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NASCAR President Steve Phelps provided updates on the ongoing negotiations for charters and media rights. Phelps stated that race teams are making progress in the charter talks but did not provide a specific timeline. He emphasized that securing the media rights deal for 2025 and beyond is a priority, as the interest in obtaining the rights has exceeded expectations. Phelps also mentioned that the completion of the new charter agreement will depend on finalizing the media rights deal.
NASCAR president Steve Phelps said today that the industry needs to get through its next media rights deal before completing a new charter agreement: LINK ⬇︎ https://t.co/1bGMm5bJyo
Steve Phelps says no timeline on the Charter talks, but says the media rights deal has to be secured first. #NASCAR
NASCAR media rights deal for 2025 season and beyond not solidified yet .. NASCAR President Steve Phelps says. He concedes he thought it would be done by this point but encouraged by the interest saying "It exceeded our expectations." #NASCAR
Phelps on charters: Will not get into negotiations but thinks if the race teams were asked, they would say "we're making progress." #NASCAR
Phelps on #NASCAR media rights: "The amount of interest in attaining our media rights for 2025 and beyond exceeded our expectations ... we believe we're going to have a very strong result. What that looks like: I don't know. Are we getting toward the end of this process? We… https://t.co/O7tjFPJgzC