What do nascar drivers earn

Experienced drivers can also find additional ways of earning money, including endorsement deals. Drivers are treated more like independent contractors than the union employees found in team sports, and so much of the salary information remains private. Drivers keep anywhere from 40 to 45 percent of the prize money that they win for their team throughout the year. This money is typically considered to be part of the driver's overall salary and can greatly increase annual earnings.

What separates the drivers in F1 from those who don't make it is their cash, or their cash-rich sponsors. There are only 20 seats in F1. Most teams do not have 4 full-time drivers, but this means that there can be up to 68 NASCAR drivers at any time, and races often have 40 drivers in them. There are the F2 and F3 series in which drivers who do not make it all the way to F1 can compete, but these jobs barely pay anything, if at all.

NASCAR drivers don't have deals similar to that of a footballer or a basketball player, so they have to rely predominantly on winning races and making themselves marketable. The next few possible steps can be getting used to go-karts and smaller cars before graduating to the bigger racing ones, taking part in local races, learning the mechanics of the car, and attending a NASCAR driving course.

Getting an internship with NASCAR and passing the test to obtain the competition license can be the possible road ahead. In that context, one needs to be winning races and have the ability to network with people to land sponsor s. New User posted their first comment. Log in. Be prepared for a lot of hard work and luck. Drivers must be in top physical condition and have quick reflexes. Today's drivers are slim with toned muscles.

They must be available to answer questions from fans and sign autographs. Drivers are not just skilled in racing at high speeds, they are also entertainers who please their audiences with their personalities. Many drivers start off at a very early age racing go-karts, then they move up to full-size cars. You must enroll in a racing school, such as the course offered by the Sports Car Club of America, and earn a competition license to enter races.