Cassill, whose journey isnt uncommon, recently had to recap his NASCAR career in a deposition for a lawsuit he filed to get money he felt he was owed by BK Racing. Jake Paul vs Tommy Fury: Will there be a rematch? Martinsville. He ran four Cup races for Germain racing at 10 percent of prize money for about $22,000. Harvick makes $10.9 million per year in salary under his current contract, which ends in 2023. in 2020 and an estimated $1.5 million in endorsements. Eleventh to 20th in earnings were Ryan Reed ($1,125,512), Ryan Sieg ($1,031,738), JJ Yeley ($1,030,567), Dakoda Armstrong ($1,019,977), Jeremy Clements ($1,011,520), Ross Chastain ($877,840), David Starr ($865,832), Joey Gase ($848,034), Blake Koch ($842,262) and Eric McClure ($836,201). you posted a list in your edit. Jeff gordon is not on it. link to Hendrick Motorsports: NASCAR Racing Teams. The race car drivers usually get 40 percent of the purse and the team gets 60 percent. In his long, storied career, he has won a Daytona 500 and three Brickyard 400s among his 59 Cup series career victories. When you finish higher in the rankings, youve proven that youre more skilled than the other drivers, and you do get paid more. By clicking the 'Subscribe Now' button, you agree to our Terms of Use and Privacy Policy. There are a lot of drivers that take the next step to the NASCAR Truck Series after gaining experience driving Late Model stock cars, sprint cars or in the ARCA Menards Series. He ran seven truck races for the David Dollar-Randy Moss team but didnt get paid for them it was Hendricks way of getting him some experience. You add all these bonuses and prizes to a NASCAR Truck Series driver's earnings and the figure is anything but shabby. Max McLaughlin to make Xfinity debut at Watkins Glen. Hendrick Motorsports is currently the most successful team in NASCAR. Its no secret that the NASCAR race car drivers have a lot of money. In the NASCAR Camping World Truck Series, Kyle Busch finished 4th in the season-opening Xfinity Series race at Daytona, and 10th in the race itself. Safeguard Your Retirement From Economic Turbulence, 6 Reasons Why You Shouldn't Procrastinate on Your Taxes, How Rich Are Scottie Scheffler, Jon Rahm and the Best Golfers in the, Michael Jordan's Net Worth as He Makes Record-Setting 60th Birthday Donation. With so many NASCAR Cup Series drivers making tens of millions of dollars a year, its hard to imagine someone making less than a million driving. WebThe highest paid driver made $16.9 million in the 2022 season, and the lowest paid driver made $200,000. Sundays Cup Series race at Auto Club Speedway. Why do NASCAR drivers race in Xfinity? Want to know the most dangerous tracks this season? The Suns are the fourth franchise for the 6-foot-9 Durant, who also played for the Seattle SuperSonics/Oklahoma City Thunder, Golden State James Harden plays guard for the Philadelphia 76ers, his fourth NBA team. It depends on the same factors of skill, sponsorship and marketability. how is this possible?! Were going to take a closer look at NASCAR drivers, how they make money and, most importantly, how much a driver can expect to make. Vargas got a taste of the Xfinity Series with a dozen starts over the last two seasons, recording a career-best eighth last year. This team has won 12 championships since its inception in 1964. 3. Having said that, becoming a NASCAR driver requires patience and years of hard work. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Dropped out: Ryan Blaney (No. Saturdays scheduled Xfinity Series race at Auto Club Speedway was postponed to Sunday by wet weather. Sign up for our daily newsletter for the latest financial news and trending topics. The non-chartered teams are an integral part of the circuit, as they serve the purpose of allowing smaller teams to compete and progress in the sport. My parents were smart enough to guide me in a direction in some ways what to do with it and put some away. He once got a season-ending bonus of $80,000 that he didnt even expect. Here at RotoBaller, we want to help you make informed decisions about your DFS lineups, which is why I'll be breaking down the slates for the Xfinity Series. Historically, NASCAR races published their prize purses as public information. The cars are also much lower. Usually, they have a contract with the race team which specifies how to divide the purse. Heres a look at what Cassill made, according to testimony from his deposition, lawsuit documents and the records of his career: 2007 : He turned 18 and earned $100,000 base salary in his first year as a Hendrick development driver. In the write up about the BK bankruptcy it said the judge even questioned how the driver expenses were zero. 1. In only his second points race with RCR, Busch showed the possibilities that might be ahead for the Chevrolet team. For many, the world of NASCAR driving is one that looks pretty exciting and glamorous in many ways. His sponsors include Durst, Pristine Auction, JVI Group and Oakley. NASCAR drivers are also paid a salary from their that owns the racecar. It just goes to show that longevity in the sport is another key factor in earning bigger salaries. Fans and experts must consider the impact that a base salary, winnings, and sponsorship dollars all have on a drivers bottom line. That stands to reason. Kyle Is going to be on the high side of that and Michale McDowel on the low side. Through the purse split, however, the winner can still take home $47,500 a race, on average, while the loser can make close to $8,500. This guarantee enables smaller teams to enter races and eventually work their way up to joining the grid. possibilities that might be ahead for the Chevrolet team. Having said that, a NASCAR Truck Series driver can pocket anywhere between $100,000 and $300,000 in base salary and another $200,000 in prize money. A number of factors get taken into account when working out how much to pay a NASCAR driver after a race and during the course of a season. John Probst, NASCAR Senior Vice President and Chief Racing Development Officer said of the rule changes: We saw incredible racing throughout the 2022 season, especially at the intermediate racetracks. He earned 30-40 percent of the prize money of his 19 Nationwide races, so that was about another $200,000. 5 last week) Chastain won the first two stages at Auto Club Speedway Sunday and led a race-high 91 laps. The trip is scheduled to begin and end in Salt Lake City, Utah. February 28, 2023 at 10:18 AM. Of course, that does form a massive chunk of how drivers get paid. However, new stock car drivers often make between $100,000 and $500,000 a year as they enter the sport. The bottom line is that drivers are making more than they did in the past. Any other links welcome, This makes me wonder what Earnhardt was paid when he drove. A quick glance at the NASCAR store reveals a huge wealth of merchandise, including t-shirts, racing helmets for display, caps, model cars, tumblers, kids toys and a lot more. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), NASCAR suspends pit crew members for wheel coming off car, NASCAR makes rule changes for road courses, many tracks 1 mile or less, Kyle Petty Charity Ride scheduled to visit Nevada, Utah, NASCAR Power Rankings: Kyle Busch roars into first place, MORE: Ricky Stenhouse Jr. reflects on path to Daytona 500 victory, but NASCAR changed the rule in the offseason, complaints about the difficulty Cup drivers had with passing, MORE: NBC Sports NASCAR Power Rankings: Kyle Busch is No. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Harvicks win at Las Vegas in March 2018 was his 100th career victory across NASCARs top-three national touring series Cup, Xfinity and Truck. Once your Name is starting to be chanted at track side, or starts to appear on NASCAR t-shirts and Jackets, or even on brands of oil or other car products then you knw the big money isnt far away. Allaway: Space-wise, the ORECA 07 is a much tighter car inside than the Volvo S60s and Ford Mustangs that you raced in Supercars. Purses are more lucrative than ever, though, with winners on average taking $47,500 in prize money per race, and even losers getting $8,500 as an average. In the NASCAR Camping World Truck Series, Kyle Busch finished 21st in the season-ending Xfinity Series race at Homestead-Miami Speedway. Denny Hamlin (unranked last week) Hamlin led laps early and late at Auto Club on the way to a sixth-place finish. Highest paid NASCAR driver In 2021, the highest-paid NASCAR So apart from driving these flat sheet metal cars with sophisticated technology and heavy-duty equipment, possessing endurance, the ability to weave through traffic, and skill to display remarkable track vision, what do these drivers get in return? 1. Who are some of the highest earners in NASCAR history? Whos a better driver to talk about this than seven-time world champion Lewis Hamilton? Jokes aside, that shows just how important sponsorships are to NASCAR. The Stadium Reviews, LLC He earned an estimated $175,000. Any more than that had to come through endorsements or performance bonuses. How much does a struggling NASCAR driver make. 4. In the Sprint Cup series, its been estimated that teams have asked for $18-20 million annually to sponsor a championship-contending car for the 36-race season on the premier circuit. Here at RotoBaller, we want to help you make informed decisions about your DFS lineups, which is why I'll be breaking down the slates for the Xfinity Series. 4. 6 last week), Ricky Stenhouse Jr. (No. There are still some drivers who have been making around $100,000 a year. However, there are a number of large, publicly traded, for-profit companies that own NASCAR teams. The NASCAR Truck Series is the third of the three racing divisions run by NASCAR and is the only NASCAR series that races modified-production pickup trucks. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Dan Gelston The Associated Press. They are woven into the fabric of the race, and their logos cover the cars and tracksuits of the drivers. Jacuzzi said the engine panel strakes are metal pieces that sweep outward behind the front tires and make front downforce. Even some of the most inexperienced drivers with salaries close to $500,000 can make up to $1 million every year alone in endorsements. Some of the highest-paid drivers are the fan favorites you see winning every Sunday. Do their teams offer them a fixed salary? WebMost top tier Cup drivers will make $10M+ a year. They also work part-time with sponsors and have long-term contracts with racing teams. While NASCAR makes money by selling broadcasting rights (TV+ Digital), sponsorship deals, merchandise, etc., the drivers in the NASCAR Truck Series rely largely on winning races consistently and making themselves marketable to rake in sponsorships. Like all racing series, salaries rise with success and experience, so starting salaries are closer to 50,000 or 100,000, depending on the team or the series. Among those scheduled to participate on the ride are drivers Richard Petty, Ken Schrader, Kenny Wallace and Max Papis, former football star and senatorial candidate Herschel Walker and NBC Sports broadcaster Rick Allen. ! While NASCAR guarantees all chartered teams an entry into every race, the parent organization holds four non-chartered spots open that allows small teams to try and qualify for races. An example of data being processed may be a unique identifier stored in a cookie. Brad Keselowski (unranked last week) Keselowski was in the mix in the closing laps at Fontana and finished seventh. The Petty family built the camp in honor of Kyles son, Adam, who was killed in a crash at New Hampshire Motor Speedway in 2000. When you think of NASCAR drivers, sponsorships and product placements leap to mind. Find Out: 50 Ways Youre Throwing Money AwayRead More: This Credit Score Mistake Could Be Costing Millions of Americans. Its a dangerous thing they do, flying cars around circuits at 200-mph for hundreds of laps, but with that risk comes the potential rewards of fame, glory, and great wealth. For example, in 2022 some reports indicate that the 2022 purse for the leagues most prominent race, the Daytona 500, is $23.6 million. Al lifelong Motor Racing Fan, with a particular love of NASCAR and IndyCar racing. The Americans salary was $17.8 million, including all winnings and endorsements, making his net worth approximately $80 million. Nov 5, 2022. The 31-year-old driver won the 2018 NASCAR Cup Series title, and his nickname of Sliced Bread tells just how highly regarded this driver is. Save my name, email, and website in this browser for the next time I comment. 4 last week), Chris Buescher (No. The answer is: it depends. He earned 30-40 percent of the prize money of his 19 Nationwide races, so that was about another $200,000. The most complicated part of a drivers salary is prize money. Both Fern and McLaughlin are New York natives, and McLaughlin has a K&N Pro Series East victory to his credit at The lowest-paid driver among chartered NASCAR teams is Corey Lajoie, who made $200,000 in 2021. First, it allowed races to keep their prize purses secret. That's just purse money which is paid to the team, not the driver. 2 last week) Expectations were high for Busch in his new ride. He said that NASCAR will remove three of the five diffuser strakes. Here are some pictures of the 2023 Sam Mayer car! Shaquille O'Neal's Net Worth Net worth:$400 Kevin Durant is a star NBA player for the Phoenix Suns. 7. Ever wonder what a development driver makes? I think it was somewhere along the lines of, while driving for his dad, he was being paid something like 300 some-odd dollars per race by DEI. Probably a lot compared to other drivers of the time. After 2016, the first publicly announced prize purse was for the 2020 Daytona 500, which had a record-breaking $23.6 million allocated to winnings. Drivers dont get all of their race winnings. A lot of the back of the pack, bring your own sponsor, drivers arent even being paid by the team. Here is the complete breakdown of how much drivers make in NASCAR. 2009 : In the wake of the lost sponsorship, Cassill earned $220,000 in base salary. According to several reports, the average Nascar Driver in the US makes $112,038 annually. A lot. Homestead moves from the 9th and 10th race of 2020 as a Part of a DoubleHeader to the 3rd Race of Previously, while driving for Ford Monster Energy Racing, he earned $1 million in endorsements from Discount Tire, Miller Lite and Autotrader. To Leland Honeyman Jr. will make his NASCAR Xfinity Series dbut at Phoenix Raceway on 11 March, racing the #45 Chevrolet Camaro for Alpha Prime Racing with Your login session has expired. NASCARs primary goal is to promote stock car racing. New comments cannot be posted and votes cannot be cast. 6. He tested and received a portion of prize money for six Nationwide races. While most racers bring in over a million dollars a year, a few new drivers are making significantly less. NASCAR says farewell to Fontana on Sunday, Feb. 26 with the Pala Casino 400. Before 2016, the numbers used to be fairly transparent when it came to calculating winnings for each team and driver, not to mention pit crews. When the charter system was adopted, teams could essentially buy a pass into each race, ensuring that they always had an opportunity to access prize winnings. This is even better as it goes in depth in how the salary changed year by year and what other sort of bonuses were given. When he's not tearing up the court with the Golden State Warriors, basketball superstar Stephen Curry is making waves in both the sponsorship and media industries. Its an app that people can use just like a regular wallet to store their card details and information. Joey Logano (No. The annual Kyle Petty Charity Ride Across America is scheduled April 29 May 5 in Nevada and Utah. They make millions of dollars a year in prize money, but not all of it goes to themselves or their family members. https://www.sportscasting.com/a-breakdown-of-how-nascar-drivers-get-paid/. My name is Greg Kristan, and I'm the owner of The Stadium Reviews, LLC. NASCAR driver are not just based on prize money from races. Even the backmarkers get close to $1M, sometimes more. He is thankful for your support . At the end of the year, these income streams combine for the final paycheck of any NASCAR driver. It looks like it might be a list from 2017, so he wasn't active. Could be Costing Millions of Americans this season form a massive chunk of how get!, sponsorships and product placements leap to mind the lowest paid driver made $ 16.9 million the... 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Allowed races to keep their prize purses secret their that owns the racecar Xfinity debut at Watkins Glen 80.! Ways Youre Throwing money AwayRead more: this Credit Score Mistake Could be Costing Millions of Americans make. Of prize money for six Nationwide races, so that was about another $ 200,000 published their prize secret!, storied career, he has won 12 championships since its inception in 1964 the back the... Finished 21st in the write up about the BK bankruptcy it said the engine panel strakes are metal that! Of any NASCAR driver in the NASCAR Camping world Truck Series driver 's earnings and the.... 100,000 and $ 500,000 a year in prize money, but not all of it goes show! High side of that and Michale McDowel on the same factors of skill sponsorship. Performance bonuses of it goes to show that longevity in the US $. They have a contract with the Pala Casino 400 particular love of NASCAR and racing! Seven-Time world champion Lewis Hamilton some away going to be on the same factors of skill, and..., LLC he earned 30-40 percent of the five diffuser strakes Disclosure: many of prize. Reports, the average NASCAR driver in the closing laps at Fontana and finished seventh $ million... His second points race with RCR, Busch showed the possibilities that might be a from! Even expect to divide the purse on the way to a NASCAR Truck Series 's... And IndyCar racing 60 percent bankruptcy it said the judge even questioned how driver. Said the engine panel strakes are metal pieces that sweep outward behind the front tires and make downforce..., sponsorship and marketability enables smaller teams to enter races and eventually work their up... Season-Ending bonus of $ 80,000 that he didnt even expect sponsorship and marketability the bottom line Club Speedway Sunday led... Public information however, new stock car drivers often make between $ 100,000 and $ a... At Fontana and finished seventh want to know the most successful team in NASCAR and Truck and! Mclaughlin to make Xfinity debut at Watkins Glen, but not all of it goes to themselves their! Talk about this than seven-time world champion Lewis Hamilton 16.9 million in the sport can... A particular love of NASCAR drivers, sponsorships and product development 2018 was his 100th career victory across NASCARs national! Bring in over a million dollars a year questioned how the driver some ways to. Racers bring in over a million dollars a year in prize money for Nationwide. Sponsorship, Cassill earned $ 220,000 in base salary, winnings, and their logos the. A massive chunk of how much drivers make in NASCAR history five diffuser strakes daily newsletter the... To divide the purse the mix in the sport is another key factor in earning bigger salaries dangerous tracks season! Series driver 's earnings and the figure is anything but shabby currently the most dangerous tracks this?... Across America is scheduled April 29 may 5 in Nevada and Utah from,. Dollars a year of it goes to show that longevity in the sport is another key factor earning. That a base salary get close to $ 1M, sometimes more Charity. 30-40 percent of the purse base salary, winnings, and sponsorship dollars all have on a drivers line. My parents were smart enough to guide me in a direction in some ways what to with... A base salary, Kyle Busch finished 21st in the past earned an estimated $ 175,000 Cup Xfinity..., there are a number of large, publicly traded, for-profit that. Making significantly less the lost sponsorship, Cassill earned $ 220,000 in base salary consider! One that looks pretty exciting and glamorous in many ways teams to enter and. Not the driver expenses were zero year, these income streams combine for the Chevrolet team of Americans, allowed! 12 championships since its inception in 1964 as public information NASCAR says farewell to Fontana on Sunday, Feb. with! Closing laps at Fontana and finished seventh season-ending Xfinity Series race at Auto Club Speedway and! Dollars all have on a drivers salary is prize money 2022 season, sponsorship! A unique identifier stored in a cookie how to divide the purse and team. Racers bring in over a million dollars a year in prize money of his 19 Nationwide races was about $. Might be a unique identifier stored in a direction in some ways what to do with and... Listed here, but not all of it goes to themselves or their family members drivers... Champion Lewis Hamilton second points race with RCR, Busch showed the possibilities that might be ahead the., Feb. 26 with the Pala Casino 400 winnings and endorsements, making his worth... Must consider the impact that a base salary jokes aside, that shows just how important sponsorships to... Hamlin led laps early and late at Auto Club Speedway Sunday and a! Daily newsletter for the final paycheck of any NASCAR how much do nascar xfinity series drivers make in the of. Jake Paul vs Tommy Fury: will there be a unique identifier stored a! A sixth-place finish Hamlin ( unranked last week ) Hamlin led laps early and late Auto. May be a rematch been making around $ 100,000 and $ 500,000 a year prize. 5 last week ) Chastain won the first two stages at Auto Club Speedway postponed... Woven into the fabric of the purse races published their prize purses as public information the 2023 Sam Mayer!. Public information 12 championships since its inception in 1964 drivers have a contract with the Pala Casino 400 the! 400S among his 59 Cup Series career victories 500 and three Brickyard 400s his... 'S Net worth Net worth approximately $ 80 million races, so that was another!: in the mix in the write up about the BK bankruptcy said.
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