Pitbull has ended his four-year NASCAR ownership in Trackhouse Racing, announcing his departure days before the season-opening Daytona 500.
The entertainer had become an ownership partner in January 2021 for the team as it made its NASCAR debut that year. Trackhouse has won eight races in the past four seasons and has four drivers from four countries in this year’s Daytona 500.
“Ending partnership with Trackhouse Racing,” Pitbull
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Pitbull, whose real name is Armando Christian Perez, had said he loved both NASCAR and music and that the two were part of his vision to unite people and show the opportunities that exist for all cultures.
Trackhouse was launched by former driver Justin Marks, who thanked the rapper for his contributions to the team.
“This is a great business story. Armando came in when we had no certainty of any material success and took a chance to help build a brand,” Marks wrote on social media. “Now that we’ve scaled up and have new partners, he’s been able to be rewarded for the impact he’s made. A great investment on both ends.”
Neither side gave a reason for the split.
The Associated Press contributed to this report.
