Joe Gibbs Racing is currently owned by Joe Gibbs and his family (Heather Gibbs, Ty Gibbs), along with minority partners Harris Blitzer Sports & Entertainment and Arctos Partners. This article gives you a detailed guide on the ownership structure of the NASCAR organisation.
Joe Gibbs Racing (JGR) is an American professional in stock car racing. The team was founded in 1992 and has established itself as a premier team with over five Cup Series championships.
Who Owns Joe Gibbs Racing?
Joe Gibbs Racing is owned by Joe Gibbs and currently owned and led by Heather Gibbs and Ty Gibbs alongside minority partnerships with Harris Blitzer Sports & Entertainment and Arctos Partners.
Who are the owners?
Joe Gibbs: He was the founder of the racing in 1992. He was a former NFL coach and Hall of Famer.
Heather Gibbs: He is one of the family co-owners of the stock car racing team.
Ty Gibbs: He is the second family co-owner who expanded his role in 2025 and became the official team owner of JGR’s No. 54 Xfinity team.
Harris Blitzer Sports & Entertainment: They are minority partners in the team and are known for their investments and ownership of other professional sports teams, including the Philadelphia 76ers of the NBA.
Arctos Partners: They are an investment partner with stakes and interest in major sports teams.
Owners’ Net Worth
Joe Gibbs
Joe Gibbs has an estimated net worth of around $60–70 million accrued from his NFL coaching career, NASCAR team ownership, and endorsements.
Ty Gibbs
Ty Gibbs has an estimated net worth of around $5–10 million accrued from his racing career and family ownership stake in the Xfinity programme.
Harris Blitzer Sports & Entertainment
Harris Blitzer Sports & Entertainment is one of the most valuable sports franchise owners in North America, with a valuation of around $3–4 billion. Its portfolio includes teams in the NBA, NHL franchises, and other sports holdings.
Arctos Partners
Arctos Partners is a multi-billion-dollar investment firm with a core interest in sports equity.
Ownership History
Joe Gibbs founded Joe Gibbs Racing in 1992 and successfully became one of the NASCAR powerhouses. In 2021, Harris Blitzer Sports & Entertainment and Arctos Partners acquired minority stakes in the team and thus became part of the ownership structure of the team.
In 2025, Ty Gibbs expanded his role and joined the ownership structure by taking control of the No. 54 Xfinity team.
Team History
Joe Gibbs Racing debuted the NASCAR organisation in the 1992 Daytona 500 season. The team has successfully won over five championships.