What Nascar team did Michael Jordan purchase?

On Sunday, with Wallace at the wheel, the NBA team owner makes his official debut as a NASCAR team owner with 23XI Racing. Michael Jordan is teaming with co-owner Denny Hamlin, a three-time Daytona 500 champion.

What NASCAR team is owned by Michael Jordan?

Kurt Busch will drive next season for 23XI Racing, the NASCAR team owned by Denny Hamlin and Michael Jordan, in a long expected expansion move for the first-year organization.

Did Michael Jordan buy a NASCAR?

Daugherty has invested in a NASCAR team for more than a decade, but Jordan’s team ownership begins with the 2021 Daytona 500 on Sunday (2:30 p.m. ET, FOX), thanks to a love of racing that began at birth and deepened through conversations with his friend and now race team co-owner Hamlin.

Does Michael Jordan own Bubba Wallace?

With Jordan now as a team owner and Wallace as his main driver, expect to see more and more Black people coming to the races once COVID-19 ends. Despite no longer playing in the NBA, Jordan is still one of the most popular celebrities globally, so his racing team will surely draw major crowds.

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What team did Denny Hamlin and Michael Jordan buy?

Michael Jordan’s and Denny Hamlin’s 23XI Racing NASCAR team has purchased property for what is presumably its future headquarters in Huntersville.

Who owns Denny Hamlin?

23XI Racing (pronounced twenty-three eleven) is an American professional auto racing organization that competes in the NASCAR Cup Series. It is owned and operated by Hall of Fame basketball player Michael Jordan, with current Joe Gibbs Racing driver Denny Hamlin as a minority partner.

What’s Bubba Wallace’s net worth?

Darrell Wallace, Jr., better as Bubba Wallace, has made his mark on the world of NASCAR over the last few years with high finishes in some of the sport’s top races. His success on the racetrack has helped him rack up a net worth of $3 million, according to Celebrity Net Worth.

How much did Michael Jordan buy a NASCAR team?

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

Did Michael Jordan buy a sports team?

In March 2010, Jordan became the majority owner of the Charlotte Bobcats, after four years as part of the team’s ownership group and its Managing Member of Basketball Operations. Jordan is the first former player to become the majority owner of an NBA franchise.

How much did Michael Jordan invest in NASCAR?

One of his recently started investments is a NASCAR team, in which he has invested $150 Million. How much money has Michael Jordan invested in NASCAR?

What team does Denny Hamlin own?

Denny Hamlin revealed what led him to make the decision to become a co-owner of new NASCAR Cup Series race team 23XI Racing with Michael Jordan.

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What does Michael Jordan own?

MJ joined sports-betting firm DraftKings as a special advisor to the board and an investor in September 2020. He also became a NASCAR team co-owner in late 2020. Jordan, who owns the Charlotte Hornets, agreed to sell a minority stake in a 2019 deal that valued the NBA team at $1.5 billion.

What did Michael Jordan say to Bubba Wallace?

“I think he presents a great opportunity. Not just as an African-American, but in terms of talent,” Jordan said when asked why he chose Wallace. “He’s someone who aspires to be good. All you have to do is support him.”

Is Denny Hamlin sponsored by Jordan?

Charlotte Hornets owner Michael Jordan and NASCAR driver Denny Hamlin are starting a single-car racing team that will feature Bubba Wallace as the driver for the 2021 Cup season. … Jordan Brand has been a sponsor of Hamlin’s race team and Hamlin is a longtime Hornets season-ticket holder.

Will Denny Hamlin drive for Michael Jordan?

Denny Hamlin and Michael Jordan will own a NASCAR Cup team that will have Bubba Wallace as its driver for 2021, Hamlin announced on social media Monday night. … The team purchased Germain Racing’s charter. The partnership of Hamlin and Jordan brings one of the most recognizable figures in sports to NASCAR.