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NASCAR and two race teams settled an antitrust lawsuit, ending a nine-day trial.

As part of the agreement, NASCAR will grant teams permanent "evergreen" charters.

The teams got their “forever franchises,” which became known as “evergreen charters” during an antitrust trial that ended Thursday when the two sides agreed to terms regarding the future of NASCAR and the teams that race under its sanctioning flag.

The competing interests — NASCAR and the two race-team plaintiffs, 23XI Racing and Front Row Motorsports — issued a joint statement that included no terms, other than NASCAR’s decision to grant permanent charter status for the teams.

“The resolution reflects our shared commitment to maintaining a fair and equitable framework for long-term participation in A

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