NASCAR's Steve Phelps defends charter system in Jordan lawsuit, refusing to change structure.

In testimony related to Michael Jordan's lawsuit, NASCAR chairman Steve Phelps maintained the organization's stance on team charters, refusing to change its current structure despite legal challenges. The dispute centers on the value and distribution of charters, which grant teams guaranteed playoff spots and revenue. Phelps emphasized that the charter system remains essential to NASCAR's competitive balance and financial stability, showing no willingness to alter the policy during the ongoing litigation.