
via Getty
HAMPTON, GA – AUGUST 29: Tony Stewart, driver of the #14 Bass Pro Shops / Mobil 1 Chevrolet, speaks to the media prior to practice for the NASCAR Sprint Cup Series Oral-B USA 500 at Atlanta Motor Speedway on August 29, 2014 in Hampton, Georgia. Stewart hit and killed sprint car driver Kevin Ward Jr. during a dirt track race August 9, after Ward Jr. had exited his car. (Photo by Jamie Squire/Getty Images)

via Getty
HAMPTON, GA – AUGUST 29: Tony Stewart, driver of the #14 Bass Pro Shops / Mobil 1 Chevrolet, speaks to the media prior to practice for the NASCAR Sprint Cup Series Oral-B USA 500 at Atlanta Motor Speedway on August 29, 2014 in Hampton, Georgia. Stewart hit and killed sprint car driver Kevin Ward Jr. during a dirt track race August 9, after Ward Jr. had exited his car. (Photo by Jamie Squire/Getty Images)
After several years behind the wheel in American Motorsports, the former NASCAR Cup Series driver, Tony Stewart, has accumulated a vast amount of wealth. As per the current year running, it is estimated that Stewart has crossed the $100 million mark on his net worth.
However, recently, during a podcast, the NHRA driver was asked if he had anything to do with an OTT motorsports broadcaster. Despite rolling in all of that dough, Stewart candidly argues that he has not been getting any richer while he also denied any involvement with the organization.
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Tony Stewart shuts down prospects of getting wealthier
At the TheBubbaArmy podcast, the American semi-retired professional driver was asked if he had anything to do with FloRacing. He outright denied any involvement, aside from the fact that the organization was their broadcasting partner. One of the podcasters then fantasized about how Stewart would have been richer if he was involved with the company.
The three-time Cup Series champion then said, “Richer? God, you obviously haven’t seen the bills I pay on these race teams. I went from comfortable to not as comfortable. I mean, I’m not ramen noodles, I’m not there yet.”
How much does it cost for Tony Stewart to run a racing team?
Stewart brings up the conversation about the costs surrounding a racing team during the podcast. But how much would it cost to field a team like Stewart-Haas Racing on the Cup Series grid? We all know that motorsports in general are an expensive affair. But if someone like Stewart talks about being not as comfortable because of owning a racing team, we know the costs would be massive.
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HAMPTON. GA – MARCH 19: Kevin Harvick 4 Stewart Haas Racing. Busch Light Ford during the running the NASCAR. Motorsport. USA Cup Series Ambetter Health 400 race on March 19, 2023. At the Atlanta Motor Speedway in Hampton, Georgia. Photo by David J. Griffin/Icon Sportswire AUTO: MAR 19 NASCAR Cup Series Ambetter Health 400. Icon95323031903051
Apparently, back in 2014 it was estimated that SHR would be spending upwards or around the $1.4 million mark, per race. Yup, not even a season. That’s just for a single race. However, that is from nearly a decade ago, the costs would have been much higher now.
Another thing to consider is that a totaled car would easily diminish an additional half a million dollars. Moreover, in a sport like NASCAR, getting involved in a wreck is something that happens out of the blue.
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There are several other factors to take in when calculating costs. However, racing teams, in general, do not reveal their expenditures to the public. Hence, it rarely happens that one gets the full picture of the economics behind fielding a racing team. No wonder NASCAR teams are so reliant on sponsor money.
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