Brad Keselowski asserts even the well managed team are “losing money” in NASCAR

Brad Keselowski has made some big comments about the charter negotiations.

Brad Keselowski asserts even the well managed team are “losing money” in NASCAR

Brad Keselowski (Via IMAGO)

The 2024 NASCAR Cup season will mark the end to the charter agreement between the sanctioning body and the teams. The negotiations for the new deal have been going on over two years and multiple proposal were rejected from both sides. Conversation around it is continuing with both sides making demands to extreme for the other to match.  

Amidst this uncertainty, RFK Racing owner driver and 2012 Cup champion Brad Keselowski has discussed why the changed scenario around the sports is the reason for the incident in his recent appearance in Kevin Harvick’s podcast. The inflation and the changed sponsorship situation, has made it really hard for team to continue to be sustainable and even the best run team are in the red.

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The veteran pointed out that the best managed team are losing money in the sport and are most of the top teams are working twice as hard to even break even. So, the sanctioning body has to create an environment and system where the team would have a stable platform at least break even consistently.

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At the end of the day, the conversation is mostly about how do we create a stable platform to where the teams aren’t losing money. Specifically, how teams that are well managed don’t lose money. And there are well managed teams that are losing money and that’s a problem.
Brad Keselowski said via Happy Hour podcast.

Brad Keselowski asserts inflation has been the killer for NACAR teams

The RFK veteran earlier pointed out that inflation has seriously affected the teams as it has been a killer for them. It caused a huge deficit with their budget; hence the charter negotiations are in a limbo because the teams need a solution.

Brad Keselowski
Brad Keselowski (Via IMAGO)
I think just inflation itself has been the killer. And so, that drives the charter negotiation. Because teams are just screaming like we have a huge deficit with our budgets. And so, that kind of puts the whole charter negotiation in a unique place where the teams are just thinking how are we gonna pay for this?
Brad Keselowski said.

The major issue with the new charter deal talks without a doubt is the financial side. The teams are having to make cuts in their annual budget and if they aren’t getting enough financial support from NASCAR, the SHR story would continue.

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