Michael McDowell's Net Worth

Last Modified Aug 14, 2024 16:09 GMT
NASCAR Cup Series Cook Out 400
Source: Getty Images

Michael Christopher McDowell is an American professional stock car racing driver, who competes full-time in the NASCAR Cup Series, driving the No. 34 Ford Mustang Dark Horse for Front Row Motorsports. McDowell used to race BMX bicycles at the start of his career when he was just three years old. He moved to kart racing at the age of eight, and after almost ten years in karting, he won the World Karting Association championship and the International Kart Federation championships back to back.

From karts, McDowell moved to open-wheel championships such as Formula Renault in 2002 and ARCA Series in 2006. McDowell debuted in the Craftsman Truck Series at the 2007 Kroger 200, Martinsville, for Darrell Waltrip Motorsports, driving the No. 17. After moving to the Xfinity Series in the same year as a developmental driver for Nextel Cup Series Team Michael Waltrip Racing, McDowell soon made his debut in the Cup Series at the 2008 Goody’s Cool Orange 500, Martinsville, where he started 34th and finished 26th. McDowell has won two races in the Cup Series so far namely, the 2021 Daytona 500, and the 2023 Verizon 200 at the Brickyard. He has managed to secure 43 top-ten finishes and three poles.

NameMichael McDowell
Net Worth$10 Million
Age39 years, as of August 2024.
ResidenceMooresville, North Carolina
PositionRacing driver for Front Row Sports
Marital StatusMarried to Jami McDowell
Source of WealthMotorsports
Salary$3.7 Million
EndorsementsFamous Toastery, Celsius, Loves, Roto-Rooter, Wiley X, Ford Performance, Sparco.
Endorsement EarningsNot Disclosed
NASCAR Cup Series Ally 400 - Qualifying
Source: Getty Images

How much is Michael McDowell’s Net Worth in 2024?

According to Celebrity Net Worth, McDowell’s estimated net worth is $10 million. His wealth has been majorly accumulated by his race winnings. He has won the 2021 Daytona 500, the 2023 Verizon 200, and 43 top tens in the Cup Series. He also announced that he will leave Front Row Motorsports after the NASCAR Cup Series season to join the Spire Motorsports’ No. 17 team on a multiyear deal in 2025.

Michael McDowell’s Sponsors

There are a lot of official partners that sponsor McDowell. To keep the performance at the highest level, teams and drivers rely on partnerships. Sponsors that support McDowell are- Famous Toastery, Celsius, Loves, Roto-Rooter, Kubota of Knoxville, Speedco, FR8 racing, Benebone, Horizon, Maxliner, FR8 Auctions, Wiley X, Sparco, Bell Helmets, Ford Performance, Front Row Motorsports, and Energize.

Michael McDowell’s Other Sources of Income

McDowell and Justin Marks currently own a karting facility called the Trackhouse Motorplex, located 30 miles north of Charlotte, North Carolina. It opened in October 2012.

NASCAR Cup Series Ally 400 - Practice
Source: Getty Images

Michael McDowell’s Charity Work

McDowell lent a helping hand in Dover, Delaware, repairing the home of a National Guard veteran. He teamed up with sponsors Thrivent Financial and the Central Delaware Habitat for Humanity. McDowell often serves in the community with Thrivent Financial, as part of a program called Thrivent Build Repairs.

FAQs on Michael McDowell's Net Worth.

A. McDowell is married to his wife Jami.

A. McDowell has 5 children with his wife Jami.

A. Travis Peterson is McDowell’s crew chief.

A. Yes, McDowell and his wife adopted their child, Luke, while they were on a vacation in China.

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