Carl Edwards' net worth: How much is the former professional stock car racing driver worth?

Carl Edwards' net worth: How much is the former professional stock car racing driver worth?

Kevin Omuya
updated at November 26, 2023 at 4:59 AM

Former driver and NASCAR champion Carl Edwards has earned millions from winning numerous prestigious races throughout his long career behind the wheel. Carl Edward's net worth rose due to his multiple winnings, endorsements, and awards.

Carl Edwards' net worth
Carl Edwards looks on during practice for the NASCAR Sprint Cup Series Bojangles' Southern 500 at Darlington Raceway on September 4, 2015, in Darlington, South Carolina. Photo: Jerry Markland
Source: Getty Images

After countless victories in NASCAR races, Edwards is rightfully considered one of the sport's all-time greats. He amassed a considerable fortune and can now live comfortably in retirement, where he can devote more time to his family.

Profile summary



Full name

Carl Michael Edwards Jr.




44 years as of November 2023

Date of birth

August 15, 1979

Place of birth

Colombia, Missouri, US




1.85m (6'1")


84kg (185lbs)

Marital status



Katherine Downey




Professional racing car driver

Best finish

2nd (2008,2011)

Net worth

$70 million

Social media

Instagram, X (Twitter)

Carl Edwards' net worth

He is an American NASCAR driver with a net worth of $70 million as of 2023. He earned nearly $90 million on the track and via sponsorships and licensing deals during his career.

His principal sponsors are Aflac, Arnold Palmer Hospital for Children, Coca-Cola, Ford, and Suburban Extended Stay Hotels. Edwards also has endorsement relationships with Nike, Gillette, and Texas Instruments.

Carl Edwards' biography

The NASCAR driver was born in Columbia, Missouri, on August 15, 1979. He graduated from Rock Bridge High School in 1997. He initially did not plan to attend college, but he got some state support and opted to participate in the University of Missouri in his hometown of Columbia.

After three semesters studying engineering, he concluded that university attendance was not working while he pursued his professional aspirations in racing. Before becoming a full-time racer, Carl performed as a substitute teacher while pursuing his racing career.

Carl Edwards' career

Carl Edwards' career
Carl Edwards, the driver of the Xfinity Toyota (19), during practice for the NASCAR Sprint Cup Series on October 15, 2016, in Kansas City, Kansas. Photo: Matt Sullivan
Source: Getty Images

In 2002, he made his NASCAR debut driving for MB Motorsports in seven races in the Craftsman Truck Series. Of the seven races he competed in, his best finish was eighth at Kansas Speedway.

Nevertheless, Jack Roush was sufficiently impressed to recruit him as a full-time Truck Series competitor in 2003. Carl won his inaugural race at Kentucky Speedway while driving the No. 99 Ford F-150 for Roush Racing. He was so good at the track that he was named Rookie of the Year.

The Florida Dodge Dealers 250, held at Daytona International Speedway to kick off the 2004 season, was one of three races he won. He ended the season in fourth place in the points standings. After Jeff Burton departed the team, he made his Nextel Cup Series debut at Michigan International Speedway in August 2004, driving the No. 99 Ford Taurus for Roush Racing.

Carl won again in 2007 after losing 52 races in 2006, and then had his best season in 2008, winning the Auto Club 500, the UAW-Dodge 400, and the Samsung 500. After shifting his attention to the NASCAR Sprint Cup Series in 2012, he enjoyed great success until retiring.

Carl Edwards' career earnings

Carl Edwards career earnings
Carl Edwards, driver of the Stanley Toyota (19), races at the Glen at Watkins Glen International on August 9, 2015, in Watkins Glen, New York. Photo: Matt Sullivan
Source: Getty Images

Even though he is not entirely among the wealthiest race car drivers in the world, Carl has amassed a substantial fortune. Here is some information regarding his earnings;

  • He won $1.3 million in the 2004 NASCAR Nextel Cup.
  • As a NASCAR Nextel Cup Series driver, he made $13.7 million between 2005 and 2007.
  • Edwards earned $38.3 million racing in the NASCAR Sprint Cup Series from 2008 to 2014. He participated seven times during that time.
  • Roush Fenway Racing paid him $10 million per year. He made around $3 million from endorsements and sponsorships as well. Estimates put Edwards' 2016 earnings at about $13 million.
  • Edwards earned $3 million in 2016 from endorsements and sponsorships. His salary from Roush Fenway Racing was already ten million dollars, which is on top of that. In 2016, he made a total of $13 million.
  • Forbes reported that Carl Edward earned $13.7 million, placing him fifth among NASCAR drivers in salary. He was a finalist in the Cup race twice (in 2008 and 2011) and made it to the final four drivers. Throughout his thirteen-year career, Edwards amassed over $130 million.

Carl Edwards' house

Carl resides in Concord City, North Carolina. By and large, the city has been named the most incredible city in North Carolina to raise a family and a Tree City USA for years. His house has four bedrooms and 3.5 bathrooms over 3,772 square feet.

What car did Carl Edwards drive?

His latest drive was a No. 19 Toyota Camry for Joe Gibbs Racing. Before that, he drove the No. 99 Ford Fusion for Roush Fenway Racing.

Carl Edwards' awards and achievements

Carl Edwards' achievements
Carl Edwards, the driver of the #19 XFINITY Toyota, poses with the trophy after winning the NASCAR Sprint Cup Series TOYOTA OWNERS 400 on April 24, 2016, in Richmond, Virginia. Photo: Rainier Ehrhardt
Source: Getty Images

He has won numerous races throughout his NASCAR career, contributing to his enormous wealth. A few of Carl Edwards' most notable wins include the following:

  • 2003: First victory in a truck race (Kentucky)
  • 2003 - Rookie of the Year for the Truck Series
  • 2005 - First Busch win in Atlanta
  • 2005 - Atlanta's First Cup Victory
  • 2007 - Wins the NASCAR Nationwide Series
  • 2008—Second place in Sprint Cup Pts.
  • 2010–Ran the Sprint Cup but came in second place due to a tiebreaker
  • 2011 - The NASCAR Sprint All-Star Race
  • 2015 - Coca-Cola 600

Carl Edwards' family

Carl Edwards' family
Carl Edwards holds his daughter Anne next to his wife Kate (R) after winning the NASCAR Nationwide Series O'Reilly Auto Parts Challenge on November 6, 2010 in Fort Worth, Texas. Photo: John Harrelson
Source: Getty Images

He met his wife, Katherine Dowry, at a party in 2006, and the two began dating shortly after. They were together for three years before marrying in 2009, and during the years, Katherine gave birth to two children named Anne and Michael. Katherine is a medical doctor who attends Carl’s races to show support.

What is Carl Edwards doing now?

Since his surprising retirement from NASCAR in 2016, Carl has maintained a mysterious presence away from the public eye. However, his absence has recently been unveiled: He has been embarking on daring sailing expeditions across the open seas.

Final word

Carl Edwards' net worth improved due to his skills behind the wheel. He is one of the most successful drivers in NASCAR, and he’s earned a huge net worth. While he has since retired from the circuit, he has made more than enough money to live comfortably for the rest of his life.

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Kevin Omuya
Kevin Omuya is a Content Writer with 4 years of experience who joined Sports Brief in 2022. In 2019 he held a Bachelor of Arts in Journalism & Digital Media from KCA University.