In the Hollywood scene, it was the end of an era as Daniel Craig played the iconic role of James Bond for the last time. The 53-year-old English actor appeared in the Bond film, No Time to Die, recently. Suffice to say, many fans were eagerly rushing to the movie theatres to watch the film. Among them was ARCA Series star and Joe Gibbs Racing driver, Ty Gibbs, who absolutely loved the movie. In fact, he even tweeted about it and paid tribute to the character. Unfortunately, he forgot the cardinal rule of being a movie-goer: never spoil the ending. As a result of his gaffe, several fans called him out on Twitter for spoiling the movie. Some of the fans forgave him, as they’d watched the movie already, but there were many others who did not. WHAT NEXT FOR THE JOE GIBBS RACING DRIVER IN HIS BUDDING NASCAR CAREER? The youngster has already been hugely impressive in his limited appearances in the 2021 season. This includes four wins, five Top 5 finishes, and a 7th place finish at Richmond. Owing to his incredible performances, the Joe Gibbs Racing team has deemed him fit to reward him with a full-time seat. Xfinity Series driver Ty Gibbs celebrates after winning at Daytona [https://image-cdn.essentiallysports.com/wp-content/uploads/20210221172657/2021-02-21T012557Z_1621600117_MT1USATODAY15605375_RTRMADP_3_NASCAR-XFINITY-SERIES-SUPER-START-BATTERIES-188.jpg]Daytona Beach, FL, USA; NASCAR Xfinity Series driver Ty Gibbs (54) celebrates after winning the Super Start Batteries 188 at the Daytona International Speedway Road Course. Mandatory Credit: Jasen Vinlove-USA TODAY Sports Obviously, the driver is taking the JGR seat, though his racing number has yet to be confirmed. Gibbs will partner Brandon Jones, who will drive the #19 car, but the outfit’s third car still needs a driver. In essence, Ty Gibbs will take over from reigning champion Daniel Hemric, and Harrison Burton. Hemric will move over to Kaulig Racing while Burton graduates to the Cup Series, along with Austin Cindric. Conventional wisdom suggests that Joe Gibbs Racing will retain the #18 and #20 numbers. Furthermore, the young talented driver [https://heavy.com/sports/nascar/ty-gibbs-headlines-rookie-year-winners/] could be in a strong position to take over the #18 car from Hemric. Now the question is, who will take over the remaining JGR seat in the Xfinity Series? READ MORE: Joe Gibbs Racing Plan Full Time Xfinity Gig For Rookie Sensation Ty Gibbs [https://www.essentiallysports.com/nascar-news-joe-gibbs-racing-plan-full-time-xfinity-gig-for-rookie-sensation-ty-gibbs/] 

Recently, Joe Gibbs Racing Xfinity Series driver Ty Gibbs made a massive faux
pas when he dropped accidental spoilers for a major movie.

Dhruv George is a senior Motorsports author for EssentiallySports, having
authored nearly 12000 articles spanning different sports like F1, NASCAR,
Tennis, NFL, and eSports. He graduated with a PG Diploma in Journalism from the
Xavier Institute of Communications. Dhruv has also conducted interviews with F1
driver Pierre Gasly and Moto2 rider Tony Arbolino. He has been an ardent
follower of motorsports sport since 2001, holding Carlos Sainz Jr. and McLaren
in high regard.

https://image-cdn.essentiallysports.com/wp-content/uploads/Dhruv_George.png

Dhruv George

NASCAR: Xfinity Series Super Start Batteries 188

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Joe Gibbs Racing Driver Drops a Major James Bond Spoiler for his Fans

“Hendrick Runs NASCAR”: Joe Gibbs & Co’s Protest Being Shut Down Amid Chevrolet
Favoritism Enrages Fans

Kyle Larson Gives the Shock of the Season After a Miserable Round of 8 Sees the
Former Champ Crash Out

Kyle Petty Stirs Outrage In NASCAR Fans With Bold Take on Chevrolet’s Blatant
Race Manipulation

Situation Looks Bleak for Rick Hendrick and Co. as New Revelations Cement
Allegations Against the Chevrolet Camp

Amidst the NASCAR Lawsuit Chaos, Tony Stewart’s Charters to Potentially Have a
Resolution

<h2 style="text-align: center"><strong>What is Joe Gibbs Racing?
</strong></h2>
There have been several instances of people switching from one sport to another, be it an athlete, a coach, or anyone else related to a particular sport. The switch is often challenging and more often than not, the person making the switch fails to make an impact in the second sport they had chosen.

But once in a while, there comes a person who earns their accolades no matter where they go and becomes immortalized in more than one discipline. That is the story of former football coach <a href="https://www.essentiallysports.com/tag/joe-gibbs/" target="_blank" rel="noopener">Joe Gibbs</a>, who made the switch to NASCAR and created one of the most successful Cup and Xfinity Series teams of all time, Joe Gibbs Racing.

[caption id="attachment_2651626" align="aligncenter" width="3300"]<img class="wp-image-2651626 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2024-02-16T231257Z_216673469_MT1USATODAY22539974_RTRMADP_3_NASCAR-CUP-PRACTICE.jpg" alt="" width="3300" height="2200" /> Feb 16, 2024; Daytona Beach, Florida, USA; NASCAR team owner Joe Gibbs watches practice for the Daytona 500 at Daytona International Speedway. Mandatory Credit: Jasen Vinlove-USA TODAY Sports[/caption]
<h2 style="text-align: center"><strong>The history of Joe Gibbs Racing</strong></h2>
When the team was founded in 1992, there was a lot of skepticism around it. After all, Joe Gibbs had been a football man all his life. What would he know of auto racing to be successful? However, after 8 years of toiling away since its inception, JGR struck gold when it defied the odds to win the NASCAR Cup Series with Bobby Labonte in 2000. The team was always run by Gibbs and his son JD Gibbs.

After the latter's untimely passing in 2019, his father has been running things. The team began its journey with Chevrolet from 1992 to 1996 before moving on to Pontiac for 6 seasons. They then again moved back to Chevy in 2003 till 2007. However, since 2007, they have been operating as a Toyota team and have earned much success from the partnership.
<h2 style="text-align: center"><strong>Why did Joe Gibbs form a NASCAR team?</strong></h2>
The one question that has perplexed both motorsports and football fans is why Joe Gibbs decided to start a race team in the first place. He was a highly successful coach during his time with the Washington Commanders as he guided them to three Superbowl victories and was twice named coach of the year in the NFL. So why make such a risky jump? Well, it turns out that his son JD Gibbs had a big role to play in it.

Despite his dad being a football coach, JD was in awe of motorsports more than football. He wanted his father to do something in that discipline and eventually, the Washington coach caved in and formed Joe Gibbs Racing in 1992, something which he had earlier called <em>"a dream on a sheet of paper".</em>

<img class="aligncenter wp-image-1138516 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/joe-gibbs-racing-issues-statement-pocono.jpg" alt="" width="1600" height="900" />

The team struggled in its early days as one would expect but Joe Gibbs never gave up. He kept at it for years and finally, after eight years of tireless work, JGR won their first Cup Series championship. The team then ushered in a golden era during which they won three championships in six years with Labonte and Tony Stewart, solidifying their place in the world of motor racing. Then came a decade-long title drought in the Cup after which Kyle Busch led the team to two more Cup Series championships (2015, 2019). The team has also won four Xfinity Series and one ARCA title.
<h2 style="text-align: center"><strong>Joe Gibbs Racingâ€™s net worth 2024</strong></h2>
Being one of the most successful teams in NASCAR with five <a href="https://www.essentiallysports.com/category/nascar/nascar-cup-series/" target="_blank" rel="noopener">Cup</a> and four <a href="https://www.essentiallysports.com/category/nascar/nascar-xfinity-series/" target="_blank" rel="noopener">Xfinity Series</a> championships, it is no wonder that Joe Gibbs Racing is worth quite a lot. There are no official figures or reports about the team's net worth in 2024 but as per Forbes, in 2020, the legendary race team was worth $230 million. This is a number that has certainly risen in the past four years and the present value of the team must be a lot more than that.
<h2 style="text-align: center"><strong>Joe Gibbs Racing drivers</strong></h2>
The legendary NASCAR team currently operates with four full-time cars in the Cup Series - #11 (Denny Hamlin), #19 (Martin Triuex Jr), #20 (Christopher Bell), and #54 (Ty Gibbs). In the Xfinity Series, the team has two full-time cars, the #18 of Sheldon Creed and the #81 of Chandler Smith. When it comes to the Cup Series, the team has seen several great racers, all of who has made the current numbers that the teams are running legendary.

As far as the #11 is concerned, the man who made that number relevant in NASCAR's biggest competition in the modern era is <a href="https://www.essentiallysports.com/tag/denny-hamlin/" target="_blank" rel="noopener">Denny Hamlin</a>. The motorsports veteran might not have won the Cup so far in his career but there is certainly no taking away from the 50-plus race wins he has had, including three Daytona 500 wins. The 43-year-old is in the twilight years of his career and knows that he will have to win it pretty soon if he does not want to be called the best racer to never win the Cup Series in the sport's history.

[caption id="attachment_2651579" align="aligncenter" width="5045"]<img class="wp-image-2651579 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2024-02-04T053546Z_95028193_MT1USATODAY22441766_RTRMADP_3_NASCAR-BUSCH-LIGHT-CLASH-AT-THE-COLISEUM-1.jpg" alt="" width="5045" height="3363" /> Feb 3, 2024; Los Angeles, California, USA; NASCAR Cup Series driver Denny Hamlin (11) celebrates his victory of the Busch Light Clash at Los Angeles Memorial Coliseum. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports[/caption]

The story of the #19 car is similar to that of the #11 in the sense that it is an incredibly strong outfit. They even have former Cup Series champion(2017) <a href="https://www.essentiallysports.com/tag/martin-truex-jr/" target="_blank" rel="noopener">Martin Truex Jr</a> sitting behind its wheel. However, the veteran has not been able to replicate his 2017 success with the team yet, and much like Hamlin, he too is in the twilight stages of his career.

[caption id="attachment_2651611" align="aligncenter" width="4283"]<img class="wp-image-2651611 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2024-02-16T005204Z_1962618893_MT1USATODAY22531991_RTRMADP_3_NASCAR-BLUEGREEN-VACATIONS-DUEL-1-AT-DAYTONA.jpg" alt="" width="4283" height="2855" /> Feb 15, 2024; Daytona Beach, Florida, USA; NASCAR Cup Series driver Martin Truex Jr. (19) before the start of the Bluegreen Vacations Duel 1 at Daytona International Speedway. Mandatory Credit: Peter Casey-USA TODAY Sports[/caption]

Things get interesting with the #20 car as it is one with immense history. The #20 car has seen it all and won it all. During the team's most successful era during the early 2000s, <a href="https://www.essentiallysports.com/tag/tony-stewart/" target="_blank" rel="noopener">Tony Stewart</a> stepped up and won two Cup Series championships. Smoke's title wins put the team on the map and Joe Gibbs has never looked back since. Currently, the driver of the #20 is <a href="https://www.essentiallysports.com/tag/christopher-bell/" target="_blank" rel="noopener">Christopher Bell</a>. The team has also seen legends like <a href="https://www.essentiallysports.com/tag/joey-logano/" target="_blank" rel="noopener">Joey Logano</a>, <a href="https://www.essentiallysports.com/tag/matt-kenseth/" target="_blank" rel="noopener">Matt Kenseth</a>, and <a href="https://www.essentiallysports.com/tag/erik-jones/" target="_blank" rel="noopener">Erik Jones</a> race in it.

[caption id="attachment_2651603" align="aligncenter" width="4143"]<img class="wp-image-2651603 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2024-02-16T030739Z_2096159732_MT1USATODAY22533217_RTRMADP_3_NASCAR-BLUEGREEN-VACATIONS-DUEL-2-AT-DAYTONA.jpg" alt="" width="4143" height="2762" /> Feb 15, 2024; Daytona Beach, Florida, USA; NASCAR Cup Series driver Christopher Bell (20) reacts in victory lane after winning the Bluegreen Vacations Duel 2 at Daytona International Speedway. Mandatory Credit: Peter Casey-USA TODAY Sports[/caption]

But perhaps the most iconic car number belongs to Ty Gibbs, or what it used to be numbered back in the day. The #54 was the #18 car back when <a href="https://www.essentiallysports.com/tag/kyle-busch/" target="_blank" rel="noopener">Kyle Busch</a> was a racer in the team. It was the first car that Joe Gibbs fielded when he first started the team and it has produced world champions like Rowdy and the team's first-ever Cup winner, Bobby Labone. After Busch left the team for Richard Childress Racing at the end of 2022, Ty Gibbs took his place and his car was renumbered #54.

[caption id="attachment_2651572" align="aligncenter" width="4350"]<img class="wp-image-2651572 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2024-02-16T005220Z_595951626_MT1USATODAY22531998_RTRMADP_3_NASCAR-BLUEGREEN-VACATIONS-DUEL-1-AT-DAYTONA.jpg" alt="Ty Gibbs" width="4350" height="2900" /> Feb 15, 2024; Daytona Beach, Florida, USA; NASCAR Cup Series driver Ty Gibbs (54) before the start of the Bluegreen Vacations Duel 1 at Daytona International Speedway. Mandatory Credit: Peter Casey-USA TODAY Sports[/caption]
<h2 style="text-align: center"><strong>Joe Gibbs Racing partnerships and endorsements</strong></h2>
They might be a newer team compared to the likes of Hendricks Motorsports and Richard Childress Racing, but Joe Gibbs Racing is one of the biggest teams in NASCAR today. That means they have some of the biggest companies in the world backing them as sponsors to win championships like the Cup and the Xfinity Series. These sponsors include the likes of Coca-Cola, FedEx, Interstate Batteries, Monster Energy, Bass Pro Shops, Mavis Tires, and DeWalt to name a few.

FedEx has become synonymous with the #11 team of Denny Hamlin. The veteran NASCAR racer has been a partner of the brand for several years now and it doesn't seem like their time together will end anytime soon. The only thing that FedEx would want at this point more than anything is for Hamlim to win a Cup Series championship and become a true legend of the sport. Bass Pro Shops, the fishing equipment company has been in NASCAR for several years now and they also sponsor JGR's Martin Truex Jr. Joe Gibbs' son, Ty, is sponsored by Monster Energy and DeWalt is a partner of the#20 team of Christopher Bell.

[caption id="attachment_1524667" align="aligncenter" width="1920"]<img class="wp-image-1524667 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2023-02-05T004615Z_1749632695_MT1USATODAY19924889_RTRMADP_3_NASCAR-BUSCH-LIGHT-CLASH-1.jpg" alt="Ty Gibbs" width="1920" height="1118" /> Feb 4, 2023; Los Angeles, California, USA; NASCAR Cup Series driver Ty Gibbs (54) during practice for the Busch Light Clash at the Coliseum at the Los Angeles Memorial Coliseum. Mandatory Credit: Jason Parkhurst-USA TODAY Sports[/caption]

Overall, it is safe to say that the sponsorship situation is well thought out and distributed among JGR's four full-time Cup racers. Despite all of that, team owner Gibbs sold a small part of his organization in 2023.
<h2 style="text-align: center"><strong>Joe Gibbs Racing sells teamâ€™s minority stake</strong></h2>
The news was broken in June of 2023 that Joe Gibbs had sold a minority stake in Joe Gibbs Racing to Harris Blitzer Sports &amp; Entertainment (HSBE) and Arctos Partners. As part of the new deal, the 83-year-old NASCAR team owner would become a limited partner in HSBE.Â <em>â€œJosh Harris, David Blitzer, and their entire team have a vision that has delivered winning franchises in basketball, hockey, soccer, and youth sports. Their teams are among the most successful in their leagues in growing audience and sponsorship, and their commitment to the communities they work in is unparalleled. I am excited to join the HBSE family and to have their support in growing Joe Gibbs Racing,â€ </em>the 83-year-old said after the sale as per RACER.
<h2 style="text-align: center"><strong>Joe Gibbs Racing's major achievements and awards</strong></h2>
JGR is one of the most successful teams in NASCAR today with five championship wins in the NASCAR Cup Series. Bobby Labonte won the first title in the year 2000, followed by Tony Stewart who won the title twice in 2002 and 2005. The team then had to wait for 10 years before they got their fourth championship win with Kyle Busch in 2015 and Rowdy doubled his tally only four years later. When it comes to the Xfinity Series, the team has been almost equally as successful as in the Cup Series. Joe Gibbs Racing has won four Xfinity Series titles in 2009, 2016, 2021, and 2022. They also have an ARCA title to their name which was accomplished in 2021.

<img class="aligncenter wp-image-1447242 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/tony-stewart-joe-gibbs-e1573855590282.png" alt="Tony Stewart and Joe Gibbs" width="1200" height="627" />
<h2 style="text-align: center"><strong>Joe Gibbs Racing controversy</strong></h2>
They may be a fan-favorite team in NASCAR today but Joe Gibbs Racing was at the center of one of the biggest controversies in the sport's recent history. In the year 2008, the organizers had mandated that teams, especially ones with Toyota, would run smaller restrictor plates to cut horsepower. To check if teams adhered to the mandate, NASCAR used a dynamometer to measure the HP of many cars at Michigan in the Nationwide Series. It was found that a couple of JGR cars had been utilizing magnets to manipulate the throttle pedals to stop the accelerator from opening fully. Two drivers and the teams saw 150 points deducted and after an internal investigation, seven crew members were indefinitely suspended.

But that's not all JGR has been criticized for. The five-time Cup Series champions were accused of playing a big role in the shutting down of smaller race teams like Furniture Row Racing in 2018 and Leavine Family Racing in 2020. Both of those teams had entered into a technical alliance with JGR and Toyota Racing Development.

The way Kyle Busch left the team in 2023 was also quite questionable. According to Rowdy, the team did not have any sponsorship in place after Mars and M&amp;Ms pulled out of their deals at the end of the 2022 season. The team essentially wanted the two-time Cup Series champion to run an unsponsored car and that just did not sit well with him. <em>â€œWe got to call everybody else.â€™ â€¦ [Instead] they offered me a contract to race there and they werenâ€™t going to have sponsorship on the car, but I didnâ€™t feel like that was fair for the 15 years that I was there; I didnâ€™t want Joe putting his own money into the program,"Â </em>the NASCAR veteran had said later on.

[caption id="attachment_1242602" align="aligncenter" width="1920"]<img class="wp-image-1242602 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/GettyImages-1414787708-2.jpg" alt="Kyle Busch" width="1920" height="1280" /> RICHMOND, VIRGINIA - AUGUST 13: Kyle Busch, driver of the #18 M&amp;M's Toyota, waits on the grid during practice for the NASCAR Camping World Truck Series Worldwide Express 250 for Carrier Appreciation at Richmond Raceway on August 13, 2022 in Richmond, Virginia. (Photo by Jared C. Tilton/Getty Images)[/caption]
<h2 style="text-align: center"><strong> Joe Gibbs Racing loses its co-owner</strong></h2>
He may be one of the most successful team owners in NASCAR today but the struggles Joe Gibbs has had to go through, especially recently, have been unthinkable. Joe Gibbs Racing was founded thanks to his son JD Gibbs and both JD and his brother Coy helped run the team with their dad and were co-owners. Unfortunately, they both passed away in a span of a little over 3 years.

In 2019, JD Gibbs passed away after four years of battling <em>"conditions related to brain function".Â </em>As the years went by, it became more and more evident that his health was deteriorating yet he put up a valiant fight from 2015 to 2019. In 2022, the night Ty Gibbs won the NASCAR Xfinity Series championship, his father and Joe Gibbs' other son, Coy Gibbs, also passed away in his sleep and the cause of his death has not yet been announced. The following day was the Cup Series finale and the drivers involved with JGR at the time and in the past paid a heartfelt tribute to the late owner. One can only imagine what Ty must have been going through.
<h2 style="text-align: center"><strong>Joe Gibbs Social Media</strong></h2>
<table>
<tbody>
<tr>
<td><span style="font-weight: 400">Website</span></td>
<td><a href="https://www.joegibbsracing.com/" target="_blank" rel="noopener">https://www.joegibbsracing.com/</a></td>
</tr>
<tr>
<td><span style="font-weight: 400">Instagram</span></td>
<td><a href="https://www.instagram.com/joegibbsracing/?hl=en" target="_blank" rel="noopener">https://www.instagram.com/joegibbsracing/?hl=en</a></td>
</tr>
<tr>
<td><span style="font-weight: 400">Facebook</span></td>
<td><a href="https://www.facebook.com/joegibbsracing/" target="_blank" rel="noopener">https://m.facebook.com/joegibbsracing/</a></td>
</tr>
<tr>
<td><span style="font-weight: 400">Twitter</span></td>
<td><a href="https://x.com/JoeGibbsRacing?s=20" target="_blank" rel="noopener">https://x.com/JoeGibbsRacing?s=20</a></td>
</tr>
</tbody>
</table>
<table>
<tbody>
<tr>
<td><span style="font-weight: 400">Name</span></td>
<td>Joe Gibbs Racing</td>
</tr>
<tr>
<td><span style="font-weight: 400">Owners</span></td>
<td>Joe Gibbs, HSBE, Arctos Partners</td>
</tr>
<tr>
<td><span style="font-weight: 400">Base</span></td>
<td>Huntersville, North Carolina</td>
</tr>
<tr>
<td><span style="font-weight: 400">SeriesÂ </span></td>
<td>NASCAR Cup Series, Xfinity Series, ARCA Menards Series</td>
</tr>
<tr>
<td><span style="font-weight: 400">Race Drivers</span></td>
<td>Denny Hamlin, Christopher Bell, Martin Truex Jr, Ty Gibbs</td>
</tr>
<tr>
<td><span style="font-weight: 400">Sponsors</span></td>
<td><span style="font-weight: 400">Fed Ex, Coca-Cola, Interstate batteries, Monster Energy, Bass Pro Shops, Mavis Tires, DeWalt
</span></td>
</tr>
<tr>
<td><span style="font-weight: 400">Manufacturer</span></td>
<td>Toyota</td>
</tr>
<tr>
<td><span style="font-weight: 400">Founded</span></td>
<td>1992</td>
</tr>
<tr>
<td><span style="font-weight: 400">Latest Race</span></td>
<td>2023 NASCAR Cup Series Championship Race (Phoenix)</td>
</tr>
<tr>
<td><span style="font-weight: 400">Championship</span></td>
<td>Cup Series - 5

Xfinity Series - 4

ARCA - 1</td>
</tr>
<tr>
<td><span style="font-weight: 400">Race Victories</span></td>
<td>Cup Series - 207

Xfinity Series - 204

ARCA - 27</td>
</tr>
<tr>
<td><span style="font-weight: 400">Net Worth</span></td>
<td>No official figure for 2024, $230 million in 2020</td>
</tr>
</tbody>
</table>

Joe Gibbs Racing

What is Joe Gibbs Racing? There have been several instances of people switching from one sport to another, be it an athlete, a coach, or anyone else related to a particular sport. The switch is often challenging and more often than not, the person making the switch fails to make an impact in the second sport they had chosen. But once in a while, there comes a person who earns their accolades no matter where they go and becomes immortalized in more than one discipline. That is the story of former football coach Joe Gibbs, who made the switch to NASCAR and created one of the most successful Cup and Xfinity Series teams of all time, Joe Gibbs Racing. Feb 16, 2024; Daytona Beach, Florida, USA; NASCAR team owner Joe Gibbs watches practice for the Daytona 500 at Daytona International Speedway. Mandatory Credit: Jasen Vinlove-USA TODAY Sports The history of Joe Gibbs Racing When the team was founded in 1992, there was a lot of skepticism around it. After all, Joe Gibbs had been a football man all his life. What would he know of auto racing to be successful? However, after 8 years of toiling away since its inception, JGR struck gold when it defied the odds to win the NASCAR Cup Series with Bobby Labonte in 2000. The team was always run by Gibbs and his son JD Gibbs. After the latter&#8217;s untimely passing in 2019, his father has been running things. The team began its journey with Chevrolet from 1992 to 1996 before moving on to Pontiac for 6 seasons. They then again moved back to Chevy in 2003 till 2007. However, since 2007, they have been operating as a Toyota team and have earned much success from the partnership. Why did Joe Gibbs form a NASCAR team? The one question that has perplexed both motorsports and football fans is why Joe Gibbs decided to start a race team in the first place. He was a highly successful coach during his time with the Washington Commanders as he guided them to three Superbowl victories and was twice named coach of the year in the NFL. So why make such a risky jump? Well, it turns out that his son JD Gibbs had a big role to play in it. Despite his dad being a football coach, JD was in awe of motorsports more than football. He wanted his father to do something in that discipline and eventually, the Washington coach caved in and formed Joe Gibbs Racing in 1992, something which he had earlier called &#8220;a dream on a sheet of paper&#8221;. The team struggled in its early days as one would expect but Joe Gibbs never gave up. He kept at it for years and finally, after eight years of tireless work, JGR won their first Cup Series championship. The team then ushered in a golden era during which they won three championships in six years with Labonte and Tony Stewart, solidifying their place in the world of motor racing. Then came a decade-long title drought in the Cup after which Kyle Busch led the team to two more Cup Series championships (2015, 2019). The team has also won four Xfinity Series and one ARCA title. Joe Gibbs Racingâ€™s net worth 2024 Being one of the most successful teams in NASCAR with five Cup and four Xfinity Series championships, it is no wonder that Joe Gibbs Racing is worth quite a lot. There are no official figures or reports about the team&#8217;s net worth in 2024 but as per Forbes, in 2020, the legendary race team was worth $230 million. This is a number that has certainly risen in the past four years and the present value of the team must be a lot more than that. Joe Gibbs Racing drivers The legendary NASCAR team currently operates with four full-time cars in the Cup Series &#8211; #11 (Denny Hamlin), #19 (Martin Triuex Jr), #20 (Christopher Bell), and #54 (Ty Gibbs). In the Xfinity Series, the team has two full-time cars, the #18 of Sheldon Creed and the #81 of Chandler Smith. When it comes to the Cup Series, the team has seen several great racers, all of who has made the current numbers that the teams are running legendary. As far as the #11 is concerned, the man who made that number relevant in NASCAR&#8217;s biggest competition in the modern era is Denny Hamlin. The motorsports veteran might not have won the Cup so far in his career but there is certainly no taking away from the 50-plus race wins he has had, including three Daytona 500 wins. The 43-year-old is in the twilight years of his career and knows that he will have to win it pretty soon if he does not want to be called the best racer to never win the Cup Series in the sport&#8217;s history. Feb 3, 2024; Los Angeles, California, USA; NASCAR Cup Series driver Denny Hamlin (11) celebrates his victory of the Busch Light Clash at Los Angeles Memorial Coliseum. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports The story of the #19 car is similar to that of the #11 in the sense that it is an incredibly strong outfit. They even have former Cup Series champion(2017) Martin Truex Jr sitting behind its wheel. However, the veteran has not been able to replicate his 2017 success with the team yet, and much like Hamlin, he too is in the twilight stages of his career. Feb 15, 2024; Daytona Beach, Florida, USA; NASCAR Cup Series driver Martin Truex Jr. (19) before the start of the Bluegreen Vacations Duel 1 at Daytona International Speedway. Mandatory Credit: Peter Casey-USA TODAY Sports Things get interesting with the #20 car as it is one with immense history. The #20 car has seen it all and won it all. During the team&#8217;s most successful era during the early 2000s, Tony Stewart stepped up and won two Cup Series championships. Smoke&#8217;s title wins put the team on the map and Joe Gibbs has never looked back since. Currently, the driver of the #20 is Christopher Bell. The team has also seen legends like Joey Logano, Matt Kenseth, and Erik Jones race in it. Feb 15, 2024; Daytona Beach, Florida, USA; NASCAR Cup Series driver Christopher Bell (20) reacts in victory lane after winning the Bluegreen Vacations Duel 2 at Daytona International Speedway. Mandatory Credit: Peter Casey-USA TODAY Sports But perhaps the most iconic car number belongs to Ty Gibbs, or what it used to be numbered back in the day. The #54 was the #18 car back when Kyle Busch was a racer in the team. It was the first car that Joe Gibbs fielded when he first started the team and it has produced world champions like Rowdy and the team&#8217;s first-ever Cup winner, Bobby Labone. After Busch left the team for Richard Childress Racing at the end of 2022, Ty Gibbs took his place and his car was renumbered #54. Feb 15, 2024; Daytona Beach, Florida, USA; NASCAR Cup Series driver Ty Gibbs (54) before the start of the Bluegreen Vacations Duel 1 at Daytona International Speedway. Mandatory Credit: Peter Casey-USA TODAY Sports Joe Gibbs Racing partnerships and endorsements They might be a newer team compared to the likes of Hendricks Motorsports and Richard Childress Racing, but Joe Gibbs Racing is one of the biggest teams in NASCAR today. That means they have some of the biggest companies in the world backing them as sponsors to win championships like the Cup and the Xfinity Series. These sponsors include the likes of Coca-Cola, FedEx, Interstate Batteries, Monster Energy, Bass Pro Shops, Mavis Tires, and DeWalt to name a few. FedEx has become synonymous with the #11 team of Denny Hamlin. The veteran NASCAR racer has been a partner of the brand for several years now and it doesn&#8217;t seem like their time together will end anytime soon. The only thing that FedEx would want at this point more than anything is for Hamlim to win a Cup Series championship and become a true legend of the sport. Bass Pro Shops, the fishing equipment company has been in NASCAR for several years now and they also sponsor JGR&#8217;s Martin Truex Jr. Joe Gibbs&#8217; son, Ty, is sponsored by Monster Energy and DeWalt is a partner of the#20 team of Christopher Bell. Feb 4, 2023; Los Angeles, California, USA; NASCAR Cup Series driver Ty Gibbs (54) during practice for the Busch Light Clash at the Coliseum at the Los Angeles Memorial Coliseum. Mandatory Credit: Jason Parkhurst-USA TODAY Sports Overall, it is safe to say that the sponsorship situation is well thought out and distributed among JGR&#8217;s four full-time Cup racers. Despite all of that, team owner Gibbs sold a small part of his organization in 2023. Joe Gibbs Racing sells teamâ€™s minority stake The news was broken in June of 2023 that Joe Gibbs had sold a minority stake in Joe Gibbs Racing to Harris Blitzer Sports &amp; Entertainment (HSBE) and Arctos Partners. As part of the new deal, the 83-year-old NASCAR team owner would become a limited partner in HSBE.Â â€œJosh Harris, David Blitzer, and their entire team have a vision that has delivered winning franchises in basketball, hockey, soccer, and youth sports. Their teams are among the most successful in their leagues in growing audience and sponsorship, and their commitment to the communities they work in is unparalleled. I am excited to join the HBSE family and to have their support in growing Joe Gibbs Racing,â€ the 83-year-old said after the sale as per RACER. Joe Gibbs Racing&#8217;s major achievements and awards JGR is one of the most successful teams in NASCAR today with five championship wins in the NASCAR Cup Series. Bobby Labonte won the first title in the year 2000, followed by Tony Stewart who won the title twice in 2002 and 2005. The team then had to wait for 10 years before they got their fourth championship win with Kyle Busch in 2015 and Rowdy doubled his tally only four years later. When it comes to the Xfinity Series, the team has been almost equally as successful as in the Cup Series. Joe Gibbs Racing has won four Xfinity Series titles in 2009, 2016, 2021, and 2022. They also have an ARCA title to their name which was accomplished in 2021. Joe Gibbs Racing controversy They may be a fan-favorite team in NASCAR today but Joe Gibbs Racing was at the center of one of the biggest controversies in the sport&#8217;s recent history. In the year 2008, the organizers had mandated that teams, especially ones with Toyota, would run smaller restrictor plates to cut horsepower. To check if teams adhered to the mandate, NASCAR used a dynamometer to measure the HP of many cars at Michigan in the Nationwide Series. It was found that a couple of JGR cars had been utilizing magnets to manipulate the throttle pedals to stop the accelerator from opening fully. Two drivers and the teams saw 150 points deducted and after an internal investigation, seven crew members were indefinitely suspended. But that&#8217;s not all JGR has been criticized for. The five-time Cup Series champions were accused of playing a big role in the shutting down of smaller race teams like Furniture Row Racing in 2018 and Leavine Family Racing in 2020. Both of those teams had entered into a technical alliance with JGR and Toyota Racing Development. The way Kyle Busch left the team in 2023 was also quite questionable. According to Rowdy, the team did not have any sponsorship in place after Mars and M&amp;Ms pulled out of their deals at the end of the 2022 season. The team essentially wanted the two-time Cup Series champion to run an unsponsored car and that just did not sit well with him. â€œWe got to call everybody else.â€™ â€¦ [Instead] they offered me a contract to race there and they werenâ€™t going to have sponsorship on the car, but I didnâ€™t feel like that was fair for the 15 years that I was there; I didnâ€™t want Joe putting his own money into the program,&#8221;Â the NASCAR veteran had said later on. RICHMOND, VIRGINIA &#8211; AUGUST 13: Kyle Busch, driver of the #18 M&amp;M&#8217;s Toyota, waits on the grid during practice for the NASCAR Camping World Truck Series Worldwide Express 250 for Carrier Appreciation at Richmond Raceway on August 13, 2022 in Richmond, Virginia. (Photo by Jared C. Tilton/Getty Images) Joe Gibbs Racing loses its co-owner He may be one of the most successful team owners in NASCAR today but the struggles Joe Gibbs has had to go through, especially recently, have been unthinkable. Joe Gibbs Racing was founded thanks to his son JD Gibbs and both JD and his brother Coy helped run the team with their dad and were co-owners. Unfortunately, they both passed away in a span of a little over 3 years. In 2019, JD Gibbs passed away after four years of battling &#8220;conditions related to brain function&#8221;.Â As the years went by, it became more and more evident that his health was deteriorating yet he put up a valiant fight from 2015 to 2019. In 2022, the night Ty Gibbs won the NASCAR Xfinity Series championship, his father and Joe Gibbs&#8217; other son, Coy Gibbs, also passed away in his sleep and the cause of his death has not yet been announced. The following day was the Cup Series finale and the drivers involved with JGR at the time and in the past paid a heartfelt tribute to the late owner. One can only imagine what Ty must have been going through. Joe Gibbs Social Media  Website https://www.joegibbsracing.com/  Instagram https://www.instagram.com/joegibbsracing/?hl=en  Facebook https://m.facebook.com/joegibbsracing/  Twitter https://x.com/JoeGibbsRacing?s=20    Name Joe Gibbs Racing  Owners Joe Gibbs, HSBE, Arctos Partners  Base Huntersville, North Carolina  SeriesÂ  NASCAR Cup Series, Xfinity Series, ARCA Menards Series  Race Drivers Denny Hamlin, Christopher Bell, Martin Truex Jr, Ty Gibbs  Sponsors Fed Ex, Coca-Cola, Interstate batteries, Monster Energy, Bass Pro Shops, Mavis Tires, DeWalt  Manufacturer Toyota  Founded 1992  Latest Race 2023 NASCAR Cup Series Championship Race (Phoenix)  Championship Cup Series &#8211; 5 Xfinity Series &#8211; 4 ARCA &#8211; 1  Race Victories Cup Series &#8211; 207 Xfinity Series &#8211; 204 ARCA &#8211; 27  Net Worth No official figure for 2024, $230 million in 2020

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Recently, Joe Gibbs Racing Xfinity Series driver Ty Gibbs made a massive faux pas when he dropped accidental spoilers for a major movie.

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Joe Gibbs Racing Driver Drops a Major James Bond Spoiler for his Fans - EssentiallySports

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<h2 style="text-align: center"><b>Ty Gibbs: Net Worth 20</b><b>24, Stats, Salary, Wife and More</b></h2>
<h2 style="text-align: center"><strong>Who is Ty Gibbs?</strong></h2>
Despite his young age, the one driver who has managed to turn heads with his performance and even leave behind seasoned veterans of the sport is 21-year-old Ty Gibbs. Notably, the driver is <a href="https://www.essentiallysports.com/category/nascar/joe-gibbs-racing/">Joe Gibbs Racing</a> team owner and former NFL coach<a href="https://www.essentiallysports.com/tag/joe-gibbs/"> Joe Gibbs</a>' grandson.

[caption id="attachment_1582070" align="alignnone" width="1920"]<img class="wp-image-1582070 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2023-02-16T033922Z_1616764054_MT1USATODAY20005222_RTRMADP_3_NASCAR-CUP-QUALIFYING.jpg" alt="Ty Gibbs during qualifying race at Xfinity series" width="1920" height="1375" /> Ty Gibbs seen at the final round qualifying | Courtesy: Reuters[/caption]
<h2 style="text-align: center"><span style="font-weight: 400"><strong>Ty Gibbs family</strong> </span></h2>
Born on October 4, 2002, in Charlotte, North Carolina, to NASCAR driver Coy Gibbs and realtor, Heather Gibbs, Ty Gibbs has three siblings whose names remain unknown.

<img class="alignnone wp-image-2794175 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/FhauD4ZaYAEbqAR.jpeg" alt="" width="1408" height="814" />
<h2 style="text-align: center"><strong>Ty Gibbsâ€™ Wife and Children</strong></h2>
Ty Gibbs has always chosen to keep his personal life away from the public eye. At 21, the driver is perhaps more focused on his racing career. As of now, nothing can be ascertained of the driver's current partner or his dating history.
<h2 style="text-align: center"><span style="font-weight: 400"><strong>Ty Gibbs Net Worth 2024</strong>Â </span></h2>
Reports state that Ty Gibbs is worth around $1 million-$5 million dollars. Looking at his elaborate career, with a championship win each in the <a href="https://www.essentiallysports.com/category/nascar/nascar-xfinity-series/">NASCAR Xfinity Series</a> and the ARCA Menards Series, the youngest racer of the Gibbs family has definitely managed to rack up quite a bit of wealth.
<h2 style="text-align: center"><strong>Ty GibbsÂ  Career Timeline</strong></h2>
Like most NASCAR drivers, Ty Gibbs also started his racing career with go-karts in his hometown. The driver then transitioned to the CARS Late Model Stock series, where he drove for Marlowe Racing in 2017 and 2018. Subsequently, he moved to the ARCA Menards Series in 2019 and raced in the tourney till 2021, when he joined the Xfinity Series. Notably, Gibbs won the championship in his last season in ARCA, having won 10 out of 20 races.

In NASCAR's second division, the racer came home as he debuted in 2021 at the Daytona Road Course for his grandfather's team, Joe Gibbs Racing, on a part-time schedule. And just the next year, he succeeded in clinching the Xfinity championship trophy. Ty Gibbs, finally made his <a href="https://www.essentiallysports.com/category/nascar/nascar-cup-series/">Cup Series</a> debut in 2023, driving as a replacement driver for <a href="https://www.essentiallysports.com/category/nascar/23xi-racing/">23XI Racing</a>, after Kurt Busch was not allowed to race by NASCAR owing to a concussion he suffered at <a href="https://www.essentiallysports.com/category/nascar/pocono-raceway/">Pocono Raceway</a> that year. In his first ever Cup Series race, Ty Gibbs finished P16.
<h2 style="text-align: center"><strong>Ty Gibbsâ€™ Partnerships and Endorsements</strong></h2>
When it comes to Ty Gibbs, he has successfully proven how age is just a number! And that is evident from his high-profile brand partnerships. Currently, the Joe Gibbs Racing driver is sponsored by Monster Energy, Sport Clips Haircut, Toyota, battery marketing and distribution company Interstate Batteries, Shriners Hospitals for Children and American religious Advertising campaign He Gets Us.

<img class="alignnone wp-image-2794171 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/GJ7ccuJXAAE_zXx.jpeg" alt="" width="2048" height="1366" />
<h2 style="text-align: center"><strong>Ty Gibbsâ€™ NASCAR Career Stats</strong></h2>
Despite his young age, Ty Gibbs seems to be having a lot of experience. In the NASCAR Cup Series, the driver has competed in 57 races till date with 16 Top-10s. Apart from that, he has 12 wins, 39 Top-10s and seven pole positions in 60 races in the Xfinity Series.
<h2 style="text-align: center"><strong>Ty Gibbsâ€™ Major Achievements and Awards</strong></h2>
When it comes to accolades, Ty Gibbs has a cabinet full of trophies, it seems! Apart from being the 2022 Xfinity Series champion, the racer also clinched the championship trophy in the ARCA Menards Series in 2021. He was also crowned the Xfinity Series and Cup Series Rookie of the Year, in 2021 and 2023, respectively.

<img class="alignnone wp-image-2794161 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/F3YNXd_WMAAb5n8.jpeg" alt="" width="4096" height="2730" />
<h2 style="text-align: center"><strong>Ty Gibbs Xfinity Series champion and the death of his father</strong></h2>
In 2022, Ty Gibbs perhaps had the best night of his life till then, when he won his first Xfinity Series championship. However, that soon into a nightmare as, just after a few hours, his father and Joe Gibbs Racing's co-owner Coy Gibbs passed away after a long battle with a degenerative neurological disease in his sleep.

The team had confirmed the news at the time via a tweet that stated:Â <em>â€œIt is with great sorrow that Joe Gibbs Racing confirms that Coy Gibbs (co-owner) went to be with the Lord in his sleep last night. The family appreciates all the thoughts and prayers and asks for privacy at this time.â€</em>

<img class="alignnone wp-image-1309723 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/Coy-Gibbs-Death-20221105_48-7cfdd537da2b456d8f8d9ad732a11d94.jpg" alt="Ty Gibbs" width="1500" height="1000" />
<h2 style="text-align: center"><strong>Ty Gibbs Social Media</strong></h2>
<table style="width: 705px">
<tbody>
<tr>
<td style="width: 76.9028px"><span style="font-weight: 400">Facebook</span></td>
<td style="width: 613.431px">Â -</td>
</tr>
<tr>
<td style="width: 76.9028px"><span style="font-weight: 400">Instagram</span></td>
<td style="width: 613.431px"><a href="https://www.instagram.com/tygibbs/?hl=en">https://www.instagram.com/tygibbs/</a></td>
</tr>
<tr>
<td style="width: 76.9028px"><span style="font-weight: 400">Twitter</span></td>
<td style="width: 613.431px">Â -</td>
</tr>
</tbody>
</table>
&nbsp;
<table style="width: 55.183%">
<tbody>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Full Name</span></td>
<td style="width: 352.716%">Tyler Randal Gibbs</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Popular Name</span></td>
<td style="width: 352.716%">Ty Gibbs</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Birth Date</span></td>
<td style="width: 352.716%">October 4, 2002</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Birth Place</span></td>
<td style="width: 352.716%">Charlotte, North Carolina</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Age</span></td>
<td style="width: 352.716%">21 (As os March 2024)</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Height</span></td>
<td style="width: 352.716%">5Â ft 7Â in (1.70Â m)</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Weight</span></td>
<td style="width: 352.716%">114Â lb (52Â kg)</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Parents</span></td>
<td style="width: 352.716%">Coy Gibbs, Heather Gibbs</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Siblings</span></td>
<td style="width: 352.716%">Â -</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Nationality</span></td>
<td style="width: 352.716%">American</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Ethnicity</span></td>
<td style="width: 352.716%">Caucasian</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Net Worth</span></td>
<td style="width: 352.716%">Aprrox $1 million - $5 million</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Salary</span></td>
<td style="width: 352.716%">Â -</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Spouse</span></td>
<td style="width: 352.716%">Â -</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Relationship/Marital Status</span></td>
<td style="width: 352.716%">Unknown</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Children</span></td>
<td style="width: 352.716%">Â None</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Profession</span></td>
<td style="width: 352.716%">Stock car racing driver</td>
</tr>
<tr>
<td style="width: 29.3059%"><span style="font-weight: 400">Team</span></td>
<td style="width: 352.716%">Joe Gibbs Racing</td>
</tr>
</tbody>
</table>
&nbsp;

&nbsp;

Ty Gibbs

Ty Gibbs: Net Worth 2024, Stats, Salary, Wife and More Who is Ty Gibbs? Despite his young age, the one driver who has managed to turn heads with his performance and even leave behind seasoned veterans of the sport is 21-year-old Ty Gibbs. Notably, the driver is Joe Gibbs Racing team owner and former NFL coach Joe Gibbs&#8216; grandson. Ty Gibbs seen at the final round qualifying | Courtesy: Reuters Ty Gibbs family Born on October 4, 2002, in Charlotte, North Carolina, to NASCAR driver Coy Gibbs and realtor, Heather Gibbs, Ty Gibbs has three siblings whose names remain unknown. Ty Gibbsâ€™ Wife and Children Ty Gibbs has always chosen to keep his personal life away from the public eye. At 21, the driver is perhaps more focused on his racing career. As of now, nothing can be ascertained of the driver&#8217;s current partner or his dating history. Ty Gibbs Net Worth 2024Â  Reports state that Ty Gibbs is worth around $1 million-$5 million dollars. Looking at his elaborate career, with a championship win each in the NASCAR Xfinity Series and the ARCA Menards Series, the youngest racer of the Gibbs family has definitely managed to rack up quite a bit of wealth. Ty GibbsÂ  Career Timeline Like most NASCAR drivers, Ty Gibbs also started his racing career with go-karts in his hometown. The driver then transitioned to the CARS Late Model Stock series, where he drove for Marlowe Racing in 2017 and 2018. Subsequently, he moved to the ARCA Menards Series in 2019 and raced in the tourney till 2021, when he joined the Xfinity Series. Notably, Gibbs won the championship in his last season in ARCA, having won 10 out of 20 races. In NASCAR&#8217;s second division, the racer came home as he debuted in 2021 at the Daytona Road Course for his grandfather&#8217;s team, Joe Gibbs Racing, on a part-time schedule. And just the next year, he succeeded in clinching the Xfinity championship trophy. Ty Gibbs, finally made his Cup Series debut in 2023, driving as a replacement driver for 23XI Racing, after Kurt Busch was not allowed to race by NASCAR owing to a concussion he suffered at Pocono Raceway that year. In his first ever Cup Series race, Ty Gibbs finished P16. Ty Gibbsâ€™ Partnerships and Endorsements When it comes to Ty Gibbs, he has successfully proven how age is just a number! And that is evident from his high-profile brand partnerships. Currently, the Joe Gibbs Racing driver is sponsored by Monster Energy, Sport Clips Haircut, Toyota, battery marketing and distribution company Interstate Batteries, Shriners Hospitals for Children and American religious Advertising campaign He Gets Us. Ty Gibbsâ€™ NASCAR Career Stats Despite his young age, Ty Gibbs seems to be having a lot of experience. In the NASCAR Cup Series, the driver has competed in 57 races till date with 16 Top-10s. Apart from that, he has 12 wins, 39 Top-10s and seven pole positions in 60 races in the Xfinity Series. Ty Gibbsâ€™ Major Achievements and Awards When it comes to accolades, Ty Gibbs has a cabinet full of trophies, it seems! Apart from being the 2022 Xfinity Series champion, the racer also clinched the championship trophy in the ARCA Menards Series in 2021. He was also crowned the Xfinity Series and Cup Series Rookie of the Year, in 2021 and 2023, respectively. Ty Gibbs Xfinity Series champion and the death of his father In 2022, Ty Gibbs perhaps had the best night of his life till then, when he won his first Xfinity Series championship. However, that soon into a nightmare as, just after a few hours, his father and Joe Gibbs Racing&#8217;s co-owner Coy Gibbs passed away after a long battle with a degenerative neurological disease in his sleep. The team had confirmed the news at the time via a tweet that stated:Â â€œIt is with great sorrow that Joe Gibbs Racing confirms that Coy Gibbs (co-owner) went to be with the Lord in his sleep last night. The family appreciates all the thoughts and prayers and asks for privacy at this time.â€ Ty Gibbs Social Media  Facebook Â &#8211;  Instagram https://www.instagram.com/tygibbs/  Twitter Â &#8211;  &nbsp;  Full Name Tyler Randal Gibbs  Popular Name Ty Gibbs  Birth Date October 4, 2002  Birth Place Charlotte, North Carolina  Age 21 (As os March 2024)  Height 5Â ft 7Â in (1.70Â m)  Weight 114Â lb (52Â kg)  Parents Coy Gibbs, Heather Gibbs  Siblings Â &#8211;  Nationality American  Ethnicity Caucasian  Net Worth Aprrox $1 million &#8211; $5 million  Salary Â &#8211;  Spouse Â &#8211;  Relationship/Marital Status Unknown  Children Â None  Profession Stock car racing driver  Team Joe Gibbs Racing  &nbsp; &nbsp;

Joe Gibbs Racing Driver Drops a Major James Bond Spoiler for his Fans

What next for the Joe Gibbs Racing driver in his budding NASCAR career?