McCombs twice owned the NBA’s San Antonio Spurs and between those owned the league’s Denver Nuggets and later the Minnesota Vikings of the NFL.
and longtime Texas businessman, Billy Joe “Red” McCombs has died at his home in San Antonio, according to a statement from his family on Monday.“The entire McCombs family is heartbroken to announce that our father, grandfather and great-grandfather, Red McCombs passed away Sunday, Feb. 19, 2023,” according to the statement that called McCombs “a Texas icon.”
McCombs owned more than 400 businesses during his lifetime, according to the McCombs Enterprises website, and the McCombs School of Business at The University of Texas at Austin is named for him. “While Red had a clear passion for sports, it was evident what he loved the most were his children and grandchildren,” the statement said.
The Texas circuit and annual grand prix were pivotal for the global racing series’ efforts to establish and grow a significant presence in the U.S. Formula One will race three times in the country in 2023, in Austin and Miami and the debut of the Las Vegas Grand Prix.
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