23XI statement on not signing Charter agreement

Multi millions should cover it. The charters are already sold. Waiting on approval by Nascar. Probably might be why Smoke isn't happy. He can see the money, but he can't spend it.
Well, if they don't get the injunction they haven't sold crap. I guess it may even be possible that a judge would grant an injunction for the existing charters but not for the purchase of any new ones?

We should know more soon

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My wild guess is if they get the injunction it will be quick. If not it will take awhile for a verdict.
 
Sounds like they have changed their minds about saying they will race on if they don't have charters next year.
 
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Sounds like they have changed their minds about saying they will race on if they don't have charters next year.
Their drivers might have an out, but where are they going to go? There was zero chatter around Bubba being a free agent, Noah went to FRM because he lost his ride, I don't see Todd going anywhere besides maybe a 3rd RFK car but it sound like Preece is front runner for that.

Tyler is the only one, but what competitive team has room for him?

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Their drivers might have an out, but where are they going to go? There was zero chatter around Bubba being a free agent, Noah went to FRM because he lost his ride, I don't see Todd going anywhere besides maybe a 3rd RFK car but it sound like Preece is front runner for that.

Tyler is the only one, but what competitive team has room for him?

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I doubt a judge will know that. It's part of the hardship, we will lose everything judge if you don't give us back out charters. Nascar says you will get them back plus damages if you win.
 
See: Penske, Gene Haas, Rick Hendrick, Trackhouse
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For the stick and ballers
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See: Penske, Gene Haas, Rick Hendrick, Trackhouse
Ganassi, Andretti, RLL, etc. run in multiple series.

Some Cup teams compete in Xfinity and Trucks. There's little overlap between those three platforms.

Plenty of stck-and-ball players are golfers with single-digit handicaps.

I'm no lawyer but I don’t see much merit in this individual point.
 
They did zero for the development for stock cars. Nascar gave them a car to race. That was an earlier argument he made that they're forced purchase everything from Nascar.

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Gave? You might want to check on that. Teams purchase cars & parts that are not allowed to be used/sold for any purpose other than Cup racing. Sure seems like a monopoly to me. I wonder, when teams purchase cars/parts from the "outside vendors", does NASCAR get a cut of that? From my perspective, NASCAR has their grubby fingers in everyone's pockets.

There is a reason they just gave a certain person air time during the race.
 
Gave? You might want to check on that. Teams purchase cars & parts that are not allowed to be used/sold for any purpose other than Cup racing. Sure seems like a monopoly to me. I wonder, when teams purchase cars/parts from the "outside vendors", does NASCAR get a cut of that? From my perspective, NASCAR has their grubby fingers in everyone's pockets.

There is a reason they just gave a certain person air time during the race.
The teams wanted nascar to develop and present the car to them to "Save us from ourselves".

So what again has 23XI or FRM developed for the new car?

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This is a tough week for 23XI. The court case and now all the fines and suspensions. Plenty of distractions, we'll see what they're made of

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You do you, Brother.

Me, I've never been excited by having a brand's logo on something they aren't selling, especially something that's not representative of what they actually are selling. It's like watching a winning driver sipping an exclusive Coca-Cola-branded 5-year-old bourbon in Victory Circle, knowing it has no connection to what I buy in Circle K. Nothing to be loyal to there; it's just a marketing tool.

Note that this is not a criticism specifically of Toyota, or Ford or Chevy. More power to them. Being in NASCAR obviously does some good for their sales but it isn't going to move me to purchase. I'll never be loyal to a car brand or even a model. Too much changes between my rare auto purchases for me to depend on continuity of quality across product lines. I'll do the research every time, regardless of what's already in the garage.

Rev's fandom always fascinates me. I just never, ever had any sort of fandom or preference to manufactures in NASCAR. Chevy? Ford? Toyota? Don't care. Always just cared about the driver.

Which, there's nothing wrong with either. I just can't relate to manufacture fandom whatsoever. In my mind it's just so irrelevant. My own bias of course.

Being a fanatic is cool. I love that guy.
 
Rev's fandom always fascinates me. I just never, ever had any sort of fandom or preference to manufactures in NASCAR. Chevy? Ford? Toyota? Don't care. Always just cared about the driver.

Which, there's nothing wrong with either. I just can't relate to manufacture fandom whatsoever. In my mind it's just so irrelevant. My own bias of course.

Being a fanatic is cool. I love that guy.
Drivers and teams come and go, but "my" car make has always been there. If that's not your thing, that's fine, but I totally get where Rev is coming from. The only thing I don't agree with him about is his blind loyalty. If "my" manufacturer screws the pooch, I'll be the FIRST guy to call them out. (I am Totally not cool with whatever Chevy's involvement in the Martinsville fiasco was). NASCAR fandom was built on manufacturer fandom as much as anything. That's why Richard Howard was willing to give Junior Johnson a wheelbarrow full of money to build a competitive Chevy in 1971 because he wanted to sell tickets to all those GM fans that were on the outside looking in. It's STILL why NASCAR wants another manufacturer.
 
NASCAR fandom was built on manufacturer fandom as much as anything.
I can understand having that attitude back in the day. Now the race cars have almost nothing in common with what's at the dealership, and far more in common with the competing brands on the track. Since I've became a fan in '95, there's been little on the track to build a relationship on, and it becomes less with every generation of car. That doesn't keep me from enjoying the races, but it doesn't give me reason to care about whose label is on the car. I feel the same way about Indy and F1.

It's not like I would be buying a performance car anyway, or anyone else. The majority of sales from NASCAR manufacturers are trucks and SUV. I don't get trying to build brand loyalty with a platform that few want to buy.
 
When I started watching nascar back in the early 90s I literally pulled for any chevy.

These days I'll admit I'm a GM person (as in that's all I'll buy), but almost all the drivers I pull for drive Ford. Lajoie was one of the last chevy guys and now he's even over in a blue oval.

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Drivers and teams come and go, but "my" car make has always been there. If that's not your thing, that's fine, but I totally get where Rev is coming from. The only thing I don't agree with him about is his blind loyalty. If "my" manufacturer screws the pooch, I'll be the FIRST guy to call them out. (I am Totally not cool with whatever Chevy's involvement in the Martinsville fiasco was). NASCAR fandom was built on manufacturer fandom as much as anything. That's why Richard Howard was willing to give Junior Johnson a wheelbarrow full of money to build a competitive Chevy in 1971 because he wanted to sell tickets to all those GM fans that were on the outside looking in. It's STILL why NASCAR wants another manufacturer.

The manufacturer started losing relevance for me in the late 80’s. All I see today are cars that are pretty much spec so I can’t find a reason to be invested. It’s certainly different from rivalries between Dale & Bill or Dale & Rusty.
 
I can understand having that attitude back in the day. Now the race cars have almost nothing in common with what's at the dealership, and far more in common with the competing brands on the track. Since I've became a fan in '95, there's been little on the track to build a relationship on, and it becomes less with every generation of car. That doesn't keep me from enjoying the races, but it doesn't give me reason to care about whose label is on the car. I feel the same way about Indy and F1.

It's not like I would be buying a performance car anyway, or anyone else. The majority of sales from NASCAR manufacturers are trucks and SUV. I don't get trying to build brand loyalty with a platform that few want to buy.
I respect this post, and it is well said. I won't say that I disagree because based on your context I don't. However, my take on this is that a race car is an expression of an OEM's brand and culture. For me, the cornerstones of TRD are the same as Toyota. So, whether I am driving my 4 Runner---while it has nothing to do mechanically with the NASCAR Camry--the culture that went into its build and design is the same as what goes into a NASCAR Camry. Having said all of that, TRD/Toyota has always been set up differently than the other OEMs, so we may not be comparing apples to oranges.
 
Rev's fandom always fascinates me. I just never, ever had any sort of fandom or preference to manufactures in NASCAR. Chevy? Ford? Toyota? Don't care. Always just cared about the driver.

Which, there's nothing wrong with either. I just can't relate to manufacture fandom whatsoever. In my mind it's just so irrelevant. My own bias of course.

Being a fanatic is cool. I love that guy.
Thanks man. I get that I am a lot different in my approach. When WE came to NASCAR, I was jacked because I wanted to be part of that manufacturer loyalty....I love the Ford v. Chevy thing. Sometimes I surprise myself with the intensity of my loyalty, but it's all so fun for me. I know that people have their issues with this sport, but I am jumping on a plane in a few hours, and I am more excited than I have ever been to get to the track. I mean, like completely over the top out of my mind excited. This is my happy place. What makes it even more fun for me is that I can be driver specific this weekend. Usually, I just want a Toyota to win. This weekend, it's Tyler, and only Tyler. Instead of my usual Toyota/TRD gear, I get a chance to don my 23XI stuff and be both driver and manufacture specific. Best of all worlds! I simply cannot wait to get to the garage tomorrow to watch them work on the 45. That is my happiest place. The cars. The crews. The TRD engineers. Doing their thing. Damn. So blessed to have found this sport, and to be able to go.
 
Drivers and teams come and go, but "my" car make has always been there. If that's not your thing, that's fine, but I totally get where Rev is coming from. The only thing I don't agree with him about is his blind loyalty. If "my" manufacturer screws the pooch, I'll be the FIRST guy to call them out. (I am Totally not cool with whatever Chevy's involvement in the Martinsville fiasco was). NASCAR fandom was built on manufacturer fandom as much as anything. That's why Richard Howard was willing to give Junior Johnson a wheelbarrow full of money to build a competitive Chevy in 1971 because he wanted to sell tickets to all those GM fans that were on the outside looking in. It's STILL why NASCAR wants another manufacturer.
I gotcha man, but it is important to note that I 100% don't think that Bell had any right to be in the Championship 4. The bull**** had nothing to do with it. The 20 did not execute, and they didn't need to do much. I will agree that most of my stuff is so biased, but I have a rare nugget of sanity from time to time. I think I was also pretty objective when TRD **** the bed with Denny's motor, and cost him dearly. I am growing. :)
 
Yes really! What money did either of those teams have into the development of this car? Now they've dumped a fortune into dissecting the parts and pieces they've been given, but no one made them do that.

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Thanks man. I get that I am a lot different in my approach. When WE came to NASCAR, I was jacked because I wanted to be part of that manufacturer loyalty....I love the Ford v. Chevy thing. Sometimes I surprise myself with the intensity of my loyalty, but it's all so fun for me. I know that people have their issues with this sport, but I am jumping on a plane in a few hours, and I am more excited than I have ever been to get to the track. I mean, like completely over the top out of my mind excited. This is my happy place. What makes it even more fun for me is that I can be driver specific this weekend. Usually, I just want a Toyota to win. This weekend, it's Tyler, and only Tyler. Instead of my usual Toyota/TRD gear, I get a chance to don my 23XI stuff and be both driver and manufacture specific. Best of all worlds! I simply cannot wait to get to the garage tomorrow to watch them work on the 45. That is my happiest place. The cars. The crews. The TRD engineers. Doing their thing. Damn. So blessed to have found this sport, and to be able to go.

There are all sorts of NASCAR fans and there is room under the tent for us all. The type of fan you are is a personal choice. I’ll admit I don’t understand your fandom but it doesn’t make your choice any less valid than anyone else’s.
 
Yes really! What money did either of those teams have into the development of this car? Now they've dumped a fortune into dissecting the parts and pieces they've been given, but no one made them do that.

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There's a big difference between the development of the design and construction processes required for an all new car and the development of the completed platform for competitive racing purposes.

NASCAR (with RTA input) and Dallara were responsible for the first. The race teams, with engineering assistance from their individual manufacturers, for the second, which continues as we speak.

Both processes were / are very expensive.
 
There's a big difference between the development of the design and construction processes required for an all new car and the development of the completed platform for competitive racing purposes.

NASCAR (with RTA input) and Dallara were responsible for the first. The race teams, with engineering assistance from their individual manufacturers, for the second, which continues as we speak.

Both processes were / are very expensive.
We've been around and round on this car nonsense forever. Many of the larger teams manufacture parts for the car. it was a joint effort. Again joint effort and it continues today. It is common practice in manufacturing to have "rights" on designs and processes. It is Nascar's car. It is built to race in the Nascar series. F-1 cars are built to race in the F-1 series. This is common industry practice to build the damn car a certain way to race in a racing series. Uh duh. What's next anti trust on banderelo's
 
It's not like I would be buying a performance car anyway, or anyone else. The majority of sales from NASCAR manufacturers are trucks and SUV. I don't get trying to build brand loyalty with a platform that few want to buy.
This is a great point and is exactly why the next generation of bodies are going to be crossovers like the electric prototype they unveiled earlier this year.
 
We've been around and round on this car nonsense forever. Many of the larger teams manufacture parts for the car. it was a joint effort. Again joint effort and it continues today. It is common practice in manufacturing to have "rights" on designs and processes. It is Nascar's car. It is built to race in the Nascar series. F-1 cars are built to race in the F-1 series. This is common industry practice to build the damn car a certain way to race in a racing series. Uh duh. What's next anti trust on banderelo's

Cars designed and built by F1 teams are not in any way owned by the series. The series sets regulations, the teams build cars to suit them. The intellectual rights to the designs are held by the teams.

That used to be true of NASCAR as well. We could talk about other series and it's true of them too, but it's not particularly relevant, because no other racing series has billions of dollars of rights money to fight over.

Then NASCAR attempted to create a new paradigm with the NextGen. There were many reasons, including ones that were ostensibly supposed to benefit the teams. The question of whether this structure is anticompetitive has not been legally tested or resolved.
 
Cars designed and built by F1 teams are not in any way owned by the series. The series sets regulations, the teams build cars to suit them. The intellectual rights to the designs are held by the teams.

That used to be true of NASCAR as well. We could talk about other series and it's true of them too, but it's not particularly relevant, because no other racing series has billions of dollars of rights money to fight over.

Then NASCAR attempted to create a new paradigm with the NextGen. There were many reasons, including ones that were ostensibly supposed to benefit the teams. The question of whether this structure is anticompetitive has not been legally tested or resolved.
Nonsense. The car was built to specs. That if you remember was done while they were under the last charter agreement and guess who went along with it. Now all of a sudden it isn't competitive in the series? These clowns want to go back to the old way that was running teams out of business financially because only the big money teams were left? I don't think some of ya have been paying attention,
 
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