“23XI decided not to meet a NASCAR-imposed deadline last night to sign Charter agreements for its two cars for 2025-2031,” the statement from 23XI ownership read. “23XI’s position, as stated in a letter to NASCAR, is that we did not have an opportunity to fairly bargain for a new Charter contract.”

At Atlanta Motor Speedway on Saturday morning, the talk of the garage area were Charters. There have been several reports over the past week that NASCAR wanted

Front Row Motorsports and Michael Jordan’s 23XI Racing are the two Nascar Cup Series teams to not sign the proposed charter agreement from series executives.

The amount of money each team receives from its Charter agreement affects the drivers’ contracts. Bubba Wallace confirmed Saturday that his contract remained in limbo due to 23XI Racing not signing the Charter agreement.

Only two teams withheld signing NASCAR's new charter agreement, but one is home to the regular season champion, Tyler Reddick.

XI and Front Row are the only two current chartered organizations that did not sign extensions that run through 2031. Because of a non-disparagement clause NASCAR added to the l

After more than two years of contentious negotiations over a new revenue agreement, NASCAR last weekend finally got 13 organizations — all but two — to sign a new deal. The agreement was reached less than 48 hours before NASCAR’s playoff opener at Atlanta Motor Speedway,