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The most an athlete will likely earn for a single race once everyone else is paid, however, is less than a million when taking out the sponsorship money. The average cost of a Super Bowl LIII ticket on secondary ticket providers like StubHub, Ticketmaster, TickPick and Vivid Seats was well over $5,000. How to Watch College Football Online without Cable (2022 Streaming Guide), DIRECTV STREAM Review (2022): All the Pros & Cons You Should Know. In the year 2008, Logano won the Nationwide Series when he was just 18, showing huge promise. Joey Logano came away with $1.58 million in 2015, the last race before NASCAR stopped publicly. Richard has covered betting at Bleacher Report, Gambling.com, The Game Day, Forbes, and more. That share of the purse was about on par with the previous Daytona 500's in recent history. Check out our post here on how much money MLB players make, or this post about Dale Earnhardt Jr.s net worth. link to Is NASCAR Racing Profitable for Teams? NFL players purposely collide into each other every play while NASCAR drivers do their best to avoid collisions since a wreck typically ends the race for everyone involved and the injuries sustained could be life-threatening. How much more revenue does the NFL make than NASCAR? While top-tier drivers in the Cup Series can earn millions of dollars annually, drivers in lower-tier series or those with less experience may earn considerably less. Some numbers back him up on that, showing an 8% decline in attendance since the 2016 season. Also using set amounts helps them with their financial forecasting. Races will be covered by USA Network, which takes over for the now-defunct NBCSN which is happening forthe first time in throughout the whole seasons. The data in this article are based on available NASCAR winnings reported by sports statistics site Spotrac.com. number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, He has a total earning of $15.8million, out of which, $13.8million That includes jobs and tax revenue attributed to the Daytona International Speedway, the racetrack where the event takes place. Which league is better preparing themselves for worldwide domination? Top five Highest-Paid NASCAR drivers in 2022: A new up and coming NASCAR driver can earn anywhere between $100,000 and $300,000 as a base salary and another $200,000 in prize money. Homestead-Miami Speedway in Homestead, FL. The 27-year-old Larson is likely to be an attractive free agent when his contract expires after the 2020 season; some fans already have him getting fitted for the seat in Johnsons No. Save my name, email, and website in this browser for the next time I comment. 31 for the Dover International Speedway. It At the 2020 Daytona 500, teams can make between an estimated $2.06 million and $365,000. Al lifelong Motor Racing Fan, with a particular love of NASCAR and IndyCar racing. But again, that's just an estimate. This is said to be due to both the sudden attention to concussions and the resulting CTE (chronic traumatic encephalopathy) as well as from a negative response to NFL players taking a knee during the national anthem to protest racial inequality. We are committed to After each NASCAR race, drivers split a purse. As we explain below, that $1.5 million is only salary. 22 Ford for Team Penske. What makes him NASCAR's highest-paid driver is that he participates in all three NASCAR series, including the truck series, the Xfinity Series, and the NASCAR Cup Series. You already know that the Nascar winnings per race are in millions. He also decided to step away from his media duties as an analyst on Fox Sports and host of a program on SiriusXMs Nascar channel. While there may be taller drivers currently racing in NASCAR, Petty remains the tallest driver to achieve significant success in the sport. Each player also received about $83,000 for the rest of their postseason play $29,000 for the Divisional playoff and $54,000 for the conference championship. 10. Despite the secrecy on behalf of NASCAR, however, thebest drivers are not hurting. Companies, brands, and organizations pay the best drivers to represent their brands on their cars and clothes. is from his earnings and the rest from endorsements & licensing. The highest salary in 2022 for an F1 driver was $40 million, as opposed to $16.9 million being the highest salary for a NASCAR driver. The NFL season culminates with 12 teams competing in a single-elimination tournament, the championship game being the Super Bowl, while the NASCAR season ends with the Chase for the Cup and it includes 16 drivers who compete for the championship in the final ten races of the cup series. As every driver has a different feel as to what their merchandise may do revenue-wise. Well, that's a big unknown because of a policy change that NASCAR made in 2016. As you can see from the above, it is tough to become a Nascar driver. As per the Nascar data Interestingly, one of them is a woman, which we dont tend to see in professional sports. Compensation for Merchandise: Can be anything. In NASCAR, only 82 full time drivers fill the ranks, making the odds of becoming a pro driver a lot lower than succeeding in the other sports. Anheuser-Busch InBev and Fiat Chrysler Automotive were the top-spending parent companies in that game. endorsements. Daytona 500 purse, payout breakdown: How much prize money will the winner make in 2020. The average salary of NASCAR commentators depends on their expertise and former career, but it's around $50,000 annually. Thats $14.6 million from salary and winnings and $9 million from endorsements. 19 Toyota Camry TRD. Since 2016, race purses and prize money information havebeen private, leaving fanscombining guesswork, outdated numbers and rare peeks behind the curtain to glean information about the economic picture of the sport. Joey Loganos sponsors include Shell-Pennzoil, AAA, Auto Club of Southern California, Autotrader, and MoneyLion. Joey Logano finished first and got a higher $1,586,503. The major league sports mostly have room for over a thousand players each, with the exception of the NBA. Theres a lot to celebrate this weekend for @KevinHarvick and @rheemracing.Join us in supporting St Jude Childrens Research Hospital: https://t.co/5xgOnn3KR7 pic.twitter.com/sVONjxMtnr. How There are 256 total regular-season NFL games each year while in 2018 there were 36 NASCAR races. The Daytona 500 is called the Super Bowl of NASCAR races, and it is estimated that it is responsible for about $2 billion annually added to the state of Floridas economy. was the second time in three years that Johnson was named as the highest-paid The 37-year-old drives in all three NASCAR national series and races full-time in the NASCAR Cup Series. The amount of money a NASCAR driver makes in a race depends on what the race is and where they finish. He starts the 2020 season on a 95-race winless streak, the longest of his career. So while thetypicalNASCAR driver makes more money than players in other sports, the same cant be said for the top earners. Johnson announced he will retire at the end of 2020 when his contract with Hendrick Motorsports finishes. In the NBA, NFL, MLB and NHL, the top ten or twenty earners throw the averages out of whack. The average purse was $5,556,775. Kevin Harvick makes an estimated $13.8 million (12.3 . The salaries of NASCAR drivers vary depending on their status - amateur or professional - and on winning; the winner obviously. Kyle Busch is the highest-paid NASCAR driver, earning $16,900,000 per year. 1. Over four times as many people went to football games over NASCAR races in America, and if the number of race fans keeps declining at its current rate, that difference will continue to get larger. In NASCAR, only broadcasting rights are considered in the revenue sharing formula. But he landed in a similar spot than a lesser-known racer thanks to his agreement with the company. sportsbooks. The best data we could find shows that in 2008, a 30-second spot during the Daytona 500 cost $550,000, and even if that doubled over the last ten years it still wouldnt even come close to Super Bowl numbers. Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation. With a purse such as that, however, the association was thrilled to let the audience know that it was thriving. Figures for salary, endorsements and merchandise earnings are gleaned from media reports and estimates, adjusted by known numbers from stars like Dale Earnhardt Jr. Endorsement pay aside, NASCAR drivers do quite well compared to other sports stars. The world of NASCAR money is a secretive one. We cans safely guess that Kyle Larson received the bulk of the money. At the May 1, 2022 race, the 41-year-old finished in 21st place. 6 Ford Mustang, he finished 20th in the Dover International Speedway race. At the top of NASCAR racing this can amount to millions a year. NASCAR hasnt just captured the imagination of its race fans, but also of much of the wider world through the medium of film. Pokemon GO Money: A Game Worth $29 Billion. $5 Deposit. Motorsport 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. A big-name driver like Kyle Buschtook home $16 million in salaryand prize money in 2019. Daytona 500 purse, payout breakdown: How much prize money will the winner make in 2022. Last season, the revenue from Super Bowl LII surpassed $500 million, and ad spending alone for in-game spots exceeded $400 million, as it did the previous season. The one region theyre focusing on? We respect your privacy. But just before the 2020 Daytona 500, the association released the race purse a record-setting $23.6 million will be distributed among the 40 drivers. It costs about $10 million per year to field a one-car NASCAR team. In the year 2018, he honored the promise he showed by winning the Nasar Cup Title. What is the Most Expensive Fish You Can Eat? Below, we will discuss how much NASCAR pit crews make by . all the three Nascar series combined, Kyle Busch is not a surprise addition in Here are NASCARs top nine driver salaries: Its always an eye opener when youre out of rhythm You see just how important that aspect is in racing. Keep in mind that up until the end of the 2017 NASCAR season, both drivers were far behind Dale Earnhardt Jr., who for nearly two decades led all racers in popularity and revenue, having earned $22 million in 2017 just before his retirement. She is African American, and their marriage has brought attention to issues of diversity and inclusion in NASCAR. NASCAR drivers are also paid a salary from their that owns the racecar. Outsiders have to guess the prize money which depends on many facts. But ultimately, F1 drivers bring in way more cash in their league. Drivers can get bonuses for where they finish in races, scoring a certain number of points, or finishing above a certain position. an Though the total amount of NASCAR sponsorship money is difficult to calculate, it is interesting to note that nearly half of Fortune 100 companies invest in the racing league, and more than one in four (28%) of Fortune 500 companies invest in NASCAR. 48 car at Hendrick Motorsports. Commission, a sports betting vendor registration, under registration number #100400, issued by the Director He also won a Cup Series-high seven races and finished second in the overall standings for the second straight year, adding to his earnings. Then, drivers earn money based on their final position. This is why a 12th-place finisher could theoretically make more than an 11tth-place one. driver salary, according to reliable sources. In 2019, it was estimated that 9.17 million viewers tuned into the Dayton 500 to watch Denny Hamlin win in his #11 Toyota. Like finding out how much big sports figures make? Build The sport of NASCAR may not be as rich as the multi-billion-dollar NFL, but that doesnt mean its poor, either. Every driver has a contract set with the team. How much money does a Nascar driver make per race? 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. The typical NASCAR driver makes $5 million a year from all sources. Tony Stewart. Teams will pay base cash bonuss for finishing position as they are trying to get in the top 25. NFL rookies make their big money through bonuses, including a roster bonus, a signing bonus, contract incentives, and a few other formats. While their earnings vary, a good year can also mean over $130,000 for a race if they finish at the top. Teams rarely have up to four drivers, but it does mean NASCAR could employ 68 drivers at a time, and a NASCAR race has 40 drivers at a time. The year before that, 103.4 million people worldwide watched the Philadelphia Eagles beat the New England Patriots, 41-33, in Super Bowl LII and the season before that saw even higher numbers when 111.3 viewers tuned in to Super Bowl LI. Johnson remains the highest-paid Nascar driver ever. For instance, during a recentNASCAR Cup race at Fort Worth, TX, only about a third of the roughly 100,000 seats were occupied. included the commissions he earned from winning & licensing apart from his Kyle Busch became the highest-paid NASCAR driver when he won the 2019 Cup. Without endorsement deals, the top ten highest paid drivers make about $10 million less than the top 10 NBA players. All our emails include an The base salary of the run-of-the-mill NASCAR driver in 2006 was an impressive $917,669. Kevin Harvick. there has to be one consistent Nascar performer, it has to be Kevin Harvick. professional Nascar driver. At the 2020 Daytona 500, teams can make between an estimated $2.06 million and $365,000. Surprisingly, NASCAR drivers make more money than players in any organized professional sport except the NBA. You may opt-out by. For instance, Kevin Harvick finished second in the Daytona 500 in 2015, giving him $1,157,195 in prize money for the event. Before The average NFL team is worth $2.5 billion and according to Forbes Magazine thats up 8% over last year, and all but five of the NFL teams are worth at least $2 billion. However, this all changed two years later when the league got more secretive about their financial numbers. Keselowski has posted at least three wins in seven of the past nine years driving for Team Penske. However, to get to your maximum goal of becoming a professional Nascar racer, you should follow the steps of how to become a Nascar driver properly. Copyright 2023 Endgame360 Inc. All Rights Reserved. Salaries for NASCAR drivers range from $20K to nearly $600K, according to salary tracking sources. The answer to this depends on your skill levels. The New England Patriots, winners of Super Bowl LIII, each received$118,000for winning the big game, while players from the losing Los Angeles Rams got$59,000 each. MORE: Complete Daytona 500 starting lineup| TV schedule. Look at their earnings and you will