The 5 Highest-Paid NASCAR Drivers in

NASCAR drivers negotiate their own contracts, salaries and compensation packages. The National Association for Stock Car Racing, or NASCAR, had its origins in Prohibition-era bootlegging and moonshine running by skilled backwoods drivers. To establish best-driver bragging rights, many moonshine runners during Prohibition and afterward also held informal driving contests. Inthe first official NASCAR race took place at Daytona Beach, Fla.

NASCAR racing in the 21st century is big business, with top drivers earning annual salaries, bonuses and endorsement payouts in the millions.

According to Forbes, NASCAR is the nation's biggest spectator sport, with 75 million adults counting themselves as fans. Additionally, 17 of the top 20 most attended sporting events are NASCAR races. NASCAR drivers are independent contractor-type employees, sign contracts with their specific racing teams and can change teams at contract's end. Figuring out the yearly salary of a NASCAR driver can be tricky, because a driver's base salary is only one component of total compensation.

The more successful a NASCAR driver you are, the greater your salary and other earnings. NASCAR drivers make their money from three primary sources: As in most sports, a large pay disparity exists between rookie or struggling NASCAR drivers and the top drivers on the best racing teams.

Full-time NASCAR drivers normally receive a base salary from their teams, with performance bonuses a regular contract feature. For example, a NASCAR driver finishing how much money do nascar drivers make per race the top in finishers' points at season's end will reap additional millions from the circuit's points fund. Endorsement money is also a part of some NASCAR drivers' earnings, 60 second binary options strategy p most such deals rarely exceed a half-million annually.

Tony How much money do nascar drivers make per race served more than 20 years in the U. He also spent seven years as an airline operations manager. Guerra is a former realtor, real-estate salesperson, associate broker and real-estate education instructor.

He holds a master's degree in management and cake shops bury lancs bachelor's degree in interdisciplinary studies. Skip to main content. NASCAR Race Circuit According to Forbes, NASCAR is the nation's biggest spectator sport, with 75 million adults counting themselves as fans. NASCAR Base Salaries NASCAR drivers are independent contractor-type employees, sign contracts with their specific racing teams and can change teams at contract's end.

NASCAR Driver Earnings The more successful a NASCAR driver you are, the greater your salary and other earnings.

How much does a struggling NASCAR driver make? | NASCAR | Sporting News

Bonuses and Endorsements Full-time NASCAR drivers normally receive a base salary from their teams, with performance bonuses a regular contract feature. A Brief History of NASCAR: From Moonshine Runners to Dale Earnhardt Jr.

NASCAR's Highest-Paid Drivers Make Their Money From a Variety of Sources. Resources 1 All Left Turns: How Do You Become a NASCAR Driver? About the Author Tony Guerra served more than 20 years in the U.

Least to most: The prize money for every Sprint Cup race winner in '15 | FOX Sports

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NASCAR Payout Explained - Why Do Some Drivers Earn More

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