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Post $6 Million+ Spending Spree, Hendrick Motorsports’ Kyle Larson Looks to Refuel Wallet With Bumper Paycheck

Published 12/15/2022, 6:30 AM EST

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Kyle Larson shocked everyone in NASCAR when he blazed through the 2021 Cup Series season. The Hendrick Motorsports driver delivered on the faith shown in him by the team. After recently splurging on a lavish mansion, he is currently seeking to address his bank balance.

Kyle Larson made the switch from Chip Ganassi Racing to Hendrick Motorsports in 2021. His best finish before 2021 had been his 6th place finish in 2019; in 2020, he competed in only 4 races after being banned. But in the very first season at HMS, Larson did the unthinkable – winning the Cup Series.

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And in what fashion! The successes he has achieved since joining the team in 2021 have also accompanied big prizes and paydays for the Californian driver. Having extended his contract with the team earlier this year, Larson is now settled and is spending big.

Big spender Kyle looking for payday

Among his most recent acquisitions have been a $5.6 million mansion in Scottsdale, Arizona, and a close to $2 million-worth luxury motorcoach.

With so many dollars flowing out, and a less-than-satisfactory 2022 season, he is now on the lookout for ways to recoup his investments. Since the off-season is going on, there are no events to compete in right now. However, Larson has his eyes set on the 2023 season.

The post from Larson on his social media handle lets his fans know that he will be competing in the High Limit Racing Series. To be held in the latter part of 2023, the Series announced that the final 3 races of the event will be worth close to $100,000 in prize money.

$100,000 might be a chump change for the multi-million-earning drivers of NASCAR, but will go a long way for the splurging Larson!

Kyle Larson and the Chili Bowl purse saga

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Kyle Larson had been a regular fixture at the Chili Bowl Nationals; 15 consecutive years of participation till the 2022 season. He even won the 2020 edition of the event, in what was a beautiful show of emotion from the driver.

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But that 15-year streak is most likely to break in 2023. And the reason behind it is the money that the race winner gets. The winner of the Golden Driller receives $10,000; that amount is too little, according to Larson. I’ve spent half of my life going there. But now that I’ve started racing in these other big events, against big names, and they just feel like a bigger deal to me than the Chili Bowl,” Larson said.

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“I just don’t see the race as one of the biggest ones like I used to because it hasn’t grown like other big races have. I want to see it grow for the betterment of the teams who have put so much into making it a really special week.”

“I’m just at the point where I want to see the purse grow a lot. So, for the time being, and unless that happens, I won’t be running it this year and I know there are a lot of racers that feel the same way,” he explained.

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Watch This Story: “Mid Talent” Kyle Larson Called Out for Double Standards as “Embarrassing” Darlington Move Resurfaces

For one of the biggest names to withdraw from your event cannot be good PR for a race. But Emmett Hahn looks unlikely to budge. Do you agree with Larson?

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Written by:

Abhay Tyagi

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Abhay Tyagi is a Formula 1 Author at EssentiallySports. Although he has completed his undergrad in Law and Management, he has always been eager to venture into the exciting field of sports journalism. With a special affinity for Engineering and Speed, Abhay has always found the world of Formula 1 quite exhilarating.
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Edited by:

Akash Pandhare