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 He was scheduled to drive at the all-star race and Coca-Cola 600, but he suffered a practice crash and the car was withdrawn from both races.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

Joe Gibbs Racing: Dark Horse?

All the attention going into the Chase for the NASCAR Sprint Cup has been on the drivers from Hendrick Motorsports and Team Penske – and rightfully so. They do own 17 wins in 26 (65%) regular season races this season. However, there is another ...
Posted: September 11, 2014, 7:09 am

Joe Gibbs Racing: 2014 MyAFibStory.com 400 weekend preview

The first race of the 2014 Chase for the Sprint Cup is this Sunday’s MyAFibStory.com 400 at Chicagoland Speedway in Joliet, Illinois. The Camping World Truck Series will race on Friday night, while the Nationwide Series races on Saturday. Joe Gibbs ...
Posted: September 11, 2014, 7:15 pm

Mixed results: Joe Gibbs Racing steps up performance, but is it enough?

On the face of it, Sunday's MyAFibStory.com 400 at Chicagoland Speedway was a pretty good outing for Joe Gibbs Racing, which saw drivers Denny Hamlin (sixth), Kyle Busch (seventh) and Matt Kenseth (10th) all finish safely in the top 10. If the trio has ...
Posted: September 15, 2014, 1:36 pm
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