Denny Hamlin dishes with Dale Jr. about the latest charter drama.
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Denny Hamlin dishes with Dale Jr. about the latest charter drama.
Dale Jr. Download full episode:
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Support the Show:
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Thanks for watching and please SUBSCRIBE for more NASCAR content!
Thumbnail Cred: Getty
53 comments
Makes sense, this conversation has been happening for a while
If you didn’t know, the goal of the charters was to stop start & park teams due to the cost being so much during those days if they will actually run the full race that week than there were fine
Part of the goal with the charters was for Rob Kaufman to get his money back from his investment into Michael waltrip racing and basically he f***** over Michael waltrip when he decided to crash out and leave
Nice to see Kevin finally in first quality equipment. Kevin spent decades carrying his teams and cars. Too bad he never raced for JGR, Penske, or Rick.
Bruh did you forget he had the best car in the form of the #4 from 2014 to 2019? That’s 5 years of the defacto best car lmfao
I would argue RCR when he was thrust I to the 29 was a top team. Not now obviously and when Kevin first got to SHR they were a top team. Then SHR fell off and they are where they are now.
@@IceCar420 so harvick is a team killer is what I’m gathering from this info lol
@@Iconfuseu2000 lol, I guess. I mean SHR had a good run from their start to 2020.
@@IceCar420best team in cup 2018-2020 top 2-3 before that
If Nascar doesn’t make a decision now, things are going to get ugly. It’s not just the teams and the charters they have to worry about, it’s the sponsors and outside investors. If they get wind of all this tension they may be reluctant to invest in a sport that’s already losing more sponsors than it gains. The peace and stability and investor confidence is worth a LOT, even more than they control they lose, and I don’t see why Nascar doesn’t see that.
Jim France is working on getting deal done by talking to individual owners instead of a group AKA the negotiating committee. Rick Kendrick ain’t going to Rick Hendrick Is it going to agree on everything that Denny Hamlin thinks or even Roger Penske isn’t going to. Denny and Michael Jordan can just go start a new series
There was a lot of talk about getting rid of the “Start & Park” teams when the charters we’re creating. Guaranteeing starting spots for competitive teams.
Exactly, It guaranteed the full season teams a starting spot no mater if they made qualifying speed. It mostly done away with the provisional starting spots, but left some room for uncharted teams to qualify their way in.
But it didn’t do that. Rick Ware Racing still finishes 30th every week.
@@GrandpaShark I would hate to see Rick Ware booted out. There’s alot of people in the nascar garage pulling for him also.
@@GrandpaShark I think you are missing the point. Rick Ware Racing is still running all of the laps, attempting to make good finishes. Maybe they do not have all the resources to do so but they are making an attempt. Back when there were true “start and park” cars, these cars would run 15 laps and park the car behind the wall. Huge difference to any modern cup series teams.
Charters are keeping drivers out of getting into Nascar racing – not getting more drivers into it. Use Dale Jr. as an example – he says he cannot afford to pay for a Charter due to the cost. With Charters, only the billionaires will be able to be involved with car racing in Nascar as the Charters are so expensive. A poor guy from Kentucky should be able to work his way into a Nascar race of he is good enough, and it not depend on him spending tens of millions of dollars to even get a foot in the door.
His quote that hendrick and jgr should have a guarantee that their kids will drive is just crazy. Everyone currently in a sport is investing and getting their value back
Just like F1!!….I’ve been saying this for a while!!…Perhaps real soon we just might see only 32 cars or maybe even less in the Cup series!! These next few years is going be very interesting!!
Completely agree. This used to be a sport full of working-class folks that put their love of racing and mechanics into action. Now it’s all rich kids driving and million/billionaires owning all the teams. I recognize fully that money is needed to fund tracks and equipment and adding rules are essential for safety and fairness. But for those like myself who grew up dreaming of one day racing their way into the sport on talent and opportunity, we quickly find out early on that 95% of “opportunity” is just being rich or getting lucky with your sponsorship. I won dirt track championships growing up, but none of it got me anywhere because I came from a lower-middle class family in WV. There isn’t a place for folks like me in this sport anymore, and there doesn’t seem to be any signs of that changing. Hell, half the drivers are kids of former drivers, and while that doesn’t take away from their own skill, it’s hard to stay invested in a “generational” sport if the “generation” just means the drivers get handed spots because they’re in that circle. This is why I’d rather go watch racing at a local track than turn on Nascar most weekends. The sport has just about abandoned its core audience, and doesn’t seem to care as long as the cash keeps flowing in.
@@hunter9385exactly. Why do their kids deserve a spot? There’s a word for that. It’s called nepotism.
What would it have been if charters were the world of NASCAR in 40s, 50s and 60s. Lee petty, Ralph Earnhardt, king Richard, David Pearson, Lee Roy yarbrough, Curtis Turner, and the whole upper classmen of NASCAR. Would they have even existed..
I know times have changed but that doesn’t mean you leave your roots..if you kill the roots the tree dies.
The charter agreement I think was originally to guarantee 36 FT entries, since we had so many start and parks and part time entries outside the 500. But now the charters make the barrier to entry too high for new teams, well never get another RWR or spire unless they come into the sport with major funding
Bingo
But you weren’t getting good teams. These teams weren’t competitive. And since they created the charters, can’t put that back in the bag now.
This. It makes NASCAR far too high cost for anyone but either pay drivers or hyper established teams with 9 figure revenue streams to exist. I genuinely think the teams and drivers promoting permanence are being selfish. Yeah, its a business, but a market needs competition, same as motorsports. I know its old hat to bring up the past, but seeing those tiny teams scrounge money to field cars to get a start was fun. While many never won races, seeing a Dave Blaney or Marcus Smith or even a Buckshot Jones go out and try their damnedest makes a potential top 20 feel like a win if you like seeing underdogs break out for a time.
@@Rembrandt18 yes. In the gen6 era, when building an even remotely competetive car was stupidly expensive.
The Gen7 was supposed to make it cheaper for the existing teams to operat and easier for new teams to start up.
The charter became an 8 figure paywall that most potential teams can’t afford.
@@SpanglerGaming bingo indeed… but as if divine retribution… THEY WERE (once) THE FIELD FILLERS!
(Yeah, Brock Beard “Rise of the Field Fillers” reference)
Charters are a double edged sword. They give financial stability to the teams, but it kills the growth of the sport. Unlike other sports Nascar was built with no number of teams limit. Other sports limit the number of teams. It keeps new teams from forming without killing current teams. I miss the old qualify or go home aspect, with only a limited number of provisional spots. I’d love to see more new teams not sub par teams making the race because they bought their way in.
Same, I prefer the qualifying good or risk not starting.
Live by the sword and die by the sword.
Why is everyone romanticizing the start and park era of Nascar?
Yet another good video rendition on the key topic of the moment.
When I will note that in May 2019 NASCAR found $2 billion to buy out the ISC shareholders and restructure the shareholding among NASCARs three registered owners.
In other words of NASCAR becoming a fully Private entity. So the books were closed off the public scrutiny in relation to the somewhat answering to the public track ownership side of what began as the Daytona International Speedway Corporation. At the time of the construction of the Daytona International Speedway.
This did allow NASCAR as a full Private entity to take business risks and make decisions such as the Chicago Street Race and The LA Clash race. That were not truly possible when answering to ISC shareholders and the stock exchange.
It would have been around a similar timeline when Sonic Financial Corporation (“a Smith Family business”) took back approximately 50% of Speedway Motorsports INC public shares. In making move to private ownership in April 2019. Which did mean in part that SMI as the Smith Family had already owned the other half of SMI outright.
Please note: Any figures and percentages mentioned here, are what was gathered from related articles of the time and many not be completely accurate on that account
If NASCAR is worried about the Charter cost getting out of hand, put a “salary cap” on them. They can revisit the cap every few years to align with current expenses.
Nah, big teams will start to find ways to out spend each other like they do in f1, which will cause a bigger gap between the large and small teams
The only reason why charters really exist is because of the RTA which 95% of the teams are in
And now I think the bigger teams like JGR, Penske, HMS, and SHR have all kinda realized that it was a mistake. It give small teams like 23XI WAAAAYYYYYYY too much power at the negotiating table. You get 1 team that demands they have things their way and if not they’re gonna take their ball and go home.
The only one who benefitted from the charter system was Rob Kauffman. He sold Nascar a bill of goods back in 2015 when they were negotiating it. He made sure that Michael Waltrip Racing got 2 charters, even though they were going out of business. (He was 50% owner). He immediately sold those for over $10 million. He also owned part of Chip Ganassi racing & got more when they sold to Trackhouse.
I feel there are 2 options at this point with the charter system:
Option 1- we keep the current system as a compromise, they do not become permanent. Although more charters are created and we expand the field back closer to the 43 that there used to be. Teams will baulk at this (mainly 23XL) as for the short term it will devalue the charter as well as make the cut the teams get from a deal smaller, but it will allow 23XL to expand, RFK to expands, give JR a shot at the cup level.
Option 2 – the charter system goes away and you go back to where you have to be quick to make the show. Honestly the cost to build a cup car now with the stupid next gen already limits smaller teams from showing up. No charter system will almost force the Clash and All Star Races back to their original locations of Daytona and Charlotte to make it more enticing for teams. Fans would be happy to have Speedweeks again at Daytona. I dont know how far west teams will view the line for not going, but you can then also say goodbye to any international race unless a sponsor picks up the tab.
It’s actually super concerning for the health of the sport when a driver that is qualified for the All Star Race, is good enough and popular enough to be there can’t find a ride for the race.
Because nobody sold sponsorship for him to be in the race. Maybe somebody should reach out to camping world CEO and see if he wants to help out with camping world or even gander outdoors and then get BJ or beard oil to run
I think it says more about the All-Star Race itself than it does NASCAR as a whole
@RealisticFisHed At this point the purse should be doubled or tripled since it is the ALL STAR RACE
The real winners are Chip, Star Com, and whoever else Sold a charter and got out
Yeah RTA pushed for guaranteed starting spots and higher payouts. As a fan I’m against guaranteed spots and against the charter because it’s keeping people out of our sport that wants to be involved. NASCAR is seeing the same thing.
I think the charter system was to stop the start and park teams taking away from full time drivers that didn’t qualify for the race.
Jeff Gordon stated Hendrick hadn’t turned a profit in 10yrs. Dale Jr said they budget to break even, now that’s after everyone gets paid- not sure if Jr draws a salary but for sure his sister does and rightfully so. How many businesses of that size strive to break even?
Plenty. Amazon being one.
Yea break even sure, Jeff bezos can only afford to pay himself 200 billion after expenses . I cry for him daily
@@randomgamer19170and that’s at a less than 1% overall margin…. how much lower should the margin be to bring some tears to your eyes??
He made the best mousetrap and sells so much he can afford to nearly give everything away at cost.
I believe it was Rob Kaufman that got the ball rolling on this charter stuff because alot of weeks Michael Waltrip racing which he was part owner at the time was going home after not Qualifying good enough to make the race. Now with some weeks not even having 40 cars show up it kinda makes the charter System a big waste of money.
It doesn’t make the charters a waste of money because of the money value and all the benefits of the money that comes with having a charter at the end of the year
As an original and diehard MWR fan, I have to disagree.
They had no trouble making the field except for the first year because Toyota really wasn’t ready for the big stage. They had those issues mostly ironed out by the end of that season.
They made all the races in ’08 and won their first race in ’09. By their 5th year they were legitimate contenders to run races and even had a few seasons where they were legitimate championship contenders.
Rob wasn’t panhandling for charters 9 years before they became a thing in 2016.