Arizona Diamondbacks Execs purchase majority of Hall of Fame Racing
Quote selected text Published September 2nd, 2007 in NASCAR News
Two executives with the Arizona Diamondbacks have purchased majority interest in the team owned by Troy Aikman and Roger Staubach. Jeff Moorad, chief executive officer of the Diamondbacks, and Tom Garfinkel, the chief operating officer, will be introduced as the controlling owners of Hall of Fame Racing Sunday at California Speedway, two people familiar with the deal told the AP.
The original ownership group, including Aikman and Staubach, will remain involved as minority owners. But Moorad, who is part of the Diamondbacks ownership group, and Garfinkel will have controlling interest. Garfinkel has vast racing experience through his previous role as executive vice president of Chip Ganassi Racing. Moorad founded his own management company in 1983, and has represented athletes such as Manny Ramirez, Will Clark, Steve Young, Warren Moon, and Aikman. It was that previous relationship with Aikman that led the executives to Hall of Fame Racing when they began looking for a team to purchase.
Hall of Fame Racing has a close alliance with Joe Gibbs Racing, and that’s not expected to change with the sale. Gibbs currently fields Chevy, but is expected to announce next week that it is switching to Toyota. Although aspects of the Hall of Fame sale are still being discussed, sources told the AP the team will use the same manufacturer that Gibbs does next season.
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And I thought only horse racing had geldings!