What is Richard Petty’s Net Worth and Career Earnings?
Richard Petty is a retired American race car driver who has a net worth of $65 million.
Richard Lee Petty (born July 2, 1937), nicknamed “the King”, is an American former stock car racing driver who competed from 1958 to 1992 in the former NASCAR Grand National and Winston Cup Series (now called the NASCAR Cup Series), most notably driving the No. 43 Plymouth/Pontiac for Petty Enterprises.
He is a member of the Petty racing family. He was the first driver to win the Cup Series championship seven times (a record now tied with Dale Earnhardt and Jimmie Johnson), while also winning a record 200 races during his career. This included winning the Daytona 500 a record seven times and winning a record 27 races in one season (1967)
Richard Petty was inducted into the inaugural class of the NASCAR Hall of Fame in 2010. He is also statistically, one of the most accomplished driver in the history of NASCAR, having racked up most wins (200), most poles (123), tied for most championships (seven), most wins in a season (27), most Daytona 500 wins (seven), most consecutive wins (10) and most starts (1,185)
He earns broad respect in motorsport where beyond driving, he remains very active as both a team owner (GMS Racing) in the Cup Series and owner of Petty’s Garage (a car restoration and modification shop) in Level Cross, North Carolina.
During his 35-year career, Petty collected a record number of poles (123) and over 700 top 10 finishes in a record 1,184 starts, including 513 consecutive starts from 1971 to 1989. Petty was the first driver to win in his 500th race start, being joined by Matt Kenseth in 2013.
The Richard Petty Museum was formerly in nearby Randleman, North Carolina, but moved back to its original location in Level Cross in March 2014. Petty has also voiced a role in Disney’s animated films Cars and Cars 3, playing The King, a character partially based on himself.
Richard Petty Net Worth
As of February 2024, Richard Petty’s net worth is estimated to be $65 Million.
Richard Petty’s Career Earnings
Richard won his sixth Winston Cup in 1972, adding to his list of historic accomplishments. Driving an Oldsmobile Cutlass Supreme, he won the Daytona 500 again four years later.
Petty went on to win four more races, earning his seventh and final NASCAR championship by a mere 11 points.
It is difficult to gauge the exact amount that Richard Petty earns each year as his company, Richard Petty Motorsports, is privately held. There are therefore no publicly available records on which to base estimates of his income.
However, STP has sponsored Richard Petty for many years and a recent deal was concluded for $250,000.
With other big-name brands like GlaxoSmithKline, Nicorette, and Liberty Medical on board, Richard has certainly earned millions from his association with them.
Richard sold his shares in RPM in 2019 for around $20 million and his wealth is currently invested in property and other low-risk assets.
Richard Petty’s Net Worth Annually
Three victories and other top 10 places during the 1983 season marked a more prosperous campaign for Petty.
He became the first driver to reach 200 victories on July 4th, 1984, when he won the Firecracker 400, which was recognized as his 200th race.
Richard Petty’s annual net worth breakdown:
Richard Petty’s Net Worth In 2017 – $30 million
Richard Petty’s Net Worth In 2018 – $35 million
Richard Petty’s Net Worth In 2019 – $38 million
Richard Petty’s Net Worth In 2020 – $40 million
Richard Petty’s Net Worth In 2021 – $45 million
Richard Petty’s Net Worth In 2022 – $65 Million
Summary
Richard Petty is regarded as the greatest stock car racing driver of all time, largely due to his numerous consistent performances and podium placings.
In less than five years of becoming a professional racing driver, he achieved success on a global scale.
The King was inducted into numerous stock car racing halls of fame as a result of his contributions and accomplishments, including the Motorsports Hall of Fame in America and the NASCAR Hall of Fame.
As of February 2024, Richard Petty’s net worth is estimated to be $65 Million.
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