Tuesday, June 30, 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

Jun 28, 2026; Baltimore, Maryland, USA; Baltimore Orioles outfielder Colton Cowser (17) congratulates infielder Jackson Holliday (7) at home plate after Holliday hit a two-run home run in the seventh inning against the Washington Nationals at Oriole Park at Camden Yards.

Underperforming Teams Make for Uncertain Trade Market

Many clubs don’t yet know whether they will be buyers or sellers.
Jun 28, 2026; Cromwell, Connecticut, USA; Viktor Hovland follows his drive on the 1st hole during the final round of the Travelers Championship golf tournament. Mandatory Credit: John Dufour-Imagn Images

NBC Misses First Hour of Red Sox–Yankees Amid PGA Tour Delay

The Travelers Championship experienced a weather delay on Sunday.
Jun 24, 2026; New York City, New York, USA; Norway national soccer team fans show support accompanied by Mr. and Mrs. Met during the MLB game between the New York Mets and the Chicago Cubs at Citi Field.

World Cup Fans Are Taking Over MLB Stadiums

About 8,000 Scottish fans attended the Marlins game Monday night.
podcast thumbnail mobile
Front Office Sports Today

6/30/26 – Comcast Splits in Two, NBA Gambling Probe Grows, NBA Free Agency Opens, Serena Returns at Wimbledon

0:00

Featured Today

June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.
June 25, 2026

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Indiana Fever guard Lexie Hull (10) celebrates a three-point basket Monday, June 22, 2026, during the game at Gainbridge Fieldhouse in Indianapolis. The Indiana Fever defeated the Phoenix Mercury, 86-77
June 24, 2026

Female Athletes Are Trying to Build the ‘Athleisure of Beauty’

“Performance cosmetics” have emerged alongside the women’s sports boom.
June 18, 2026

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
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

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
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.