Bill Elliott makes awesome $4.2 million real estate deal

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He used to be known during his racing days as Awesome Bill from Dawsonville.

But now soon-to-be NASCAR Hall of Fame member Bill Elliott will carry a new nickname of sorts: real estate mogul extraordinaire.

According to the Atlanta Journal-Constitution, Elliott has sold 143 acres of property that he owns in the Atlanta suburb of Cumming for $4.2 million.

Located in growing Forsyth County, Cumming is primarily an upscale community – and upscale homes are what’s planned for Elliott’s massive property. Cumming is about 25 miles south of Dawsonville, Ga., where Elliott grew up.

According to the AJC, SunBelt Atlanta/Cummings I LLC has purchased the property and will build approximately 300 upscale single-family homes on the site, ranging in price from between $350,000 and $500,000.

All told, the overall project – which is slated to break ground this month – will cost approximately $120 million. The purchase from Elliott officially closed last Friday, the newspaper noted.

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Santino Ferrucci will drive No. 14 for AJ Foyt Racing full time in 2023 IndyCar season

Santino Ferrucci AJ Foyt
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Santino Ferrucci will return to full-time racing in the NTT IndyCar Series next season, joining AJ Foyt Racing.

Ferrucci had made eight IndyCar starts with three teams since his last full-time season in 2020 while also racing part time in the NASCAR Xfinity Series this year.

He will drive the storied No. 14 Dallara-Chevrolet for four-time Indy 500 winner A.J. Foyt’s team, which will field the car from its Waller, Texas headquarters.

“It’s incredibly exciting to be back in the INDYCAR Series full time,” Ferrucci said in a team release. “Being a part-time driver over the last two years has been hard for me, personally. I’m a race car driver, and I want to compete. Working with different teams has been exciting, and I’m proud that no matter which car I’ve raced, I’ve always shown speed and consistency. I couldn’t be more excited to join AJ Foyt Racing in the 14 Chevy. I can’t wait to make the best of it.”

Ferrucci, 24, had finished a career-best fourth in IndyCar four times, including the 104th Indy 500 in 2020. He was the 2019 Indy 500 rookie of the year with a sixth.

In nine Xfinity starts since 2021, Ferrucci has a career-best finish of 13th at Las Vegas Motor Speedway.

“I am thrilled to welcome Santino to the team,” Larry Foyt said in a release. “He’s shown a knack for getting toward the front of the field, and I think he is a racer who moves forward on race day. A.J. sees the fire in him and has enjoyed their meetings together. I think Santino’s experience will help his rookie teammate as well, so he is a great addition to our roster.”

Ferrucci will be teamed at AJ Foyt Racing with Benjamin Pedersen, who finished fifth in the 2022 Indy Lights standings. The team has yet to specify the number for Pedersen’s entry, which will be fielded out of its Indianapolis race shop.

Foyt’s two full-time drivers last season were Dalton Kellett and Kyle Kirkwood, who is moving to Andretti Autosport.