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Monday, July 15, 2024

The 25 Highest-Paid NASCAR Drivers

Daytona 500 for the Highest Paid NASCAR Drivers
Feb 16, 2020; Daytona Beach, Florida, USA; NASCAR Cup Series driver Jimmie Johnson (48),, NASCAR Cup Series driver Ross Chastain (77), NASCAR Cup Series driver Kevin Harvick (4) and NASCAR Cup Series driver Kyle Larson (42) during the Daytona 500 at Daytona International Speedway. Mandatory Credit: Mike Dinovo-USA TODAY Sports

After securing $7.7 billion in media rights deals, NASCAR is growing faster than ever. With a recent uptick in viewership, a new generation of fans are hungry for the heart-pumping action of one of the largest spectator sports in America.

The highest-paid NASCAR drivers earn lofty wages in line with the sport’s rapid growth.

Kyle Busch tops the list as the highest-paid NASCAR driver of 2024. Busch earns $16.9 million driving for Richard Childress Racing. For the 38-race season, that equates to $444,736 per race. 

On a track like the Daytona 500 which is 200 laps, Busch earns $2,223 per lap. As a two-time cup series champion with 231 career victories, Busch earns $3 million more than the next closest driver on the list.

Denny Hamlin is the second highest-paid NASCAR driver. His performance with Joe Gibbs Racing nets him $13.1 million each year. Hamlin is currently ranked third overall in the cup series with 447 points. 

Third on the list is Kevin Harvick of Stewart-Haas Racing. Harvick was earning $10.9 million with an average finish of 14.5. He recently announced his retirement and will move to announcing this year. 

RFK Racing’s Brad Keselowski comes in as the fourth highest-paid NASCAR driver of 2024. The eleventh-ranked driver in the cup series earns $9.4 million or $247,368 per race.

He has six wins at Talladega Superspeedway, tied for second all-time with Jeff Gordon and Dale Earnhardt Jr.

Rounding out the top five is Joey Logano. Logano earns $9 million driving for Team Penske. 

Driving the number 22, Logano has won the cup series in 2018 and 2022. He was named the Sunoco Rookie of the Year award in 2009 for the strong start to his NASCAR career.

Hendrick Motorsports has the most drivers on the highest-paid NASCAR drivers list. Four of the top 25 earners drive for the organization. Joe Gibbs Racing and Stewart-Haas Racing are next closest with both having three drivers on the list.

Age is just a number.

Eight of the top 25 highest-paid NASCAR drivers are over the age of 35. Four of the top five are all over the age of 40. 

At 29, Chase Elliott is the youngest NASCAR driver in the top 10 highest-paid drivers. He’s earning $8 million with Hendrick Motorsports.

Ranking the Highest-Paid NASCAR Drivers

Here is the list of the highest-paid NASCAR drivers of 2024 by salary. The list was compiled with data from Spotrac, NASCAR, and SalarySport.

  • Updated: May 24, 2024
RankDriverAvg. FinishTeamTotal Compensation
1Kyle Busch16.8Richard Childress Racing$16.9 million
2Denny Hamlin12.7Joe Gibbs Racing$13.1 million
3Kevin Harvick14.5Steward-Haas Racing$10.9 million
4Martin Truex Jr.11.2Joe Gibbs Racing$10.4 million
5Brad Keselowski17.1RFK Racing$9.4 million
6Joey Logano19.8Team Penske$9 million
7Kyle Larson14.1Hendrick Motorsports$8 million
8Chase Elliott9.8Hendrick Motorsports$8 million
9Daniel Suarez19.6Trackhouse Racing$4.5 million
10Alex Bowman12.7Hendrick Motorsports$4.5 million
11Ryan Newman27.9Rick Ware Racing$4 million
12Michael McDowell24.5Front Row Motorsports$3.7 million
13Austin Dillon25.9Richard Childress Racing$3.5 million
14Ricky Stenhouse Jr.24.5JTG Daughtery Racing$3 million
15Erik Jones19.5Legacy Motor Club$2.3 million
16Bubba Wallace1923XI Racing$2.2 million
17Ross Chastain13.5Trackhouse Racing$2.1 million
18Ryan Blaney16.9Team Penske$1.9 million
19William Byron15.2Hendrick Motorsports$1.8 million
20Ryan Preece23.1Steward-Haas Racing$1.6 million
21Chris Buescher16.1RFK Racing$1.5 million
22Tyler Reddick15.923XI Racing$1.3 million
23Chase Briscoe13.6Stewart-Haas Racing$1.2 million
24Timmy Hill36Power Source$900,000
25Christopher Bell20Joe Gibbs Racing$800,000

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