Richard Childress, a prominent figure in the world of stock car racing, recently emphasized the potential consequences for NASCAR teams if the charter system is dissolved, addressing concerns in the midst of an ongoing lawsuit involving 23XI Racing and Front Row Motorsports. By highlighting his support for the Richard Childress NASCAR charter system, Childress underlined its vital role in preserving team stability and long-term value across the sport.
Childress Advocates for Charter System Amid Legal Turmoil
Stock car racing teams rely on charters, which guarantee their participation in races and provide a stable framework for attracting sponsors. Richard Childress, whose extensive career as a team owner is widely respected, has been vocal about his support for maintaining this system, especially as legal disputes threaten its future.
Recently, Childress gave a statement during court proceedings related to the dispute with the sport’s governing body and specific teams. He explained that the charter system is a cornerstone for team survival, providing much-needed certainty in a business environment where team owners face tough financial models. He asserted that eliminating charters could destabilize NASCAR teams, leading to significant risk and decreased equity for organizations involved in the Cup Series.
“As a team owner for many decades, I believe in the concept of NASCAR’s Charter system. Given the challenging business model and economics that Cup Series team owners face, charters are essential to creating enterprise value for teams. The charter system has helped create long-term equity value and has allowed for team equity value to grow. Without Charters, the team ownership model is unsustainable. That is why I remain committed to finding a mutually agreeable solution that will provide permanent charters to all charter holders.”
– Richard Childress, Team Owner
The importance of this system is strongly felt among competitors, with numerous teams relying on guaranteed entries to foster partnerships with sponsors. Without the assurance that comes with holding a charter, teams would likely face dwindling investments from backers and heightened instability within the sport.
Richard Childress Racing: Drivers and Competitive Lineup
Richard Childress Racing (RCR), which plays a significant role in NASCAR’s Cup and Xfinity Series, maintains two full-time entries in the Cup Series. Austin Dillon steers the #3 Chevy Camaro ZL1, while Kyle Busch manages the #8 Chevy. Alongside them, Austin Hill and Jesse Love take part in selected Cup events driving the #33 Chevy Camaro as part-time entries.
In the Xfinity Series, the organization fields two full-time competitors. Jesse Love and Austin Hill are the key drivers for RCR, handling the #2 and #21 Chevrolets, respectively. Austin Dillon and Kasey Kahne step in throughout the season as part-time drivers, piloting the #3 and #33 Chevrolets. This depth across both series ensures the team’s presence and competitiveness, reinforcing the critical need for charter stability to maintain their operations year after year.
Leadership Transitions at Richard Childress Racing
Looking ahead to the 2025 Cup Series season, Richard Childress made a strategic change within the leadership structure by promoting Mike Verlander, previously chief operating officer, to the role of team president. The announcement of Verlander’s new responsibilities came ahead of the upcoming Daytona 500, signaling the organization’s intent to consolidate its progress in one of NASCAR’s most watched years.
Verlander will oversee several departments inside Richard Childress Racing, including manufacturing, graphics, and engineering. He will report directly to Childress, ensuring close coordination at the highest levels of the organization. Reflecting on the new appointment, Childress expressed confidence in Verlander’s capabilities and his alignment with the team’s ambitions.
“Mike has also done a great job this past year in his role as chief operating officer, as he has learned all aspects of our organization. He has a clear vision for our future and will foster a culture that inspires our entire team. I look forward to seeing our continued growth under his leadership.”
– Richard Childress, Team Owner
The Legacy and Performance of Richard Childress Racing
Since its inception, Richard Childress Racing has maintained a formidable presence across NASCAR’s major divisions. The team has participated in 1,666 Cup Series races and 828 events in the Xfinity Series. RCR has also been active in the Truck Series and ARCA Racing Series, entering 220 and 57 races respectively.
In terms of competition results, RCR boasts 260 total victories. These include 118 wins in the Cup Series, 101 in the Xfinity Series, 31 in Truck Series events, and 10 in ARCA competition. The organization’s record highlights sustained competitiveness and a commitment to success at all levels of NASCAR, driven by efforts from notable drivers like Austin Dillon, Kyle Busch, Austin Hill, Jesse Love, and Kasey Kahne.
Charter Uncertainty Threatens Team Future
With legal questions casting doubt on the permanence of the charter system, Richard Childress’s warning resonates throughout the motorsports community. For sponsors, team owners, and drivers such as those at Richard Childress Racing, the system’s loss could shake NASCAR’s foundation, making it harder to secure investments and maintain operations.
The outcome of the lawsuit involving Front Row Motorsports and 23XI Racing may determine whether the current NASCAR charter framework endures or is forced to evolve. As the situation develops, many—both within Richard Childress Racing and across the sport—are left awaiting decisions that could determine the path for teams, sponsors, and the overall structure of American stock car racing.
NASCAR filing today includes statements from several team owners urging the lawsuit be resolved in a way that keeps the charter system in place (if nascar loses the lawsuit, the charter system possible could be — but is not guaranteed to be — dismantled). Childress and Hendrick: https://t.co/rnlolAeXoe pic.twitter.com/uIaoQUvCGt
— Bob Pockrass (@bobpockrass) October 4, 2025