The No. 24 team started in 1999 with Gordon-Evernham Motorsports, owned by Jeff Gordon and crew chief Ray Evernham. Gordon and Ricky Hendrick combined to compete in 10 races. In 2000, Rick Hendrick bought out Evernham's share, renaming the team JG Motorsports. Gordon and Ricky Hendrick once again shared the ride, with Hendrick running 15 events. The team also formed an alliance with Cicci-Welliver Racing. Hendrick Motorsports took full control of the team in 2001, with GMAC Financial Services sponsoring the No. 24 team in each of its three races. In 2002, Hendrick moved to the No. 5 Busch Series car and three-time truck series champion Jack Sprague took over the No. 24 full-time.