Media rights and charters unresolved after milestone NASCAR year

Key Facts

• “It is our expectation that not only having a great result with the CW with our Xfinity Series, and what’s going to be an incredible 33-race schedule on broadcast television, we believe that we’re going to have a very strong result with media partners that will look at a combination of broadcast, cable and streaming to some degree.
• The lack of a completed new TV deal is due at least in part to the Cup teams and NASCAR having not yet agreed to a new agreement on charters, which will expire at the end of the 2024 season.
• “If you would ask the race teams do we think we’re making progress with NASCAR on where things stand in the extension of our charters, I think our race teams would say yes,” Phelps said.
• Phelps said NASCAR still has interest in racing again in Montreal but is also looking into “other opportunities in North America and outside the U.S.” - NASCAR still plans to build what would likely be a half-mile short track on the site of current Auto Club Speedway in Fontana, Calif., but the timetable remains wide open.

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