Michael Jordan buys into NASCAR with new team

NBA legend Michael Jordan has branched out further in the world of sports ownership, purchasing a controlling stake in a new NASCAR team. The Charlotte Hornets owner has will own a team with Bubba Wallace to leading the way.

Wallace is having a career-best season and is set to leave Richard Petty racing at the end of the calendar year. Stock car racing has grown to over 1500 races, at over 100 locations, making it the most popular motorsport in the U.S.

This is a unique, once-in-a-lifetime opportunity that I believe is a great fit for me at this point in my career. I’m grateful and humbled that they believe in me and I’m super pumped to begin this adventure with them.

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