Why Aren't Kelley & Dale Earnhardt Jr NASCAR Cup Owners Yet? Kelley Explains. 

Daddy didn’t raise no fool. Smart lady.

Kelley is a smart business woman. She is 100% correct, why pay for a charter if you really don't know what it's worth. Not good business sense right now.

JR. is so fortunate to have Kelly as his sister. She seems to be very informed and reasonable when it comes to business. Thanks for your channel, Kenny!

Kelly I admire you to the MAX your talent and knowledge is Wonderful. Dale Jr is SO fortunate to have a sister like you. Looking forward to another interview with you. ❤😊

She negotiated and manage Junior’s contracts from the very beginning. When Jr. sign with Hendrick motorsports, she did all the negotiations etc. Junior is on record of saying he was not involved and didn’t even know how much money the contract was for.

NASCAR used to pride itself on NOT being like other sports, and that used to be part of the appeal. Now all they want is to be just like other sports with charters and "playoffs". The late 80's thru early 2000's proved the formula that is right for stock car racing, however they start adding ingredients in an attempt to make it better and after a while it's a completely different product. Charters killed car counts. Used to be there were 50 cars showing up every weekend to attempt to qualify, now, the only cars in the field are basically the charter cars. They've made it impossible for the little guy who has the talent to build a car, drive the car, and work the sponsorships to be able to have a legit chance of ever succeeding. We will never see another story like Kulwicki, which something people love to see. Cars are all spec cars now, and you have to pay NASCAR and their friends to be able to even build a car. Playoffs ensure that no matter how hard you work and how well you do through 35 races, the final race is all that matters. TIts like back when Coke changed the formula..New coke failed because people didnt like it. NASCAR, we want our Old Coke back!

I have said this before and I will say this again, as long as the France family is in charge of NASCAR. There will be no permanent charter system. The France family is not willing to give up the amount of control that the owners would get if the charter system, which, in my opinion, has been flawed from the get-go and needs to be shelved.

That old saying..... "How to make a small fortune in racing.... Start with a big one"

Gotta Love Kelley ...

This is the best interview I have heard for quite some time. Thanks, Kenny. God Bless the Earnhardts. Their Dad will always #1 with me.

Time for the team owners to start their own racing series. The France family has had a monopoly far too long.

Kelley is very impressive! I could listen to her talk about business for days! NASCAR is like so many multi generation business, as they go on, they lose viability.

Oh My Gosh!!!! Such a great, informative and eye opening interview!!! Thanx Herm! I’m tryin to catch up on your vids!!! 🫶

I agree with her 100%. Dale has always seemed to be smart with his money and not reckless.

Dale Sr raised some pretty good youngins

The problem is that Nascar owns the charters. The NFL doesn't own any of the teams, MLB doesn't own any of the pro teams. Nascar doesn't want to give up "ownership" of the charters.

I want her as my financial advisor.

The Earnhardt name on a Cup team is worth 100's of millions... ? The sponsorship possibilities are greater then any other teams.

Dale Jr. and Kelley doing the right thing not to buy a charter and remain racing Xfinity series. The high cost of charters with low returns is a major obstacle to go up to the cup series. Glad they are doing their due diligence and making a lot of business sense. If the right conditions apply they will do it but right now its not the time and sense to do it.

Very informative video. I always hear about charters, but never really looked into how they worked. Kelly is superb with her words. She needs a business channel on RU-vid

I bet she has a brilliant pre nup agreement. :)

Why buy a charter when stage racing has had the numbers declining every year since its inception. She’s smart

I would love too see Jr stay in xfinity, that team is helping keep the series relevant. But I would love too see Jr buy a next Gen car and compete as an open car at big events!

Dale and Kelley would turn nascar , gold

Great interview!!! Love Kelley. Great Hard working lady. I would love to work with.

I love how great they're doing in Xfinity and I don't need to see them in Cup... But just one time I'd like to see them enter one car, one year in the Daytona 500!

I understand you 100% Kelly❤

She is always a smart Woman!

Very smart thinking puts things in perspective when it comes to all this charter stuff

Kelley has her head straight she understands business . Racing . And Nascar As a wise women she can separate emotions tyed to racing real logic. Might have something to do with her experience with Dad and Her brother

They have the gift of common sense.🙌🏻 Kelley is a badass period! Love her!!!

Great interview Kenny and Kelly !

Kelly is the smart one. Let's stay in JR MOTOR SPOTS Iam here to say that Iam a huge fan of Dale Earnhardt Jr..

Kelly is a straight up boss.

Love this woman. So smart

Good interview! 👍

You hit it right on the money Herman. @Nascar should be paying the families of the legends that got them to where they are today to use their names in any marketing materials. If they are already, is it significant ?

I think Kelly is the boss that most folks dream of working for. Wanting to know her people and working hard right along with them. Always great hearing her talk about the business.

Good video Kenny, as always

Always knew that Kelley is smart. She’s more than that. Very impressed.

Kelly is so smart, she and Jr knows how to make money

Great interview Kenny

We love kelley just like we do jr.

Because Kelly Earnhardt Miller is smart. And right about now shes probably tired of the media asking her that question.

Kenny! Love you man. The wages have to increse.

I’ve been in business for myself for 42 years and she’s a bright businesswoman! She’s taking something very complex and breaking it down to the most basic level. The Earnhardt name would bring megabucks from sponsors but she’s looking at the long term investment and return and there are too many extenuating circumstances to make it a viable business model.

While I'm no NASCAR fan anymore the Earnhardt's are using their heads because they are in business and know the wrong deal can sink what they have! Good luck to Kelly and Dale Jr.!

i like when she was talking to that one guy about charters recently and he's just sitting there with stars in his eyes like he was the last of the big time spenders.

It would be a blessing to work for the Earnhearts, they care about people.

Kelly is a very smart business lady

Feakin Sweet ! - that Lady got sum Smarts

If Kelly and Dale got dei ownership...they would have been very successful and jr would probably still be driving. Glad to have been alive to watch Jr

Hey Wallace, any thought to you, Rusty and Mike putting money together for a charter? You guys would make good owners. Old school racers! Wallace Racing.

Miss Kelley should be celebrated!! Not only among the racing community but in the business world. Buy a charter that there's no possible way to financially evaluate,,, and we all know that racing very, very seldom turns a profit. Yet they themselves are why the fans show up and they carry the vast majority of expendable assets... Great lady. 👍👍🏁

Damn Kenny, I knew Kelley is smart, but not that smart! Great interview.

If y'all get the rights to the #8 back would that be enough for you to look at a charter closer? I think investors would line up to part of Dale Jr. being a cup car owner

Fascinating

Coolest chick in Nascar

Someone is going to lose....but its not going to be NASCAR...

Kelley and Jr need to keep doing what they are doing. It is working!!!!!

I hear what you guys are saying. I’m mid fifties now. I own two house’s outright and live well, but still work my ass off. I no longer have the desire to invest in another risky business. I’ve done well enough, and taught my kids along the way, including teaching them how do do things. It’s time to relax a bit, at least that’s what I’m starting to tell myself.

Racing is awesome, the sanctioning league sucks!

Some day, the situation will be RIGHT. Until that time arrives, the Earnhardts aren't exactly hurting are they?

I understand exactly everything said ,BUT I think they're under estimating the Earnhardt fan base ,they put the 2 drivers in those cars that fans already know ,the fans will support, T shirts sales an merchandise sales will be @ an all time high ,an JR run a cpl races a yr ,there's no limit ,but yes 30-40 million to be worth nothing in 7 yrs is a big ouch

I hope to see Dale owning a Cup team before my times done

You go girl. Tommy russell

Start a new race league and all this stuff goes away.

Kenny, if they tried franchising their name, Theresa is bound to try and sue them. She did it to Kerry.

❤Kelley!

Kelley's dad would be so proud!

Well, me as a black aspiring driver for around a few decades now...x racing instructor outta Memphis. Never got the funding, but I have a billion dollar marketing plan...wish I could have a sit_down with these guys☕️😏before I finally start working my way into the sport...#greatinfo

Rick Ware has four charters that could be valued as high as $40 million each. That is insane.

How about NASCAR making ONE race per year being an OPEN race. Bring a car, qualify and you are in. No reduced purse for non-charter teams. Hell do it for Coke 600.

If Nascar knew what was good for them they would go under the table and give DEJ the money to buy their charter.. but that would make sense and as long as nobody found out it would help the whole deal other teams included.

This is great stuff very realistic truth

She is a badass

Who do the owners pay the Charter fee to?

So smart, always has been.

9:23 I think people would be interested in hearing it

If this were the boom years, yes. Now? No way. 4:50

Nascar charters are like GameStop stock, it doesn't have the fundamentals to follow and is only worth what someone will pay. Nascar teams don't make money so the only way to pay for those charters is to pay to play and take the loss on that or somehow amortize it over the 7 years and take a portion of the sponsorship money to pay it off by year.

I remember when when racing was just a hobby for most people then in drag racing in 1962 the factories got involved and the cost started climb....Now it is hard for a family of 4 to afford tickets and food at tracks today...You had a job thru the week and raced on the weekend...

I could be wrong, but it seems like NASCAR has devised a system that leverages a huge portion of any given teams sponsorship monies to NASCAR and teams are put in the same position as those who wrangle for broadcasting rights. X amount of dollars for X amount of years. It's about the France family business, not NASCAR as a sport.

The mistake is sports teams don't gain value. Only if getting a new stadium. Even if a new sponsor actual gain is marginal

Dale Sr raised a smart girl

I’m sure jr could write the check yesterday!

Impressive young lady.

I'm sure now that they have the8 back, Budweiser would give them a hundred million!

preach

Ah saw this yesterday.

Would it be wrong if each track says we have this many spots available and let them qualify to see who races

NASCAR needs to do something similar to the NFL. Share the T.V. revenue with the teams equally. They can then have a more solid business plan going forward.

I do agree if NASCAR wonts more fans give DALE EARNHARDT JR a discount I do agree..

Dale jr said the exact same thing a couple years ago on his podcast. Stating, I can’t spend 20 mil on a charter that really…is it worth that? Could it go up could it go down? And i still need another 20 million to run a team.

Why don’t Mike, Rusty & Herman own a Cup team?

I agree with Kelly. Imagine someone in their early 50’s who has been employed at the same place for 20 plus years,has 4 weeks of paid vacation every year as well as 5 paid sick days every year and a 401K walking away from that to go into self employment. It wouldn’t make any sense at that point in their life

JR MOTOR SPOTS #1 ALWAYS

Kelley knows how business works and she knows that the Charter model as NASCAR wants it doesnt make sense. She isnt to gambling.

Wow, she wants to be "able" to retire at 65. I was fortunate and retired a lot sooner than that....guess I just assumed they all had all the money they needed and were staying in the sport just because......I would understand that, as some people are not driven by money....maybe I just took what was said wrong. Great interview though!!!

Go sister 🇺🇸😎❤️