23XI statement on not signing Charter agreement

[Conover]

I've pondered this happening. MJ can attract all the needed investment (OPM) if he decided to make a run for NASCAR. NASCAR and Jordan brand would make a helluva combination.

With all the vitriol of this lawsuit, and the nature of the France family, probably not an option. BUT…your point is a good one. What IF one solution to settle this was some level of ownership/merging of those two groups? Jordan does have strong money connections and a large $ pot of his own. Maybe a revision of the charter terms for all and some minority ownership stake for Jordan, plus other developmental involvement?

Doubtful but it’s an intriguing idea.

 

[Charlie Spencer]

I keep hearing about how much money Jordan is willing to toss around to take over NASCAR. If that was his goal, he could have had the naming rights to the Cup series for about what the legal bills are going to run, with all rights and privileges thereof and none of the management headaches.

 

[HoneyBadger]

Anybody seen this.

IHRA Launches New National Stock Car Series, Reigniting the Spirit of Grassroots Racing

Fairfield, OH — November 25, 2025 — The International Hot Rod Association (IHRA) is proud to announce the launch of the IHRA Stock Car Series, a bold new division built to restore the true essence of grassroots stock car racing. The series emphasizes driver talent, balanced competition, and...

ihra.com

I thought it was interesting timing and name of series. National Stock Car Series. Shot across the bow?

It's a carbon copy of the CARS Tour, and is going to compete more with them and the weekly tracks.

Of course, the weekly tracks made their beds by continuing to prioritize tire sales over making things affordable to grow car counts.

 

[HoneyBadger]

Do you consider the CARS tour to be competitive with NASCAR? No broadcast or cable coverage. Races in only four southeastern states. I'm guessing zero recognition outside racing forums.

To be fair, CARS Tour did have a race on FS1 last year.

 

[Charlie Spencer]

It's a carbon copy of the CARS Tour, and is going to compete more with them and the weekly tracks.

CARS has a much longer schedule, although this will only be the IHRA series' first year.

 

[HoneyBadger]

CARS has a much longer schedule, although this will only be the IHRA series' first year.

I suspect this will hurt the tracks the most.

Of course, the tracks need to be focused on reducing costs to get more cars and get more fans, not trying to get more money out of racers.

 

[StandOnIt]

CARS has a much longer schedule, although this will only be the IHRA series' first year.

Not knowing what the Car will be, but if it's similar to one of the other Late model series cars, and they probably are, I would bet many drivers will race both series. Sounds like there is good driver money involved for such a small schedule.

Text book example on what Nascar is trying to avoid...Go build your own car and find your own tracks to race it on.

 

[virtualbalboa]

I haven't seen anything about IHRA streaming on Flo. They stream through SpeedSport1, whatever that is. So yeah, they're on the third? Fifth? biggest racing streaming service. Big NASCAR competition that proves NASCAR isn't interested in hurting their competition. Especially since we already know from the released materials how they felt about the mere possibility of CARS running North Wilkesboro with Dale Jr.

These are just late models. They aren't even supers. Great for those guys because pavement late models have been left behind in paydays compared to dirt. Speaking of both millionaires who spent insane money and wound up being fraudsters and dirt late models....