Kyle Larson’s net worth is estimated at $30 million, making him one of the wealthiest and most respected drivers in modern motorsports.
His fortune comes from a combination of racing salaries, prize winnings, performance bonuses, and endorsement deals.
Since joining Hendrick Motorsports in 2021, Larson’s annual income has reportedly ranged between $8 and $10 million, cementing his status as one of NASCAR’s top earners.
Early Life
Kyle Miyata Larson was born on July 31, 1992, in Elk Grove, California. Racing was part of his life from the very beginning—he attended his first race just a week after birth with his parents.
By the age of seven, Larson had already started competing in outlaw karts and open-wheel cars.
His natural talent shone early, and he won his first sprint car race at Placerville Speedway, becoming one of the youngest drivers to achieve such a feat.
Racing Career
Larson is a full-time NASCAR Cup Series driver, piloting the No. 5 Chevrolet Camaro ZL1 for Hendrick Motorsports, and also competes part-time in the NASCAR Xfinity Series with the No. 17 Chevrolet Camaro.
Widely regarded as one of the most versatile drivers in motorsports, Larson has won in nearly every racing discipline, including stock cars, sprint cars, and midget racing.
Career Highlights & Awards:
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USAC Silver Crown Rookie of the Year (2011)
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NASCAR K&N Pro Series East Rookie of the Year (2012)
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Nationwide Series Rookie of the Year (2013)
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Cup Series Rookie of the Year (2014)
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Wins at Turkey Night Grand Prix (2012, 2016, 2019), Belleville Midget Nationals (2011), Rolex 24 at Daytona (2015), Eldora Dirt Derby (2016)
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10 race wins and Cup Series championship in 2021 with Hendrick Motorsports
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Over 10,000 laps led in Cup competition, surpassing several NASCAR legends
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Winner of marquee events like the Coca-Cola 600 and Chili Bowl Nationals (2020, 2021)
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Attempted the Indy 500/Coca-Cola 600 double, showcasing his versatility and ambition
After a brief suspension in 2020 for using a racial slur, Larson returned to the sport stronger than ever, delivering one of the most dominant seasons in Cup Series history and solidifying his reputation as one of the top drivers of his generation.
Endorsements & Career Earnings
Kyle Larson has earned $30–40 million in on-track income throughout his career, including salary, prize money, and bonuses.
His lucrative endorsement deals further increase his annual income by several million dollars. Key partners include:
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HendrickCars.com
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Valvoline
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Oakley
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Prime Hydration
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FloRacing
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Pristine Auction
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Jinya Ramen Bar
These partnerships reflect Larson’s marketability and reputation as a consistent, high-performing athlete in the motorsports world.
Controversy: Racist Remark
In April 2020, Larson was suspended after using a racial slur during a Twitch livestream. Chip Ganassi Racing terminated his contract, and several sponsors, including McDonald’s and Credit One Bank, dropped support.
Larson completed sensitivity training and was later given a second chance by Hendrick Motorsports, where he returned to dominate the Cup Series.
Personal Life
Larson married Katelyn Sweet in September 2018, who is the sister of NASCAR driver Brad Sweet. The couple has three children: Owen Miyata, Cooper Donald, and Audrey Layne.
Larson is of Japanese-American descent, and his maternal grandparents were interned during World War II. He also made a cameo appearance in the 2017 film Logan Lucky as a limo driver.
Real Estate
In November 2022, Larson purchased a 6,500-square-foot home in Scottsdale, Arizona, for $5.6 million.
Previously, he owned property in Mooresville, North Carolina, the NASCAR hub.
He bought his North Carolina home in 2014 for $789,000 and sold it in November 2024 for $2.175 million.
FAQ
Has Kyle Larson won a NASCAR Cup Series championship?
Yes, Larson won 10 races and the Cup Series championship in his first season with Hendrick Motorsports in 2021.
Did Kyle Larson face controversy in his career?
Yes, he was suspended in 2020 for using a racial slur during a livestream but returned after completing sensitivity training.
What notable races has Kyle Larson won?
Larson has won races such as the Coca-Cola 600, Chili Bowl Nationals, Eldora Dirt Derby, and over 30 Cup Series events.
Where does Kyle Larson live?
Larson currently resides in Scottsdale, Arizona, and previously owned a home in Mooresville, North Carolina.