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 He was scheduled to drive at the all-star race and Coca-Cola 600, but he suffered a practice crash and the car was withdrawn from both races.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

Denny Hamlin, Ryan Blaney lead practice sessions at Bristol

Larson’s teammate, Jamie McMurray, placed fourth in the No. 1 Chip Ganassi Racing Chevrolet at 127.487 mph, while Joe Gibbs Racing’s Kyle Busch rounded out the top five in his No. 18 Toyota at 127.258 mph. Eight drivers served 15-minute holds in the ...
Posted: August 18, 2017, 3:57 pm

Keep track of Silly Season with this scorecard

ANNOUNCED RIDES FOR 2018 — Erik Jones will drive the No. 20 at Joe Gibbs Racing, replacing Matt Kenseth (announcement made July 11) — Alex Bowman will drive the No. 88 at Hendrick Motorsports, replacing Dale Earnhardt Jr. (announcement made July 20 ...
Posted: August 18, 2017, 2:36 pm

NASCAR Mailbox: Where Will Kasey Kahne End Up?

As silly season continues, nothing is surprising at this rate. No one should be shocked Matt Kenseth, who isn’t fully sponsored, was sent packing at Joe Gibbs Racing. Who was stunned that William Byron got a Cup ride replacing Kasey Kahne, especially ...
Posted: August 18, 2017, 4:43 pm

NASCAR: Matt Kenseth focusing on family as future remains uncertain

Kenseth is in the final year of his contract with Joe Gibbs Racing and the team has said Erik Jones will drive the No. 20 Toyota next year. The move left Kenseth, a native of Cambridge, Wis., without a ride, and seats are extremely hard for veterans to ...
Posted: August 18, 2017, 5:54 pm

Interpreting Matt Kenseth's latest on his 2018 NASCAR plans

Motor Speedway, regarding his job prospects for 2018. Kenseth, 45, will be replaced by Erik Jones next year in the Joe Gibbs Racing No. 20. (Transcript courtesy of Toyota Racing, questions paraphrased.) Does he have plans? “No, not at the moment.
Posted: August 18, 2017, 5:30 pm
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