Kyle Larson's net worth: How much is Kyle Larson worth as of now?

Kyle Larson's net worth: How much is Kyle Larson worth as of now?

Kenneth Mwenda
updated at April 12, 2023 at 8:14 PM

Kyle Larson is a famous participant of the NASCAR Camping World Truck Series, the NASCAR Xfinity Series, and the Monster Energy NASCAR Cup Series. He is one of just two drivers to take home the victory in each USAC (United States Auto Club) car in the same calendar year.

Kyle Larson net worth: How much is Kyle Larson worth as of now?
Kyle Larson celebrates in the Ruoff Mortgage victory lane after winning the NASCAR Cup Series at Watkins Glen International on August 21, 2022 in Watkins Glen, New York. Photo: Chris Graythen
Source: Getty Images

Full-time NASCAR Cup Series competitor Kyle Miyata Larson drives the No. 5 Chevrolet Camaro ZL1 for Hendrick Motorsports. As a part-time JR Motorsports driver, he competes in the NASCAR Xfinity Series in the No. 88 Chevrolet Camaro SS. The article below highlights his driving career in the dirt race and all his achievements.

Kyle Larson's profile and bio summary

Age

30 Years

Residence

Elk Groove, California

Marital status

Married

Current team

Hendrick Motorsports

Endorsements

Target, Chevrolet, Oakley, Credit One Bank, iRacing, Alpinestars

Networth

$12 million

Date of birth

July 31, 1992

Height

5 ft 6 inches (1.68 m)

Former team

Chip Ganassi Racing

Wife

Katelyn Sweet

Children

Audrey Layne, Owen Miyata

Parents

Janet Larson, Mike Larson

Car number team

No. 5 (Hendrick Motorsports)

Weight

135 lb (61 kg)

Education

Pleasant Grove High School

Kyle Larson's personal life

Kyle Larson is of Asian American descent. His grandparents endured time in a Japanese internment camp, and Larson's mother is Japanese-American. Larson is married to Katelyn Sweet, sister to Brad Sweet, a World of Outlaw and NASCAR driver.

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kyle larson salary
Kyle Larson spends with his wife, Katelyn, son, Owen, and daughter Audrey on the grid prior to the NASCAR Cup Series Championship on November 07, 2021 in Avondale, Arizona. Photo: Jared C. Tilton
Source: Getty Images

On December 22, 2017, Larson proposed to Sweet and married on September 26, 2018. Audrey Layn and Owen Miyata are the couple's two children.

Kyle Larson's racing career

At seven, Kyle started cart racing and won the first of several point championships. He started sprint car racing at 14, and four days after turning 15, he won the Civil War Series at Placerville Speedway, becoming the state's youngest winner ever. At the 4-Crown Nationals, Larson is one of just two drivers to take home the victory in each USAC (United States Auto Club) car in the same calendar year.

Kyle Larson's stats

Kyle Larson has competed in 284 Cup Series races for ten years, earning 18 victories, 140 top-ten finishes, and 13 pole positions. The JR Motorsports driver has competed in 110 races in the Xfinity Series for over seven years. During this time, Larson accumulated 13 victories, 77 top-ten finishes, and five pole positions.

kyle larson career earnings
NASCAR Cup Series driver Kyle Larson (5) celebrates after winning the NASCAR Cup Series Open race on June 13, 2021 at Texas Motor Speedway in Fort Worth, Texas. Photo: Matthew Pearce/Icon Sportswire
Source: Getty Images

In six years and 14 outings in the Camping World Truck Series, the 30-year-old has two victories, ten top-ten finishes, and two pole positions. Lastly, Larson has competed in 18 races in the ARCA Menards Series, including four victories, fifteen top-ten finishes, and three pole positions.

What happened to Kyle Larson's contract?

Kyle uttered the "n-word" in April 2020 on a Twitch livestream because he believed no one could hear him speak. He was let go by his team, Chip Ganassi Racing, in less than a day. Sponsors like Credit One Bank and McDonald's dropped him.

He later joined Hendrick Motorsports due to a declaration made on October 28, 2020. The former GCR driver would drive the no. 5 vehicle, and Hendrick Motorsports would be the sole sponsor.

Kyle Larson's career earnings and salary

The combined annual income for the driver from his wages at Hendrick Motorsports and his endorsement deal with Durst, Pristine Auction, JVI Group, and Oakley are almost $8 million. In August, he won the Knoxville racing nationals and took home a $176,000 prize. Earlier this year, he also triumphed in the King's Royal, Prairie Dirt Classic, and Chili Bowl.

Kyle Larson car collection
Kyle Larson walks the grid during qualifying for the NASCAR Cup Series Ambetter 301 at New Hampshire Motor Speedway on July 16, 2022 in Loudon, New Hampshire. Photo:James Gilbert
Source: Getty Images

He also won the 2021 NASCAR Cup Series championship, a prize worth an estimated $10 million. This would mean that in 2021, he comfortably made over $10 million in prize money from NASCAR and dirt racing. His salary and sponsorships are included; therefore, the total rises significantly.

Kyle Larson's total net worth in 2022

As of 2022, Kyle is estimated to be worth $12 million. This statistic was calculated after his recent victories in his most recent races.

Kyle Larson's favourite car collection in racing

As a professional driver in dirt racing, Larson enjoys driving one of his prized collections of unusual cars. He drives the No. 5 Chevrolet Camaro ZL1 for Hendrick Motorsports full-time in the NASCAR Cup Series and the No. 17 Chevrolet Camaro SS for the same team part-time in the NASCAR Xfinity Series.

Kyle Larson's racing records

The dirt racing superstar has had very iconic moments in his racing career as a driver, and he has not only won awards but also set multiple outstanding records. Below are the records he has set.

  • 2011 Belleville Midget Nationals Champion
  • 2012 NASCAR K&N Pro Series East Champion
  • 2012, 2016, and 2019 Turkey Night Grand Prix Winner
  • 2013 UNOH Battle at the Beach All-American Winner
  • 2015 Rolex 24 at Daytona Overall Winner
  • 2016 Sprint Showdown Winner
  • 2016 Aspen Dental Eldora Dirt Derby Winner
  • 2019 Monster Energy Open Winner
  • 2019 Monster Energy NASCAR All-Star Race Winner
  • 2020, 2021 Chili Bowl Nationals Champion
  • 2020 Indiana Midget Week winner
  • 2020 Pennsylvania Speedweeks winner
  • 2020 Hoosier Hundred winner

Kyle Larson's best awards and accolades

Kyle Larson net worth 2022
Kyle Larson poses with the trophy in Victory Lane after winning the NASCAR Cup Series Pennzoil 400 presented by Jiffy Lube on March 07, 2021 in Las Vegas, Nevada. Photo: Chris Graythen
Source: Getty Images

The NASCAR Champion has won many awards and has also been crowned many accolades for his outstanding performance in dirt racing.

  • 2011 USAC Silver Crown Rookie of the Year
  • 2012 NASCAR K&N Pro Series East Rookie of the Year
  • 2013 NASCAR Nationwide Series Rookie of the Year
  • 2014 NASCAR Sprint Cup Series Rookie of the Year

Kyle Larson's house

Kyle and his family's house is located in Mooresville, North Carolina and was built in 2006. As of February 2022, the house has an estimated value of $1,486,800.

Four races into the 2020 season, the coronavirus pandemic forced a 10-week break in racing, and Kyle Larson's time as the driver of the 42nd Chevrolet for Chip Ganassi Racing came to an abrupt stop.

After making a comeback in the sport, Kyle Larson dominated the entire season, winning ten races and becoming the most popular driver in NASCAR. His net worth is also expected to increase due to an increase in the number of sponsors and also his recent wins.

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Authors
Kenneth Mwenda photo
Kenneth Mwenda
Kenneth Mwenda is a business and sports writer with over five years of experience. At Sportsbrief, he contributes to writing biographies and listicles.
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