As the clock ticks towards the end of 2024, a storm brews in the world of NASCAR. The primary teams are demanding a change, and Denny Hamlin, a prominent figure in the racing world, voices his concerns.
The NASCAR Cup Series charters, a system that benefits all teams, is under scrutiny. The major teams, including Hendrick Motorsports and Joe Gibbs Racing, are calling for a change in the income split. The cost of running a Cup team has soared, leaving teams struggling to break even.
Hamlin's Concerns
the driver for Joe Gibbs Racing’s No.11, has been vocal about the teams' stance. He expressed his concerns about the slow and opaque negotiation process. In his words, “The whole process is slow... it’s gonna be tough to meet the deadline for sure.”
The Future of NASCAR
With NASCAR holding a $7.7 billion TV & Streaming deal, they have leverage in the negotiations. However, the deadlock continues. Teams want to stay with NASCAR, but only if their demands are met. As the deadline looms, NASCAR has proposed some improvements, but will it be enough to break the impasse?