How much is Denny Hamlin paid?

Last Modified Feb 24, 2025 12:41 GMT
Cook Out Clash at Bowman Gray Stadium - Practice
Denny Hamlin at the Cook Out Clash at Bowman Gray Stadium. [Credits: Getty Images]

Denny Hamlin is a professional American stock car racing driver, who is considered to be one of the most successful drivers heading into the 2025 season.. Hamlin is a multiple-race winner and team owner in the NASCAR Cup Series. He drives the no.11 car for Joe Gibbs Racing. Hamlin is also the owner of the NASCAR Cup Series 23XI Racing, a joint venture with his Michael Jordan. Denny Hamlin is a NASCAR Hall of Famer. He was able to claim three victories during the 2024 NASCAR Cup Series. Hamlin ended the season eigth in the driver standings with 2328 points to his name.

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. He has claimed 54 wins in total in the NASCAR Cup Series, as of February 2025.

Denny Hamlin's salary

As of February 2025, Denny Hamlin reportedly has a salary of $13.1 million while driving for Joe Gibbs Racing, according to reports from Spotrac and Sports Illustrated.

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 after Kyle Busch who has a salary of approximately $16 million annually, as ranked by Sports Illustrated.

Read more About Denny Hamlin's Sponsors

Denny Hamlin's contract

In September 2023, Denny Hamlin signed a multiyear contract extension with Joe Gibbs Racing. Spotrac estimates that Hamlin's contract will last until the end of the 2026 season. 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 he has completed 686 races in the series, as of February 2025.

Hamlin has continued his Cup Series journey solely with Joe Gibbs Racing. 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

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 February 2025, Denny Hamlin is 44 years old. 

A. Denny Hamlin is estimated to have a net worth of $65 million, as per Celebrity Net Worth.

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