How Much Money Do NASCAR Drivers Make?
HTML-код
- Опубликовано: 18 окт 2024
- Kenny Wallace discusses how much money NASCAR drivers make.
Brought to you by JEGS! Click here: jegs.io/KennyW... & text KENNY to 36727 to save up to $100!
#nascar #racing #kennywallace #money
***thumbnail photo by Chris Graythen/Getty Images courtesy of NASCAR Media & Charlie Marlow
JEGS has been in business since 1960.
Racers selling to racers.
Focusing on American Muscle - but also big product line of automotive tools, garage gear & other performance parts.
JEGS is well established with racers of all kinds, including the NHRA, bracket racing, circle track & more!
Free shipping on orders over $199.
Unrivaled expertise from techs.
Millions of parts for every car person's needs.
Sign up for their email for exclusive deals!
![GEEK TIMË [OFFICIAL AUDIO]](http://i.ytimg.com/vi/ry-6RvkH880/mqdefault.jpg)
Thank you for your honesty Kenny. If people young and old don’t understand what you just explained they never will.
Thank you, Kenny, such a wonderful person. I really enjoy how you always keep it real.
“Didn’t make my money in racing”
But also I used my big NASCAR checks to buy real estate and then invested the rest in stock market.
You made your money in NASCAR buddy. You just made good decisions with it and grew it. Without that NASCAR money, you wouldn’t have it to start with.
Good for you tho! So many sports guys don’t do smart things with it.
And without older brother Rusty there's no NASCAR money for Kenny.
Thanks for the awesome video Kenny! Appreciate you tackling this touchy subject buddy!!!
Thanks Kenny. We are watching one of our local boys "Butterbean", Going to be interesting where he gets to or how far he can go.
the Cup guys also get paid for personal appearances, product promotions and other stuff like in TV booth for Nationwide or Truck races. Plus they usually get a motorhome and personal vehicles to drive. It’s not all cash money but it adds up. Some teams will also pay the disability insurance. Each driver negotiates what they want every contract. Harvick has setup an agent business to represent them. The little guys? That comes out of the sponsorship and race winnings if any.
Great Video! I wish you’d come over to Haubstadt and race! Tri State Speedway! I’m sure you’ve raced there over the years!
Is it still possible for a independent driver to get into nascar? It seems like all of the money is at the top, but to race at the top it costs the most money too.
Kenny, I figured you didn’t get all that behind you by mowing yards!😄
LMAO.....I love it! Back in the day, the saying was, "How do you make a million dollars in racing? Start with 10 million!" That was 30+ years ago.
THANKS Kenny!! I always enjoy ya. 👍👍🏁
love this taboo topic
more Kenny in the booth
Some of the best driver commentary I have ever seen was Kenny reporting trackside at Eldora in the truck series. Nowhere have I seen more genuine passion for the sport from a driver on television before or since.
This is by far one of your best videos Kenny....
That’s the cleanest shop I’ve ever seen.
Before each race they would post on tv how much the Purse was and what each position payed. I haven’t seen that in a very long time.
🤘🏻😎🤘🏻
Awesome stuff Kenny
I just wanna go fast
I’ve got one trophy it was for catching the biggest fish. True story.
Your real estate investments were documented somewhat on Nascar360 or whatever that show was almost 20 years ago. I thought it put you in a very postive light. If i remember you owned an entire subvision or a street of houses.... you were hanging out with the renters, they loved you.
Bout Tree Fiddy
Kenny,I LOVE YOUR VIDEOS GOOD STORIES KEEP THEM COMMING. JOHN SHURKO.
Kenny! Lol. KFC adds. Thanks for the detailed info.
Like you kenny. If you have everything paid off house ,shop, vacation home, you still have taxes insurance, medical bills. I have a nice IRA and understand stocks. But i cant go hog monkey wild and spend it. U die and hopefully your stock is still high and paying off. So you can leave your children something? You did well in cup,but risk your life every race..hell many were killed in practice and some qualifying. And i dont think you'd be where you are without kim. That lady has been the best nascar wife ive ever seen. Lover, mother, wife , advisor , therapist, business partner. Through the thick and thin she's still there helping you make decisions and still worried about an old guy dirt racing.. a then there's Rusty a whole other chapter. You're a lucky man herm. GOD BLESS YOU.
Great video and great advice!!
Don't forget about how much drivers make on endorsements, merchandise sales and appearances.
I remember drivers like Jimmie, Tony, Dale Jr and Gordon had 20 Million dollar salaries in the 2000s. The last time I remember the highest paid driver in cup in 2017 was Jimmie. What happened???
Indycar, sponsors knew it was cheaper to go there and pay alot less than to go Cup racing and pay $18mn on a driver salary, $40mn on the whole team. "Costs are to high" doesn't cone from teams, that comes from sponsors and Nascar. Cause of that we have Nascar built race car and lower salaries, instead of a Team built race car.
"We're gonna change 75yrs of culture, and we're gonna do it" well, theyre doin it
Sponsorship money dried up and the popularity dwindled causing the merchandise and licensing business to massively decline.
Ive been thinking about going racing, but with it seeming like a monetary black hole its discouraging
any advice for looking for sponsors when just starting out .
Thank you for your wisdom
please give Chase a hug lol
Kenny you speak the truth.
Kenny's wrong. Kyle Busch's contract for 2023 what's $16.9 million and it descends from there. Chase Elliott's base salary contract is over $10 million for 2,024. They also receive a portion of the winnings. There are other deals in place to make more money. There is one driver that made over $20 million total in 2023. Hailie Deegan's base salary in 2022 in trucks with David Gilliland was $450,000. All this information is public record.
Kyle’s deal with RCR was three years $45M so $15M a year, definitely more than $8M
Well, they also get what is called "performance bonus money" and hitting various contractual 'gates' puts more money in the bank account (tied in with sponsor cash and so on). It's like any pro-level sport - let's go MLB or NFL to keep it simple - where you're graded/weighted based on your performance and where you are at the end of that particular day. For any stick and ball sport you sit in a room and get graded on your performance within that particular week, day, whatever, which becomes favorable or not to your contractual bonus money (ex: let's take our MO football hero....Mahmomies signed a deal for $$$$$$$ but only $$$ is guaranteed the rest is paid out in performance grading...passes, wins, yadda yadda and yadda and HEY! SUPER BOWL! That's a BIG contractual payout from the owner(s) along with the NFL payout - lather, rinse, repeat for any top tier sport). The dollars become much more complex when you realize the dream and achieve those goals. But, with that - so does the life.
I'am a fan of you and your bros
Why don't you tell us about Danica?
Hey Kenny, did you make money from sponsors too on top of your salary, or did they mainly just fund the cup team expenses. Thanks for all you do, my name is Kenny too.
I’d have to imagine he got compensated for the old Stacker 2 commercials. But that was 20 years ago, so who knows if it was significant or not. Either way, he’s done well for himself and contrary to what some might say, he’s a pretty smart guy. He’s just goofy and that makes him a pretty awesome fella.
@@tony_n316Could not have said it better buddy!!!
How much does a driver get to win a cup race in prize $?
One of the biggest problems racing faces is the lower levels wont provide a decent living
Driving race cars is more dangerous than playing Pro football
You know it's not my business what they make. When I was a independent courier. I was independent. So I got a gross check. About $1000 a week. But I hade to pay taxes insurance up keep on my truck.
Dammm Dude!!!!!!!!
Summary of what Kenny is saying… take your money and invest it in real estate. If you wanna race,don’t invest your returns and expect to make money. Do what you can afford and what’s best for you but don’t expect to make money racing.
So when you say $750k to $8M and I know you are giving us a estimate. I am not sure if that is the case with all of the drivers. Perhaps some make less than $750k in the Cup Series and perhaps some make more than $8M?
My question is this: Let's say $750k is the lowest you can make a year in the Cup Series, does that include teams like Rick Ware Racing? It's hard to tell who drives that car every week because of Cody Ware's firing, but let's just say JJ Yeley was full time in the 15, does that mean he is making 3 quarters of a million dollars a year? If so that is MORE THAN enough to live a comfortable living!
Considering how the drivers risk their lives every time they get in a racecar it isn't enough money. When you look that other sports paying tens to hundreds of millions a year the NASCAR drivers are getting screwed.
Super late model drivers do not smell like ass, Kenny.
haha
@@KennyWallace36 You are awesome btw, always good for a laugh.
So how much does it cost to get say a 4x4 sticker for your company on each of those series? Lets say I want to pay for a sticker that says "Call Great Tire Repair, GonnaBeatem, Florida" on your car Kenny, how much? Hmmm ya know this could an interesting business idea, your fans pay so much for a sticker on yer car. I'm sure it's be thought of before!
Gross vs Net
Those trophies cost too much money to get rid of them haha.
Hey Wallace! How Much Money Do NASCAR Drivers Make? in some cases not enough.... in other cases.... TOO MUCH (for what that specific driver brings to the team, the sport, or the fans.)
👍
+++lol Kenny 1st too
congrats!
Seems like this vid is on repeat 😕
we like to break down the videos for people that like shorter content, this was just the NASCAR portion of the longer video, thx moondog!
@@KennyWallace36 My bad
Not enough
NASCAR money lol
We had a good ass Trump era economy didn’t we
$250,000-$400,000 isn't that much ? Kenny, you are so out of touch with reality just like a career politician!!!!!!!!!!!!
TRUMP 👍👍🇺🇸🇺🇸
Chase Elliott is a whining crying bad sport
this is gonna piss alot of people off... i have made over 2 million dollars and never paid one dollar in taxes....flying under the radar works
haha