Previously Branded as "Shady", Veteran NASCAR Owners Scrubbed Off of Title by Fans

Previously Branded as "Shady", Veteran NASCAR Owners Scrubbed Off of Title by Fans

In the high-stakes world of NASCAR ownership, the charter system was meant to bring structure, legitimacy, and long-term sustainability to the racing teams. Introduced in 2016, the charter model allowed owners to purchase guaranteed race entries, which is akin to franchising. It gives them financial security and a tangible asset that could be resold. Some fans initially balked at the exclusivity of the system. Others praised it for finally givin…