International music icon Pitbull has officially announced that he will no longer be an owner in Trackhouse Racing, marking the end of a fruitful partnership that began in 2021. The news came just days before the Daytona 500, where Pitbull is scheduled to perform on Sunday.
Pitbull no longer an owner in Trackhouse Racing
Pitbull, whose real name is Armando Christian Perez, joined Trackhouse Racing as a co-owner on January 15, 2021. Since then, he has played a significant role in bringing a fresh audience to NASCAR. His involvement included attending select races, giving the command to start the 2021 Daytona 500, and even performing before the inaugural Clash at the Los Angeles Memorial Coliseum in 2022.
Although he was slated to perform at last year’s Daytona 500, rain delays moved the race to Monday, preventing his return. However, he confirmed that he would perform before this year’s race, fulfilling his commitment to NASCAR fans.
Pitbull’s statement on ending the partnership
Pitbull shared his decision on social media Friday, expressing pride in the journey and the impact of his involvement with Trackhouse Racing:
Ending partnership with Trackhouse Racing. Over the past five years, we’ve made history by introducing NASCAR to a whole new audience and falling in love with NASCAR fans at the same time. We have made the decision to terminate the partnership with Trackhouse Racing, effective immediately.
Trackhouse’s reflects on the partnership
Justin Marks, the owner of Trackhouse Racing, also took to social media to share his thoughts. He acknowledged the pivotal role Pitbull played in the team’s growth:
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. Now that we've scaled up and have new (partners), he's been able to be rewarded for the impact he's made.
New ownership and team roster updates
Last July, the Avenue Sports Fund announced a significant minority stake acquisition in Trackhouse Entertainment, the parent company of Trackhouse Racing. Trackhouse Racing continues to field full-time Cup entries for drivers Ross Chastain, Daniel Suarez, and Shane van Gisbergen.
In addition, legendary driver Helio Castroneves will race for Trackhouse in Sunday’s Daytona 500. Trackhouse Racing development driver Connor Zilisch is also competing for JR Motorsports in the Xfinity Series.
Pitbull’s exit from Trackhouse Racing marks the end of an era, but his legacy of bringing new energy and fans to NASCAR will remain a significant part of the sport’s evolution. As the Daytona 500 approaches, all eyes will be on the upcoming race and the next chapter for both Pitbull and Trackhouse Racing.