Tyler Reddick makes NASCAR history at COTA with 3rd straight win to start the season

AUSTIN, Texas (AP) — Tyler Reddick's latest win drove him straight into the NASCAR record books.

Reddick held off hard-charging Shane van Gisbergen over the final 20 laps at the Circuit of the Americas on Sunday to become the first Cup Series driver to win the first three races of the season.

Driving a Toyota co-owned by Michael Jordan, Reddick won the season-opening Daytona 500 and a week later at Atlanta, then won from the pole in the first road course race of the year.

Jordan, the basketball Hall of Famer and six-time NBA champion, was with Reddick’s 23XI pit crew exchanging high fives as Reddick crossed the finish line.

“It’s one race, but it was so important," Reddick said. “It’s so fitting to get three in a row and make history.”

History made for a team and ownership group that has been making a lot of it. They took on NASCAR with a federal antitrust lawsuit. The settlement in December and was considered a major legal victory that secured a permanent franchise-style model and ensured the team would remain in business for the long-term.

They've been unbeatable on the race track ever since.

“I’m proud of the team we put together,” Jordan said. He credited co-owner Denny Hamlin, who also is a driver for Joe Gibbs Racing, with being the “mastermind” behind it's racing success.

“I just put up the money,” Jordan said. “Denny’s done an incredible job building this team.”

Jordan also said he'll be at the next race in Phoenix to see if Reddick can extend the winning streak that has built a commanding 70-point lead in the drivers' championship.

Van Gisbergen, who won five of six road course races in 2025, lost his bid for a record-tying sixth consecutive road win. The only road course race the Trackhouse driver didn't win last season was in Austin.

“Tyler was just amazing,” van Gisbergen said. “You’re always disappointed with second when the expectations are so high.”

Reddick was just too good all weekend in pursuit of history. His 11th career victory was also his second at COTA, a track built for Formula 1, and the first time he's had multiple victories at a track. He won at COTA in 2023.

It was far from easy, even if Reddick looked like he was in complete control. Van Gisbergen was on his bumper for several laps in the final stage, but never found the pace to pass before falling farther and farther behind over the final six laps.

“I was just trying to minimize mistakes, Shane is so good,” Reddick said.

Jordan, so clutch in his playing days, noted Reddick was cool in the driver's seat while under immense pressure.

“You see SVG coming back, you get a little nervous, but I think he had him covered the whole day,” Jordan said.

Trackhouse Cup Series rookie Connor Zilisch came into the weekend with the expectation that he might be the one to end van Gisbergen's dominance on road courses.

But Zilisch's weekend began with a surprisingly poor qualifying position of 25th and got worse Sunday when he got spun on the restart for stage two. Zilisch fought back into contention for the win in the final stage, but his race effectively ended when he was spun again in a restart out of a caution with 16 laps to go. He finished 14th.

Hendrick Motorsports driver Alex Bowman had to get out of his car with about 20 laps to go after complaining about being sick.

He was replaced by Myatt Snider who had been working as a pit spotter for the Fox broadcast. Snider had to scramble to put on his race suit and get in the car.

Brad Keselowski had a reserve driver Joey Hand on hand to take over in case his recently broken leg hurt too much. He didn't need him and was able to finish the race in 20th place.

The RFK Racing driver has been able to race in all three events this season despite breaking his right leg in December. The road course in Austin was a particular concern but of the physical strain through the left and right turns.

The NASCAR Cup Series returns to oval racing Phoenix Raceway on Sunday, March 8. Christopher Bell outdueled Denny Hamlin in Arizona last year to become the first driver to win three races in a row in the NextGen car.

AP auto racing: https://apnews.com/hub/auto-racing

23XI Racing's Tyler Reddick celebrates his win with his team members during a NASCAR Cup Series auto race in Austin, Texas, Sunday, March 1, 2026. (AP Photo/Stephen Spillman)

Team co-owner Michael Jordan celebrates by 23XI Racing's Tyler Reddick during a NASCAR Cup Series auto race in Austin, Texas, Sunday, March 1, 2026. (AP Photo/Stephen Spillman)

23XI Racing's Tyler Reddick, center, celebrates his win during a NASCAR Cup Series auto race in Austin, Texas, Sunday, March 1, 2026. (AP Photo/Stephen Spillman)

23XI Racing's Tyler Reddick, right, celebrates with his son Beau Reddick, left, after winning a NASCAR Cup Series auto race in Austin, Texas, Sunday, March 1, 2026. (AP Photo/Stephen Spillman)

23XI Racing's Tyler Reddick celebrates after winning a NASCAR Cup Series auto race in Austin, Texas, Sunday, March 1, 2026. (AP Photo/Stephen Spillman)

23XI Racing's Tyler Reddick, front right, celebrates with his son Beau Reddick, front left, after winning a NASCAR Cup Series auto race in Austin, Texas, Sunday, March 1, 2026. (AP Photo/Stephen Spillman)

23XI Racing's Tyler Reddick (45) drives through Turn 18 during a NASCAR Cup Series auto race in Austin, Texas, Sunday, March 1, 2026. (AP Photo/Stephen Spillman)

23XI Racing's Tyler Reddick (45) and Team Penske's Ryan Blaney drive through Turn 13 during a NASCAR Cup Series auto race in Austin, Texas, Sunday, March 1, 2026. (AP Photo/Stephen Spillman)

OMAHA, Neb. (AP) — The folksy wisdom and jokes that were a staple of the Berkshire Hathaway annual meeting for decades when Warren Buffett was leading the show will be missing Saturday, but shareholders still started lining up at midnight outside a Nebraska arena to listen to new CEO Greg Abel.

Attendance is down significantly this year with the arena only a little over half full as the meeting started. That’s much different from the past few years when more than 40,000 attended to listen to the 95-year-old Buffett and — before his death in 2023, Buffett’s longtime partner Charlie Munger was always part of the fun. Buffett gave up the CEO title in January, but he remains chairman and will be sitting with the rest of the Berkshire board on the floor to listen at the meeting.

Saturday’s meeting began with a video tribute to Buffett filled with clips from the previous 60 years of annual meetings. The first clip showed the standing ovation Buffett received last year after he surprised shareholders by announcing that he would step down.

Abel then announced the symbolic move of retiring jerseys with Buffett’s and Munger’s names on them that will hang in the rafters of the arena.

Buffett took the microphone briefly to praise Abel and recognize Apple CEO Tim Cook, who attended the meeting. Buffett said Abel has done a tremendous job so far, and Cook helped Berkshire's initial $35 billion investment in Apple grow to be worth $185 billion today. Cook even got a longer round of applause than Buffett did when he was introduced.

“Greg is doing everything I did and then some,” Buffett said, so his decision to step down has worked out great so far.

Abel has been on stage next to the legendary investor at the annual meetings for several years, but this year is his first time running the show. Investors expect the conversation to focus more on how the dozens of companies Berkshire owns are doing. The conglomerate owns major insurers like Geico, several major utilities like Pacificorp, BNSF railroad and an assortment of manufacturers, retail and service businesses.

Signs of the transition are peppered throughout the 200,000-square-foot exhibit hall where shareholders buy products from Berkshire companies. A caricature of Abel playing his favorite sport of hockey is front and center on commemorative boxes of See’s Candy with Buffett and Mrs. See in the background in hockey gear. At the Pilot Travel Center booth pictures of Abel and Buffett are plastered on the windshield of a semitrailer truck, but Abel is in the driver’s seat. And this year Jazwares created a Squishmallow version of Abel to go with the latest versions of Buffett and his longtime partner Charlie Munger as stuffed dolls that shareholders lined up to buy.

“Sadly we miss Warren and Charlie and that show which was fun, but it’s a business meeting for a lot of us and hearing what the businesses are doing is what it’s all about,” investor Chris Bloomstran, who is president of Semper Augustus Investments Group said.

Abel opened the meeting that way with a detailed discussion of how Berkshire's biggest businesses are performing. He gave a granular explanation about the performance of Berkshire’s insurers, its railroad and its utilities. And he emphasized the way Berkshire is using artificial intelligence “to solve problems at our companies.”

But also many people travel to Omaha primarily to meet up with like-minded value investors, who practice the approach that Buffett employed, and attend some of the investment conferences and meetings that are scheduled around Berkshire’s shareholder meeting.

“That’s why I’m really here, really here is to network with other people,” said Bob Robotti, who runs his own investment company. He doesn’t expect surprises from Abel and the other Berkshire executives at the meeting. “They shouldn’t say anything that would be shocking and surprising because they’re consistent with what they do.”

Many investors are watching closely for any changes Abel might make, but there’s not a lot of reason expect anything big. After all, Abel has been with Berkshire for more than 25 years, and he had already been managing all of the conglomerate’s noninsurance businesses for nearly eight years by the time he was promoted.

Abel did make a few administrative changes to establish a team to help support him, but he has promised to maintain Berkshire’s culture that allows the CEOs of all of its businesses to largely run their day-to-day operations while consulting with headquarters on any major investments and sending any extra cash to Omaha.

The CEOs of Dairy Queen, See’s Candy, Jazwares and Brooks Running all said very little has changed since Abel was promoted other than they now report to NetJets CEO Adam Johnson who is overseeing 32 retail and service businesses.

“I think this is a very deeply rooted culture that Warren has created, and I believe the transition to Greg is going to be rooted in those values that Warren has for 60 years instituted and will continue,” Brooks CEO Dan Sheridan said.

For years Buffett always said he was having too much fun running Berkshire to ever retire, but once the shock of his announcement in the final minutes of last years meeting wore off the company’s executives quickly agreed this plan for the transition was better so Buffett can still be around to advise Abel.

“Berkshire is as strong today as it’s ever been and Warren is still part of it,” DQ CEO Troy Bader said as his staff sold Dilly Bars to shareholders. “Warren is still present. So that’s the greatest combination right now, to be able to have that transition in leadership where Greg and Warren can still work together.”

Abel is known to be a more demanding and hands-on boss than Buffett ever was, but he does that by challenging Berkshire’s CEOs to strengthen their competitive advantages while taking care of their customers. Abel asks tough questions and offers advice that his CEOs appreciate, but he doesn’t tell them exactly what to do.

And with Buffett remaining Berkshire’s chairman and its largest shareholder it’s unlikely that Abel will make any drastic changes. So shareholders shouldn’t expect Berkshire to start paying a dividend or that Abel will suddenly split the company up. Instead, Abel will continue building on the foundation Buffett established over 60 years.

Robotti said the performance of Berkshire’s businesses should be much more important to shareholders than the entertainment value of the annual meetings.

“My hope and expectation are they’re picking people who have competency in running a business and not necessarily public speakers and presenters,” Robotti said.

Berkshire said Saturday morning that its profits more than doubled in the first-quarter to $10.1 billion, or $7,027 per Class A share, as the value of its investments grew and most of its businesses improved.

The paper value of Berkshire’s investments always has a major impact on its bottom line, and it did record a $5.8 billion gain on the stocks it did sell. The value of the portfolio did slip to just over $288 billion.

Berkshire’s massive cash pile continues to grow, and it hit $397.4 billion at the end of the first quarter.

Most of Berkshire’s varied businesses reported better operating earnings this year. The insurance unit that includes Geico and a number of other companies reported an underwriting profit of $1.7 billion, up from $1.34 billion last year. Profits also grew somewhat at BNSF railroad and Berkshire’s utility and manufacturing companies.

But Abel acknowledged there is more improvement needed — especially at BNSF.

“We see a lot of opportunity here to continue to get better,” Abel said about the railroad.

Portraits of Berkshire Hathaway's Warren Buffett, left, and CEO Greg Abel sit in a semi truck at the Pilot display in the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholders arrive inside the CHI Health Center Omaha for the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholders enter the CHI Health Center Omaha for the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholder Anna Larsen, 16, left, of Underwood, Iowa, poses for photo with her friend Ainsley Roberts, 17, in the Hello Kitty portion of the Squishmallows display in the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholder Alex Vacca of Milwaukee poses for a photo in a foam hat in the Justin display od the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Author and former Omaha World-Herald reporter Steve Jordan signs copies of his book at the Berkshire Hathaway shareholders event on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

A Berkshire Hathaway shareholder takes a selfie in front of a Pilot truck stops semi truck with pictures of Berkshire's top two executives behind the wheel: new CEO Greg Abel and Chairman Warren Buffett on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Berkshire Hathaway shareholders stand in line to purchase Squishmallows versions of the company's top executives: CEO Greg Abel, Chairman Warren Buffett and former Vice Chairman Charlie Munger on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Berkshire Hathaway shareholders line up to buy products at the Pampered Chef booth behind a cutout of longtime CEO Warren Buffett who stepped down in January on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Shareholders line up to take pictures with depictions of Berkshire Hathaway's new CEO Greg Abel and Chairman Warren Buffett on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)