The financial terms of the agreement were not disclosed. However, all NASCAR Cup Series teams, including 23XI and Front Row, will be granted permanent (or "evergreen") charters.

Formula 1 commercial chief Bernie Ecclestone has agreed a $100 million settlement to end his bribery case in Munich, in a deal that was first reported on Saturday.A loophole in German law allows a defendant to pay to end a trial in particular circumstances. On Tuesday German prosecutors ruled that...