NASCAR insider reveals new permanent charter framework after 23XI, Front Row lawsuit settlement

With today’s settlement in the antitrust lawsuit, the NASCAR charter system is set to change in a few big ways moving forward. 23XI Racing and Front Row Motorsports agreed to a settlement with NASCAR this morning that has ended the contentious litigation that was seemingly tearing the sport in two.

NASCAR charters are now evergreen, permanent. This is a major concession that the teams have been searching for since the negotiations began for the current charter agreement. Teams are being sent the new agreement soon, and will likely gladly accept the new terms.

Bob Pockrass of FOX Sports learned of a few key details in the new charter framework. This is going to be the standard moving forward. According to Pockrass, the evergreen charters will have to go through a renewal process, but they are not tied to the media rights deal any longer.

Key points:
-2/3rds of teams have to approve the renewal.
-If a team doesn’t sign a renewal, they retain the charter and get a year or more to sell it.
-NASCAR can force a team to sell charter(s) for not meeting specific performance standards.
-NASCAR gets 10% of the money from charter sales, up from 2%.

Sounds like framework of evergreen charters:
-2/3rds of teams need to OK renewal
-if don’t sign renewal, still chartered & get year or possibly more to sell charter
-if don’t meet certain performance standards, must sell but get time to sell
-nascar gets 10% of sale (was 2%) https://t.co/l64ETWUgWz

— Bob Pockrass (@bobpockrass) December 12, 2025

So, there are still ways that teams can lose charters under the new permanent model. But it gives the teams more stability than they had in the past.

NASCAR charters have new rules, performance standards

As far as the performance standards go, that has been a thing with NASCAR charters. Under the old model, teams that finished in the bottom three in the standings for three years in a row could be subject to losing their charters. NASCAR actually had the ability to repossess the charters due to low performance standards. We don’t know what those rules will be right now, but we could find out more details soon.

Team owners such as Rick Hendrick and Roger Penske have released statements about the settlement. It appears that the settlement is welcomed news throughout the garage. Hendrick and Penske were almost dragged into the trial as witnesses. Now, they get out of testifying and receive permanent charters. Not a bad deal.

Don’t worry folks, the Daytona 500 is going to happen. NASCAR charters are here to stay, and 23XI Racing and Front Row Motorsports are back. When it is time to start the season, most things will remain the same.