Chase Elliott Net Worth

What is Chase Elliott's Net Worth?

Chase Elliott is an American stock car racing driver who has a net worth of $40 million.

The son of NASCAR Hall of Famer Bill Elliott, Chase built his own identity by becoming a national series champion before reaching the Cup Series, then carrying the famous No. 9 Chevrolet for Hendrick Motorsports. Elliott won the 2014 NASCAR Xfinity Series championship, moved into the Cup Series full-time in 2016, and became NASCAR Cup Series champion in 2020, making the Elliotts one of the sport's rare father-son championship families. Known for his smooth driving style, road-course skill, and unusually loyal fan base, Elliott has combined old-school NASCAR lineage with modern commercial appeal. His career has included major wins at tracks like Watkins Glen, Charlotte, Talladega, Martinsville, Phoenix, Road America, Dover, and Texas, along with a long-term Hendrick Motorsports contract, major sponsorships, and repeated Most Popular Driver honors. As the face of one of NASCAR's premier teams, Elliott has remained one of the sport's defining stars.

Early Life

William Clyde "Chase" Elliott II was born on November 28, 1995, in Dawsonville, Georgia. He is the son of Bill Elliott, the 1988 NASCAR Cup Series champion and one of the most beloved drivers in the history of the sport. Bill's nickname, "Awesome Bill from Dawsonville," made the Elliott family name synonymous with Georgia racing long before Chase reached NASCAR's national stage.

Chase began racing at a young age and quickly emerged as more than just the son of a famous driver. He competed in short-track events, late models, and regional series before making his way into NASCAR's developmental ranks. By his teenage years, he was already viewed as one of the most promising young drivers in American motorsports.

Xfinity Series Breakthrough

Elliott's national breakthrough came in the NASCAR Xfinity Series. Driving for JR Motorsports, he won the 2014 Xfinity Series championship as a rookie. That title instantly elevated him into NASCAR's next-star conversation and helped position him as a natural heir to the Hendrick Motorsports Cup Series pipeline.

His Xfinity success was especially impressive because it came before he had even turned 19. Elliott showed the same traits that later defined his Cup career: consistency, patience, clean race craft, and an ability to perform under pressure. The championship also gave Hendrick Motorsports confidence that he could eventually take over one of the organization's most important Cup rides.

NASCAR Cup Series Career

Elliott moved into the NASCAR Cup Series full-time in 2016, replacing Jeff Gordon in Hendrick Motorsports' No. 24 Chevrolet. That was one of the most difficult assignments in modern NASCAR, as Gordon was a four-time champion and one of the most successful drivers in the sport's history. Elliott handled the transition well, winning Rookie of the Year and quickly becoming a weekly contender.

In 2018, Elliott shifted to the No. 9 Chevrolet, the number most closely associated with his father. That same year, he earned his first Cup Series victory at Watkins Glen, a road-course win that began one of the defining themes of his career. Elliott became one of NASCAR's elite road-course drivers, collecting victories at Watkins Glen, the Charlotte Roval, Daytona's road course, Circuit of the Americas, and Road America.

His greatest season came in 2020. Elliott won five races, including a pressure-packed victory at Martinsville that secured his spot in the Championship 4. He then won the season finale at Phoenix to claim his first NASCAR Cup Series championship. The victory made him part of an elite father-son championship group, joining his father Bill, who won the Cup title in 1988.

Elliott continued adding wins in the seasons that followed and remained a perennial playoff contender. As the driver of the No. 9 Chevrolet for Hendrick Motorsports, he has built a career résumé that includes more than 20 Cup Series wins and consistent status as one of NASCAR's most recognizable active stars.

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Career Earnings & Endorsements

Chase Elliott has been one of NASCAR's highest-earning drivers since becoming a full-time Cup Series competitor in 2016. His total gross on-track career revenue is estimated to be in the range of $80 million to $100 million, a figure that includes salary, purse shares, playoff bonuses, championship incentives, licensing, and sponsor-linked income.

A major reason for that earning power is the Hendrick Motorsports premium. Elliott drives the flagship No. 9 Chevrolet for one of NASCAR's most successful and valuable organizations. In 2022, Hendrick Motorsports announced a five-year contract extension that keeps Elliott with the No. 9 team through the end of the 2027 season. His annual compensation is commonly estimated at $8 million to $10 million when base salary, race earnings, team incentives, and performance bonuses are combined.

His 2020 championship season gave his earning profile a major boost. That year, Elliott won the Cup title, expanded his national profile, and further cemented himself as one of the sport's most marketable drivers. Deep playoff runs can significantly increase a top NASCAR driver's annual income because team winnings, sponsor bonuses, and postseason incentives rise with performance.

Elliott's sponsor portfolio has been one of the strongest in NASCAR. NAPA Auto Parts has been his anchor partner since his Xfinity Series championship days and has remained closely tied to the blue-and-yellow No. 9 Chevrolet. Coca-Cola has featured Elliott as part of its Coca-Cola Racing Family, while Mountain Dew, UniFirst, LLumar, and other corporate partners have backed him at various points.

Amazon Prime Video also became part of Elliott's commercial ecosystem as NASCAR expanded into streaming. The streaming sponsorship positioned Elliott as a bridge between traditional stock car racing fans and NASCAR's newer media partners.

Elliott's merchandising strength may be even more valuable over the long term. He has repeatedly ranked among NASCAR's most popular drivers and has dominated fan voting in the modern era. His ability to sell die-casts, apparel, and other licensed merchandise has made him one of NASCAR's most commercially valuable active drivers.

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