Skip to Content
AP National Business

NASCAR, teams at ‘significant impasse’ over charters

KTVZ
By
Published 2:33 PM

By JENNA FRYER
AP Auto Racing Writer

CHARLOTTE, N.C. (AP) — A top group of NASCAR team owners skipped a meeting with series officials with the two sides at an impasse over permanent charters. The charters are a key plank in the business model of the stock car series. Fearing the meeting would be “hijacked” by conversation solely on the charters the team owner council told NASCAR it felt talks should be postponed. NASCAR said it planned to hold the meeting anyway, but the teams did not attend. Charters are multimillion-dollar guarantees of having a car in NASCAR’s top Cup Series. The teams want them made permanent.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

Related Articles

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content