NASCAR President Steve Phelps on charter negotiations 🏁 #KevinHarvick #NASCARonFOX

One compromise I will make on the Charter stuff is a reimbursement in exchange for it disappearing. It’s not going to be a 30 million per charter deal, even with the TV contract that’s still way too much, maybe settle at 5-10 million a pop. I’d maybe go an extra mile with Spire, 23XI, and Front Row who paid 12.5, 20, and 30 if only cause those were very recent and it’d be such a gut punch after investment

Boom, you’ve got more revenue going to teams, a money surplus from the charters, and a more economic car on top of a slight uptick in viewership. Charters were a failed experiment and the sooner they stop locking out aspiring teams that don’t have deep pockets the better