23XI, FRM both holding out on new NASCAR charter agreements

23XI, FRM both holding out on new NASCAR charter agreements

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23XI Racing released a statement Saturday saying it has not signed the new charter agreement with NASCAR and feels issues still need to be addressed. The statement, which was released via social me…

23XI Racing has not signed the new charter agreement with NASCAR, citing unresolved issues. The team missed the deadline to sign charter agreements for its two cars for 2025-2031. They expressed a desire to engage in constructive discussions with NASCAR to address concerns and reach a fair resolution. Denny Hamlin, the co-owner of 23XI Racing, has been vocal about the rejected proposals and desired changes in the charter system. The current charter agreement ends after this season, with 23XI Racing and Front Row Motorsports being the only two out of 15 organizations not to have signed it. Despite reports of progress, the negotiations between teams and NASCAR are at a standstill, with both sides needing to find a middle ground.

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