Chip Ganassi sells NASCAR team to Trackhouse – The Checkered Flag

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After 20 years, Chip Ganassi Racing‘s participation within the NASCAR Cup Collection will come to an finish. On Wednesday, Trackhouse Racing Group introduced it had bought all property and each charters from CGR, which the workforce will start utilizing in 2022. One of many charters will go to the #99 of Daniel Suárez, whereas the fates of CGR’s drivers Kurt Busch and Ross Chastain aren’t recognized.

Phrases of the deal weren’t disclosed, although Ganassi famous the workforce was not on the market and that Marks offered “an important supply and a fair higher imaginative and prescient. As everybody is aware of, I care deeply for my workers so promoting to somebody like Justin, who’s a part of the CGR household, made the fact of promoting a lot simpler.” Marks raced for Ganassi within the Xfinity Collection as a highway course ringer from 2016 to 2018, and received his lone NASCAR nationwide collection race at Mid-Ohio Sports activities Automotive Course in 2016.

The information got here with nice shock to the NASCAR world. Though CGR has by no means received a driver’s championship, Ganassi has lengthy maintained a presence throughout quite a few main motorsport together with the NTT IndyCar CollectionIMSA, and Excessive E, all of which he’ll proceed past 2021.

Ganassi entered the NASCAR world in 2001 after shopping for a stake in Felix Sabates‘ Group SABCO. Eight years later, the workforce grew to become Earnhardt Ganassi Racing after a merger with Dale Earnhardt, Inc., which added the #1 presently pushed by Busch to the secure, earlier than the Earnhardt identify was dropped in 2014. Rob Kauffman, who helped scheme the constitution system as chairman of the Race Group Alliance, grew to become a minority proprietor the next yr whereas Sabates retired on the finish of 2020. The workforce has received twenty-six Cup races with the newest by Busch at Las Vegas in 2020. CGR additionally raced within the Xfinity Collection till 2019.

Owned by Marks and recording artist Pitbull, Trackhouse débuted in 2021 with Suárez as driver. One in all three new full-time Cup organisations, the Richard Childress Racing-supported Chevrolet workforce has seen strong outcomes with a trio of prime ten finishes, a greatest end of fourth at Bristol Grime, and Suárez combating for a playoff spot as he sits eighteenth in factors.

Nevertheless, the workforce misplaced its constitution for 2022 when Spire Motorsports—who holds the constitution’s rights and leases it to Trackhouse—opted to promote it to Kaulig Racing. The acquisition of CGR places any issues in regards to the constitution state of affairs to relaxation, and Marks has been open about his plans for his workforce together with establishing a store in Nashville and a two-car operation. Whereas it’s unknown which CGR driver, if any, joins Suárez at Trackhouse, Busch has been reported as a candidate to drive a second automotive at fellow new workforce 23XI Racing. Chastain is presently in his first—and solely, with Wednesday’s announcement—season as a CGR Cup driver.

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