Front Row buys NASCAR charter to expand to 3 Cup Series cars in '25, does not disclose seller, price
Front Row Motorsports has purchased a charter that will expand the NASCAR team to three cars in the Cup Series in 2025
CHARLOTTE, N.C. (AP) — Front Row Motorsports said Wednesday it has purchased a charter that will expand the NASCAR team to three cars in the Cup Series in 2025.
Front Row did not reveal the seller, but the announcement comes one day after Stewart-Haas Racing said it was shuttering its four-car Cup team at the end of the season. Front Row did not disclose how much it paid for its charter; Spire Motorsports last year paid $40 million for one.
“We have a very positive outlook on the future of NASCAR and as the sport plans for success, so do we,” said Front Row Motorsports owner Bob Jenkins. “Today that means having a plan for expanding back to three cars in the NASCAR Cup Series.”
NASCAR's charter system guarantees entry into all 36 Cup races each season and thus guarantees revenue from the series' television package through participation. There are four “open” spots in the field each week for teams that do not hold charters and those are being held in case a future manufacturer enters the stock car series.