NASCAR Legend Jimmie Johnson to Join Petty GMS As Co-Owner

The seven-time champion will also return to the grid with a limited schedule.

Jimmie Johnson announced Friday that he is making his return to NASCAR as both a co-owner of a team and as a part-time driver. 

The seven-time NASCAR Cup Series champion is joining Petty GMS and he will run a limited schedule in 2023, which will include the Daytona 500. Johnson spent the last two seasons competing in IndyCar before deciding two weeks before the ‘22 finale that he’d be stepping away from full-time racing. 

“I've had a watchful eye on the ownership part and what's happening with NASCAR, and the opportunity that I have here, the business structure and the model with NASCAR charters is just so different from than anything else in motorsports,” Johnson said to the Associated Press. "I want to be part of it. We certainly watched Michael Jordan join, what the Trackhouse Racing folks have done, and there's all these rumors of people who want to get into the sport.

“I'm honored and thankful that I'm going to be part of it.”

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— Jimmie Johnson (@JimmieJohnson) November 4, 2022

During Friday’s press conference announcing this move, Johnson admitted, “I did not see this in my future,” adding that the offer to join Petty GMS is a “life-changing opportunity.“

Richard Petty, nicknamed The King, sat next to Johnson during the press conference, and when asked what his reaction was, he said, “You've got to be kidding. Jimmie Johnson wants to be involved with us? This has got to be one of the biggest things that have happened to the Petty crowd and GMS from that standpoint.”

Maury Gallagher, who was also present at the press conference, confirmed that he is still the majority owner of the organization following the addition of Johnson to the ownership group.

Rick Hendrick, owner of Hendrick Motorsports where Johnson competed from 2001-20, released a statement Friday in wake of the news. 

“This is a tremendous day for our sport. Jimmie is one of the all-time great champions on the racetrack, and I know he’ll apply the same mentality to his role as a team owner,” Hendrick said in a statement.”When he sets his mind to something, the level of commitment and work ethic he brings is unsurpassed. Seeing Jimmie in a fire suit with his name on the roof of a Chevrolet at the Daytona 500 is going to be very special for a lot of people. Competing against him will certainly be a change, and a big challenge, but we welcome his return to NASCAR and look forward to the next chapter of a truly remarkable career.”

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