Daily Archives: February 11, 2016

NASCAR Implements Sprint Cup Series Team Owner Charter Agreement

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NASCAR

NASCAR Implements Team Owner Charter Agreement

for NASCAR Sprint Cup Series

New Collaborative Business Model for Owners and Tracks Now in Place for 2016

During a historic event held today in Charlotte, N.C., NASCAR Chairman and CEO Brian France joined with NASCAR Sprint Cup Series team owners to announce a landmark long-term agreement that provides teams with increased business certainty and the ability to work more closely with NASCAR to produce best-in-class racing.

In effect as the 2016 NASCAR season prepares to kick off this weekend, the new Charter system addresses three key areas – participation, governance and economics – to promote a more predictable, sustainable and valuable team business model. The agreement grants NASCAR Sprint Cup Series Charters to 36 teams, establishes a Team Owner Council that will have formal input into decisions, and provides Charter teams with new revenue opportunities including a greater interest in digital operations. Continue reading →

Joe Gibbs Racing Looks to Win their Third Straight Sprint Unlimited

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Photo - Getty Images

Photo – Getty Images

With the Sprint Unlimited – a NASCAR Sprint Cup Series non-points paying event – just days away at Daytona International Speedway, Joe Gibbs Racing could be picking up where they left off when Kyle Busch won his first Sprint Cup title last season at Homestead-Miami Speedway.

When Kyle Busch returned to racing after missing 11 races, because of injuries he sustained at Daytona in the XFINITY Series, JGR had won two Sprint Cup races at Martinsville Speedway and Bristol Motor Speedway. But upon’s Busch’s return at Charlotte Motor Speedway in May, Carl Edwards started a string of 11 more JGR victory celebrations. By the end of the season, JGR had 13 wins for the season, including the first two Chase races and the finale at Homestead. Continue reading →