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NASCAR Owners Floyd Mayweather vs Joe Gibbs Net Worth Battle: Who is the Richer Team Owner?

Published 09/19/2022, 9:15 AM EDT

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We often see NASCAR teams battle each other on the track during the weekends. The run-ins, the passionate driving, and the winning celebrations – fans love all of it. The other group of people who can’t get enough of these races is the team owners. And it’s interesting to witness their off-track battle for the race of rich, richer, and richest!

Former boxer Floyd Mayweather Jr entered the NASCAR world in February 2022. With his new venture The Money Team Racing, the legendary boxer competed in certain races in the 2022 NASCAR Cup Series. Currently, the team runs a #50 Chevrolet Camaro (honoring Mayweather’s legendary 50-0 win) with driver Kaz Grala.

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However, although Mayweather is new to NASCAR, he has been the richest boxer of all time. With around $450 million of net worth according to Celebrity Net worth, the American boxer earned a salary of $300 million per fight!

On the other hand, Joe Gibbs Racing has been participating in the NASCAR Cup Series since 2000. Owned by former Washington Redskins coach, Joe Gibbs, the team has a robust driver lineup. Since 2000, the team has registered five Cup Series victories and is currently the home to drivers like Denny Hamlin, Kyle Busch, Christopher Bell, Martin Truex Jr, Brandon Jones and Ty Gibbs.

But on looking at team owner Joe Gibbs’ money stats, Celebrity Net Worth reports that the former NFL coach and entrepreneur have amassed a net worth of $60 million throughout his career. Gibbs, who coached quarterbacks Joe Theismann, Doug Williams, and Mark Rypien to Super Bowl victories, now owns one of the top NASCAR teams.

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Although Floyd Mayweather wins the round of being the one with more money, Joe Gibbs has definitely ceased the round for leading his team to the most wins in NASCAR.

Who is the richest team owner in NASCAR?

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According to Forbes, Penske Automotive Group owner, Roger Penske is worth $3.2 billion. Best known for its auto dealership, Penske Automotive Group sells new and used cars along with its iconic yellow rental trucks.

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Owing to his whopping $3.2 billion net worth, Roger Penske can be dubbed the richest team owner in NASCAR. His Team Penske competes in the IndyCar Series, NASCAR Cup Series, IMSA SportsCar Championship, and FIA World Endurance Championship.

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Over the years, the team has registered over 500 race victories and 40 championship wins across all racing genres. Currently, Team Penske is home to three Cup Series drivers Ryan Blaney, Joey Logano, and Austin Cindric.

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Written by:

Devyani Sharma

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Devyani Sharma is a NASCAR Author at EssentiallySports. Having completed her postgrad in English Literature, she has worked as a content writer for a while now. With over three years of experience in the field and hundreds of articles published on the web, Devyani has now associated with EssentiallySports to start her journey in the world of sports journalism.
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Edited by:

Nizamul Haque Bhuyan