The Money Team Racing, also known as TMT Racing, is an American professional stock car racing team that competes in the NASCAR Cup Series. The team was founded by former professional boxer Floyd Mayweather Jr. and has made waves in the racing world.
While The Money Team Racing has faced challenges, including a failed partnership deal with Spire Motorsports, their presence in NASCAR adds excitement and diversity to the sport.
Bob Pockrass shared a post on X stating, “Ty Dillon will drive the No. 50 Cup car this weekend at Charlotte. The team is owned by some of the same people who co-owned TMT (Mayewather not involved) and Amerivet Securities, a service-disabled veteran-owned broker-dealer financial services company.”
Mayweather’s Ownership and NASCAR Debut
Mayweather co-owns The Money Team Racing, which made its debut in the NASCAR Cup Series. The team fields the No. 50 Chevrolet Camaro ZL1 on a part-time basis.
Their debut race was at the 2022 Daytona 500, where driver Kaz Grala took the wheel of the appropriately numbered No. 50 Chevrolet. The team secured sponsorship from Pit Viper Sunglasses and Momento NFT for their debut race.
During the 2022 Daytona 500, Grala raced his way into the starting lineup through the duels. Despite losing a right rear wheel and tire during the race, Grala finished in 26th place. The team continued to compete in select races during the season, with Conor Daly making his Cup Series debut at the Charlotte Roval race.
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