Jimmie Johnson: Cup team owners stand together in pursuit of a new financial agreement with NASCAR

The 2025 Cup season is fast approaching, and with no agreement yet on extending the charter system, tensions are rising in the NASCAR world. However, amidst the uncertainty, Jimmie Johnson, co-owner of Legacy Motor Club, remains optimistic, stating that team owners are a “unified group.”

The charter agreement, which was implemented in 2016 to guarantee teams certain financial payments, is set to expire after this season. Teams are pushing for charters to become permanent, seeking additional revenue through a new media rights deal starting next season.

In a recent meeting with the media at Texas Motor Speedway, Johnson discussed the ongoing negotiations between team owners and NASCAR. He emphasized that while the clock is ticking, there is still time for both parties to come to an agreement.

When asked about the main issue at hand, Johnson highlighted the importance of financial protections for team owners to ensure longevity in the sport. He acknowledged that discussions around money are crucial, particularly in relation to the TV partnership, but stressed the significance of unity among team owners.

Johnson praised the team ownership group for staying strong and delivering a consistent message throughout the negotiations. As a first-time team owner, he has been impressed by the solidarity within the group and believes that their unified front will ultimately lead to a successful outcome.

As the 2025 Cup season draws near, all eyes will be on the negotiations between team owners and NASCAR, with the future of the charter system hanging in the balance.