Trackhouse Racing is currently owned by Justin Marks and Avenue Sports Fund through the Trackhouse Entertainment Group.
Trackhouse Racing is an American motorsports team that currently competes in the NASCAR Cup Series, MotoGP and IMSA SportsCar Championship.
Ownership of Trackhouse Racing
Justin Marks and Avenue Sports Fund own the Trackhouse Racing team through the entity Trackhouse Entertainment Group.
Justin Marks
Justin Marks is the primary owner of the Trackhouse Racing team. The former professional race car driver is also known to be an entrepreneur with his investments in the auto racing industry.
Avenue Sports Fund (Marc Lasry)
Avenue Sports Fund is linked to Avenue Capital Group, with Marc Lasry as co-founder and CEO of the company.
Owners’ Net Worth
Justin Marks has an estimated net worth in the region of $20–30 million accrued from his investment in auto racing, his auto racing career as a driver, his business ventures, and the operations of Trackhouse Entertainment Group.
Ownership History of Trackhouse Racing
Trackhouse Racing was founded in 2020 by Justin Marks. The team was admitted to the NASCAR Cup Series with Daniel Suárez in 2021. Later on, it acquired NASCAR assets of Chip Ganassi Racing and expanded to a two-car team.
Music star and rapper Pitbull joined the ownership group in 2021 as co-owner before leaving the group in 2022.
Team History
Trackhouse Racing debuted in the NASCAR Cup Series in the 2021 Daytona 500.