1 Trackhouse Racing co-owner Justin Marks announced Wednesday that his Trackhouse Entertainment Group has purchased Chip Ganassi Racing's NASCAR operation. Trackhouse will be powered by ECR Engines, which recently announced a merged research and development partnership with Chevrolet powerhouse Hendrick Motorsports. The deal will be completed following the 2021 Cup season. [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. Trackhouse Racing the NASCAR Cup Series team co-owned by international superstar Pitbull and Justin Marks is expanding big time. The second driver will be announced at a later date. Sign Up For The PRI eNewsletter to get the latest in racing industry news, special events, new product information and more directly to your inbox. The race will be inside the stadium on a temporary, quarter-mile, asphalt track. Trackhouse Entertainment Group founder and owner Justin Marks announced the formation of a NASCAR Cup Series team in October 2020 for the 2021 season and beyond. 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. "Im excited to be a part of it and my two favorite things are fast cars and Howler Head. Since expanding into NASCAR in 2001, Chip Ganassi Racing has earned 19 Cup race wins. 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. 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. Trackhouse Entertainment Group announced the news on January 21 with a press release. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Las Vegas Xfinity starting lineup: Chandler Smith wins pole, Las Vegas Truck starting lineup: Kyle Busch wins pole, who has said he hopes to relocate his team to Nashville, Tennessee, as early as 2023, a rainy NASCAR Xfinity Series race at Mid-Ohio. Trackhouse Entertainment Group To Sponsor Shane Stewart For Knoxville Chase Elliott suffers leg injury, will miss Vegas NASCAR Cup race, New asphalt blamed for incidents in St. Pete practice, New asphalt blamed for incidents in St. Pete practice Its a brand that seeks to unite people, inspire through storytelling, and invest in great experiences. That made it a little bit more palatable, sure., Chip Ganassi: Im out of NASCAR but still heavily involved in motorsports, Why Chip Ganassis NASCAR exit is a sign of the times, Buescher: Vegas a "good test to see where we stack up", RFK's fight to return to the top CGR will continue with their IndyCar, IMSA and Extreme E race teams while stepping away from NASCAR. ET Friday. [20] Two days later, it was announced that former Formula 1 World Champion Kimi Rikknen would be driving the No. You reflect on 20 years of being in a particular business, in a particular sport, theres been good things and bad things when you look back on it. With his net worth estimated at about $7 million, Marks easily had the funds to start Trackhouse Racing. "He was willing to listen to what I had to say because weve worked together in the past," Marks added. [2] Marks aimed to be an unconventional team owner, with plans to use his team ownership platform as an advocate for STEM education. On this Wikipedia the language links are at the top of the page across from the article title. 99/1 Trackhouse Hoodie. 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. I am proud that in just a few months, we are here announcing a partnership with one of the most influential and recognized artists in the world, Marks told NASCAR. 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. About Howler Head It was when the Leavine Family Racing put up the team for sale in 2020, Justin Marks grabbed the . Team Owner, Justin Marks. The organization fields two full-time Chevrolet Camaro ZL1 cars: the No. How NASCAR had to learn a harsh lesson ahead of Next Gen arrival, How Larson took the long way round to NASCAR Cup glory, Larson's long way round to Cup glory Trackhouse Entertainment Group Announces PROJECT91 Program ET. That made it a little bit more palatable, sure., Chip Ganassi: Im out of NASCAR but still heavily involved in motorsports, Why Chip Ganassis NASCAR exit is a sign of the times, Buescher: Vegas a "good test to see where we stack up", RFK's fight to return to the top The annual exhibition, the Clash, held at Daytona International Speedway since 1979, previously served as the kickoff to competitive NASCAR racing and was held the week before the season-opening Daytona 500. Piloting the No. 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. Daytona winner Zane Smith qualified seventh at 175.844 mph. TrackHouse Productions | Atlanta GA - Facebook The Trackhouse Racing Team has also entered into an embedded operational alliance with Richard Childress Racing, enabling Trackhouse to utilize the technology, intellectual property, human capital, and engineering. 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 He will be joined on the front row by Justin Allgaier (182.778 mph). Elliott suffered an injury to his left leg while snowboarding Friday in Colorado, the team stated. Justin Marks' Trackhouse Entertainment Group has raised seven figures in private equity to launch a new division called Trackhouse360 that is aiming to become a content and event powerhouse focused on American racing.Comparing his ambitions to what Barstool Sports has built up with its various shows, owned sporting events and merchandise lines, Trackhouse360 is going to have a similar aim . 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. This process took several weeks and I want to thank Chip for being so open and candid with me every step of the journey, Marks said. White is president of UFC, the worlds premier mixed martial arts organization, and Marks is a racing entrepreneur who founded Trackhouse Entertainment Group and its racing division Trackhouse Racing that began competition in 2021. May 24, 2022 at 11:13 AM Trackhouse Entertainment Group today announced the creation of PROJECT91, a program designed to expand its international reach by fielding a NASCAR Cup Series entry for renowned international racing drivers. All eyes in the NASCAR world are on the Trackhouse Racing team as its drivers get closer to their first NASCAR Cup Series victory. Marks and his father were at the 1996 Laguna Seca Indy-car race where Ganassi driver Alex Zanardi made his famous pass in the Corkscrew to win, while Zanardis teammate, Jimmy Vasser, clinched the CART championship. The deal will be completed following the 2021 Cup season. The Athletic reported in May that 23XI Racing another new NASCAR team owned by Michael Jordan and Denny Hamlin with Bubba Wallace driving the No. Looking forward to representing them on the course in 2022! In October of 2020, Trackhouse announced it would field the No. The second driver will be announced at a later date. Which I was lucky enough to be able to do. He won PGA Tour events in the 2015 Northern Trust Open and the 2016 Wells Fargo Championship. 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. The former CGR driver has come close with three top-five finishes, headlined by a second-place finish at Nashville Superspeedway in 2021. ET Saturday. We want to transcend our sport, work with innovative minds and powerful brands, and Dana White, along with Howler Head and UFC exemplify that. Who had a bad race:John Hunter Nemechek and Hailie Deegan were involved in a crash on the final lap of the second stage. Discussions began between Trackhouse team owner Justin Marks and Ganassi roughly two months ago. James Hahn will become a sponsored Trackhouse athlete. The race is scheduled to take the green flag at 9:13 p.m. With seven regular season races left, he is 48 points behind Busch for the final playoff position. However, Marks said Wednesday that Busch and Chastain are still the top options for Trackhouses second car in the 2022 season. Trackhouse Racing, a division of Trackhouse Entertainment Group, was founded in 2020 by Marks, who established the company's headquarters in Nashville, Tennessee. Trackhouse will field two cars in 2022 with current driver Daniel Suarez confirmed as one of them. All rights reserved. Marks, who has said he hopes to relocate his team to Nashville, Tennessee, as early as 2023, said that Trackhouse will operate out of Chip Ganassi Racings shop in Concord, North Carolina, in 2022. 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 Trackhouse Racing is a professional stock car auto racing organization that currently competes in the NASCAR Cup Series. [26] With a total of four top-10 finishes, Surez finished the 2021 season 25th in points. [19], On May 24, 2022, Trackhouse announced the creation of Project91, a part-time entry that aims to put international drivers behind the wheel in the Cup Series. pic.twitter.com/JSe7jsXwPY, Trackhouse Racing (@TeamTrackhouse) June 30, 2021. He also won the 2012 Rex Hospital Open (Web.com Tour), the Telus Edmonton Open (Canadian Tour), and the Riviera Nayarit Classic (Canadian Tour). For more information, visittrackhouse.com. Trackhouse Racing to Raise STEM Awareness with CommScope - Yahoo! Trackhouse Entertainment Group has purchased Chip Ganassi Racing's entire NASCAR Cup Series operation. Specifically, Trackhouse Entertainment Group, Marks . 99 Chevrolet Camaro ZL1 1LE will be the 2016 NASCAR Xfinity Series champion and NASCAR Cup Series veteran Daniel Suarez. $35.00. However, he was still looking for a sponsor to help fund the team. Chandler Smith scored his first career Xfinity pole, posting the fastest lap in Friday nights Xfinity Series qualifying session at Las Vegas Motor Speedway. Further, it has appointed Ty Norris as the president of operations. Christian Eckes finished third, giving him finishes of sixth or better in the first two races of the season. You reflect on 20 years of being in a particular business, in a particular sport, theres been good things and bad things when you look back on it. Justin Marks' Trackhouse Racing buys Chip Ganassi's NASCAR operation Jake Garcia was the top-finishing rookie, placing 10th. 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. We will use these relationships to create even more value for all of Trackhouses partners.. "James is a quality person and [] Official Trackhouse Racing Team Store Powered by. In order to keep delivering our expert journalism, our website uses advertising. [15] At the 2022 NASCAR All-Star Race, Chastain finished 22nd after going airborne from colliding with Kyle Busch, taking Chase Elliott out in the process. CONCORD, NORTH CAROLINA 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. Within the first 10 minutes of our first meeting, it was clear Armando, and I share a vision and passion for impacting the lives of the underrepresented. 99 Chevrolet, will continue with the organization. As an owner, he's won three championships and over 30 career wins in the NOS Energy Drinks World of Outlaws Series. Copyright 2023 Trackhouse Racing. Justin Marks, founder of Nashville-based Trackhouse Entertainment Group, announced Wednesday he has purchased Chip Ganassi Racing's NASCAR operation. Thrilled to be representing the Trackhouse brand. Hell compete in the Xfinity Series on Saturday and the Cup race on Sunday. Buescher: Vegas a "good test to see where we stack up", NASCAR 2023 at Las Vegas schedule, entry list, and how to watch, NASCAR 2023 Las Vegas how to watch [28] Surez was eliminated in the Round of 12 after finishing 36th at the Charlotte Roval. Trackhouse Racing unveiled on December 20 the blue and white No. He now co-owns the team with rapper Pitbull. Elliott finished second last weekend at Auto Club Speedway. How Penske's rookie sensation opened NASCAR's new era in style, Six key themes to follow in the 2022 NASCAR Cup season, Six key themes to follow in 2022 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. Start Your Free Trial *Contacts and Principals counts are estimates and may differ from the actual number of contacts available in D&B Hoovers. [4] He had also yet to purchase any equipment. Generally, its been a positive thing. But on the discussion of drivers, thats where were going to start with those two.. Daniel Suarez served as the lone driver during the inaugural campaign in 2021, and he finished 25th in points in the No. Justin Marks is a former NASCAR Cup Series driver turned entrepreneur. The early benefits and challenges of NASCAR's Next Gen car, How Penske's rookie sensation opened NASCAR's new era in style, How Cindric won the Daytona 500 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. The team will operate out of CGR's Concord, North Carolina race shop and continue to use Hendrick/ECR engines.
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