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!

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.

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.

Daddy didn’t raise no fool. Smart lady.

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"

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!

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.

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.

Dale Sr raised some pretty good youngins

Kelly is a straight up boss.

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

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

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!

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

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.

Good advice at the end Herm, why would you want a cup team, when everything is going well! Good luck to Jr and Kelly!

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 KZfaq

Dale and Kelley would turn nascar , gold

I want her as my financial advisor.

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.

Nascar should bring back the old days. When they ran in Atlanta, Ga. We took our whole family to both races. Usually there was 20 of us. We would spend from Friday thru Sunday at the track. We loved all the souvenir trailers. When Nascar took over that they drove up the prices up to the highest amount. Even the race drivers would show at the trailers that made the fans want to spend more money. Please bring back the old Nascar.

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.

She is a badass

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

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.

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

Great interview! I am trying to understand what’s going on with NASCAR and these charters, this video helped a lot. Thank You, Ric

We love kelley just like we do jr.

Great listening to Kelley, super sharp! If margins can't be measured, you're gambling.

She broke it down - I finally - FINALLY - get it! Kenny, thank you and Kelley thank you!!! Real talk, real life and real money!

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

She’s a smart woman. I grew up about 45min from mooresville NC. Her accent makes her feel so relatable even though she’s worth more than myself and what 100 other folks I know would make in a lifetime. I wish her and Dale all the success because they really work hard and it seems like they haven’t taken any of this for granted

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!

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

I understand you 100% Kelly❤

Great interview Kenny and Kelly !

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

Good interview! 👍

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

Thanks For More Insight ..

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

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..

Great interview Kenny

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

Good video Kenny, as always

Love this woman. So smart

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

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. 👍👍🏁

She is always a smart Woman!

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

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 ?

Kelley is an old chip off her dad he was a savy mined man wished Kelly nothing but the best ❤love you girl and stay strong good things happen to good people 😊

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.

Fascinating

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.

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.!

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

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

Nascar need you guys with the big names to make them act right or take all u legends start ur own Nascar company I'm with u guys kenny I'm from the lou

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

Feakin Sweet ! - that Lady got sum Smarts

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.

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

The charter system is not only based on supply and demand, but the current state of Nascar in terms of fielding cars. Roughly 36 cars are filling the field every week, meaning there are 4 open slots available. You could safely run a team for the next several years and rarely if ever face the possibility of not making it into a race. People ares still making decisions based on a time when well over 40 cars were showing every week to attempt to make it into the race based on qualifying. If They wanted to, they could pit together a cup team and not even need a charter for next season, and see how things level out. It's a gamble, but i don't think it's necessary to buy a charter yet.

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.

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

Kelly is a very smart business lady

This is good one. Kelly is right. I think they should stay in infinity series.

She is brilliant when it comes to the business side of racing and makes it work. She is correct why they should buy a charter with no idea what the value is when the deal expires end of this year. In the background Honda has made it clear they are entering nascar and their "preferred" partner is JRM, even with honda money they wont buy one until its all sorted out and could make those that just spent $30-40M for one look really foolish

They should have a system where you can buy a charter or just start your own team from ground up. NASCAR pretty much provides the parts now, so, just as long as you have the money to buy parts, doesn't matter how much they say it would actually cost for a charter.....

Kelly why don’t you and Jr try and buy DEI and open it back up for your fans to go thur again put some of Jr cars in there too

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 think I understand the situation with Dale and Kelley. They could spend the money for the Charter system but at the end of the day( or years) is the value of the charter system going to hold up. For me the shocker is when Stewart-Haas decided to throw in the towel at the end of 2024. Even as successful as they were on the track side evidently the charter system was not holding onto the value that they were told it would have or is having. I think I understand the hesitancy that Jr. and Kelley have had in the charter system up to this point. It is enough to make you want to spin your head right off your spine. I love the sport but it does make you a little sad that more of the teams are not making the money that we thought that they could be making.Maybe they should overhaul the system. Thanks Kelley for helping a fan see the things the way they actually are. We love the sport but as me just a being a fan will never know or understand the business model of NASCAR. Maybe that may be true for any professional sports TEAM!

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

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

This is why, Kelley is one of the smartest financial people in NASCAR. Why for some reason they (NASCAR) are still trying to make the rules and figure out all these years later boggles my mind. Maybe it’s me, but they had this figured out to some extent in the 2000’s… or at least much better today. I think all the rules changes and sponsors for the cup series drove many of the common fans away… not the diehard ones but the average fans. They’ve made it difficult for the teams, rules, even aspect like the points/championship, fun parts - like modifying cars… some parts are structured while others are in unknown categories… just my take as an average fan.

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

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

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

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

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

Kelley's dad would be so proud!

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.

With her and Jr's smarts and collections, they sould put together a team/car and go racing without a charter. I'd bet they wouldn't have trouble getting sponsers or qualifying. (Put it to 'the Man'.) Looks good on paper. :)

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...

Who do the owners pay the Charter fee to?

You go girl. Tommy russell

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

And this is why she runs the show!!!

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.

Coolest chick in Nascar

Racing is awesome, the sanctioning league sucks!

I believe the Earnhardt and Andretti team is a thing

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.

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.

So smart, always has been.

This was a problem i seen coming with the charter system from the start. Needs to just go back to the old way where its 43 spots and you must qualify in on time/under the old provisional rules. The only way the charter system can ever work from here on out is the way Kenny mentioned so that buy in is equal across the board.