AUSTIN, TX – (December 11, 2025) —FloSports is deepening its ties to dirt racing and investment in the sport with the acquisition of the storied Lucas Oil Late Model Dirt Series (LOLMDS) from Lucas Oil Products. The acquisition represents a strategic step for FloSports as it continues to invest in and operate key motorsports properties and high-value sports IP. The announcement was made today by FloSports CEO and Co-Founder, Mark Floreani and Lucas Oil CEO, Morgan Lucas.
ownership
VIR Land Ownership Unlocks Strategic Growth Opportunity
ALTON, Va. (Dec. 10, 2025) — In a major milestone for road course racing in North America, VIRginia International Raceway (VIR) has officially acquired full ownership of the land it operates on, ending a decades-long lease and opening new doors for growth and development.
CEO and Co-owner of VIR, Connie Nyholm, announced the news with enthusiasm, stating, “I am immensely pleased to tell all of our dedicated fans, renters, teams, sanctioning bodies, tenants, employees, community stakeholders—everyone—that we recently closed on the purchase of all of the land underlying VIR. VIR can now live on in perpetuity.”
Niece Motorsports Welcomes New Ownership Group to Accelerate Growth
Richmond, VA (August 15, 2025) – Niece Motorsports, a powerhouse in the NASCAR CRAFTSMAN Truck Series, is proud to announce a new chapter in its storied history. Josh Morris, CEO of DQS Solutions & Staffing, along with Greg Fowler, CEO of J.F. Electric, and family, have joined forces to become the majority owners of the team. While their companies have long supported Niece Motorsports as sponsors, this personal investment marks a deeper commitment to the team’s future. Niece Motorsports will continue to compete under its established name, building on a foundation of performance, passion and growth.
Casey Caudill of Prime Gate Holdings and C3 Skids Joins Team AmeriVet Ownership Group
Mooresville, NC – April 30, 2025 — Team AmeriVet is proud to announce that Casey Caudill, founder of Prime Gate Holdings and a long-time supporter of the team, has officially joined its ownership group. Caudill brings with him a strong entrepreneurial track record and a lifelong passion for motorsports that will be invaluable as Team AmeriVet continues its journey in the NASCAR Cup Series.
Andrew Patterson’s Venture Into Team Ownership Begins With An Eight-Race ARCA Menards Series Schedule
The idea of owning an ARCA Menards Series team seemed far-fetched to Andrew Patterson only a few years ago.
Starting with the ARCA Menards Series East opener at Five Flags Speedway on March 22, Patterson will have his own team on the starting grid. The No. 40 Win Supply/SCS Gearbox Chevrolet fielded by Andrew Patterson Racing is set to participate in eight events on the ARCA Menards Series platform during the 2025 season. (more…)
Hyak Motorsports Announces New Name and Ownership in 2025
NASCAR Cup Series Team Formerly Known as JTG Racing Welcomes in a New Era of Racing Excellence
[Harrisburg, NC] — Hyak Motorsports welcomes in a new era of racing for the iconic No. 47 team with a rebrand, new name and ownership. Effective immediately, the team will shift from JTG Racing to Hyak Motorsports with Gordon Smith, who became the principal owner at the end of the 2023 season, at the helm. Hyak Motorsports will continue to carry out Smith’s plan to bring a fresh, new energy to the team and show his commitment to advancing the team’s legacy both on and off the racetrack. (more…)
BREAKING NEWS: Statement from 23XI and Front Row Motorsports Ownership
Just announced from attorney Jeffrey Kessler, who represents 23XI and Front Row Motorsports in their lawsuit against NASCAR…
Jimmie Johnson Says Team Ownership Tougher Than Expected
Not yet two years out of full-time racing and now back fully into the NASCAR world after his IndyCar foray, [Jimmie] Johnson is still grappling with the change in expectations and patience it takes to build something in his own image after 83 NASCAR Cup wins, seven championships and 12 ‘crown jewel’ victories in 19 full-time seasons. (more…)
CARS Tour Enters 2023 Season Under New Ownership Group
MOORESVILLE, N.C. (Jan. 9, 2023) –The Solid Rock Carriers CARS Tour will have new ownership when the green flag waves on its 2023 season this March. Today, NASCAR icons Dale Earnhardt Jr., Jeff Burton, Kevin Harvick and Justin Marks announced their acquisition of the Southeast’s premier asphalt late model series.
Rum Town-Legion Speedway Under New Ownership
Wentworth, NH: The 1/4-mile dirt track located in Wentworth, NH. has changed hands and is now under new ownership starting with the 2022 race season. Ron Giroux, current Sprint Cars of New England Series Director along with Bill Dawley, have taken over control of the speedway under the newly formed R&B Motorsports.