial benefits, which expire at year's end. Negotiations have stalled for over two years, with team owner Denny Hamlin accusing NASCAR of delaying talks to pressure smaller teams into unfavorable deals. Teams refuse to grant branding rights without a charter agreement, while NASCAR restricts their promotional use. The outcome remains uncertain as the deadline approaches.
September 06, 2024
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