Denny Hamlin Laments Lack of Transparency as NASCAR Charter Negotiations Drag On

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The Charters maintain immense significance to the groups within the top-tier NASCAR racing sequence. Firstly, they’re a way for the groups to learn from the earnings purse. And, secondly, and most significantly, they’re additionally what secures the cash behind working an entry within the Cup Series roster. However, being a workforce proprietor himself, Denny Hamlin is alarmed at NASCAR, delaying the renewal of their constitution deal.

The present constitution deal is about to expire by the top of this 12 months and it’s already a month into 2024. Hamlin is fearful in regards to the delay, which may doubtlessly put the groups in a window the place their hard-earned charters may lose their significance money-wise. “The complete course of is gradual,” mentioned the JGR driver. “I feel that we’d slightly had this finished months and months to go nevertheless it’s been a gradual course of to attempt to get any solutions and transparency the place we wanted so it’s gonna be robust to satisfy deadlines.”

Bob Pockrass of FOX Sports was interested in Hamlin’s greatest subject with NASCAR’s delay in renewing the Charter deal. The 7-time Pocono champion admitted that he worries about deal fatigue greater than anything. However, he additionally said that it’s only a matter of how lengthy NASCAR desires to pull it out.

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“This is often the best way it’s been between NASCAR and the groups for therefore a few years so it’s simply robust to get the 2 sides to agree on so much of points. Once you determine the financials, and there must be transparency, after which you possibly can work on all the opposite language,” he added.

Hamlin hints on the lack of progress because the starting of the earlier season

In an episode of his podcast, Hamlin said that though he isn’t a member of the Team Negotiation Committee (TNC), he’s conscious of how there might be possibilities of the groups rupturing their ties with NASCAR similar to the IndyCar CART/IRL split in the 1990s.

“We are within the eleventh hour once more. We tried to begin these conversations 2 years in the past, and it’s simply been delay, delay, delay and now right here we’re, we’re on the finish of the rope…There’s actually some work to be finished, proper? Do I imagine we’re nearer to a deal now than we had been 12 months in the past? I don’t assume so,” he said bluntly.

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Some would possibly argue that the choices revolving across the charters have been getting delayed because of the buzz happening across the new media deal. But with the media deal already introduced again in November, it’s maybe protected to say that NASCAR has had sufficient time to work on renewing the Charter deal, however even then, Hamlin says, no progress has been made.

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