How NASCAR's Ownership Charter System Works

Motorsport photoThe 2025 season marks a decade in which the NASCAR Cup Series has functionally operated under the ‘charter agreement,’ but it’s also the first year of the second document and first extension to an agreement first crafted in advance of the 2016 season.It’s also the first season that began with a lawsuit with two teams alleging federal antitrust violations against the sanctioning body stemming from the results of the negotiations process over the charter sys