NASCAR is offering to extend the charter system for seven years concurrent to its new media rights agreement, according to four sources familiar with the talks, as teams fight for something closer to a permanent status for their version of franchises.
Sources say NASCAR’s offer is to extend the system from 2025 through 2031. Teams want the system locked into NASCAR’s rules in perpetuity, along with getting additional guaranteed media revenue.
As a middle ground, teams are open to something resembling an “evergreen” status where they keep the charter permanently as long as they meet a list of requirements that would be agreed on with NASCAR, such as running every race.
NASCAR and the RTA had no comment on the specific terms being discussed when contacted.
