Richard “The King” Petty is a household name for the fans of NASCAR. He is the absolute legend every NASCAR driver looks up to in their career. Petty has set up high bars in the championship and has created many records which are near impossible to beat. He is a seven-time world Champion in the NASCAR Cup Series.
Petty leads the list of drivers with most wins in NASCAR Cup Series at 200 wins. Petty’s fame and reputation in NASCAR has translated many movies, especially the Disney Pixar “Cars” movies. He is the voice behind the racer “The King”, essentially voicing himself. Petty kept up the legacy created by his father Lee Petty as a second generation driver.
Richard Petty competed in NASCAR from 1959 to 1992. He was awarded the Presidential Medal of Freedom in 1992 for contributions to NASCAR. Petty was included in the NASCAR Hall of Fame in 2010 and he leads the list of the 75 Greatest Drivers in NASCAR. Richard Petty is also the all-time pole position leader in NASCAR with 123 poles.
Name | Richard Lee Petty |
---|---|
Net Worth | $65 Million |
Age | 86 years old as of March 2024 |
Residence | Level Cross, North Carolina |
Position | Spokesman for Liberty Medical, Cheerios and GlaxoSmithKline |
Marital Status | Widowed |
Source of Wealth | Motorsports, Racing Team, Business Ventures |
Salary | Retired |
Endorsements | Legacy Motor Club |
Endorsement Earnings | Not declared |
What is Richard Petty’s Net Worth in 2024?
Richard Petty has an estimated net worth of $65 Million in 2024. He is counted among the best in the list of Greatest NASCAR Drivers. Petty has accumulated his wealth through decades of success in NASAR. Richard Petty is a seven-time world time champion in NASCAR Cup Series.
He owns many properties, including a 90-acre ranch in Wyoming and the Richard Petty Museum. Petty also has his own motorsports team and his very own car restoration and modification shop. He has garnered his riches through his various ventures outside of NASCAR and his political ventures.
Richard Petty Salary
Richard Petty has retired from NASCAR and he hasn’t released his current salary figures yet. In his time at NASCAR, Petty was the highest paid driver for many years in a row. There are no solid records of his salary but Petty had an income in millions, putting him leagues ahead of other drivers on the grid. Petty was the most expensive driver on the grid due to his achievements and never yielding tenacity. Petty was the first driver to win his 500th race. He won the Daytona 500 a record seven-times.
Richard Petty raced with Petty Enterprises for most of his career producing his most notable results in the 1967 Grand National Series. Petty won a record 27 races that season with 10 consecutive victories, a record that isn’t anywhere close to being equalled today.
Richard Petty Endorsements
Richard Petty Investments
Richard Petty took over Petty Enterprises and continued being its operating owner until his son took over the business. Petty Enterprises was later on brought by Gillett-Evernham Motorsports but Evernham later on left the team.
The team was renamed to Richard Petty Motorsports and Petty took over operations of the team. He later took full control of Richard Petty Motorsports with his investors, Medallion Financial Group in 2010.
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Richard Petty Other Sources of Income
Petty earns revenue from Pixar for “The King” in “Cars” movie series. He earns from licensing rights and regular events where he makes guest appearances.
Richard Petty House
Richard Petty lives in their family house in Level Town, North Carolina. He also owns a 90-acre ranch in Wyoming.
Richard Petty Car
Richard Petty drove in many cars throughout his career. He was famously linked to Plymouth and Dodge in the peak years of his career. Most of the cars owned by Richard Petty are donated to the Richard Petty Museum for public display. These include his personal and stock racing cars.
Richard Petty Charity
Richard Petty is actively involved in philanthropy through Petty Family Foundation and Victory Junction. His most notable venture is Victory Junction, Petty donated a big area of land to establish a summer camp for seriously ill children. The camp has medical staff available 24/7 in case of any emergency. It aims at providing medical challenged children an outdoor experience and increasing their morale.
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FAQ's On Richard Petty Net Worth
A. Richard Petty has the most achievements in NASCAR. He has created numerous records which haven’t been broken to date. He is known as The King of NASCAR because of his dominating legacy in the sport.
A. Richard Petty retired at the age of 54.
A. No, his wife Lynda Petty died in 2014.
A. Richard Petty’s last race was the 1992 Hooters 500.
A. Richard Petty claimed 7 victories at the Daytona 500.