The king wants to make it clear: He has not sold his charter!

Charters are basically the membership card doled out by NASCAR that guarantees teams holding them a spot in every race during a given season. Petty, who holds two charters, was rumored to have sold the charter to the iconic #43. He tells that’s wrong.

“We’re leasing it,” Petty said. “We leased one last year and you can’t lease it for two years in a row, so we just changed it.”

NASCAR rules allow charter holders to lease their charters to other teams for one year. RPM leased the charter to the #44 car in 2017, but the rules say you can’t lease the same charter two years in a row, so RPM decided to lease the #43 charter to Rick Ware Racing. Does that mean the #43 can’t run next season?

“The #44 (charter) was leased last year and the #43 will be leased this year,” said Petty. “We will run the #43 car under the #44 charter. It’s all screwed up, politics I guess.”

Confused yet? It’s basically shuffling licenses so that the #43 will still be on the track. Bottom line, RPM hasn’t sold anything, and will line up come February in Daytona.

Richard Petty clears up rumors about selling his charters Jerry Markland / Stringer
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