NBA great Michael Jordan forms NASCAR team with Bubba Wallace as driver

Sep 23, 2020
One of the worst-kept secrets in NASCAR was made official late on Monday night.
Denny Hamlin and NBA legend Michael Jordan have launched a NASCAR Cup Series team in advance of the 2021 season and have selected Bubba Wallace as its inaugural driver.
The new team completed the purchase of an ownership charter from Germain Racing which simultaneously confirmed on Monday that it would close at the end of the year.
Wallace has signed a multi-year deal to drive for the new team. Hamlin is a Team Jordan athlete and the two have been close friends for over a decade. Jordan will serve as the majority owner of the yet to be named organization while Hamlin owns a minority stake of the team.
"Growing up in North Carolina, my parents would take my brothers, sisters, and me to races, and I’ve been a NASCAR fan my whole life," Jordan said in a press release. "The opportunity to own my own racing team in partnership with my friend, Denny Hamlin, and to have Bubba Wallace driving for us, is very exciting for me.
Hamlin will continue to drive the No. 11 for Joe Gibbs Racing.
"Starting a race team has been something that Michael and I have talked about while playing golf together over the years, but the timing or circumstances were never really right," said Hamlin.
NASCAR regulations previously prevented a driver from one team owning a stake in another. In other words, Hamlin could not previously own a stake in this new team while driving for Gibbs.
The team’s name, car number, manufacturer, sponsors, and other details for the new team will be announced at a future date.

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