Chip Ganassi underwent surgery after the incident on Saturday.
Race team owner Chip Ganassi was injured while riding a bicycle this past weekend.
Ganassi suffered a broken clavicle, but is expected to be present for the NASCAR Sprint Cup regular season finale at Richmond International Raceway, this Saturday night.
The crash occurred on Saturday while he was riding in the Pittsburgh area. He later thanked Dr. Jim Bradley for "putting me back together" and posted an X-ray of his injury on Twitter.
The Duquesne University graduate was formerly part owner of his hometown Pittsburgh Pirates and is a strong supporter of St. Jude Children's Research Hospital, to which his teams have donated over half a million dollars over the years. He mains a corporate office in Pittsburgh and race shops in Concord, N.C, and Indianapolis.
The 57-year-old owns two Sprint Cup teams. Jamie McMurray just needs to start the race at Richmond to secure his first Chase berth while teammate Kyle Larson must win the race in order to punch his ticket for the postseason.
Along with a NASCAR outfit he co-owns with Felix Sabates, Ganassi heads a four-car IndyCar team and recently won the 2015 title with Scott Dixon. His other racing ventures include a Global Rallycross and TUDOR United SportsCar operation.