NASCAR is set to implement a new ownership structure that will reduce the Sprint Cup field from 43 to 40 cars. Of these, 36 charters will guarantee spots on the grid, with four remaining slots open to non-chartered teams. NASCAR is also considering adjusting the points system to reflect the smaller field size, with details expected soon. Teams can own up to four charters, which are transferable but require approval from NASCAR to change hands.
Brian France announced this as a major shift in NASCAR’s team ownership model, offering nine years of stability to teams and the sport, encouraging partnerships with sponsors, automakers, and drivers. Charters enhance the long-term value of teams and can be transferred, fostering business growth.
Car owners with charters are guaranteed a starting position in all Sprint Cup Point Races, ensuring stability and boosting team market value. NASCAR legend Richard Petty described the charter system as one of the most significant changes in NASCAR history, saying it will strengthen individual teams and the sport as a whole. This system provides stability and predictability, allowing NASCAR and its teams to focus on long-term growth and delivering quality races for fans.
Thirty-six charters are listed for the 2016 season, with notable changes including the transfer of two charters formerly held by Michael Waltrip to Stewart-Haas Racing and Joe Gibbs Racing. Some teams, like Wood Brothers Racing, do not own charters but remain significant in the sport.
Below is a summary of the 2015 and 2016 car numbers and their respective organizations holding charters:
– Richard Petty Motorsport: Car #43 & #44
– Richard Childress Racing: Car #3, #27, #31
– Team Penske: Car #2 & #22
– Hendrick Motorsports: Car #5, #24, #48, #88
– Roush Fenway Racing: Car #6, #16, #17
– Chip Ganassi Racing: Car #1 & #42
– Joe Gibbs Racing: Car #11, #18, #20
– Stewart-Haas Racing: Car #4, #10, #14
– Furniture Row Racing: Car #78
– Front Row Motorsports: Car #34, #38
– JTG Daugherty Racing: Car #47
– Tommy Baldwin Racing: Car #7
– Germain Racing: Car #13
– Go Fas Racing: Car #32
– BK Racing: Car #23, #83
– Premium Motorsports: Car #62
– Circle Sport Racing: Car #95
– HScott Motorsports: Car #15
Fan Take: This new charter system marks a pivotal evolution in NASCAR, offering teams more financial security and stability, which is crucial for long-term growth. For fans, it promises more competitive and consistent racing seasons, as teams can plan further ahead with guaranteed spots and stronger partnerships.
