How much did Matt Kenseth earn?

Last Modified Aug 30, 2024 12:15 GMT
How much did Matt Kenseth earn
Matt Kenseth Source: Getty Images

Matthew Roy Kenseth is a former American professional stock car racing driver. He previously competed in the NASCAR Cup Series. Matt Kenseth is serving as the racing advisor for Legacy Motor Club in the NASCAR Cup Series, as of August 2024. He drove the no.8 car in the Superstar Racing Experience series. Kenseth also competes at the Slinger Speedway, where he holds the record for most number of wins. Matt Kenseth is a NASCAR champion who won the series in 2003. He was the Rookie of the Year in the Winston Cup Series (later known as the NASCAR Cup Series) in 2000.

Matt Kenseth is a popular driver in the NASCAR Cup Series, as he is inducted into the sport’s Hall of Fame. Matt Kenseth was added to NASCAR Hall of Fame in 2023. He was also named among the 75 Greatest Drivers of NASCAR in 2023 for his contributions to the sport. Matt Kenseth started 697 races over 22 years of his career in the NASCAR Cup Series. He won 39 races and claimed 331 Top-10s in the sport creating his own legacy in the series. Kenseth has won the Daytona 500, the Southern 500 and the Coca-Cola 600 races in the Cup Series.

Matt Kenseth Salary

According to Forbes, Matt Kenseth had a salary of $9 million in 2018. He was ranked 12th in the list of the Highest Paid Drivers by Forbes in 2018. Forbes has also stated that his salary had dropped considerably due to less sponsorships. Thus, we can speculate that during his peak years in the sport, he would be earning close to $10 million or more as a champion driver. Matt Kenseth’s endorsement and sponsorship earnings were $1.1 million. His endorsement earnings were a significant part of his income as a racing driver and his primary sources of income were limited to motorsports and sponsorship deals.

Matt Kenseth Contract

Matt Kenseth retired from NASCAR Cup Series in 2018 but participated in some races from time to time for two seasons. He spent his last full-season with Joe Gibbs Racing. Kenseth or his team never released their contract details. He spent five seasons with Joe Gibbs Racing from 2013 to 2017. He had a fairly successful run with the team and he achieved a second place finish in the championship with JGR in 2013.

Matt Kenseth drove with Roush Racing (later renamed as Roush Fenway Racing) from 2000 to 2012. He debuted with the team in 2000 and claimed the Rookie of the Year honors. Kenseth also earned his first and only title with the team in 2003. He raced for Roush Racing most of his career and earned most of his success with them.

FAQ's On Matt Kenseth Salary

A. Kyle Busch has the highest salary in the NASCAR Cup Series as of August 2024.

A. Matt Kenseth is a competition advisor for Legacy Motor Club in the NASCAR Cup Series as of August 2024.

A. Yes, Matt Kenseth has retired from the Cup Series in 2018 as a full-time driver.

A. Matt Kenseth was sponsored by Circle K.

A. Denny Hamlin has a net worth of $65 million according to Celebrity Net Worth.

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