More Chip Ganassi Racing News
Kyle Larson’s Former Legendary Owner Recalls Unthinkable Manifestation Story Behind Racing Empire
Chip Ganassi shares how watching the 1963 Indy 500 as a kid led to a surreal Thanksgiving dinner decades later.
Racing Legend Boards AI Bandwagon, Days After NASCAR’s Got Trashed Over Controversial Statements
While NASCAR struggles with Artificial Intelligence another racing legend makes shocking deal with AI pioneers
Jimmie Johnson Breaks Silence on Rumors of Historic Tom Brady Partnership With Painful 5-Word Claim
Recently the IndyCar series got its biggest collaboration news. Jimmie Johnson with Tom Brady in the Indy 500. But JJ has made things clearer.
How Kyle Larson’s Chili Bowl Victory Saved His Racing Career
After Kyle Larson clinched his third Chili Bowl title, memories of his first two wins floated to his mind - and how they saved him.
Ex-SHR Driver Indebted to Tony Stewart Ditching Plans for Kyle Larson
From childhood dreams to reality, one SHR driver's journey to knowing his hero, Tony Stewart, unfolds beautifully.
“Just Like They Did With Kurt Busch”- Insider Dissects Spire Motorsports Owner’s Genius Behind Biggest Names in NASCAR
Joel Edmonds on Spire Motorsports' Jeff Dickerson's visionary approach to recruiting NASCAR's rising stars.
Roger Penske Takes a Jab at NASCAR, Hoping to Recall Legendary Rival Back To the Sport
After winning another title, Roger Penske took the chance to invite former rival Chip Ganassi back to NASCAR.
Justin Marks Discloses Chip Ganassi’s Reason Behind Ditching NASCAR Legacy With $20 Million Sale
Trackhouse Racing co-owner Justin Marks recalls how he approach Chip Ganassi for the sale of his two NASCAR Cup Series charters.
Roger Penske’s Superstar Shockingly Goes After Own Teammate Amidst Wild Accusations
Roger Penske was hoping of podium finishes for all three drives. But his hopes got crushed after the restart where Will Power got crushed.
Ross Chastain Accepts Trackhouse’s Glaring Inferiority After Promising Richmond Turnaround
Trackhouse is facing issues with raw speed in its cars. Ross Chastain talks candidly about the troubles and the future prospects.
Dale Jr.’s NASCAR Aid Lets Out Secret Behind Helping Carve Kyle Larson’s Glorious Career
Larson and Josh Wise had their roots in open-wheel racing. The formerr had followed Wise since he was a kid, and then vice versa.
Dale Earnhardt Jr. Reveals the Shock Factor Behind Juan Pablo Montoya’s Return to NASCAR With 23XI Racing
Dale Earnhardt Jr. shares surprise fond memories and excitement over Juan Pablo Montoya's return to NASCAR with 23XI Racing.
About Chip Ganassi Racing
via Getty
SONOMA, CA - JUNE 21: Kurt Busch, No. 1 Monster Energy Chevrolet for Chip Ganassi Racing enters Turn 4 during practice for the Monster Energy NASCAR Toyota / Save Mart 350 on June 22, 2019, in Sonoma, CA. (Photo by Larry Placido/Icon Sportswire via Getty Images)
Chip Ganassi Racing - 2021 Latest News, Drivers, Stats, Schedule
Chip Ganassi Racing was founded in 1989 by Felix Sabates after he bought an R&D group from Hendrick Motorsports. Previously known as SABCO Racing, the group was renamed Team SABCO in 1996.
In 2001, Ganassi purchased 80% of the stake for the then-two-car group, and it was named 'Chip Ganassi Racing with Felix Sabates.' The group changed from Chevrolet to Dodge during the same year.
In 2009, Ganassi collaborated with Dale Earnhardt, Inc. proprietor Teresa Earnhardt. The agreement was struck to consolidate DEI's NASCAR activities into Ganassi's shop and run as 'Earnhardt Ganassi Racing with Felix Sabates'. Earnhardt was dropped from the team in 2014.
In mid-2015, Rob Kauffman of Michael Waltrip Racing bought a stake in the group.
Achievements
Chip Ganassi Racing team has won a total of 48 races. While 26 victories have come in the NASCAR Cup Series, the remaining 22 came in the NASCAR Xfinity Series. The pit crew won the 2017 Comcast Community Champion Award in acknowledgment of their magnanimous work.
Drivers
The Chip Ganassi Racing team has raced in NASCAR with many eminent drivers, including Kyle Petty, Juan Pablo Montoya, Jamie McMurray, and Kyle Larson.
They run the No. 1 and No. 42 Chevrolet Camaro ZL1s for Kurt Busch and Matt Kenseth. It is in an alliance with Hendrick Motorsports.
Owner
Chip Ganassi and Rob Kauffman are the owners of the CGR team. Max Jones, who is the Managing Director of the Chip Ganassi Racing Teams' NASCAR activity, manages all parts of the group's racing cars in the NASCAR Cup Series.
Sabates reported his retirement as a co-proprietor from the group after the 2020 season.
Net Worth
According to Forbes, the team is valued at $63 million. The team has earned $14 million from winnings and has a revenue of $45 million.
| Owners | Chip Ganassi, Felix Sabates, Rob Kauffman |
| Base | Concord, North Carolina |
| Series | NASCAR Cup Series |
| Race Drivers | 1. Kurt Busch 42. Matt Kenseth |
| Sponsors | NASCAR Cup Series: 1. Monster Energy, GearWrench 42. Credit One, McDonald's, Clover, AdventHealth |
| Manufacturer | Chevrolet |
| Opened | 1989 |
| Race Victories | 26 |
| Net Worth | $63 Million |
