How much is Denny Hamlin paid?

Last Modified May 3, 2024 10:04 GMT
Denny Hamlin Salary
Denny Hamlin [Credits: Getty Images]

Denny Hamlin is synonymous with NASCAR for many motorsport enthusiasts, serving as a driver and the co-owner of the esteemed NASCAR team, 23XI Racing.

Since bursting onto the NASCAR scene in 2006 as a full-time driver, Hamlin has been a dominant force. He secured two victories in his rookie season and made history as the first-ever rookie to qualify for the NASCAR Playoffs. Recognized for his stellar debut, he was rightfully crowned Rookie of the 2006 season and later honored among NASCAR's 75 Greatest Drivers in 2023.

In 2023, Hamlin reached a significant milestone, celebrating his 50th career cup victory. Despite not winning a championship, Hamlin has consistently been a top contender throughout his career, holding the record for the most race wins without a Cup Championship. Presently, he continues to drive for Joe Gibbs Racing, his team since his first-ever Cup Series name.

Denny Hamlin Salary

Denny Hamlin reportedly has a salary of $13 million while driving for Joe Gibbs Racing.

This figure is made up of his base salary as well as prize winnings and bonuses. Hamlin is one of the most paid drivers in NASCAR. He is the second most paid driver (as of March 2024) after Kyle Bush who has a salary of approximately $16 million annually.

As a driver with the longest-ever contract with Joe Gibbs Racing, Hamlin has seen a steady and impressive increase in his salary over the years.

Read more About Denny Hamlin's Sponsors

Denny Hamlin Contract

In September 2023, Denny Hamlin signed a multiyear contract extension with Joe Gibbs Racing. The length of the contract is not officially stated in the public announcement. Joe Gibbs and Hamlin have been together since the start of Hamlin’s career in 2005. It has almost been 20 years since his first race in the Cup Series and so far has done all 600 of his races for Joe Gibbs.

Hamlin has continued his Cup Series journey solely with Joe Gibbs Racing and wishes to retire with the team. Hamlin has given the team 50 Cup Series race wins and kept the team in contention for the championship for several years. It was Joe Gibbs, the NASCAR legend and owner of Joe Gibbs Racing, who saw Hamlin race and gave him a seat to drive in the Cup Series in 2005.

Read more About Denny Hamlin Net Worth

FAQ's On Denny Hamlin Salary

A.  Denny Hamlin earns approximately $13 million driving for Joe Gibbs Racing annually.  

A. Denny Hamlin drives for Joe Gibbs Racing with car number 11.

A. Companies like FedEx, Toyota, Logitech, and Jordan sponsor Denny Hamlin.

A.  As of March 2024, Denny Hamlin is 43 years old. 

A. Denny Hamlin is estimated to have a net worth of $65 million.

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