January 20, 2016

NASCAR Begins Team Owner Charter System for Sprint Cup Series

NASCAR announced a nine-year agreement on Tuesday that grants NASCAR Sprint Cup Series Charters to 36 teams, allowing teams that remain in good standing more predictable revenue.

Getty Images

Getty Images

“Today represents a landmark change to the business model of team ownership in NASCAR,” said Brian France, NASCAR’s chairman and CEO. “The Charter agreements provide nine years of stability for NASCAR and the teams to focus on growth initiatives together with our track partners, auto manufacturers, drivers and sponsors. The Charters also are transferable, which will aid in the development of long-term enterprise value for Charter members.”

The 36 Charter teams have a guaranteed entry into the field of every NASCAR Sprint Cup Series points race. The rest of the field will be open for team owners who do not hold Charters. These open team owners will compete for the remaining starting spots and positions in the race, as each event in the NASCAR Sprint Cup Series’ starting lineup shifts in 2016 to a 40-car field.

The last time a NASCAR Sprint Cup Series race at Dover International Speedway started with less than 43 cars was the MBNA 400 on Sept. 21, 1997 (42 cars). The last time a NASCAR Sprint Cup Series race at Dover started with 40 cars was the MBNA 500 on Sept. 17, 1995.

“The new team owner agreements will offer a more appealing environment for both current and prospective team owners at the NASCAR premier series level,” France said. “I’ve always stressed that if we can do things to improve the business of our stakeholders, we will pursue it. I’m very proud of what we’ve accomplished … with this agreement.”

Similar to the five-year sanctioning agreements that NASCAR begins with tracks, including Dover International Speedway, this year, team owner Charter agreements allow for longer planning cycles around competition, innovation, digital marketing, governance and research and development.

“The new Charter program strengthens each of our businesses individually and the team model as a whole, which is good for NASCAR, our fans, drivers, sponsors and the thousands of people who we employ,” said Rob Kauffman, co-owner of Chip Ganassi Racing. “This will give us more stability and predictability, and it will allow us to take a more progressive, long-term approach to issues.”

See chart below for list of existing Charters.

For more information on Dover International Speedway’s NASCAR tripleheader weekends on May 13-15 and Sept. 30-Oct. 2, click here or call 800-441-RACE.

NASCAR Charter teams

(Listed by historical inception of race team entity, then numerical)

2015 Car # 2016 Car # Organization
43 43 Richard Petty Motorsports
9 44 Richard Petty Motorsports
3 3 Richard Childress Racing
27 27 Richard Childress Racing
31 31 Richard Childress Racing
2 2 Team Penske
22 22 Team Penske
5 5 Hendrick Motorsports
24 24 Hendrick Motorsports
48 48 Hendrick Motorsports
88 88 Hendrick Motorsports
6 6 Roush Fenway Racing
16 16 Roush Fenway Racing
17 17 Roush Fenway Racing
1 1 Chip Ganassi Racing
42 42 Chip Ganassi Racing
11 11 Joe Gibbs Racing
18 18 Joe Gibbs Racing
20 20 Joe Gibbs Racing
15 TBD Michael Waltrip Racing
55 TBD Michael Waltrip Racing
4 4 Stewart-Haas Racing
10 10 Stewart-Haas Racing
14 14 Stewart-Haas Racing
78 78 Furniture Row Racing
35 34 Front Row Motorsports
38 38 Front Row Motorsports
47 47 JTG Daugherty Racing
7 7 Tommy Baldwin Racing
13 13 Germain Racing
32 32 Go Fas Racing
23 23 BK Racing
83 83 BK Racing
62 62 Premium Motorsports
33 95 Circle Sport Racing
51 15 HScott Motorsports



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Dover Motorsports, Inc. (NYSE: DVD) is a leading promoter of NASCAR sanctioned motorsports events whose subsidiaries own and operate Dover International Speedway in Dover, Del. and Nashville Superspeedway near Nashville, Tenn. The company also plays host to the Firefly Music Festival, produced by Red Frog Events and Goldenvoice. For more information, visit