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Bob Jenkins says 23XI Racing did not influence his refusal to sign the 2025 NASCAR Charter Agreement, according to a June 27 deposition.
The Front Row Motorsports owner cites resource limitations and small-team viability. He adds that if 23XI had signed, he likely would have followed.

Jenkins frames the choice as pragmatic. Challenging NASCAR’s charter terms requires funding and bandwidth he accepts FRM does not possess.
He argues the sport needs balance between NASCAR’s control and team sustainability. Teams help grow revenue, but the model must keep them solvent.
Jenkins highlights attrition since the 2016 charter deal. Only seven of the 19 original charter teams remain active, underscoring structural pressure on independents.

Financially, he claims losses exceeding $100 million over two decades, including more than $60 million since the charter system’s introduction.
NASCAR attorneys suggested he could profit by selling charters. Jenkins counters that sunk investment in cars, equipment, and personnel cannot be recouped.
The stance underscores a widening gap between manufacturer-backed contenders and mid-grid independents. FRM’s calculation is defensive rather than ideological.
While 23XI is the only team directly challenging NASCAR in the antitrust case, Jenkins stresses FRM’s independence, even as concerns overlap.
The outcome of charter talks and legal maneuvering will shape budgets, grid depth, and competitive balance for seasons ahead.
For now, FRM holds its line, prioritizing survival in an economic model Jenkins believes strains smaller teams’ competitiveness and resilience.

John Martinez delivers real-time NASCAR Cup Series and Truck Series news, from live race updates to pit-lane strategy analysis. A graduate of the University of Northwestern Ohio’s Motorsports Technology program, he breaks down rule changes, driver tactics, and championship points with crystal-clear reporting.