At 40, Martin Truex Jr is certainly no spring chicken. For obvious reasons, his age made many think that he is past his prime and may retire sooner rather than later. However, the driver recently tweeted that he is going back to work with Toyota for the coming season. This pretty much confirms that he is not going anywhere and will see out 2021. The Joe Gibbs Racing driver enjoyed a great run in the 2020 season and is proving to be a great asset. Considering that he won the 2020 Martinsville race and took several Top-5 finishes, it is safe to say that his time’s not up just yet. The 2017 Cup Series champion already has 27 Cup Series wins [https://www.racing-reference.info/driver/Martin_Truex_Jr] in his career. That same career has spanned across 16 years and 228 Top-10s and 19 poles. CAN MARTIN TRUEX JR ADD TO HIS 2017 CUP TITLE? Theoretically, the 40-year-old definitely has the machinery under him. The Joe Gibbs Racing [https://www.essentiallysports.com/nascar-news-can-the-kyle-busch-denny-hamlin-led-joe-gibbs-racing-reach-200-nascar-cup-wins-in-2021-martin-truex-jr/] team is one of the best teams on the Cup Series calendar. In other words, the outfit can duke it out with teams like Hendrick Motorsports, Stewart-Haas, and Team Penske. Martin Truex Jr [https://www.essentiallysports.com/wp-content/uploads/GettyImages-1280955085.jpg]KANSAS CITY, KANSAS – OCTOBER 18: Martin Truex Jr., driver of the #19 Bass Pro Shops Toyota, races during the NASCAR Cup Series Hollywood Casino 400 at Kansas Speedway on October 18, 2020 in Kansas City, Kansas. (Photo by Jamie Squire/Getty Images) Given that Martin Truex Jr is still able to visit Victory Lane to this day, he definitely still has it within him. However, it is fair to say that a second Cup Series title may be a little farfetched. Obviously, the driver will try his hardest to contend for the crown, but it all depends on the coming season’s status quo. Finally, Truex Jr is not getting any younger as the years pass by. There will soon come a time when he will have to hang up his boots. The only question is, how long can he keep racing? One thing is for sure, the 2021 Cup Series season holds all the answers. 

A couple of days ago, there were rumors that Martin Truex Jr may decide to
retire from racing. However, the 40-year-old has since refuted it.

Dhruv George is a senior Formula One and NASCAR analyst 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 Cup Series FanShield 500 - Qualifying

blockquote

script

figcaption

figure

Martin Truex Jr Lays Rest to All Retirement Rumors Ahead of 2021 NASCAR Season

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

William Byron Quick to Point Fingers at Bubba Wallace as Allegations of Race
Manipulation Fly at the Chevy Camp

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

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

Martinsville Weekend Leaves Mark Martin in Disgust After Another Controversy
Plagues NASCAR Playoffs

<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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A couple of days ago, there were rumors that Martin Truex Jr may decide to retire from racing. However, the 40-year-old has since refuted it.

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Martin Truex Jr Lays Rest to All Retirement Rumors Ahead of 2021 NASCAR Season - EssentiallySports

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<h1 style="text-align: center"><b>Martin Truex Jr:Â  Net Worth 2024, Stats, Salary, Wife and More</b></h1>
<h2 style="text-align: center"><b>Who is Martin Truex Jr?</b></h2>
At 43, Martin Truex Jr is one of the most experienced full-time drivers in NASCAR's top division right now. Having debuted back in 2004, the racer has garnered both experience and accolades. He is the 2017 Monster Energy <a href="https://www.essentiallysports.com/category/nascar/nascar-cup-series/">NASCAR Cup Series</a> champion. He is also a two-time <a href="https://www.essentiallysports.com/category/nascar/nascar-xfinity-series/">NASCAR Xfinity Series</a> champion. Martin won the title in 2004 and 2005.

[caption id="attachment_2134857" align="alignnone" width="1920"]<img class="wp-image-2134857 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2023-08-31T163504Z_706008848_MT1USATODAY21313250_RTRMADP_3_NASCAR-CUP-SERIES-PLAYOFF-MEDIA-DAY.jpg" alt="NASCAR Cup Series driver Martin Truex Jr." width="1920" height="1280" /> Aug 31, 2023; Charlotte, North Carolina, USA; Martin Truex Jr. answers questions from the media at Charlotte Convention Center. Mandatory Credit: Jim Dedmon-USA TODAY Sports[/caption]
<h2 style="text-align: center"><b>Martin Truex familyÂ </b></h2>
Martin Truex Jr was born on June 29, 1980, in Mayetta, New Jersey, to Martin Truex Sr and Linda Truex. The driver has one sibling, a younger brother named Ryan Truex, who's also a racer and the former champion in the K&amp;N Pro Series East, along with being a contender for the 2014 Rookie of the Year in Sprint Cup. As for his educational background, the racer reportedly graduated from the Southern Regional High School in Stafford Township, New Jersey in 1998.

<img class="wp-image-2674285 size-full aligncenter" src="https://image-cdn.essentiallysports.com/wp-content/uploads/RyanTruex-XfinitySeries2022.webp" alt="" width="922" height="502" />

Martin Truex Jr started his racing career with go-karts at the New Egypt Speedway in Ocean County, New Jersey. He slowly climbed the ranks by moving to the Modified Division and later debuting in the Busch Series in 2001 at the <a href="https://www.essentiallysports.com/category/nascar/dover-international-speedway/">Dover International Speedway</a>. Interestingly, he ran his first race in his father's No. 56 Chevy.
<h2 style="text-align: center"><b>Martin Truex Jrâ€™s Wife and Children</b></h2>
When it comes to Martin Truex Jr's personal life, the racer hasn't married and does not have any children. He was in a long-term relationship with his ex-girlfriend <a href="https://www.essentiallysports.com/nascar-news-does-martin-truex-jr-have-a-girlfriend-who-is-joe-gibbs-superstar-ex-girlfriend-sherry-pollex/">Sherry Pollex</a> from 2005 to 2023. The racer announced their split on January 27, 2023.

[caption id="attachment_2088993" align="alignnone" width="1920"]<img class="wp-image-2088993 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/imago1020823599h.jpg" alt="Martin Truex Jr." width="1920" height="1280" /> NASCAR, Motorsport, USA Ford EcoBoost 400, Nov 19, 2017 Homestead, FL, USA NASCAR Cup Series driver Martin Truex Jr. celebrates winning the NASCAR Cup Championship with his girlfriend Sherry Pollex after the Ford EcoBoost 400 at Homestead-Miami Speedway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports, 19.11.2017 18:44:35, 10426614, Ford EcoBoost 400, Sherry Pollex, Martin Truex Jr, NASCAR PUBLICATIONxINxGERxSUIxAUTxONLY Copyright: xMarkxJ.xRebilasx 10426614[/caption]
<h2 style="text-align: center"><b>Martin Truex Jr Net Worth 2024Â </b></h2>
According to several reports, Martin Truex Jr has an estimated net worth of $40 million. Between June 2018 and June 2019, Martin acquired $8 million. This made him the ninth-highest paid NASCAR driver back then. Currently, the driver reportedly has a salary of $10.4 million. As for his endorsements, the driver is backed by heavyweights like Bass Pro Shops, Auto Owners Insurance, Oakley, True Timber Camo, Garmin, Noble Aerospace, Nextron and Toyota.
<h2 style="text-align: center"><b>Martin Truex Jr Career Timeline</b></h2>
Martin Truex Jr started his racing career with go-karts at the New Egypt Speedway in Ocean County, New Jersey. He slowly climbed the ranks by moving to the Modified Division and then the Modified division in 1998. Later, Truex Jr debuted in the Busch Series in 2001 at the Dover International Speedway. Interestingly, he ran his first race in his father's No. 56 Chevy. He then made his Cup Series debut at the 2004 Bass Pro Shops MBNA 500 at Atlanta, where he finished P37.
<h2 style="text-align: center"><b>Denny Hamlinâ€™s Partnerships and Endorsements</b></h2>
Martin Truex Jr enjoys a partnership with Bass Pro Shops, Auto Owners Insurance, Oakley, True Timber Camo, Garmin, Noble Aerospace, Nextron and Toyota. Bss Pro Shops serves as his primary sponsor.
<h2 style="text-align: center"><b>Martin Truex Jr InvestmentsÂ </b></h2>
The driver opened a Management Company, Truex Management Group (TMG), which reportedly specializes <em>"in fully-integrated management services for professional race car drivers and athletes".Â </em>Apart from that, he also launched MTJ Aviation which is a part 135 aviation charter company. According to the official website of the company, MTJ <em>"specializes in providing 24/7 medical flight services".</em>
<h2 style="text-align: center"><b>Martin Truex Jr Records</b></h2>
For a driver of his calibre, Martin Truex Jr has a cabinet full of trophies to showcase. He is the 2017 Monster Energy NASCAR Cup Series Champion, the 2017 and 2023Â NASCAR Cup Series Regular Season Champion, the 2004 andÂ 2005 NASCAR Busch Series Champion, theÂ <a href="https://www.essentiallysports.com/category/nascar/coca-cola-600/">Coca-Cola 600</a> winner for the year 2016 and 2019. Apart from that, he also won the 2016Â Southern 500, the 2007 and 2010 <a href="https://www.essentiallysports.com/category/nascar/nascar-all-star-race/">NASCAR All-Star Race</a> Open winner. Additionally, he also won the 2023Â Busch Light Clash.

Till date, the driver has garnered 34 wins, 282 Top-10s and 23 pole positions in 642 races over two decades in the Cup Series. In the Xfinity Series, Martin Truex Jr has 13 wins, 10 pole wins and 62 Top-10s in 104 races. In NASCAR's third division, he has one win and one Top-10 in three race participations. And lastly, in the ARCA Menards Series East, Truex Jr has five wins, 32 Top-10s and seven pole positions in 62 races.

[caption id="attachment_2651611" align="alignnone" 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="Martin Truex Jr." 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]
<h2 style="text-align: center"><b>Martin Truex Major Achievements and Awards</b></h2>
Martin Truex Jr has been showered with a plethora of accolades in his illustrious career. The driver was named as one of NASCAR's 75 Greatest Drivers in 2023 alongside the likes of <a href="https://www.essentiallysports.com/tag/denny-hamlin/">Denny Hamlin</a> and <a href="https://www.essentiallysports.com/tag/jimmie-johnson/">Jimmie Johnson</a>, among several others. He is also the 2o17 Cup Series Champion, the 2004 and 2005 Busch Series Most Popular Driver and the 2018 EPSY Best Driver.
<h2 style="text-align: center"><strong>Martin Truex Jr Foundation</strong></h2>
TheÂ Martin Truex Jr. foundationÂ (MTJF) was begun in 2007 by NASCAR driver Martin and, his partner, Sherry Pollex. The mission is to help campaigns for cancer awareness explicit to ovarian and childhood cancers. It helps the people and families influenced by them.

As of now, the foundation has donated $1.2 million to build the Martin Truex Jr Foundation Children's Emergency Department at Novant Health Huntersville Medical Center and the Sherry Strong Integrative Medicine Oncology Clinic at Novant Health Presbyterian Main in Charlotte, North Carolina.

It has also donated $750,000 to Atrium Health, $4.5 million to Catwalk for a Cause and $130,000 to Karting for Cancer.
<h2 style="text-align: center"><strong>Martin Truex Jr and the Demise of Sherry Pollex</strong></h2>
In September 2023, the NASCAR world was hit with the heartbreaking news of Truex Jr's longtime partner Shelley Pollex's passing after an almost decade-long battle with cancer.

Later, the driver put out an official statement that read:
<p class="gnt_ar_b_p"><em>â€œFrom the very minute of her diagnosis, Sherry was determined to not only fight ovarian cancer with everything she had, but also make a difference in the lives of others battling this terrible disease."</em></p>
<p class="gnt_ar_b_p"><em>â€œSherryâ€™s passion for making a difference in the lives of others was inspiring to everyone. Through her tireless charity work for so many years, her legacy will live well beyond our lifetimes and continue to help countless families who are battling ovarian and childhood cancer."</em></p>
<em>â€œI would like to extend my deepest condolences to her entire family, who have shown incredible strength and resilience throughout her battle.â€</em>

However, not everybody took to this press release kindly. <a href="https://www.essentiallysports.com/nascar-news-this-is-as-cold-as-it-gets-danica-patrick-insensitive-dig-at-martin-truex-jr-upon-ex-girlfriend-tragic-demise-angers-nascar-world-sherry-pollex/">Former NASCAR racer Danica Patrick shared her criticism about it on social media at the time and wrote</a>, <em>"I avoid negativity on social at almost all costs. Almostâ€¦But this the most insensitive disconnected statement from a guy that I have never liked. And obviously for good reason. I donâ€™t care what happened between them but this is as cold as it gets. A PR rep wrote this guaranteed. Youâ€™re free from this now sherry.â€</em>

Later, at <a href="https://www.essentiallysports.com/category/nascar/texas-motor-speedway/">Texas Motor Speedway</a>, NASCAR drivers were seeing paying their respects to Pollex by carrying decals, featuring ribbons that read, <em>"Sherry Pollex... In Memory 1979-2023".Â </em>

https://twitter.com/NASCAR/status/1705621065899049322
<h2 style="text-align: center"><strong>Martin Truex Jr and Retirement</strong></h2>
Being a 43-year-old driver racing at high speeds can definitely be physically taxing. Perhaps that explains why Martin Truex Jr has been mulling retirement over the past few years. The first time when the news surfaced was in 2022. While the driver admitted that he was actually considering retirement, he officially announced his return to the Cup Series next year.

<em>â€œI will be back in the 19 next year. At the end of the day, this is really what I want to do right now,â€</em> Truex Jr has informed at the time. The driver also returned to the 2024 as a full-time driver. However, when we come to his actual retirement plans, the driver is not yet sure what he's going to do. During a pre-race <a href="https://www.essentiallysports.com/tag/daytona-500/">Daytona 500</a> presser, when asked if he was going to extend his career, Truex Jr answered, <em>â€œYeah, probably. I have no idea what Iâ€™m doing next year.â€</em>
<h2 style="text-align: center"><strong>Martin Truex Jr Social Media</strong></h2>
<table style="width: 83.2199%">
<tbody>
<tr>
<td style="width: 18.648%"><span style="font-weight: 400">Facebook</span></td>
<td style="width: 82.5072%"><a href="https://www.facebook.com/MartinTruexJr/">https://www.facebook.com/MartinTruexJr/</a></td>
</tr>
<tr>
<td style="width: 18.648%"><span style="font-weight: 400">Instagram</span></td>
<td style="width: 82.5072%"><a href="https://www.instagram.com/martintruex_jr/">https://www.instagram.com/martintruex_jr/</a></td>
</tr>
<tr>
<td style="width: 18.648%"><span style="font-weight: 400">Twitter</span></td>
<td style="width: 82.5072%"><a href="https://twitter.com/MartinTruex_Jr"> https://twitter.com/MartinTruex_Jr</a></td>
</tr>
</tbody>
</table>
&nbsp;
<table style="width: 82.8313%;height: 432px">
<tbody>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Full Name</span></td>
<td style="width: 351.837%;height: 24px">Martin Lee Truex Jr</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Popular Name</span></td>
<td style="width: 351.837%;height: 24px">Martin Truex Jr</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Birthdate</span></td>
<td style="width: 351.837%;height: 24px">June 29, 1980</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Birthplace</span></td>
<td style="width: 351.837%;height: 24px">Mayetta, New Jersey</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">AgeÂ </span></td>
<td style="width: 351.837%;height: 24px">43 years (as of March 2024)</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">HeightÂ </span></td>
<td style="width: 351.837%;height: 24px">1.8 m</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Weight</span></td>
<td style="width: 351.837%;height: 24px">180 lbs</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Parents</span></td>
<td style="width: 351.837%;height: 24px">Martin Truex Sr, Linda Truex</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Siblings</span></td>
<td style="width: 351.837%;height: 24px">Ryan Truex</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">NationalityÂ </span></td>
<td style="width: 351.837%;height: 24px">American</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Ethnicity</span></td>
<td style="width: 351.837%;height: 24px">Caucasian</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Salary</span></td>
<td style="width: 351.837%;height: 24px">Approx. $10.4 million</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Net Worth</span></td>
<td style="width: 351.837%;height: 24px">Approx. $40 million</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Relationship/ Marital Status</span></td>
<td style="width: 351.837%;height: 24px">Single</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Spouse</span></td>
<td style="width: 351.837%;height: 24px">Â -</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Children</span></td>
<td style="width: 351.837%;height: 24px">Â -</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Profession</span></td>
<td style="width: 351.837%;height: 24px">Stock car racing driver</td>
</tr>
<tr style="height: 24px">
<td style="width: 30.1334%;height: 24px"><span style="font-weight: 400">Team</span></td>
<td style="width: 351.837%;height: 24px">Joe Gibbs Racing</td>
</tr>
</tbody>
</table>
&nbsp;

Martin Truex Jr

Martin Truex Jr:Â  Net Worth 2024, Stats, Salary, Wife and More Who is Martin Truex Jr? At 43, Martin Truex Jr is one of the most experienced full-time drivers in NASCAR&#8217;s top division right now. Having debuted back in 2004, the racer has garnered both experience and accolades. He is the 2017 Monster Energy NASCAR Cup Series champion. He is also a two-time NASCAR Xfinity Series champion. Martin won the title in 2004 and 2005. Aug 31, 2023; Charlotte, North Carolina, USA; Martin Truex Jr. answers questions from the media at Charlotte Convention Center. Mandatory Credit: Jim Dedmon-USA TODAY Sports Martin Truex familyÂ  Martin Truex Jr was born on June 29, 1980, in Mayetta, New Jersey, to Martin Truex Sr and Linda Truex. The driver has one sibling, a younger brother named Ryan Truex, who&#8217;s also a racer and the former champion in the K&amp;N Pro Series East, along with being a contender for the 2014 Rookie of the Year in Sprint Cup. As for his educational background, the racer reportedly graduated from the Southern Regional High School in Stafford Township, New Jersey in 1998. Martin Truex Jr started his racing career with go-karts at the New Egypt Speedway in Ocean County, New Jersey. He slowly climbed the ranks by moving to the Modified Division and later debuting in the Busch Series in 2001 at the Dover International Speedway. Interestingly, he ran his first race in his father&#8217;s No. 56 Chevy. Martin Truex Jrâ€™s Wife and Children When it comes to Martin Truex Jr&#8217;s personal life, the racer hasn&#8217;t married and does not have any children. He was in a long-term relationship with his ex-girlfriend Sherry Pollex from 2005 to 2023. The racer announced their split on January 27, 2023. NASCAR, Motorsport, USA Ford EcoBoost 400, Nov 19, 2017 Homestead, FL, USA NASCAR Cup Series driver Martin Truex Jr. celebrates winning the NASCAR Cup Championship with his girlfriend Sherry Pollex after the Ford EcoBoost 400 at Homestead-Miami Speedway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports, 19.11.2017 18:44:35, 10426614, Ford EcoBoost 400, Sherry Pollex, Martin Truex Jr, NASCAR PUBLICATIONxINxGERxSUIxAUTxONLY Copyright: xMarkxJ.xRebilasx 10426614 Martin Truex Jr Net Worth 2024Â  According to several reports, Martin Truex Jr has an estimated net worth of $40 million. Between June 2018 and June 2019, Martin acquired $8 million. This made him the ninth-highest paid NASCAR driver back then. Currently, the driver reportedly has a salary of $10.4 million. As for his endorsements, the driver is backed by heavyweights like Bass Pro Shops, Auto Owners Insurance, Oakley, True Timber Camo, Garmin, Noble Aerospace, Nextron and Toyota. Martin Truex Jr Career Timeline Martin Truex Jr started his racing career with go-karts at the New Egypt Speedway in Ocean County, New Jersey. He slowly climbed the ranks by moving to the Modified Division and then the Modified division in 1998. Later, Truex Jr debuted in the Busch Series in 2001 at the Dover International Speedway. Interestingly, he ran his first race in his father&#8217;s No. 56 Chevy. He then made his Cup Series debut at the 2004 Bass Pro Shops MBNA 500 at Atlanta, where he finished P37. Denny Hamlinâ€™s Partnerships and Endorsements Martin Truex Jr enjoys a partnership with Bass Pro Shops, Auto Owners Insurance, Oakley, True Timber Camo, Garmin, Noble Aerospace, Nextron and Toyota. Bss Pro Shops serves as his primary sponsor. Martin Truex Jr InvestmentsÂ  The driver opened a Management Company, Truex Management Group (TMG), which reportedly specializes &#8220;in fully-integrated management services for professional race car drivers and athletes&#8221;.Â Apart from that, he also launched MTJ Aviation which is a part 135 aviation charter company. According to the official website of the company, MTJ &#8220;specializes in providing 24/7 medical flight services&#8221;. Martin Truex Jr Records For a driver of his calibre, Martin Truex Jr has a cabinet full of trophies to showcase. He is the 2017 Monster Energy NASCAR Cup Series Champion, the 2017 and 2023Â NASCAR Cup Series Regular Season Champion, the 2004 andÂ 2005 NASCAR Busch Series Champion, theÂ Coca-Cola 600 winner for the year 2016 and 2019. Apart from that, he also won the 2016Â Southern 500, the 2007 and 2010 NASCAR All-Star Race Open winner. Additionally, he also won the 2023Â Busch Light Clash. Till date, the driver has garnered 34 wins, 282 Top-10s and 23 pole positions in 642 races over two decades in the Cup Series. In the Xfinity Series, Martin Truex Jr has 13 wins, 10 pole wins and 62 Top-10s in 104 races. In NASCAR&#8217;s third division, he has one win and one Top-10 in three race participations. And lastly, in the ARCA Menards Series East, Truex Jr has five wins, 32 Top-10s and seven pole positions in 62 races. 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 Martin Truex Major Achievements and Awards Martin Truex Jr has been showered with a plethora of accolades in his illustrious career. The driver was named as one of NASCAR&#8217;s 75 Greatest Drivers in 2023 alongside the likes of Denny Hamlin and Jimmie Johnson, among several others. He is also the 2o17 Cup Series Champion, the 2004 and 2005 Busch Series Most Popular Driver and the 2018 EPSY Best Driver. Martin Truex Jr Foundation TheÂ Martin Truex Jr. foundationÂ (MTJF) was begun in 2007 by NASCAR driver Martin and, his partner, Sherry Pollex. The mission is to help campaigns for cancer awareness explicit to ovarian and childhood cancers. It helps the people and families influenced by them. As of now, the foundation has donated $1.2 million to build the Martin Truex Jr Foundation Children&#8217;s Emergency Department at Novant Health Huntersville Medical Center and the Sherry Strong Integrative Medicine Oncology Clinic at Novant Health Presbyterian Main in Charlotte, North Carolina. It has also donated $750,000 to Atrium Health, $4.5 million to Catwalk for a Cause and $130,000 to Karting for Cancer. Martin Truex Jr and the Demise of Sherry Pollex In September 2023, the NASCAR world was hit with the heartbreaking news of Truex Jr&#8217;s longtime partner Shelley Pollex&#8217;s passing after an almost decade-long battle with cancer. Later, the driver put out an official statement that read: â€œFrom the very minute of her diagnosis, Sherry was determined to not only fight ovarian cancer with everything she had, but also make a difference in the lives of others battling this terrible disease.&#8221; â€œSherryâ€™s passion for making a difference in the lives of others was inspiring to everyone. Through her tireless charity work for so many years, her legacy will live well beyond our lifetimes and continue to help countless families who are battling ovarian and childhood cancer.&#8221; â€œI would like to extend my deepest condolences to her entire family, who have shown incredible strength and resilience throughout her battle.â€ However, not everybody took to this press release kindly. Former NASCAR racer Danica Patrick shared her criticism about it on social media at the time and wrote, &#8220;I avoid negativity on social at almost all costs. Almostâ€¦But this the most insensitive disconnected statement from a guy that I have never liked. And obviously for good reason. I donâ€™t care what happened between them but this is as cold as it gets. A PR rep wrote this guaranteed. Youâ€™re free from this now sherry.â€ Later, at Texas Motor Speedway, NASCAR drivers were seeing paying their respects to Pollex by carrying decals, featuring ribbons that read, &#8220;Sherry Pollex&#8230; In Memory 1979-2023&#8221;.Â  https://twitter.com/NASCAR/status/1705621065899049322 Martin Truex Jr and Retirement Being a 43-year-old driver racing at high speeds can definitely be physically taxing. Perhaps that explains why Martin Truex Jr has been mulling retirement over the past few years. The first time when the news surfaced was in 2022. While the driver admitted that he was actually considering retirement, he officially announced his return to the Cup Series next year. â€œI will be back in the 19 next year. At the end of the day, this is really what I want to do right now,â€ Truex Jr has informed at the time. The driver also returned to the 2024 as a full-time driver. However, when we come to his actual retirement plans, the driver is not yet sure what he&#8217;s going to do. During a pre-race Daytona 500 presser, when asked if he was going to extend his career, Truex Jr answered, â€œYeah, probably. I have no idea what Iâ€™m doing next year.â€ Martin Truex Jr Social Media  Facebook https://www.facebook.com/MartinTruexJr/  Instagram https://www.instagram.com/martintruex_jr/  Twitter https://twitter.com/MartinTruex_Jr  &nbsp;  Full Name Martin Lee Truex Jr  Popular Name Martin Truex Jr  Birthdate June 29, 1980  Birthplace Mayetta, New Jersey  AgeÂ  43 years (as of March 2024)  HeightÂ  1.8 m  Weight 180 lbs  Parents Martin Truex Sr, Linda Truex  Siblings Ryan Truex  NationalityÂ  American  Ethnicity Caucasian  Salary Approx. $10.4 million  Net Worth Approx. $40 million  Relationship/ Marital Status Single  Spouse Â &#8211;  Children Â &#8211;  Profession Stock car racing driver  Team Joe Gibbs Racing  &nbsp;

Martin Truex Jr Lays Rest to All Retirement Rumors Ahead of 2021 NASCAR Season

Can Martin Truex Jr add to his 2017 Cup title?