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Who Owns Trackhouse Racing?

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The NASCAR Cup Series is the top racing series in North America and one of the most popular sports in the United States. Trackhouse Racing is a new team that will be competing in the 2021 season. The team is owned by Justin Marks, who also owns Chip Ganassi Racing’s Xfinity Series team. Marks is a former driver who competed in the NASCAR Camping World Truck Series and the Indianapolis 500. He has also served as a driving coach and spotter for several teams.

Marks decided to start his own NASCAR team after he was unable to find sponsorship to continue racing himself. He started Trackhouse Racing with the goal of providing an opportunity for young drivers to compete at the highest level of motorsports. The team’s first driver will be Tyler Reddick, the reigning NASCAR Xfinity Series champion.

The current ownership structure of the company

  • Justin Marks (51%)
  • Jay Robinson (24%)
  • Premium Motorsports, LLC (24%)

The team plans to run two full-time cars in the 2021 NASCAR Cup Series season. The drivers for the team have not yet been announced.

Recent changes in the company’s management team

In October 2020, Justin Marks purchased a majority stake in Premium Motorsports from Jay Robinson. This gave him the charter that Premium Motosports held for the 2021 season. With this purchase, Trackhouse Racing became a full-time NASCAR Cup Series team.

Marks is the current owner and CEO of the team. He is also the owner of Chip Ganassi Racing’s Xfinity Series team. Marks is a former driver who competed in the NASCAR Camping World Truck Series and the Indianapolis 500. He has also served as a driving coach and spotter for several teams.

The team is based in Charlotte, North Carolina, and its cars will be prepared by Richard Childress Racing. Trackhouse Racing has partnerships with several companies, including Bass Pro Shops, Coca-Cola, and Mobil 1.

Plans for the future under new ownership

Under Justin Marks’ ownership, Trackhouse Racing has big plans for the future. The team plans to run two full-time cars in the 2021 NASCAR Cup Series season. The drivers for the team have not yet been announced.

In addition to running a competitive NASCAR team, Trackhouse Racing also has a driver development program called Trackhouse University. This program is designed to help young drivers learn everything they need to know about racing at the highest level. The program will be led by Tony Stewart, a three-time NASCAR Cup Series champion.

Trackhouse Racing is committed to making an impact on and off the track. The team works with several charities, including Speedway Children’s Charities and Make-A-Wish Foundation.

The team’s goal is to build a championship-winning organization that provides opportunities for young drivers and makes a positive impact on the community.

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