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NASCAR is an expensive business and the rewards are also bountiful. So, when drivers win a race or the championship, they are handsomely rewarded. As a four-time Cup Series champion, Jeff Gordon will have earned a lot of money. On one occasion, he decided to indulge himself and bought a fancy yacht.

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The former Hendrick Motorsports driver bought it in 2007 and named it 24 Karat. In terms of its specifications, the yacht is 32.3 meters long and can house eight people in the cabins. Meanwhile, the boat can also house four crew members in two cabins. It is also worth mentioning that the company Lazzara is the one in charge of building it and designing it.

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Its other specifications include a speed of 28 knots, courtesy of 2 Detroit Diesel engines, comprising a total of 3,600hp. In terms of volume, it weighs around 189 tons and has a Maritime Mobile Service Identity (MMSI) number. Finally, it cost Jeff Gordon around $5 million and costs him between 0.5-1 million to run it.

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Where does Jeff Gordon keep the yacht?

According to reports, the yacht resides in Tampa, Florida, and is unavailable for yacht charter. Currently, though, the former NASCAR champion maybe a touch too busy to be on the boat. This is because he is serving as the vice-chairman of Hendrick Motorsports. So, he will be working closely with Chase Elliott, Kyle Larson, Alex Bowman, and William Byron.

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Next year, Hendrick Motorsports will be focusing on the Next Gen cars. They know that these new cars are a big unknown for everyone. Luckily in January, there will be two final tests to determine the rules package for the coming season. With this, the paddock will know the pecking order for the new campaign. Obviously, Hendrick Motorsports does not want to surrender its advantage, and Jeff Gordon will be working hard for it.

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READ MORE: “Refuses to Lose” – Corey LaJoie Weighs In on the NASCAR ‘Greatest of All-Time’ Debate

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Dhruv George

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Dhruv George is EssentiallySports’ foremost authority on motorsport and a founding member of the outlet’s NASCAR desk. A Journalism graduate fluent in English and French, he brings over eight years of motorsports journalism experience covering everything from high-octane NASCAR battles to the finesse of Formula 1 and MotoGP. His extensive paddock access has earned him exclusive interviews with top names such as Know more

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