McCombs Enterprises serves as his family office and headquarters for all business activities. Red McCombs is the founder of Red McCombs Automotive, former owner of the San Antonio Spurs, Denver Nuggets, and Minnesota Vikings, founder of Clear Channel Communications, and namesake of the McCombs School of Business at The University of Texas at Austin. He has owned more than 400 businesses in his illustrious career, and continues to grow that number today.