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NASCAR Grants Permanent Charters, Boosts Team Values by 100%

12/15/2025

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Story summary
  • NASCAR's settlement with 23XI Racing and Front Row Motorsports leads to permanent charters for all 15 Cup Series teams, eliminating the seven-year limit.
  • Jeffrey Kessler announced the change.
  • Charter values could rise nearly 100% and exceed $150 million.
  • Dale Earnhardt Jr. said permanent charters will create a substantial barrier to entry and alter NASCAR's competitive landscape.