Who are the richest NASCAR owners in the world currently?

Who are the richest NASCAR owners in the world currently?

Sospeter Itolondo
updated at July 31, 2023 at 12:02 PM

The sport is one of the most adrenaline-filled games that keeps fans on the edge of their seats. NASCAR racing generates a lot of revenue and needs a lot of money to run hence the interest from various investors. Who are the richest NASCAR owners?

richest NASCAR owners
Austin Hill lifts the Pocono 225 trophy in victory lane after winning the NASCAR Xfinity Series Pocono 225 at Pocono Raceway on July 22, 2023, in Long Pond, Pennsylvania. Photo: Sean Gardner
Source: Getty Images

The car owners play an important role in the development and success of the teams. They also take part in the praise when the teams win series and cups as they have invested in the sport. Do NASCAR owners make money? The numbers will come as a surprise.

Top 10 richest NASCAR owners

The sport has many passionate fans who follow each series keenly. The adrenaline-filled sport attracts wealthy owners who invest in the teams for success. Here are some of the richest NASCAR team owners:

10. Kyle Busch: $80 million

Number 10 on our list of NASCAR owners and their net worth is Kyle Busch. Busch is still a NASCAR driver and still a team owner of the World Truck Series team. The star was born on the 2nd of May 1985 in Las Vegas, Nevada. He has won over 57 NASCAR Cup Series Races and won the Cup Series twice in 2015 and 2019.

Top 10 richest NASCAR owners
Kyle Busch poses for a photo after winning the pole award during qualifications for the NASCAR Xfinity Series LS at Phoenix Raceway on March 7, 2020, in Avondale, Arizona. Photo: Chris Graythen
Source: Getty Images

The star has accrued most of his wealth through his successful racing career and Kyle Busch Motorsport Racing ownership. He also has sponsorship deals and investments in other business ventures.

9. Tony Stewart: $100 million

The star accumulated most of his net worth from his lucrative racing career. Tony is also part owner f the Stewart-Haas Racing team. He won three NASCAR Cup Series Championships and 49 Cup wins in his career before retiring in 2016.

Who is the richest NASCAR car owner?
Tony Stewart makes an appearance at the game between the Tampa Bay Lightning against the Anaheim Ducks during the second period at Amalie Arena on February 21, 2023, in Tampa, Florida. Photo: Mark LoMogli
Source: Getty Images

Apart from NASCAR, Stewart also has a hand in Sprint Car teams, where he owns a couple. The star is also a partner in a dirt track racing company.

8. Ryan Childress: $250 million

Ryan is a racing enthusiast hence his hand in RCR, Richard Childress Racing, among other racing investments in the industry, such as a stock car racing team in Welcome, North Carolina. He was a former NASCAR driver beginning his career in the late 60's before finally becoming an owner.

NASCAR owners net worth
Ryan Childress laughs as he climbs into his car for practice for the Monster Energy NASCAR Cup Series Quaker State 400 presented by Walmart on July 13, 2018, at Kentucky Speedway in Sparta, Kentucky. Photo: Michael Allio
Source: Getty Images

Under his lead, the RCR has become one of the best teams in the industry, winning multiple championships. Ryan has also had great drivers like Dale Earnhardt and Kevin Harvick.

7. Gene Haas: $250 million

The star co-owns the Stewart-Haas Racing team together with former two-time NASCAR Series winner Tony Stewart in 2008. This is one of the successful businesses Haas has, including Proturn Engineering and Haas Automation. The 1952-born businessman launched the racing team in 2009.

Who are the richest NASCAR drivers all time?
Haas F1 Founder and Chairman Gene Haas looks on from the pitwall during day four of F1 Winter Testing at Circuit de Catalunya on March 9, 2018, in Montmelo, Spain. Photo: Charles Coates
Source: Getty Images

Haas Automation was founded in 1983, dealing with fourth and fifth-axis component placement in mind.

6. Jack Roush: $300 million

Jack Roush is known as the owner of Roush Industries and Roush Fenway Racing. The businessman is a former drag racer hence his interest in motorsports. His company Roush Industries offers engineering and manufacturing services to other industries.

NASCAR’s richest owners
Jack Roush walks through the garage area during practice for the Monster Energy NASCAR Cup Series AAA Texas 500 at Texas Motor Speedway on November 4, 2017, in Fort Worth, Texas. Photo: Sarah Crabill
Source: Getty Images

Roush started as an engineer in the aerospace industry before founding Roush Industries. He has also invested in other sectors, such as in the aviation space and renewable energy.

5. Dale Earnhardt Jr.: $300 million

The star got most of his wealth from his successful racing career and ownership of the JR Motorsport racing team. The North Carolina-born racer was the most popular driver for 15 years, winning 26 NASCAR Cup Series races before retiring in 2017.

Who's the richest owner in NASCAR?
Dale Earnhardt adjusts his equipment in the garage area during practice for the Monster Energy NASCAR Cup Series AAA Texas 500 at Texas Motor Speedway on November 4, 2017, in Fort Worth, Texas. Photo: Jonathan Ferrey
Source: Getty Images

Also, Dale owns other companies and commentates for NBC Sports. His team competes in the NASCAR Xfinity Series, CARS Tour, and eNASCAR Coca-Cola iRacing Series. Dale turned the business from a sponsor deals business in 2002 to a racing team.

4. Maury Gallagher Jr.: $400 million

The businessman co-owns the Legacy Motor Club, previously known as Petty GMS Motorsports only changed in 2023 upon sale to Gallagher for $19 million. Maury is a well-known businessman owning and running the Allegiant Travel Company.

forbes richest NASCAR drivers
Maury Gallagher speaks during the Super Bowl LVII Host Committee Handoff Press Conference at Phoenix Convention Center on February 13, 2023, in Phoenix, Arizona. Photo: Carmen Mandato
Source: Getty Images

3. Rick Hendrick: $1 billion

The star is a former NASCAR driver. Rick is the owner of Hendrick Motorsports and the co-owner of JR Motorsports. He owns more than 100 car dealerships through his company, the Hendrick Automotive Group.

richest NASCAR team owners
Rick Hendrick speaks to the media during the NASCAR, IMSA, and Hendrick Motorsports press conference for the Garage 56 entry at the 2023 24 Hours of Le Mans announcement at Sebring International Raceway on March 17, 2022, in Sebring, Florida. Photo: Sam Greenwood
Source: Getty Images

His NASCAR team has 16 NASCAR national series championship titles, 12 NASCAR Cup Series Championships, and 294 Cup Series Race wins. One of his most significant achievements is being included in the NASCAR and International Motorsports Hall of Fame.

2. Michael Jordan: $1.7 billion

The former basketball star and iconic businessman is one of NASCAR's richest owners. The star accrued most of his net worth through his lucrative basketball career, which opened him up to endorsement deals with companies such as Nike, Coca-Cola, and Mcdonald's.

What NASCAR team has the most money?
Michael Jordan looks on from the 23XI Racing pit box during the NASCAR Cup Series Go Bowling at The Glen at Watkins Glen International on August 08, 2021, in Watkins Glen, New York. Photo: Jared C. Tilton
Source: Getty Images

Michael Jordan also owns a stake in the Charlotte Hornets, the NBA team. Who does Michael Jordan own in NASCAR? The star also co-owns the 23XI Racing NASCAR team together with Denny Hamlin, which they built from scratch. Since its debut in 2021, the team has had four race victories and one pole position as of July 2023.

1. Roger Penske: $2.9 billion

Who is the richest NASCAR car owner? Roger Penske is an American businessman known for his successful businesses and real estate investments. He is the owner of Team Penske in NASCAR. The owner is a car business mogul starting as a car dealership owner and expanding into other branches such as motorsports, transportation, and leasing.

Do NASCAR owners make money?
Roger Penske attends the driver's meeting prior to the Monster Energy NASCAR Cup Series Ford EcoBoost 400 at Homestead Speedway on November 17, 2019, in Homestead, Florida. Photo: Jonathan Ferrey
Source: Getty Images

The team participates in IndyCar Series, NASCAR Cup Series, IMSA Sportscar Championships, and the FIA World Endurance Championship. His team has won over 500 races and 40 championships.

Who are the richest NASCAR drivers of all time?

NASCAR is one of the highest paying sports in the world hence many wealthy drivers. It is also challenging to make it as an athlete in the sport due to the high level of competition. According to Forbes, the richest NASCAR drivers are:

Richest NASCAR drivers

Dale Earnhardt Jr.

Jeff Gordon

Jimmie Johnson

Tony Stewart

Kyle Busch

Who's the richest owner in NASCAR?

Roger Penske is the most prosperous NASCAR owner. The businessman is well known for his car dealerships and real estate investments.

What NASCAR team has the most money?

Hendrick Motorsport is the most valuable NASCAR team. The team has a net worth of more than $315 million. Their annual revenue is estimated at around $57.7 million, with salaries averaging between $129,730 and $172,379.

Who does Michael Jordan own in NASCAR?
Hendrick Motorsports team celebrates in victory lane after winning the NASCAR Cup Series Dixie Vodka 400 at Homestead-Miami Speedway on October 23, 2022, in Homestead, Florida. Photo: Sean Gardner
Source: Getty Images

Roger Penske is the richest NASCAR owner, with a net worth of more than $2.9 billion. The sport is one of the most lucrative in the world, with interest from prominent investors such as sportsmen and business people. Michael Jordan also owns one of the teams apart from an NBA team.

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