How much does Kyle Larson make a year racing?

Last Modified Dec 18, 2024 13:20 GMT
Kyle Larson Salary
Kyle Larson [Credits: Getty Images]

Kyle Larson's NASCAR journey commenced in the 2012 series after an impressive stint in dirt track racing. With steady progress, Larson climbed the ranks, achieving notable milestones along the way.

His career reached new heights when he joined Hendrick Motorsports in 2021. Since then, Larson's trajectory has been nothing short of phenomenal. His victory at Phoenix Raceway secured him the 2021 Cup Series Championship. In the next season in 2022, he maintained a strong presence, finishing third in the championship race.

Now (March 2024) in his fourth season with Hendrick Motorsports, Larson has amassed a total of 24 wins in the Cup series, more than half of which have come in the last two years. Adding to his achievements, Larson initiated the High Limit Racing Sprint Car Series in 2023, featuring 11 races.

Kyle Larson Salary

Kyle Larson is estimated to earn approximately $10 million annually while driving for Hendricks Motorsports. This includes his base salary as well as endorsement deals. Larson has seen a steady yet impressive bump in his salary throughout his career. Larson also boasts an impressive net worth of $12 million.

Kyle Larson Contract

Kyle Larson signed a three-year contract extension in 2022 with Hendrick Motorsports. The contract is set to end after the 2026 NASCAR Cup Series season. His previous contract with the team was set to expire after the end of the 2023 season. This contract was signed in 2020 when Kyle Larson was going to start driving for Hendricks Motorsports in the 2021 season. This contract was signed following the one-year suspension of Larson from the sport. This suspension came as a result of his usage of racial slurs during a Twitch Stream.

Read more About Kyle Larson Net Worth

Kyle Larson Sponsors

As one of the most marketable drivers on the grid, Kyle Larson has a wide array of sponsors. This ranges from brands that personally sponsor the driver and sponsors tied with his team, Hendrick Motorsports. A lot of his brands also sponsor his non-racing cars outside of the NASCAR series.

Some of his sponsors are:

  • Oakley

  • Chevrolet

  • Valvoline

  • FloRacing

  • K1 Race Gear

  • Pristine Auction

  • Jinya Ramen Bar

  • JVI Group

  • Durst Inc

FAQ's On Kyle Larson Salary

A. Kyle Larson makes $10 million annually driving for Hendrick Motorsports. 

A. Dale Earnhardt Jr. is the richest person in NASCAR with a net worth of $300 million.

A. Kyle Larson owns High Limit Racing, a sprint car series.

A. Kyle Larson’s current contract with Hendrick Motorsports is set to end after the 2026 season.

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