23XI statement on not signing Charter agreement

wi_racefan said:
Charter money is guaranteed. You get more for better performance, but if you finish dead last you still get paid out. Bottom line is they bring in more than enough to run, but its an arms race that they choose to spend more on.

If a single entity runs all the teams the arms race is gone.
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If a single entity (NASCAR) owns and runs all the teams, yeah the arms race is gone, but so is the sport of stock car racing... to be replaced by a traveling exhibition/ theatrical production similar to Disney On Ice or the Barnum & Bailey Circus. You may be excited at the prospect of a grid filled by Rick Ware Racing look-a-likes, but I shudder at the thought.

wi_racefan said:
Just like Marcus Smith said way back in negotiations. Something along the lines of "If you want more money don't spend $20 million a year putting a race car one the track"
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I can't believe these are serious comments from an actual fan of stock car racing. Anyone who has been around the sport awhile, such as yourself, knows that once a Real Racer learns how to make speed, it is a lesson that can never be un-learned.

I genuinely admire and respect the competitive drive of Rick Hendrick and Roger Penske and Joe Gibbs and the others. The passion to win. The unending search for excellence. The "leave no stone un-turned" commitment to find a way.... These are the attributes that make it a sport, that differentiate Nascar from a mere travelling show such as Disney On Ice or the Harlem Globetrotters. So be careful what you wish for... because what you wish for is the end of major league stock car racing as a sport.
 
Carl Long apparently wants to buy a charter if one becomes available. Joe Gibbs walked the tightrope with his letter. He also wants permanent charters of course like the fellow Toyota 23XI teams want. Two open team letters, Long and BJ Mcleod were interesting to put in the mix. Nobody wanted to get rid of the charters. Penske mentioned his Indycar series had them.
 
Pretty much same info as above just formatted differently. Permanent charters folks. As Charlie & I have said before, THAT is the primary goal.

sports.yahoo.com

Complete statements from ten NASCAR team owners defending charter system

In various statements provided as part of a Friday filing, ten NASCAR Cup Series team owners spoke about the impact of the charter system and the uncertainly created by this ongoing lawsuit
sports.yahoo.com sports.yahoo.com

 
I think there is a pathway to NASCAR making the Charter system more permanent, but that time is not now. They made their new Charter Agreement language reflect what they were willing and able to do at that time, and it runs for 7 years. I think these statements make a clear statement. The owners who signed it realized they had reached the maximum agreement possible, one that significantly increased revenue. While they wanted permanent Charters, they understood the risk of not signing outweighed the benefits of moving forward with the charter system and greater revenues. There may come a time when the France family and NASCAR develop a methodology for charters to become more a permanent asset for those possessing them verses an authorized lease agreement. Economic and business conditions may change, for better or worse.

Jordan pushed for the teams to rebel and join his mega suit. He wants it all. Break up the NASCAR system, turn it into franchises, and obtain multiple millions in team wealth by sucking it away from the family and private business who built the sport from the dirt. Their summary judgement request is comical. Trying to isolate NASCAR from all other forms of racing because….they are “stock” cars? LMAO. Kessler is trying to set the table, but it’s a hell of a reach.
 
Conover said:
I think there is a pathway to NASCAR making the Charter system more permanent, but that time is not now. They made their new Charter Agreement language reflect what they were willing and able to do at that time, and it runs for 7 years. I think these statements make a clear statement. The owners who signed it realized they had reached the maximum agreement possible, one that significantly increased revenue. While they wanted permanent Charters, they understood the risk of not signing outweighed the benefits of moving forward with the charter system and greater revenues. There may come a time when the France family and NASCAR develop a methodology for charters to become more a permanent asset for those possessing them verses an authorized lease agreement. Economic and business conditions may change, for better or worse.

Jordan pushed for the teams to rebel and join his mega suit. He wants it all. Break up the NASCAR system, turn it into franchises, and obtain multiple millions in team wealth by sucking it away from the family and private business who built the sport from the dirt. Their summary judgement request is comical. Trying to isolate NASCAR from all other forms of racing because….they are “stock” cars? LMAO. Kessler is trying to set the table, but it’s a hell of a reach.
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23XI's claim, Nascar is a monopoly. Kezelowski's letter said he competed full time in Tony Stewart's SRX series and Nascar didn't prohibit him doing so. The owners spoke about keeping Nascar intact. Don't touch the charters system judge, we like it.

Apparently because one of the officials said Nascar would be happy to exist without the charter system 23XI's lawyers seized on that statement.
Here is keep your mouth shut Hambone's comment.
 
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