NASCAR’s Johnson becomes majority team owner

Seven-time NASCAR champion Jimmie Johnson has become the majority owner of Legacy Motor Club, which was a rebuild of Petty Enterprises, one of NASCAR’s oldest and winningest race teams.

Cindric takes step back, still president at Penske

Tim Cindric, president of Team Penske and Roger Penske’s longtime right-hand man on competition, will step back as the overall leader of the organization but remain president of the IndyCar program.