How Rich is the Former Racing Driver?

Danica Patrick’s net worth is estimated at $80 million as of 2023. She accrued her massive net worth through her career as a model, spokesperson, brand ambassador, onscreen credits, author, businesswoman, former car race driver, and more.

Danica Patrick is a former car race driver who recorded several years of success and laid her hands on a few other hustles. Just as she is still active and pursuing other businesses with much interest and passion, her net worth will keep increasing.

What is Danica Patrick’s Net Worth?

Danica Patrick’s net worth is estimated at $80 million, which has earned her a top spot on the list of richest female NASCAR drivers. In addition to her job as a car race driver, her enormous net worth also came from other businesses. 

Net Worth Growth

How Much Does Danica Patrick Make Per Year?

Danica Patrick reportedly makes about $10 million per year. This reportedly includes earnings from her former career as a car race driver and her other income sources. 

Danica Patrick began her journey as a car race driver in the late 1990s, and over the years, she created an indelible mark in the hearts of car race lovers. This not only increased her fan base but also increased her quest for success in her career, and she grew over the years to be one of the most sought-after car race drivers.

What Does Danica Patrick Do For a Living?

Danica Patrick is a model, spokesperson, brand ambassador, onscreen credits, author, businesswoman, former car race driver, and more. She has been able to gross a substantial net worth from all her endeavors, and here is all about them.

Car Race Driving

Danica Patrick grew up in a family that loved and supported car racing, which was why she had an early start in her career. She began with go-kart racing in high school and went to many competitions before eventually quitting school in mid-high school to pursue car racing. 

Meanwhile, when Danica was still a go-kart racer, she also got involved in motocross, snowmobiles, and midget car racing. In her early career as a go-kart racer, she won the HPV class three times, ten regional karting titles, and the World Karting Association Grand National Championship in the Yamaha Sportsman.

Being someone who dreamed big, she enrolled in the Lyn St. James Foundation Driver Development program, where she was trained for her big future career. After her training, she ditched school and moved to England, where her professional car racing career took off properly. 

Danica performed under the UK racing brand Formula Vauxhall, taking ninth place in the 1999 Formula Vauxhall Championship. She also performed under Formula Ford, emerged second in the 2000 Formula Ford Festival at Brands Hatch, and was awarded accordingly.

Having spent three years in the United Kingdom, she returned to the United States after she ran out of funds. She also performed under the Toyota Atlantic Series in 2003 and 2004, recording major successes before leaving. Meanwhile, it is not known if Danica Patrick’s net worth improved for performing in the car race series, as she was still a struggling car race driver then.

IndyCar Series

Danica Patrick inked a deal with the IndyCar series in 2004 and performed with them for six years, attaining various successes. In the 2005 IndyCar Series season and Indianapolis 500, she was named Rookie of the Year, but her breakthrough came in 2007 in the Andretti Green Racing. She also gained recognition in 2008 at the Indianapolis 500, as she finished the season in third place, and her performance was tagged as the best.

The car race driver finished second place in 2010 before moving on to her next series. Her earnings in the IndyCar Series boosted her net worth, though the exact amount she was paid is unknown. However, according to some sources, she earned millions of dollars as her starting salary.

 Stock Cars

Having recorded enormous success in the previous series that she performed under, Danica moved on to Stock Cars in 2010. She recorded her first performance in 2010 in the Xfinity Series, previously known as the NASCAR Nationwide Series. As much as she broke many records in the series, her best performance was taking the 26th spot in points with 321 accrued and emerging in eleventh place at Texas Motor Speedway.

She performed in the Sprint Cup Series under Stock Cars from 2012 to 2014. Danica Patrick continued to excel in her career and became the second woman ever to clinch a pole position, which qualified her for the DRIVE4COPD 300. In 2013, she emerged as the first female NASCAR driver to win the NASCAR Sprint Cup Series pole. In 2017, she announced her exit from car racing after competing at the 2018 Indianapolis 500 and the 2018 Daytona 500.

Danica Patrick’s net worth must have increased immensely with a career that spanned seven years in stock car racing. She did not reveal all that she was paid while in Stock Cars, but according to some sources, her earnings for 2012, 2013, and 2014, were $1.1 million, $3.4 million, and $893,700. Meanwhile, while at Sports Cars as a full-time car race driver, her salary was reported to be $7.5 million, which must have improved her net worth.

Brand Ambassador

Danica Patrick’s net worth has also increased through the pay from the brands she endorses. With a successful car racing career, it comes as no surprise that numerous brands want to associate with her. Her beauty and stature earned her a spot on the covers of some sports magazines like Sports Illustrated, ESPN magazine, and FHM.

Other brands that she endorses include GoDaddy.com, Nationwide Insurance, Coca-Cola, William Rast, Peak Antifreeze, AirTran Airways, Chevrolet, Nature’s Bakery and Lyft, Tissot, Secret, and Hot Wheels. As much as what she earns as a brand ambassador is unknown, she cashes out a substantial amount from them.

Onscreen Credits

Danica Patrick is not just a great car race driver but also has great acting skills, which have earned her some gigs. She put her driving skills to good use in the 2010 TV show CSI: NY, where she was cast as a racing driver suspected of murder. Her other onscreen appearances include Blaze and the Monster Machines, Running Wild with Bear Grylls, Project Runway All Stars, American Ninja Warrior, The Simpsons, and more.

Apart from appearing in movies and TV shows, top artists have also featured Danica in some music videos. These artists include Cardi B, Jay-Z, Maroon 5, and more. While she has yet to reveal how much she earns for being one of the cast members of an onscreen project, Danica Patrick’s net worth is sure to increase through it.

Other Hustles That Danica Patrick Has Engaged In

Danica Patrick’s net worth has also increased effectively with her business endeavors. The former car race driver has a few businesses running under her name. She owns Somnium, a wine brand based in Helena, California, the United States. The former car race driver also owns Warrior by Danica Patrick, an athleisure collection designed in collaboration with G-III Apparel Group.

She is also an author and has worked as a feature writer with the Player’s Tribune. Danica has successively authored two books titled Danica–Crossing the Line and Pretty Intense: The 90-Day.

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