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 Cup Series team.

Legacy Motor Club began its next chapter on Monday when Jimmie Johnson was introduced as its majority owner and Knighthead Capital Management, LLC a new investor and minority owner. The partnership aims to expand the reach and brand of Legacy Motor Club beyond NASCAR;

RACER has confirmed that Legacy Motor Club is preparing to announce a partnership with Knighthead Capital that includes Jimmie Johnson becoming the team’s majority owner. The seven-time

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,