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"I don't want to stand right beside my dad," Coy said. He lets his father and team president Dave Alpern do the sponsorship and media stuff. That's what I've done the majority of my life."Ĭoy said he spends much of his time handling things such as the pit crew, the technical side, engineering, travel and the financials.
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There's no college you can go to to understand how to run a race team or understand how a race team operates. "I don't know how you get a better education in it. "As far as the business, that's pretty much all I've ever done, all I've known since I got out of college," Coy said. His 15-year-old son, Ty Gibbs, races late-model stocks. He oversaw JGR's Supercross side for a decade. He eventually started building his own stock cars, racing from 1999 to 2003. After graduating from Stanford - he led the football team in tackles his senior year in 1994 - he worked for the family's NHRA team as a mechanic. I can't predict the future, but I plan on being here for the long term."Ĭoy feels he is prepared. "I will fight as hard as I possibly can because that is his legacy and what he built along with my dad. "My brother pretty much dedicated his life to this place and I sure as heck ain't letting it go," the 45-year-old Coy Gibbs said. Coy was promoted to chief operating officer in 2016 and is the namesake expected to lead the team into the future. began suffering brain function problems in 2015, Joe became more involved. Roush Fenway Racing president Steve Newmark said Roush has financially structured the organization to continue well into the future.Īt JGR, Joe's oldest son, J.D., helped build the team and essentially ran it when his father returned to coaching the Washington Redskins from 2004 to 2007. Roush's children have not been involved with the operation of the race team. "We have strong and experienced management teams in place who are fully capable of operating the business." "There is an annual succession planning process in all of the Penske companies," the team said in a statement. Penske has several people who handle his racing operations, including Team Penske president Tim Cindric, who has been with the organization since 1999. Penske has five children but only two have been fairly active in motorsports - Greg (who ran the company that owned racetracks) and Jay (the Penske Media Corp. Believe me, I hear about it every Monday morning, sometimes Sunday night." "She runs our winery, some of our other businesses. "She can run it better than me," Childress said.
#Who worth more money rich hendrick or roger penske driver
"I think our deal is in good shape for the future."Ĭhildress has one daughter, Tina, who is married to former race car driver and RCR senior vice president Mike Dillon. Junior, we're partners up at the Xfinity deal. "My son-in-law, Marshall Carlson, is doing an unbelievable job," Hendrick said. Former driver Jeff Gordon also has taken a more active role in the organization. Hendrick's son-in-law Marshall Carlson is the team's president. Some have had public scares with death - Roush has survived two plane crashes and Hendrick survived a bout with leukemia. Sometimes they are made out to be a little bigger than they actually are."Īll the major teams say they have plans in place to continue their founders' legacies. "You're always going to have hurdles in any sport. And you kind of hand it down from generation to generation. "It's a great sport," said Coy Gibbs, son of Joe Gibbs and chief operating officer of Joe Gibbs Racing. So what will happen to the teams when their owners, the racing enthusiasts, can no longer do it?

The over-65 crowd of owners in the top 25 includes Joe Gibbs (77), Jack Roush (turns 76 on April 15), Richard Childress (72), Barney Visser (68), Rick Hendrick (68), Eddie Wood (66 on Sunday) and Gene Haas (65). Roger Penske, 81, stayed up for all 24 hours of the Rolex 24 at Daytona, outlasting some of his much younger executives, and spends plenty of weekends at the track.Īt 80, Richard Petty remains one of the most sought-after autographs at the track and often can be seen on race weekends monitoring the moves of the Richard Petty Motorsports team. Many are active and many show little sign of slowing down. The owners up there in years don't act their age. Its owners aren't all that young, bringing into question who will be leading NASCAR from outside the driver's seat.
#Who worth more money rich hendrick or roger penske drivers
The NASCAR marketing campaign promoting its athletes relies heavily on its young drivers - the new faces of the sport and ones league executives hope resonate with both new and longtime fans.īut NASCAR's "age" issue isn't just with an aging fan base. Who will make up the next generation of NASCAR team owners?
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