Joe Gibbs Racing Sells Minority Stake of Race Team

Today, Joe Gibbs Racing (JGR) made an announcement regarding a significant investment it has received from Harris Blitzer Sports & Entertainment (HBSE) and Arctos Partners. The purpose of this minority investment is to support Coach Gibbs’ vision for the expansion of JGR as a family-owned company and a prominent leader in NASCAR. As part of the agreement, Joe Gibbs will also become a limited partner in Harris Blitzer Sports & Entertainment, pending approval by the NBA and the NHL.

Expressing his enthusiasm, Joe Gibbs stated, “Josh Harris, David Blitzer, and their entire team have demonstrated an exceptional vision, evident through their successful franchises in basketball, hockey, soccer, and youth sports. Their teams have achieved remarkable success in terms of audience growth, sponsorships, and their unwavering commitment to the communities they operate in. I am thrilled to join the HBSE family and have their support in advancing the growth of Joe Gibbs Racing.”

HBSE’s Co-Founder, Josh Harris, expressed his admiration for Coach Gibbs, saying, “In recent years, I have had the privilege of getting to know Coach Gibbs and I am honored to consider him a trusted friend and advisor. Joe is a proven winner, first in football and then with Joe Gibbs Racing. He has fostered winning cultures based on strong values, a deep dedication to family, and faith. This investment and partnership aim to support his vision and enable Joe Gibbs Racing to maintain its track record of excellence well into the future.”

Regarding Coach Gibbs’ involvement as a limited partner in HBSE, Co-Founder David Blitzer stated, “We warmly welcome Coach Gibbs and JGR to the HBSE family. At HBSE, our definition of winning extends beyond the playing field, as we strive to make a positive impact on the communities we serve. Coach Gibbs and his team perfectly embody this principle, and we are thrilled to support him and his team as they continue to prosper.”

Today, Joe Gibbs Racing (JGR) made an announcement regarding a significant investment it has received from Harris Blitzer Sports & Entertainment (HBSE) and Arctos Partners. The purpose of this minority investment is to support Coach Gibbs’ vision for the expansion of JGR as a family-owned company and a prominent leader in NASCAR. As part of the agreement, Joe Gibbs will also become a limited partner in Harris Blitzer Sports & Entertainment, pending approval by the NBA and the NHL.

Expressing his enthusiasm, Joe Gibbs stated, “Josh Harris, David Blitzer, and their entire team have demonstrated an exceptional vision, evident through their successful franchises in basketball, hockey, soccer, and youth sports. Their teams have achieved remarkable success in terms of audience growth, sponsorships, and their unwavering commitment to the communities they operate in. I am thrilled to join the HBSE family and have their support in advancing the growth of Joe Gibbs Racing.”

HBSE’s Co-Founder, Josh Harris, expressed his admiration for Coach Gibbs, saying, “In recent years, I have had the privilege of getting to know Coach Gibbs and I am honored to consider him a trusted friend and advisor. Joe is a proven winner, first in football and then with Joe Gibbs Racing. He has fostered winning cultures based on strong values, a deep dedication to family, and faith. This investment and partnership aim to support his vision and enable Joe Gibbs Racing to maintain its track record of excellence well into the future.”

Regarding Coach Gibbs’ involvement as a limited partner in HBSE, Co-Founder David Blitzer stated, “We warmly welcome Coach Gibbs and JGR to the HBSE family. At HBSE, our definition of winning extends beyond the playing field, as we strive to make a positive impact on the communities we serve. Coach Gibbs and his team perfectly embody this principle, and we are thrilled to support him and his team as they continue to prosper.”

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