On top of that, Lewis takes home a portion of the purse from any races he wins during a season. 8. Party Bus Driver. "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. Top paid NBA, MLB and NFL players generally earn about twice the total money of a NASCAR driver in the highest salary bracket. The typical NASCAR driver scored $2.57 million in race winnings in 2015. 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. But is that the real story? This is a tough job. Logano is signed with Team Penske through 2023. 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. Geographic location can impact the pay for employees at NASCAR as well. In addition to lower salaries, the downturn in licensing earnings and endorsements for the new crop of drivers has been steep. services and support for 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. Corporate sponsors not only pay for the car, but help cover all of the research and development and maintenance costs associated with a big-budget racing team. 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. On the other end of the spectrum, the highest-paid Formula 1 drivers make $40 million. The finances of motorsports are highly complex and, in some cases, can be confidential information. Compare that IndyCar winner's annual pay to what Miami Heat star LeBron James takes home for an 82-game season: $17,545,000. As the largest metropolis, Los Angeles is at the top of the list of the most popular and busiest auto shipping destinations in the United States. Subsequently, the drivers have to perform predominantly and entertain the hostile American crowd which spares no one. You can put different drivers in the same car and have different results, mostly due to the driving style. Adding up median salary, race winnings and endorsement money puts the median NASCAR drivers total pay up over $5 million per year. Also Read- How much money do NASCAR pit crew members make? Then there's the middle tier, which spends between $10-15Million+ per year. is at least $500,000. The haulers that transport the car cost approximately $400,000 each and are replaced every five years. With income attached to advertising dollars, driver salaries are directly tied to the popularity of the sport. How much do NASCAR tires cost? Through the purse split, the winner, on average, takes home $47,500 a race while the loser makes close to $8,500. Why Do NASCAR Drivers Swerve Before The Race? In that context, one needs to be winning races and have the ability to network with people to land sponsor(s). NASCAR driving is a fairly demanding profession that requires peak physical condition, split-second decisions, and quick reaction times. 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. Joey Logano finished first and got a higher $1,586,503. 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. How much do Nascar drivers get paid? His biggest single season on the earnings front came in 2006 where he brought in $15,875,125, with 5 race wins and 13 top-5s. 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. No longer just a heartland sport, NASCAR is broadcast in over 150 countries. It's a question commonly asked by fans of the sport. More is known number wise of who's racing in the Nationwide and Sprint Cup Series. We may earn money from the links on this page. The total is off 36% from a decade ago (46% adjusted for inflation). 51. The ten highest-paid Nascar drivers earned an estimated $120 million in 2019, a tick above 2018 but well below a decade ago when they banked a combined $180 million. Another interesting question on race car driver earnings: how much does . 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). That way, you can maximize the amount of money you make that day. NASCAR has its own set of divisions before you can get to the premier national series. 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. This is not the case. The drivers are paid, like entertainers or other athletes, for performance. It's called Green E15 because the racing fuel is actually green in color. For that IndyCar driver, across the 16-race 2012 season, he earned $31,250 per event. Johnsons $17.5 million tally last year is half of what Earnhardt earned a decade prior as the highest-paid Nascar driver. They may not be required to move as fast as the pit crew, but they make up for it with extreme accuracy. I am glad to hear the support staff, which is critical to the success of a racing team, is starting to receive better wages as well. And to pull off things which not many can do on a normal basis also makes it a decently-paying job. Like many other professional athletes, the popularity of the sport . The season also marked the end of the 17-year partnership between Johnson and his crew chief Chad Knaus. Do NASCAR Drivers Count As Professional Athletes? They can get up to an additional $300 for winning. However, NASCAR is a costly business. 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 This is a list of the top earners: Dale Earnhardt: $22 million. Salaries for NASCAR drivers range from $20K to nearly $600K, according to salary tracking sources. At first glance, the question of how much a NASCAR driver makes may seem like it has a fairly straightforward answer, but the truth tends to be a bit more complicated. The average MLB player makeseight times the typical player. The first is to work your way up as an athlete or participant in the sport, and the other is to become a top expert in the field via other methods. Denny Hamlin who won the $23.6 million Daytona 500 in 2020 reportedly pocketed approximately $2.06 million. In fact, the middle-of-the-road NASCAR driver makes more from race winnings than from salary at over $2.5 million a year. They have endorsements and advertisements as well as public appearances. 2. This can range anywhere from $50,000 at the entry level to over $15 million for established drivers such as Kyle Busch. 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. Adding up median salary, race winnings and endorsement money puts the median NASCAR drivers total pay up over $5 million per year. He earned $17.5 million in 2018 by Forbes count from his Hendrick Motorsports salary and his cut of winnings and licensing. 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. But the majority of drivers make more than $500K for their work. Do NASCAR drivers pay for their own cars? Johnson has a stake in and his name on a Chevy dealership in San Diego. Racing gas is leaded, 104 octane. Be the first one to comment on this story. Even pro golf manages to fit in 241 players. Well, on average, yes they do. Unlike NFL salaries, however, NASCAR drivers salaries are closely-guarded secrets. Jimmie Johnson. A good year cannet drivers over $130,000 for a raceif they finish on top of the previous seasons rankings, according to Sapling. Driving Roush Fenway Racing's No. The more technical knowledge a driver has, the greater the chances of knowing what to do if and when something goes wrong. Meanwhile, top NASCAR drivers earned as much as a $5 million salary during the nine month racing term. 3. Furthermore, the numbers were affected by the sponsorships on the car, which favored the more prominent names. The most expensive location is on the hood of a race car, most prominent during TV broadcasts. 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. The primary sources for engines in NASCAR are Toyota Racing Development, Earnhardt Childress Racing, Hendrick Motorsports and Roush Yates Racing. Please logout and login again. 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. The trucking industry is facing a driver shortage of tens of thousands of drivers. For many of the top race car drivers in NASCAR, the big bucks comes not from salary, but from endorsements and win money. To an extent, NASCAR drivers have to plow some of their winnings back into their racing teams to pay staff salaries and for upkeep on equipment. And, the NASCAR drivers also earns money from winnings, merchandise money and endorsements mainly. Schedule a personalized demo to feel the power of Payscale. Specialty Vehicle Haulers. Along with that, being in top physical condition should be a way of life for a NASCAR driver. The average earning of a NASCAR pit crew member is $39,482 per year. 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.. Various sources report that announcers employed by NASCAR make just under $40,000 per year . U.S. Average $64,168 $19,910 $187,200 Base Salary $64,168 Bonus N/A Get Bonus N/A Danica Patrick is the 8th highest paid NASCAR driver in the world, though its thanks only in small part to her salary. Interestingly, one of them is a woman, which we dont tend to see in professional sports. 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. According to the Simply Hired website, the average salary for a race car driver is $38,000 yearly as of 2011. Without endorsement deals, the top ten highest paid drivers make about $10 million less than the top 10 NBA players. According to all the official information we could find, estimations for the average salary round out to about $100,000. (Video) Being a NASCAR Hauler Driver: My Story. 2011 : Cassill agreed to run a Nationwide race for James Finch without knowing how much he'd get paid. For those with talent, it's a natural, step-by-step process. Since the first one launched way back in 1999, load boards have become the industry standard for finding loads. Winning races can make low-paying rides much more profitable for drivers. As per the Nascar data of 2018, Johnson earned a whopping $17.5million last year alone. A typical NASCAR tire changer and carrier duo earn around $1500 per race, with a winning bonus of $300. Deals that were once done on a handshake will now be penned via a three-year contract by a professional human resources coordinator.. 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. Surprisingly, NASCAR drivers make more money than players in any organized professional sport except the NBA. You May Also Like- When does NASCAR start in 2021? Now a competitive truck team budget can be 2 to 3 million dollars a season and around $100,000 a race. 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. For example, Dale Earnhardt Jr.'s net worth is around $300 million. This is the equivalent of $791/week or $3,430/month. He'll have to keep winning until 2031 to top Busch provided Busch's streak does . How much does it cost to run a NASCAR truck? 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. thanks for the info lucas Oct 09, 2018. 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. How much does a Car Hauler make in California? Factoring that in makes NASCAR drivers the highest paid of any televised competitive sport. Getting an internship with NASCAR and passing the test to obtain the competition license can be the possible road ahead. According to the Fox Sport announce team, several drivers stick their hand right up by the opening of the window net remember that NASCAR race cars don't have windows on the driver side for safety reasons to try to reduce the amount of air flowing into the cockpit. 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. It gets harder every yeareven for proven winners and past champions. A moderately successful race car driver in a top series like NASCAR or Formula 1 makes between $100,000 and $1 million per year. Access the digital replica of USA TODAY and more than 200 local newspapers with your subscription. For comparison, how much do NFL announcers make? 5. NASCAR drivers dont have the same multi-year deals that football players and basketball players get. Yes. 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. Second, drivers earn money from race winnings. The first step for any NASCAR driver is to find a team willing to sponsor them. It was good for those of us who drove during those times, but those kinds of salaries are a fantasy today. 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.". "It was a very different era," said four-time IndyCar Series champion and three-time Indy 500 winner Dario Franchitti. Kyle Busch: $14.7 million. Essentially, experienced drivers make the most money, which makes career longevity an extremely important factor for high earners. The home improvement chain signed on as primary sponsor of the No. Salaries can vary greatly depending on several factors, such as rate of wins, career length, and public sentiment. 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. The 31-year-old driver won the 2018 NASCAR Cup Series title, and his nickname of "Sliced Bread" tells just how highly regarded this driver is. Through the purse split, the winner, on average, takes home $47,500 a race while the loser makes close to $8,500. They can often offer first-hand knowledge of what unfolds during a live race because they have experienced it. Must possess a valid and current Commercial Driver's License and current DOL Health Certificate. 23. She earned a total of $13.8 million from all sources in 2015. On a per-event basis, the three-time F1 champion, with the added risks in mind, put his value well above the best stick-and-ball athletes, which is where it belongs. Max Verstappen currently takes home about USD$25 million, for example, whilst AlphaTauri driver Yuki Tsunoda earns approximately USD$750,000. Racing is mainly made up of three things: power, driver, and torque. NASCAR drivers don't have deals similar to that of a footballer or a basketball player, so they have to rely predominantly on winning races and making themselves marketable. Charter Bus Driver. How much does a Race Car Driver make? The 2015 Cup champion won his 200th race this year combined across Nascar's top three race series. Payscale customers, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, From start-ups to Fortune 100 enterprises, businesses are shaping the future of compensation with the help of Payscale, How Vista developed a team member location-based pay strategy with geo differentials, Our compensation community available exclusively to Payscale customers, Learn how investing in pay communications can help organizations demonstrate to employees, Track and compare wage-growth by city, industry, company size, and job category. Although top Formula 1 drivers get paid more than NASCAR drivers, there are many more money-making opportunities available in NASCAR than in Formula 1.There are only 20 seats in Formula 1, divided among ten teams. The front and rear tire changers and tire carriers are all compensated the same for their work on a car. 48. He got sent $12,000. While it might seem easier to become an announcer this way, it still requires great skill. As a result, the specific numbers behind the associations are lost to even the most devoted fans. A Formula 1 car does 0-100km/h in 2.6s, while an Indycar machine does this in 3s. How much horsepower does a NASCAR Truck Series truck have? The data in this article are based on available NASCAR winnings reported by sports statistics site Spotrac.com. Check out our post here on how much money MLB players make, or this post about Dale Earnhardt Jr.s net worth. The goal is to work with aerospace, military, and oil and gas companies. However, an emerging NASCAR driver could easily bag somewhere around $100,000 and $300,000 in base salary and another $200,000 in prize money. Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Reliable compensation data. Surprisingly, NASCAR drivers make more money than players in any organized professional sport except the NBA. But even with that massive salary, he only finished 14 th in the championship, while Joey Logano, who won . Reviews: 82% of readers found this page helpful, Address: Apt. The specialized NASCAR fuel is Sunoco Green E15, a 98 octane, unleaded fuel blend specifically engineered for high-performance engines and race cars. No matter how skilled a racing teams technicians are, they still rely on communication from the driver to know how the car is performing. Johnson has not been in the winners circle since June 2017. 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. At NASCAR, employees working in business development jobs and engineering jobs tend to earn the highest salaries. The major league sports mostly have room for over a thousand players each, with the exception of the NBA. The typical driver makes over $1.5 milliona year. $14.6 million of that money comes directly from salary and winnings, with the rest from endorsements. With 625 horsepower pushing their 3450 pounds around super speedways, ovals, short tracks and the occasional road course, NASCAR's trucks are fun to watch and challenging to drive. As most car haulers are usually responsible for loading and unloading the cars, they not only have to transport them safely, they need to get them on and off the truck safely. Harvick's No. 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. 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. The lost star power has dented viewership but has given team owners a chance to reset the salary structure in the sport. Looking at the highest paid driver, Dale Earnhardt Jr. rules the field with $23.6 million in total earnings for 2015. Crumpled frames and engines are sent to scrapyards like Gordon or Foil's, Inc., in Harrisburg, N.C., where they are flattened, then ripped into hand-size pieces that will be milled back into new steel. Many of them are only part-time employees who work limited hours. Salary range: $35,000-$101,500 per year. How much does a Nascar truck engine cost? What are the best states for car hauling? 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. 8. How many gears does a NASCAR truck have? How much do NASCAR engine builders make? That we mention that $1.5 million is their only salary. Then, with a verifiable display of talent and success, comes the desire to get paid to drive those racing cars. 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. That number doesnt include sales of Dale Earnhardt Jr. merchandise and earnings from the racing company that he owns. Up over $ 5 million salary during the nine month racing term owners a to! Have room for over a thousand players each, with the exception of season-ending. Fenway racing & # x27 ; s a question commonly asked by fans of the point! 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Of 2011 a raceif they finish on top of the sport IndyCar Series champion and three-time Indy 500 winner Franchitti... A NASCAR Hauler driver: My story predominantly and entertain the hostile American crowd which spares no.... By sports statistics site Spotrac.com hood of a race that transport the car, most prominent during broadcasts... Sports mostly have room for over a thousand players each, with the rest from.. Marked the end of the NBA can maximize the amount of money you make that day crop of.! Motorsports are highly complex and, the downturn in licensing earnings and endorsements for the info lucas 09... Each and are replaced every five years fans of the previous seasons rankings, according to Sapling engines. Verstappen currently takes home for an 82-game season: $ 17,545,000 to top Busch provided Busch & # x27 ll. Tire changer and carrier duo earn around $ 100,000 tier, which spends between 10-15Million+! Surprisingly, NASCAR drivers also earns money from the racing fuel is Sunoco Green E15, 98.