Tuesday, May 26, 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

Everything PGA Tour Players Can—and Can’t—Do on Social Media

The new policy was officially rolled out to players last week.
May 14, 2026; Newtown Square, Pennsylvania, USA; Bryson DeChambeau reacts on the ninth green during the first round of the PGA Championship golf tournament at Aronimink Golf Club. Mandatory Credit: Bill Streicher-Imagn Images

DeChambeau ‘Optimistic’ About LIV Golf Amid Funding Uncertainty

DeChambeau missed the cut at the first two majors of 2026.

Sportradar Hit With Lawsuit Over Alleged Illegal Gambling Ties

The suit alleges investors were harmed by shady overseas business conduct.

Felix Rosenqvist Wins Wild Indy 500 After Record 70 Lead Changes

There were 14 different leaders at various points in the race.

Featured Today

May 24, 2026; Evanston, IL, USA; Northwestern Wildcats attack Kathryn Ratanaproeksa (13) shoots against the North Carolina Tar Heels during the first half at Martin Stadium

Can Women’s Lacrosse Buck the Trend in College Sports?

The sport is fighting to prove its worth in the revenue-sharing era.
May 22, 2026

Big Money on the Line on Premier League’s Final Day

Arsenal has won the title, but millions are still at stake.
Texas State mascot
May 22, 2026

Mascot-Reveal Videos Are the Newest College Sports Tradition

Student mascot unmasking videos are going mega-viral.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.
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.

Can Travis Kelce Save Six Flags?

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

The Hidden Economy of Race Weekend

Learn more about the Vintage Flying Museum and how Spectrum Business is helping them achieve their business goals while fueling their dreams.
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.
Dave Checketts
October 17, 2025

When David Stern Accused Knicks of Circumventing Salary Cap in 1993

The Knicks walked away clean when accused of cap circumvention in the 1990s.