Hendrick Motorsports, one of the most successful teams in NASCAR history, is owned by Rick Hendrick, a prominent figure in American motorsports. Beyond racing, Hendrick is a savvy entrepreneur who founded the Hendrick Automotive Group, a major player in the U.S. auto retail industry. Renowned for his leadership and vision, he has shaped the careers of numerous celebrated drivers and continues to be a driving force in the NASCAR community.
Table of Contents
What is Rick Hendrick’s net worth?
What is Rick Hendrick’s salary?
Rick Hendrick’s career earnings
A Look at Rick Hendrick’s college and professional career
Rick Hendrick’s brand endorsements
Rick Hendrick’s investments and business ventures
Rick Hendrick’s house and cars
What is Rick Hendrick’s net worth?
As of 2025, Rick Hendrick’s estimated net worth stands at approximately $1 billion, reflecting his remarkable success in both motorsports and the automotive industry.
What is Rick Hendrick’s salary?
According to reports, Rick Hendrick, the owner of Hendrick Motorsports and the founder of the Hendrick Automotive Group, made over $100 million a year by 2025. His vast endeavors in the car retail and motorsports industries are the source of this large revenue.
While Rick Hendrick’s exact salary remains undisclosed, it’s worth noting that the average executive compensation at Hendrick Motorsports is approximately $220,971 per year. However, as the owner and CEO, Hendrick earns substantially more through the overall success and profitability of his enterprises. His estimated net worth of $1 billion underscores his remarkable financial success and enduring impact on both the racing and automotive industries.
Rick Hendrick’s career earnings
Year
Age
Title/Role
Business Income
Racing Team Profits
Dividends/Investments
Sponsorship Deals
Estimated Net Earnings
2015
65
Owner/CEO – Hendrick Motorsports
$20M
$35M
$10M
$5M
$70M
2016
66
Owner/CEO
$22M
$37M
$11M
$6M
$76M
2017
67
Owner/CEO
$23M
$38M
$12M
$6M
$79M
2018
68
Owner/CEO
$24M
$40M
$12M
$7M
$83M
2019
69
Owner/CEO
$26M
$42M
$13M
$7M
$88M
2020
70
Owner/CEO
$25M
$39M
$14M
$8M
$86M
2021
71
Owner/CEO
$28M
$43M
$15M
$8M
$94M
2022
72
Owner/CEO
$30M
$45M
$16M
$9M
$100M
2023
73
Owner/CEO
$32M
$48M
$18M
$10M
$108M
2024
74
Owner/CEO
$33M
$50M
$19M
$10M
$112M
Rick Hendrick’s College and Professional Career
A lifelong love of vehicles was the starting point for Rick Hendrick’s journey to become a motorsports legend and automotive tycoon. He attended North Carolina State University for a short time, then dropped out to focus on his business full-time. He was running one of the best Chevrolet dealerships in the nation by the age of 23.
He later established Hendrick Motorsports in 1984 and built Hendrick Automotive Group, which is currently among the biggest privately held dealership networks in the United States. Under his direction, the team has won 14 NASCAR Cup Series titles and paved the way for the rise of racing greats like Jimmie Johnson and Jeff Gordon. Rick Hendrick’s career demonstrates decades of financial acumen, a spirit of competition, and unparalleled influence in the NASCAR industry, from the showroom floor to Victory Lane.
Rick Hendrick’s brand endorsements
Beyond racing and car sales, Rick Hendrick’s influence has grown significantly, in large part due to his brand endorsements. Hendrick has developed solid relationships with well-known companies in the automotive and racing sectors as the creator of Hendrick Motorsports and the Hendrick Automotive Group. Important endorsements include partnerships with performance and automotive components firms like Hendrickcars.com, Axalta Coating Systems, and Goodyear Tires, as well as Chevrolet, a longtime partner due to his close relationship with General Motors.
In addition to helping his racing teams, these endorsements raise awareness of his car dealerships. Hendrick has effectively used his name to forge advantageous partnerships through these alliances, solidifying his position as a key player in NASCAR and the larger car industry.
Rick Hendrick’s investments and business ventures
Rick Hendrick’s commercial endeavors and investments go far beyond his NASCAR accomplishments. He is the founder and chairman of Hendrick Automotive Group, one of the biggest privately held car dealership chains in the US, which has more than 100 dealerships in several states that offer a variety of automobiles. His riches and power have been greatly influenced by this corporate empire.
Hendrick has further diversified his wealth by investing in real estate and motorsports-related companies in addition to his automotive endeavors. In addition to demonstrating his love for racing, his ownership of Hendrick Motorsports, one of the most prosperous teams in NASCAR history, also serves as a significant commercial venture with numerous championship victories and well-known endorsements.
All things considered, Hendrick has become a well-known businessman by combining his passion for racing with an insightful sense of lucrative projects through his calculated investments and business practices.
Rick Hendrick’s house and cars
The creator of Hendrick Motorsports and Hendrick Automotive Group, Rick Hendrick, resides in the posh Oak Hollow area next to Lake Norman in Charlotte, North Carolina. His mansion, which is more than 12,000 square feet, blends modern style with Southern charm. He also owns a mansion in Fort Lauderdale, Florida, valued at $9.7 million.
Hendrick is well known for having more than 300 automobiles, more than 100 of which are Chevrolet Corvettes. The initial VIN #1 models of the 2010 Camaro and 2019 Corvette ZR1 are notable vehicles, as is the first Acura NSX from 2017. The Hendrick Heritage Center in Charlotte, a museum and showroom devoted to automotive history, has his collection on display. Hendrick’s success and love of cars and real estate are demonstrated by these properties and his automotive endeavors.
Rick Hendrick’s transformation from a college athlete to a dominant force in the automotive industry and motorsports is a testament to his inspirational leadership and love of racing. Hendrick has made a name for himself in NASCAR and the automotive industry because of his enormous corporate empire, outstanding brand endorsements, and stunning automobile collection. The future of the business is still being shaped by his commitment to greatness on and off the track.
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