Latest Hendrick Motorsports News

Latest Hendrick Motorsports News

More Hendrick Motorsports News

Kyle Busch to Potentially Reap Benefits After Planting Seed in Rick Hendrick’s and Others’ Minds

As a new season starts, Kyle Busch's future also looms - but maybe it will look more dismal for his team owner than himself.
NASHVILLE, TN – JUNE 29: Kyle Busch ( 8 Richard Childress Racing zone/Thorntons Chevrolet) talks with members of his cre

Kyle Busch Awaits a Brutal Reality as His Stock Continues to Drop in NASCAR

After a disastrous 2024 season and a not-so-promising Clash race, Kyle Busch's bleak future hangs in the balance.
NASCAR, Motorsport, USA Brickyard 400 Qualifying Jul 20, 2024; Indianapolis, Indiana, USA; NASCAR Cup Series driver Kyle

Kyle Larson’s Dissects His Outlaw Tour Supremacy and Getting Even With Christopher Bell

The dirt track duel every racing fan’s been waiting for: Larson vs. Bell, round two and Larson has thoughts about getting even with his rival.
Christopher Bell, Kyle Larson

HMS Veteran Terry Labonte Unravels His Emotions After Surprise Firesuit Tribute at Darlington

Terry Labonte recalls an emotional surprise at Darlington, where Hendrick Motorsports honored him with a custom firesuit tribute
2021aug31-terry-labonte

Carl Edwards Fires Back at Kyle Larson With a 4-Word Verdict Over HMS Ride

Hall of Famer Carl Edwards drops a bombshell response to Kyle Larson’s All-Star Race proposal.
Kyle Larson and Carl Edwards

“Thrive in 25” HMS Insider Showers Praises to Chase Elliott’s Masterclass in Clash Victory

What a thriller of a race was BGS! HMS can't get over Chase Elliott's dominance. And it's President has sent a heartfelt message!
NASCAR Cup Series FireKeepers Casino 400

Helio Castroneves Praises “Once-in-a-Lifetime” Kyle Larson’s Indy 500 Skills in Front of His Favorite NASCAR Driver

IndyCar turned NASCAR driver Helio Castoneves is impressed by the talents of Kyle Larson who understands both his worlds
Motorsports: IMSA Rolex 24 at Daytona

Joe Gibbs Racing Discloses NASCAR’s $0.5M Penalty That Could Deal a Huge Blow to Underfunded Teams

Joe Gibbs Racing has blown the whistle on a 2015 rule which has given an undue advantage to a few privileged teams
CHARLOTTE, NC – OCTOBER 13: Denny Hamlin ( 11 Joe Gibbs Racing Clips Haircuts Toyota) drives into turn 11 during the run

Afraid to “Crash” All-Star Parade, Carl Edwards Drops Disappointing Response to Kyle Larson’s Request

Former NASCAR Cup Series driver Carl Edwards responds to Kyle Larson's lucrative comeback offer with Hendrick Motorsports
Kyle Larson and Carl Edwards

Rick Hendrick & $31B Partner Test NASCAR’s Tolerance With Big-Money Move to Escape ‘Anti-Cheating’ Rules

Ahead of the 2025 season NASCAR's most successful team Hendrick Motorsports unveils plans to bypass the new regulations
Rick Hendrick

Can Chase Elliot Finish His Comeback in 2025 Taking Hendrick Motorsports Back to the Top?

The 2025 season has barely started and Chase Elliott is already drumming up expectations for a second Cup Series title.
DARLINGTON, SC – MAY 13: Rick Hendrick talks with Chase Elliott ( 9 Hendrick Motorsports LLumar Throwback Chevrolet) on

Ricky Rudd’s Hall of Fame Induction Boosts Hendrick Motorsports Unprecedented Dominance in NASCAR

NASCAR veteran and former Hendrick Motorsport driver, Ricky Rudd makes it to the prestigious NASCAR Hall of Fame list.
Ricky_Rudd

Hurt by Josh Allen & Bills Heartbreak, Chase Elliott Stands Against Chiefs’ Super Bowl Victory

Chase Elliott shows support towards NFL team Philadelphia Eagles after shining with victory at the Bowman Gray.
Chase Elliott Sad

Spire Motorsports Shockingly Pins Blame on Joe Gibbs’ New Hire for HMS Stars’ “Sh*t Show”

It was chaos at the Bowman Gray Stadium and every racing team involved was quick to point who was to be blamed
Joe Gibbs

Chase Elliott Joining Racing Royalty With His Father & the Earnhardts Leaves Him Humbled

After clinching his first Clash trophy at Bowman Gray, Chase Elliott marks another Elliott-Earnhardt glorious occasion.
Chase Elliott, Dale Jr, Dale Sr

Insider Left in Awe of Denny Hamlin and Chase Elliott’s “Picture Perfect” Clash Encounter

After the wreck-riddled Clash race, a veteran crew chief applauds Chase Elliott and Denny Hamlin for showing restraint.

“Overlooked” Chase Elliott’s Penske Short Track Shunning Gets Veterans’ Seal of Approval

Chase Elliott's latest win at the Bowman Gray Clash has brought him back into his eyes of fans after battling a devastating 2024
CHARLOTTE, NC – MAY 25: Chase Elliott ( 17 Hendrick Motorsports HendrickCars.com Chevrolet) talks with members of his cr

Chase Elliott’s Crew Chief Praises HMS Star After “Superb” Season Opener

Alan Gustafson has seen it all in NASCAR—but even he was blown away by his star driver, Chase Elliott’s season opener.
Chase Elliott

Chase Elliott Drops 5-Word Verdict Backing NASCAR’s Bowman Gray Efforts

2025 Clash winner Chase Elliott rolls out words of appreciation for the Bowman Gray track, which surpassed the LA standards.
CHARLOTTE, NC – OCTOBER 12: Chase Elliott ( 9 Hendrick Motorsports UniFirst Chevrolet) talks with members of his crew du

NASCAR Boasts Unreal Response to Bowman Gray Gamble For the Clash

Noah Gragson called it ‘badass,’ Chase Elliott called it ‘special’—why the Clash at Bowman Gray was a game-changer for NASCAR.
Bowman Gray

Chase Elliott Lays Bare the Blueprint to Save NASCAR & Motorsports in North America

Chase Elliott’s bold plan to save NASCAR: Why historic tracks like Bowman Gray and Rockingham are the key to the sport’s future.
NASCAR: Daytona 500 Media Day

Ryan Blaney Humbly Dissects Major Cup Series Advantage Despite Bowman Gray Loss

After clinching the runner-up spot at the Cook Out Clash, Ryan Blaney dissects Team Penske's trend-breaking dominance.
CHARLOTTE, NC – OCTOBER 12: Ryan Blaney ( 12 Team Penske Discount Tire Ford) talks with members of his crew during pract

Oblivious NASCAR Star Forced to Apologise Amid William Byron’s Madhouse Misery

In a packed Bowman Gray Clash race, William Byron faces an unexpected mishap from Todd Gilliland - the latter apologized though.
HAMPTON, GA – MARCH 19: William Byron ( 24 Hendrick Motorsports Liberty University Chevrolet) during the running the NAS

Alex Bowman Issues Warning to Drivers With Rick Hendrick’s Team Refusing to Get Loose

Ahead of NASCAR's grand return to the Clash race, Alex Bowman feels confident in his team's chances against rivals.
NASCAR, Motorsport, USA Cup Practice and Qualifying Mar 4, 2023; Las Vegas, Nevada, USA; NASCAR Cup Series driver Alex B

“Anything Can Happen”- Chase Elliott Flaunts Biggest Bowman Gray Advantage With Subtle Warning to Cup Stars

From heat race drama to last-chance qualifiers, Bowman Gray's latest pole sitter issues a warning to his competitors at the "Madhouse".
CHARLOTTE, NC – MAY 25: Chase Elliott ( 17 Hendrick Motorsports HendrickCars.com Chevrolet) talks with members of his cr

Despite $400K Hit to Chevy, Chase Elliott Warns NASCAR of Failure Against Race Manipulation

HMS star, Chase Elliott wasn't sure if NASCAR's new provision to curb race manipulation would be relevant at Daytona or Talladega.
NASCAR, Motorsport, USA Busch Light Clash Feb 4, 2023; Los Angeles, California, USA; NASCAR Cup Series driver Chase Elli

About Hendrick Motorsports

What is Hendrick Motorsports?

There are a few motorsports teams in the world that can boast of the kind of achievements that Hendrick Motorsports has had. Rick Hendrick's organization is the winningest team in the history of the NASCAR Cup Series and after four decades of existence, they are only getting better. It's not just the Cup Series that the team has been successful in as they have Xfinity and Truck Series championships in their cabinet as well. When it comes to dominance in stock car racing, no team has ever matched up to the brilliance of HMS no matter what obstacles have come their way.

USA Today via Reuters

The history of Hendrick Motorsports

Back when NASCAR's popularity was on a meteoric rise, a car dealership owner by the name of Rick Hendrick founded a race team called All-Star Racing along with Harry Hyde. The following year, its name was changed to what fans are familiar with today, Hendrick Motorsports. At the time, things were not easy for Hendrick and there were genuine fears about the team being forced to shut down operations in its very first season. However, when Geoff Bodine defied the odds to win their first race in 1984 at Martinsville, a lot of people, including Hendrick himself, rested easy.

via Getty

The team's expansion as a prominent Cup Series competitor came to fruition in 1986 when they upgraded from one car to two and then to three in 1987. In 2002, Rick Hendrick decided to have four cars in NASCAR's biggest competition and that has been their lineup ever since. Several great racers have had the honor of driving for the legendary team but their first-ever Cup Series champion was Jeff Gordon in 1995. Today, the 52-year-old is the vice-chairman and co-owner of the team and he also has an equity stake in the #24 team which currently has William Byron as its driver.

Why is the team named Hendrick Motorsports?

Well, it is quite obvious why Hendrick Motorsports is called Hendrick Motorsports. The team is the brainchild of Rick Hendrick so it seems only fair that it is named after the great motorsports veteran. However, when the organization was founded in 1984, it was called All-Star Racing. The rebranding of the team took place just one year into its existence but since then, it has remained the same. Today, the name Hendrick Motorsports is synonymous with success in NASCAR.

Hendrick Motorsports net worth 2024

Being the most successful Cup Series team sure has its perks and one of them is its sheer value. Today, Hendrick Motorsports is among the richest motorsports organizations the world has ever known. The team's net worth as of 2024 has not been made available as of yet but a Forbes report in 2020 pegged it to be at a whopping $315 million. That number has certainly increased as the team has won two Cup Series titles since then. Their success has also earned an astronomical amount of personal wealth for Rick Hendrick, whose net worth is estimated to be a whopping $1.1 billion.

USA Today via Reuters

But it's not just the race wins and championships that determine a team's net worth. A lot of that has to do with the sponsorship deals and endorsements that the team has. Hendrick Motorsports has the backing of some of the biggest companies in the world like Chevrolet, Ally, Coca-Cola, and Hooters just to name a few. Reports in 2023 also suggested that the team was investing in a $23 million facility in Concord which would only add to the team's earnings in the future.

Hendrick Motorsports racing drivers

When the team was first started in 1984, Hendrick Motorsports only had one car in the Cup Series. However, as time went by and they racked up the wins and championships, Rick Hendrick began his expansion. In 2002, the team had four cars in the competition and that is the case today as well. The four teams that race full-time for the team in NASCAR's biggest competitions are the #5, #9, #24 and #48. Each of these numbers has a lot of history behind them.

The #5, currently being driven by Kyle Larson, was the first car that Rick Hendrick fielded when the team was founded in 1984. Its first driver was Geoff Bodine who won a race in that very season at Martinsville to get the ball rolling for the future. The car's first Cup Series championship came in 1996 when Terry Labonte won it all and its second came in 2021 with Larson. Several other greats have also driven for the number, such as people like Ricky Rudd, Kyle Busch, Kasey Kahne, and Mark Martin.

USA Today via Reuters

The #9 has only ever seen one full-time driver but that man is well on his way to becoming one of the greatest the sport has ever seen. Chase Elliott has been one of the brightest stars in stock car racing for a while now and he won his only Cup Series championship so far with the #9 in 2020. He used to drive the #24 but was renumbered after the 2017 season to honor his father, Bill Elliott, who drove a #9 for most of his career.

via Getty

The #24 is what brought success to Hendrick Motorsports in terms of championships for the first time. Jeff Gordon was the driver of the car when the team won their first-ever Cup Series championship and the NASCAR legend went on to win three more titles with the same number. The #24 holds a legendary status in all of NASCAR and today, it is being driven by one of the brightest and most talented racers in stock car racing, William Byron.

USA Today via Reuters

And then there's the #48. It is the most successful number in modern-day NASCAR as the legendary Jimmie Johnson won a whopping seven Cup Series titles in that car. The #48 is the car that holds the record for winning the most number of successful Cup Series championships with five with Johnson. Anyone who gets the opportunity to sit behind the wheel of the #48 has massive shoes to fill and as of 2024, that person is Alex Bowman. The likes of Noah Gragson and Josh Berry have also raced in it on a few occasions. And then there was the #88 which was also driven by Bowman but made famous by Dale Earnhardt Jr. He might not have won a Cup Series championship with the car but he certainly won a lot of fans in it during his time at the team, and several race victories.

USA Today via Reuters

Hendrick Motorsports partnerships and endorsements

Rick Hendrick's organization has some of the biggest partnership deals in NASCAR today with some of the biggest companies in the world. One of the racing team's oldest relationships is with Chevrolet, which has been its engine manufacturer since the beginning. As per an article on the Hendrick Motorsports website, Mr H had said the team was lucky to have been with Chevrolet since the beginning. Apart from the American car manufacturer, HMS has partnership deals with companies like NAPA, Ally, Valvoline, Axalta, Hooters, Coca-Cola, and Liberty University.

The interesting one among all the aforementioned organizations is Liberty University which sponsors the #24 car of William Byron. It has been with the Cup Series star since 2014 and the current contract runs until the end of the 2026 season. The partnership has helped the university as HMS backs the School of Engineering’s Formula SAE effort which is one for the future as it deals with EV technology. Hendrick Automotive went one step further to help develop a degree specialization in automotive dealership management.

Hendrick Motorsports investments

A team the size and success of Hendrick Motorsports will make investments where it sees fit but one such attempt had not sat well with fans. In 2023, reports emerged that the Charlotte Motor Speedway had sold a whopping 82 acres of land to an entity related to Hendrick Motorsports for $22.6 million. It sent fears of the iconic race track suffering the same fate as Fontana.

As per the Charlotte Business Journal, the land will be used for a couple of advanced manufacturing projects under Mr H. After the sale, the city of Concord gave the green light to Rick Hendrick for the project to be undertaken, which will reportedly have an investment of $23.7 million. It will be interesting to see if the project affects the Charlotte Motor Speedway in any way and if so, how.

Hendrick Motorsports major achievements and awards

It is no wonder that Hendrick Motorsports is one of the biggest teams in stock car racing today as it is the most successful. The team has won more races and more championships than any other team in the history of the Cup Series. They have 14 Cup Series championship wins and more than 300 race wins so far in their illustrious history. Rick Hendrick's organization became the team with the most race wins in the Cup when they overtook Petty Enterprises in 2021 and won their 269th race.

The team's 14 Cup Series successes have come with drivers like Jeff Gordon (4), Jimmie Johnson (7, including 5 in a row), Terry Labonte (1), Chase Elliott (1) and Kyle Larson (1). But the Cup is not where the success story stops. Mr H's team has won the NASCAR Xfinity Series once (2003) and the Truck Series on 3 occasions (1997,1999, 2001). For his achievements in the competition, team owner Rick Hendrick was bestowed with the honor of being inducted into the NASCAR Hall of Fame in 2017.  But that did not stop his ambitions from expanding onto the global stage.

via Getty

Hendrick Motorsports and Garage 56

One of the first steps to that expansion was the team's shocking run in the 2023 edition of the 24 Hours of Le Mans. The project was called Garage 56 and Hendrick Motorsports brought a roaring modified stock car to the south of France to run the iconic race. It was truly a sight to see on the track as the huge #24 car completed the laps. The team had three of the best drivers in the world - Jimmie Johnson, Jenson Button, and Mike Rockenfeller. The goal was to finish the race which the team did in P39 out of 62. Certainly an impressive result for a debutante team.

Hendrick Motorsports' fateful plane crash

The team may enjoy its time as one of the biggest race teams in the world right now but the road has been a rocky one for Rick Hendrick and others involved. The legendary team owner suffered an unthinkable personal tragedy in 2004 when a plane crash took the lives of several people he considered near and dear, including his son Ricky Hendrick. The others who met their demise were John Hendrick and his daughters, Kimberly and Jennifer Hendrick, Jeff Turner, and Randy Dortom. They were all employees at HMS. The accident was attributed in part to pilot error, both of whom also lost their lives in the crash. Other passengers included Joe Jackson and Scott Lathram.

Hendrick Motorsports social media

Websitehttps://www.hendrickmotorsports.com/
Instagramhttps://www.instagram.com/teamhendrick/?hl=en
Facebookhttps://www.facebook.com/hendrickmotorsports/
Twitterhttps://x.com/TeamHendrick?s=20
NameHendrick Motorsports
OwnersRick Hendrick, Jeff Gordon
Base4400 Papa Joe Hendrick Blvd., Charlotte, North Carolina 28262
SeriesNASCAR Cup Series, Xfinity Series
Race DriversWilliam Byron, Kyle Larson, Chase Elliott, Alex Bowman
SponsorsChevrolet, NAPA, Ally, Valvoline, Axalta, Hooters, Coca-Cola, Liberty University
ManufacturerChevrolet
Founded1984
Last Race2023 NASCAR Cup Series Championship Race (Phoenix)
Championships14
Race Victories360
Net WorthLatest figures not updated ($315 million as of 2020)