Seven-time NASCAR Cup champion Jimmie Johnson has taken a big step forward in his racing career by becoming the majority owner of Legacy Motor Club. Alongside him, the team has welcomed a new partner, Knighthead Capital Management, which has taken a minority stake in the NASCAR outfit.

Seven-time NASCAR champion Jimmie Johnson is now the majority owner of Legacy Motor Club under a restructuring in which investment adviser Knighthead Capital Management bought into the Cup Series team.

Seven-time NASCAR Cup Series champion Jimmie Johnson is now the majority owner of LEGACY MOTOR CLUB, the team officially confirmed on Monday. The change in owne

Seven-time NASCAR champion Jimmie Johnson is now the majority owner of Legacy Motor Club under a restructuring in which investment adviser Knighthead Capital Management bought into the

During the Rolex 24 at Daytona broadcast, Jimmie Johnson, co-owner of Legacy Motor Club, shared plans for his team’s expansion into the International Motor Sports Association (IMSA). Johnson, a 7-time NASCAR Cup Series champion, plans to take his team into other motorsport disciplines, with IMSA high on the list.

Jimmie Johnson is now the majority owner of Legacy Motor Club after the organization added a minority stakeholder. Legacy Motor Club announced Monday that Knighthead Capital Management has acquired a minority stake in the NASCAR team.

Seven-time Cup Series champion Jimmie Johnson has been phenomenal as a driver in NASCAR. The post Petty Enterprises' NASCAR Remnants Fade Away As Jimmie Johnson Given Total Reign of Legacy Motor Club appeared first on EssentiallySports.