Jeff Gordon is an American professional stock race car driver and announcer for Fox NASCAR. One of the richest NASCAR drivers of all time, Gordon has a net worth estimated at $200 million.
Jeff Gordon Net Worth: Brief History
Jeffery Michael “Jeff” Gordon was born on August 4, 1971 in Vallejo, California and raised in Pittsboro, Indiana. Gordon’s need for speed began at the age of 4 when he rode a BMX bike gifted to him by his stepfather. A year later Gordon began competing in auto racing driving the quarter midget. He went on to break and set records on the race tracks and even had a brief stint in waterskiing. At the age of 16, Gordon became the youngest driver to be awarded a United States Auto Club (USAC) license. At 19 he won USAC’s National Midget championship and at 20 the USAC Silver Crown becoming the youngest to ever to win the title.
Jeff Gordon Net Worth: Fame With NASCAR
In 1991/1992, Gordon made his professional racing debut in the NASCAR Busch Grand National Series (now NASCAR Xfinity Series) with Hugh Connerty Racing and later with Bill Davis Racing. He won the Rookie of The Year Award in his first season and after a year, in 1993 he began racing full time in the Sprint Cup Series, again he won the Rookie of The Year Award after an impressive first season. He went on to win the Sprint Cup champion two years later in 1995 and three other times in 1997, 1998, and 2001. Gordon is credited with having exposed the NASCAR sport to the mainstream media thanks to his wholesome looks in front of the cameras.
In 1997, he became the youngest racer to win the Daytona 500 and would go on to win it two other times in 1999 and 2005. Over the course of is 25 year career, Gordon has also won 93 Sprint Cup- the third all-time wins.
Jeff Gordon Net Worth: Earnings From NASCAR, Endorsements And Business Ventures
Gordon’s highly successful NASCAR career have brought him millions, however, much of his annual earnings has earned more money from endorsement deals than from the race tracks.
In his debut professional year with the NASCAR Xfinity Series, Gordon finished the season ranking 4th and earned more than $400,000. Later in the Xfinity series he eared over $800,000. In the higher Sprint Cup series, Gordon has earned almost $150 million in career prize money making him the first driver to win over $100 million in Sprint Cup series.
Gordon’s outstanding success on the tracks have garnered lucrative endorsement deals from top brands, among them include; Gillette, DuPont, Pepsi (previously Coca Cola), Ray-Ban, Kellogg Company, Frito-Lay and more.
Gordon together with Rick Hendrick is the co-owner of No. 48 Chevrolet driven by Jimmie Johnson. He also owns an equity stake in the No. 24 team. Gordon owns JG Motorsports which controls his licensing deals and North Carolina car dealership, Jeff Gordon Chevrolet. He also owns a line of wine in partnership with Briggs & Sons Winemaking, Co. In 2012, Gordon designed the Canadian Motor Speedway in Fort Erie, Ontario- said to be the largest race track in Canada. Sponsor Axalta Coating Systems in 2015 hired Gordon as its global business advisor.
He signed a lifetime contract with Dale Earnhardt Jr. in the No. 88 Hendrick Motorsports Chevrolet and currently serves as their substitute driver.
Some of the previous business ventures owned by Gordon in collaboration with Dale Earnhardt include real estate company, Performance Partners, Inc and casual clothing line Chase Racewear.
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