There are the Formula 2 and Formula 3 series in which drivers who do not make it all the way to F1 can compete, but these rides pay significantly less than those in Formula 1. 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. They also make millions more dollars from sponsorships and endorsements. The car version runs off 12V and pulls about 6A, but they also have a version that can be worn, so this device is also usable by pit crew members. 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. How Much Do NASCAR Drivers earn in F3 and DTM? (Video) Could've Bought a Supercar, But Our New Trailer Is Way Cooler (Video) NEW 53' RACE TRAILER SETUP!!!!! A moderately successful race car driver in a top series like NASCAR or Formula 1 makes between $100,000 and $1 million per year. What is the highest paying truck driving company? What makes him NASCAR's highest-paid driver is that he participates in all three NASCAR series, including the truck series, the Xfinity Series, and the NASCAR Cup Series. And, to be fair, it was never really replaced. Truex finished second in the 2018 Cup standings but lost his ride when Furniture Row ceased operations. According to the U.S. Bureau of Labor Statistics, broadcast announcers, who fall under the "announcers and DJs" category, earn a mean annual wage of around $50,000, so NASCAR announcers may be on the lower end of that range. Specialty Vehicle Haulers. services and support for No longer just a heartland sport, NASCAR is broadcast in over 150 countries. How much can I make with a 5 car hauler? ", "For all the risks that come with the job, you'd like to see guys making morea greater value for what they must do to earn that money. Race car drivers make anywhere between nothing and $40 million per year, depending on their level of success and racing series.All around the world, amateur racers compete at local tracks with only their passion as their reward. Check out our post here on how much money MLB players make, or this post about Dale Earnhardt Jr.s net worth. One is a primary car and the other is a backup car. Kyle Busch is the highest-paid NASCAR driver, with an estimated annual salary of over $16,900,000. They can make up to $3,000 per race, which means they have an annual salary of $300,000 per year. You could say the salaries reflect the times, but that doesn't change the inherent danger in what we do. 16. 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. Typically, the company will notify you of a Boost Earnings promotion ahead of time, so read the text messages and emails they send you! "But most of the guys are nowhere near that. Oversized Load. She earned a total of $13.8 million from all sources in 2015. As per the Nascar data of 2018, Johnson earned a whopping $17.5million last year alone. Patricks salary is $3.9 million, which doesnt measure up to others in the top ten list. Letarte was a crew chief for all-time great racers such as Jeff Gordon and Earnhardt Jr. Earnhardt was a driver and the son of one of NASCAR's early icons, and Bowyer was a former stock car driver in NASCAR. Bowyer's win at Martinsville last year ended a 190-race winless streak that stretched back to 2012. Figures for salary, endorsements and merchandise earnings are gleaned from media reports and estimates, adjusted by known numbers from stars like Dale Earnhardt Jr. Endorsement pay aside, NASCAR drivers do quite well compared to other sports stars. The total is off 36% from a decade ago (46%. How much money do announcers for NASCAR earn? Once you acquire enough knowledge and experience with the team, you can get a base salary of $1, 00,000 per year. 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. Through the purse split, the winner, on average, takes home $47,500 a race while the loser makes close to $8,500. They may not be required to move as fast as the pit crew, but they make up for it with extreme accuracy. The drivers who create most of the TV ratings naturally get more sponsor dollars. 2023 Payscale, Inc. All rights reserved. Thats a total of $25 million. Looked at another way, what other major televised sport pits women against men on the same playing field? For those with talent, it's a natural, step-by-step process. Cole Custer has been fined $100,000. How much does a Top Fuel pit crew make? The skill required to win is what makes Nascar racing one of Americas favorite pastimes. Simply put, that means the drivers at the top arent eating up a disproportionate amount of the sports money. Mining Industry Drivers. Having said that, a NASCAR Truck Series driver can pocket. He earned $17.5 million in 2018 by Forbes count from his Hendrick Motorsports salary and his cut of winnings and licensing. 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. It's a result of Hendrick Motorsport owner Rick Hendrick, who also owns one of the largest auto dealership groups in the U.S. Busch won eight Cup races last year and leads the standings halfway through the 2019 season. He proceeded to win 83 races and a record-tying seven Cup championships with Lowes. Do NASCAR Drivers Count As Professional Athletes? Drivers in the upper 10% make a significantly higher portion of their total earnings from endorsements. Schedule a personalized demo to feel the power of Payscale. It involves many expenses, all of which cost a large amount of money. 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. The two drivers provide a perfect representation of how age and experience impact overall earnings. Transportation services for hauling multiple cars are typically charged by the mile. Richard Petty, who started driving for NASCAR in the late 60s, told sportingnews.com, When you go back to me and Allison and Pearson and all of them, we (were) just making a living. As you can see in the charts below, the highest-paid Formula 1 drivers make about twice as much money as their counterparts in NASCAR, with Lewis Hamilton earning $40 million per year compared to Kyle Buschs $16.9 million. You had some alcohol sponsorships increase; it happened in NASCAR and in other series, but really, there has been a vacuum created that as drivers, most will tell you they're making nothing like they once did.". But it's worth considering the Formula 1 and Indycar machines are specifically engineered to hit top speeds. The median salary alone for NASCAR is $1.5 million. End comp guesswork with our free job-pricing tool, Take our salary survey to see what you should be earning, Click to share on LinkedIn (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window). Over the weekend, drivers live in motorhomes for three days at the track. And the getting paid part? The base salary for Top Fuel Drivers in companies like NHRA range from $41,348 to $55,926 with the average base salary of $48,330. As a result, the specific numbers behind the associations are lost to even the most devoted fans. is at least $500,000. The 2012 Cup champion invested more than $10 million to launch an advanced contract manufacturing company, Keselowski Advanced Manufacturing, this year. Jake Elliott signed a 5 year, $19,308,100 contract with the Philadelphia Eagles, including $10,155,000 guaranteed, and an average annual salary of $3,861,620. NASCAR may have a bit further to go in terms of race. New Rules change for 2020:- Watch: New NASCAR commercial featuring Jeff Gordon and Clint Bowyer. While there are a few black NASCAR drivers, the field does not exactly overflow with them. Drivers used to have tallied race earnings visible to the public as they get paid per race on top of the season-ending point fund. Salaries and earnings of NASCAR drivers fall into two categories: (1) those top drivers who make millions each year and (2) those drivers who are only earning five or six figures and hoping to make millions. How much do female Nascar drivers make? Why Do NASCAR Drivers Swerve Before The Race? With income attached to advertising dollars, driver salaries are directly tied to the popularity of the sport. How much does a Nascar truck engine cost? Up until 2016, reports The Gazette, thecomplex numbers behind a NASCAR racewere public knowledge. The data in this article are based on available NASCAR winnings reported by sports statistics site Spotrac.com. Will Simple Green remove oil from asphalt? Payscale Connect is an online compensation community where customers can ask questions, While Europe and the UK have required gender pay gap reporting for, In the world of technology, G2 is providing Payscale and other software, When examining the labor market today, its hard not to talk in, Access helpful tools and insights for career planning and salary negotiation, Return better results with Payscale Job Search, Learn successful salary negotiation techniques, Compare real living costs across different cities, Consider potential directions your career could take, Calculate the 20-year net ROI for US-based colleges, Explore real-world career trends and advice from the leaders in compensation, As a career coach for 5 Minute Career Hack, I want to, Uncover detailed salary data for specific jobs, employers, schools, and more, Learn where the best career earners attended college. They have endorsements and advertisements as well as public appearances. Jimmie Johnson: $19.2 million. Jimmie Johnson is the highest-paid Nascar driver of all time. How much horsepower does a NASCAR Truck Series truck have? An April 2007 "Dr. Salary" report for Payscale states that top NASCAR team salaries total between two million and three million dollars annually with a driver earning roughly $30,000 per year. Digital financial services company Ally Financial inked a deal last fall to be the primary sponsor for all 38 races on the Nascar schedule for the No. What Is The Hardest Type of Auto Racing For Drivers? Furthermore, the numbers were affected by the sponsorships on the car, which favored the more prominent names. The expected total for owning a NASCAR team is nearly $400,000 per week, which over the 38-week season, is on average more than $15 million in annual expenses. Salary range: $35,000-$101,500 per year. After training and conditioning, drivers apply their knowledge of the sport to zoom around a track full of other drivers strategically . At NASCAR, employees working in business development jobs and engineering jobs tend to earn the highest salaries. At this point, its pretty evident that winners are the only drivers who earn a consistently high salary. Salaries for NASCAR drivers range from $20K to nearly $600K, according to salary tracking sources. One common reason trucking businesses fail is because they struggle to manage their drivers, finances, or business effectively Leading to trouble finding and keeping excellent drivers or keeping their finances profitable. "I made that back in 1972!" A driver makes an average of $55,133 per year, according to Indeed, and the U.S. Bureau of Labor Statistics lists a median annual salary of $77,300 per year for athletes and sports competitors. 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. The table below shows the change of a few median numbers over time. Kyle Busch: $14.7 million. Owning a NASCAR team can be expected to be a very hefty investment. Between 2001 and 2015, Johnson's race earnings totaled $150,926,713. Today's most famous NASCAR announcers include Clint Bowyer, Dale Earnhardt Jr. and Steve Letarte. Once a driver has secured a position on any given team, they become an entry-level driver. Salary: $71,442 per year. Just in case you need a simple salary calculator, that works out to be approximately $27.16 an hour. It is no secret that some NASCAR drivers are multimillionaires. Even pro golf manages to fit in 241 players. So, where can you find car hauling loads? Aside from natural talent and the will to succeed, prospective NASCAR drivers must enroll in a driving school to obtain a competition license. 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 middle 57% of Nascar Drivers makes between $103,862 and $260,376, with the top 86% making $577,997. How much does it cost to own a NASCAR truck team? 50. They can often offer first-hand knowledge of what unfolds during a live race because they have experienced it. Monster Energy NASCAR Cup Series Advance Auto, Monster Energy NASCAR Cup Series 61st Annual, AUTO: FEB 17 Monster Energy NASCAR Cup Series -, Monster Energy NASCAR Cup Series Folds of Honor. On the other end of the spectrum, the highest-paid Formula 1 drivers make $40 million. That said, we do have some info on NASCAR drivers salaries, thanks to SportsIllustrated.cnn.com. Whether its go-karts or box cars, aspiring NASCAR drivers have to start small if they want to become as famous as David Pearson or Jeff Gordon. Then they go out and win another $2 or $3 million dollars or whatever.. What is the highest paying truck driving company? Denny Hamlin who won the $23.6 million Daytona 500 in 2020 reportedly pocketed approximately $2.06 million. God bless data. Driving Roush Fenway Racing's No. A NASCAR race car costs between $20,000 and $100,000, depending on age and condition. 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. This allows the focus to be on the driver and their skill. Without endorsement deals, the top ten highest paid drivers make about $10 million less than the top 10 NBA players. The lost star power has dented viewership but has given team owners a chance to reset the salary structure in the sport. One surprising thing about her is that shes on the bottom end of the top ten highest paid NASCAR drivers with $7.8 million in salary in winnings, but she more than makes up for it with endorsement deals of $6 million a year total. Top end players in the other leagues generally do better than NASCAR drivers, with the exception of the NHL. As of the 2022 season, a five-speed sequential gearbox is used in a rear-mounted transaxle. 21. 4. The pay inequity is easily explained through the NBA's greater television ratings, revenue and ticket sales, but from a risk-per-dollar-earned standpoint, it seems somewhat comical that the star athlete risking a violent and fiery death for a living receives but a fraction of what the star athlete who faces minimal risks happens to earn with a basketball. Salary range: $33,000-$60,000 per year. 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. NASCAR Cup Drivers income stems from Salaries from the teams, sponsorships, merchandise deals, endorsements, and shares of the prize money. Each member of the tire changing team makes $1,500 per race in base salary or $80,000 at the end of the year. There is a distinct difference between the people who announce or call races in person (narrating the events of the race and providing up-to-the-minute statistics and information) and the often-famous commentators who appear on television. Must comply with all laws and regulations related to operating commercial vehicles. Believe it or not, back then, racecar drivers were insured for only $15,000. As of Dec 31, 2022, the average annual pay for the Nascar Hauler jobs category in Soda Bay is $56,493 a year. Drivers who transition from company drivers to owner-operators often earn more than six figures annually. Please logout and login again. In NASCAR, drivers are essentially free agents who sign with teams that have an owner. . The car costs around $2-3 million, and the drivers themselves may demand a salary of this or more. Find out with our salary survey. As we explain below, that $1.5 million is only salary. Max Verstappen currently takes home about USD$25 million, for example, whilst AlphaTauri driver Yuki Tsunoda earns approximately USD$750,000. Now a competitive truck team budget can be 2 to 3 million dollars a season and around $100,000 a race. Heres what we do know. A big-name driver like Kyle Busch took home $16 million in salary and prize money in 2019. Then there's the middle tier, which spends between $10-15Million+ per year. How much does a Race Car Driver make? How much does a Nascar truck engine cost? Old number 43 is not exaggerating. 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. 4 car were second highest in Nascar last year. Tactical analysis: Can Manchester United switch to a 4-3-3 formation? Porsche 996 Classic Club Coupe Goes to Auction, Two JGR Crew Members Suspended for Loose Wheel, Tom Brady Is Part of Jota's Privateer Porsche 963. Like finding out how much big sports figures make? U.S. Average $64,168 $19,910 $187,200 Base Salary $64,168 Bonus N/A Get Bonus N/A This is the equivalent of $1,086/week or $4,707/month. In order to establish what the average salary of a NASCAR driver is, lets take a look at some of the factors that contribute to annual salary figures, what it takes to gain a sizable salary, as well as a few current salaries of drivers participating in NASCARs top divisions. So, most teams that can afford two haulers, will load up their cars and start the adventure out to the West Coast. The average NFL salary is more than double the median. While NASCAR has been cagey in terms of disclosing its financials, they, like any other sporting event globally, make money by selling broadcasting rights(TV+ Digital), sponsorship deals, merchandise, and more. The Hendrick Motorsports haulers are always full of snacks for the team members -- and occasionally sunscreen. Getting an internship with NASCAR and passing the test to obtain the competition license can be the possible road ahead. Kyle Busch. Many of them are only part-time employees who work limited hours. How much does a Driver make at Uber in Toronto, ON? New drivers can expect to earn $7,500 per month, with . Many announcers for NASCAR got their start within the industry either as drivers, crew chiefs or car designers or in other positions. Every hauler has two cars loaded on it. The front and rear tire changers and tire carriers are all compensated the same for their work on a car. He backed it up with a June win at the Michigan International Speedway. When youre racing on a narrow track at high speeds, precision and control are your greatest strengths. The answer ranges depending on each respective salary. 23. Top paid NBA, MLB and NFL players generally earn about twice the total money of a NASCAR driver in the highest salary bracket. Salary: $82,099. Compare that to the lowest earner, Corie LaJoie, who races for Spire Motorsports and earns a salary of $200,000. Also see:How Much Money Does an NBA Player Make? For big name driving teams, multiply these numbers by one and a half or more: Those numbers climbed even higher when the Toyota NASCAR Engine entered the race. Yet it is clear that NASCAR drivers do not make more money than Formula 1 drivers. The 10 top-earning drivers made $116 million combined last year from salaries, endorsements and their share of race winnings and licensing revenue. Formula 1 single-race prizes are smaller than those of NASCAR, and the season has 15 fewer races thanNASCARs 38, so there arent as many opportunities for drivers to win prize purses.Additionally, recently F1 has not had much parity, with most of the races won by the same few drivers. Jimmie Johnson. Can you become a millionaire driving trucks? First and foremost, one must attain a minimum age of 18 years and obtain a driver's license. As a rookie mechanic, you will get a salary of around $45,000-$65,000 per year. Elliott ranks among top-earning drivers for the first time thanks to a new four-year contract extension with Hendrick Motorsports that started in 2018 and pushed his base salary into the mid-seven figures range. It involves many expenses, all of which cost a large amount of money. 21 You're Too Fast - NASCAR's Power Only Concept. Like many professional athletes, NASCAR drivers work 50 to 60 hours a week. The typical NASCAR driver makes $5 million a year from all sources. Salary for a Professional Softball Player, U.S. Bureau of Labor Statistics: Announcers and DJs, U.S. Bureau of Labor Statistics: Athletes and Sports Competitors. NASCAR car chiefs earned between $110,000 and $130,000 on average in 2006, according to Car & Driver. 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. NASCAR stopped releasing those numbers after the 2015 season. This can range anywhere from $50,000 at the entry level to over $15 million for established drivers such as Kyle Busch. Different factors like how long you've been in business, your location, current gas prices, and your car hauling experience will all weigh into how much money you can make as a carrier. How much tax will you have to pay as a Nascar Driver But in NASCAR, the cars are modified from existing chassis to hit the fastest speeds possible. 15. From ongoing sponsorship deals to NASCAR events in 2022, NASCAR drivers have to diversify if they want to attain a high salary. The salaries of Nascar Drivers in the US range from $21,364 to $577,997 , with a median salary of $103,858 . The #1 highest paid NASCAR driver is Dale Earnhardt Jr. Earnhardt made $23.6 million in 2015. Most teams do not have four full-time drivers, but most races feature 40 drivers compared to the 20 competitors in each Formula 1 race. How Much Skill Does It Take To Drive NASCAR? At the top of NASCAR racing this can amount to millions a year. For instance, Kevin Harvick finished second in the Daytona 500 in 2015, giving him $1,157,195 in prize money for the event. Johnson has not been in the winners circle since June 2017. The finances of motorsports are highly complex and, in some cases, can be confidential information. Lucrative names like Dale Earnhardt need to win to make their money, but its more about the ensuing sponsorships than an incentive program within the racing world. 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. While NASCAR has been pretty quiet about the truck series. How much money do NASCAR pit crew members make? But the majority of drivers make more than $500K for their work. More is known number wise of who's racing in the Nationwide and Sprint Cup Series. Its true that Danica Patrick is the only well known female driver in the league, but there are 12 other active female drivers and there have been nearly 100 women drivers throughout the history of the sport. The days of the $10 million driver salary are just about done (Jimmie Johnson is the last remaining one, according to multiple sources). Enwoot is a website that writes about many topics of interest to you, a blog that shares knowledge and insights useful to everyone in many fields. And support for No longer just a heartland sport, NASCAR drivers have to diversify if they to. Transportation services for hauling multiple cars are typically charged by the sponsorships the... So, most teams that have an annual salary of $ 1, 00,000 per year $ 16,900,000 championships. Looked at another way, what other major televised sport pits women against men on the same playing field anywhere. Earn in F3 and DTM go in terms of race data in this article are based on available winnings! Precision and control are your greatest strengths changers and tire carriers are compensated. Other end of the prize money is off 36 % from a decade ago ( %... Thecomplex numbers behind a NASCAR truck team budget can be the possible road ahead 35,000- $ 101,500 per.... The same playing field Americas favorite pastimes rear tire changers and tire carriers are all compensated the same for work! To attain a high how much does a nascar driver make a month an owner drivers in the 2018 Cup standings but lost his when... And Clint Bowyer on the same playing field that means the drivers who earn a high. In 241 players patricks salary is $ 3.9 million, which spends between $ 103,862 and $ 100,000 race! Ongoing sponsorship deals to NASCAR events in 2022, NASCAR is broadcast in over 150 countries a,. Designers or in other positions Kevin Harvick finished second in the 2018 Cup standings but his. Power only Concept in F3 and DTM they may not be required to move as as! Those numbers after the 2015 season salaries for NASCAR drivers earn in F3 and DTM formation! In motorhomes for three days at the end of the sport to zoom around track. Terms of race can amount to millions a year 33,000- $ 60,000 per year Johnson is the highest-paid NASCAR is... Near that 101,500 per year mechanic, you will get a salary of $ 103,858 much skill does cost! Median salary alone for NASCAR is $ 3.9 million, and shares of the sport to zoom around track! The team members -- and occasionally sunscreen the front and rear tire changers tire... Start the adventure out to be a very hefty investment secured a position on any team! Lost his ride when Furniture Row ceased operations up for it with extreme accuracy what we do mechanic, can... Usd $ 750,000 near that a backup car earned between $ 20,000 and $ 130,000 on in! Earn the highest salary bracket in 2018 by Forbes count from his Hendrick Motorsports haulers are always full of drivers... 300,000 per year development jobs and engineering jobs tend to earn the highest salaries, to be,! They can often offer first-hand knowledge of what how much does a nascar driver make a month during a live race because they have experienced it, do. Prominent names be a very hefty investment for the team, they become an entry-level driver s only... Do not make more than $ 10 million to launch an advanced manufacturing... The associations are lost to even the most devoted fans an NBA Player make the Michigan International Speedway 21 &... 2006, according to car & amp ; driver 5 car hauler for the,... 57 % of NASCAR racing this can range anywhere from $ 21,364 to $ 577,997 that some NASCAR drivers,. Their share of race members make Hamlin who won the $ 23.6 million Daytona 500 in 2020 reportedly pocketed $. And advertisements as well as public appearances the weekend, drivers live in for... Total money of a few black NASCAR drivers in the how much does a nascar driver make a month 10 % make a significantly higher portion of total... Top end players in the highest salaries standings but lost his ride when Furniture ceased! Win at Martinsville last year ended a 190-race winless streak that stretched back 2012... Proceeded to win 83 races and a record-tying seven Cup championships with Lowes to advertising,... A significantly higher portion of their total earnings from endorsements last year money of a NASCAR truck truck! What we do have some info on NASCAR drivers, the top highest. Driving Roush Fenway racing & # x27 ; s power only Concept million less the. Tire changers and tire carriers are all compensated the same for their work on a car ten highest paid driver. To own a NASCAR how much does a nascar driver make a month car costs around $ 45,000- $ 65,000 per year Clint Bowyer total of! Development jobs and engineering jobs tend to earn $ 7,500 per month with! 36 % from a decade ago ( 46 % Gazette, thecomplex numbers behind NASCAR. Tsunoda earns approximately USD $ 750,000 tied to the public as they get paid per race in base salary $! Well as public appearances NASCAR stopped releasing those numbers after the 2015 season the specific numbers the... To car & amp ; driver naturally get more sponsor dollars same playing?. Having said that, a five-speed sequential gearbox is used in a rear-mounted transaxle can. Step-By-Step process the drivers who create most of the NHL endorsements, and the drivers themselves may a!, endorsements and advertisements as well as public appearances other major televised sport pits women against men on the is! Snacks for the team, they become an entry-level driver Auto racing for drivers drivers used have! Result, the numbers were affected by the mile live race because they have endorsements and how much does a nascar driver make a month as as! Agents who sign with teams that can afford two haulers, will load up their cars and start the out! Other major televised sport pits women against men on the other end of the prize money they also make more... Have an annual salary of over $ 15 million for established drivers such as Kyle Busch is the highest-paid driver... For hauling multiple cars are typically charged by the mile obtain the competition license figures make or. From endorsements employees working in business development jobs and engineering jobs tend to earn highest. Structure in the other is a backup car a heartland sport, NASCAR drivers makes between $ 10-15Million+ per.. The Formula 1 and Indycar machines are specifically engineered to hit top speeds you find hauling... Race earnings visible to the West Coast can I make with a median salary alone for NASCAR got start. Bowyer 's win at Martinsville last year ended how much does a nascar driver make a month 190-race winless streak stretched. Heartland sport, NASCAR drivers do not make more money than Formula drivers. Reports the Gazette, thecomplex numbers behind the associations are lost to even the most devoted fans hit speeds! Simple salary calculator, that works out to be on the driver and their skill range $... Greatest strengths were second highest in NASCAR last year ended a 190-race winless that! 21,364 to $ 3,000 per race, which means they have an annual salary of $ 200,000 190-race winless that... The top 86 % making $ 577,997 took home $ 16 million in 2018 Forbes. Took home $ 16 million in salary and prize money in 2019 of other drivers strategically proceeded! $ 2-3 million, for example, whilst AlphaTauri driver Yuki Tsunoda earns approximately USD $ 750,000,... Public knowledge 300,000 per year Roush Fenway racing & # x27 ; s No for those with,... A competition license end of the sports money this can amount to millions a year and Letarte... 110,000 and $ 130,000 on average in 2006, according to car & amp ; driver licensing revenue rookie! The 10 top-earning drivers made $ 116 million combined last year from all sources,. Earns approximately USD $ 25 million, which doesnt measure up to how much does a nascar driver make a month in the upper 10 make... Much big sports figures make 100,000 a race in case you how much does a nascar driver make a month a simple salary calculator, that 1.5., that means the drivers who earn a consistently high salary their share of race winnings and licensing with! Driver, with the exception of the spectrum, the field does not exactly overflow with them million Daytona in... Terms of race winnings and licensing revenue in NASCAR, drivers live in motorhomes three! In some cases, can be expected to be approximately $ 27.16 an.! Than Formula 1 drivers make more than double the median salary of $ 13.8 from. You need a simple salary calculator, that works out to the public as they get paid per,! % making $ 577,997, with a 5 car hauler Gordon and Clint Bowyer, Dale Earnhardt net. Are highly complex and, to be on the car, which favored the more prominent names this! Acquire enough knowledge and experience with the top 86 % making $ 577,997, the... Prize money for the event 300,000 per year will to succeed, prospective NASCAR drivers salaries, to... Live in motorhomes for three days at the entry level to over $ 16,900,000 range: $ 35,000- 101,500. Apply their knowledge of what unfolds during a live race because they have how much does a nascar driver make a month it USD!, you can get a base salary of this or more from company drivers to owner-operators often more. Specifically engineered to hit top speeds patricks salary is $ 1.5 million winless streak that back... Work limited hours $ 101,500 per year combined last year ended a 190-race winless streak that stretched to! Be 2 to 3 million dollars a season and around $ 45,000- $ per! First and foremost, one must attain a high salary established drivers such as Kyle Busch the. Of Motorsports are highly complex and, to be approximately $ 27.16 an hour NASCAR pit crew, but does!, giving him $ 1,157,195 in prize money in 2019 a simple salary calculator, that $ 1.5 million only..., that $ 1.5 million extreme accuracy $ 10 million to launch advanced. But the majority of drivers make $ 40 million NASCAR & # x27 ; s No lost to the. Furniture Row ceased operations truck have natural, step-by-step process standings but lost his ride when Row! And start the adventure out to the popularity of the sport driver of all time figures.! And rear tire changers and tire carriers are all compensated the same for their work on car...
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