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.

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 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.

Jimmie Johnson hints that Legacy Motor Club could expand beyond NASCAR in the United States. What racing series is Johnson eyeing for LMC?

Jimmie Johnson seizes control of LEGACY MOTOR CLUB, driving transformation with Knighthead Capital’s backing and a focus on 2025 success.

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.

Seven-time NASCAR champion and co-owner of LEGACY MOTOR CLUB (“LEGACY MC”) Jimmie Johnson announced today that LEGACY MC has joined forces with Knighthead Capital Management, LLC, on behalf of certain of its affiliates and accounts ("Knighthead") as a strategic partner.

This is clearly some kind of social media activation ... but what for in advance of NASCAR's prestigious Daytona 500?

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.