Required fields are marked *. Do NASCAR Drivers Make More Money Than Formula 1 Drivers? - rookieroad.com The table below shows median NASCAR pay by year. Michael Jordan Net Worth: The Billion Dollar Man, 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). NFL players average in size anywhere from 5-foot-11 and 193-pounds (cornerbacks) to 6-foot-5 and 315-pounds (offensive line), while the average NASCAR driver is not quite 5-foot-10 and weighs on average 180 pounds, and any drivers who weighless have to add 10 pounds to their car for every 10 pounds down to 140. endorsements. It has grown by an impressive 68% since then to $1.54 million. The Daytona 500 is one of NASCAR's biggest and most prestigious races. As with the other American sports leagues weve compared to the NFL (NBA, MLB, NHL,MLS, and UFC), NASCAR just cant measure up to its powerful football counterpoint. You already know that the Nascar winnings per race are in millions. But the majority of drivers make more than $500K for their work. Driver and team salaries and the cost of cars are the biggest expenses. NASCAR Truck Series driver earnings - Sportskeeda Kevin Harvick makes an estimated $13.8 million (12.3 . Yet in the NASCAR world, average and typical are the same. In 2019, Fox televised the NASCAR Cup race at Atlanta, and 5.067 million viewers tuned in, which was a 10% drop from 2018 when 5.609 million race fans watched, and even that race had experienced a 15% drop in viewership. Thats a total of $25 million. NFL sponsorship revenue reached $1.32 billion in the 2017-18 season, with beer, trucks and fast food being among the largest spenders. Why? Furthermore, the numbers were affected by the sponsorships on the car, which favored the more prominent names. Formula 1 is another popular racing sport that attracts millions of viewers, and drivers make great money. How Much Money Do The Voice Coaches Make? F1 drivers can earn bonuses just for winning a Grand Prix, winning a league championship, having the fastest lap, and winning pole position. Compare those totals to the Daytona 500 in 2002 when 18.78 million viewers saw Ward Burton win with his #22 Dodge. Additionally, factors such as bonuses for winning or finishing well in races and endorsement and sponsorship deals can also play a significant role in drivers overall earnings. For instance, during a recentNASCAR Cup race at Fort Worth, TX, only about a third of the roughly 100,000 seats were occupied. This value, however, was not wholly dependent on the outcome of a race. to the glorious years of what Nascar paid its drivers during the last decade. NASCAR is wrapping up its Martinsville weekend on Sunday with the Xfinity 500. How Much Do NASCAR Drivers Make Per Race? | Sports The Buffalo Bills are last on the list with a value of $1.6 billion. a driving course exclusively designed for Nascar races, Take up At another race this season at the Bristol Motor Speedway located on the Tennessee-Virginia line, about 35-40,000 race fans attended, but that stadium has a seating capacity of 162,000. The Kyle Larson drives the No. Simply put, that means the drivers at the top arent eating up a disproportionate amount of the sports money. 4 Ford Mustang at the Dover International Speedway. How much money does a driver get for winning the Daytona 500? All our emails include an As every driver has a different feel as to what their merchandise may do revenue-wise. The table below shows the top ten highest paid NASCAR drivers. However, their earnings are significantly less than F1 drivers. The NASCAR season is divided into two segments, with currently 36 races in the season. If the 2020 edition has a similar share, the winner of the Daytona 500 will take home about $2.06 million. racing skill to get the proper certifications of a race driver, Get the We have an infographic on the Prize money in NASCAR and NASCAR drivers salaries below that you can share ( throw us a link if you do) or use. Only Chase Elliott sold more licensed goods last year. Petty was a dominant force in NASCAR racing in the 1960s and 1970s, winning seven NASCAR Cup Series championships and 200 races. Cup races like the Daytona 500 have the largest prize funds of of up to 23 million dollars in 2020, in comparison Xfinity and Truck series racing can have prize funds of 3 to 1 million. Even pro golf manages to fit in 241 players. professional drivers and become a part of their crew, Complete Top five Highest-Paid NASCAR drivers in 2022: Kyle Busch: $16,900,000 Denny Hamlin: $13,100,000 Kevin Harvick: $10,900,000 Martin Truex Jr: $10,400,000 Brad Keselowski: $9,400,000 A new up and coming NASCAR driver can earn anywhere between $100,000 and $300,000 as a base salary and another $200,000 in prize money. How much money does a Nascar driver make per race will SURPRISE you Our Best Recommendations: For Blogging: Bluehost: Start your blog with 1. The amount of money at stake for taking first place in the race hasn't been shared since 2015. But is that the real story? The NFL overall ratings overshadow even the best NASCAR races. Buschs combative personality has helped him build a legion of followers called Rowdy Nation that he aims to convert into customers of his new energy drink. Nascar's Highest-Paid Drivers 2020: Kyle Busch Takes The - Forbes The NASCAR playoffs will end with the NASCAR Cup Series Championship Race at Phoenix Raceway on November 6. NBCsSunday Night Football, ESPNsMonday Night Footballand the sharedThursday Night Footballpackage (between NBC, CBS, NFL Network and Amazon) all declined in viewership for the second straight season. Copyright 2023 Endgame360 Inc. All Rights Reserved. Television ratings for the first 16 NASCAR events, which is the Fox portion of the season, were down approximately 20 percent, with an average of 4.1 million viewers per race. 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. Startup costs are even higher, requiring about $18 million in initial investments to get a one-car team . Interestingly, one of them is a woman, which we dont tend to see in professional sports. We are committed to The New England Patriots, winners of Super Bowl LIII, each received$118,000for winning the big game, while players from the losing Los Angeles Rams got$59,000 each. NASCARs money distribution method is possibly the most democratic of all competitive TV events. "Its a new foundation and a new era," NASCAR Chief Operating Officer Brent Dewar told NBC Sports. Top Nascar drivers in terms of the money earned, how much money does a professional soccer player make, How Gary Dahl became millionaire by selling Rocks - The Pet Rock millionaire, How much money does a professional soccer player make, TOP 20 Richest Bodybuilders In The World & Their Net Worth, TOP 10 Richest Harry Potter Characters in the Movie, TOP 20 Richest MMA Fighters In The World & Net Worth, TOP 20 Richest Racing Drivers In The World & their Net Worth, Go to Because the data isn't publicly available, the best we can do is estimate based off past data. All About NASCAR | Guide To NASCAR Races Like The Daytona 500 It definitely depends on a driver's popularity, brand support, and of course, their talent and number of wins. professional Nascar driver. These results are similar to where the pay gap stood in 2002, when women earned 80% as much as men. There was a time when NASCAR published how much that purse was, and how much each team earned. The team with a single-car entry that leads the most laps during the season will receive. Advertising disclosure: WSN contains links to online retailers on its website. NASCAR Cup Drivers income stems from Salaries from the teams, sponsorships, merchandise deals, endorsements, and shares of the prize money. Looked at another way, what other major televised sport pits women against men on the same playing field? Homestead-Miami Speedway in Homestead, FL. Few drivers get salaries north of $3 million anymore, although teams are still willing to pay up for elite talent. Daytona 500 purse, payout breakdown: How much prize money will the winner make in 2022. It definitely depends on a driver's popularity, brand support, and of course, their talent and number of wins. These financial information are well hidden now. The prize pool in 2015 was $18 million in total. NASCAR - Statistics & Facts | Statista 31 for the Dover International Speedway. Manage Settings NASCAR has a strong foundation of partners willing to sponsor drivers, https://motorsporttickets.com/blog/f1-driver-salaries-how-much-formula-1-drivers-earn/, https://www.sportscasting.com/10-highest-paid-nascar-drivers-2022/. There are no LeBrons or Ortizs blowing out the curves. In 2014, NASCARs Vice President, Jim Cassidy, talked about the finances. How to Watch NFL Games without Cable or Satellite TV (2022 Streaming Guide), ESPN+ Pricing: Plans, Free Trial Info, & More (2022 Guide), fuboTV Review (2022): Pros & Cons After 4 Years of Using It, Base Salary: x,xxx,xxx (Usually ranging from high six figures to high seven figures), Tiered Prize Money (This can be different for every driver, usually this system is used with a less experienced driver, on a major team), Bonus Structure (Once again can be different for everyone), Race win bonus (Can be % of prize or a cash bonus), Making the chase Bonus (Usually a cash bonus), Big race bonuss or amount of wins bonus (i.e Daytona 500, Indianapolis). Drivers in the upper 10% make a significantly higher portion of their total earnings from endorsements. I am obsessed with studying the world's wealthiest individuals and learning about their path to success. Why median instead of average? Averages fall prey to being bent out of shape by the biggest numbers in the field. WSN.com is run by iGaming Cloud Inc (a Gaming Innovation Group Subsidiary) and is registered with the New Jersey As we explain below, that $1.5 million is only salary. Prize money in NASCAR varies on the race and series. At Dover International Speedway, he finished in sixth place. With a purse such as that, however, the association was thrilled to let the audience know that it was thriving. How to Watch ESPN Online: What Streaming Service Has ESPN? Updated 2022 NASCAR Cup Series Standings Following Chase Elliott's Victory at Dover Kyle Busch is the highest-paid NASCAR driver, earning $16,900,000 per year. We and our partners use cookies to Store and/or access information on a device. After graduating from the University of New Hampshire with a BA in Journalism, Richard Janvrin has been covering iGaming and sports betting since December 2018. If you go by the numbers, its not hard to see that the NFL is preferred by a lot more people than NASCAR and the revenue generated seems to back that up. We don't have the first place money, but we know the Cup Series Championship race features a total prize pool of $10,053,801. 19 Toyota Camry TRD. Keselowski has posted at least three wins in seven of the past nine years driving for Team Penske. Well, that's a big unknown because of a policy change that NASCAR made in 2016. sportsbooks. When many professional drivers Busch, enjoying a successful first season at Richard Childress Racing, won last week's race at Talladega Superspeedway. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'sportscriber_com-box-4','ezslot_2',115,'0','0'])};__ez_fad_position('div-gpt-ad-sportscriber_com-box-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'sportscriber_com-box-4','ezslot_3',115,'0','1'])};__ez_fad_position('div-gpt-ad-sportscriber_com-box-4-0_1');.box-4-multi-115{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}So on and so forth. They never did for the 2021 race, either, so it's unlikely that they will disclose the amount in 2022 given their reporting policy. NASCAR Cup Series 2022 Prize Money (Breakdown) - Sportscriber The 37-year-old drives in all three NASCAR national series and races full-time in the NASCAR Cup Series. Jimmie NASCAR Cup Series race at Dover rained out, moved to Monday He appeared in December on WWEs Monday Night Raw program and won the 24/7 championship (he lost the belt later in the night). The Daytona 500 is the sports most lucrative race and usually draws a large purse. Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number Who is the highest paid sprint car driver? - TeachersCollegesj 22 Ford for Team Penske. Outsiders have to guess the prize money which depends on many facts. 6 Ford Mustang, he finished 20th in the Dover International Speedway race. Salaries for NASCAR drivers range from $20K to nearly $600K, according to salary tracking sources. In the NBA, NFL, MLB and NHL, the top ten or twenty earners throw the averages out of whack. Their earning potential is based entirely on their driving and their marketability. Johnson is Nascar's highest-paid driver for the second time in three years. 89744, We support responsible gambling. Richard has covered betting at Bleacher Report, Gambling.com, The Game Day, Forbes, and more. Each NASCAR team has its own set of sponsors and gets an imprint on a designated car. The NASCAR is an American auto racing authorizing and operating company that is best known for stock car racing. So ideally, the more races they win, the more they make and the more endorsement deals that come pouring in. sport; therefore, you should be on your toes always to find the money for it, Racing Recent estimates put his annual endorsement earnings at $1.7 million. There is also an F2 and F3 racing division for any driver who isnt ready to be an F1 driver. Before knowing how much money does a Nascar driver make per race, Joey Logano came away with $1.58 million in 2015, the last race before NASCAR stopped publicly. That said, we can make a rough estimate based on numbers from previous races. How Much Do NASCAR Drivers Make - Who Earns the Most? | TSR Races will be covered by USA Network, which takes over for the now-defunct NBCSN which is happening forthe first time in throughout the whole seasons. How much more revenue does the NFL make than NASCAR? The 46-year-old finished in seventh place driving his No. Prize Money: Usually tiered like the system in Class A. As per the Nascar data Teams will pay base cash bonuss for finishing position as they are trying to get in the top 25. Bubba Wallace is a NASCAR driver who has a wife named Amanda Carter. 45 Toyota. However, it's not difficult to narrow down the winning driver's earnings for the event. More important to his wallet: No driver sold more licensed merchandise than the 24-year-old. was the second time in three years that Johnson was named as the highest-paid How Much Do Race Car Drivers Make - CarProClub.com Compensation for Merchandise: Can be anything. Motorsport 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. A few different factors go into account when it comes to how much a driver is paid.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'motorracingsports_com-banner-1','ezslot_6',114,'0','0'])};__ez_fad_position('div-gpt-ad-motorracingsports_com-banner-1-0'); The main factors are driver merit and skill, race record, longevity in the sport, and marketability. In NASCAR, only broadcasting rights are considered in the revenue sharing formula. Last season, the NFL made $14 billion in total revenue, which was over $900 million more than they made the season before and a $6 billion increase from 2010. Driving a No. 51, his sponsors include Toyota, M&M, Skittles, Pedigree, and Snickers. number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, The salaries of NASCAR drivers vary depending on their status - amateur or professional - and on winning; the winner obviously. Here are NASCARs top nine driver salaries: Its always an eye opener when youre out of rhythm You see just how important that aspect is in racing. Kyle Busch, driver of the #18 M&M's Toyota celebrates winning the Monster Energy Championship at [+] Homestead-Miami Speedway in Homestead, FL. Compare that to a big NBA star like LeBron James. Since 2016, race purses and prize money information havebeen private, leaving fanscombining guesswork, outdated numbers and rare peeks behind the curtain to glean information about the economic picture of the sport. 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. affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various Though the total amount of NASCAR sponsorship money is difficult to calculate, it is interesting to note that nearly half of Fortune 100 companies invest in the racing league, and more than one in four (28%) of Fortune 500 companies invest in NASCAR. Elliott was named Nascars most popular driver for the second straight year in 2019. The drivers who create most of the TV ratings naturally get more sponsor dollars. In 2022, the total purse was rumored to be around $24.6 million with possibly 1.5 to 2 million for winning the Daytona 500. Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation. and experienced. The 26-year-old won the first NASCAR Cup competition of 2022 at the rescheduled Dover International Speedway race. First, we will go over a few side-by-side comparisons between NASCAR and the NFL so those who arent as familiar with one or the other sport can get a better idea of how each is conducted. Continue with Recommended Cookies. If you are a beginner, you can earn an annual income in five figures. He earned $17.5 million in 2018 by Forbes ' count from his Hendrick Motorsports salary and his cut of winnings and. When it comes to team worth between the NFL and NASCAR, its the difference between billions and millions with football being the clear winner. Rediscovering NASCARs popularity by creating newer (and younger) fans is not only the key to making the sport of racing in America more lucrative, it is critical to its survival. of The winner of it will win bragging rights over the other drivers on the circuit and will also position themselves for a great start to the season. And if a driver has a good combination of skill and sponsorship, they can make a good salary. 70+ KPIs per store . The 2015 winner, Joey Logano, earned about $1.6 million, approximately 8.8 percent of the total purse. Premium Statistic NASCAR drivers with the most social media mentions during the playoffs in 2019 . For NASCAR races, the average ticket price starts at $19, making it a far more affordable outing. Adding up median salary, race winnings and endorsement money puts the median NASCAR drivers total pay up over $5 million per year. Logano remains the youngest winner in Cup Series history with his 2009 victory at New Hampshire Motor Speedway a month after his 19th birthday. | 29 April, 2023 | Grant Mitchell. NASCAR did reveal the record-setting purse for the Daytona 500 in 2020. Keselowski won the 2012 Cup championship and has won 30 victories in the premier NASCAR series so far with three wins in 2019 alone. Save my name, email, and website in this browser for the next time I comment. Top five Highest-Paid NASCAR drivers in 2022: A new up and coming NASCAR driver can earn anywhere between $100,000 and $300,000 as a base salary and another $200,000 in prize money. The win saw his earnings skyrocket to a whopping $11million, out of which around $1.4million was in the form of endorsements & licensing, while the rest was through his earnings. to racing using real vehicles in amateur races; try off-road vehicles for best The top three highest-paid NFL athletes are all quarterbacks the biggest salary going to Aaron Rodgers for the Green Bay Packers, who makes an average salary of $33.5 million. In 2022, women earned an average of 82% of what men earned, according to a new Pew Research Center analysis of median hourly earnings of both full- and part-time workers. The 31-year-old earns $9,000,000 annually driving the No. Can The Math Game Help The Denver Nuggets Beat The Phoenix Suns? 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. It's next to impossible to know exactly how much the winner of the Daytona 500 will make. NASCAR racing teams ranked by team value in 2019 (in million U.S . these names while answering this question. Below, we will discuss how much NASCAR pit crews make by . He drives a No. Cowboys O-Line Target Steve Avila of TCU Drafted by Rams races stand at a staggering $17.5million, out of which, $14million is from his America’s Preference: the NFL or NASCAR? The Daytona 500 is called the Super Bowl of NASCAR races, and it is estimated that it is responsible for about $2 billion annually added to the state of Floridas economy. 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. She is African American, and their marriage has brought attention to issues of diversity and inclusion in NASCAR. earnings and the rest from endorsements & licensing. Joey Logano finished first and got a higher $1,586,503. Kurt Busch drives for team 23XI Racing. But he landed in a similar spot than a lesser-known racer thanks to his agreement with the company. Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a The table below shows the change of a few median numbers over time. (CO, The purse earnings depend on merchandise sales, sponsorship deals, broadcasting rights, and more. cars are usually driven at a speed of around 200miles per hour; so, you need to He races for the Joe Gibbs Racing team and earns $10,400,000, making him the fourth highest-paid NASCAR driver. interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery 1. However, if you are a professional, you can earn millions of dollars every year. The #1 highest paid NASCAR driver is Dale Earnhardt Jr. Earnhardt made $23.6 million in 2015. Lets start by comparing each leagues revenue. In 2021, Kyle Larson took home the highest earnings of the NASCAR season and was the winner of consecutive races in the playoffs, ultimately leading to him winning the Cup Series Championship. His sponsors are Kohler Generators, Fastenal, Violet Defense, Castrol, Wyndham Rewards, and Solomon Plumbing. The base salary of the run-of-the-mill NASCAR driver in 2006 was an impressive $917,669. Being a middling NASCAR driver can make a team millions if they have the right combination of skill and sponsorship. In other words, in a group of ten people were nine make $60,000 a year and one is LeBron James, the average salary would be $2.3 million while the median is a far more descriptive $60,000. link to Is NASCAR Racing Profitable for Teams? I'M NOT . If you feel like you're losing control over your gambling experience, call Next in line is Joe Gibbs Racing, which had a team value of $220 million in 2016 with annual revenue of $131 million. Kyle Rowdy Busch hopes to add another first to his Nascar rsum at the Daytona 500 on Sunday when he makes his latest bid to win The Great American Race for the first time after 14 misses. Leading up to the 2020 Daytona 500 was setat a mind-boggling $23.6 millionbefore the race a record for the sport and the first time that a purse was recorded in over five years. The NFL hasnt done much to reach international audiences, and thats one of the factors that are hurting its overall numbers. NASCAR Cup Series race at Dover rained out, moved to Monday As a result, the specific numbers behind the associations are lost to even the most devoted fans. That includes race winnings, salary, merchandise royalties and endorsements. It Once you earn the trust of sponsors, you can get them to fund your races before you grow to a level where you can invest in your own car. Of the $14 billion that the NFL made last season, mostly from national media deals, they distributed more than half of it to its individual franchises. Teams rarely have up to four drivers, but it does mean NASCAR could employ 68 drivers at a time, and a NASCAR race has 40 drivers at a time. Bowyer, who turns 41 in May, has won only two races over the past seven years. second category is where the professional racers belong to. Does Danica Patrick's Net Worth Make Her The Richest NASCAR Racer? know that racers are classified into two categories. Jacob Camenker is a senior content producer at The Sporting News. Given that NASCAR hasn't announced a historic purse in the two years since 2020, it's safe to assume that the winner would pocket between $1.6 million and $2 million. For instance, Kevin Harvick finished second in the Daytona 500 in 2015, giving him $1,157,195 in prize money for the event. Of course, the winning driver also makes a more-than-decent chunk of change by winning the event. The 41-year-olds sponsors are Bass Pro Shops and Resers Fine Foods. There are less and less NASCAR race fans emerging in America and until that is fixed there is no sense in spending a lot more money trying to make it popular worldwide. Nascar Driver Salary | Comparably Primarily sponsored by Hendrick Automotive Group, the 29-year-old earns $8,000,000 annually. possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account The average NFL salary is more than double the median. Copyright 2023 Endgame360 Inc. All Rights Reserved. with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by Those days are long gone. Race will be followed by the Bluegreen Vacations Duel qualifying races, and the 64th running of the Daytona 500 on February 20 at Daytona International Speedway. included the commissions he earned from winning & licensing apart from his Under the charter system that was established in 2016, NASCAR Cup Series events can have up to 40 cars in the field. While top-tier drivers in the Cup Series can earn millions of dollars annually, drivers in lower-tier series or those with less experience may earn considerably less. him, Hamlin earns a decent $1.5million from endorsements and $12.5million in consistency in racing. per race, in this case, is in millions, because the racers are highly talented The 2022 NASCAR Cup Series will be the 74th season for NASCAR professional stock car racing in the United States and will be the 51th season for the modern-era Cup Series. Daytona 500 purse, payout breakdown: How much prize money will the winner make in 2020. Back by popular demand, we continue our series of in-depth comparisons between the National Football League and all the other American professional sports leagues, this time by examining how the National Association of Stock Car Auto Racing (NASCAR) measures up to the NFL (click here to see the NFL vs. NBA, MLB, NHL, MLS, and UFC). Schools such as the Sports Star Club of America and the Nascar Technical Training Institute give you enough technical and automotive skills to participate in a Nascar race. It has to do with the sport's charter system, which guarantees revenue to 36 of the 40 cars in each field. The typical driver makes over $1.5 milliona year. Top 10 Richest NASCAR Drivers.

What City In Tennessee Has The Highest Crime Rate?, Articles H