Brightline, the only privately owned and operated intercity passenger rail service in the United States, is owned by Brightline Holdings LLC. This entity is a subsidiary of Florida East Coast Industries (FECI), which in turn is managed and owned by investment funds managed by affiliates of Fortress Investment Group LLC. In early 2026, Brightline continues to operate its high-speed service between Miami and Orlando, while its sister project, Brightline West, works on a multi-billion dollar rail line connecting Southern California and Las Vegas. The leadership recently saw a significant change in January 2026 with the appointment of Nicolas Petrovic as CEO of Brightline Holdings. Despite its private ownership, the company has utilized various funding methods, including private equity and municipal bonds, to establish its foothold as a "national champion" for modern rail infrastructure in Florida and beyond.