The 2015 Cup champion won his 200th race this year combined across Nascar's top three race series. Patrick is a corporate darling, landing big deals with GoDaddy, Natures Bakery, Aspen Dental, Peak Antifreeze, Coca Cola and others. 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. How much can I make with a 5 car hauler? How many miles per gallon do NASCAR cars get? Transportation services for hauling multiple cars are typically charged by the mile. 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. Check out our post here on how much money MLB players make, or this post about Dale Earnhardt Jr.s net worth. 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 the majority of drivers make more than $500K for their work. The gain was a welcome change for the race series where ratings are off nearly 50% over the past decade. Salary: $71,442 per year. Video of the Day. Road & Track participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites. The lost star power has dented viewership but has given team owners a chance to reset the salary structure in the sport. Adding up median salary, race winnings and endorsement money puts the median NASCAR drivers total pay up over $5 million per year. Every hauler has two cars loaded on it. The home improvement chain signed on as primary sponsor of the No. 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. 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. Every single one of the best NASCAR drivers started out with smaller vehicles, a low salary, and a fierce desire to earn the checkered flag. Our car experts choose every product we feature. Today's most famous NASCAR announcers include Clint Bowyer, Dale Earnhardt Jr. and Steve Letarte. pic.twitter.com/AbcdkzxXIC 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. Traditionally, NASCAR cars featured a four-speed gearbox that was shifted in an H-pattern. And the getting paid part? 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. NBC kicks off its Nascar Cup season coverage this Sunday with a race from Chicagoland Speedway on NBC Sports Network. The average Car Hauler salary in California is $65,640 as of December 27, 2022, but the range typically falls between $57,964 and $75,273. If there's one form of motorsport where the per-event scale exceeds what a LeBron James earns on straight salary, it's F1. U.S. Average $64,168 $19,910 $187,200 Base Salary $64,168 Bonus N/A Get Bonus N/A Deals that were once done on a handshake will now be penned via a three-year contract by a professional human resources coordinator.. 20. Jimmie Johnson is the highest-paid Nascar driver of all time. At NASCAR, employees working in business development jobs and engineering jobs tend to earn the highest salaries. People practising the career in Denver make the most, at the amount as mentioned earlier. 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%. Well, on average, yes they do. The average MLB player makeseight times the typical player. Also see:How Much Money Do NFL Players Make? As of Feb 12, 2023, the average annual pay for the Race Car Drivers jobs category in the United States is $41,164 a year. Just in case you need a simple salary calculator, that works out to be approximately $19.79 an hour. Like many professional athletes, NASCAR drivers work 50 to 60 hours a week. The top ten 2021 drivers earnt on average 10.4 million dollars. While their earnings vary, a good year can also mean over $130,000 for a race if they finish at the top. Each race has a certain pool of money that gets divided up depending how each driver finishes. These purses were lucrative, with winners making $47,500 and the losers taking home a cool $8,500 on average. Ingersoll Rand sells the $1500 gun exclusively to professional race teams. It comes on the heels of Fox Sports posting a 2% ratings increase compared to 2018 for its first-half race schedule. Believe it or not, back then, racecar drivers were insured for only $15,000. "There are six or seven guys making over a million in IndyCar today, I reckon," added Franchitti, who starred at a time in the late 1990s when the biggest names could bank $6-8 million a season. NASCAR money is handled something like golf money. Todays enormous NASCAR drivers salaries are mostly due to television coverage, but it wasnt always so. 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. Surprisingly, NASCAR drivers make more money than players in any organized professional sport except the NBA. For that IndyCar driver, across the 16-race 2012 season, he earned $31,250 per event. Usually, driver makes even over $1.5 million per year. 3. So how much does a NASCAR tire changer earn? More is known number wise of who's racing in the Nationwide and Sprint Cup Series. Or, if mismanaged, it can become your worst nightmare. This is a tough job. Chase Elliott Is a 24-Year-Old NASCAR Driver With an Impressive Net Worth. Yes. Race Car Drivers make the most in Los Angeles at $64,168, averaging total compensation 0% greater than the US average. (Video) HUNTING NASCAR DIECAST JR'S HAULER! As the name suggests, the Thunder Gun is a powerful toola -inch impact wrench that uses 110 psi of nitrogen to produce roughly 1000 lb-ft of torque and 15,000 rpm. The Nascar winnings per race, in this case, is in millions, because the racers are highly talented and experienced. How many haulers does a NASCAR team have? It is no secret that some NASCAR drivers are multimillionaires. Salaries can vary greatly depending on several factors, such as rate of wins, career length, and public sentiment. Thats $14.6 million from salary and winnings and $9 million from endorsements. In 2014, the Department of Economics at UNC-Charlotte conducted an in-depth data study on the importance of the pole position in auto racing and NASCAR. He earned $17.5 million in 2018 by Forbes' count from his Hendrick Motorsports salary and his cut of winnings and licensing. Also see:How Much Money Does an NBA Player Make? Also see:How Much Money Do Pro Golfers Make? Meanwhile, top NASCAR drivers earned as much as a $5 million salary during the nine month racing term. Msn.foxsports.com crunched the numbers for a mid-level standard two-car team. What are the best states for car hauling? New Rules change for 2020:- 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. Salaries for NASCAR drivers range from $20K to nearly $600K, according to salary tracking sources. How Much Money Has Every Call of Duty Game Made? Driver Salaries 2022: View other Nascar salaries 8. This is the equivalent of $791/week or $3,430/month. Well, the primary source that haulers use to find loads in recent years has been online load boards. For improved proficiency, drivers often take it upon themselves to learn as much mechanical knowledge as they can. 4 car gets hefty sponsorship thanks to his consistent performance over the past decade, which includes top three finishes in the overall Cup standings seven of the past nine years. However, if you're moving individual cars you should charge a per-mile fee as well as expenses such as flying back to your home base. One other drawback to NASCAR is the low number of drivers. Salary: $95,999 - $110,000 per year. The path to becoming a professional NASCAR driver may be long, but it can be well worth it. 19. It involves many expenses, all of which cost a large amount of money. How much money do NASCAR pit crew members make? Grand Prix drivers began commanding serious salaries in the late 1970s, with Ferrari's Gilles Villeneuve and Jody Scheckter recognized as some of the first to push pay boundaries. Team salaries: $2.5-3.5 million, or an average salary of ~$30,000/year for ~100 employees Travel: $1 million per team Tires: $1 million per team ($20,000 per race weekend plus testing) In-house. Meanwhile, a driver can make $130,000 for one race if he finishes on top. They also make millions more dollars from sponsorships and endorsements. This allows the focus to be on the driver and their skill. (A typical impact wrench runs at about 1800 rpm.) 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. That number doesnt include sales of Dale Earnhardt Jr. merchandise and earnings from the racing company that he owns. Unlike NFL salaries, however, NASCAR drivers salaries are closely-guarded secrets. In NASCAR, drivers are essentially free agents who sign with teams that have an owner. Their experience within the sport often lends authority to their name and opinions. Audience members appreciate that level of expertise and attention to detail that they couldn't get otherwise. With the near financial collapse of 2008 placing an enduring strain on the global economy, driver salaries from the 1990s look like fantasy figures compared to what some of the best earn today. Second, drivers earn money from race winnings. Professional Driver. Having said that, a NASCAR Truck Series driver can pocket. But in addition to the check, the winner also gets this . Most people know that the National Football League (NFL) is the most popular sport on TV, but it may raise a few eyebrows to hear that the second highest-rated sport is NASCAR the National Association for Stock Car Auto Racing. This is the equivalent of $1,086/week or $4,707/month. Per usual, the winner of NASCAR's All-Star Race gets a giant check for $1,000,000, so that already makes this exhibition event a big deal. 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. Thats in terms of typical drivers. What are the best states for car hauling? The cost of a single engine is about $100,000. The primary car is the car that the team feels will be the fastest on race day. Then they go out and win another $2 or $3 million dollars or whatever.. NEWS: NASCAR issues a deduction of 50 driver and 50 owner points to the No. 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. 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. 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. Oversized Load. Of course, many NASCAR announcers have income from other sources, especially if they're former drivers. Jimmie Johnson: $19.2 million. That way, you can maximize the amount of money you make that day. 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. Drivers keep anywhere from 40% to 45% of their purse while the rest is distributed throughout the team. 6 Primary Sponsorship - $400,000 Per Race It will cost at least $400,000 for a company to be the primary sponsor of a driver and his car. 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. 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.". Los Angeles, California. Below are the top-earning drivers in 2018. 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. Also Read- Watch: New NASCAR commercial featuring Jeff Gordon and Clint Bowyer. The 10 top-earning drivers made $116 million combined last year from salaries, endorsements and their share of race winnings and licensing revenue. 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. NASCAR may have a bit further to go in terms of race. 23. Whether you attend races in person or watch them on television, NASCAR fans recognize and trust their favorite NASCAR announcers. Do NASCAR Drivers Listen To Music During A Race? New drivers can expect to earn $7,500 per month, with additional income coming from sponsorships and brand deals. Without technical expertise, drivers lose a critical element for team cohesion. The average Race Car Driver in the US makes $64,168. Team salaries: $2.5-3.5 million, or an average salary of ~$30,000/year for ~100 employees, Tires: $1 million per team ($20,000 per race weekend plus testing). There are some bigger rates for maybe two or three of the pros with ambassador roles for a manufacturer, so that might take them to $325,000, maybe $350,000." The table below shows median NASCAR pay by year. In fact, the middle-of-the-road NASCAR driver makes more from race winnings than from salary at over $2.5 million a year. Logano is signed with Team Penske through 2023. 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. Which driver makes the most money in NASCAR? It involves many expenses, all of which cost a large amount of money. NASCAR Cup Drivers income stems from Salaries from the teams, sponsorships, merchandise deals, endorsements, and shares of the prize money. The top four highest earners remain the same - Lewis Hamilton, Sebastian Vettel, Daniel Ricciardo and Max Verstappen. Do NASCAR Drivers Make More Money Than Formula 1 Drivers? NASCAR drivers also make money from winnings, endorsements and merchandise money. $14.6 million of that money comes directly from salary and winnings, with the rest from endorsements. While the NASCAR drivers wheezing past in their heavy-duty machines on the race-track may seem like a feat worth emulating, the fact that it takes immense will and skill to be able to do that is perhaps underrated. The higher a driver places in each race, the more money they get to take home. NASCAR is fortunate to have a strong foundation of partners that play a significant role in our sport, including financial support at each of the events as well as year-end awards, Cassidy said to The Gazette. How much does a Top Fuel pit crew make? New drivers tend to earn six-figure annual salaries, but that figure can easily reach multiple millions depending on wins and endorsements. The Road Ahead is an ongoing series of reports on where we've been, where we are, and where we're headed as it pertains to cars, motorsports, and the culture surrounding it all. Must possess personal tools and equipment. This is the equivalent of $1,086/week or $4,707/month. The contract covers the 2019 and 2020 season. After training and conditioning, drivers apply their knowledge of the sport to zoom around a track full of other drivers strategically . There are two primary routes to becoming a NASCAR announcer, especially if you want to have a top position working on television. As we explain below, that $1.5 million is only salary. He proceeded to win 83 races and a record-tying seven Cup championships with Lowes. The answer ranges depending on each respective salary. 16 Ford Fusion is Greg Biffle, one of the richest NASCAR drivers in the game. Looking at 70,845 driver outcomes from 1949-2005 in NASCAR, the pole winner won the race 22% of the time. The sockets they use to pull off the tires so quickly can run up to $1,500 a piece. Car & Driver reports tire specialists earn $50,000 to $60,000 a year, and crew chiefs can earn annual salaries anywhere . That we mention that $1.5 million is their only salary. The costs to run a team in NASCAR are exorbitantly expensive. Find out with our salary survey. NASCAR similarly has the Xfinity Series and Camping World Truck Series, both of which provide lower-paying opportunities for drivers who cannot find a ride at the highest level. Britney Spears Net Worth: The $290 Million Blowout, Beyonce Net Worth: Formation of $1 Billion, Highest paid NASCAR driver (Salary & winnings, Dale Earnhardt Jr.), Highest paid male NASCAR driver (Overall earnings, Dale Earnhardt Jr.), Highest paid female NASCAR driver (Danica Patrick). How much does a tire changer make on a NASCAR team? No longer just a heartland sport, NASCAR is broadcast in over 150 countries. The trucking industry is facing a driver shortage of tens of thousands of drivers. 39. "I made that back in 1972!" Patricks salary is $3.9 million, which doesnt measure up to others in the top ten list. They have endorsements and advertisements as well as public appearances. Based on this data, a race car driver may make a salary between these two figures. When it comes to NASCAR jobs, where does all that fuel, er, money go? Salary range: $33,000-$60,000 per year. That box is four pounds and 94 cubic inches (2.7 x 5.2 x 6.7). You can put different drivers in the same car and have different results, mostly due to the driving style. How much does a NASCAR pit crew make? How long does it take to get 1 million miles as a truck driver? Greg Biffle Net Worth - $50 million. At the top of NASCAR racing this can amount to millions a year. is at least $500,000. For example, the average NBA salary is about double the typical salary. Drivers are paid on their merit, records, and longevity in the sport. How Many Hours Does a NASCAR Driver Work? Thats a total of $25 million. It's a question commonly asked by fans of the sport. How does your salary place among these racers? The salaries of Nascar Drivers in the US range from $21,364 to $577,997 , with a median salary of $103,858 . The season also marked the end of the 17-year partnership between Johnson and his crew chief Chad Knaus. The starting and average salaries are also much higher in Formula 1, with lower-tier drivers making around $750,000.Similar drivers in the NASCAR Cup Series only make a little more than $100,000 per year in salary.Luckily, there are additional sources of income available to drivers in both series. The days of the $10 million driver salary are just about done (Jimmie Johnson is the last remaining one, according to multiple sources). 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. NASCARs money distribution method is possibly the most democratic of all competitive TV events. When youre racing on a narrow track at high speeds, precision and control are your greatest strengths. DC Solar filed for bankruptcy in February. So, where can you find car hauling loads? 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. Kyle Busch: $14.7 million. You May Also Like- When does NASCAR start in 2021? Even pro golf manages to fit in 241 players. For example, Jimmie Johnson took in around $17.5 million in 2018, with that number being made up of winnings and his salary, alongwith various endorsements. Average Uber Driver hourly pay in Toronto, ON is approximately $21.75, which meets the national average. The Hendrick Motorsports haulers are always full of snacks for the team members -- and occasionally sunscreen. According to the Simply Hired website, the average salary for a race car driver is $38,000 yearly as of 2011. How do you become a Nascar truck hauler? But with all of the sporting bans on tobacco advertising, you really saw all that money dry up rather quickly. 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. Owning a NASCAR team can be expected to be a very hefty investment. The next few possible steps can be getting used to go-karts and smaller cars before graduating to the bigger racing ones, taking part in local races, learning the mechanics of the car, and attending a NASCAR driving course. 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. This can range anywhere from $50,000 at the entry level to over $15 million for established drivers such as Kyle Busch. 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. 21 You're Too Fast - NASCAR's Power Only Concept. Can your salary compete with NASCARs drivers salaries? He ran four Cup races for Germain racing at 10 percent of prize money. 51. How much does it cost to own a NASCAR truck team? How much does a Nascar truck engine cost? And, to be fair, it was never really replaced. Drivers have to be willing to make public appearances, promote their sponsors, and do their part to ensure the growth of NASCAR via fan interactions and press interviews. In NASCAR, only 82 full time drivers fill the ranks, making the odds of becoming a pro driver a lot lower than succeeding in the other sports. How many miles per gallon do NASCAR cars get? I drove 35 years and didnt take in but $7.5 million dollars. The top drivers in the sport dont do as well when theyre compared to other sports. NASCAR is clearly gearing towards younger racers, while older drivers find themselves in the Craftsman Truck Series. A moderately successful race car driver in a top series like NASCAR or Formula 1 makes between $100,000 and $1 million per year. Denny Hamlin who won the $23.6 million Daytona 500 in 2020 reportedly pocketed approximately $2.06 million. Media-savvy drivers make significant gains here and there, but the simple truth is that there are no substitutes for raw talent, hard work, and a determined, confident attitude. What is the highest paying truck driving company? With income attached to advertising dollars, driver salaries are directly tied to the popularity of the sport. 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. The typical NASCAR driver makes more money from winnings than from salary and the least money from endorsements and merchandise royalties. NASCAR haulers generally get a little more time off than other truck drivers, though, and can expect to spend at least a couple of days at home each week. It requires total attention to detail at every step. It costs money to do this stuff: Teams pay a $4,300 entry and inspection fee to have their primary car approved for competition during a NASCAR weekend. The finances of motorsports are highly complex and, in some cases, can be confidential information. 6. Jimmie Johnson is a seven-time NASCAR Cup Series champion. As theworlds premier auto-racing company, one may think NASCAR would be proud to disclose its financial info withthe best racers in the world. 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. It took me 15 years to win the first million. Salary range: $35,000-$101,500 per year. A good year cannet drivers over $130,000 for a raceif they finish on top of the previous seasons rankings, according to Sapling. Salary: $82,099. Sports Cars That Make Great Daily Drivers in 2023, The Stars of "The Fast & The Furious", Then & Now, Peek Inside the Coolest Sci-Fi Movie Cars, What It's Like to Be a Mechanic in the Daytona 500, The Most Luxurious Cars You Can Buy in 2023, Five Bad Habits That Will Destroy Your DCT. THIS IS EPIC!!!! Do NASCAR drivers pay for their own cars? 28. Party Bus Driver. Next among active drivers on that list is Joey Logano, who has won at least one race 11 consecutive seasons. 2023 Payscale, Inc. All rights reserved. How long does it take to get 1 million miles as a truck driver? 31. NASCAR Cup Series drivers go through up to 12 sets of tires per race, meaning that an entire race could cost a NASCAR team over $20,000 in tires. Check, the pole winner won the $ 1500 gun exclusively to professional race teams attached! Team owners a chance to reset the salary structure in the same - Lewis Hamilton, Sebastian,. From $ 20K to nearly $ 600K, according to Sapling drivers to! 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