Hendrick Motorsports Announces Massive $14.9 Million Expansion in Concord

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One of NASCAR’s most legendary teams, Hendrick Motorsports, just announced a massive new $14.9 million expansion to their Concord complex.

According to a press release from the company, the expansion will include building a new 155,000 sqft facility and adding at least 50 new advanced manufacturing jobs over the next 3 years. The city of Concord and Cabarrus County will also be providing grants worth $449,540.

“We’re proud to call Concord home,” Hendrick President Marshall Carlson said. “Over the past several years, Hendrick Motorsports’ commitment to advanced manufacturing has allowed us to diversify our business and retain quality jobs for our teammates. This new facility on our campus will allow us to further expand our manufacturing work and create additional career opportunities for people with specialized skills. We appreciate the warm response to the project and look forward to growing our investment here in Cabarrus County.”

Founded in 1984 by Rick Hendrick, Hendrick Motorsports (HMS) has gone on to become the most successful NASCAR team of the modern era. They have accumulated a total of 14 Cup Series championships, earning their place in NASCAR history. Throughout their long history, the team has included some of the greatest NASCAR legends, such as Jeff Gordon, Jimmie Johnson, and Dale Earnhardt Jr. Currently, the team is led by the young and talented drivers, Chase Elliott and Kyle Larson.

Last year, their best finish was in fourth place, with their star driver Chase Elliott making it to the Championship 4 but an incident between him and Ross Chastain saw him slip down the order. Similarly, Kyle Larson couldn’t make it to the Championship 4. Despite this setback, HMS is confident they will be back on top of the field with the recent improvements they are making in their factory. The 2022 Cup Series season may not have gone the way Rick Hendrick wanted it to, but the future is looking brighter for the team.

What do you think about the expansion? 

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