NASCAR expected to announce charter system Tuesday

NASCAR will hold a press conference Tuesday afternoon at 1:30pm with NASCAR CEO Brian France where they are expected to announce the details on a new charter system for Sprint Cup teams. The agreement is expected to guarantee a certain number of starting spots in the field to certain owners and shrink the race field to 40 cars. The system would provide owners with additional revenue and give them more value for their teams. The press conference will be shown online at NASCAR.com.