Friday, August 7, 2026

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.

This field is for validation purposes and should be left unchanged.

Sign up for the
Asset Class Newsletter

Get the latest in sports finance, investment, and transaction activity, straight to your inbox once a week.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

President Donald Trump waves as he leaves Trump International Golf Club on March 28, 2026, in West Palm Beach, Florida.

Trump’s Growing Pro Golf Influence on Display at Bedminster

Trump Bedminster is hosting LIV Golf New York this week.
Aug 6, 2026; Bedminster, New Jersey, USA; Bryson DeChambeau points right after his tee shot on the first tee during the first round of the LIV Golf New York tournament at Trump National Bedminster.

7 Burning Questions for LIV Golf Amid Claim of New Funding

Private equity firm BC Partners is reportedly exploring a deal with LIV.

Netflix Wants to Not ‘Do Too Much’ With Field of Dreams Game

The upgraded Iowa complex now has a permanent stadium. 

Anthony Rizzo: MLB Doesn’t Have Competitive Balance Problem

The former MLB star talked labor, sports betting, and his own broadcasting.
podcast thumbnail mobile
Front Office Sports Today

8/7/26 – Aikman and Buck Talks, Fox Won’t Renegotiate NFL Rights Until 2028, and Yankees’ Polymarket Deal

0:00

Featured Today

Joey Spallina of the Maryland Whipsnakes

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Tom's Watch Bar
July 17, 2026

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Tennis - French Open - Roland Garros, Paris, France - May 28, 2026 France's Moise Kouame reacts during his second round match against Paraguay's Adolfo Daniel Vallejo REUTERS/Guglielmo Mangiapane

Lawyers Explain Odd Case of Moïse Kouamé’s French Open Prize Money

Kouamé has secured nearly $220,000 by advancing to Round 3 in Paris.
Sep 25, 2025; Boston, MA, USA; Boston Celtics lead owner and governor Bill Chisholm speaks during a press conference at Auerbach Center.
October 22, 2025

The NBA’s Expanding Private-Equity Footprint

There is a PE connection of some kind for 20 of 30 teams.
Oct 12, 2025; Kansas City, Missouri, USA; Kansas City Chiefs tight end Travis Kelce (87) takes the field prior to a game against the Detroit Lions at GEHA Field at Arrowhead Stadium.
October 23, 2025

Can Travis Kelce Save Six Flags?

The NFL star joined an activist investor in pushing for change.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
Oct 5, 2025; New Orleans, Louisiana, USA; Former New Orleans Saints quarterback Drew Brees smiles prior to the game against the New York Giants at Caesars Superdome.
October 21, 2025

Drew Brees Flag Football League Sells to PE Amid Youth Boom

Football ‘N’ America operates 24 flag football leagues across the country.
Christie's
October 21, 2025

Gehrig’s $4M Jersey and the Exploding Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
Jason Belzer
October 17, 2025

College Sports Is ‘Too Big of an Opportunity’

Panelists at the Asset Class summit agreed college sports is the next frontier.
Jon Ledecky
October 17, 2025

Islanders Owner Warns WNBA Against Labor Strife: ‘No Bueno’

Jon Ledecky drew a stark contrast between the two leagues.