Melroy Joseph Fernandes is a Tennis author at EssentiallySports. A Mass Media graduate from St. Andrew's College, Mumbai, Melroy has been a content writer for the past 6 years, curating stories for several brands, starting from his own. As a playwright and a director, he has toured a number of productions in and around his hometown of Mumbai. When not directing, Melroy is seen conducting workshops for aspiring writers and artists, paving the way for young enthusiasts into the writing fraternity. As a guest lecturer, he is often seen conducting sessions on public speaking, acting, and content writing across various educational institutions such as St. Xavier's, St. Andrew's, and many more. Now 22, Melroy is at EssentiallySports, using his penmanship to pursue his undying love for sports, covering events and curating them into unforgettable stories. When not writing, you'll find this tennis fanatic on tabletops at official screenings, engaging in some not-so-friendly banter or defending the legacy of who he says is the ultimate GOAT, Roger Federer.

Jordan, as a brand, has really distinguished itself in the world of fashion. It all started with the Air Jordan 1 sneaker back in 1984, and since then, Air Jordan has really established itself in the world of sneakers. In fact, the Jordan brand run by the NBA legend and 23XI Racing’s co-owner, Michael Jordan, has branched out to almost all forms of clothing and become a household name in the fashion industry. Lucky for us, Michael Jordan and 23XI have great news to share. Michael Jordan [https://image-cdn.essentiallysports.com/wp-content/uploads/Michael-Juanita-Jordan.jpg]Chicago Bulls basketball star Michael Jordan posing w. wife Juanita at bar at the opening of his restaurant. (Photo by Steve Kagan/The LIFE Images Collection via Getty Images/Getty Images) 23XI Racing [https://www.essentiallysports.com/category/nascar/23xi-racing/] recently teased a very spicy new collaboration between Michael Jordan [http://www.essentiallysports.com/tag/michael-jordan/] and Bubba Wallace [https://www.essentiallysports.com/tag/bubba-wallace/]‘s team. Watch This Story – “Man Responsible” for Assaulting NASCAR Driver in Darlington Captured [https://www.essentiallysports.com/stories/nascar-news-man-responsible-for-assaulting-nascar-driver-in-darlington-captured/] FANS ARE HAPPY AS MICHAEL JORDAN AND BUBBA WALLACE’S TEAM TEASE OF A NEW JORDAN SHOW 23XI’s Instagram posted a video of the Air Jordan shoebox with a sticker on it saying “KB and May 15”. Notably, fans believe KB stands for Kurt Busch [https://www.essentiallysports.com/tag/kurt-busch/] as he is the only 23XI driver tagged in the post. And, May 15th could possibly be the release date. However, we can’t say anything for sure yet. It seems to have really caught the fans’ attention as many have reacted to the post pretty happily and excited about it.

Michael Jordan just teased a major collab between the Jordan Brand and his team
23XI Racing. Fans react to the big deal for Bubba Wallace and his teammate.

Hetul Katyal is an F1-NASCAR web stories creator at EssentiallySports. Currently
pursuing his degree in Journalism from the Delhi College of Arts and Commerce,
he is an avid supporter of Carlos Sainz and Scuderia Ferrari. Hetul always looks
forward to the paddock going to Baku, but the part of F1 that excites him the
most, is seeing the drivers tackle the 'Raidillon' at Spa. When Hetul is not
binge watching old F1 races, you can find him learning more about NASCAR and WRC
or listening to classic rock and jazz music.

https://image-cdn.essentiallysports.com/wp-content/uploads/Hetul_F1-1.png

Hetul Katyal

figcaption

figure

blockquote

script

Fans React as Bubba Wallace’s NASCAR Team Teases Massive Michael Jordan-Centric
Announcement

Luka Doncic Issues 3-Word Verdict on LeBron James As He Confirms Mental State
After 1,435 Miles Shift

Devin Booker Sends Strong Message to Suns Locker Room as $300M Bankruptcy News
Dims Mood After Bulls Win

Carmelo Anthony Confirms 60% of Kiyan Anthony’s Earnings Are Taken Away as
Unimaginable Conversation Unfolds at Home

Anthony Davis Finally Confirms Stance on Retirement After Emotional Confession
on LeBron James Unearths

Jamal Murray Confirms One Major Change in Lakers Post-Anthony Davis Era as He
Issues Strong Locker Room Message

<h1 style="text-align: center">23XI Racing: 2024 Net Worth, Stats, Owners and More</h1>
<h2 style="text-align: center"><strong>What is 23XI Racing?</strong></h2>
<p style="text-align: left">Would you believe it, if five years ago, somebody told you that NBA legend Michael Jordan would become a regular name in NASCAR? Most people would probably scoff at the idea. However, that's exactly what happened when 23XI came into inception. 23XI Racing is a stock car racing team that regularly competes in the NASCAR Cup Series. The team currently has two drivers in its team: Bubba Wallace driving the No. 23 Toyota Camry XSE, and Tyler Reddick driving the No. 45 Toyota Camry XSE.</p>
<img class="alignnone wp-image-2639040 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/F4irU_PWEAASKOc-1.jpeg" alt="" width="1769" height="723" />
<h2 style="text-align: center"><strong>The History of 23XI Racing</strong></h2>
After a lot of speculations and vehement denials by Michael Jordan's representatives about a possible NASCAR entry, 23XI was finally founded in 2020. The team debuted in the NASCAR Cup Series on February 14, 2021, at the Daytona International Speedway. The team is owned by basketball icon Michael Jordan and Joe Gibbs Racing driver Denny Hamlin, who is a minority stakeholder. 23XI reportedly has a technical alliance with JGR.
<h2 style="text-align: center"><strong>Why is the team named 23XI Racing?</strong></h2>
23XI Racing's name is a culmination of meaningful symbolism. While the team name is as unconventional as it can be, the backstory behind it is the stuff of legends. Pronounced twenty three-eleven, the team name is an amalgamation of two numbers, 23 and 11, where the former is Michael Jordan's jersey number that he adorned for most of his NBA career. And, 11 stands for Denny Hamlin's car number in his Cup series team, Joe Gibbs Racing, that he has driven for the entirety of his career.
<h2 style="text-align: center"><strong>23XI Racingâ€™s Net Worth 2024Â </strong></h2>
23XI Racing owner Michael Jordan is reportedly the first athlete to attain billionaire status. And a small chunk of it went to his NASCAR team. As per reports from 2023, 23XI is reportedly worth $150 million. While this is definitely a lot less than where other Cup Series teams stand, which MJ's backing, the best of the team definitely awaits.
<h2 style="text-align: center"><strong>23XI Racing Drivers</strong></h2>
23XI currently backs two drivers in the NASCAR Cup Series: Bubba Wallace and Tyler Reddick. Wallace was the first driver that was announced as a part of the team. What's interesting is that the #23 driver had left his former team Richard Petty Motorsports, who he had driven for four years, just eleven days prior to the announcement.

[caption id="attachment_1946369" align="alignnone" width="1920"]<img class="wp-image-1946369 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/imago1032013058h.jpg" alt="" width="1920" height="1280" /> July 15, 2023, Loudon, NH, United States of America: NASCAR, Motorsport, USA Cup Drivers, Bubba Wallace 23 and Tyler Reddick 45 get ready to qualify for the Crayon 301 at the New Hampshire Motor Speedway in Loudon NH. NASCAR Cup Series 2023: Crayon 301 PUBLICATIONxINxGERxSUIxAUTxONLY - ZUMAa161 20230715_zaa_a161_021 Copyright: xWalterxG.xArcexSr.x[/caption]

Apart from Wallace, Kyle Busch's older brother Kurt Busch was roped in to drive the No. 45 car in the 2022 season. However, his stint at 23XI Racing was unfortunately a short one. Kurt Busch joined the team in 2021 and competed in 20 races throughout the season, before a mishap took away his chances to be back in NASCAR's top division. Busch fell prey to a wreck during the qualifying race at Pocono Raceway and was subsequently not cleared to race in the main event despite his qualification, due to a concussion. Soon after, <a href="https://www.essentiallysports.com/nascar-news-nascar-community-comes-together-to-say-goodbye-to-cup-series-champ-kurt-busch/" target="_blank" rel="noopener">the driver announced his retirement from full-time racing in the Cup Series</a>. Currently, Kurt Busch serves as a consultant to 23Xi Racing.

[caption id="attachment_934728" align="alignnone" width="1920"]<img class="wp-image-934728 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2022-02-17T033117Z_1214388381_MT1USATODAY17701270_RTRMADP_3_NASCAR-DAYTONA-500-QUALIFYING.jpg" alt="Kurt Busch" width="1920" height="1342" /> Feb 16, 2022; Daytona, FL, USA; NASCAR Cup Series driver Kurt Busch (45) during qualifying for the Daytona 500 at Daytona International Speedway. Mandatory Credit: Mike Dinovo-USA TODAY Sports[/caption]

After Kurt Busch's untimely retirement, Tyler Reddick joined the team to replace the former as the new driver of the No. 45 car. Reddick, who was originally scheduled to start racing 23XI Racing in 2024, joined the team earlier than scheduled, after the Michael Jordan-Denny Hamlin owned team bought the remainder of his contract from his then team, Richard Childress Racing.
<h2 style="text-align: center"><strong>23XI Racing Partnerships and Endorsements</strong></h2>
Despite 23XI being a fairly new team in the NASCAR Cup Series, it boasts an arsenal of big-named sponsors. After all, with the likes of Michael Jordan and Denny Hamlin spearheading the team, sponsors seem to have that confidence. While brands like McDonald's, Root Insurance, DoorDash and Columbia Sportswear moved to 23XI Racing in 2021 with Bubba Wallace from Richard Petty Motorsports, Dr. Pepper joined hands with the team soon after.

And that's not all. DraftKings inked a multi-dimensional deal with the Cup Series team ahead of the 2o21 season. Apart from being the official sports betting partner of 23XI Racing, the company also acted as a primary sponsor for #23 driver, Bubba Wallace.

The driver has also had a partnership with Leidos, having joined hands as a primary partner in 2022. The brans primarily teams up with #23 driver Bubba Wallace.

23XI Racing's Michael Jordan popularized brand Jordan also came on-board ahead of the 2022 season when Kurt Busch joined the team. While the team had plans to sponsor the team since its inception, 23XI being a single car organization with Bubba Wallace, in 2021, with backing from Columbia Sportswear proved to be a hindrance. However, Busch's joining finally facilitated the onboarding of the highly popular company.

Additionally, in February 2023, Monster Brewing announced a partnership with 23XI Racing, with Tyler Reddick primarily adorning the colors of the brand. <em>"This is all really cool,"</em> Reddick had said at the time. <em>"And now I get to debut The Beast this weekend atÂ <span class="xn-location">Fontana</span>Â here inÂ <span class="xn-location">California</span>. With the race being in such close proximity to Monster's Global HQ, It worked out to where we got to unveil the Beast scheme here today before getting on-track this weekend... Really cool to unveil the scheme with all the employees today, "</em> the #45 driver added.

Apart from that, Xfinity, the brand and not the NASCAR division, also inked a deal with the team ahead of the 2o23 season. It backed Tyler Reddick at the Richmond Raceway and Atlanta Motor Speedway last year. The telecommunications brand also sponsored Bubba Wallace at the Martinsville Speedway playoff race in 2023.

In another exciting development, in January 2024, <a href="https://www.essentiallysports.com/nascar-news-mobil-1-expands-its-presence-in-nascar-as-they-announce-a-new-deal-with-all-toyota-teams-in-the-cup-series/" target="_blank" rel="noopener">Toyota Racing Development(TRD) and Mobil 1 announced an expansion backing all Toyota NASCAR teams</a>, including 23XI Racing. Tyler Reddick will kick-off the partnership by running a Mobil 1 race at Phoenix in March and Richmond in August. On the other hand, Mobil 1 will be backing Bubba Wallace as a primary sponsor at the Circuit of the Americas race in March.

More exciting names have also joined the team recently. <a href="https://www.essentiallysports.com/nascar-news-bubba-wallace-makes-dream-come-true-as-23xi-teams-up-the-united-states-airforce-for-the-2024-season/" target="_blank" rel="noopener">The #23 driver reunited with US Air Force</a>, who will serve as a primary sponsor for select races.

<img class="alignnone wp-image-2639065 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/FvAJVpXaUAEBEDq.jpeg" alt="" width="1367" height="911" />
<h2 style="text-align: center"><strong>23XI Racing Investments</strong></h2>
The team has been growing in leaps and bounds ever since it came into business. As recently as 2021, Charlotte Business Journal reported that the team had made a huge $16 million investment into building a team headquarter in Huntersville, North Carolina. The HQ was reportedly being built on a 15-acre site that the team had acquired for $3.7 million the same year. Talking about when the HQ can be expected to be up and running, President of 23XI Racing, Steve Lauletta had said, "<em>â€œWe donâ€™t have an actual date yet, but it will be in the very near future."</em>

The headquarter will be a grand affair as the building will not just be a race shop but also<a href="https://www.essentiallysports.com/nascar-news-bubba-wallace-gives-insight-into-airspeed-23xis-sixteen-million-racing-mansion-in-north-carolina/" target="_blank" rel="noopener"> house a 120 room hotel and 12,000 square feet of office space</a>.
<h2 style="text-align: center"><strong>23XI Racing Major Achievements and Awards</strong></h2>
If you think 23XI Racing shouldn't be taken seriously just because it's a new team, you're definitely wrong. Despite only three years of experience, the team has been leaving a mark. While 2021 and 2022 proved to be a lackluster season for the team, 2023 went down in history books. Both full-time drivers from the team, Tyler Reddick and Bubba Wallace made it to the Playoffs for the first time in the team's history. While Reddick finished 6th on the standings after getting eliminated in the Round of 8 race at Martinsville Speedway, Wallace finished 10th last year after getting post his Round of 12 race elimination at the Charlotte Roval.

23XI Racing team has also been picking up several accolades off the track as well. In February 2024, the team won the NASCAR Drive for Diversity Awards. "<em>For the third consecutive year, the 23XI Racing family was recognized at the NASCAR Drive for Diversity Awards for living out our mission and values as they pertain to making motorsports more diverse, equitable and inclusive,"Â </em>the official release said.
<h2 style="text-align: center"><strong>23XI Racingâ€™s Vision</strong></h2>
When it comes to 23XI Racing's future prospects, the team has a lot of cards set on the table. Inclusivity has been at the forefront of the team's beliefs. Speaking about the same and how Bubba Wallace has been a big-time contributor to that cause, team president Steve Lauletta said, <em>"Itâ€™s part of the mission and values of this team, and it was started by what Bubba did for the sport of Nascar in 2020 (by campaigning for a Confederate Flag ban at NASCAR tracks). We all believe in it and we want to make it a focus of what we do as a team, and our partners believe in it."</em>

Even team co-owner Denny Hamlin mentioned how expanding the talent pool and encouraging inclusivity is a vision that the team definitely sees. In an interview with Associated Press, the #11 driver said, <em>â€œIâ€™m looking at potential hires right now that weâ€™ve got on the board â€” thereâ€™s England, Brazil and Israel, the next three hires."</em> "<em>Weâ€™re trying to make a very diverse team. Certainly itâ€™s important to give opportunities to those that never thought racing was a job, a place that they could have a job opportunity, "Â </em>the co-owner further added.

<img class="alignnone wp-image-1079908 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/EievOnNWAAMVQ05.0-1.jpg" alt="" width="1200" height="800" />

And not just that, the team is also heavily involved in charitable causes such as the <b>23XI Speed Institute Tuition Programme,</b> under the team's educational and professional development initiative, launched in 2021. The program which offers $5,000 each to 23 students every year besides providing them with opportunities <em>"such as scholarships and internships, as well as diversity recruiting and professional development in the motorsports field"</em>.

Speaking about the same, the team president said,<em> "This was the second year that we gave away 23 US$5,000 scholarships to students of diverse backgrounds that wanted to explore motorsports, whether that be in engineering or on the business side. Two of those winning scholarship recipients were interns with us this year, and theyâ€™ll be interns with us next year. Those are the kind of things that all of our partners are rallying behind and want to be a part of so that we can help change the sport.â€</em>

What's clear is the 23Xi racing team is in NASCAR for more than just racing and championship wins!
<h2 style="text-align: center"><strong>23XI Racing Social Media</strong></h2>
<table style="width: 439px">
<tbody>
<tr>
<td style="width: 76.85px"><span style="font-weight: 400">Facebook</span></td>
<td style="width: 348.55px"><a href="https://www.facebook.com/23XIRacing/" target="_blank" rel="noopener">https://www.facebook.com/23XIRacing/</a></td>
</tr>
<tr>
<td style="width: 76.85px"><span style="font-weight: 400">Instagram</span></td>
<td style="width: 348.55px"><a href="https://www.instagram.com/23xiracing/?hl=en" target="_blank" rel="noopener">https://www.instagram.com/23xiracing/</a></td>
</tr>
<tr>
<td style="width: 76.85px"><span style="font-weight: 400">Twitter</span></td>
<td style="width: 348.55px"><a href="https://twitter.com/23XIRacing?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" target="_blank" rel="noopener">https://x.com/23XIRacing/</a></td>
</tr>
<tr>
<td style="width: 76.85px"><span style="font-weight: 400">Website</span></td>
<td style="width: 348.55px"><a href="https://www.23xiracing.com/" target="_blank" rel="noopener">www.23xiracing.com</a></td>
</tr>
</tbody>
</table>
<table style="width: 59.7333%">
<tbody>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Name</span></td>
<td style="width: 73.2143%">23XI Racing</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Owners</span></td>
<td style="width: 73.2143%">Denny Hamlin, Michael Jordan</td>
</tr>
<tr>
<td style="width: 25.744%">Headquarters</td>
<td style="width: 73.2143%">Mooresville, North Carolina</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">SeriesÂ </span></td>
<td style="width: 73.2143%">NASCAR Cup Series</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Race Drivers</span></td>
<td style="width: 73.2143%">Bubba Wallace (No. 23), Tyler Reddick (No. 45)</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Sponsors</span></td>
<td style="width: 73.2143%">McDonald's, Beast Unleashed, Nasty Beast, Columbia Sportswear, MoneyLion, Leidos, U.S. Air Force, Jordan Brand. Mobil 1, Monster Energy, Xfinity, Draft Kings, Walmart, DoorDash, Dr Pepper, NBA 2K24, melin, Mack Trucks, R3</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Manufacturer</span></td>
<td style="width: 73.2143%">Toyota</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Founded</span></td>
<td style="width: 73.2143%">2020</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Latest Race</span></td>
<td style="width: 73.2143%">2024 Busch Light Clash At The Coliseum</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Championship</span></td>
<td style="width: 73.2143%">NA</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Race Victories</span></td>
<td style="width: 73.2143%">5</td>
</tr>
<tr>
<td style="width: 25.744%"><span style="font-weight: 400">Net Worth</span></td>
<td style="width: 73.2143%">$150 million</td>
</tr>
</tbody>
</table>

23XI Racing

23XI Racing: 2024 Net Worth, Stats, Owners and More What is 23XI Racing? Would you believe it, if five years ago, somebody told you that NBA legend Michael Jordan would become a regular name in NASCAR? Most people would probably scoff at the idea. However, that&#8217;s exactly what happened when 23XI came into inception. 23XI Racing is a stock car racing team that regularly competes in the NASCAR Cup Series. The team currently has two drivers in its team: Bubba Wallace driving the No. 23 Toyota Camry XSE, and Tyler Reddick driving the No. 45 Toyota Camry XSE. The History of 23XI Racing After a lot of speculations and vehement denials by Michael Jordan&#8217;s representatives about a possible NASCAR entry, 23XI was finally founded in 2020. The team debuted in the NASCAR Cup Series on February 14, 2021, at the Daytona International Speedway. The team is owned by basketball icon Michael Jordan and Joe Gibbs Racing driver Denny Hamlin, who is a minority stakeholder. 23XI reportedly has a technical alliance with JGR. Why is the team named 23XI Racing? 23XI Racing&#8217;s name is a culmination of meaningful symbolism. While the team name is as unconventional as it can be, the backstory behind it is the stuff of legends. Pronounced twenty three-eleven, the team name is an amalgamation of two numbers, 23 and 11, where the former is Michael Jordan&#8217;s jersey number that he adorned for most of his NBA career. And, 11 stands for Denny Hamlin&#8217;s car number in his Cup series team, Joe Gibbs Racing, that he has driven for the entirety of his career. 23XI Racingâ€™s Net Worth 2024Â  23XI Racing owner Michael Jordan is reportedly the first athlete to attain billionaire status. And a small chunk of it went to his NASCAR team. As per reports from 2023, 23XI is reportedly worth $150 million. While this is definitely a lot less than where other Cup Series teams stand, which MJ&#8217;s backing, the best of the team definitely awaits. 23XI Racing Drivers 23XI currently backs two drivers in the NASCAR Cup Series: Bubba Wallace and Tyler Reddick. Wallace was the first driver that was announced as a part of the team. What&#8217;s interesting is that the #23 driver had left his former team Richard Petty Motorsports, who he had driven for four years, just eleven days prior to the announcement. July 15, 2023, Loudon, NH, United States of America: NASCAR, Motorsport, USA Cup Drivers, Bubba Wallace 23 and Tyler Reddick 45 get ready to qualify for the Crayon 301 at the New Hampshire Motor Speedway in Loudon NH. NASCAR Cup Series 2023: Crayon 301 PUBLICATIONxINxGERxSUIxAUTxONLY &#8211; ZUMAa161 20230715_zaa_a161_021 Copyright: xWalterxG.xArcexSr.x Apart from Wallace, Kyle Busch&#8217;s older brother Kurt Busch was roped in to drive the No. 45 car in the 2022 season. However, his stint at 23XI Racing was unfortunately a short one. Kurt Busch joined the team in 2021 and competed in 20 races throughout the season, before a mishap took away his chances to be back in NASCAR&#8217;s top division. Busch fell prey to a wreck during the qualifying race at Pocono Raceway and was subsequently not cleared to race in the main event despite his qualification, due to a concussion. Soon after, the driver announced his retirement from full-time racing in the Cup Series. Currently, Kurt Busch serves as a consultant to 23Xi Racing. Feb 16, 2022; Daytona, FL, USA; NASCAR Cup Series driver Kurt Busch (45) during qualifying for the Daytona 500 at Daytona International Speedway. Mandatory Credit: Mike Dinovo-USA TODAY Sports After Kurt Busch&#8217;s untimely retirement, Tyler Reddick joined the team to replace the former as the new driver of the No. 45 car. Reddick, who was originally scheduled to start racing 23XI Racing in 2024, joined the team earlier than scheduled, after the Michael Jordan-Denny Hamlin owned team bought the remainder of his contract from his then team, Richard Childress Racing. 23XI Racing Partnerships and Endorsements Despite 23XI being a fairly new team in the NASCAR Cup Series, it boasts an arsenal of big-named sponsors. After all, with the likes of Michael Jordan and Denny Hamlin spearheading the team, sponsors seem to have that confidence. While brands like McDonald&#8217;s, Root Insurance, DoorDash and Columbia Sportswear moved to 23XI Racing in 2021 with Bubba Wallace from Richard Petty Motorsports, Dr. Pepper joined hands with the team soon after. And that&#8217;s not all. DraftKings inked a multi-dimensional deal with the Cup Series team ahead of the 2o21 season. Apart from being the official sports betting partner of 23XI Racing, the company also acted as a primary sponsor for #23 driver, Bubba Wallace. The driver has also had a partnership with Leidos, having joined hands as a primary partner in 2022. The brans primarily teams up with #23 driver Bubba Wallace. 23XI Racing&#8217;s Michael Jordan popularized brand Jordan also came on-board ahead of the 2022 season when Kurt Busch joined the team. While the team had plans to sponsor the team since its inception, 23XI being a single car organization with Bubba Wallace, in 2021, with backing from Columbia Sportswear proved to be a hindrance. However, Busch&#8217;s joining finally facilitated the onboarding of the highly popular company. Additionally, in February 2023, Monster Brewing announced a partnership with 23XI Racing, with Tyler Reddick primarily adorning the colors of the brand. &#8220;This is all really cool,&#8221; Reddick had said at the time. &#8220;And now I get to debut The Beast this weekend atÂ FontanaÂ here inÂ California. With the race being in such close proximity to Monster&#8217;s Global HQ, It worked out to where we got to unveil the Beast scheme here today before getting on-track this weekend&#8230; Really cool to unveil the scheme with all the employees today, &#8220; the #45 driver added. Apart from that, Xfinity, the brand and not the NASCAR division, also inked a deal with the team ahead of the 2o23 season. It backed Tyler Reddick at the Richmond Raceway and Atlanta Motor Speedway last year. The telecommunications brand also sponsored Bubba Wallace at the Martinsville Speedway playoff race in 2023. In another exciting development, in January 2024, Toyota Racing Development(TRD) and Mobil 1 announced an expansion backing all Toyota NASCAR teams, including 23XI Racing. Tyler Reddick will kick-off the partnership by running a Mobil 1 race at Phoenix in March and Richmond in August. On the other hand, Mobil 1 will be backing Bubba Wallace as a primary sponsor at the Circuit of the Americas race in March. More exciting names have also joined the team recently. The #23 driver reunited with US Air Force, who will serve as a primary sponsor for select races. 23XI Racing Investments The team has been growing in leaps and bounds ever since it came into business. As recently as 2021, Charlotte Business Journal reported that the team had made a huge $16 million investment into building a team headquarter in Huntersville, North Carolina. The HQ was reportedly being built on a 15-acre site that the team had acquired for $3.7 million the same year. Talking about when the HQ can be expected to be up and running, President of 23XI Racing, Steve Lauletta had said, &#8220;â€œWe donâ€™t have an actual date yet, but it will be in the very near future.&#8221; The headquarter will be a grand affair as the building will not just be a race shop but also house a 120 room hotel and 12,000 square feet of office space. 23XI Racing Major Achievements and Awards If you think 23XI Racing shouldn&#8217;t be taken seriously just because it&#8217;s a new team, you&#8217;re definitely wrong. Despite only three years of experience, the team has been leaving a mark. While 2021 and 2022 proved to be a lackluster season for the team, 2023 went down in history books. Both full-time drivers from the team, Tyler Reddick and Bubba Wallace made it to the Playoffs for the first time in the team&#8217;s history. While Reddick finished 6th on the standings after getting eliminated in the Round of 8 race at Martinsville Speedway, Wallace finished 10th last year after getting post his Round of 12 race elimination at the Charlotte Roval. 23XI Racing team has also been picking up several accolades off the track as well. In February 2024, the team won the NASCAR Drive for Diversity Awards. &#8220;For the third consecutive year, the 23XI Racing family was recognized at the NASCAR Drive for Diversity Awards for living out our mission and values as they pertain to making motorsports more diverse, equitable and inclusive,&#8221;Â the official release said. 23XI Racingâ€™s Vision When it comes to 23XI Racing&#8217;s future prospects, the team has a lot of cards set on the table. Inclusivity has been at the forefront of the team&#8217;s beliefs. Speaking about the same and how Bubba Wallace has been a big-time contributor to that cause, team president Steve Lauletta said, &#8220;Itâ€™s part of the mission and values of this team, and it was started by what Bubba did for the sport of Nascar in 2020 (by campaigning for a Confederate Flag ban at NASCAR tracks). We all believe in it and we want to make it a focus of what we do as a team, and our partners believe in it.&#8221; Even team co-owner Denny Hamlin mentioned how expanding the talent pool and encouraging inclusivity is a vision that the team definitely sees. In an interview with Associated Press, the #11 driver said, â€œIâ€™m looking at potential hires right now that weâ€™ve got on the board â€” thereâ€™s England, Brazil and Israel, the next three hires.&#8221; &#8220;Weâ€™re trying to make a very diverse team. Certainly itâ€™s important to give opportunities to those that never thought racing was a job, a place that they could have a job opportunity, &#8220;Â the co-owner further added. And not just that, the team is also heavily involved in charitable causes such as the 23XI Speed Institute Tuition Programme, under the team&#8217;s educational and professional development initiative, launched in 2021. The program which offers $5,000 each to 23 students every year besides providing them with opportunities &#8220;such as scholarships and internships, as well as diversity recruiting and professional development in the motorsports field&#8221;. Speaking about the same, the team president said, &#8220;This was the second year that we gave away 23 US$5,000 scholarships to students of diverse backgrounds that wanted to explore motorsports, whether that be in engineering or on the business side. Two of those winning scholarship recipients were interns with us this year, and theyâ€™ll be interns with us next year. Those are the kind of things that all of our partners are rallying behind and want to be a part of so that we can help change the sport.â€ What&#8217;s clear is the 23Xi racing team is in NASCAR for more than just racing and championship wins! 23XI Racing Social Media  Facebook https://www.facebook.com/23XIRacing/  Instagram https://www.instagram.com/23xiracing/  Twitter https://x.com/23XIRacing/  Website www.23xiracing.com    Name 23XI Racing  Owners Denny Hamlin, Michael Jordan  Headquarters Mooresville, North Carolina  SeriesÂ  NASCAR Cup Series  Race Drivers Bubba Wallace (No. 23), Tyler Reddick (No. 45)  Sponsors McDonald&#8217;s, Beast Unleashed, Nasty Beast, Columbia Sportswear, MoneyLion, Leidos, U.S. Air Force, Jordan Brand. Mobil 1, Monster Energy, Xfinity, Draft Kings, Walmart, DoorDash, Dr Pepper, NBA 2K24, melin, Mack Trucks, R3  Manufacturer Toyota  Founded 2020  Latest Race 2024 Busch Light Clash At The Coliseum  Championship NA  Race Victories 5  Net Worth $150 million

23XI Racing Archives

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Michael Jordan just teased a major collab between the Jordan Brand and his team 23XI Racing. Fans react to the big deal for Bubba Wallace and his teammate.

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Fans React as Bubba Wallace's NASCAR Team Teases Massive Michael Jordan-Centric Announcement

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Air Jordan

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Bubba Wallace

Bubba Wallace is a well-known racer of 23XI Racing. He is the only full-time driver in the NASCAR Cup Series today who is of African-American origin.

Bubba Wallace Archives

Bubba Wallace Archives - EssentiallySports

Kansas Speedway

Kansas Speedway Archives

Kansas Speedway Archives - EssentiallySports

[caption id="attachment_455725" align="aligncenter" width="1920"]<img class="size-full wp-image-455725" src="https://www.essentiallysports.com/wp-content/uploads/GettyImages-1002907568.jpg" alt="Kurt Busch in action in NASCAR Cup Series" width="1920" height="1280" /> LOUDON, NH - JULY 20: Kurt Busch, driver of the #41 Monster Energy/Haas Automation Ford, poses with the Cape Cod Cafe Pizza Pole Award after posting the fastest lap during qualifying for the Monster Energy NASCAR Cup Series Foxwoods Resort Casino 301 at New Hampshire Motor Speedway on July 20, 2018 in Loudon, New Hampshire. (Photo by Brian Lawdermilk/Getty Images)[/caption]
<h2><strong>Kurt Busch 2021: Net Worth, Salary, and Endorsement</strong></h2>
Kurt Busch is an American racing driver. Busch's first racing experience was in a Dwarf vehicle at age 14, at Pahrump Valley Speedway. Busch additionally fiddled with IMCA Modified hustling.

The Star Nursery group searched for another driver to swap Trickle for the No. 70 group, which provided Busch the big break. He picked up public presentation while contending with Ron Hornaday, Jr., Matt Crafton, Greg Biffle, Kevin Harvick, and others for the 1997 Winter Heat Series at Tucson Raceway Park.

Busch's group proceeded to win the 1998 Auto Zone Elite Division Southwest Series Rookie of the Year. He followed up by winning the title in 1999.

This prompted a tryout in a Roush Racing "Gong Show," which he won and procured a Craftsman Truck Series ride. He raced the No. 99 Ford F-150. Kurt dominated four races and was the runner-up behind partner Greg Biffle in the title standings, just as winning Rookie of the Year respects.
<h2><strong>Kurt Busch</strong>: Stats and Championships</h2>
He contends full-time in the NASCAR Cup Series, driving the No. 1 Chevrolet Camaro ZL1 1LE for Chip Ganassi Racing. He is the 2004 NASCAR Nextel Cup Series champion.

Busch has driven for many teams throughout his career, including Stewart-Haas Racing, Furniture Row Racing, Phoenix Racing, Penske Racing, and Roush Racing.

He has won 32 Cup races. Busch also has won the 2004 NASCAR Nextel Cup Series title with Roush Racing.

Kurt is one of 34 drivers to win races in every one of the three of NASCAR's divisions: the Cup Series, the Xfinity Series, and the Camping World Truck Series.

[caption id="attachment_415823" align="aligncenter" width="1920"]<img class="size-full wp-image-415823" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20201019203224/2020-09-28T033915Z_1681331198_NOCID_RTRMADP_3_NASCAR-SOUTH-POINT-400.jpg" alt="Kurt Busch in action in NASCAR Cup Series" width="1920" height="1300" /> Sep 27, 2020; Las Vegas, Nevada, USA; NASCAR Cup Series driver Kurt Busch (1) during the South Point 400 at Las Vegas Motor Speedway. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports[/caption]
<h2>Kurt Busch: Net Worth 2021</h2>
According to <a href="https://www.celebritynetworth.com/richest-athletes/race-car-drivers/kurt-busch-net-worth/" target="_blank" rel="noopener noreferrer">celebrity net worth</a>, he has a net worth of $70 million dollars.

He is the second-longest-tenured driver in the Cup Series alongside Ryan Newman; they both made their debut in 2000.

He is the brother of two-time NASCAR Cup Series champion Kyle Busch. They are second-gen drivers, as their dad, Tom, won a few NASCAR races.
<h2>Kurt Busch: Foundations and Charities</h2>
Kurt Busch has a partnership with Vet Tix Foundation and gave 100 passes to each of the 36 races to military individuals in 2019.

As per <a href="https://tobychristie.com/2019/02/12/kurt-busch-to-celebrate-service-members-and-veterans-with-ticket-giveaways/" target="_blank" rel="noopener">Toby Christie</a>, Busch, at the 2017 DAYTONA 500 and the 2004 Cup Series Champion stated, <em>“I am appreciative of the sacrifice and commitment of our military service members and families.”</em>

He said, <em>“Family is what NASCAR is all about and I hope this experience at the track will be an enjoyable and fun-filled event!”</em>
<h2><b>Kurt Busch: Sponsors</b></h2>
Kurt Busch's primary sponsor is Monster Energy. His associate sponsors include Chevrolet, Clover, Credit One Bank, Goodyear, McDonald's, 3M, Sunoco.

[caption id="attachment_393871" align="aligncenter" width="1920"]<img class="size-full wp-image-393871" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20200928235205/2020-09-28T032422Z_479248743_NOCID_RTRMADP_3_NASCAR-SOUTH-POINT-400.jpg" alt="Kurt Busch on his way to victory at the Southern Point 400" width="1920" height="1169" /> Sep 27, 2020; Las Vegas, Nevada, USA; NASCAR Cup Series driver Kurt Busch (1) during the South Point 400 at Las Vegas Motor Speedway. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports[/caption]
<h2>Best Moments of Kurt Busch</h2>

<h2>Kurt Busch: Lifestyle</h2>
Kurt Busch has an extraordinary collection of cars in NASCAR. Some of the cars from his lot are:

2001 Ford Mustang
2005 Ford GT
Dodge Viper
1969 Chevrolet Camaro
1971 Chevrolet Corvette
1961 Corvette
<h2>Kurt Busch: Family</h2>
Busch was born to Thomas and Gaye Busch in Las Vegas, Nevada. At six years old, Busch was going with his dad to the track and contending in karting.

After moving on from Durango High School, Busch went to the University of Arizona, to acquire a degree in Pharmacy. He is married to polo player Ashley Van Meter.

[caption id="attachment_455730" align="alignnone" width="1920"]<img class="size-full wp-image-455730" src="https://www.essentiallysports.com/wp-content/uploads/GettyImages-1174691390.jpg" alt="" width="1920" height="1280" /> LAS VEGAS, NEVADA - SEPTEMBER 14: Kyle Busch, driver of the #18 M&amp;M's Hazelnut Toyota, talks with Kurt Busch, driver of the #1 GEARWRENCH Chevrolet, during qualifying for the Monster Energy NASCAR Cup Series South Point 400 at Las Vegas Motor Speedway on September 14, 2019 in Las Vegas, Nevada. (Photo by Chris Graythen/Getty Images)[/caption]
<h2>How to contact Kurt Busch</h2>
Kurt Busch is very active and highly popular on social media. As a result, it's the most accessible and easiest method to keep in touch with the Cup Series Champion.

He is on all the popular social media platforms such as <a href="https://www.instagram.com/kurtbusch/" target="_blank" rel="noopener noreferrer">Instagram</a>, <a href="https://twitter.com/kurtbusch" target="_blank" rel="noopener noreferrer">Twitter</a>, and <a href="https://www.facebook.com/OfficialKurtBusch" target="_blank" rel="noopener noreferrer">Facebook</a>. While these serve as an excellent platform for fan requests and interactions, Busch also has his own official <a href="https://shopkurtbusch.com/" target="_blank" rel="noopener noreferrer">website</a> and management team to keep track of proposals and requests.

Interested parties can reach out to Busch through his <a href="https://shopkurtbusch.com/pages/contact-us" target="_blank" rel="noopener noreferrer">contact page</a>.
<table>
<tbody>
<tr>
<td width="301">Age</td>
<td width="301">42 Years</td>
</tr>
<tr>
<td width="301">Marital Status</td>
<td width="301">Married</td>
</tr>
<tr>
<td width="301">Residence</td>
<td width="301">Charlotte, North Carolina</td>
</tr>
<tr>
<td width="301">Nationality</td>
<td width="301">American</td>
</tr>
<tr>
<td width="301">Team</td>
<td width="301">Chip Ganassi Racing</td>
</tr>
<tr>
<td width="301">Endorsements</td>
<td width="301">Monster Energy, Chevrolet, Clover, Credit One Bank, Goodyear, McDonald's, 3M, Sunoco</td>
</tr>
<tr>
<td width="301">Championships</td>
<td width="301">1 - 2004</td>
</tr>
<tr>
<td width="301">Net Worth</td>
<td width="301">$70 Million</td>
</tr>
<tr>
<td width="301">Birthday</td>
<td width="301">August 4, 1978</td>
</tr>
<tr>
<td width="301">Height</td>
<td width="301">5 ft 11 in (180 cm)</td>
</tr>
</tbody>
</table>

Kurt Busch

LOUDON, NH &#8211; JULY 20: Kurt Busch, driver of the #41 Monster Energy/Haas Automation Ford, poses with the Cape Cod Cafe Pizza Pole Award after posting the fastest lap during qualifying for the Monster Energy NASCAR Cup Series Foxwoods Resort Casino 301 at New Hampshire Motor Speedway on July 20, 2018 in Loudon, New Hampshire. (Photo by Brian Lawdermilk/Getty Images) Kurt Busch 2021: Net Worth, Salary, and Endorsement Kurt Busch is an American racing driver. Busch&#8217;s first racing experience was in a Dwarf vehicle at age 14, at Pahrump Valley Speedway. Busch additionally fiddled with IMCA Modified hustling. The Star Nursery group searched for another driver to swap Trickle for the No. 70 group, which provided Busch the big break. He picked up public presentation while contending with Ron Hornaday, Jr., Matt Crafton, Greg Biffle, Kevin Harvick, and others for the 1997 Winter Heat Series at Tucson Raceway Park. Busch&#8217;s group proceeded to win the 1998 Auto Zone Elite Division Southwest Series Rookie of the Year. He followed up by winning the title in 1999. This prompted a tryout in a Roush Racing &#8220;Gong Show,&#8221; which he won and procured a Craftsman Truck Series ride. He raced the No. 99 Ford F-150. Kurt dominated four races and was the runner-up behind partner Greg Biffle in the title standings, just as winning Rookie of the Year respects. Kurt Busch: Stats and Championships He contends full-time in the NASCAR Cup Series, driving the No. 1 Chevrolet Camaro ZL1 1LE for Chip Ganassi Racing. He is the 2004 NASCAR Nextel Cup Series champion. Busch has driven for many teams throughout his career, including Stewart-Haas Racing, Furniture Row Racing, Phoenix Racing, Penske Racing, and Roush Racing. He has won 32 Cup races. Busch also has won the 2004 NASCAR Nextel Cup Series title with Roush Racing. Kurt is one of 34 drivers to win races in every one of the three of NASCAR&#8217;s divisions: the Cup Series, the Xfinity Series, and the Camping World Truck Series. Sep 27, 2020; Las Vegas, Nevada, USA; NASCAR Cup Series driver Kurt Busch (1) during the South Point 400 at Las Vegas Motor Speedway. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports Kurt Busch: Net Worth 2021 According to celebrity net worth, he has a net worth of $70 million dollars. He is the second-longest-tenured driver in the Cup Series alongside Ryan Newman; they both made their debut in 2000. He is the brother of two-time NASCAR Cup Series champion Kyle Busch. They are second-gen drivers, as their dad, Tom, won a few NASCAR races. Kurt Busch: Foundations and Charities Kurt Busch has a partnership with Vet Tix Foundation and gave 100 passes to each of the 36 races to military individuals in 2019. As per Toby Christie, Busch, at the 2017 DAYTONA 500 and the 2004 Cup Series Champion stated, “I am appreciative of the sacrifice and commitment of our military service members and families.” He said, “Family is what NASCAR is all about and I hope this experience at the track will be an enjoyable and fun-filled event!” Kurt Busch: Sponsors Kurt Busch&#8217;s primary sponsor is Monster Energy. His associate sponsors include Chevrolet, Clover, Credit One Bank, Goodyear, McDonald&#8217;s, 3M, Sunoco. Sep 27, 2020; Las Vegas, Nevada, USA; NASCAR Cup Series driver Kurt Busch (1) during the South Point 400 at Las Vegas Motor Speedway. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports Best Moments of Kurt Busch Kurt Busch: Lifestyle Kurt Busch has an extraordinary collection of cars in NASCAR. Some of the cars from his lot are: 2001 Ford Mustang 2005 Ford GT Dodge Viper 1969 Chevrolet Camaro 1971 Chevrolet Corvette 1961 Corvette Kurt Busch: Family Busch was born to Thomas and Gaye Busch in Las Vegas, Nevada. At six years old, Busch was going with his dad to the track and contending in karting. After moving on from Durango High School, Busch went to the University of Arizona, to acquire a degree in Pharmacy. He is married to polo player Ashley Van Meter. LAS VEGAS, NEVADA &#8211; SEPTEMBER 14: Kyle Busch, driver of the #18 M&amp;M&#8217;s Hazelnut Toyota, talks with Kurt Busch, driver of the #1 GEARWRENCH Chevrolet, during qualifying for the Monster Energy NASCAR Cup Series South Point 400 at Las Vegas Motor Speedway on September 14, 2019 in Las Vegas, Nevada. (Photo by Chris Graythen/Getty Images) How to contact Kurt Busch Kurt Busch is very active and highly popular on social media. As a result, it&#8217;s the most accessible and easiest method to keep in touch with the Cup Series Champion. He is on all the popular social media platforms such as Instagram, Twitter, and Facebook. While these serve as an excellent platform for fan requests and interactions, Busch also has his own official website and management team to keep track of proposals and requests. Interested parties can reach out to Busch through his contact page.  Age 42 Years  Marital Status Married  Residence Charlotte, North Carolina  Nationality American  Team Chip Ganassi Racing  Endorsements Monster Energy, Chevrolet, Clover, Credit One Bank, Goodyear, McDonald&#8217;s, 3M, Sunoco  Championships 1 &#8211; 2004  Net Worth $70 Million  Birthday August 4, 1978  Height 5 ft 11 in (180 cm)

Fans React as Bubba Wallace’s NASCAR Team Teases Massive Michael Jordan-Centric Announcement

Fans are happy as Michael Jordan and Bubba Wallace’s Team tease of a new Jordan show