Johnson’s Horsepowered Garage visit

[steve]

Taking a trip south soon. Anyone been to JHG? Do you recommend stopping to check it out?

 

[steve]

The reason for my post is go ahead and take a look at their website. No cars available. Some engines, only. Some merchandise. How in the world does this business generate enough revenue to sponsor race teams. Feels a lot like Evan Knoll and Torco all over again. Am I wrong?

 

[LoPony]

I have the exact same question. I looked at their website over a year ago and I was very confused.

 

[Butch]

The reason for my post is go ahead and take a look at their website. No cars available. Some engines, only. Some merchandise. How in the world does this business generate enough revenue to sponsor race teams. Feels a lot like Evan Knoll and Torco all over again. Am I wrong?

Ok I'll start the fire. It's really a Facade for their true engine builder, Warren Johnson

 

[twostep]

I suppose that even if they're a phantom organization, as long as their checks cash Tony Stewart will put JHG on the side of Matt Hagen's Dodge.

 

[you]

I suppose that even if they're a phantom organization, as long as their checks cash Tony Stewart will put JHG on the side of Matt Hagen's Dodge.

That’s what you call getting “Knoll’d.”

 

[Nunz]

I believe the Johnsons of JHG are part of the Copart business. Somebody could check that out, but I remember reading that awhile back.

 

[Butch]

I believe the Johnsons of JHG are part of the Copart business. Somebody could check that out, but I remember reading that awhile back.

Here you go.

As a side note He's #8 on this list.

Richest billionaires in Tennessee - ClarksvilleNow.com

Stacker compiled a list of richest billionaires in Tennessee using data from Forbes.

clarksvillenow.com

Willis J. Johnson (born 1947) is an American billionaire businessman.[1] He is the founder and former chief executive of Copart, a vehicle salvage and auction company, founded in 1982.[2][3]

Biography​

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This section needs expansion. You can help by adding to it. (July 2021)

[td]


[/td]​

Born in 1947, Johnson grew up on a dairy farm in the vicinity of Siloam Springs, Arkansas.[4] He received his early education from a high school in California.[1] Johnson then joined the Army and served a year-long tour in Vietnam which earned him a Purple Heart. In 1972, he bought his own junkyard in Sacramento, California,[4] and moved his family into a trailer to fund his purchase.[1] He took Copart public in 1994.[4] He launched an online bidding platform for wrecked cars in 1998[1] (or 2002[4]).
Willis Johnson retired from his position of CEO of Copart in 2010 and moved to Nashville, Tennessee.[4]

 

[LoPony]

Here you go.

Willis J. Johnson (born 1947) is an American billionaire businessman.[1] He is the founder and former chief executive of Copart, a vehicle salvage and auction company, founded in 1982.[2][3]

Biography​

[edit]

This section needs expansion. You can help by adding to it. (July 2021)

[td]


[/td]​

Born in 1947, Johnson grew up on a dairy farm in the vicinity of Siloam Springs, Arkansas.[4] He received his early education from a high school in California.[1] Johnson then joined the Army and served a year-long tour in Vietnam which earned him a Purple Heart. In 1972, he bought his own junkyard in Sacramento, California,[4] and moved his family into a trailer to fund his purchase.[1] He took Copart public in 1994.[4] He launched an online bidding platform for wrecked cars in 1998[1] (or 2002[4]).
Willis Johnson retired from his position of CEO of Copart in 2010 and moved to Nashville, Tennessee.[4]

Thank you, very informative. Never made the connection.

 

[Butch]

So now we know how Bernstein landed CoPart.
The owner was a GEAR HEAD.

 

[z28]

So now we know how Bernstein landed CoPart.
The owner was a GEAR HEAD.

probably lost them when he sold out

 

[Custom Body Fan]

Thank you, very informative. Never made the connection.

So Jason Johnson is his son?

 

[mick]

sobering to think about, but the potential profits copart will generate just from the bandimere speedway land, once they are up and running there,
could be enough to continue their nhra sponsorships, if the family chooses to remain involved in the sport.

 

[Nunz]

So now we know how Bernstein landed CoPart.
The owner was a GEAR HEAD.

Many deals happen when the decision maker is a gearhead or loves racing, sometimes it's as simple as that. The flipside is, some long running deals end when a new decision maker steps in who has different interests.