Breaking News: Why NASCAR is holding up the sale of the Stewart-Haas charters……
NASCAR is delaying the sale of Stewart-Haas Racing’s (SHR) charters due to legal and procedural complications. SHR, which announced its closure after the 2024 season, intended to sell two of its four charters to 23XI Racing and Front Row Motorsports (FRM). However, NASCAR must approve these transactions, and that approval has not yet been granted.
The delay appears connected to broader legal issues within the sport. NASCAR is facing a lawsuit involving claims of unfair competition, which includes disputes over charter management and team ownership rights. The legal proceedings have complicated the approval process for the SHR charter sales, creating uncertainty about whether these transfers will be finalized for the 2025 season.
Additionally, Gene Haas, co-owner of SHR, retained one charter for his new team, Haas Factory Team, while the fate of the remaining charters hinges on NASCAR’s final decision. If the sales are not approved, the charters could revert to Haas or be reassigned by NASCAR under its own terms, adding to the complexities surrounding team and driver placements for next season.
