Did Michael Jordan buy an existing Nascar team?

Michael Jordan made a big splash in September by teaming up with Denny Hamlin to buy a NASCAR Cup Series team that will feature Bubba Wallace as the driver. … With the release of a logo, the team name will certainly be 23XI Racing and Wallace will drive a car with Jordan’s famous No. 23 on it next season.

Did Michael Jordan buy into a NASCAR team?

Following years of watching the sport, Michael Jordan finally chose to take the ownership route in NASCAR. Jordan teamed up with longtime driver Denny Hamlin to create 23XI Racing for the 2021 season.

What team did Michael Jordan buy in NASCAR?

Jordan has joined forces with defending Daytona 500 winner Denny Hamlin to co-own a new race team, 23X1 ― with a nod to Jordan’s No. 23 jersey number.

Who recently bought a NASCAR team?

Trackhouse Racing owner Justin Marks is purchasing Chip Ganassi Racing’s two-car NASCAR Cup Series team, a move that bolsters Marks’ year-old operation, which includes Pitbull as one of its key partners.

Why did Dodge leave NASCAR?

Despite designing a Gen-6 car, Dodge stepped away from the sport after Brad Keselowski’s 2012 championship. The American automaker pulled its support, unable to find a flagship team to replace the departing Penske Racing.

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Does Michael Jordan own NASCAR?

Jordan has been a pitchman, an NBA team owner and a tequila connoisseur — and on Sunday, with Wallace at the wheel, he makes his official debut as a NASCAR team owner with 23XI Racing in the Daytona 500.

How much did Michael Jordan pay for his NASCAR team?

Here’s What You Didn’t Know About the $150 Million Michael Jordan NASCAR Team Purchase – Speed Society.

Who owns the NASCAR number 23?

23XI Racing

Owner(s) Michael Jordan Denny Hamlin
Base Mooresville, North Carolina
Series NASCAR Cup Series
Race drivers 23. Bubba Wallace
Career

Who is the owner of NASCAR?

The privately owned company was founded by Bill France Sr. in 1948, and his son, Jim France, has been the CEO since August 6, 2018. The company is headquartered in Daytona Beach, Florida.

How much does the Daytona 500 winner get?

Applying that percentage to the 2020 purse of $23.6 million, the winner would receive approximately $2.07 million. A general range of $1.5-2 million seems like a fair estimate.

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