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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 NASCAR Cup ...

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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 ...

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Knighthead Capital Management has acquired a minority stake in LEGACY MOTOR CLUB, making Jimmie Johnson the majority owner as Maury Gallagher steps back from the day-to-day operations of the team.