Avenue Sports Fund Acquires Stake in Trackhouse Racing

Avenue Sports Fund has acquired a significant minority stake in Trackhouse Entertainment Group, the parent company of Trackhouse Racing, competing in NASCAR and MotoGP. The investment aims to enhance competitiveness in motorsports and potentially expand into new racing ventures. Founded by Justin Marks, Trackhouse Racing has seen success in both series with notable drivers and sponsorships, demonstrating significant growth since its inception in 2021. The partnership with Avenue Sports Fund is seen as a strategic move to bolster Trackhouse Racing's presence and performance on and off the track, aligning with a vision of a valuable and diverse global motorsports platform.