Grammy-winning pop star Justin Timberlake has added to his growing sports industry resume by becoming part of the Music City Grand Prix ownership group.
The Memphis native became a minority owner of the Memphis Grizzlies back in 2012 and last September joined fundraising efforts for a group trying to bring a professional baseball team to Nashville. Timberlake joins former Delta Airlines COO Gil West (who last month joined General Motors' Cruise autonomous vehicle venture) and NASCAR team owner and driver Justin Marks as additions to the previous 12-person ownership group.
“I am incredibly proud of the ownership group we have assembled,” Music City Grand Prix CEO Matt Crews said in a release. “Our group combines game changers in the world of business, music and motorsports. Each brings something unique to the table that will be invaluable as we merge motorsports, music and food into a one-of-a-kind event.
“This event will be one to remember and one to be celebrated year after year in the heart of Music City. We look forward to the team’s unique perspectives and the magic that soon will become the inaugural Music City Grand Prix.”
Thursday’s news isn’t Timberlake’s first go-around with IndyCar racing. In 2011, Timberlake’s clothing company, William Rast, sponsored the late Dan Wheldon in the 2011 Indianapolis 500, which Wheldon won memorably after passing the crashed J.R. Hildebrand just before the finish line.
The Music City Grand Prix will take place on a 2.17-mile track that will feature 11 turns and run next to and near Nissan Stadium, which will serve as a paddock for the event. The track will include the Cumberland River-spanning Korean Veterans Memorial Bridge, making it one of a small group of tracks to cross over a major body of water.
Other Grand Prix owners include:
• Teddy Phillips, CEO Phillips and Jordan
• Kevin Clayton, President and CEO of Clayton Homes
• Scott Borchetta, President and CEO of the Big Machine Label Group
• Brad Lager, Chairman & CEO Herzog Contracting
• JR Hand, President/CEO Hand Family Companies
• Darby Campbell, Owner and President of Safe Harbor Development
• Stanton Barrett, Movie Director, stunt coordinator and race car driver
• Drew Kitchen, an attorney at Maynard Cooper
• Andy Moats, Executive VP of Music, Sports & Entertainment at Pinnacle Financial Partners
• Amish Purohit, Alpha Development
• John Thompson, CEO MTA Distributors
• Ace Harrington, COO MTA Distributors
Follow Michael Gallagher on Twitter @MGsports_