Answers to questions about NASCAR charters

3 Comments

Questions and answers about the new ownership model that NASCAR unveiled Tuesday.

What is a charter?

A team with a charter is guaranteed a spot in every Sprint Cup points race and a significant portion of annual revenue. Unlike the qualifying system used since NASCAR’s inception 67 years ago, there will be 36 cars guaranteed slots in every points race. Only four slots will be up for grabs each week, and those will be competing for a lesser share of the purse.

How many cars will be chartered and what is the size of the field?

There are 36 charters in a 40-car field (three fewer entries than previously).

Why is a charter valuable?

Because it will guarantee more money through a four-pronged determinant of revenue streams: increased share of the race purse (divvied among 40 cars instead of 43), historical performance (a better team is awarded more money), a fixed distribution for chartered teams and a higher distribution from the season-ending points fund. Essentially, instead of teams being rewarded based on performance-based purses, the balance will shift to teams being rewarded for full-time participation.

How much money are teams guaranteed?

There weren’t many numbers provided, but the money probably is in the range of at least the low seven figures annually.

Is there a minimum requirement for maintaining a charter?

Though NASCAR didn’t clarify, teams must “remain in good standing” to keep a charter, probably via a minimum average finish or accumulated points to eliminate the possibility of a team becoming a start and park.

What are the qualifications for receiving a charter?

All of the 36 chartered teams have been competing full time since the beginning of the 2013 season.

What teams would meet those qualifications?

Hendrick Motorsports (4): No. 5, No. 24, No. 48, No. 88.

Joe Gibbs Racing (3): No. 11, No. 18, No. 20.

Roush Fenway Racing (3): No. 6, No. 16, No. 17.

Richard Childress Racing (3): No. 3 (previously No. 29), No. 27, No. 31.

Stewart-Haas Racing (3): No. 4 (previously No. 39), No. 10, No. 14.

Team Penske (2): No. 2, No. 22.

Michael Waltrip Racing (2): No. 15, No. 55 (both teams defunct for 2016; charters likely to be transferred)

Chip Ganassi Racing (2): No. 1, No. 42.

Richard Petty Motorsports (2): No. 43, No. 44 (previously No. 9).

BK Racing (2): No. 23, No. 83

Front Row Motorsports (2): No. 34, No. 38

JTG Daugherty Racing (1): No. 47

Germain Racing (1): No. 13

Furniture Row Racing (1): No. 78

HScott Motorsports (1): No. 15 (previously now 51)

Tommy Baldwin Racing (1): No. 7

Premium Motorsports (1): No. 62 (previously No. 36)

Go Fas Racing (1): No. 32

Circle Sport Racing: (1): No. 95 (previously No. 33 but has merged with Leavine Family Racing)

Can teams transfer charters to one another or outside investors?

Yes. And some will change hands before the Daytona 500. Stewart-Haas Racing (No. 41 of Kurt Busch) and Joe Gibbs Racing (No. 19 of Carl Edwards) both need them, and HScott Motorsports apparently is leasing a charter for a second team (which is allowed in a one-year arrangement).

Who has charters to sell?

Race Team Alliance chairman Rob Kauffman is the owner of defunct Michael Waltrip Racing’s two charters, which likely will be transferred to SHR and JGR. There are a few other teams (Premium Motorsports, Go Fas Racing) that might consider deals.

Who needs a charter?

The No. 21 Ford of Wood Brothers Racing is planning to run full time but doesn’t have a charter because it has been part time for several years. Rookie Ryan Blaney probably won’t be worried about failing to qualify for races, though, because there aren’t expected to be many teams vying for the four non-chartered spots.

What is the length of the charter deal? 

Nine years (five, plus a four-year option). Concurrent with the years remaining on NASCAR’s contracts with Fox and NBC Sports.

What is the going price of a charter that is transferred?

That will be determined by the market, but Kauffman estimated the going rate initially would be in the “single-digit millions.” The value lies in the amount of guaranteed revenue over the course of nine years and an assured spot in every Sprint Cup race.

Will chartered teams have a bigger say in NASCAR decision-making?

Yes, though it’s somewhat nebulous precisely how much sway NASCAR will allow. Each of the 36 chartered teams will be on a “Team Owner Council that will have formal input into decisions.” Though teams say they still want NASCAR to run the show, they will be included on long-term strategic planning, such as rules changes and marketing.

NASCAR America presents the Motorsports Hour, 5 p.m. ET on NBCSN

NBC Sports
Leave a comment

This week’s episode of NASCAR America presents the Motorsports Hour airs from 5-6 p.m. ET on NBCSN.

Marty Snider, Danielle Trotta, Parker Kligerman and Steve Letarte will discuss multiple auto racing disciplines, including NASCAR and IndyCar.

If you can’t catch either of today’s shows on TV, watch online at http:/nascarstream.nbcsports.com. If you plan to stream the show on your laptop or portable device, be sure to have your username and password from your cable/satellite/telco provider handy so your subscription can be verified.

Once you enter that information, you’ll have access to the stream.

Click here at 5 p.m. ET to watch live via the stream.

Ricky Stenhouse Jr. throws perfect strike for Red Sox

Getty Images
Leave a comment

With the Boston Red Sox nearly 10 games behind their No. 1 rivals, the American League East-leading New York Yankees, they could use some additional pitching help.

A good southpaw would be a big help.

They got some help on Wednesday – for one pitch at least, that is – as Cup Series driver Ricky Stenhouse Jr. threw out the first pitch prior to the game vs. the Toronto Blue Jays at Fenway Park.

Scouts likely had a few raised eyebrows when Stenhouse threw a perfect strike.

 

I’ve thrown out first pitches at some minor league games, but Fenway Park puts it at a whole ‘nother level,” Stenhouse told NESN.com.

But Stenhouse, wearing a No. 17 jersey, delivered when it was his turn atop the mound. In a sense, it was a home game for Stenhouse, as Red Sox owner John Henry is a part-owner of Roush Fenway Racing.

Stenhouse and teammate Ryan Newman, who was also in uniform for the game, were in Boston on their way to this weekend’s Cup race at New Hampshire Motor Speedway. Stenhouse is currently 19th in the standings and with seven races left to make the playoffs, he knows how significant this weekend will be for him.

It’s very important,” Stenhouse told NESN. “New Hampshire could be one of those turning points. We’re 19th in points and need to get to 16th. Or we could win and just lock ourselves in that way, too.

Hopefully, we’ll have a fast enough car and play the right strategy to put ourselves in a position to win. These next few races are definitely critical to us to make sure we do our part. We’ll need somebody else to falter a little bit, but we’re going to go out and do our job and see how things play out.”

And if Stenhouse doesn’t make the playoffs, he might want to keep that pitching arm warm and loose, just in case the Red Sox really need him.

 

Follow @JerryBonkowski

Ryan Vargas set for Xfinity debut at Iowa Speedway

JD Motorsports
1 Comment

Ryan Vargas, a member of the 2018-19 NASCAR Next class and 2019 Drive for Diversity program, is set to make his Xfinity Series debut next weekend at Iowa Speedway.

JD Motorsports announced Wednesday Vargas will drive its No. 15 Chevrolet in the July 27 U.S. Cellular 250, which will air on NBCSN.

Vargas, 18, competed full-time in the K&N Pro Series East last year for Rev Racing. Vargas was let go by Rev Racing in December and has spent this season racing late models and competing for the Irwindale Speedway track championship.

The race at Iowa will mark Vargas’ national NASCAR series debut. Vargas said making his Xfinity debut at Iowa “just makes sense” given his seventh-place finish there last year in the K&N Series.

“Last year, I felt that I was able to run my best race all year at the speedway, and to have the chance to drive for a well-respected team owner in Johnny Davis really adds to the excitement heading into the weekend,” Vargas said in a press release. “I think if we can keep all the fenders on my No. 15 Chevrolet and run as many laps as possible, the weekend will be a success. At this point in my career, I want to learn as much as I can so I can keep moving up the NASCAR ladder, so I am not necessarily worried about what the results show.”

Vargas will be sponsored by Cranio Care Bears, a non-profit organization dedicated to raising awareness of Craniosynostosis, a condition that causes problems with a child’s brain and skull growth. Vargas underwent surgery when he was 11 months old to correct issues from it.

“It means a lot to me to be able to help bring awareness to this great charity in Cranio Care Bears through the sport that I love so much,” Vargas said. “I know that I will have a lot of little supporters cheering me on that look up to me as a role model in the Cranio community, and I want to show them that anything is possible, even with the condition.”

 

and on Facebook

Updated entry lists for NASCAR at New Hampshire

Getty Images
Leave a comment

The NASCAR Cup and Xfinity Series will be in action this weekend at the 1-mile New Hampshire Motor Speedway in Loudon, N.H.

The Gander Outdoors Truck Series is off until July 27 at Pocono Raceway.

Here are the entry lists for the Cup and Xfinity races at New Hampshire:

Cup – Foxwoods Resort & Casino 301 (3 p.m. ET Sunday on NBCSN)

There are 37 cars entered.

Quin Houff will be back in the No. 77 Spire Motorsports Chevrolet.

Andy Seuss is entered in Rick Ware Racing’s No. 51 Ford and will make his Cup debut. Austin Theriault will also make his Cup debut in Rick Ware Racing’s No. 52 Chevrolet.

Click here for the full entry list.

Xfinity — Roxor 200 (4 p.m. ET Saturday on NBCSN)

There are 41 cars entered.

Cup regular Paul Menard will be driving the No. 12 Team Penske Ford Mustang.

Ryan Truex will be making his third Xfinity start of the season in the No. 8 JR Motorsports Chevrolet.

Tyler Matthews will make his third Xfinity start of 2019 in the No. 15 JD Motorsports Chevrolet.

Harrison Burton makes his third start of the season in the No. 18 Joe Gibbs Racing Toyota.

Kaz Grala is entered in his fourth race of the year in Richard Childress Racing’s No. 21 Chevrolet.

Canadian driver Alex Labbe makes his third start of 2019 in the No. 90 DGM Racing Chevrolet.

CJ McLaughlin will make his Xfinity Series debut, driving the No. 93 RSS Racing Chevrolet.

Click here for the full entry list.