Legacy Motor Club rumored to pay new record of $45 million for charter
Legacy Motor Club rumored to pay new record of $45 million for charter
Legacy Motor Club and Rick Ware Racing are currently feuding over a charter in the NASCAR Cup Series. On April 1, Legacy Motor Club issued a lawsuit against Rick Ware Racing, claiming the team is backing out of an agreement to sell one of its charters to the organization. However, what is the rumored price for the charter sale between the two NASCAR organizations?
According to The Athletic's Jordan Bianchi on Dale Earnhardt Jr.'s podcast, The Dale Jr. Download, the sale is rumored to feature a record breaking price for a charter in the Cup Series.
'I've talked to a lot of people involved in this. Do you know how much [Legacy Motor Club] paid [Rick Ware Racing] for the charter? $45 million, which would be a new high in this sport," Bianchi said. "The previous high was Spire Motorsports paying $40 million to BJ McLeod a few years ago, and we saw last year with Gene Haas when he was selling his charters with a fire sale. He basically just wanted to get rid of them. That number went down to the mid-20s. Now, $45 million seems like that's going to be the new floor for if you want to charter in this game, you're going to have to pay probably more than that.'
As said by Bianchi, the previous high for a charter sale was $40 million when Live Fast Motorsports, owned by B.J. McLeod, sold their prized possession to Spire Motorsports. If Legacy Motor Club and Rick Ware Racing were forced to move forward with the deal, that record would be $45 million now. Either way, it seems like the floor has been set for any purchases in the near future.
More: Dale Earnhardt Jr. calls out NASCAR Xfinity drivers at Martinsville in 2025
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