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In 2018 the 4 brothers handed the company off to Jeg Jr.'s son, Jeg Coughlin III. Jeg III would go on to lead the company to a buyout by Greenbriar Equity in February 2022 for $321 million. Since 2022 Jegs has seen a slow but steady decline, going from over $400 million of revenue in 2020 to about $200 million of annual revenue in 2023.
Hendrick Motorsports and GM ceased the project in 1988. Hendrick Motorsports expanded its NASCAR efforts to two full-time cars in 1986, three in 1987, and four in 2002. [6] [7] [8] It was one of the first teams in NASCAR to be successful operating multiple entries, partly based on the model used at the Hendrick car dealerships.
The legendary NASCAR team is coming through on its longtime goal of having all of its teams compete for championships.
Summit Racing Equipment currently sponsors NHRA Camping World Drag Racing Series Funny Car driver Tim Wilkerson, [3] Top Fuel drivers Antron Brown [4] and Clay Millican, [5] and Pro Stock drivers Greg Anderson, Deric Kramer, Matt Hartford, Kyle Koretsky, Dallas Glenn, and Rodger Brogdon.
Brian Lee Vickers (born October 24, 1983) [1] is an American professional stock car and sports car racing driver. He last drove the No. 14 Chevrolet SS for Stewart-Haas Racing as an interim driver in the NASCAR Sprint Cup Series for the injured Tony Stewart.
Hyak Motorsports (formerly JTG Daugherty Racing, JTG Racing, and ST Racing) is an American stock car racing team that competes in the NASCAR Cup Series. The team fields the No. 47 Chevrolet Camaro ZL1 full-time for Ricky Stenhouse Jr. and has a technical alliance with Hendrick Motorsports .
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