Chip Ganassi sells entire NASCAR team to Trackhouse Racing - Motorsport 99 in the NASCAR Cup Series with Surez. Theres a lot of work to do for us at Trackhouse, but theres a lot of enthusiasm to do that work., Passing of the torch. Thats what I did, I said Im in a process where Im looking at opportunities to grow in this space and to create a great future for Trackhouse and that includes charters and potential acquisition of an entire operation, is that a conversation that youd be interested in having then Ill fly up to Pittsburgh and well have an adult conversation about it? Busch is competing in all three national series races this weekend at Las Vegas. He took me to lunch this week and gave me the confidence I needed this weekend.". Copyright 2023 Trackhouse Racing. I want to thank Chip his executive team and working with professionalism, candor and diligence through this whole process, which has happened pretty quickly, Marks said Wednesday. Trackhouse Racing Trackhouse Racing is owned by Trackhouse Entertainment Group, a joint venture between former NASCAR Cup Series driver Justin Marks and rapper Armando Christian Pitbull Perez. Further, it has appointed Ty Norris as the president of operations. Trackhouse Racing a division of Trackhouse Entertainment Group fields the Nos. ET on FS1). 99 Chevrolet, will continue with the organization. The deal will be completed following the 2021 Cup season. Busch will be joined on the front row by rookie Nick Sanchez (177.608 mph). Of course, he has our full support, and well provide any resources he needs. Specifically, Trackhouse Entertainment Group, Marks Nashville-based ownership group, announced Wednesday that it purchased Chip Ganassi Racings two-car NASCAR team. Marks said that both of Ganassis current Cup drivers, Kurt Busch and Ross Chastain, would be considered for the teams second 2022 seat alongside Trackhouses Daniel Suarez. On May 22, Surez won the NASCAR Open for the second time in his career, which earned him a place in the All-Star Race where he finished fifth. Team Owner, Justin Marks. ET. Marks said of the initial contact with Ganassi:I thought about it for a few weeks before I worked up the courage to just do it. Team Partner, PitbullArmando Christian Prez. Neither Chastain nor Suarez has reached Victory Lane during their Cup Series careers. Daniel Suarez, TrackHouse Racing, Chevrolet Camaro CommScope, Ross Chastain, Chip Ganassi Racing, Chevrolet Camaro McDonald's, Photo by: Matthew T. Thacker / NKP / Motorsport Images. [24] Trackhouse aligned with Richard Childress Racing as an engine provider for 2021 as well as operating on RCR's campus in Welcome, North Carolina. Chastain came aboard as Trackhouse Racings second driver when the company purchased Chip Ganassi Racings NASCAR operations in June 2021. @TeamTrackhouse https://t.co/tRVZux0lbP, James Hahn (@JamesHahnPGA) January 22, 2022, We are identifying athletes and influencers in all genres of sports and entertainment to expand audience awareness of Trackhouse, Marks said in a statement. Trackhouse Entertainment Group Announces Marketing Partnership - UFC Trackhouse Entertainment Group has purchased Chip Ganassi Racing's entire NASCAR Cup Series operation. After Leavine Family Racing announced the sale of its assets in summer 2020, former NASCAR Cup Series driver and former World of Outlaws and K&N Pro Series East team owner Justin Marks placed a bid on the sale. The organization fields two full-time Chevrolet Camaro ZL1 cars: the No. Trackhouse Entertainment Group To Sponsor Shane Stewart For Knoxville Gracias papo https://t.co/w0yhRsE2Xg, Daniel Surez (@Daniel_SuarezG) June 21, 2021, Chip Ganassi Racing has been fielding Cup Series cars since the 2001 season and has earned 14 wins so far, including a team-high of four in a single season from Kyle Larson in 2017. Tony Stewart Joins FOX Sports Broadcast Booth on Limited Schedule. He was interested in hearing what I had to say. New asphalt blamed for incidents in St. Pete practice, The ex-F1 driver taking on NASCAR with a new team, Marques on taking on NASCAR The company's . However, Marks said Wednesday that Busch and Chastain are still the top options for Trackhouses second car in the 2022 season. 99 for Daniel Surez. Chip Ganassi Racings IndyCar teams are not involved in the deal. Trackhouse Entertainment Group | 1,707 followers on LinkedIn. NASCAR 2023 at Las Vegas schedule, entry list, and how to watch, Remembering Alan Kulwicki: NASCAR's tragic maverick champion, Remembering Alan Kulwicki: NASCAR's tragic maverick champion Crews suited up against hundreds of other competitors and turned heads throughout the competition, including drawing praise from championship-winning crew chief Rodney Childers. He was perfectly happy with the outcome of the race, NASCAR reports. In January 2021, Pitbull stepped up to the plate. Am I going to do this for 10 more years or something? I just think we seem to be in a period of time where theres some movement going on, some new, fresh young blood coming in. The purchase carries some personal emotions for Marks, who told of how Chip Ganassi Racing has been a big part of his life and racing career. How NASCAR is gearing up for its "biggest change" in 2022, Why Bubba Wallaces Talladega win is such a big moment for NASCAR, Why Wallaces win is huge for NASCAR In October of 2020, Trackhouse announced it would field the No. His best result this season is fourth in March at the Bristol Motor Speedway dirt race. Partnering with someone like Dana is what this Trackhouse mission is all about, said Marks who brought in entertainer Pitbull as a team partner last year as part of its off-track effort to expand the sports fan base beyond its normal demographic. Hell compete in the Xfinity Series on Saturday and the Cup race on Sunday. Ganassi explained that he has no intentions of leaving racing and that he didn't even intend to sell the NASCAR team. NASCAR Friday schedule at Las Vegas - NASCAR Talk | NBC Sports [3] At that time, Marks had yet to strike a formal alliance with any manufacturer or team, but already had one potential sponsor lined up. "A Chorus Line" is a musical that follows a group of performers as they audition for spots on a Broadway chorus line. Daniel Suarez, who currently drives Trackhouses No. Thrilled to be representing the Trackhouse brand. Generally, its been a positive thing. Cole Custer (182.500) qualified third. Trackhouse Entertainment Sponsors PGA Golfer | Heavy.com We are creating and compelling a movement of positivity and possibility, using the platform and excitement of sports and music.. [6] On January 15, 2021, it was announced that Armando Christian Prez, better known by his stage name Pitbull, had assumed an ownership role in the team. Marks created the Trackhouse Cup Series team in 2020 after he lost a bid to purchase the Leavine Family Racing team, which eventually sold to Spire Motorsports. Cat# Artist Title (Format) Label Cat# Country Year; 82876850842: Frankie J. He said current Ganassi drivers, Kurt Busch and Ross Chastain, would be on that list. The company's filing status is listed as Current-Active and its File Number is 1943087. The ex-F1 driver taking on NASCAR with a new team, The early benefits and challenges of NASCAR's Next Gen car, Pros and cons of Next Gen Cup car No financial details of the transaction were revealed. We want to transcend our sport, work with innovative minds and powerful brands, and Dana White, along with Howler Head and UFC exemplify that. Trackhouse Founder Justin Marks said the partnership with Hahn is an effort to align the Trackhouse brand with athletes and personalities in other sports. Which I was lucky enough to be able to do. Trackhouse Entertainment Group, which fields Trackhouse Racing in the NASCAR Cup Series, has branched out. How Marcus Ericsson finally unlocked his potential in IndyCar, F1 Bahrain Grand Prix qualifying Start time, how to watch, channel, F1 Bahrain Grand Prix qualifying Start time, how to watch, channel ET Friday. It owns. Ganassi said in a statement: I can honestly say that my NASCAR team was not for sale. Trackhouse Entertainment Group, LLC in Mooresville, NC | Company Info Marks founded Trackhouse Racing last year and entered Cup Series competition with a one-car operation for the 2021 season where they have impressed and remain in contention for a playoff spot.. He was scheduled to undergo surgery Friday night. Berry, who drives for JR Motorsports in the Xfinity Series, will be making his third career Cup start. Justin (Marks) simply came to me with a great offer and an even better vision. Trackhouse Entertainment Group Announces PROJECT91 Program It was when the Leavine Family Racing put up the team for sale in 2020, Justin Marks grabbed the . Nemechek finished 31st. The second driver will be named at a later date. Hendrick Motorsports has scheduled a press conference for 12 p.m. Ganassi said his team was not on the market, but Marks first approached him less than a month ago with a proposition to acquire the team. Trackhouse, which holds a technical alliance with Richard Childress Racing, has had a respectable first Cup season. 99 Chevrolet as the teams first driver. Daytona winner Zane Smith qualified seventh at 175.844 mph. Justin simply came to me with a great offer and an even better vision., In a press conference Wednesday at the NASCAR Hall of Fame in Charlotte, North Carolina, Marks said he first talked to Ganassi two months ago and discussions progressed quickly. "Weve had a great working relationship and it helps in anything you do in life with Chip to have won for him! The Project91 Collection. I look at my 20 years and say, Hey, Im 63 years old. Since the season-opening Daytona 500, Surez has posted one top-5 finish and three top-10s, and hes currently 18th in the driver standings two spots removed from the projected playoff lineup with seven regular-season races remaining. Elliott finished second last weekend at Auto Club Speedway. The cars of Custer, Berry, Sheldon Creed, Busch, Brandon Jones and Gray Gaulding will go to the rear for using backup cars. The company also sponsored a promising driver during the 2022 Lucas Oil Chili Bowl Nationals. About Us - Trackhouse Racing Justin simply came to me with a great offer, and even a better vision for racing. Related Articles - Taglich Private Equity Acquires Vortech Superchargers - Chevrolet Reveals Corvette Z06 GT3.R for 2024 Competition - Edelbrock's Smitty Smith Dies at Age 70 Collections - Trackhouse Entertainment Group Being at this moment right now, it does truly feel like just another part of a great motorsports story, Marks said. Ganassi, who was also at the Hall of Fame for the announcement, emphasized that even though hell be stepping away from NASCAR, he was bullish about its future and its influx of new team owners like Trackhouses co-owners Marks and musician Pitbull. Ive felt best about what Justin was saying about our team and our people going forwards, and thats important to us. All eyes in the NASCAR world are on the Trackhouse Racing team as its drivers get closer to their first NASCAR Cup Series victory. Along with expanding to two cars, the racing team will operate out of a new facility during the 2022 season after taking over CGRs old stomping grounds. 99/1 Trackhouse Hoodie. NASCAR will open the 2022 season inside the Coliseum in one of the biggest shake-ups to its schedule in years. Sign up for the Trackhouse newsletter! Howler Head is the official flavored whiskey partner of UFC. Please check your email for a confirmation. Vinyl and CD 1 - 3 of 3 . It owns Trackhouse Racing, a two-car NASCAR Cup Series . Official Trackhouse Racing Team Store Reach out to the author: contact and available social following information is listed in the top-right of all news releases. Chip has built an iconic motorsports empire and the Ganassi brand is globally recognized as a winner in the auto racing industry.. The deal was finalized about a week ago, they said. Thats obviously a part of it.. "Weve had a great working relationship and it helps in anything you do in life with Chip to have won for him! While Hahn will take on the PGA Tour and represent Trackhouse Entertainment Group, the companys NASCAR Cup Series team will take on a different challenge. The first collaboration of this partnership was announced earlier today as Whites Howler Head Kentucky Straight Bourbon Whiskey will serve as primary sponsor of Chastains Chevrolet Camaro in the Clash at the legendary Los Angeles Coliseum on Sunday. The 2022 race will be held two weeks before the Daytona 500. The NASCAR driver-turned-entrepreneur owns the GoPro Motorplex near Charlotte, N.C. His family foundation used investment capital to fund 50 percent of the teams operational budget for the first year, reports Sports Business Journal. The company has announced a sponsorship with PGA golfer James Hahn. NASCAR: Daniel Suarez confirmed at Trackhouse Racing Team - Beyond the Flag Kyle Busch, who started on the pole, led 84 of 134 laps to win Friday nights NASCAR Craftsman Truck Series race at Las Vegas Motor Speedway. The company has announced a sponsorship deal with PGA golfer James Hahn. 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Trackhouse Entertainment Group | LinkedIn 18+, UK residents only, T&Cs Apply, Gamble Responsibly, Pitbull sees his NASCAR ownership as "a higher calling". Trackhouse announces PROJECT91 venture | NASCAR The vehicle featured the massive Trackhouse Racing logo on the sides, as well as a smaller version on the rear. "Im excited to be a part of it and my two favorite things are fast cars and Howler Head. Neither Trackhouse nor Chip Ganassi Racing made the financial terms of the deal public, but Ganassi will transfer all of its assets to Trackhouse Racing immediately following the 2021 Cup Series season. Fox will televise six hours from the Coliseum on Sunday beginning at 3 p.m. The #99 Collection. pic.twitter.com/JSe7jsXwPY, Trackhouse Racing (@TeamTrackhouse) June 30, 2021. Edit Label ; Data Quality Rating: 3 submissions pending; Share. Trackhouse Racing is in its debut season with Surez behind the wheel of the No. Ganassi, PNC announce 2023 Women In Motorsports internship class, Cadillac excited by three-pronged attack on Le Mans 24 Hours, Cadillac excited by Le Mans return In 2020, Marks founded the NASCAR Cup Series Trackhouse Racing Team. Chip Ganassi Racing will maintain its current programs in the NTT IndyCar Series, IMSA WeatherTech SportsCar Championship, and Extreme E. Those programs are based in Indianapolis. The historic Coliseum is home of the University of Southern California football team and seats 77,500. Trackhouse Entertainment Group Forms NASCAR Cup Series Team, Speedway Motorsports Announces Five Promotions, Chip Ganassi Racing Announces Women In Motorsports Internship Class, Business Owner, Former BendPak VP Gary Henthorn, 52. I must say our team was not for sale, Ganassi said. Im so excited that well be making our first NASCAR appearance this weekend. Suarez has earned three top-10 and nine top-15 finishes. Marks said that both of Ganassis current Cup drivers, Kurt Busch and Ross Chastain, would be considered for the teams second 2022 seat alongside Trackhouses Daniel Suarez. On January 9, 2023, a consortium consisting of Trackhouse, DEJ Management, Jeff Burton Autosports, Inc., and Kevin Harvick Incorporated purchased the CARS Tour. 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Trackhouse Entertainment Group has announced the formation of a new NASCAR Cup Series team that will make its on-track debut at the 2021 Daytona 500. In order to keep delivering our expert journalism, our website uses advertising. Trackhouse Racing to Raise STEM Awareness with CommScope Ignition Track House Entertainment [l650394] Label . Trackhouse Entertainment Group is a sports and entertainment enterprise founded by Justin Marks based in Nashville, TN with plans to marry the cultures of music and motorsports. Theres a lot of new blood in NASCAR and they all seem to be bringing a new perspective and, more importantly, a new vision. Why Bubba Wallaces Talladega win is such a big moment for NASCAR. [20] Two days later, it was announced that former Formula 1 World Champion Kimi Rikknen would be driving the No. Genre. I can honestly say that my NASCAR team was not for sale. In the race on March 6, Chastain almost won his first NASCAR Cup Series but ended up finishing third. [21] Rikknen finished 37th after crashing on the tire barrier past the bus-stop chicane on lap 45.[22]. Through a contribution from the Marks Family Foundation, as well as support from the teams partners, Trackhouse will design and execute an immersive STEM education initiative aimed at exposing underrepresented youth to career opportunities in Science, Technology, Engineering, and Mathematics. Trackhouse Entertainment Group Founder Justin Marks and entrepreneur Dana White today announced a marketing partnership formed to create growth for both entities and alignment on common initiatives in sports, entertainment and sponsorships. Trackhouse is a sports and entertainment brand rooted in racing, bringing a fresh approach to NASCAR, sports and entertainment. This is an absolute badass car, and I cant wait to see it compete on the track at the Coliseum on Sunday.. For over 20 years, Justin has competed as a professional driver and winner in both NASCAR and the International Motor Sports Association (IMSA). NASCAR: Trackhouse Racing announces it's acquiring Chip Ganassi Racing Marks put up much of his own money to get the team off the ground.
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