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Teresa Earnhardt is the third wife of the NASCAR driver and legend, Dale Earnhardt. The two were married for 18 years until Earnhardt's death in February 2001 at the Daytona 500.
She is best known for having owned and operated the NASCAR team Dale Earnhardt, Inc. The other teams she was previously involved with in NASCAR are Chance 2 Motorsports, Ginn Racing, and Chip Ganassi Racing, making it a total of 4 teams.
Here’s all you need to know about the teams Teresa Earnhardt has worked with in NASCAR:
Dale Earnhardt, Inc.
After Dale Earnhardt's death, Teresa took over as the head of DEI in 2001. As for the team's achievements before this unfortunate event, it won 2 Busch Series championships, one in 1998 and the other in 1999, along with 2 Craftsman Truck Series championships, one in 1996 and the second in 1998.
Trending
Under Teresa Earnhardt's ownership, the team with driver Dale Earnhardt Jr. went on to win 4 straight races at the Talladega Speedway from 2001-2003 and won the Daytona 500 in 2004.
In 2006, the team hired Max Siegel to focus on expansion efforts and take the team towards entertainment and merchandising.
Dale Earnhardt Jr., Teresa’s stepson, who drove for the team from 1999 onwards, exited in 2007 due to a strained relationship between the two. After his exit, financial difficulties for the team increased because of the loss of major sponsorships.
Chance 2 Motorsports
Chance 2 Motorsports was a team in the NASCAR Busch Series, founded in 2003 by Teresa Earnhardt and Dale Earnhardt Jr. The team was operational for only three years from 2003 to 2005. The team, while connected to DEI, was separate from it. After the team folded, what remained of it later became JR Motorsports.
During its run in the second tier, the team won two successive Busch Series championships in 2004 and 2005, both with Martin Truex Jr.
Ginn Racing
Before this team came to be known as Ginn Racing, it was founded in 1997 as MB2 Motorsports by Read Morton, Tom Beard, and Nelson Bowers.
In 2007, it underwent a rebranding after merging with DEI to make up for a more competitive race lineup. The effect of this merger was that while teams like No. 1 and No.15 were absorbed into DEI, other teams like No. 13 and 14 were disbanded.
Chip Ganassi Racing (Earnhardt Ganassi Racing)
Chip Ganassi racing wasn’t always a part of the teams operating under Teresa Earnhardt. It was founded in 1989 by Felix Sabates who named it SABCO Racing. Chip Ganassi purchased an 80% ownership stake in the team in 2001 and renamed it Chip Ganassi Racing.
In 2009, the team merged with Dale Earnhardt, Inc., and came to be known as Earnhardt Ganassi Racing. This merger lasted 5 years, operating on Chevrolet engines from Richard Childress Racing, and later in 2013, switched to Hendrick Motorsports engines.
Teresa Earnhardt's involvement in the team operations was quite limited. The reason for the merger was the financial strain that DEI was facing after Dale Earnhardt Jr. exited the team, but even after its dissolution, Teresa had a minority ownership stake in the team which was later fully absorbed by Ganassi in 2014 when the team went back to its original name, Chip Ganassi Racing.
As of 2024, Teresa Earnhardt is no longer the owner nor does she handle the operations of any of these teams. DEI is now a parent company for Earnhardt-related businesses, with Teresa being involved in running the Dale Earnhardt Foundation, focusing her efforts towards charity.
