Does Michael Jordan own a race team?

Michael Jordan is teaming with co-owner Denny Hamlin, a three-time Daytona 500 champion. DAYTONA BEACH, Fla. … 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.

Did Michael Jordan buy a race team?

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.

How much did Michael Jordan pay for race team?

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

Is Michael Jordan racing in NASCAR?

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.

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.

How much does a NASCAR driver make?

The salaries of Nascar Drivers in the US range from $21,364 to $577,997 , with a median salary of $103,858 . The middle 57% of Nascar Drivers makes between $103,862 and $260,376, with the top 86% making $577,997.

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How much does it cost to own a NASCAR team?

Owning a NASCAR team can be expected to be a very hefty investment. It involves lots of expenses all of which cost a large amount of money. The expected total for owning a NASCAR team is nearly $400,000 per week which over the 38 week season is on average more than $15 million in annual expenses.

Who is Michael Jordan’s drivers?

NASCAR star Bubba Wallace is no stranger to attention. Not only is he the only Black driver in NASCAR’s top-level Cup Series, but he’s now driving for Michael Jordan.

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