CHARLOTTE, N.C. (AP) — Seven-time NASCAR champion Jimmie Johnson is now the majority owner of Legacy Motor Club under a restructuring in which investment adviser Knighthead Capital Management ...

Knighthead Capital Management has acquired a minority stake in LEGACY MOTOR CLUB, making Jimmie Johnson the majority owner as Maury Gallagher steps back from the day-to-day operations of the team.

Out of all the NASCAR teams, Hendrick Motorsports certainly stands tall as the most popular one among the fans. The post Rick Hendrick & Co Sell Iconic Jimmie Johnson Artifact Scarred by Dangerous ...