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Billy Joe "Red" McCombs (October 19, 1927 [1] – February 19, 2023) was an American businessman. He was the founder of the Red McCombs Automotive Group in San Antonio, Texas, a co-founder of Clear Channel Communications, a past chairman of Constellis Group, a onetime owner of the San Antonio Spurs, San Antonio Force, Denver Nuggets, the Minnesota Vikings, and the namesake of the McCombs ...
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. [2] It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.
As the company grew, it attracted the attention of Red McCombs Enterprises. In 2005 Flatt and Welch partnered with Red McCombs, and at that time the company name became Red McCombs Media. [2] In 2007 Red McCombs Media acquired MediaEngine, co-founded by Michael Magruder and Scott Friesen, to complement their technical capabilities.
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Hyundai America Technical Center completed construction of its Hyundai/Kia proving ground in California City, California, in 2004. The 4,300-acre (17 km 2 ) facility is located in the Mojave Desert and features a 6.4-mile (10.3 km) oval track, [ 4 ] a Vehicle Dynamics Area, a vehicle-handling course inside the oval track, a paved hill road, and ...
The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
Red McCombs, later said: "One of the most inviting aspects of the name is the word 'Americas'. It reflects Austin's ideal location at the crossroads of North America from north to south, east to west. Also, it speaks to our state as a centre of commerce and cultural exchange in this hemisphere.
The Red and Charline McCombs Field is the current home of the University of Texas Longhorn Women's Softball team. [1] Opening in 1998 at a cost of $4.5 million, the stadium seats 1,254 and is named after university benefactor Red McCombs and his wife Charline. It features a clay infield and a grass outfield. [2]
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