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. is at least $500,000. 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. 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. A big-name driver like Kyle Buschtook home $16 million in salaryand prize money in 2019. How much does a NASCAR car hauler cost? According to the NASCAR rulebook, drivers who weigh less than 180 pounds have to add 10 pounds to their car for every 10 pounds down to 140. How Much Of The Prize Money Do NASCAR Drivers Get? This is the equivalent of $1,086/week or $4,707/month. How much does a Nascar truck engine cost? NASCAR stopped releasing those numbers after the 2015 season. 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. While there are substantial risks to racing (Dale Sr. died on the race track), the pay is still impressive. Also see:How Much Money Do Pro Golfers Make? 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. A hauler holds two race cars, a tool box and extra car parts. On the other end of the spectrum, the highest-paid Formula 1 drivers make $40 million. Max Verstappen currently takes home about USD$25 million, for example, whilst AlphaTauri driver Yuki Tsunoda earns approximately USD$750,000. NASCAR Cup Drivers income stems from Salaries from the teams, sponsorships, merchandise deals, endorsements, and shares of the prize money. 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. So how much does a NASCAR tire changer earn? Winning races can make low-paying rides much more profitable for drivers. Salaries for new drivers are typically six figures with only a handful of drivers earning more than $4 million in base salary. All financial awards are determined on an annual basis and come from a number of sources including tracks, television awards, sponsors via contingency and special awards.. The median salary alone for NASCAR is $1.5 million. Each race has a certain pool of money that gets divided up depending how each driver finishes. NASCARs top money maker is Dale Earnhardt, Jr. Has A NASCAR Driver Led Every Lap Before? 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. He got sent $12,000. How much does a Nascar truck engine cost? It's a question commonly asked by fans of the sport. Video of the Day. Therefore, the maximum penalty would be 40 pounds. On the other hand, some people learn so much about the sport that their opinions become indispensable. 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. If they're part of a winning team, they can get an extra $500 per race. 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 NASCAR, drivers are essentially free agents who sign with teams that have an owner. Now that's a long season. That number doesnt include sales of Dale Earnhardt Jr. merchandise and earnings from the racing company that he owns. 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. Salary information comes from 71 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Essentially, experienced drivers make the most money, which makes career longevity an extremely important factor for high earners. Kyle Busch is the highest-paid NASCAR driver, with an estimated annual salary of over $16,900,000. The trucking industry is facing a driver shortage of tens of thousands of drivers. "It was a very different era," said four-time IndyCar Series champion and three-time Indy 500 winner Dario Franchitti. For comparison, how much do NFL announcers make? But in addition to the check, the winner also gets this . 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. Charter Bus Driver. Our work never stops and we're as determined as ever. Compare that IndyCar winner's annual pay to what Miami Heat star LeBron James takes home for an 82-game season: $17,545,000. His licensed merchandise sales were highest among all drivers in 2018. How Much Money NASCAR Drivers Make by Year, Top 10 Highest Paid (Salary) NASCAR driver in 2015, Here's Why NASCAR Pays More Equally than Other Sports, How Much Money NASCAR Drivers Make vs Other Sports. Since the first one launched way back in 1999, load boards have become the industry standard for finding loads. Through all these revenue sources, even the most inexperienced drivers with salaries of around $50,000 have many opportunities to increase their incomes. While NASCAR has been pretty quiet about the truck series. 18. No Charge. The gas comes from a central tank to ensure teams don't add additives. Salary: $71,442 per year. How Much Money Has Every Call of Duty Game Made? The #1 highest paid NASCAR driver is Dale Earnhardt Jr. Earnhardt made $23.6 million in 2015. 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. Logano was the youngest-ever winner of a Cup race when he won at New Hampshire Motor Speedway when he was 19. 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. Driving Roush Fenway Racing's No. How many miles per gallon do NASCAR cars get? 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. Also Read- How much money do NASCAR pit crew members make? The table below shows the change of a few median numbers over time. But the majority of drivers make more than $500K for their work. 3. 15. But it's worth considering the Formula 1 and Indycar machines are specifically engineered to hit top speeds. But he landed in a similar spot than a lesser-known racer thanks to his agreement with the company. 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. The most highly-paid Formula 1 drivers pull in much more cash than top-tier NASCAR drivers.Each year, multiple Formula 1 drivers crack Forbes list of the top 60 highest-paid athletes in the world, but no NASCAR driver has ever made an appearance on the list.However, the answer is not so simple. NBC kicks off its Nascar Cup season coverage this Sunday with a race from Chicagoland Speedway on NBC Sports Network. The more technical knowledge a driver has, the greater the chances of knowing what to do if and when something goes wrong. Msn.foxsports.com crunched the numbers for a mid-level standard two-car team. These NASCAR announcers are professionals, and the amount they earn varies depending on their prior experience and exact role. People practising the career in Denver make the most, at the amount as mentioned earlier. services and support for That includes race winnings, salary, merchandise royalties and endorsements. Take a look at the data below. In 2015 he made nearly $15 million in salary and winnings, plus another $9 million from endorsement deals for a total of almost $24 million. Which driver makes the most money in NASCAR? Ingersoll Rand sells the $1500 gun exclusively to professional race teams. 21 You're Too Fast - NASCAR's Power Only Concept. At the time in 2016, NASCAR was losing money and likely did not want it public. Adding up median salary, race winnings and endorsement money puts the median NASCAR drivers total pay up over $5 million per year. 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. The drivers who create most of the TV ratings naturally get more sponsor dollars. These purses were lucrative, with winners making $47,500 and the losers taking home a cool $8,500 on average. It was good for those of us who drove during those times, but those kinds of salaries are a fantasy today. God bless data. 48 car in 2001 before Johnson had won a race. The costs to run a team in NASCAR are exorbitantly expensive. Kyle Busch tops the list of the highest-paid NASCAR drivers. How much does it cost to run a NASCAR truck? said racing legend and 1978 Formula One world champion Mario Andretti, as he scoffed at the incredibly low pay-versus-peril scale that seems to rule the landscape today. The front and rear tire changers and tire carriers are all compensated the same for their work on a car. Kyle Busch: $14.7 million. "In Formula One and in Indy cars, tobacco money was a big part of things; it paid for so much of the racing and as a knock-on effect, the driver salaries. Factoring that in makes NASCAR drivers the highest paid of any televised competitive sport. 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%. 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. Typically, the company will notify you of a Boost Earnings promotion ahead of time, so read the text messages and emails they send you! The 10 top-earning drivers made $116 million combined last year from salaries, endorsements and their share of race winnings and licensing revenue. So, most teams that can afford two haulers, will load up their cars and start the adventure out to the West Coast. A typical NASCAR tire changer and carrier duo earn around $1500 per race, with a winning bonus of $300. As of Dec 29, 2022, the average annual pay for the Nascar Hauler jobs category in Soda Bay is $56,493 a year. Even excluding all winnings, merchandise royalties and sponsor money, the typical NASCAR driver earns more than comparable players from every other league except the NBA. The higher a driver places in each race, the more money they get to take home. Be the first one to comment on this story. 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. We may earn money from the links on this page. As theworlds premier auto-racing company, one may think NASCAR would be proud to disclose its financial info withthe best racers in the world. I drove 35 years and didnt take in but $7.5 million dollars. SI says the highest-paid driver in 2005 was Dale Earnhardt Jr., whose annual salary and earnings totaled $5,761,830, but thats not all. The top ten 2021 drivers earnt on average 10.4 million dollars. However, Xfinity and truck series will be much less. Clint Bowyer finished 7th and got $437,178, and so on. How much do female Nascar drivers make? Depending on the race, drivers who earn a top-three finish can make north of $1 million, although in most cases, the teams will take at least a 50% cut of the earnings.Still, drivers can pocket $500,000 or more for a single race, with 38 chances each season to earn some of that cash. In that context, one needs to be winning races and have the ability to network with people to land sponsor(s). This can range anywhere from $50,000 at the entry level to over $15 million for established drivers such as Kyle Busch. How much do Nascar drivers get paid? Merchandise sales for Harvick and the No. NASCAR drivers dont have the same multi-year deals that football players and basketball players get. Their experience within the sport often lends authority to their name and opinions. These people often have an equal passion for the sport but do not participate firsthand (NASCAR is not an easy sport to get into, after all). If you have a high level of engineering knowledge, or you've . Drivers are paid on their merit, records, and longevity in the sport. Streamlined solutions for every step of the compensation management journey, Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Continuously updated compensation datasets from Payscale and our partners, Payscales employer- reported salary data network, The worlds largest employee- submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Flexible, customizable Yet in the NASCAR world, average and typical are the same. Teams rely on sponsorship for the majority of their revenue. How much does it cost to own a NASCAR truck team? 47. The answer ranges depending on each respective salary. Give it a spin with our salary calculator. The Brazilian, lacking his usual motivation with the specter of using customer Ford/Cosworth V8s after years of having factory Hondas behind him, stalled team principal Ron Dennis as late as possible, refusing to sign a contract for the 16-race 1993 season. IndyCar is not as expensive as Formula 1, but it is still in the millions of dollars each year to run a team. NASCAR may have a bit further to go in terms of race. As of Dec 31, 2022, the average annual pay for the Nascar Hauler jobs category in Soda Bay is $56,493 a year. In 2020, George Russel, Lando Norris, Daniil Kvyat and several others have been forced out of the top 15 biggest earners. The average fuel used by a NASCAR during a race is between 2 and 5 miles per gallon. Meanwhile, top NASCAR drivers earned as much as a $5 million salary during the nine month racing term. Thats in terms of typical drivers. 6. Even pro golf manages to fit in 241 players. Compare that to a big NBA star like LeBron James. But is that the real story? Do NASCAR Drivers Make More Money Than Formula 1 Drivers? The size and location of the sticker determines how much a corporation pays the team owner. 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. NASCAR drivers also make money from winnings, endorsements and merchandise money. Owning a NASCAR team can be expected to be a very hefty investment. Without endorsement deals, the top ten highest paid drivers make about $10 million less than the top 10 NBA players. Is car hauling a profitable business? How Much Do NASCAR Drivers earn in F3 and DTM? 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