Seven-time NASCAR Cup Series champion Jimmie Johnson has announced the formation of a 28-member ownership group for a new NASCAR venture, bringing together what is described as a powerhouse collection of major names from across sports and business.
The announcement, reported by MotorBiscuit on November 5, 2026, marks Johnson's latest move into team ownership following his retirement from full-time competition. The 49-year-old Californian, who tied the record for most Cup Series championships with seven titles between 2006 and 2016, has been building toward an ownership role since stepping back from driving.
Details regarding the specific identities of the 27 other investors, the team's competitive timeline, and which series it will enter have not been disclosed. Johnson's group joins a growing trend of athlete-led ownership consortiums entering motorsports, following similar moves by NBA stars Michael Jordan and Brad Keselowski in recent years.
