As the 2025 NASCAR Cup Series season begins, controversy looms over the sport. The ongoing charter dispute between NASCAR and two of its teams, 23XI Racing and Front Row Motorsports (FRM), has sent shockwaves through the garage. The disagreement has led to a lawsuit against NASCAR. Both teams challenged the fairness of the charter system and the governing body’s control over team finances.
Their lawsuit alleged that NASCAR operates as a monopoly, limiting fair competition and preventing teams from having financial security. But 23XI Racing and FRM aren’t the only ones unhappy with the situation. Veteran team owner Richard Childress of Richard Childress Racing (RCR) recently spoke out about the dispute, revealing that he too had major concerns about NASCAR’s demands. In a candid interview, he also declared his support for the teams.
Richard Childress backs Michael Jordan’s decision
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NASCAR Hall of Famer Richard Childress has been working in the sport for ages. He has seen NASCAR change over the decades. He built RCR into a powerhouse team, winning multiple championships with Dale Earnhardt. However, Childress recently spoke about his frustrations regarding the charter agreement negotiations. In a candid conversation with Dale Earnhardt Jr. RCR team owner reflected on the key issues within the new charter rule. He also declared indirect support to 23XI and FRM for their lawsuit.
“I think they had a reasonable reason to not sign the agreement. We received it hours before. We had a deadline to sign it, and they signed it. I mean, I signed it. I had to. I had no choice. I have sponsors. I have everything out there. There were only three or four things that we were missing, and everyone was still trying to negotiate. And when those negotiations were over, these two guys went on their own. I’m glad to see them do it because they stood up for what they felt was right,” said Richard Childress.
While Childress ultimately signed the deal, he made it clear that NASCAR’s handling of the situation left teams scrambling. His comments reflect that negotiations were still ongoing when NASCAR forced teams into a rushed decision, leaving some feeling pressured to comply. It also reveals that many other teams would be hoping for a favorable result for 23XI and FRM over the issue.
Meanwhile, Mr. Childress also revealed one key issue which was the point of discussion during charter negotiations. He revealed that the biggest issue revolves around the value of charters. Childress compared it to the Professional Bull Riders (PBR) franchise model. He noted how the value of a PBR franchise skyrocketed over time, benefiting owners. In contrast, NASCAR’s charter system does not offer the same financial growth.
“Their franchise sold for $3 million. The last two franchises sold for $22.5 million apiece. And that’s how that’s all we wanted out of it. That’s all I wanna see for my family is I wanna see the enterprise value of those charters should be 10 times where they are today, just like football, and that’s all,” Childress argued.
This issue impacts all team owners, not just 23XI and FRM. Without a clear system that guarantees long-term value, teams struggle to attract sponsors and secure financial stability. The ongoing lawsuit has exposed these flaws, and Childress believes it’s time for change. His comments highlight how critical this battle is for the future of team ownership in NASCAR.
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Tyler Reddick Remains Confident in Michael Jordan
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While NASCAR’s legal battle continues, 23XI Racing driver Tyler Reddick continues to focus on racing. As a key driver for 23XI Racing, he has witnessed the charter dispute firsthand. However, he trusts his team owners, Michael Jordan and Denny Hamlin, to navigate the situation. In a candid conversation with The Associated Press, Reddick spoke his heart out about the issue. He revealed that despite the legal uncertainty, he never doubted his team’s leadership.
“I wouldn’t say it was uncomfortable, but certainly I was paying attention to it. I have a lot of faith in our owners. I believe in them, and I believe in their process. That’s why I came here, and that’s why I’m still here… The vibes are good. Everyone’s focused and getting ready for the season. From that standpoint, I’m in a happy place,” Reddick told the Associated Press.
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Former Richard Childress Racing driver’s comments reflect how calm the situation was at 23XI. The team has been one of the top performers and would be keen to continue their run. While legal battle continues focus remains on track. Denny Hamlin and Michael Jordan’s co-owned squad is preparing hard for the upcoming Daytona 500. The season opener will take place on February 16 at the iconic Daytona International Speedway.
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Is NASCAR's charter system a monopoly, or are 23XI and FRM just stirring the pot?
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