Report: NASCAR’s top 9 richest teams worth a collective $1.25 billion


Owning a NASCAR team is like being a contestant on Wheel of Fortune, they both answer to “Big money, big money.”

A Forbes story earlier this year said NASCAR organizations — with a collective worth of more than $1.25 billion — are worth an average of $140 million. recently came out with a slightly updated version of team worth in the sport. Here’s what the richest organizations in NASCAR are reportedly worth as of today:

9. Richard Petty Motorsports: worth $50 million

8. Chip Ganassi Racing: $69 Million

7. Michael Waltrip Racing: $80 Million (down 20 percent in value from 2013, due significantly in part to the attempt to manipulate the Richmond race Chase qualifying outcome there in late summer of that year)

6. Team Penske: $108 Million

5. Richard Childress Racing: $128 Million

4. Stewart-Haas Racing: $148 Million

3. Roush Fenway Racing: $157 Million

2. Joe Gibbs Racing: $171 Million

1. Hendrick Motorsports: $348 Million

How is it that HMS is so far ahead of the rest of the pack?

Easy, says “Highest NASCAR winnings. Highest merchandise sales. Highest sponsorship revenue. Hendrick holds bragging rights for all of those accomplishments.”

And let’s not forget NASCAR’s most popular driver the last 11 years running (likely soon to be 12 years straight) in Dale Earnhardt Jr.

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Lewis Hamilton receives Daytona 500 invitation from Bubba Wallace

Lewis Hamilton Bubba Wallace
Rudy Carezzevoli/Getty Images
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Lewis Hamilton is a fan of the new NASCAR Cup Series team formed by Denny Hamlin and Michael Jordan to field a car for Bubba Wallace.

Will the six-time Formula One champion also be a fan in person at a NASCAR race in the near future?

Wallace is hoping so.

After Hamilton tweeted his support Tuesday morning about the news of a Hamlin-Jordan-Wallace team making its debut with the 2021 season, Wallace responded with a sly invitation to the Daytona 500.

Much would need to be worked out, starting with how much garage and grandstand access would be afforded for a 2021 season opener that likely would occur during a still ongoing novel coronavirus (COVID-19) pandemic.

But it would seem fitting given that Hamilton and Wallace have been two of the world’s most outspoken Black athletes about the quest for diversity and racial justice. Hamilton recently reaffirmed his commitment to activism after his donning a Breonna Taylor shirt sparked an FIA inquiry. Time just published a brief piece by Wallace saluting Hamilton as a trailblazer.

The idea of Hamilton attending the NASCAR season opener already had legs, too. The Mercedes AMG Petronas F1 driver has expressed a desire to race the Daytona 500 after he has retired from Formula One.

He was a spectator (with racing legend Mario Andretti) at four-time champion Jeff Gordon’s final Cup race as a full-time in the 2015 season finale at Homestead-Miami Speedway. In 2011, Hamilton swapped cars with three-time champion Tony Stewart at Watkins Glen International.

Having rubbed shoulders with other racing greats so often, it would seem right for Hamilton — who is one victory from tying Michael Schumacher’s career record and also could tie the F1 record with a seventh championship this season — to spend some time with the greatest basketball player of all time.

Jeff Gordon was flanked by Mario Andretti and Lewis Hamilton before the 2015 Cup season finale at Homestead-Miami Speedway (Jared C. Tilton/NASCAR via Getty Images).