{"id":175248,"date":"2025-08-25T20:49:09","date_gmt":"2025-08-25T20:49:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/175248\/"},"modified":"2025-08-25T20:49:09","modified_gmt":"2025-08-25T20:49:09","slug":"nascar-has-an-agreement-to-transfer-a-charter-amid-lawsuit","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/175248\/","title":{"rendered":"NASCAR has an agreement to transfer a charter amid lawsuit"},"content":{"rendered":"<p>NASCAR is looking to move one of the charters held by 23XI Racing or Front Row Motorsports to a new team with an agreement already on the table for the transfer<\/p>\n<p>Charters are NASCAR\u2019s version of franchises. 36 were issued and they guarantee starting positions in every points paying event as well as a significant financial bonus to those teams. <\/p>\n<p>The more recent charter sales are estimated over $40M.<\/p>\n<p>23XI Racing and Front Row Motorsports are suing NASCAR alleging antitrust. They elected not to sign the charter agreement for 2025 and instead went to court. <\/p>\n<p>The teams are seeking better financial terms for charter owners as well as permanent charters. The trial for that case is expected later this year.<\/p>\n<p><a href=\"https:\/\/racingnews.co\/2024\/10\/02\/nascar-lawsuit-opened-by-23xi-racing-and-front-row-motorsports\/\" target=\"_blank\" rel=\"noopener\">NASCAR lawsuit opened by 23XI Racing and Front Row Motorsports<\/a><\/p>\n<p><strong>And there\u2019s been a lot of big rulings leading up to that trial\u2026<\/strong><\/p>\n<p>In December, the teams won a preliminary injunction forcing NASCAR to recognize 23XI Racing and Front Row Motorsports as charter teams. They received race earnings, as if they were charter holders.<\/p>\n<p>NASCAR appealed that ruling. In April, NASCAR won the appeal and they have since revoked charter benefits from both teams. <\/p>\n<p>Related: <a href=\"https:\/\/racingnews.co\/2025\/06\/05\/nascar-wins-court-appeal-to-claim-charters-from-23xi-frm\/\" target=\"_blank\" rel=\"noopener\">NASCAR wins court appeal to claim charters from 23XI \/ FRM<\/a><\/p>\n<p>NASCAR has an agreement to sell one of the charters<\/p>\n<p>NASCAR has claimed three charters from 23XI Racing and Front Row Motorsports. Now, NASCAR already has an agreement to transfer ownership of one of those charters to another team.<\/p>\n<p>That\u2019s according to a new filing on Monday. The wording noted, \u201cplans to issue a charter.\u201d<\/p>\n<p>The team name was redacted from the document. Additionally, it\u2019s unclear if NASCAR is selling that charter or giving it away.<\/p>\n<p>NASCAR is stating they will suffer irreparable harm if they are not allowed to transfer the charter.<\/p>\n<p>23XI Racing and Front Row Motorsports are saying they will suffer irreparable harm if they are not given their charters back. They noted that Tyler Reddick has already handed them a breach of contract notice as his contract requires the team to provide a charter entry. <\/p>\n<p>NASCAR and both teams will be in court on Thursday. The teams are looking for the courts to return their charter status and prevent NASCAR from transferring the charter.<\/p>\n<p><a href=\"https:\/\/racingnews.co\/2025\/01\/21\/brad-keselowski-says-the-nascar-lawsuit-is-a-threat-to-the-sport\/\" target=\"_blank\" rel=\"noopener\">Brad Keselowski says the NASCAR lawsuit is a threat to the sport<\/a><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"512\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Tyler Reddick - Richmond Raceway - NASCAR Cup Series\" class=\"wp-image-133624\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/Tyler-Reddick-Richmond-Raceway-NASCAR-Cup-Series-768x512.jpg\"\/>Credit: RICHMOND, VIRGINIA \u2013 AUGUST 10: Tyler Reddick, driver of the #45 Mobil 1 Toyota, drives during practice for the NASCAR Cup Series Cook Out 400 at Richmond Raceway on August 10, 2024 in Richmond, Virginia. (Photo by Sean Gardner\/Getty Images)<\/p>\n<p>23XI\/FRM Statement<\/p>\n<p>\u201cNASCAR\u2019s Opposition is a brazen effort to deny reality. It is striking in its failure to even address most of the smoking-gun documents that admit NASCAR viewed competitive entry as a threat.\u201d<\/p>\n<p>The teams are saying they would be out of business in 2026 if the transfer of the charter goes through.<\/p>\n<p>\u201cThis Court has already found that it is not economically viable to race as open teams on a long-term basis. And NASCAR did not challenge that finding on appeal.\u201d<\/p>\n<p><a href=\"https:\/\/racingnews.co\/2025\/04\/01\/legacy-motor-club-opens-lawsuit-against-another-nascar-team\/\" target=\"_blank\" rel=\"noopener\">Legacy Motor Club opens lawsuit against another NASCAR team<\/a><\/p>\n<p><strong>23XI Racing Driver Lineup:<\/strong><\/p>\n<p>\u2013 Bubba Wallace (No. 23)<\/p>\n<p>\u2013 Tyler Reddick (No. 45)<\/p>\n<p>\u2013 Riley Herbst (No. 35)<\/p>\n<p><strong>Front Row Motorsports Driver Lineup:<\/strong><\/p>\n<p>\u2013 Noah Gragson (No. 4)<\/p>\n<p>\u2013 Todd Gilliland (No. 34)<\/p>\n<p>\u2013 Zane Smith (No. 38)<\/p>\n<p><a href=\"https:\/\/racingnews.co\/2025\/06\/30\/nascar-commissioner-speaks-on-the-antitrust-lawsuit\/\" target=\"_blank\" rel=\"noopener\">NASCAR commissioner speaks on the antitrust lawsuit<\/a><\/p>\n<p>Links<\/p>\n<p><a href=\"https:\/\/www.nascar.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">NASCAR<\/a>\u00a0|\u00a0<a href=\"https:\/\/www.23xiracing.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">23XI Racing<\/a>\u00a0|\u00a0<a href=\"https:\/\/front-row-motorsports.square.site\/\" target=\"_blank\" rel=\"noopener noreferrer\">Front Row Motorsports<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"NASCAR is looking to move one of the charters held by 23XI Racing or Front Row Motorsports to&hellip;\n","protected":false},"author":3,"featured_media":175249,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[24384,22019,64,24385,281,356,1418,24386,11130,24387,379,4255,1406,1420,1459,1423,62,24388,24389,67,132,68],"class_list":{"0":"post-175248","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nascar","8":"tag-23xi-racing","9":"tag-bubba-wallace","10":"tag-business","11":"tag-charter","12":"tag-court","13":"tag-courts","14":"tag-cup-series","15":"tag-curtis-polk","16":"tag-denny-hamlin","17":"tag-front-row-motorsports","18":"tag-lawsuit","19":"tag-michael-jordan","20":"tag-nascar","21":"tag-nascar-cup","22":"tag-nascar-cup-series","23":"tag-ncs","24":"tag-sports","25":"tag-steve-phelps","26":"tag-tyler-reddick","27":"tag-united-states","28":"tag-unitedstates","29":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115091378222294941","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/175248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=175248"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/175248\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/175249"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=175248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=175248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=175248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}