The financial terms of the agreement were not disclosed. However, all NASCAR Cup Series teams, including 23XI and Front Row, will be granted permanent (or "evergreen") charters.
Finishing his testimony under cross-examination, NASCAR Chairman and CEO Jim France said he wasn’t comfortable agreeing to permanent charters because he didn’t know what the future of the sport would look like.
The price of charter sales in the NASCAR Cup Series is no longer a closely guarded secret.
NASCAR and the two teams that it is being sued by failed to reach a settlement after two days of a court-mandated judicial settlement conference.