Recent content by LewTheShoe

  1. LewTheShoe

    23XI statement on not signing Charter agreement

    Indeed, I wonder about that too. Traditionally, high valuations of assets that lose money or have low P/E ratios are usually driven by the expectation of future earnings growth... sorta like "betting on the come." Perhaps charter buyers expect Nascar to spread the wealth more equitably in the...
  2. LewTheShoe

    23XI statement on not signing Charter agreement

    "Gone bust" = The chartered car is no longer racing under the original team owner. Of course SHR and Ganassi are included as those owners left primarily because they couldn't earn a profit. #1, 42 Ganassi. Out of Nascar 2022. #4, 10, 14 Stewart-Haas. Downsized in 2025. #7 Baldwin. Out of Nascar...
  3. LewTheShoe

    23XI statement on not signing Charter agreement

    Nascar races bring tons of money to the tracks whether owned by Nascar, SMI, or the legacy independents such as Indy and Pocono. You are right... these tracks are not hurting financially because the cup races are gold mines for them. And Nascar owns most of them so Nascar is raking in tons of...
  4. LewTheShoe

    23XI statement on not signing Charter agreement

    NASCAR claims that the Next Gen cars are proprietary Nascar intellectual property, and they have sufficient market power to insert a clause to that effect in the charter agreement. As a practical matter, I think the main effect of it is to prevent the teams (via the RTA) from staging one or more...
  5. LewTheShoe

    Enough Is Enough Full Season Championship.

    I would expect Nascar to hold an announcement about the championship format in reserve, in case of adverse news about the 23XI/FRM lawsuit. If Nascar wants to dilute media coverage about the lawsuit, trotting out a new and better championship format would be a useful way to do that.
  6. LewTheShoe

    23XI statement on not signing Charter agreement

    My guess is that Nascar will withdraw Mr. H and The Captain as witnesses...
  7. LewTheShoe

    23XI statement on not signing Charter agreement

    Charlie, I posted from general knowledge having observed many discussions of the sancring agreements over the years. However, it is also discussed in 23XI & FRM's original fijing of the lawsuit in 2024, widely reported including...
  8. LewTheShoe

    23XI statement on not signing Charter agreement

    @Blaze is wrong, I believe. I am almost 100% certain that Nascar's sanction agreement includes a clause that the host track cannot also host a non-Nascar stock car race in the same year, unless Nascar grants special permission to do so. This contractual prohibition is relevant to the lawsuit in...
  9. LewTheShoe

    Cup RACE thread --- Phoenix

    I can attest from personal experience that the races you lose by your own mistakes are the ones that haunt you for a long, long time. When circumstances beyond your control crop up and steal a well-deserved victory... those are the ones that fade away over time. Everybody loses races that way...
  10. LewTheShoe

    23XI statement on not signing Charter agreement

    Yikes, those careless boys over at NASCAR have estopped themselves, which led directly to the judge ruling in favor of 23XI & FRM that the relevant market is "premier stock car racing." Matt Weaver's article at Motorsport.com on Judge Bell's decisions issued Tuesday is the best review I've seen...
  11. LewTheShoe

    NASCAR Pick 'Em 2025 - Phoenix

    Oh. My. God. The agony of defeat rears its ugly head once again. I am cursed in the NASCAR Pick 'Em game. After years of toil, I was finally positioned to score an average finish of less than 15.00... until my driver William Byron blows a tire with two laps to go... and finishes P33. My season...
  12. LewTheShoe

    NASCAR Pick 'Em 2025 - Phoenix

    From the "Hope Springs Eternal" Department... It's good to see that I own the tiebreaker versus @kkfan91. If he adds another Top 5 finish, we won't be tied on points. LOL. On the other hand, "Hope is not a strategy" is one of my favorite phrases. He is still 31 points ahead of me, so there...
  13. LewTheShoe

    23XI statement on not signing Charter agreement

    I don't agree that Kauffman had "the most to gain." His team earned two charters. Hendrick earned four. Multiple teams earned three. They gained more than Kauffman. Arguably, the pure back-marker teams gained the most per charter... because more of the payout was a flat amount per car rather...
  14. LewTheShoe

    23XI statement on not signing Charter agreement

    Rob Kauffman was the major force in the creation of the charter system. It was his vision and his leadership. Same as the RTA, also his vision and leadership that brought that about. From Nascar's perspective, the charter system was revenue-neutral and expense-neutral. It improved the economic...
  15. LewTheShoe

    23XI statement on not signing Charter agreement

    LOL. Yes, you have offered a long series of novel interpretations and fanciful analyses of every aspect of the case. Please forgive me for looking elsewhere for fact-based and logical explanations of what's going on. You are too biased by your personal hatred for MJ, Hamlin, and their drivers...
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