Overview
- The settlement was announced in court on Dec. 11 after a recess and sidebar, with plaintiffs’ attorney Jeffrey Kessler telling the judge both sides had agreed and paperwork was being drafted.
- Reporting indicates NASCAR will circulate a charter amendment that contemplates a form of evergreen charters subject to mutual agreement, while financial terms remain confidential.
- The lawsuit focused on charter permanence and team economics, with NASCAR chairman Jim France testifying he would not promise permanent charters because he “doesn’t have a sightline” to guarantee them forever.
- 23XI Racing and Front Row sued after refusing to sign NASCAR’s Sept. 2024 charter offer that teams described as a take‑it‑or‑leave‑it deal with a midnight deadline, while 13 of 15 organizations signed and the two plaintiffs raced much of 2025 without charters.
- The courtroom phase featured testimony on the Next Gen car and finances, including NASCAR’s $14 million development spend, and expert estimates that put potential damages for the two teams at more than $300 million.