Trackhouse Competing announces purchase of Chip Ganassi Competing’s NASCAR assets

Trackhouse Racing on Wednesday revealed the purchase of Chip Ganassi’s NASCAR Cup Series assets, reliable after the 2021 NASCAR Cup Series period. Neither group revealed the economic terms associated with the offer at the time it was announced.

Trackhouse Racing proprietor Justin Marks, alongside team head of state Ty Norris and Chip Ganassi Competing Chief Executive Officer Chip Ganassi, introduced the relocation at the NASCAR Hall of Fame using real-time stream.

Trackhouse Competing was created in October 2020– music celebrity Pitbull is a co-owner– as well as debuted in the 2021 NASCAR Cup Collection season. It currently has one motorist: Daniel Suarez, champ of the 2016 NASCAR Xfinity Collection season, who drives the No. 99 Chevrolet. He is 18th in the NASCAR Cup Series factor standings, leaving him outside the playoffs. He has three top-10 finishes in 2021 as well as a top-five coating in the Bristol dust race.

With the procurement of CGR’s NASCAR Mug Series assets, Trackhouse Racing will certainly broaden to 2 groups starting in 2022. Chip Ganassi Competing is a two-driver team: 2004 Cup champion Kurt Busch in the No. 1 Chevrolet as well as newbie Ross Chastain in the No. 42 Chevrolet. Busch, currently 14th in the factor standings, is the front-runner to become Trackhouse’s second driver in 2022.

Trackhouse will certainly additionally acquire all NASCAR devices and also the two Mug Series charters from CGR, in addition to the latter’s race shop in North Carolina, where Trackhouse will certainly run out of in 2022.

Ganassi’s various other competing possessions– in IndyCar, the IMSA WeatherTech SportsCar Championship as well as Extreme E– are not a part of the manage Trackhouse. Those groups will continue to work out of the CGR’s Indianapolis head office.

” I’m not out of racing; I’m just out of NASCAR,” Ganassi claimed. “I still have an IndyCar group. I still have an IMSA cars group. I still have a Formula E team. I had a deal that I was called for to consider.”