That settlement is a new charter system called "evergreen charters", meaning teams are going to get permanent team charters, which was the main point of Jordan, driver Danny Hamlin and their team's lawsuit. Although the financial agreements between the two sides will not be publicly disclosed.

NASCAR's newest racing contract removed teams’ ability to veto expensive changes, which Front Row Motorsports owner Bob Jenkins called “taxation without representation.”

Michael Annett, a former racecar driver who made 436 combined starts in NASCAR's three national touring series, has died. He was 39. JR Motorsports, one of Annett's former teams, posted the news on social media on Friday. No cause of death was announced.