Houston billionaire Dan Friedkin, owner and CEO of Gulf States Toyota and the president and CEO of the Friedkin Group, acknowledged in a statement released to FOX 26 Sports that he is interested in buying the Houston Rockets franchise.

“I’ve expressed interest in exploring the purchase of the Houston Rockets,” Friedkin said in a statement released by his company.

“Les Alexander has done an outstanding job building a high caliber organization with a winning tradition. Over the years we have enjoyed a close partnership with the Rockets and Les through Toyota’s naming rights of the arena.

“As a Rockets fan and Houstonian it would be exciting and a privilege to build on the storied legacy of NBA basketball in this city.”

Friedkin’s Gulf States Toyota has the exclusive rights to deliver Toyota vehicles in Texas, Louisiana, Arkansas, Oklahoma and Mississippi.

Forbes lists Friedkin’s net worth at $3.1 billion.