• Loading stock data...
Tuesday, May 7, 2024

Justin Timberlake Adds Grand Prix to Portfolio

Matthew Emmons-USA TODAY Sports

Pop star-turned-entertainment mogul Justin Timberlake is bringing his suit and tie to the racecourse.

The Tennessee native joined the Music City Grand Prix as a founding member. The IndyCar race debuts Aug. 6-8 in Nashville.

“Our group combines game changers in the world of business, music and motorsports,” said Music City Grand Prix CEO Matt Crews. “Each brings something unique to the table that will be invaluable as we merge motorsports, music and food into a one-of-a-kind event.” 

Other investors include country music executive Scott Borchetta — who is president and CEO of the Big Machine Label Group and a recently announced NASCAR team owner — and driver Justin Marks. Marks’ Trackhouse Racing team added Pitbull as an owner last month. 

The Grand Prix investment adds to Timberlake’s portfolio of sports endeavors.

  • Owned Mirimichi Golf Course in Memphis from 2009-14
  • William Rast, Timberlake’s clothing brand, sponsored the late IndyCar driver Dan Wheldon.
  • Became a minority owner of the Memphis Grizzlies in 2012.
  • Joined Tiger Woods as a lead partner in the Hurricane Junior Golf Tour in 2017.
  • Joined an ongoing effort to bring an MLB team to Nashville through the Music City Baseball group in 2020.

“Incorporating music and sports is interesting to him,” John Loar, another investor in the Nashville MLB project, said about Timberlake.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NBC Turns to ‘Odd/Even’ Dual Announcer Pairings for U.S. Open

Two NBC broadcast teams will alternate holes at the 2024 U.S. Open.
May 6, 2023; Miami Gardens, Florida, USA; Red Bull driver Max Verstappen (1) of the Netherlands walks through the garage area following qualifying for the Miami Grand Prix at Miami International Autodrome.

Max Verstappen Is Unstoppable. Is That Hurting F1 With New American Fans?

Formula One could be facing an inevitable plateau in the United States.

From Hype to Staple: Miami GP Now a Formula One Fixture

Ticket pricing and viewership have fallen, but the high-profile race is still becoming core to the local sports scene.

Miami GP Highlights Continued Formula One Investment in the U.S.

F1 now has three events in the U.S., and each one has its own unique draw.
podcast thumbnail mobile
Front Office Sports Today

How Marvin Harrison Jr. Could Change the NFL

0:00
0:00

Featured Today

Apr 17, 2024; Tempe, Arizona, USA; Arizona Coyotes left wing Lawson Crouse (67) celebrates after scoring a goal during the third period against the Edmonton Oilers at Mullett Arena.

Everything to Know About the Coyotes’ Second Chance at NHL Life

The clock is ticking in order to restart a Phoenix expansion team.
April 28, 2024

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

‘Baseless Corporate Conspiracy’: Hedge Fund Heats Up Feud Between NBA Owners

The Mat Ishbia–Dan Gilbert feud has exploded into view this week.
March 14, 2024

Chiefs’ President Threatens Team Could Leave Kansas City If Voters Don’t Give It Money

The Hunt family’s cheapness continues to show after Super Bowl title.
March 25, 2024

Tony Clark Appears to Be Winning Fight Over Baseball’s Union

Some players had recently called for the removal of Clark’s top negotiator.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
IRS
February 15, 2024

IRS to Start Auditing Sports Owners

Audit increase comes with the agency’s increased enforcement budget.
Theo Epstein
February 2, 2024

Theo Epstein Returns Home, Joins Fenway Sports Group

The 50-year-old will serve as a senior adviser to the ownership group.
January 24, 2024

Former Tottenham Owner Pleads Guilty to Insider Trading Charges

Tottenham is worth $2.8 billion and owned by Lewis’s family trust.
Mark Cuban and Dallas Mavericks.
November 28, 2023

Adelson Family Freed Up $2B To Reportedly Buy Stake In Dallas Mavericks

Miriam Adelson is selling a portion of her Las Vegas Sands Corp stock.