The First Public Look at A NASCAR Charter Agreement

What’s Happening?

Thanks to the ongoing antitrust lawsuit filed by 23XI Racing and Front Row Motorsports against NASCAR, NASCAR fans now have a look at the 2025 NASCAR Charter Agreement.

The 2025 charter agreement is now a public record. Charter teams get a base $141,000 per event. pic.twitter.com/iNZClGgeFY

— Bob Pockrass (@bobpockrass) October 29, 2025

When 23XI Racing and Front Row Motorsports first sued NASCAR in October 2024, fans were eager to see what insider information could be revealed as the lawsuit progressed.

Initially, this information came in the form of confirmation that 23XI was in the process of buying a charter from Stewart-Haas Racing. This charter would eventually become the one utilized by Riley Herbst until the overturning of a December 2024 preliminary injunction that had allowed the teams to retain their charters for 2025.

It was through that injunction in December 2024 that fans learned another piece of information about 23XI Racing, as it addressed the fact that Cory Heim, who had dominated the Craftsman Truck Series in 2025, had a deal with 23XI.

Details similar to these can be found in the story linked below, which provides a comprehensive account of this lawsuit from start to finish.

However, throughout all the fun details revealed by this lawsuit, including some text messages from NASCAR executives and team owners, one thing has eluded the fans: a copy of the 2025 NASCAR Charter Agreement. 

This agreement, which sets the standard between NASCAR and its charter-owning teams, is at the center of this lawsuit. 

After over a year of negotiations, NASCAR sent a final draft to teams in late 2024, with Front Row Motorsports and 23XI Racing being the only two charter-owning teams that refused to sign. Shortly after this final draft was presented to teams, FRM and 23XI sued NASCAR on antitrust grounds.

Now, after more than a year of back-and-forth public filings between the two parties, with just over a month until trial, the agreement is publicly available.

The Agreement

While some fans may not find this interesting, in a sport obsessed with cost and a lawsuit based on this agreement, fans now have the opportunity to delve into the details of charter systems’ payout structure.

This includes information such as what the end of year payouts are by finishing position in points (which shows the dramatic affect a playoff win and in can do for a smaller team), when race purse and charter money are paid out to teams (five business days after the end of a race), and how the race purse is distributed by finishing position.

Perhaps the detail most people were curious to see is the base amount of money teams are paid per charter, which comes out to $141,000 per event. However, this is not exactly what teams receive, as a Performance Plan is built into the payouts.

The Performance Plan was another major mystery answered for fans. This plan is based on the owner’s points finish of a charter over the past two seasons, amongst other charters.

The payouts are based on shares, with the highest finisher (based on 100% value from the most recent season and 50% value from the prior year) receiving 36 shares and the lowest finisher receiving one share.

The 2025 NASCAR Charter Agreement, for the most part, contains details that a casual fan may not find particularly interesting; however, for those interested in the inner workings of the sport, it is a treasure trove of information regarding team finances.

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