Childress: NASCAR's Charter System Falls Short
Update: 2025-12-09
Description
Richard Childress, a long-time NASCAR team owner, testified in Michael Jordans antitrust lawsuit against NASCAR, revealing he signed the new revenue sharing model due to financial pressure. Childress, who has a personal relationship with the France family, supports the charter system but believes it falls short due to non-permanent charters. NASCAR Commissioner Steve Phelps also testified about the challenging negotiations, confirming the final deal did not include permanent charters or a voice in governance.
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