Recent content by Charlie Spencer

Same way other leagues approve ownership sales without being the actual owner. "Here's a charter, it's yours but in the fine print it says we get to approve any sales." Also, charge a transfer fee or a percentage of the sale, something NASCAR should have been doing all along.

Cool of Jr. to fund that for JRM's top driver.

I think those are manual start. Stick a crank in the side of the shed and turn it a few times. Those babies should fire right up.

Your credit card fees at work.

I haven't read Prime's terms and conditions but I'll bet a big chunk that you don't 'buy' movies. You pay for the access to view them, revocable at any time with no notice. As a former network admin, I've read many others. Almost all of them guarantee you nothing in exchange for your money...

I'd feel the same way if I saw any advantage to NASCAR retaining the charters. The only right NASCAR needs to give the charter holders is the right to a starting position. :cheers:

Just because it currently is tied to it doesn't mean it has to be. The charter system is less than ten years old. Moses didn't bring it down off the mountain engraved on two stone tablets. Separating the payout system from the guaranteed starts is a paperwork exercise with no effect on...

That doesn't have to be tied to the charters and the guaranteed place on the starting grid. NASCAR defines how much the unchartered teams get from the race purse, TV rights, bonus money, sponsor contingencies, etc. There's no reason it can't do the same with the chartered teams independent of...

The charters weren't purchased from NASCAR. Those still holding the charters NASCAR distributed paid nothing for them. Those who purchased charters from the original holders were purchasing an agreement with NASCAR, one with a defined expiration date.

Yeah, I suspected that is at least part of it. But if a primary reason for NASCAR to keep the charters is to force the teams to sign contracts periodically, what's the value in that? "We have a contract so you'll keep signing contracts"? NASCAR doesn't charge the teams to renew, and the teams...

Nope. The station has retracted the story. https://fox17.com/news/local/nashville-mayors-office-states-no-current-plans-for-fairgrounds-speedway-announcement Having never seen NASCAR race here, this is another case of me not knowing why this is worth the trouble. There's a new track just...

I'm not sure how that's relevant, unless the cut changes based on who's buying and selling. If it's the same percentage or same fixed amount for each transaction, I don't know what the problem would be.

The first version of the contract covered that with the minimum performance standards. Running at the bottom consistently would (theoretically) result in having your charter revoked. NASCAR can retain approval of charter transfer if the charters are in the teams' hands. The charters don't...

You don't have a TV in the bathroom?

If not, NASCAR missed an obvious opportunity. But this could have been implemented without requiring the charters to expire periodically.