IndyCar on Monday finalized a charter system for 25 entrants that, while it pales in comparison to the contentious deal reached between NASCAR and its teams over their revenue sharing model, does give 10 open wheel organizations some guarantees.

Ten IndyCar Series team owners were awarded 25 Charters that set a valuation for teams and guarantees starting positions for all races except Indianapolis 500.

IndyCar has finalized a charter system for 25 entrants that pales in comparison to the contentious deal reached between NASCAR and its teams but does give 10 open wheel organizations some guarantees

The IndyCar Series has announced the establishment of the long-awaited charter system with 10 teams agreeing to the terms laid out. The new system will see charters for 25 entries in North America’s premier open-wheel racing series,