How Rich Is NASCAR Driver Chase Elliott?

Mandatory Credit: Photo by Terry Renna/AP/Shutterstock (13768866ez)Chase Elliott during NASCAR Daytona 500 auto race media day at Daytona International Speedway, in Daytona Beach, FlaNASCAR Daytona 500 Media Day Auto Racing, Daytona Beach, United States - 15 Feb 2023.
Terry Renna/AP/Shutterstock / Terry Renna/AP/Shutterstock

Chase Elliott, a NASCAR professional who drives the No. 9 Chevrolet Camaro for Hendrick Motorsports, is only 27 years old.

This young racer has a net worth totaling $12 million, according to CelebrityNetWorth. Read on to learn more about his racing career before seeing if he takes first place in the Daytona 500 on Feb. 19.

Earnings and Wins

Elliot races in the NASCAR Cup Series full time and races part-time in the NASCAR Gander RV and Outdoors Truck Series, driving the No. 24 Chevrolet Silverado for GMS Racing and Hendrick Motorsports.

Since little information about his earnings or investments is available, he probably earned most of his fortune from his NASCAR wins and endorsement deals as a top driver. Aside from the All-Star race, NASCAR does not disclose the prize purse for its competitions.

However, Forbes reported that Elliott earned $10.2 million in 2020, with $8 million of that from his salary and winnings, and another $2.2 million from endorsements. Elliott sold the most licensed merchandise of any driver in 2020, Forbes reports. Also in 2020, he won the NASCAR Cup Series, becoming the third-youngest racer to do so.

The son of NASCAR Hall of Fame member Bill Elliott, who drove the same number car, the younger Elliott has earned 11 career Cup Series wins. He also won the 2020 NASCAR All-Star Race at Bristol Motor Speedway, according to the NASCAR website. That race alone grossed Elliott and his team $1 million, according to USA Today. Sports Casting reported that the driver earns about 40% to 45% of the winnings, while the team receives the rest.

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Sponsors

Elliott has a number of sponsors. UniFirst is the primary sponsor for Elliott. Other backers include NAPA, Chevrolet, Mountain Dew, Bosch, and Siemens, according to Essentially Sports.

Charity

Elliott gives back through his nonprofit association, the Chase Elliott Foundation, which aims at supporting other organizations dedicated to helping people live “more beneficial, more joyful lives,” according to EssentiallySports.com.

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All information was compiled on and is accurate as of Feb. 16, 2023.

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