Earlier this year, reports emerged that Chevrolet will soon stop the production of its iconic Camaro by 2023/2024. This is because there has been a gradual shift towards electric power instead of fossil fuel. Of course, one has to wonder what this means for Chevrolet’s involvement in NASCAR. After all, the sport has just entered the era of the Next Gen car with the Camaro. Obviously, the manufacturer will still want to stick around in the NASCAR arena. However, the big question is, which model will be used as the Camaro’s successor? Will the manufacturer have to start from scratch when 2024 rolls by? All of their data has come from the Camaro, so will the company be pushed back compared to Ford and Toyota? WHAT DOES THE FUTURE HOLD FOR CHEVROLET? As it turns out, it could be very likely that Chevrolet could follow the likes of Ford and Dodge down the electric route. According to some reports [https://www.motorbiscuit.com/chevy-camaro-electric-avoid-discontinued/], the Camaro has been experiencing a significant drop in sales; Chevrolet could only manage a paltry 2,700+ units during that timeframe. To put it in perspective, during the second quarter of 2021, Dodge sold 15,000+ units of its Challenger, Ford sold 14,600+ units of the Mustang. Kyle Larson [https://image-cdn.essentiallysports.com/wp-content/uploads/2021-09-27T005001Z_540031200_MT1USATODAY16836775_RTRMADP_3_NASCAR-SOUTH-POINT-400.jpg]Sep 26, 2021; Las Vegas, Nevada, USA; NASCAR Cup Series driver Kyle Larson (5) during the South Point 400 at Las Vegas Motor Speedway. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports In fact, there were plans for a seventh generation, but now things have changed and the sixth generation could be the last. Admittedly, this is still a good two years away; but it raises the question about the car that will succeed the Camaro. Prior to the Camaro, it was the Chevy Impala and the Impala SS. Unfortunately, there is little chance of them returning to the fray. A couple of options could be the Chevrolet Malibu or the Monza, if they still want to stick to the fossil fuel route. However, if NASCAR ever decides to explore the electric avenue, the manufacturer will have to build a new car. READ MORE: Chevrolet Contemplate New Technology for NASCAR Next Gen Car [https://www.essentiallysports.com/nascar-news-chevrolet-contemplate-new-technology-for-nascar-next-gen-car/] 

Earlier this year, it emerged that Chevrolet has made a massive decision
regarding its future in automobiles and it could impact NASCAR too

Dhruv George is a Senior NASCAR Author at EssentiallySports, with an impressive record of over 14K articles. From F1 driver Pierre Gasly to Moto2 rider Tony Arbolino, Dhruv has interviewed several racers, establishing himself as an authoritative voice in the world of motorsports. He not only writes engaging content but helps connect readers with some of the biggest racing names thanks to his ability to churn out exclusive interviews.

Dhruv's ambition extends beyond writing, as he aspires to host a successful motorsports podcast with some of the biggest stars in the industry, like Kyle Busch and Denny Hamlin. When he's not writing about Stock Car Racing, he can be found reading and writing fan fiction.

Dhruv George

Dhruv George is a Senior NASCAR Author at EssentiallySports, with an impressive record of over 14K articles. From F1 driver Pierre Gasly to Moto2 rider Tony Arbolino, Dhruv has interviewed several racers, establishing himself as an authoritative voice in the world of motorsports. Dhruv's ambition extends beyond writing, as he aspires to host a successful motorsports podcast with some of the biggest stars in the industry, like Kyle Busch.

Dhruv George | Senior NASCAR Author at EssentiallySports

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Dhruv George is a Senior NASCAR Author at EssentiallySports, with an impressive record of over 14K articles. From F1 driver Pierre Gasly to Moto2 rider Tony Arbolino, Dhruv has interviewed several racers, establishing himself as an authoritative voice in the world of motorsports. He not only writes engaging content but helps connect readers with some of the biggest racing names thanks to his ability to churn out exclusive interviews. Dhruv's ambition extends beyond writing, as he aspires to host a successful motorsports podcast with some of the biggest stars in the industry, like Kyle Busch and Denny Hamlin. When he's not writing about Stock Car Racing, he can be found reading and writing fan fiction.

https://image-cdn.essentiallysports.com/wp-content/uploads/Dhruv-George-1-96x96.png

Dhruv George is a senior Motorsports author for EssentiallySports, having
authored nearly 12000 articles spanning different sports like F1, NASCAR,
Tennis, NFL, and eSports. He graduated with a PG Diploma in Journalism from the
Xavier Institute of Communications. Dhruv has also conducted interviews with F1
driver Pierre Gasly and Moto2 rider Tony Arbolino. He has been an ardent
follower of motorsports sport since 2001, holding Carlos Sainz Jr. and McLaren
in high regard.

https://image-cdn.essentiallysports.com/wp-content/uploads/Dhruv_George.png

Chevrolet Contemplate New Technology for NASCAR Next Gen Car

NASCAR: South Point 400

Sep 26, 2021; Las Vegas, Nevada, USA; NASCAR Cup Series driver Alex Bowman (48) leads driver Kyle Larson (5) during the South Point 400 at Las Vegas Motor Speedway. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports

NASCAR: South Point 400 - EssentiallySports

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What Does the Chevrolet Camaro Discontinuation in 2024 Mean for NASCAR?

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NASCAR

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<h1 style="text-align: center"><b>NASCAR Cup Series: Origin, Teams and More</b></h1>
<h2 style="text-align: center"><strong>What is the NASCAR Cup Series?</strong></h2>
NASCAR (National Association for Stock Car Auto Racing) is the authorizing body for stock-vehicle racing in North America. It was established in 1948 in Daytona Beach, Florida. Currently, the organization fields four types of tracks: Intermediate tracks, Superspeedways, Short Tracks and Road Courses.

[caption id="attachment_2675743" align="alignnone" width="5162"]<img class="wp-image-2675743 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2024-02-20T005209Z_1919194866_MT1USATODAY22564783_RTRMADP_3_NASCAR-DAYTONA-500.jpg" alt="NASCAR" width="5162" height="3322" /> Feb 19, 2024; Daytona Beach, Florida, USA; NASCAR Cup Series drivers Corey LaJoie (7), Kyle Busch (8) and A.J. Allmendinger (16) race three wide for the lead during the Daytona 500 at Daytona International Speedway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports[/caption]
<h2 style="text-align: center"><strong>NASCAR Cup Series Origin</strong></h2>
The first-ever NASCAR race was held at Charlotte Fairgrounds Speedway on June 19, 1949 and Christian David "Jim" Roper was the victor after racer Glen Dunaway was disqualified for making illegal adjustments to his car.
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">On this day in 1949, NASCAR held its first-ever "Strictly Stock" race.</p>
Thirty-three drivers raced at Charlotte Speedway, six of which were future NASCAR Hall of Famers. Jim Roper was declared the winner following a disqualification to Glenn Dunaway. <a href="https://t.co/yBUDRcRxVo">pic.twitter.com/yBUDRcRxVo</a>

— NASCAR (@NASCAR) <a href="https://twitter.com/NASCAR/status/1670832065690972160?ref_src=twsrc%5Etfw">June 19, 2023</a></blockquote>

<h2 style="text-align: center"><strong>Why is it named Cup Series? </strong></h2>
The NASCAR Cup Series is the pinnacle of the racing arrangement in the NASCAR classification. The arrangement started in 1949 and was called the Strictly Stock Division. The series was subsequently known as the Grand National Division from 1950 to 1970.

Then, in 1971, it started renting its naming rights to the R. J. Reynolds Tobacco Company and was alluded to as the NASCAR Winston Cup Series till 2003. From the next year onwards, the series came to be known as the NASCAR Nextel Cup Series till 2007 after a partnership with Nextel.

Sprint obtained Nextel in 2005 and 2008 saw the arrangement being renamed as the NASCAR Sprint Cup Series. Sprint remained the sponsor of the NASCAR Cup from 2008 to 2016. It was reported in December 2016 that Monster Energy would be the sponsor; therefore, the arrangement was renamed the Monster Energy NASCAR Cup Series from 2017 to 2019.

However, after decades of name changes, in 2017, the organization finally decided to shed off its old image and simply be named as the NASCAR Cup Series, with series sponsors being called 'Premier Partners'.
<h2 style="text-align: center"><strong>What is the format of the Cup Series?</strong></h2>
The NASCAR points system has been a complicated affair to say the least. Over the years, the organization has tried several iterations, namely the Latford system, the Chase and the current elimination playoffs format among others, to discern one that would be fair to each driver.

While the earlier system saw drivers being awarded points on the basis of prize money in a particular race, in 1972 a new format was introduced. This time the points were awarded on the basis of laps completed. However, even that came with its own flaws and just two years later, in 1974, the organization introduced point calculation based on a mathematical formula. However, given the complexity of the equation, Bill France Jr, the former CEO of NASCAR decided to step in and call upon his close friend Bob Latford, to come up with an efficient way, which later came to be known as Boot Hill Format or the Latford Model.

With equal points awarded in all races, as New York Times aptly put it: <em>"Mr. Latford set up his points scale to reward consistency rather than flashes of brilliance, and drivers seem to like it that way."</em>

This system was perhaps the longest-running one during that time, being replaced in 2003, by The Chase format. Currently, the NASCAR Cup Series operates on the Playoff Format. The schedule consists of 31 oval races, 4 road course races, one street track race, and 4 non-championship races to be held on ovals. This also includes 16 playoff races, with four elimination rounds, namely, Round of 16, Round of 12, Round of 4 and Championship 4.
<h2 style="text-align: center"><strong>NASCAR Cup Series Teams</strong></h2>
As of 2024, the NASCAR Cup Series has 16 full-time teams participating and three manufacturers, namely Toyota, Chevrolet and Ford. As for the team with the most number of victories and championship, Hendrick Motorsports has has an undebatable upper hand, with 305 Cup Series wins and 14 drivers championships.
<h2 style="text-align: center"><strong>NASCAR Cup Series Venue</strong></h2>
The first championship race was reportedly held at Martinsville Speedway, a half-mile oval, on October 16, 1949. Currently, the final race of a Cup season is held at the Phoenix Raceway, which is a one-mile, low-banked tri-oval race track located in Avondale, Arizona, near Phoenix.

[caption id="attachment_1351857" align="alignnone" width="1920"]<img class="wp-image-1351857 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2022-11-07T003206Z_1075855806_MT1USATODAY19376372_RTRMADP_3_NASCAR-CUP-CHAMPIONSHIP.jpg" alt="Joey Logano NASCAR" width="1920" height="1289" /> Nov 6, 2022; Avondale, Arizona, USA; NASCAR Cup Series driver Joey Logano (22) races in the final laps of the Cup championship at Phoenix Raceway. Mandatory Credit: John David Mercer-USA TODAY Sports[/caption]
<h2 style="text-align: center"><strong>NASCAR Cup Series Championship</strong></h2>
The NASCAR Cup Series hosts three different championship under one name: The Driver's Championship, the Owner's Championship and the Manufacturer's Championship. The driver's championship as the name suggests is the award given to the driver that has emerged as the winner at the end of a season. On the other hand, the Owner's Championship aims to reward the team at the top of the points standings. The driver with the most championship wins are Richard Petty, Dale Earnhardt and Jimmie Johnson. Additionally, Rick Hendrick-owned Hendrick Motorsports has won a record-breaking 14 championships till date.

<img class="alignnone wp-image-1195372 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/ezgif.com-gif-maker-3-78.jpg" alt="Richard Petty Dale Earnhardt NASCAR" width="1850" height="1253" />

On a similar note, the Manufacturer's Championship sees Original Equipment Manufacturers(OEMs) being awarded a championship based on how races their cars managed to dominate and the points accumulated. In this regard, US-based manufacturer Chevrolet has racked up the most Cup Series wins at 42, followed by Ford at 17, and Toyota at 3.
<h2 style="text-align: center"><strong>NASCAR Cup Series Track Types</strong></h2>
As mentioned earlier, the NASCAR Cup series organizes its races on four different types of tracks, namely, Intermediate tracks, Superspeedways, Short Tracks and Road Courses.

When it comes to Intermediate tracks, it simply means <em>"any track greater than one mile in length, with the exception of both Daytona and Talladega" </em>according to the official NASCAR website and currently the Cup Series drivers compete on the following Intermediate tracks/Speedways :
<ul>
 	<li>Atlanta Motor Speedway (1.540-mile, Quad-Oval)</li>
 	<li>Charlotte Motor Speedway (1.500-mile Quad-Oval, including a 2.280 miles Road Course)</li>
 	<li>Darlington Raceway (1.366-mile, Egg-Shaped Oval)</li>
 	<li>Dover Motor Speedway (1.000-mile, Concrete Oval)</li>
 	<li>Homestead-Miami Speedway (1.500-mile, Oval)</li>
 	<li>Kansas Speedway (1.500-mile, Tri-Oval)</li>
 	<li>Las Vegas Motor Speedway (1.500-mile, Tri-Oval)</li>
 	<li>Michigan International Speedway (2.000-mile, D-Shaped Oval)</li>
 	<li>Nashville Superspeedway (1.333-mile, Tri-Oval)</li>
 	<li>New Hampshire Motor Speedway (1.058-mile, Paperclip Oval)</li>
 	<li>Phoenix Raceway (1.000-mile, Dogleg Oval)</li>
 	<li>Texas Motor Speedway (1.500-mile, Quad-Oval)</li>
 	<li>World Wide Technology Raceway (1.250-mile, Egg-Shaped Oval)</li>
</ul>
On the other hand, Superspeedways ae oval road courses of two miles or longer. Currently, the NASCAR Cup Series has the following Superspeedways:
<ul>
 	<li>Auto Club Speedway (2.000-mile, D-Shaped Oval; Currently not in use)</li>
 	<li>Chicagoland Speedway (1.500-mile, D-Shaped Oval; Currently not in use)</li>
 	<li>Daytona International Speedway (2.500-mile, Tri-Oval)</li>
 	<li>Kentucky Speedway (1.500-mile, D-Shaped Oval)</li>
 	<li>Pocono Raceway (2.500-mile, Triangular Oval)</li>
 	<li>Talladega Superspeedway (2.660-mile, Tri-Oval)</li>
</ul>
The short tracks (less than 1 mile in length) that are part of NASCAR are:
<ul>
 	<li>Bristol Motor Speedway (0.533-mile, Oval)</li>
 	<li>Eldora Speedway (0.500-mile, Oval; Currently not in use)</li>
 	<li>Iowa Speedway (0.875-mile, Oval)</li>
 	<li>Knoxville Raceway (0.500-mile, Oval</li>
 	<li>Los Angeles Memorial Coliseum)</li>
 	<li>Lucas Oil Indianapolis Raceway Park (0.686-mile, Oval)</li>
 	<li>Martinsville Speedway (0.526-mile, Paperclip Oval)</li>
 	<li>Milwaukee Mile Speedway (1.015-mile, Oval)</li>
 	<li>North Wilkesboro Speedway (0.625-mile, Oval)</li>
 	<li>Richmond Raceway (0.750-mile, D-shaped Oval)</li>
</ul>
As for Road Courses, NASCAR makes use of the following race tracks:
<ul>
 	<li>Canadian Tire Motorsport Park (2.459-mile, Currently not in use)</li>
 	<li>Chicago Street Race (2.14 miles)</li>
 	<li>Circuit of the Americas (3.426-mile)</li>
 	<li>DAYTONA Road Course (4.170-mile, Currently not in use)</li>
 	<li>Mid-Ohio Sports Car Course (2.400-mile, Currently not in use)</li>
 	<li>Portland International Raceway (1.967-mile, Currently not in use)</li>
 	<li>Road America(4.048-mile, Currently not in use)</li>
 	<li>Sebring Raceway (3.741 mi, Currently not in use)</li>
 	<li>Sonoma Raceway (1.99-mile)</li>
 	<li>Watkins Glen International (2.45-mile)</li>
</ul>
<h2 style="text-align: center"><strong>NASCAR Cup Series Crown Jewel Races</strong></h2>
While NASCAR has several racetracks that it competes on, there are a couple venues that are held in high regards. Currently there are four such venues/races, namely the Daytona 500 held at the Daytona International Speedway, the Coca-Cola 500 held at the Charlotte Motor Speedway , the Brickyard 400/Verizon 200 at the Indianapolis Motor Speedway and the Southern 500 at the Darlington Raceway.

Till date, Hendrick Motorsports vice chairman and retired NASCAR driver Jeff Gordon has the most number of Crown Jewel race wins (21), followed by Legacy Motor Club team owner Jimmie Johnson (14) and retired NASCAR driver Bobby Allison (13).

[caption id="attachment_1691261" align="alignnone" width="1920"]<img class="wp-image-1691261 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/Jimmie-Johnson-Jeff-Gordon.jpg" alt="Jimmie Johnson and Jeff Gordon" width="1920" height="1280" /> January 20, 2017 - Charlotte, North Carolina, USA - Jimmy Johnson and Jeff Gordon introduce Rick Hendrick at the NASCAR Motorsport USA Hall of Fame Induction Ceremony on Friday, January 20, 2017, in Charlotte, N.C. Rick Hendrick was inducted into the Hall of Fame with Richard Childress, Mark Martin, Raymond Parks, and Benny Parsons. 2017 NASCAR Hall of Fame Induction Ceremony - ZUMAw123 20170120_zap_w123_024[/caption]
<h2 style="text-align: center"><strong>NASCAR Cup Series Cars</strong></h2>
NASCAR is an ever-evolving sport and till date, there have been several iterations of the cars used during races. If we go back to the very inception of the sport, the first kind of vehicle that was used used to be called Generation - 1 (1948-1966), followed by Generation - 2 (1967-1980) and Generation - 3 (1981-1991). Later the Generation - 4 (1992 to 2007) was introduced , and then Generation - 5 (2007 -2012) and Generation - 6 (2013-2021) came into play. And currently, NASCAR features the Generation - 7 car that is also known as the Next-Gen.

Anothe notable model was the Generation - 5. Dubbed as the<em> "Car of Tomorrow"</em>, this model featured flaunted prominent front splitters under the bumpers and larger rear wings. Apart from that, according to NASCAR, the car also had <em>"significant safety advancements and a return to symmetrical bodies". </em>

[caption id="attachment_2651610" align="alignnone" width="3461"]<img class="wp-image-2651610 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2024-02-16T030626Z_974940649_MT1USATODAY22533198_RTRMADP_3_NASCAR-BLUEGREEN-VACATIONS-DUEL-1-AT-DAYTONA.jpg" alt="" width="3461" height="2307" /> Feb 15, 2024; Daytona Beach, Florida, USA; NASCAR Cup Series driver Martin Truex Jr. (19) during the Bluegreen Vacations Duel 1 at Daytona International Speedway. Mandatory Credit: Peter Casey-USA TODAY Sports[/caption]
<h2 style="text-align: center"><strong>NASCAR Cup Series debut at the Street Course</strong></h2>
The NASCAR Cup Series has come a long way since its initial days. The organization has always been open to developments and one of the most exciting ones came in 2023,when the tourney made its Street Course debut at Chicago.

In a bid to turn make the schedule even more exciting, NASCAR officials were reportedly in talks with Chicago authorities for a number of years, with one attempt of a Chicago street race even dating back to the 1980s. However, owing to political pressure, that plan failed to materialize. Now, fast forward to four decades later and authorities were finally geared up to host an exciting, first-of-its-kind race in downtown Chicago.

[caption id="attachment_1911252" align="alignnone" width="1920"]<img class="wp-image-1911252 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2023-07-03T052154Z_1117738559_MT1USATODAY20983749_RTRMADP_3_NASCAR-GRANT-PARK-220.jpg" alt="NASCAR" width="1920" height="1280" /> Jul 2, 2023; Chicago, Illinois, USA; A general view as cars race along Grant Park during the Grant Park 220 of the Chicago Street Race viewed from the NEMA Chicago buliding. Mandatory Credit: Jon Durr-USA TODAY Sports[/caption]

Designed by race simulation video game developer iRacing, the race aimed to showcase the city's major landmarks such as the Buckingham Fountain, the Grant Park and the Soldier Field Stadium, among others.

The first iteration of the race came in July of 2023, with New Zealand born driver Shane van Gisbergen clinching victory in his first-ever NASCAR race. If that's not iconic, what is?

<img class="alignnone wp-image-2804674 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/F0HhwcqXoAI3_zb.jpeg" alt="" width="2048" height="1365" />
<table style="width: 75.2357%;height: 264px">
<tbody>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">Full Name</span></td>
<td style="width: 237.884%;height: 24px">NASCAR Cup Series</td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">Place of Origin</span></td>
<td style="width: 237.884%;height: 24px">Charlotte Fairgrounds Speedway</td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">Year of Origin</span></td>
<td style="width: 237.884%;height: 24px">1949</td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">First Race</span></td>
<td style="width: 237.884%;height: 24px">NASCAR "Strictly Stock" Race, Charlotte Fairgrounds Speedway</td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">Last Race</span></td>
<td style="width: 237.884%;height: 24px">NASCAR Cup Series Spring Race at Martinsville Speedway, 2024</td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">Crown Jewel Race</span></td>
<td style="width: 237.884%;height: 24px"><span style="font-weight: 400">Daytona 500, Coca Cola 600, Brickyard 400/ Verizon 200, Southern 500</span></td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">Drivers with the most Championships</span></td>
<td style="width: 237.884%;height: 24px">Richard Petty (7), Dale Earnhardt (7) and Jimmie Johnson(7)</td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">Team with the most Championships</span></td>
<td style="width: 237.884%;height: 24px">Hendrick Motorsports (14)</td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">First Champion</span></td>
<td style="width: 237.884%;height: 24px">Red Byron</td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">Defending Champion</span></td>
<td style="width: 237.884%;height: 24px">Ryan Blaney (2023)</td>
</tr>
<tr style="height: 24px">
<td style="width: 42.239%;height: 24px"><span style="font-weight: 400">Defending Team</span></td>
<td style="width: 237.884%;height: 24px">Team Penske</td>
</tr>
</tbody>
</table>
&nbsp;

NASCAR Cup Series

Here's everything you need to know about the NASCAR Cup Series, its Origin, Teams, History, Venues, Crown Jewel Races and more!

NASCAR Cup Series: Origin, Teams and More

NASCAR Cup Series Archives

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Earlier this year, it emerged that Chevrolet has made a massive decision regarding its future in automobiles and it could impact NASCAR too

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What Does the Chevrolet Camaro Discontinuation in 2024 Mean for NASCAR? - EssentiallySports

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<h2><b>Chevrolet's net worth in 2023</b></h2>
Chevrolet Motor Company started as a standalone company before it was acquired by General Motors in 1918. Regardless of the acquisition, Chevrolet grew into one of the household names in the automotive industry. It primarily focused on producing and selling a wide range of vehicles, from subcompact automobiles to medium-duty commercial trucks.

Most notably, post the acquisition, Chevrolet has been frequently used as a synonym for General Motors and its products. As per macrotrends.net, General Motors has a net worth of around $45.01 billion as it continues to have a stronghold in the automobile industry.

As per companiesmarketcap.com, GM has total assets of around $275.83 billion. However, it is worth noting that when it comes to NASCAR, Chevrolet seems to have an unbelievable authority.
<h2><b>Who owns Chevrolet and where is the headquarters?</b></h2>
On November 3, 1911, the birth of the Chevrolet Motor Company took place when Louis Chevrolet co-founded the company with his brother Arthur, William Durant, and William Little. Interestingly, Durant was responsible for founding General Motors in 1908. However, he was fired after just two years from his senior management position.

While Durant played a key role in building the Chevrolet Motor Company, the agenda was always to acquire a controlling stake in General Motors. Eventually, he succeeded in doing so with a reverse merger in 1918 and earned back his presidency role at General Motors. Unfortunately for him, he was ousted in 1919 as Alfred Sloan took over.

&nbsp;
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">The 1921 strategy we devised was to take a bite from the top of Ford?s position and in this way build up Chevrolet volume profitably</p>
? Alfred P. Sloan (@AlfredPSloan) <a href="https://twitter.com/AlfredPSloan/status/90752361768824832?ref_src=twsrc%5Etfw">July 12, 2011</a></blockquote>


From there on, Chevrolet became the volume leader at GM as it competed directly with Ford's Model T. Fortunately, there was no looking back for Chevy despite being under the ownership of General Motors. Currently, its headquarters are based out of Detroit, Michigan.
<h2><b>Chevrolet joins the NASCAR family</b></h2>
Since the NASCAR Strictly Stock Division started racing in 1949, Chevrolet has had a presence around the sport. However, it was not until 1955 that Chevy managed to register a victory at NASCAR's highest level. It was Fonty Flock driving a Bel Air at Columbia Speedway in South Carolina who made history then.

It is no secret that the American manufacturer has had its ups and downs in the sport. In fact, there was an 11-year period where no driver managed to win a championship with Chevrolet. At the same time, seven-time champions wiz <a href="https://www.essentiallysports.com/tag/richard-petty/">Richard Petty</a>, <a href="https://www.essentiallysports.com/tag/dale-earnhardt/">Dale Earnhardt Sr</a>, and <a href="https://www.essentiallysports.com/tag/jimmie-johnson/">Jimmie Johnson</a> have at least won the championship once using a Chevy.
<h2><b>Which NASCAR teams drive Chevrolet cars?</b></h2>
Having plenty of experience and expertise in the sport, Chevrolet has managed to grasp a number of teams under its belt. In the <a href="https://www.essentiallysports.com/category/nascar/nascar-cup-series/">NASCAR Cup Series</a>, giants <a href="https://www.essentiallysports.com/category/nascar/hendrick-motorsports/">Hendrick Motorsports</a> have been using the Chevy for the longest of times. Not to forget, HMS owner <a href="https://www.essentiallysports.com/tag/rick-hendrick/">Rick Hendrick</a> also shares a special bond with the American automotive manufacturer.

On the other hand, <a href="https://www.essentiallysports.com/category/nascar/richard-childress-racing/">Richard Childress Racing</a>, <a href="https://www.essentiallysports.com/category/trackhouse-racing-team/">Trackhouse Racing</a> team, JTG Daughtery Racing, <a href="https://www.essentiallysports.com/category/nascar/richard-petty-motorsports/">Legacy Motor Club</a>, <a href="https://www.essentiallysports.com/category/kaulig-racing/">Kaulig Racing</a>, <a href="https://www.essentiallysports.com/category/nascar/spire-motorsports/">Spire Motorsports</a>, and Live Fast Motorsports, all use the Chevy for their Cup Series ambitions. While a number of other teams in the <a href="https://www.essentiallysports.com/category/nascar/nascar-xfinity-series/">Xfinity</a> and <a href="https://www.essentiallysports.com/category/nascar/nascar-truck-series/">Truck Series</a> use the same manufacturer, <a href="https://www.essentiallysports.com/category/jr-motorsports/">JR Motorsports</a> and <a href="https://www.essentiallysports.com/category/kyle-busch-motorsports/">Kyle Busch Motorsports</a> are some of the notable team names.
<h2><b>Chevrolet Drivers in NASCAR</b></h2>
<table width="602">
<tbody>
<tr>
<td><strong>Team</strong></td>
<td><strong>Driver</strong></td>
</tr>
<tr>
<td>Hendrick Motorsports</td>
<td><a href="https://www.essentiallysports.com/tag/kyle-larson">Kyle Larson</a>

<a href="https://www.essentiallysports.com/tag/chase-elliott/">Chase Elliott</a>

<a href="https://www.essentiallysports.com/tag/william-byron/">William Byron</a>

<a href="https://www.essentiallysports.com/tag/alex-bowman/">Alex Bowman</a></td>
</tr>
<tr>
<td>Richard Childress Racing</td>
<td><a href="https://www.essentiallysports.com/tag/kyle-busch/">Kyle Busch</a>

<a href="https://www.essentiallysports.com/tag/austin-dillon/">Austin Dillon</a></td>
</tr>
<tr>
<td>Trackhouse Racing Team</td>
<td><a href="https://www.essentiallysports.com/tag/ross-chastain/">Ross Chastain</a>

<a href="https://www.essentiallysports.com/tag/daniel-suarez/">Daniel Suarez</a></td>
</tr>
<tr>
<td>JTG Daugherty Racing</td>
<td><a href="https://www.essentiallysports.com/tag/ricky-stenhouse-jr/">Ricky Stenhouse Jr</a></td>
</tr>
<tr>
<td>Legacy Motor Club</td>
<td><a href="https://www.essentiallysports.com/tag/erik-jones/">Erik Jones</a></td>
</tr>
<tr>
<td>Kaulig Racing</td>
<td>A J Allmendinger

Justin Haley</td>
</tr>
<tr>
<td>Spire Motorsports</td>
<td><a href="https://www.essentiallysports.com/tag/corey-lajoie/">Corey LaJoie</a>

<a href="https://www.essentiallysports.com/tag/ty-dillon">Ty Dillon</a></td>
</tr>
<tr>
<td>Live Fast Motorsports</td>
<td><a href="https://www.essentiallysports.com/tag/bj-mcleod/">B. J. McLeod</a></td>
</tr>
</tbody>
</table>
<h2><b>Which Chevrolet cars are featured in NASCAR?</b></h2>
With Chevrolet involved with NASCAR for a long time, different stock car variants have blessed the track over the years. Models from the Bel Air, Biscayne, Chevelle Laguna, Lamina, Monte Carlo and Monte Carlo SS, and the Impala and Impala SS. Interestingly, the Lumina ran from 1991 to 1995.

It was Monte Carlo that replaced the Lumina and later on, Impala SS took the place in 2008. However, currently, it's the Chevrolet Camaro that has ruled NASCAR. With the sixth generation Camaro coming off the assembly line in January 2024, it is interesting to see what Chevy comes up next year.

[caption id="attachment_485226" align="aligncenter" width="1920"]<img class="size-full wp-image-485226" src="https://www.staging.essentiallysports.com/wp-content/uploads/GettyImages-81832985.jpg" alt="Dale Earnhardt Jr and Jeff Gordon drive for Hendrick Motorsports in NASCAR Cup Series" width="1920" height="1365" /> DAYTONA BEACH, FL - JULY 05: Dale Earnhardt Jr driver of the #88 National Guard / AMP Chevrolet races with Jeff Gordon Driver of the #24 Dupont Chevrolet during the NASCAR Sprint Cup Series Coke Zero 400 at Daytona International Speedway on July 5, 2008 in Daytona Beach, Florida. (Photo by John Harrelson/Getty Images for NASCAR)[/caption]

Global Chevrolet's Vice President Scott Bell spoke to Forbes earlier in March this year. He said, <em>"As we prepare to say goodbye to the current generation Camaro, it is difficult to overstate our gratitude to every Camaro customer, Camaro assembly line employee and race fan. While we are not announcing an immediate successor today, rest assured, this is not the end of Camaro?s story."</em>

The Camaro ZL1 debuted in the NASCAR Cup Series in 2018, after which the sixth generation Camaro ZL1 1LE took its place in 2020. With electrification becoming the norm in the automotive industry, it is certainly exciting to see what Chevrolet brings to the table.
<h2><b>Who owns the teams that use Chevrolet cars in NASCAR?</b></h2>
Among the teams using Chevrolet in NASCAR, there are some big names involved. With Hendrick Motorsports owner Rick Hendrick formerly the youngest Chevy dealer in the United States in 1976, his relationship with the automobile company runs deep. Along with him, former race car driver and one of the wealthiest men in North Carolina, <a href="https://www.essentiallysports.com/tag/richard-childress/">Richard Childress</a>, is also associated with the Michigan-based company.

Missouri-born Justin Marks and Grammy Award winner Pitbull owns the Trackhouse Racing team in the Cup Series. Amazingly, the big names don't end there. NBA All-Star center Brad Daughtery along with former advertising executive Tad Geschickter and wife Jodi own JTG Daughtery Racing.

[caption id="attachment_455696" align="aligncenter" width="1920"]<img class="size-full wp-image-455696" src="https://www.staging.essentiallysports.com/wp-content/uploads/GettyImages-949798784.jpg" alt="Hendrick Motorsports owner Rick Hendrick" width="1920" height="1305" /> RICHMOND, VA - APRIL 21: Team owner Rick Hendrick stands on the grid prior to the Monster Energy NASCAR Cup Series Toyota Owners 400 at Richmond Raceway on April 21, 2018 in Richmond, Virginia. (Photo by Sarah Crabill/Getty Images)[/caption]

Next up, it's the seven-time Cup Series champion Jimmie Johnson and Maury Gallagher-owned Legacy Motor Club. Most notably, legendary Cup Series driver Richard Petty remains the team ambassador. While Matt Kaulig owns Kaulig Racing, Jeff Dickerson and T.J. Puchyr remain the proud owners of Spire Motorsports. Interestingly, three Cup Series drivers wiz B. J. McLeod, Matt Tifft, and Joe Falk combine to own Live Fast Motorsports.

Clearly, Chevrolet has some top entities involved with them, which probably has helped them immensely in their impressive run in NASCAR.
<h2><b>Which engine manufacturer builds Chevrolet engines for NASCAR?</b></h2>
Chevrolet's approach to building its engines has been a unique one, especially after an alliance in 2020. In October 2020, Hendrick Motorsports and Richard Childress Racing formed an alliance ahead of the 2021 NASCAR Cup Series season. The two organizations joined hands to focus on engine R&amp;D and in the process also formulating a common Chevrolet engine specification.

Amazingly, this saw the Michigan-based company become the only original engine manufacturer in NASCAR to have two organizations building and supplying powertrains. With HMS and RCR producing engines under its ECR Engines banner, the success itself spoke volumes of their efficiency. Both Ford and Toyota have only one supplier as far as their engine building is concerned.
<h2><b>How many wins does Chevrolet have on the NASCAR circuits?</b></h2>
Without a doubt, Chevrolet has been dominant in NASCAR for the longest period. With a legacy spanning over eight decades, the American manufacturer has imposed its authority in the sport and how. Despite 16 different automakers trying out their hand in NASCAR, Chevrolet has stunningly stood out with over 800 victories so far.

As reported by Forbes, until March 26, 2023, Chevrolet had 837 wins in the NASCAR Cup Series. Given their first victory came in 1955, they have not only been consistent but unquestionably, one of the powerhouses in the sport.
<table>
<tbody>
<tr>
<td><span style="font-weight: 400">Name</span></td>
<td>Chevrolet</td>
</tr>
<tr>
<td><span style="font-weight: 400">Popular Name</span></td>
<td>Chevy</td>
</tr>
<tr>
<td><span style="font-weight: 400">CEO</span></td>
<td>Mary Barra</td>
</tr>
<tr>
<td><span style="font-weight: 400">Founded (Year)</span></td>
<td>November 3, 1911</td>
</tr>
<tr>
<td><span style="font-weight: 400">Founders:</span></td>
<td>William C. Durant, Louis, and Arthur Chevrolet</td>
</tr>
<tr>
<td><span style="font-weight: 400">Net worth:</span></td>
<td>General Motors ($45.68 billion)</td>
</tr>
<tr>
<td><span style="font-weight: 400">Number of employees</span></td>
<td>92,162</td>
</tr>
<tr>
<td><span style="font-weight: 400">Chevrolet crew teams in NASCAR</span></td>
<td>Cup Series teams (15), Xfinity teams (26), Truck Series teams (16)</td>
</tr>
<tr>
<td><span style="font-weight: 400">Chevrolet Racing</span></td>
<td><strong>No credible data is available</strong></td>
</tr>
<tr>
<td><span style="font-weight: 400">Chevrolet wins in NASCAR</span></td>
<td>Over 837 wins (as of March 26, 2023)</td>
</tr>
<tr>
<td><span style="font-weight: 400">Website</span></td>
<td><a href="https://www.chevrolet.com/motorsports/nascar">https://www.chevrolet.com/motorsports/nascar</a></td>
</tr>
</tbody>
</table>
&nbsp;

Chevrolet

Chevrolet&#8217;s net worth in 2023 Chevrolet Motor Company started as a standalone company before it was acquired by General Motors in 1918. Regardless of the acquisition, Chevrolet grew into one of the household names in the automotive industry. It primarily focused on producing and selling a wide range of vehicles, from subcompact automobiles to medium-duty commercial trucks. Most notably, post the acquisition, Chevrolet has been frequently used as a synonym for General Motors and its products. As per macrotrends.net, General Motors has a net worth of around $45.01 billion as it continues to have a stronghold in the automobile industry. As per companiesmarketcap.com, GM has total assets of around $275.83 billion. However, it is worth noting that when it comes to NASCAR, Chevrolet seems to have an unbelievable authority. Who owns Chevrolet and where is the headquarters? On November 3, 1911, the birth of the Chevrolet Motor Company took place when Louis Chevrolet co-founded the company with his brother Arthur, William Durant, and William Little. Interestingly, Durant was responsible for founding General Motors in 1908. However, he was fired after just two years from his senior management position. While Durant played a key role in building the Chevrolet Motor Company, the agenda was always to acquire a controlling stake in General Motors. Eventually, he succeeded in doing so with a reverse merger in 1918 and earned back his presidency role at General Motors. Unfortunately for him, he was ousted in 1919 as Alfred Sloan took over. &nbsp; The 1921 strategy we devised was to take a bite from the top of Ford?s position and in this way build up Chevrolet volume profitably ? Alfred P. Sloan (@AlfredPSloan) July 12, 2011 From there on, Chevrolet became the volume leader at GM as it competed directly with Ford&#8217;s Model T. Fortunately, there was no looking back for Chevy despite being under the ownership of General Motors. Currently, its headquarters are based out of Detroit, Michigan. Chevrolet joins the NASCAR family Since the NASCAR Strictly Stock Division started racing in 1949, Chevrolet has had a presence around the sport. However, it was not until 1955 that Chevy managed to register a victory at NASCAR&#8217;s highest level. It was Fonty Flock driving a Bel Air at Columbia Speedway in South Carolina who made history then. It is no secret that the American manufacturer has had its ups and downs in the sport. In fact, there was an 11-year period where no driver managed to win a championship with Chevrolet. At the same time, seven-time champions wiz Richard Petty, Dale Earnhardt Sr, and Jimmie Johnson have at least won the championship once using a Chevy. Which NASCAR teams drive Chevrolet cars? Having plenty of experience and expertise in the sport, Chevrolet has managed to grasp a number of teams under its belt. In the NASCAR Cup Series, giants Hendrick Motorsports have been using the Chevy for the longest of times. Not to forget, HMS owner Rick Hendrick also shares a special bond with the American automotive manufacturer. On the other hand, Richard Childress Racing, Trackhouse Racing team, JTG Daughtery Racing, Legacy Motor Club, Kaulig Racing, Spire Motorsports, and Live Fast Motorsports, all use the Chevy for their Cup Series ambitions. While a number of other teams in the Xfinity and Truck Series use the same manufacturer, JR Motorsports and Kyle Busch Motorsports are some of the notable team names. Chevrolet Drivers in NASCAR  Team Driver  Hendrick Motorsports Kyle Larson Chase Elliott William Byron Alex Bowman  Richard Childress Racing Kyle Busch Austin Dillon  Trackhouse Racing Team Ross Chastain Daniel Suarez  JTG Daugherty Racing Ricky Stenhouse Jr  Legacy Motor Club Erik Jones  Kaulig Racing A J Allmendinger Justin Haley  Spire Motorsports Corey LaJoie Ty Dillon  Live Fast Motorsports B. J. McLeod  Which Chevrolet cars are featured in NASCAR? With Chevrolet involved with NASCAR for a long time, different stock car variants have blessed the track over the years. Models from the Bel Air, Biscayne, Chevelle Laguna, Lamina, Monte Carlo and Monte Carlo SS, and the Impala and Impala SS. Interestingly, the Lumina ran from 1991 to 1995. It was Monte Carlo that replaced the Lumina and later on, Impala SS took the place in 2008. However, currently, it&#8217;s the Chevrolet Camaro that has ruled NASCAR. With the sixth generation Camaro coming off the assembly line in January 2024, it is interesting to see what Chevy comes up next year. DAYTONA BEACH, FL &#8211; JULY 05: Dale Earnhardt Jr driver of the #88 National Guard / AMP Chevrolet races with Jeff Gordon Driver of the #24 Dupont Chevrolet during the NASCAR Sprint Cup Series Coke Zero 400 at Daytona International Speedway on July 5, 2008 in Daytona Beach, Florida. (Photo by John Harrelson/Getty Images for NASCAR) Global Chevrolet&#8217;s Vice President Scott Bell spoke to Forbes earlier in March this year. He said, &#8220;As we prepare to say goodbye to the current generation Camaro, it is difficult to overstate our gratitude to every Camaro customer, Camaro assembly line employee and race fan. While we are not announcing an immediate successor today, rest assured, this is not the end of Camaro?s story.&#8221; The Camaro ZL1 debuted in the NASCAR Cup Series in 2018, after which the sixth generation Camaro ZL1 1LE took its place in 2020. With electrification becoming the norm in the automotive industry, it is certainly exciting to see what Chevrolet brings to the table. Who owns the teams that use Chevrolet cars in NASCAR? Among the teams using Chevrolet in NASCAR, there are some big names involved. With Hendrick Motorsports owner Rick Hendrick formerly the youngest Chevy dealer in the United States in 1976, his relationship with the automobile company runs deep. Along with him, former race car driver and one of the wealthiest men in North Carolina, Richard Childress, is also associated with the Michigan-based company. Missouri-born Justin Marks and Grammy Award winner Pitbull owns the Trackhouse Racing team in the Cup Series. Amazingly, the big names don&#8217;t end there. NBA All-Star center Brad Daughtery along with former advertising executive Tad Geschickter and wife Jodi own JTG Daughtery Racing. RICHMOND, VA &#8211; APRIL 21: Team owner Rick Hendrick stands on the grid prior to the Monster Energy NASCAR Cup Series Toyota Owners 400 at Richmond Raceway on April 21, 2018 in Richmond, Virginia. (Photo by Sarah Crabill/Getty Images) Next up, it&#8217;s the seven-time Cup Series champion Jimmie Johnson and Maury Gallagher-owned Legacy Motor Club. Most notably, legendary Cup Series driver Richard Petty remains the team ambassador. While Matt Kaulig owns Kaulig Racing, Jeff Dickerson and T.J. Puchyr remain the proud owners of Spire Motorsports. Interestingly, three Cup Series drivers wiz B. J. McLeod, Matt Tifft, and Joe Falk combine to own Live Fast Motorsports. Clearly, Chevrolet has some top entities involved with them, which probably has helped them immensely in their impressive run in NASCAR. Which engine manufacturer builds Chevrolet engines for NASCAR? Chevrolet&#8217;s approach to building its engines has been a unique one, especially after an alliance in 2020. In October 2020, Hendrick Motorsports and Richard Childress Racing formed an alliance ahead of the 2021 NASCAR Cup Series season. The two organizations joined hands to focus on engine R&amp;D and in the process also formulating a common Chevrolet engine specification. Amazingly, this saw the Michigan-based company become the only original engine manufacturer in NASCAR to have two organizations building and supplying powertrains. With HMS and RCR producing engines under its ECR Engines banner, the success itself spoke volumes of their efficiency. Both Ford and Toyota have only one supplier as far as their engine building is concerned. How many wins does Chevrolet have on the NASCAR circuits? Without a doubt, Chevrolet has been dominant in NASCAR for the longest period. With a legacy spanning over eight decades, the American manufacturer has imposed its authority in the sport and how. Despite 16 different automakers trying out their hand in NASCAR, Chevrolet has stunningly stood out with over 800 victories so far. As reported by Forbes, until March 26, 2023, Chevrolet had 837 wins in the NASCAR Cup Series. Given their first victory came in 1955, they have not only been consistent but unquestionably, one of the powerhouses in the sport.  Name Chevrolet  Popular Name Chevy  CEO Mary Barra  Founded (Year) November 3, 1911  Founders: William C. Durant, Louis, and Arthur Chevrolet  Net worth: General Motors ($45.68 billion)  Number of employees 92,162  Chevrolet crew teams in NASCAR Cup Series teams (15), Xfinity teams (26), Truck Series teams (16)  Chevrolet Racing No credible data is available  Chevrolet wins in NASCAR Over 837 wins (as of March 26, 2023)  Website https://www.chevrolet.com/motorsports/nascar  &nbsp;

What Does the Chevrolet Camaro Discontinuation in 2024 Mean for NASCAR?

What does the future hold for Chevrolet?