Brad Keselowski recently revealed when he expects the charter agreement to be signed. Over the last year, the charter agreement has been a big topic of contention between the teams (RTA) and NASCAR.
The current charter agreement is all set to expire at the end of the year as the teams are fighting to make their charters permanent and have a bigger share of revenue. On the other hand, NASCAR doesn't seem too keen on sharing a bigger chunk of revenue with teams or on making the charters permanent.
But despite the current year being halfway over, Keselowski said that the new charter agreement being signed still has time for a natural reason.
Ahead of the race in Chicago this Sunday, Brad Keselowski was asked whether he felt the charter agreement is any closer to being done. The RFK Racing driver and co-owner took a long pause before he shared his thoughts.
"Ultimately, it doesn't need to be signed until we unload the haulers at Daytona. And although I suspect it will be signed before then, in fact, i'm very confident it will be signed before then, I'm very hesitant just to give a date or time of when. [2:00]
When asked about his confidence regarding the new agreement compared to his views four months ago, Brad Keselowski said it wasn't necessarily the same.
"I was confident we'll get it done before Daytona, and I think there's, these things tend to wait to get done until they have to get done ... like anything, pick a chore at your house, if it's one year, you really don't want to get it done, you probably don't do it first, and this is one that we all want to get done, but it's is not a fun thing to get done so I suspect it'll get done when it has to get done rather than when we want it to get done which is now," he described.
Brad Keselowski on the revenue dynamic from two decades versus now, and how the new charter agreement would change it
In a recent interview with Bob Pockrass, Brad Keselowski shed some light on the revenue system from two decades ago and compared it to the present system. Keselowski commented on what he thought the revenue split under the new charter agreement would be.
"If I go back in time 20 years ago, the dynamic was, as far as funding a team, 90% sponsorship-based, 10% outside revenues, which might be race purse or outside revenues," Keselowski said as per Fox Sports.
As for the current dynamic, he revealed it was closer to 75% in sponsorship and 25% from purse or outside revenue.
"It appears the new charter agreement is going to get that somewhere closer to 65-35, which is a shift that can’t be understated," he added.
Having said that, Brad Keselowski mentioned that the new charter agreement wouldn't turn out to be a radical change in this regard.
He added that it would be more of a step "in the right direction."