XI Racing has been negotiating a charter deal with NASCAR to guarantee entries for its cars from 2025 to 2031.

The ongoing charter battle between 23XI Racing, led by Michael Jordan and Denny Hamlin, and NASCAR poses a significant threat to the stability of the sport.

XI and Front Row are the only two current chartered organizations that did not sign extensions that run through 2031. Because of a non-disparagement clause NASCAR added to the l

Michael Jordan and his 23XI Racing team has refused to sign a new charter agreement with NASCAR and Dale Earnhardt Jr. has weighed in on the issue.

Talks have been ongoing for over a year now about the soon-to-be-expired current Charter agreement within NASCAR. That was until this past weekend at Atlanta Motor Speedway.

After more than two years of contentious negotiations over a new revenue agreement, NASCAR last weekend finally got 13 organizations — all but two — to sign a new deal. The agreement was reached less than 48 hours before NASCAR’s playoff opener at Atlanta Motor Speedway,

Justin Marks, who is the principle owner of Trackhouse Racing, says his decision to sign the take it or leave it charter system extension agreement with NASCAR was born from a conviction that this moment was always going to come and there was ultimately little room for either side to budge.