Joe Gibbs Racing Net Worth is155 $Million
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Joe Gibbs Racing (JGR) is a group of NASCAR racing teams owned and operated by former Washington Redskins coach Joe Gibbs, who first started racing on the NASCAR circuit in 1991, and J. D. Gibbs, his son. Headquartered in Huntersville, North Carolina, near Charlotte, the team amassed three Sprint Cup championships since the year 2000 and participated in other lower-tier NASCAR series for driver development, winning one championship in the East Division of the NASCAR Camping World. For the team's first sixteen seasons, JGR ran cars from General Motors. During that period the team won their three championships, two in Pontiac Grand Prixes and one in a Chevrolet Monte Carlo. Despite this, JGR felt as if they weren't as important as some of the other GM teams such as Hendrick Motorsports and Richard Childress Racing. Therefore, during the 2007 season Joe Gibbs Racing announced that they would be ending their arrangement with GM at the end of the year and begin running Toyotas the following season. Since then, JGR has become the strongest and has won the most out of any Toyota team.
The team currently fields the #11 FedEx Toyota Camry for Denny Hamlin, the #18 M&M's Toyota Camry for Kyle Busch, and the #20 The Home Depot Toyota Camry for Matt Kenseth in the Sprint Cup Series. They also field the #11 OneMain Financial Toyota Camry for Elliott Sadler, the #18 Sport Clips/Pizza Ranch Toyota Camry for Hamlin, Michael McDowell and Mark Martin, and the #20 Dollar General Toyota Camry for Brian Vickers.
JGR occasionally fields a fourth car for R&D purposes. In 2007, Aric Almirola made his NEXTEL Cup debut in the #80 car at Las Vegas. He was scheduled to drive at the all-star race and Coca-Cola 600, but he suffered a practice crash and the car was withdrawn from both races. In 2008, Joey Logano drove this car, renumbered as 02, with The Home Depot sponsorship and a reverse scheme of teammate Tony Stewart's. He was to make his Sprint Cup debut at Richmond International Race

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Joe Gibbs Racing Latest News

Darrell Wallace granted release from Joe Gibbs Racing

Darrell Wallace will have a new team in 2015 after he was granted his release by Joe Gibbs Racing. Per the Sporting News, Roush Fenway Racing is the leading suitor for Wallace. While Joe Gibbs Racing officials had said that Wallace would be in the team's ...
Posted: December 8, 2014, 5:50 pm

Joe Gibbs Racing 2014 in review: Matt Kenseth

If 2013 was one of the best seasons of Matt Kenseth’s career, 2014 may go down as one of his toughest, as the Joe Gibbs Racing driver failed to win a race for the first time since 2010. While Kenseth was once again consistent enough based on 16 top 10 ...
Posted: December 15, 2014, 6:03 pm

Bubba Wallace signs with Roush Fenway for Xfinity Series in 2015

Wallace had asked for his release from Joe Gibbs Racing. He has competed in six career Xfinity Series races, earning four top-10s and a pole at Dover.
Posted: December 19, 2014, 8:22 am
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