Edward Robert "Bobby" Ginn III is the Chairman and CEO representing several of the Ginn Family Companies, over 200 family owned companies from developing to the management of these companies, and partner of a merged NASCAR Nextel Cup team Ginn Racing (formerly MB2 Motorsports, which he purchased from MB2 owner Nelson Bowers, Jr. in 2006).
The Ginn Family of Companies have designed and built many resorts and communities in Florida, South Carolina, North Carolina, Vermont, Colorado, Bahamas and Saint Thomas. When the real estate market collapsed during the Global financial crisis, he faced lawsuits from disgruntled lot and condominium purchasers who alleged that he used deceptive and misleading trade practices.Bobby Ginn has stated he will "vigorously defend against these false allegations". Property owners at his former Ginn Sur Mer resort development in the Bahama's are suing Ginn's lender Credit Suisse as part of a multibillion-dollar lawsuit led by the bankrupt luxury Yellowstone Club founder Tim Blixseth and his son Beau Blixseth. The owners claim the resort failed because of a "loan to own" scheme between the bank and Ginn that was replicated at other luxury resorts in the United States.
Ginn Racing, formed by Thomas Ginn, merged with Dale Earnhardt, Inc. on July 25, 2007 to form a four-car team that would debut at the Indianapolis Motor Speedway for the Allstate 400 at the Brickyard.
The Ginn Family of Companies have sponsored several professional Ginn Events from Ginn Golf, Ginn Concerts, Ginn Racing through Ginn Sports Entertainment. These events include the Ginn Championship at Hammock Beach Resort, the Ginn Open at Ginn Reunion, Florida Resort and the Ginn sur Mer Classic at the Ginn Conservatory.
- Upstart Ginn Joins Pursuit of Earnhardt
- Eric Staats .
- Tony Tobin .
- Geraldine Fabrikant .
- Jeffrey Todd .
- Associated Press .
|This article about a United States businessperson is a stub. You can help Wikipedia by expanding it.|
|This biographical article related to NASCAR is a stub. You can help Wikipedia by expanding it.|