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NASCAR will not “negotiate within the media about charters”
NASCAR

NASCAR will not “negotiate within the media about charters”

By Miles Cooper November 9, 2024
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NASCAR will not “negotiate within the media about charters”

NASCAR President Steve Phelps and Chief Working Officer Steve O’Donnell sat down with media Friday at Phoenix Raceway to debate a number of subjects of curiosity. However in his opening assertion, Phelps made positive to deal with the urgent subject of charters.

“Most likely lots of frustration within the room that NASCAR over the past two and a half years has not talked about charters publicly or with the media,” started Phelps. “We have executed that purposefully. We do not imagine the media is a spot to have discussions about our negotiation with our race groups and our constitution extensions. That was by design. I do know persons are pissed off about that.”

This, after all, comes amidst the authorized struggle between NASCAR and the groups of 23XI Racing and Entrance Row Motorsports. Denny Hamlin has been an outspoken critic of the constitution negotiations, lengthy earlier than his group’s refusal to signal the 2025 settlement, utilizing the media (and a podcast) to convey his frustrations. NASCAR took a special strategy.

“We aren’t going to barter within the media about charters ever, and we’re very completely happy that 32 of our 36 charters have been prolonged,” added Phelps. He was additionally positive to level out that that groups are “the only largest beneficiary of our media deal” by way of cash, noting how the sanctioning physique intends to chop prices and assist hold groups financially wholesome.

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Phelps additionally made it clear that they’d not take any charter-related questions from the media, citing the truth that “we’re in lively litigation, and that matter (of charters) is closed no less than at this level.”

Regardless of his decree, the constitution questions did come, particularly as information broke in the course of the press convention relating to a federal decide’s determination to disclaim 23XI and FRM’s preliminary injunction, which was filed with the hope of conserving their charters whereas the lawsuit is ongoing.

“No remark,” replied Phelps initially, earlier than including: “I do suppose it is essential for everybody to know charters however and what is going on on there, our relationship with the race groups is basically essential, and our race groups working with NASCAR is basically essential to the success of this sport, as is our relationship with Speedway Motorsports and the impartial tracks, as is {our relationships} with our broadcast companions and our sponsors.

“It is what makes this complete factor go, and I’d recommend over the past 5, six, eight, ten years that now we have not optimized the chance in entrance of us. If we do this the place now we have alignment and everybody understands the division, the technique about how we’ll transfer this sport ahead, then I’m optimistic we’re going to have success.”

There are additionally ongoing questions relating to the way forward for Stewart-Haas Racing’s charters because the four-car operation plans to close down. Trackhouse Racing Group is buying one, Gene Haas is conserving one for the Haas Manufacturing facility Group, however the different two have been meant to go to 23XI and FRM. Nonetheless, Phelps had no solutions there as the way forward for these two charters stays unclear.

23XI and FRM intend to enchantment Friday’s determination as they proceed their combat to maintain maintain of their charters whereas suing NASCAR for alleged antitrust violations. 

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Previous Article Decide denies request by Michael Jordan’s 23XI, Entrance Row groups in NASCAR antitrust case Decide denies request by Michael Jordan’s 23XI, Entrance Row groups in NASCAR antitrust case
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