Richest NASCAR Team Owners (2024)

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Last updated: Jun 06, 2024

Posted by Rookie Road Staff

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NASCAR is a thrilling and exciting motorsport that appeals to fans for a variety of reasons. From the high-speed action on the track to the intense competition between drivers to the close-knit community of fans, there is something for everyone in NASCAR. The races are filled with dramatic moments, intense battles for position, and unexpected twists and turns that keep fans on the edge of their seats. Additionally, the sport is known for its loyal and passionate fan base, making it a great way for people to connect with others who share their love of racing. Whether you're a die-hard fan or a newcomer to the sport, NASCAR is worth exploring. Check out this list of the top 10 richest Nascar team owners.

Who Are the Richest NASCAR Owners Currently?

Roger Penske
Michael Jordan
Rick Hendrick
Maury Gallagher Jr.
Dale Earnhardt Jr.
Jack Roush
Gene Haas
Ryan Childress
Tony Stewart
Kyle Busch

1. Roger Penske

Roger Penske's net worth is estimated to be around $2.9 billion dollars, largely earned through his successful business empire and real estate investments.Heis an American businessman and motorsports icon, best known as the owner of Team Penske in NASCAR. Penske began his business career as a car dealer and later expanded into other industries, including transportation, truck leasing, and sports and entertainment events. Team Penske has won numerous races and championships in multiple racing series, including IndyCar and NASCAR. He is widely regarded as one of the most successful and respected figures in the racing industry and has been inducted into several motorsports halls of fame.

2. Michael Jordan

Michael Jordanhas an estimated net worth of $1.7 billion, primarily from his successful endorsem*nt deals with companies such as Nike, Coca-Cola, and McDonald's, as well as his ownership stake in the Charlotte Hornets NBA team.He is a former American professional basketball player and businessman. Jordan is best known for his successful career playing for the Chicago Bulls, where he won six National Basketball Association (NBA) championships and was named the NBA's Most Valuable Player (MVP) five times. Heis now the co-owner of the 23XI Racing Cup Series team alongside Denny Hamlin.Jordan has made a significant impact on the sport of basketball and has become one of the wealthiest athletes in history.

3. Rick Hendrick

Rick Hendrick, a previous NASCAR driver himself and the owner of Hendrick Motorsports, is valued at approximately $1 billion.Hendrick Motorsports was founded in 1984 and has won 12 NASCAR Cup Series championships, and 16 total NASCAR national series championships.He is also the co-founder of JR Motorsports, an American professional race team. Rick has been inducted into the NASCAR Hall of Fame as well as the International Motorsports Hall of Fame.Another big influence on his financial success is the Hendrick Automotive Group, which owns more than 100 car dealerships nationwide.So Rick has amassed this amount of wealth in many ways, but mainly being a business owner and chairman.

4. Maury Gallagher Jr.

Maury Gallagher Jr.has an estimated net worth of over $400 million, primarily from his ownership and executive positions in Allegiant Travel Company.He is an American businessman and the co-owner of Legacy Motor Club, a NASCAR team. Gallagher is the CEO of Allegiant Travel Company, a low-cost airline that operates flights to leisure destinations in the United States. He co-founded the company in 1997 and has been instrumental in its growth and success. Through his successful business ventures, Gallagher has made a significant impact on the airline industry and has become one of the wealthiest individuals in the United States.

5. Dale Earnhardt Jr.

Dale Earnhardt Jr. has an estimated net worth of $300 million, largely earned through his successful racing career and ownership of JR Motorsports Racing.He is a former professional NASCAR driver and current team owner of JR Motorsports Racing. Earnhardt was born on October 10, 1974, in Kannapolis, North Carolina. Throughout his career, he won 26 NASCAR Cup Series races and was named NASCAR's Most Popular Driver for 15 consecutive years. He retired from full-time driving in 2017 and now focuses on his team ownership and various other business ventures. In addition to his NASCAR team, Earnhardt also owns multiple companies and is a racing commentator for NBC Sports.

6. Jack Roush

JackRoush's net worth is estimated to be around $200 million, primarily through his ownership of Roush Industries and Roush Fenway Racing.Heis an American businessman and former professional drag racer, best known as the owner of Roush Fenway Racing in NASCAR. Roush started his career as an engineer in the aerospace industry, later founding his own company, Roush Industries, which provides engineering and manufacturing services to a variety of industries. Roush Fenway Racing has been one of the most successful teams in NASCAR, winning multiple races and championships. He is also a successful entrepreneur and investor, with holdings in various industries, including aviation and renewable energy.

7. Gene Haas

Today Gene Haas is estimated to be worth $250 million.Born in 1952, Haas revealed his partnership with Tony Stewart, a two-time NASCAR Cup Series winner, in 2008. Stewart-Haas Racing, the new business, was officially launched in January 2009.Before then, Haas founded Proturn Engineering, which led to the development of Haas Automation, Inc. Haas Automation was founded in 1983 as a leader in fourth- and fifth-axis component placement.So, Haas has had many business ventures that proved successful and has allowed him to make large amounts of money.

8. Richard Childress

RichardChildress's net worth is estimated to be around $250 million, primarily through his ownership of RCR and various other business ventures in the racing industry.Childress is an American businessman and former NASCAR driver. He is the owner of Richard Childress Racing (RCR), a professional stock car racing team based in Welcome, North Carolina. Childress began his racing career as a driver in the late 1960s but later transitioned to team ownership. Under his leadership, RCR has become one of the most successful teams in NASCAR history, winning multiple championships with drivers such as Dale Earnhardt and Kevin Harvick.

9. Tony Stewart

Tony Stewarthas an estimated net worth of $100 million, largely earned through his successful racing career and ownership of Stewart-Haas Racing.He is a former professional NASCAR driver and current team owner of Stewart-Haas Racing. Stewart was born on May 20, 1971, in Columbus, Indiana. Throughout his career, he has won three NASCAR Cup Series championships and has 49 career Cup wins. Stewart retired from driving in 2016 and now focuses on running his race team and various other business ventures. In addition to his NASCAR team, Stewart also owns multiple sprint car teams and is a partner in a dirt track racing promotion company.

10. Kyle Busch

Kyle Busch is a professional NASCAR driver and the tenth richest NASCAR team owner thanks to his estimated net worth of $80 million.He was born on May 2, 1985, in Las Vegas, Nevada. Throughout his career, he has won 57 NASCAR Cup Series races and was the Cup Series champion in 2015 and 2019. He continues to drive and compete in the Cup Series while also running his own NASCAR Camping World Truck Series team. Busch has largely earned his large amount of wealth through his successful racing career and ownership of Kyle Busch Motorsports Racing.In addition to his racing career, Busch also earns money through various sponsorships and other business ventures.

Honorable Mentions

Denny Hamlin
Brad Keselowski
Brad Daughtery
B J. Mcleod
Carl Long
Matt Kaulig
Rick Ware
Justin Marks
Michael Waltrip

FAQ

Who is the richest NASCAR team owner?

Roger Penske is the richest NASCAR team owner, having built a fortune worth a whopping $2.9 billion as of 2022.He initially gained wealth through his company, Penske Corporation, which he founded in the late 1950s and which grew into one of the largest transportation and logistics companies in the world. He also became involved in motorsports as a team owner and used his business acumen to turn his racing operations into a profitable enterprise. Additionally, Penske has invested in a variety of other successful businesses, including real estate and retail, further growing his wealth. Through hard work, smart investments, and a passion for motorsports, Penske has become one of the most successful and influential figures in the racing industry.

Who is the youngest NASCAR team owner?

At 37 years of age, Kyle Busch is the youngest active NASCAR team owner.Kyle Busch gained ownership of Kyle Busch Motorsports through a combination of hard work, success on the track, and wise business investments. Busch began his racing career in the late 1990s and quickly established himself as a talented and competitive driver. Over the years, he has won numerous races and championships, earning substantial prize money and attracting the attention of sponsors. He used this financial success to invest in his race team, which eventually became Kyle Busch Motorsports. Busch is actively involved in the day-to-day operations of the team and continues to drive and compete in NASCAR while also running his team.

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