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 makes their early earnings in the. One other drawback to NASCAR is the low number of drivers. For comparison, how much do NFL announcers make? 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. When it comes to NASCAR jobs, where does all that fuel, er, money go? NASCAR pays an average salary of $40,750 per year, or $19.59 an hour. She earned a total of $13.8 million from all sources in 2015. 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. How many haulers does a NASCAR team have? NASCAR drivers also make money from winnings, endorsements and merchandise money. How much does a Race Car Driver make? Coming to the actual NASCAR Pit Crew Members', they get paid as per their precise and quick work during racing day. That year, Dale Earnhardt. Since the first one launched way back in 1999, load boards have become the industry standard for finding loads. How much does a Driver make at Uber in Toronto, ON? The 10 top-earning drivers made $116 million combined last year from salaries, endorsements and their share of race winnings and licensing revenue. 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. The highest paid female driver is Danica Patrick. The typical NASCAR driver makes $5 million a year from all sources. An NASCAR-grade impact wrench can cost upwards of $4,500. Yet it is clear that NASCAR drivers do not make more money than Formula 1 drivers. Our work never stops and we're as determined as ever. At the top of NASCAR racing this can amount to millions a year. What does the red exclamation mark mean on the Common App? The drivers who create most of the TV ratings naturally get more sponsor dollars. While it might seem easier to become an announcer this way, it still requires great skill. 5. The home improvement chain signed on as primary sponsor of the No. What is the Most Expensive Fish You Can Eat? While there are substantial risks to racing (Dale Sr. died on the race track), the pay is still impressive. Party Bus Driver. 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. NASCAR is clearly gearing towards younger racers, while older drivers find themselves in the Craftsman Truck Series. The 2015 Cup champion won his 200th race this year combined across Nascar's top three race series. 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. Getting an internship with NASCAR and passing the test to obtain the competition license can be the possible road ahead. The higher a driver places in each race, the more money they get to take home. 46. . 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. Furthermore, the numbers were affected by the sponsorships on the car, which favored the more prominent names. Truex finished second in the 2018 Cup standings but lost his ride when Furniture Row ceased operations. He backed it up with a June win at the Michigan International Speedway. 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. Salaries for NASCAR drivers range from $20K to nearly $600K, according to salary tracking sources. Compare that IndyCar winner's annual pay to what Miami Heat star LeBron James takes home for an 82-game season: $17,545,000. Having said that, a NASCAR Truck Series driver can pocket. Harvick's No. So what gives? What are the highest paying trucking jobs? How does your salary place among these racers? NASCAR pays the lowest earners $18,000 a year, while the top 10 percent are paid over $88,000. Why median instead of average? Averages fall prey to being bent out of shape by the biggest numbers in the field. This is why a 12th-place finisher could theoretically make more than an 11tth-place one. 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. 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Hunt tradition since 2001, where we celebrate our company drivers who have reached one million accident-free miles it takes an estimated 10 years to reach one million miles. At this point, its pretty evident that winners are the only drivers who earn a consistently high salary. But in NASCAR, the cars are modified from existing chassis to hit the fastest speeds possible. Why? 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. The table below shows how the median drivers pay breaks down by category. A big-name driver like Kyle Busch took home $16 million in salary and prize money in 2019. How much does a NASCAR truck team cost? 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. The table below shows median NASCAR pay by year. 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. It is no secret that some NASCAR drivers are multimillionaires. Check out our post here on how much money MLB players make, or this post about Dale Earnhardt Jr.s net worth. (Video) HUNTING NASCAR DIECAST JR'S HAULER! The haulers that transport the car cost approximately $400,000 each and are replaced every five years. While NASCAR has been pretty quiet about the truck series. Of course, many NASCAR announcers have income from other sources, especially if they're former drivers. The lowest paid driver is Corey LaJoie earning $200,000 per year. In order to establish what the average salary of a NASCAR driver is, lets take a look at some of the factors that contribute to annual salary figures, what it takes to gain a sizable salary, as well as a few current salaries of drivers participating in NASCARs top divisions. Old number 43 is not exaggerating. Compare that to a big NBA star like LeBron James. No Charge. 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. And, to be fair, it was never really replaced. The top ten 2021 drivers earnt on average 10.4 million dollars. 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. So while thetypicalNASCAR driver makes more money than players in other sports, the same cant be said for the top earners. 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 8. Minimum two years previous experience as an over-the-road driver. If you want to become a NASCAR announcer, you'll want to learn some tips about the best path to that position. It's a question commonly asked by fans of the sport. Ingersoll Rand sells the $1500 gun exclusively to professional race teams. 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. For LeBron, his per-event pay was $213,963 in 2012. How many miles per gallon do NASCAR cars get? He'll have to keep winning until 2031 to top Busch provided Busch's streak does . Even pro golf manages to fit in 241 players. It was good for those of us who drove during those times, but those kinds of salaries are a fantasy today. Do you remember when we mentioned how critical experience is? First, NASCAR drivers are paid a salary by their teams. How much does a tire changer make on a NASCAR team? Kyle Busch is the highest-paid NASCAR driver, with an estimated annual salary of over $16,900,000. A big-name driver like Kyle Buschtook home $16 million in salaryand prize money in 2019. The lost star power has dented viewership but has given team owners a chance to reset the salary structure in the sport. 51. I drove 35 years and didnt take in but $7.5 million dollars. Give it a spin with our salary calculator. Johnson is Nascars highest-paid driver for the second time in three years. (Video) Inside a NASCAR hauler with Aric Almirola | Beyond the 10, (Video) Racing on the Job: NASCAR Team Hauler Drivers, (Video) Return of the Hauler Driver: Stories of NASCAR Returns, Episode 4, (Video) Life On The Road: How BK Racing Haulers Get To And From NASCAR Races. The base salary of the run-of-the-mill NASCAR driver in 2006 was an impressive $917,669. 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. This is a list of the top earners: Dale Earnhardt: $22 million. Deals that were once done on a handshake will now be penned via a three-year contract by a professional human resources coordinator.. On top of that, Lewis takes home a portion of the purse from any races he wins during a season. It took me 15 years to win the first million. 16 Ford Fusion is Greg Biffle, one of the richest NASCAR drivers in the game. Unlike F1, the Nascar car doesn't have paddle shifters (F1 drivers press the pedals and the computer will do the work). Therefore, the maximum penalty would be 40 pounds. Top paid NBA, MLB and NFL players generally earn about twice the total money of a NASCAR driver in the highest salary bracket. 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. The gas cans used to refill cars hold 11 gallons each and weigh about 70 pounds when full. These guys get to do their work in the comfort of a shop in between the actual races. The first column contains driver salary. 3. Owning a NASCAR team can be expected to be a very hefty investment. Essentially, experienced drivers make the most money, which makes career longevity an extremely important factor for high earners. And, the NASCAR drivers also earns money from winnings, merchandise money and endorsements mainly. You add the endorsement money to that, and the figure is anything but shabby. It comes on the heels of Fox Sports posting a 2% ratings increase compared to 2018 for its first-half race schedule. Do NASCAR drivers pay for their own cars? Through the purse split, the winner, on average, takes home $47,500 a race while the loser makes close to $8,500. 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. Crew chief Mike Shiplett has been fined $100,000 and suspended indefinitely. The finances of motorsports are highly complex and, in some cases, can be confidential information. Various sources report that announcers employed by NASCAR make just under $40,000 per year . The desire part is easy. Drivers are paid on their merit, records, and longevity in the sport. 10. Private Fleet. A moderately successful race car driver in a top series like NASCAR or Formula 1 makes between $100,000 and $1 million per year. Surprisingly, NASCAR drivers make more money than players in any organized professional sport except the NBA. The specialized NASCAR fuel is Sunoco Green E15, a 98 octane, unleaded fuel blend specifically engineered for high-performance engines and race cars. This is the equivalent of $1,086/week or $4,707/month. How much horsepower does a NASCAR Truck Series truck have? 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. This allows the focus to be on the driver and their skill. NASCAR drivers also make money from winnings, endorsements and merchandise money. For those with talent, it's a natural, step-by-step process. 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. Whatever the numbers are, driving is a lucrative sport for those who are good enough to break into the front, and the pay of those who arent isnt too shabby, either. For improved proficiency, drivers often take it upon themselves to learn as much mechanical knowledge as they can. Hamlin has personal endorsement deals with big brand names Coca-Cola and Nike's Jordan Brand. God bless data. Like many professional athletes, NASCAR drivers work 50 to 60 hours a week. Take a look at the data below. Also see:How Much Money Do Pro Golfers Make? 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. 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