CONCORD, N.C. – The three-person National Motorsports Appeals Panel today removed the 25-point penalty to William Byron and the No. 24 team following the Sept. 25 race at Texas Motor Speedway. 

In its ruling, the panel amended the penalty to be a fine of $100,000 from the original amount of $50,000, with no loss of NASCAR Cup Series championship driver and owner points.

In a statement, Hendrick Motorsports said, "We respect the process NASCAR has in place and thank the members of the National Motorsports Appeals Panel for their time and effort."

Hendrick Motorsports will not appeal the decision. 

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Byron moves from 10th in the standings and 11 points below the cutoff line to seventh and 14 points above. That puts the 24-year-old driver in a transfer position to advance to the Round of 8 with one race left in the Round of 12. 

"It’s nice to be sure now," Byron said of his points position during a media availability on Saturday. "Kind of get past it all and just know going forward (where we are)."

The final race of the Round of 12 will take place on Sunday, Oct. 9, at 2 p.m. ET at the Charlotte Motor Speedway ROVAL with coverage on NBC, PRN Radio and SiriusXM NASCAR Radio (Channel 90). Byron has led a track-best 80 laps with a pair of sixth-place finishes at the 17-turn, 2.32-mile road course.

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