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From Kyle Busch to Jimmie Johnson and Chase Elliott: The 10 Highest-Earning NASCAR Drivers In 2020

Published 12/25/2020, 10:48 AM EST

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The valuation of NASCAR has increased in recent times, thanks to the sport’s biggest stars. Naturally, the drivers receive good remuneration, based on the reported NASCAR salaries contracts with their respective teams, along with sponsorship and endorsement agreements.

Without further delay, we look at the latest estimates of the total earnings of the top-10 highest-earning drivers in NASCAR in the year 2020.

1) Kyle Busch – $17.8 million

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The two-time NASCAR Cup Series champion leads the way in the division and is obviously a great brand by himself. With the likes of M&M and Mars emblazoning his cars’ paint schemes, Kyle Busch has built his reputation as a solid race-winner.

He also co-owns the ‘Kyle Busch Motorsports’ team, which operates in the NASCAR Truck Series and Nationwide Series.

2) Jimmie Johnson – $17.6 million

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The former Hendrick Motorsports man obviously finds himself atop this list, owing to his association with several known brands. A reputed name in the NASCAR circuit, his success in winning the Cup Series title seven times saw him become one of the best drivers of all-time.

Johnson retired from the division following the 2020 campaign and now moves to the IndyCar series.

3) Denny Hamlin – $14.6 million

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The 2020 Daytona 500 winner has been around for quite some time in the Cup Series now. Competing with Joe Gibbs Racing for close to two decades, Hamlin has a host of partnerships to his name, such as Nike, FedEx, and Coca-Cola.

He recently became a NASCAR team co-owner, now operating the ‘23XI Racing’ team together with Michael Jordan.

4) Kevin Harvick – $12.2 million

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Absolutely phenomenal in the 2020 season, Harvick showed why he is one of the well-paid drivers out there. The Stewart-Haas Racing driver is already one of the big names in the sport, and for good reason.

He will headline the team’s challenge to win a Cup Series title in 2021 and starts as a favorite.

5) Martin Truex Jr – $11.5 million

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Another quality driver at a premier organization called Joe Gibbs Racing is Martin Truex Jr. A Cup champion in the 2017 season, his reputation has soared in recent times. The 40-year-old had a good 2020 season, posting one win at Martinsville and securing 13 top-five finishes.

6) Brad Keselowski – $10.4 million

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Team Penske’s No.2 team driver secured four race wins this year and reached the ‘Championship 4” stage. He also owns the ‘Keselowski Advanced Manufacturing’ and previously operated a racing team named ‘Brad Keselowski Racing’.

7) Chase Elliott – $10.2 million

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The 25-year-old was bang for the buck this season. He went all the way to win the Cup Series championship after a thrilling race at Phoenix Raceway.

8) Joey Logano – $10 million

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One of Team Penske’s most valuable drivers, Logano qualified for the ‘Championship 4’ race this year. He secured three wins this year, including a stunning playoffs victory in Kansas.

9) Kyle Larson – $8.8 million

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Previously contracted to Chip Ganassi, Larson switches teams for the new season, joining Hendrick Motorsports. The Cup Series driver also won this year’s dirt-track racing event, the Chili Bowl Nationals.

10) Clint Bowyer – $6.9 million

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Moving away from professional Cup Series driving after this year, Bowyer remains one of the sport’s most famous personalities. In his 15-year racing career, Bowyer drove for teams like Richard Childress Racing and Stewart-Haas Racing.

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Written by:

Bhargav Gopal

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Hailing from Bengaluru, Bhargav is an F1 and NASCAR author for EssentiallySports. He is a huge fan of Max Verstappen and Red Bull Racing. Bhargav also has an MBA in Sports Management from the Symbiosis School of Sports Sciences, Pune.
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