Nascar driver salaries have been shaved in recent years with fewer dollars available as sponsors cut back on their financial commitments to teams. Drivers that once made $4-6 million in salary are getting re-signed to deals for $3 million in some cases. Guys on poorly funded teams are lucky to make seven figures. Licensing and endorsement money has also dried up for all but the very elite drivers. Endorsement deals that once paid $500,000 a clip are now $250,000 and many have disappeared completely.
But for the sport’s stars, the paychecks are nearly as big as ever and can reach eight figures in salary alone. The 10 highest-paid drivers pulled down … More
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on Thursday, February 20th, 2014 at 8:19 pm and is filed under Automobile, Misc., NASCAR.
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