{"id":250955,"date":"2025-10-30T21:54:08","date_gmt":"2025-10-30T21:54:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/250955\/"},"modified":"2025-10-30T21:54:08","modified_gmt":"2025-10-30T21:54:08","slug":"frm-owner-says-23xi-didnt-influence-him-in-refusing-to-sign-nascar-charter-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/250955\/","title":{"rendered":"FRM owner says 23XI didn&#8217;t influence him in refusing to sign NASCAR charter deal"},"content":{"rendered":"<p>In a newly released deposition featuring Bob Jenkins, the owner of <a href=\"https:\/\/www.motorsport.com\/team\/front-row-motorsports\/74\/\" target=\"_blank\" rel=\"noopener nofollow\">Front Row Motorsports<\/a>, he reveals why he chose not to sign the <a href=\"https:\/\/www.motorsport.com\/nascar-cup\/news\/2025-nascar-charter-document-revealed-in-full\/10772509\/\" target=\"_self\" rel=\"noopener nofollow\">2025 NASCAR Charter Agreement<\/a>. Jenkins is the owner of several fast food and restaurant franchises, but he has also been operating a Cup team since 2005.<\/p>\n<p>While being questioned in a June 27th deposition, he was asked directly if 23XI actively tried to convince him to not sign the deal, and he said no.<\/p>\n<p>Jenkins went on to claim that had 23XI decided not to take a stand against NASCAR, then he likely wouldn&#8217;t have either as he didn&#8217;t possess the same level resources to fight back.\u00a0\u00a0<\/p>\n<p>&#8220;I have my own beliefs,&#8221; said Jenkins. &#8220;I&#8217;m a fairly independent guy. And I think they felt similar to how I felt. I did realize I couldn&#8217;t take this on on my own. So had they signed, I would have probably had to have signed, and then, just perhaps, sold my charters or got out of the sport at some point.&#8221;<\/p>\n<p>This tracks with previous statements from Jenkins, <a href=\"https:\/\/sportsnaut.com\/nascar\/front-rows-bob-jenkins-unified-with-legacy-teams-on-nascar-charter-negotiation\" target=\"_blank\" rel=\"noopener nofollow\">who said\u00a0last summer<\/a>: &#8220;We just have to be viable &#8230; It&#8217;s incumbent on the teams to help NASCAR grow the sport but it&#8217;s also incumbent on NASCAR to help teams be more viable.&#8221;<\/p>\n<p>In that same interview, he noted that there were 19 teams in the charter negotiations for the original 2016 deal, but only seven remain today. &#8220;That&#8217;s not good odds, you know? If there is a 50% chance of survival in your charter system, you probably need a new charter system.&#8221;<\/p>\n<p>Jenkins claims $60 million in losses since charters were introduced<\/p>\n<p>The questions continued from Lawrence Butterman, who is part of the firm defending NASCAR in this lawsuit. He tried to point out that Jenkins &#8220;would have made a decent amount of money&#8221; if he had sold his charters, which triggered an objection.<\/p>\n<p>When pressed if it would have been possible, Jenkins replied: &#8220;It&#8217;s not possible that I could recoup what I have spent on cars, and equipment, and people.&#8221;<\/p>\n<p>Jenkins claims that he lost $60 million since 2016, and over $100 million in his two decades as a NASCAR team owner.<\/p>\n<p>You can see other snippets from the Jenkins deposition here:<\/p>\n<p>\u00a0<\/p>\n<p>Read Also:<\/p>\n<\/p>\n<\/p>\n<p>            We want your opinion!<\/p>\n<p class=\"mt-auto\">What would you like to see on Motorsport.com?<\/p>\n<p>            <a href=\"#\" class=\"ms-link text-link font-bold\">Take our 5 minute survey.<\/a><\/p>\n<p class=\"mt-1 text-body\">&#8211; The Motorsport.com Team<\/p>\n","protected":false},"excerpt":{"rendered":"In a newly released deposition featuring Bob Jenkins, the owner of Front Row Motorsports, he reveals why he&hellip;\n","protected":false},"author":2,"featured_media":250956,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[446],"tags":[2074,49,48,117241,2073,634,3628,115603,82],"class_list":["post-250955","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nascar","tag-23xi-racing","tag-ca","tag-canada","tag-frm-owner-says-23xi-didnt-influence-him-in-refusing-to-sign-nascar-charter-deal","tag-front-row-motorsports","tag-nascar","tag-nascar-cup","tag-phoenix-ii","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/250955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=250955"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/250955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/250956"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=250955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=250955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=250955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}