23XI Racing is an American professional auto racing team that competes in the NASCAR Cup Series. The team debuted in the NASCAR Cup Series in 2021 at the Daytona 500 on February 14, 2021, with Bubba Wallace driving the No. 23 car. Team 23XI Racing’s first win was on October 4, 2021, when Wallace won the NASCAR Cup Series race at the Talladega Superspeedway. The team fields the No. 23 and No. 45 Toyota teams full-time for drivers Bubba Wallace and Tyler Reddick, respectively, and a No. 50 Toyota team part-time for three other drivers- Kamui Kobayashi, Corey Heim, and Juan Pablo Montoya. On September 8, 2021, Steve Lauletta was named team president after serving as the interim president since the team’s foundation.
Who are the owners of 23XI Racing
23XI Racing’s name represents a combination of Michael Jordan’s No. 23 which he wore most of the time in his career and Denny Hamlin’s No. 11 car which he has driven his entire career in the NASCAR Cup Series. The team is owned by the Hall of Fame basketball player Michael Jordan and the three-time Daytona 500 winner Denny Hamlin who is also driving for Joe Gibbs Racing. Jordan and Hamlin are majority and minority owners, respectively.
Born on February 17, 1963, Michael Jeffrey Jordan is an American businessman and former professional basketball player. Jordan has won six NBA Championships with the Chicago Bulls. 23XI Racing’s second owner, Denny Hamlin, was born on November 18, 1980. James Dennis Alan Hamlin or Denny Hamlin is an American professional stock car racing driver and team owner who competes full-time in the NASCAR Cup Series, driving the No. 11 Toyota Camry XSE for Joe Gibbs Racing.
23XI Racing Owners Net Worth
Michael Jordan’s Net Worth
Jordan’s net worth is $3.5 billion, according to Forbes. The main sources contributing to Jordan’s net worth are Charlotte Hornets, endorsements, and a successful career as an NBA player. Jordan’s investments in businesses like the NASCAR team 23XI Racing contribute to his net worth with sponsors and endorsements investing in his team.
Denny Hamlin
Hamlin has a net worth of $65 million, according to Celebrity Net Worth. Hamlin was one of the highest-paid drivers in NASCAR and between June 2018 and June 2019, he earned $14 million which was enough to make him the third highest-paid driver in NASCAR.
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FAQs On 23XI Racing owner
Jordan got married to his first wife- Juanita Vanoy in 1989. The couple got divorced in 2006. He got married to his second wife- Yvette Prieto on in 2013.
Chris Gabehart is Denny Hamlin’s crew chief in Joe Gibbs Racing.
23XI Racing has won eight races in the Cup Series since its formation as a NASCAR team.
Steve Lauletta is the president of 23XI Racing.
23XI Racing is based in Huntersville, North Carolina.
