Date of Birth: 
About David McDavid
- David McDavid (born February 16, 1942) is an American businessman and investor from Texas.
- McDavid is most known for building the auto empire David McDavid Automotive Group, comprising 17 dealerships across Texas, which he started at the age of 19.
- McDavid sold his dealership empire in 1997 to Asbury Automotive Group for $380 million according to sources.McDavid has also been involved in professional sports teams investments; he was a part of the group (headed by Ross Perot, Jr.) that purchased the NBA’s Dallas Mavericks from original owner Don Carter in 1996 and sold to Mark Cuban in 2000.
- He also negotiated with Turner Broadcasting System in 2003 to buy the Atlanta Hawks and Atlanta Thrashers, but was unsuccessful in purchasing the teams.
- In 2008, a jury ruled that Turner Broadcasting System Inc.
- had breached contract with McDavid awarding him $281 million verdict over the failed deal.
- The trial case is McDavid v.
- Turner Broadcasting System Inc., 2005-cv-101902, Fulton County Superior Court (Atlanta).
- McDavid also has involvement in the horse industry.
- In 2001, McDavid purchased the stallion Hes a Peptospoonful for a reported $1.5 million.
- However, the cutting horse, ranking No.
- 8 sire of the Top Sires in the Equi-Stat Cutting Statistics of 2011, died of an unknown cause in 2012.David McDavid is married to Stacie McDavid.
- They have one child together, Sterling McDavid.
- David also has two sons, David McDavid Jr.
- and Jimmy McDavid, from a previous marriage.
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