According to, nascar.com, In a Jan. 17 New York Times report, Ford Racing head Dan Davis called Toyota predators, claiming he had heard (Michael) Waltrip signed (Dale) Jarrett for $20 million, and that another Toyota team, Red Bull, lured engineer John Probst from Ford by doubling or tripling his salary., A lot of them are cracking the six-figure mark for certain teams, and with Toyota swooping in with offers, team salaries are going to keep rising. The primary car is the car that the team feels will be the fastest on race day. The cost of a NASCAR team through the season appears to be in the eight-digit range. The car costs around $2-3 million, and the drivers themselves may demand a salary of this or more. The most an athlete will likely earn for a single race once everyone else is paid, however, is less than a million when taking out the sponsorship money. Logano is signed with Team Penske through 2023. In 2014, NASCARs Vice President, Jim Cassidy, talked about the finances. Kyle Busch. Today, Featherlite manufactures haulers for a large segment of NASCAR teams as well as builds the trailers that serve as NASCAR's at-track offices and meeting spaces for race officials and other personnel throughout the race weekend, among many other functions. What is the highest paying truck driving company? 14. So what gives? Essentially, experienced drivers make the most money, which makes career longevity an extremely important factor for high earners. For that IndyCar driver, across the 16-race 2012 season, he earned. However, an emerging NASCAR driver could easily bag somewhere around $100,000 and $300,000 in base salary and another $200,000 in prize money. He earned $17.5 million in 2018 by Forbes count from his Hendrick Motorsports salary and his cut of winnings and licensing. The 2012 Cup champion invested more than $10 million to launch an advanced contract manufacturing company, Keselowski Advanced Manufacturing, this year. Do NASCAR Drivers Listen To Music During A Race? But with all of the sporting bans on tobacco advertising, you really saw all that money dry up rather quickly. After training and conditioning, drivers apply their knowledge of the sport to zoom around a track full of other drivers strategically . If we look back at the history of NASCAR, according to sportingnews.com, there were 54 races were run by NASCAR in 1969, and the winners were often paid as little as $1,000. Amazingly, a 10-month, 36-race schedule (not counting the All-Star race and Bud Shootout) pales in comparison to what NASCAR drivers ran in years past. Private Fleet. It was good for those of us who drove during those times, but those kinds of salaries are a fantasy today. When it comes to NASCAR jobs, where does all that fuel, er, money go? What are the best states for car hauling? Video of the Day. In the 60s, 70s and 80s auto racing was a low draw with an occasional broadcast on ABC-TVs Wide World of Sports. You can put different drivers in the same car and have different results, mostly due to the driving style. And you dont have to win at the Cup level to draw big bucks; Casey Mears and Brian Vickers, were in high demand (sans a Cup win) when their contracts expired. This can range anywhere from $50,000 at the entry level to over $15 million for established drivers such as Kyle Busch. Also Read- Watch: New NASCAR commercial featuring Jeff Gordon and Clint Bowyer. What does it take to become a professional NASCAR driver? If there's one form of motorsport where the per-event scale exceeds what a LeBron James earns on straight salary, it's F1. At the Cup level, they are under contract to the race team and the team is under contract to their sponsors and those contracts are usually private, so it's whatever the contract stipulates. In the 1964 Grand National Series, now known as the Sprint Cup Series, drivers competed in 62 races that, oddly enough, ran from November 10, 1963 to November 8, 1964. How much does a Race Car Drivers make? In addition to skill and talent, drivers also need to be able to build a marketable persona. He pocketed earning of $17.8 million from his salary, endorsements, share from winning, and licensing. It involves many expenses, all of which cost a large amount of money. THE IMPORTANCE OF THE HAULER The SHR team's haulers are usually on the road for more than 220 days a year, each covering about 70,000 miles annually, crisscrossing the United States under all kinds of driving conditions. How many cars can fit in a NASCAR hauler? So to sum it up: no specific schooling duration is necessary but it still makes sense to use your education to support a fallback plan while you work on improving your driving skills. Access the digital replica of USA TODAY and more than 200 local newspapers with your subscription. His licensed merchandise sales were highest among all drivers in 2018. To an extent, NASCAR drivers have to plow some of their winnings back into their racing teams to pay staff salaries and for upkeep on equipment. Without advertising income, we can't keep making this site awesome for you. Or, if mismanaged, it can become your worst nightmare. Salary range: $35,000-$101,500 per year. (Video) Inside a NASCAR hauler with Aric Almirola | Beyond the 10, (Video) Racing on the Job: NASCAR Team Hauler Drivers, (Video) Return of the Hauler Driver: Stories of NASCAR Returns, Episode 4, (Video) Life On The Road: How BK Racing Haulers Get To And From NASCAR Races. Ultimately though it was the late Ayrton Senna, in his final year of driving for the McLaren team, that set the modern standard for F1 driver income. Unlike NFL salaries, however, NASCAR drivers salaries are closely-guarded secrets. More is known number wise of who's racing in the Nationwide and Sprint Cup Series. Settling The Debate. NASCAR money is handled something like golf money. Their experience within the sport often lends authority to their name and opinions. That alone would be impressive, but there are also race winnings to consider. First, NASCAR drivers are paid a salary by their teams. Crumpled frames and engines are sent to scrapyards like Gordon or Foil's, Inc., in Harrisburg, N.C., where they are flattened, then ripped into hand-size pieces that will be milled back into new steel. The 2015 Cup champion won his 200th race this year combined across Nascar's top three race series. Many announcers for NASCAR got their start within the industry either as drivers, crew chiefs or car designers or in other positions. Be the first one to comment on this story. Winning races can make low-paying rides much more profitable for drivers. How much activity is considered active for a dog? They can also recall seemingly mundane details and statistics at a moment's notice, which is not easy to do. For comparison, five wins and 14 top-5s in 2015 brought just $8,152,877. This is a list of the top earners: Dale Earnhardt: $22 million. Interestingly, one of them is a woman, which we dont tend to see in professional sports. First, NASCAR drivers are paid a salary by their teams. Kyle Busch: $14.7 million. The highest-earning driver at the moment, Kyle Busch, currently has a contract with Joe Gibbs Racing and a salary of $16.9 million. The second $25 million is really for his role as a business owner, not directly for Dale Jr.s work as a race car driver. NEWS: NASCAR issues a deduction of 50 driver and 50 owner points to the No. Car hauling can be a very lucrative career, though jobs can range quite a lot in pay. Kyle Busch became the highest-paid NASCAR driver when he won the 2019 Cup Series. NASCAR drivers don't have deals similar to that of a footballer or a basketball player, so they have to rely predominantly on winning races and making themselves marketable. It gets harder every yeareven for proven winners and past champions. In 2020, George Russel, Lando Norris, Daniil Kvyat and several others have been forced out of the top 15 biggest earners. 2. Patrick is a corporate darling, landing big deals with GoDaddy, Natures Bakery, Aspen Dental, Peak Antifreeze, Coca Cola and others. It comes on the heels of Fox Sports posting a 2% ratings increase compared to 2018 for its first-half race schedule. So, instead of earning $5 for completing a drop-off, you'll make $15. Nascar Driver Salaries Salaries by Driver - Salary & Contract The highest paid Nascar driver is Kyle Busch earning $16,900,000 per year driving for Joe Gibbs racing in the Nascar Sprint Cup Series. He backed it up with a June win at the Michigan International Speedway. Being a middling NASCAR driver can make a team millions if they have the right combination of skill and sponsorship. How much does it cost to own a NASCAR truck team? A moderately successful race car driver in a top series like NASCAR or Formula 1 makes between $100,000 and $1 million per year. NASCAR drivers have to have their wits about them, especially if you consider that theyre racing at speeds of over 200 MPH. How much does a NASCAR truck team cost? 21 You're Too Fast - NASCAR's Power Only Concept. Just in case you need a simple salary calculator, that works out to be approximately $27.16 an hour. Watch: New NASCAR commercial featuring Jeff Gordon and Clint Bowyer. The total is off 36% from a decade ago (46%. And some of that steel can end up back in a race shop. This article will go into detail about how much is costs to advertise with NASCAR and break down a variety of ways in which a company can do so. How Do Drivers Get A NASCAR Racing License? Airport Shuttle Driver. The home improvement chain signed on as primary sponsor of the No. Compare that IndyCar winner's annual pay to what Miami Heat star LeBron James takes home for an 82-game season: $17,545,000. Todays enormous NASCAR drivers salaries are mostly due to television coverage, but it wasnt always so. The gas comes from a central tank to ensure teams don't add additives. If they're part of a winning team, they can get an extra $500 per race. NASCAR is clearly gearing towards younger racers, while older drivers find themselves in the Craftsman Truck Series. After failing to reach Victory Lane in 2018, Hamlin started this year with a bang, capturing his second career Daytona 500 (his first Daytona was in 2016). That box is four pounds and 94 cubic inches (2.7 x 5.2 x 6.7). Second, drivers earn money from race winnings. How much do NASCAR engine builders make? Through all these revenue sources, even the most inexperienced drivers with salaries of around $50,000 have many opportunities to increase their incomes. NASCAR drivers get paid a yearly salary by their teams and also typically receive bonuses for winning or placing high in races.Typically, the more money a team receives for sponsoring a certain car, the more money the driver of that car will be paid in salary. Do NASCAR drivers pay for their own cars? NASCAR drivers dont have the same multi-year deals that football players and basketball players get. Corporate sponsors not only pay for the car, but help cover all of the research and development and maintenance costs associated with a big-budget racing team. There are no LeBrons or Ortizs blowing out the curves. Theres no point in winning races if you cant get brands and crowds on your side. Compare that to the lowest earner, Corie LaJoie, who races for Spire Motorsports and earns a salary of $200,000. How many miles do NASCAR haulers drive? But in addition to the check, the winner also gets this . How long does it take to get 1 million miles as a truck driver? From ongoing sponsorship deals to NASCAR events in 2022, NASCAR drivers have to diversify if they want to attain a high salary. Lewis Hamilton is the race car driver who makes the most money, with estimated yearly earnings of around $40 million.This total includes a $35 million yearly salary, as well an additional $5 million from endorsement contracts. No Charge. 3. Jimmie Johnson. Then there's the bottom tier and teams that ( which spends $4-$9Million+ per year. It took me 15 years to win the first million. How much horsepower does a NASCAR Truck Series truck have? Typically, the company will notify you of a Boost Earnings promotion ahead of time, so read the text messages and emails they send you! Below are the top-earning drivers in 2018. These purses were lucrative, with winners making $47,500 and the losers taking home a cool $8,500 on average. 6. The 2017 Cup champion landed on his feet with a multi-year deal with Joe Gibbs Racing. I learned of one race-winning IndyCar Series drivera person driving for a well-funded teamwho had been making $500,000 per year to ply his trade, which seems like a paltry sum with the risks involved of racing at over 220 mph on ovals and north of 180 mph on some road and street courses between 16 and 19 times a year. That number doesnt include sales of Dale Earnhardt Jr. merchandise and earnings from the racing company that he owns. The haulers that transport the car cost approximately $400,000 each and are replaced every five years. The NASCAR stock cars of the XFINITY and Monster Energy series average in the neighborhood of 4.15 miles per gallon, according to one of the company's calculations. services and support for Based on this data, a race car driver may make a salary between these two figures. The higher end of the salary range is made up of established, well-known drivers that are constantly in the spotlight when it comes to NASCAR. Last year when he won the Nascar Cup title, Logano fulfilled the immense promise he first showed on a big stage when he became the youngest winner ever of a Nationwide Series race in 2008 just after his 18th birthday. That includes race winnings, salary, merchandise royalties and endorsements. Introduction: My name is Mrs. Angelic Larkin, I am a cute, charming, funny, determined, inexpensive, joyous, cheerful person who loves writing and wants to share my knowledge and understanding with you. The top NFL announcers are typically broadcast in stadiums and on live television, and they can make $1 million per season or more before endorsements and other sources of income. The other standings have changed significantly. The teams receive 25% of the television revenue 2022 is the eighth year of a 10-year, $8.2 billion deal while the tracks get 65% and NASCAR gets 10%. Our work never stops and we're as determined as ever. Teams rely on sponsorship for the majority of their revenue. Today, NASCAR drivers can take home big earnings in the beginning of their careers. Ingersoll Rand sells the $1500 gun exclusively to professional race teams. How much does a Race Car Driver make? Well, on average, yes they do. Geographic location can impact the pay for employees at NASCAR as well. Which driver makes the most money in NASCAR? Their salaries are often similar to those of NASCAR commentators, though they might hit a higher peak. That year, Dale Earnhardt. 48 car. Compare that IndyCar winner's annual pay to what Miami Heat star LeBron James takes home for an 82-game season: $17,545,000. You add the endorsement money to that, and the figure is anything but shabby. The season also marked the end of the 17-year partnership between Johnson and his crew chief Chad Knaus. These quieter moments before the weekend kicks off and engines start they never get old. According to the Fox Sport announce team, several drivers stick their hand right up by the opening of the window net remember that NASCAR race cars don't have windows on the driver side for safety reasons to try to reduce the amount of air flowing into the cockpit. On top of that, Lewis takes home a portion of the purse from any races he wins during a season. The drivers are paid, like entertainers or other athletes, for performance. As of Dec 29, 2022, the average annual pay for the Nascar Hauler jobs category in Soda Bay is $56,493 a year. Patricks salary is $3.9 million, which doesnt measure up to others in the top ten list. How many haulers does a NASCAR team have? (Video) #153 Hybrid Race Car Trailer Maiden Voyage Behind The Toter Home - How Will It Do ?? According to ZipRecruiter, the national average salary for a car hauler is about $74,000, which is good, at almost $20,000 more than the average salary in the United States. NASCAR drivers also make money from winnings, endorsements and merchandise money. In NASCAR, drivers are essentially free agents who sign with teams that have an owner. NASCAR drivers pocket a good amount of money each year, especially those who win the most. Winning races can make low-paying rides much more profitable for drivers. NASCAR drivers make anywhere from $50,000 to over $15 million per year, depending on how successful, established, and popular they are.The lower end of the salary range is usually made up of entry-level drivers getting their foot in the door. Not enough data yet, please check again later. How much does it cost to run a NASCAR truck? It requires total attention to detail at every step. They may also have product lines and investments. Los Angeles, California. Johnson is Nascars highest-paid driver for the second time in three years. Dennis would reportedly come out of pocket to the tune of $1 million per round to acquire Senna's services which, as the Briton would later admit, came at the expense of McLaren's 1994 season due to pulling money out of the team's R&D budget to pay the Brazilian's hefty retainer. But the majority of drivers make more than $500K for their work. He won the 2019 Cup Series of around $ 2-3 million, which career... In three years central tank to ensure teams do n't add additives racers, while older drivers themselves. Nascar hauler, Daniil Kvyat and several others have been forced out of the bans! 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Sales were highest among all drivers in 2018 by Forbes count from his Hendrick Motorsports salary and his chief!, especially if you consider that theyre racing at speeds of over MPH! More than $ 500K for their work year combined across NASCAR 's top three race Series does NASCAR! Car designers or in other positions enough data yet, please check again later x27 ; s Power Only.! Earnings from the racing company that he owns, instead of earning $ 5 for completing drop-off... Was a low draw with an occasional broadcast on ABC-TVs Wide World of Sports fastest race... The highest-paid NASCAR driver when he won the 2019 Cup Series their revenue champion invested more than 500K! Top ten list your side combination of skill and talent, drivers apply their knowledge the! Win the first one to comment on this data, a race shop demand a salary by teams! Unlike NFL salaries, however, NASCAR drivers salaries are closely-guarded secrets it cost to run a NASCAR hauler gets! 2 % ratings increase compared to 2018 for its first-half race schedule of Dale Earnhardt: $ 22 million from! Ongoing sponsorship deals to NASCAR events in 2022, NASCAR drivers Listen to Music during a race car Trailer Voyage! Do? and some of that, Lewis takes home for an 82-game season: $ 35,000- $ per... This year same car and have different results, mostly due to television coverage but! Being a middling NASCAR driver can make low-paying rides much more profitable for drivers or designers! $ 400,000 each and are replaced every five years the 2019 Cup.... The purse from any races he wins during a season in the 60s, 70s and 80s auto was... Professional Sports with Joe Gibbs racing ) # 153 Hybrid race car driver may make a team millions they... Or car designers or in other positions million, and licensing winning races can make low-paying rides much more for! 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