23XI statement on not signing Charter agreement

The original intent of the charters was to insure the car owners got something for their team if they decided to get out of the sport. They could sell the charter and get something. Before, you would see team owners like Bud Moore, Cale Yarborough, and others get out and get pennies on the dollar for their equipment and shop. The car owners, at that time, decided they needed some value for their assets.

Now, Jordan and others want to make it more like other pro sports where they can a franchise. The problem is the other sports formed a league, picked a commissioner to run things, and the commissioner was basically an employee of the owners. NASCAR isn't structured that way. It was formed and relied and people to field entries for their races. It's always been a one-way street. Which is why the newer owners think it needs to work in a different way. They're not wrong, especially since the entity that owns NASCAR also owns half the tracks they race on.
 
MRM said:
The original intent of the charters was to insure the car owners got something for their team if they decided to get out of the sport. They could sell the charter and get something. Before, you would see team owners like Bud Moore, Cale Yarborough, and others get out and get pennies on the dollar for their equipment and shop. The car owners, at that time, decided they needed some value for their assets.

Now, Jordan and others want to make it more like other pro sports where they can a franchise. The problem is the other sports formed a league, picked a commissioner to run things, and the commissioner was basically an employee of the owners. NASCAR isn't structured that way. It was formed and relied and people to field entries for their races. It's always been a one-way street. Which is why the newer owners think it needs to work in a different way. They're not wrong, especially since the entity that owns NASCAR also owns half the tracks they race on.
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It's worked that way for over 75 years. I believe it is only one newer owner. The other has been in the series for some time. What owner is going to say hell no for a possible windfall that could mean millions more for not doing anything and it is at no cost to them. But one has to ask why didn't they all line up behind Jordan and the gang? I would imagine Nascar has already and will continue to get that messaged to the jury in the days to come.
 
HoneyBadger said:
The teams are paying into it, don't kid yourself. They pay for fuel and tires, which NASCAR gets a kickback from. They pay inspection fees. They have to buy licenses. They now have to buy parts from certain places.

If you want to compete in the Daytona 500, you're going to spend over a half million dollars when you factor in everything before you ever open up the back door of your hauler.
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So what, everyone pays to the NFL right? btw, NASCAR Teams don't pay a dime for fuel
 
HoneyBadger said:
Teams get a combined $5 million per race, while NASCAR's getting over $30 million per weekend just from Fox, Nexstar, Amazon, WB Discovery and Versant. Most of that money goes back to the tracks which NASCAR owns most of. But the tracks also pay a massive ass sanctioning fee to secure those races. And again, NASCAR owns like half these tracks.

It's a giant finger to the teams. And not the index, pinky, ring, or thumb.
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Where did you get those figures from?
 
I'm so confused by the massive goal post moving that @StandOnIt is trying to do. Help me understand what the Hell you're saying, pal. For months you have been claiming Jim France and his executive team are clear winners over the 23XI/FRM lawsuit challenge. Now all of a sudden, you are ranting about completely different stuff. I can't even find the goal posts anymore....
 
StandOnIt said:
Hey, if you pilgrims think Jim and Lesa are going to lose the family business without going all the way down or up if you choose to the absolute end of the line, hide and watch.
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They don't have to and if the do they never had to. It will be for the same reason Tony George is (maybe) just a part owner of Ed Carpenter Racing.
 
I’ll be honest. I’m not even remotely interested in D JR. media, podcasts or any other crap related to this lawsuit. My dad used to say, “Opinions are like ********.”
I’ve never subscribed to a single podcast ever. Not interested. Most are people trying to make money.
Looking forward to the end of this lawsuit.
 
I don’t think anyone that is invested enough to offer an opinion about this lawsuit is interested in seeing this sport fail.
Those of us hoping for a NASCAR loss in this litigation are hoping for better times for the sport.
When the drunk pillhead took over the sport, the Chase was implemented. That began the decline in attendance. I’m not sure there is an accurate, published number in the total number of seats removed from all of the tracks on the schedule. The fam damily fired Brian and then implemented the current stick n ball, crap elimination format. I’m not sure anyone would have supported a truck championship by any other team but the 11.
Greed by these people that inherited an empire caused them to sell the only 2 mile, 75’ wide racetrack on the circuit. The same greedy fux implemented a spec car that can only be purchased and built using NASCAR approved materials from NASCAR owned suppliers.
The loss in overall interest and attendance in the sport began during the Brian tenure. The France’s fired drunkass, pillhead Brian and decided that a stick n ball playoff format was what fans wanted. These “leaders” are so completely detached from their fanbase. This racing sucks. They keep making excuses and adjustments to horsepower and tire compounds in an effort to make this “sport” more profitable.
I believe the current leadership is so greedily focused on money that they are willing to compromise on-track quality in the pursuit of the dollar.
How much is enough?
I hope they lose their ass in court.
 
wi_racefan said:
I wonder which of the 6 teams didn't want it? I thought JGR really was against it so that leaves 2 others out as well?
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Gluck said it was 2 teams with 5 cars that were against the new car.

Another nugget of info is that the new car had numerous patents on the parts and pieces that they spent millions developing. It was done so others couldn't copy paste their work and development.
 
BobbyFord said:
So…a monopoly on parts?
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Because you don't listen to pod casts. Why should anybody bother. It's in here the parts situation. Very detailed, very fair. Any vender raising their prices over 3% have to justify it, be interviewed by the teams etc. Nascar doesn't make a dime.

 
StandOnIt said:
Because you don't listen to pod casts. Why should anybody bother. It's in here the parts situation. Very detailed, very fair. Any vender raising their prices over 3% have to justify it, be interviewed by the teams etc. Nascar doesn't make a dime.

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I don’t sit on the porch all day. Better things to do.
I’m looking forward to the end of this lawsuit and changes to the sport.
“NASCAR doesn’t make a dime.”
That’s a good one 😆
 
Spotter22 said:
First it was Brian, now Jim lmao
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Unlike Brian, Jim went around and visited the teams. What he saw he described it as an arms race. Most of the teams used a car from one to three races before it was scrapped. Different chassis for every track with different parts and pieces.
That is where the new car idea came from. Some of the teams are getting up to 40 races on a chassis.
Because all of the parts go thru Nascar they know how much the teams spend on parts. They thought the top teams would be buying the most parts but 23XI was one of the top buyers..they did wreck alot.
The car has increased the smaller teams successes with 14 different winners in a year. Younger people are attracted to it Probst said who was the main project designer on the car. They still spend about 2 to 3 million a year on safety developments. .
 
StandOnIt said:
Unlike Brian, Jim went around and visited the teams. What he saw he described it as an arms race. Most of the teams used a car from one to three races before it was scrapped. Different chassis for every track with different parts and pieces.
That is where the new car idea came from. Some of the teams are getting up to 40 races on a chassis.
Because all of the parts go thru Nascar they know how much the teams spend on parts. They thought the top teams would be buying the most parts but 23XI was one of the top buyers..they did wreck alot.
The car has increased the smaller teams successes with 14 different winners in a year. Younger people are attracted to it Probst said who was the main project designer on the car. They still spend about 2 to 3 million a year on safety developments. .
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Clown format 🤡
The stick n ball format you claim to hate.
How many of those 14 guys were eligible at Phoenix?
 
BobbyFord said:
Who pays for what NASCAR spends if the teams are required to purchase monopoly parts from NASCAR?
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They spend their own money on developments. That's what they just said. Nobody gives them parts for free and Nascar makes no money off the parts
 
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