Joe Gibbs Racing Net Worth is155 $Million
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What is Joe Gibbs Racing Net Worth?

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 He was scheduled to drive at the all-star race and Coca-Cola 600, but he suffered a practice crash and the car was withdrawn from both races.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

Joe Gibbs Racing was launched in 1991 by former NFL head coach Joe Gibbs. As Gibbs looked to move from coaching to a new chapter in his career, his friend Don Meredith was looking for opportunities to race in NASCAR, and the team was born with its first ...
Posted: November 11, 2014, 2:33 pm

Hamlin a fan of Gibbs before ever driving for him

Gibbs had won his third Super Bowl with the Redskins and just founded his racing team when he met Hamlin. Hamlin already had the kind of confidence he'd need to rise from obscurity to a NASCAR championship contender for Joe Gibbs Racing. "I told him ...
Posted: November 14, 2014, 12:36 pm

Crew chief changes on the way at Joe Gibbs Racing

A fourth Sprint Cup team at Joe Gibbs Racing in 2015 will also bring about a shuffle in the team’s roster of crew chiefs. However, Gibbs held off on announcing those details, instead saying that they will emerge within the next couple of weeks.
Posted: September 17, 2014, 5:18 am
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