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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.
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Cody Coughlin (2018) On January 16, 2018, it was announced that Cody Coughlin would drive the No. 2 JEGS Chevrolet for the 2018 NASCAR Camping World Truck Series. On September 24, 2018, Coughlin was released due to sponsorship issues. Spencer Gallagher drove the truck at the Talladega race, where he finished 25th.
Jeg Coughlin Jr. (born June 23, 1970, in Columbus, Ohio) is an American motorsports driver, competing in the NHRA Mission Foods Drag Racing Series Pro Stock Division. He is a six-time world champion, winning the Pro Stock title five times and the Super Gas championship.
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