Here’s the full list of all NASCAR charter sales per court documents
For the 2016 season, NASCAR introduced the charter system. This gave NASCAR teams equity in the sport itself.
Charters offer teams a guaranteed starting position in every race. Revenue is shared between all 36 charter owners.
Additionally, it gave teams something to sell when they decided to leave the sport. Something more than cars, engines and the shop itself. When they wanted to get out, they could sell their franchise.
The first charter sale in 2016 came from Michael Waltrip Racing. Charters were sold to Stewart-Haas Racing and Joe Gibbs Racing for $1.250M to $3.250M.
In recent years, charters have become much harder to come by and the price has exploded. In 2024, Live Fast Motorsports sold a charter to Spire Motorsports for $40,000,000. That set a record.
In 2025, Tony Stewart wanted to exit NASCAR as a team owner. Stewart-Haas Racing sold three of their four charters at $29.5M (Front Row Motorsports), $28M (23XI Racing) and $26.5 (Trackhouse Racing). Team owners Gene Haas and Tony Stewart collected a total of $84M.
These financials were released in court documents ahead of the 23XI/FRM lawsuit against NASCAR.
NASCAR Charter Costs
The following includes all full ownership sales:
2016
Michael Waltrip Racing
to Stewart-Haas Racing
(Charter Sale)
Sale Price: $1,250,000-$3,250,000
Michael Waltrip Racing
to Joe Gibbs Racing
(Charter Sale)
Sale Price: $1,250,000-$3,250,000
2017
Tommy Baldwin Racing
to Leavine Family Racing
(Charter Sale)
Sale Price: $3,500,000
HScott Motorsports
to Premium Motorsports
(Charter Sale)
Sale Price: $1,250,000
Premium Motorsports
to Furniture Row Racing
(Charter Sale)
Sale Price: Not specified
BK Racing
to Front Row Motorsports
(Charter Sale)
Sale Price: $2,000,000
2018
Furniture Row Racing
to JTG Daugherty Racing
(Charter Sale)
Sale Price: Not Specified
Roush Fenway Racing
to Team Penske
(Charter Sale)
Sale Price: $3,500,000
2019
BK Racing
to Front Row Motorsports
(Charter Sale)
Sale Price: $2,000,000
Furniture Row Racing
to Spire Motorsports
(Charter Sale)
Sale Price: $6,000,000
Front Row Motorsports
to Rick Ware Racing
(Charter Sale)
Sale Price: $2,500,000
Richard Childress Racing
to StarCom Racing
(Charter Sale)
Sale Price: $3,500,000
2021
Premium Motorsports
to Rick Ware Racing
(Charter Sale)
Sale Price: Not Specified
Germain Racing
to 23XI Racing
(Charter Sale)
Sale Price: $4,700,000
Leavine Family Racing
to Spire Motorsports
(Charter Sale)
Sale Price: $1,445,396
Front Row Motorsports
to Rick Ware Racing
(Charter Sale)
Sale Price: $7,000,000
JTG Daugherty Racing
to Spire Motorsports
(Charter Sale)
Sale Price: Not Specified
2022
Chip Ganassi Racing
to Trackhouse Racing
(Charter Sale – 2 Charters)
Sale Price: $6,000,000 (x2)
StarCom Racing
to 23XI Racing
(Charter Sale)
Sale Price: $13,500,000
Rick Ware Racing
to Spire Motorsports
(Charter Sale)
Sale Price: $15,000,000
Spire Motorsports
to Kaulig Racing
(Charter Sale – 2 Charters)
Sale Price: $8,000,000 / $10,000,000
2024
Live Fast Motorsports
to Spire Motorsports
(Charter Sale)
Sale Price: $40,000,000
2025
Stewart-Haas Racing
to Front Row Motorsports
(Charter Sale)
Sale Price: $29,500,000
Stewart-Haas Racing
to 23XI Racing
(Charter Sale)
Sale Price: $28,000,000
Stewart-Haas Racing
to Trackhouse Racing
(Charter Sale)
Sale Price: $26,500,000
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