Knighthead Capital Acquires Minority Stake in LEGACY MOTOR CLUB

January 27, 2025

Knighthead Capital Management, LLC has acquired a minority stake in LEGACY MOTOR CLUB, a NASCAR Cup Series racing team co-owned by Jimmie Johnson and Maury Gallagher. The strategic partnership positions LEGACY MC to expand its competitive presence, global brand recognition, commercial partnerships and fan engagement while Johnson assumes majority ownership and Gallagher moves to an ambassador role.

Buyers
Knighthead Capital Management, LLC
Targets
LEGACY MOTOR CLUB
Location
North Carolina, United States
Transaction Type
Growth capital

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