Several NASCAR team investors and industry executives feel charter values have gone up overnight with the establishment of evergreen provisions, with some predicting a near doubling of value right away. This season, Legacy Motor Club paid Rick Ware Racing $45M for a charter, one of the 36 that make up the system established in 2016, […]
Among the last-minute filings in the NASCAR antitrust suit are the parties‘ massive exhibit lists – documents that preview the evidence each side may rely on at trial. The teams‘ list spans 778 exhibits, and the material condenses into eight major themes. Most items center on charter negotiations, including emails, letters, redlines, and strategy decks […]
Stefan Parsons will pilot Spire Motorsports No. 7 Chevrolet Silverado in the NASCAR CRAFTSMAN Truck Series season finale at Phoenix Raceway where Transportation Charter Services (TCS) will be showcased as the team‘s primary sponsor. The Cornelius, N.C., native is the son of former NASCAR Cup Series star and current FOX Sports broadcaster Phil Parsons and […]
LEGACY MOTOR CLUB and Rick Ware Racing jointly announced today the teams have reached a resolution regarding the sale and transaction of a team charter. “Reaching a positive outcome was important for everyone involved,” said LEGACY MOTOR CLUB owner Jimmie Johnson. “I truly respect the effort put forth by Robby Benton and Rick Ware to […]