Newspaper article The Tuscaloosa News

Charter System Still in the Works

Newspaper article The Tuscaloosa News

Charter System Still in the Works

Article excerpt

CHARLOTTE, N.C. - NASCAR and Sprint Cup Series team owners continue to work toward an agreement on a possible charter system.

While no official word has been given on when the plan may be put into place that would afford owners equity in the series, several key players have spoken on the subject.

"We don't have it finished and it's still moving around a little bit," NASCAR Chairman and CEO Brian France said earlier this week. "The time line is sooner rather than later. This is a complicated plan and structure that will require some time to phase in. We'll announce things as soon as we can, but I'm optimistic."

Prominent team owners echo France's sentiment that the plan will be good for the sport when it's finally completed. …

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