Seven-time NASCAR Cup Series champion Jimmie Johnson has taken a majority stake in Legacy Motor Club (LMC), marking a significant shift in his involvement with the organization as a co-owner.

Seven-time NASCAR Cup champion Jimmie Johnson has taken a big step forward in his racing career by becoming the majority owner of Legacy Motor Club. Alongside him, the team has welcomed a new partner, Knighthead Capital Management, which has taken a minority stake in the NASCAR outfit.

Seven-time NASCAR Cup Series champion Jimmie Johnson is now the majority owner of Legacy Motor Club. Johnson has served as

RACER has confirmed that Legacy Motor Club is preparing to announce a partnership with Knighthead Capital that includes Jimmie Johnson becoming the team’s majority owner. The seven-time

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Jimmie Johnson is now the majority owner of Legacy Motor Club after the organization added a minority stakeholder. Legacy Motor Club announced Monday that Knighthead Capital Management has acquired a minority stake in the NASCAR team.