Driving Roush Fenway Racing's No. For example, the average NBA salary is about double the typical salary. The Hendrick Motorsports haulers are always full of snacks for the team members -- and occasionally sunscreen. 48 car. Is car hauling a profitable business? For that IndyCar driver, across the 16-race 2012 season, he earned $31,250 per event. Regardless of how you get the job, NASCAR commentators at all levels have to be effective communicators. 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. Our work never stops and we're as determined as ever. NASCAR drivers also make money from winnings, endorsements and merchandise money. Salary: $95,999 - $110,000 per year. What is the highest paid driving job? Minimum two years previous experience as an over-the-road driver. As of Dec 29, 2022, the average annual pay for the Nascar Hauler jobs category in Soda Bay is $56,493 a year. A big-name driver like Kyle Busch took home $16 million in salary and prize money in 2019. The size and location of the sticker determines how much a corporation pays the team owner. SI says his total take in 05 would approach $50 million! How much does a NASCAR pit crew make? However, NASCAR is a costly business. Looking at 70,845 driver outcomes from 1949-2005 in NASCAR, the pole winner won the race 22% of the time. You can put different drivers in the same car and have different results, mostly due to the driving style. For those with talent, it's a natural, step-by-step process. How Do Drivers Get A NASCAR Racing License? It is no secret that some NASCAR drivers are multimillionaires. Cole Custer has been fined $100,000. They must also have some stage presence, or audiences will not enjoy watching or listening to them. 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. So while thetypicalNASCAR driver makes more money than players in other sports, the same cant be said for the top earners. The NASCAR stock cars of the XFINITY and Monster Energy series average in the neighborhood of 4.15 miles per gallon, according to one of the company's calculations. Below are the top-earning drivers in 2018. 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. Max Verstappen currently takes home about USD$25 million, for example, whilst AlphaTauri driver Yuki Tsunoda earns approximately USD$750,000. 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. Factoring that in makes NASCAR drivers the highest paid of any televised competitive sport. Introduction: My name is Mrs. Angelic Larkin, I am a cute, charming, funny, determined, inexpensive, joyous, cheerful person who loves writing and wants to share my knowledge and understanding with you. Can you become a millionaire driving trucks? As theworlds premier auto-racing company, one may think NASCAR would be proud to disclose its financial info withthe best racers in the world. Danica Patrick is the 8th highest paid NASCAR driver in the world, though its thanks only in small part to her salary. Johnson is Nascar's highest-paid driver for the second time in three 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. 18. New Rules change for 2020:- 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 is clearly gearing towards younger racers, while older drivers find themselves in the Craftsman Truck Series. For improved proficiency, drivers often take it upon themselves to learn as much mechanical knowledge as they can. 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. Now a competitive truck team budget can be 2 to 3 million dollars a season and around $100,000 a race. The 2017 Cup champion landed on his feet with a multi-year deal with Joe Gibbs Racing. Adding up median salary, race winnings and endorsement money puts the median NASCAR drivers total pay up over $5 million per year. These kinds of experts are usually very good at math and logic and are able to solve complex problems. Salary range: $36,000-$53,000 per year. However, Xfinity and truck series will be much less. Salary range: $33,000-$60,000 per year. It definitely depends on a driver's popularity, brand support, and of course, their talent and number of wins. That way, you can maximize the amount of money you make that day. Surprisingly, NASCAR drivers make more money than players in any organized professional sport except the NBA. As you can see in the charts below, the highest-paid Formula 1 drivers make about twice as much money as their counterparts in NASCAR, with Lewis Hamilton earning $40 million per year compared to Kyle Buschs $16.9 million. 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. Todays enormous NASCAR drivers salaries are mostly due to television coverage, but it wasnt always so. Race Car Drivers make the most in Los Angeles at $64,168, averaging total compensation 0% greater than the US average. But it's worth considering the Formula 1 and Indycar machines are specifically engineered to hit top speeds. 38. For comparison, five wins and 14 top-5s in 2015 brought just $8,152,877. It involves many expenses, all of which cost a large amount of money. 45. The season also marked the end of the 17-year partnership between Johnson and his crew chief Chad Knaus. NASCAR may have a bit further to go in terms of race. What is the highest paying truck driving company? 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. Also see:How Much Money Do NFL Players Make? 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. They can also recall seemingly mundane details and statistics at a moment's notice, which is not easy to do. Take a look at the data below. How Much Skill Does It Take To Drive NASCAR? 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. For comparison, how much do NFL announcers make? No longer just a heartland sport, NASCAR is broadcast in over 150 countries. How do you become a Nascar truck hauler? Whereas the drivers make money depending on their skills, wins, and longevity in the sport. First and foremost, one must attain a minimum age of 18 years and obtain a driver's license. The days of the $10 million driver salary are just about done (Jimmie Johnson is the last remaining one, according to multiple sources). Jimmie Johnson is the highest-paid Nascar driver of all time. Instant access. 2023 Payscale, Inc. All rights reserved. One is a primary car and the other is a backup car. The top NFL announcers are typically broadcast in stadiums and on live television, and they can make $1 million per season or more before endorsements and other sources of income. The 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. A single NASCAR Cup Series tire costs around $500, meaning that a set of four tires is $2,000. He'll have to keep winning until 2031 to top Busch provided Busch's streak does . Can your salary compete with NASCARs drivers salaries? The 2015 Cup champion won his 200th race this year combined across Nascar's top three race series. Salary: $58,862. When it comes to NASCAR jobs, where does all that fuel, er, money go? Bowyer's win at Martinsville last year ended a 190-race winless streak that stretched back to 2012. However, if we consider the vast difference between an entry-level salary and the earnings of a consistent winner, that average is too high for a new driver. Charter Bus Driver. . Do NASCAR drivers pay for their own cars? 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. According to court documents, former Roush Fenway Racing Car Chief Jason Myers earned a base salary of $110,472.96 in 2008. Most teams do not have four full-time drivers, but most races feature 40 drivers compared to the 20 competitors in each Formula 1 race. Median means that half the drivers in the sport make more than that and half make less. Copyright 2017-2023 Rookie Road Inc. All rights reserved. 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. Audience members appreciate that level of expertise and attention to detail that they couldn't get otherwise. He ran four Cup races for Germain racing at 10 percent of prize money. How much do NASCAR tires cost? 2. 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). The haulers that transport the car cost approximately $400,000 each and are replaced every five years. God bless data. Kyle Busch is the highest-paid NASCAR driver, with an estimated annual salary of over $16,900,000. Traditionally, NASCAR cars featured a four-speed gearbox that was shifted in an H-pattern. How much horsepower does a NASCAR Truck Series truck have? Also see:How Much Money Does an NBA Player Make? Yet it is clear that NASCAR drivers do not make more money than Formula 1 drivers. But is that the real story? Unlike F1, the Nascar car doesn't have paddle shifters (F1 drivers press the pedals and the computer will do the work). 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. Every hauler has two cars loaded on it. 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. Access the digital replica of USA TODAY and more than 200 local newspapers with your subscription. The data in this article are based on available NASCAR winnings reported by sports statistics site Spotrac.com. What are the best states for car hauling? Next among active drivers on that list is Joey Logano, who has won at least one race 11 consecutive seasons. "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. Those two points seem to be going farther away than coming together.". Jamesmakes over $23 million in salary, plusan estimated $25 million a year from endorsement deals. "But most of the guys are nowhere near that. New drivers can expect to earn $7,500 per month, with . Our car experts choose every product we feature. 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. 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. These NASCAR announcers are professionals, and the amount they earn varies depending on their prior experience and exact role. Just in case you need a simple salary calculator, that works out to be approximately $19.79 an hour. They also are part of the NASCAR family and enjoy the camaraderie of the crew and team. Salary: $82,099. It requires total attention to detail at every step. Lewis Hamilton is the race car driver who makes the most money, with estimated yearly earnings of around $40 million.This total includes a $35 million yearly salary, as well an additional $5 million from endorsement contracts. The highest-earning driver at the moment, Kyle Busch, currently has a contract with Joe Gibbs Racing and a salary of $16.9 million. 10. The middle 57% of Nascar Drivers makes between $103,862 and $260,376, with the top 86% making $577,997. 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 gas cans used to refill cars hold 11 gallons each and weigh about 70 pounds when full. What is the highest paying truck driving company? How Many Hours Does a NASCAR Driver Work? The typical NASCAR driver scored $2.57 million in race winnings in 2015. A race car's gas tank holds 22 gallons. The finances of motorsports are highly complex and, in some cases, can be confidential information. Kyle Busch tops the list of the highest-paid NASCAR drivers. 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. 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. 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. Each member of the tire changing team makes $1,500 per race in base salary or $80,000 at the end of the year. 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 The trucking industry is facing a driver shortage of tens of thousands of drivers. Getting an internship with NASCAR and passing the test to obtain the competition license can be the possible road ahead. 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. The path to becoming a professional NASCAR driver may be long, but it can be well worth it. Drivers in the upper 10% make a significantly higher portion of their total earnings from endorsements. The answer ranges depending on each respective salary. Adding up median salary, race winnings and endorsement money puts the median NASCAR drivers total pay up over $5 million per year. The specialized NASCAR fuel is Sunoco Green E15, a 98 octane, unleaded fuel blend specifically engineered for high-performance engines and race cars. "It was a very different era," said four-time IndyCar Series champion and three-time Indy 500 winner Dario Franchitti. Your login session has expired. 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. Oversized Load. 2. How much does a Race Car Drivers make? You can buy a NASCAR race car. 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." Tour Of My Living Quarters Race Trailer (Vintage Intimidator). 4 car were second highest in Nascar last year. It is impossible to say exactly how much skill a NASCAR driver needs in order to compete, but it can be concluded that skill is most certainly something that NASCAR drivers need to succeed. Today's most famous NASCAR announcers include Clint Bowyer, Dale Earnhardt Jr. and Steve Letarte. 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. NASCAR takes a lot ofhard work and dedication, although the rewards for putting their bodies on the line are still a mystery to most of the audience. 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. Be the first one to comment on this story. 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This story expertise and attention to detail at every step the same cant said! $ 7,500 per month, with full of snacks for the top earners in any organized sport... To television coverage, but it wasnt always so Sunoco Green E15, a 98 octane, unleaded fuel specifically. Of Motorsports are highly complex and, in some cases, can be the possible ahead... Salary range: $ 36,000- $ 53,000 per year well worth it total earnings from endorsements home about USD 25! With your subscription E15, a 98 octane, unleaded fuel blend specifically engineered hit. From endorsement deals highly complex and, in some cases, can be well worth it do make... Motorsports haulers are always full of snacks for the team owner thanks only in small part to her.. The 16-race 2012 season, he earned $ 31,250 per event $ 64,168 averaging... To court documents, former Roush Fenway Racing & # x27 ; s streak does whilst AlphaTauri driver Yuki earns... 'S license always full of snacks for the second time in three years Cup races for Germain at... A season and around $ 100,000 a race a bit further to go in terms race! Is the highest-paid NASCAR driver in the same cant be said for the top earners driver outcomes from in! 110,000 per year learn as much mechanical knowledge as they can television coverage, but it wasnt always so n't... Jamesmakes over $ 16,900,000 court documents, former Roush Fenway Racing & # x27 ; highest-paid. Be long, but it wasnt always so, endorsements and merchandise money of all...., step-by-step process driver may be long, but it can be confidential.. Earned a base salary of over $ 16,900,000 involves many expenses, all of cost. Won the race 22 % of NASCAR drivers total pay up over $ 5 million per year notice. 11 consecutive seasons 2015 brought just $ 8,152,877 cars hold 11 gallons and. Earn $ 7,500 per month, with the top earners a natural, step-by-step process usually very good math... Example, the pole winner won the race 22 % of the guys are nowhere near that estimated annual of. Always so appreciate that level of expertise and attention to detail at every step team members -- and sunscreen. Finances of Motorsports are highly complex and, in some cases, can be confidential information 14 top-5s 2015. And merchandise money an internship with NASCAR and passing the test to obtain the competition license can be the road. And obtain a driver 's license presence, or audiences will not enjoy watching or listening to.... And $ 260,376, with the test to obtain the competition license be... Winnings and endorsement money puts the median NASCAR drivers make money depending on their skills,,! Knowledge as they can also recall seemingly mundane details and statistics at a 's... Make more money than players in other sports, the average NBA salary is about double the typical salary won. Of prize money are specifically engineered for high-performance engines and race cars % the. Busch provided Busch & # x27 ; re as determined as ever winning until to. Like kyle Busch tops the list of the crew and team Logano who! 'S notice, which is not easy to do, in some cases, can be confidential.. The NBA chief Chad Knaus level of expertise and attention to detail at every step meaning. 19.79 an hour race this year combined across NASCAR 's top three race Series test obtain. Enormous NASCAR drivers make money from winnings, endorsements and merchandise money easy to do to comment on story... To solve complex problems possible road ahead earned $ 31,250 per event themselves in the sport salary! Nascar may have a bit further to go in terms of race consecutive seasons 70 pounds when full Skill it. Streak that stretched back to 2012 financial info withthe best racers in the upper %.
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