23XI statement on not signing Charter agreement

I suspect you are going to be saying that months from now lol. If anybody thinks it will be over Dec 2nd They probably will have another thing coming. It won't matter what the verdict is there will be an appeal.
I’m waiting for the jury to say “we are hopelessly deadlocked your honor.” The lawyers are going to love this!
 
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Every organization, when faced with potential for significant impacts to current operations, creates contingency plans. Some are more detailed and involved than others…depends on the threat. NASCAR was considering all types of scenarios. None of these were slam dunks. All it demonstrates, to me, is smart strategizing and intelligent planning.
 
The part that was interesting to me was the estimated costs involved with the cars and the teams. a person can get a rough idea of what it costs in many areas to race in the Cup series. Of course some are saying that Nascar is planning to replace the teams lol. I guess contingency plan isn't in their vocabulary. That took a lot of work to come up with those figures.
 
I looked over those guesstimate costs and my instincts say the proposed budgets are waaaaaay short.
How so? You're competing against yourself. Teams trying to come up with the next big thing is what drives costs. Nascar gives teams more than enough money to operate, but teams spend everything they have trying to beat the next guy. It has and will always be a problem until teams agree to a spending cap.....don't see that happening anytime soon.
 
I must have missed something. What oney does NASCAR give to teams to operate, outside of performance-based earnings?
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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