Kyle Larson Net Worth

What Is Kyle Larson's Net Worth?

Kyle Larson is an American professional stock car racing driver who has a net worth of $20 million. Kyle Larson is one of the most talented and versatile drivers in modern motorsports. Known for his speed, car control, and ability to win on virtually any type of track, Larson has become a dominant force in the NASCAR Cup Series. He began his career in dirt racing and quickly rose through the ranks, earning a Cup Series seat with Chip Ganassi Racing in 2013. After several seasons of steady progress and multiple race wins, Larson's career took a major turn in 2020 when he was suspended for using a racial slur during an online racing event. Following his suspension and completion of sensitivity training, he was given a second chance by Hendrick Motorsports.

Larson capitalized on that opportunity in historic fashion, winning 10 races and securing the Cup Series championship in his first season with Hendrick. Since then, he has continued to rack up wins and accolades, including multiple stage wins, pole positions, and race victories at key tracks like Kansas Speedway. He has led over 10,000 laps in his Cup career, ranking among the top active drivers, and has tied or surpassed several NASCAR legends on the all-time wins list. Larson has also made headlines for attempting the grueling Indy 500/Coca-Cola 600 double, showcasing his commitment to racing excellence.

Early Life

Kyle Miyata Larson was born on July 31, 1992, in Elk Grove, California. Kyle attended his very first race just a week after birth with his parents, and he started racing at the age of seven. He began by racing outlaw karts and open-wheel cars before moving on to sprint cars. He became one of the youngest drivers ever to compete when he won his first sprint car race at Placerville Speedway.

Racing Career

Kyle Larson is a full-time competitor in the NASCAR Cup Series, driving the No. 5 Chevrolet Camaro ZL1 for Hendrick Motorsports. He also competes part-time in the NASCAR Xfinity Series, piloting the No. 17 Chevrolet Camaro for the same team. Widely regarded as one of the most versatile and skilled drivers in modern motorsports, Larson has earned victories across nearly every major form of racing, including stock cars, sprint cars, and midget racing.

Larson began turning heads early in his career, earning USAC Silver Crown Rookie of the Year honors in 2011, followed by NASCAR K&N Pro Series East Rookie of the Year in 2012. He was the Nationwide Series Rookie of the Year in 2013 and the Cup Series Rookie of the Year in 2014. His early accolades include wins at the Belleville Midget Nationals (2011), Turkey Night Grand Prix (2012, 2016, 2019), the 2015 Rolex 24 at Daytona, and the Eldora Dirt Derby (2016).

After a brief suspension in 2020, Larson returned to NASCAR with Hendrick Motorsports and delivered one of the most dominant seasons in Cup Series history, winning 10 races and capturing both the regular season and championship titles. He has continued to add to his legacy with victories in marquee events like the Coca-Cola 600 and the Chili Bowl Nationals (2020, 2021), and has surpassed 30 career Cup Series wins. Larson has also led over 10,000 career laps in the Cup Series and earned recognition as Best Driver at the ESPY Awards.

In addition to his NASCAR success, Larson has pursued the prestigious Indianapolis 500/Coca-Cola 600 double—an elite challenge that further highlights his status as one of racing's most dedicated and ambitious competitors.

Career Earnings

Kyle Larson has established himself as one of the highest-paid drivers in NASCAR. His annual earnings are estimated at around $10 million, including approximately $8 million in base salary from Hendrick Motorsports and an additional $2–3 million from endorsements.

Over the course of his career, Larson's total earnings from salary and race winnings have surpassed $30 million. His income has been bolstered by consistent on-track success, including multiple Cup Series victories and a championship season, as well as lucrative bonuses for stage wins and playoff performances.

In addition to his racing income, Larson has diversified his financial portfolio. He co-founded the High Limit Racing Sprint Car Series, which has grown steadily and become a significant part of the grassroots racing scene. He has also made real estate investments, including the purchase of a multimillion-dollar mansion in Arizona.

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Racist Remark

In April 2020, during a Twitch livestream, Kyle used the "n-word" when he thought no one could hear his microphone. Within 24 hours, his team, Chip Ganassi Racing, fired him. He was also dropped by sponsors like McDonald's and Credit One Bank.

Personal Life 

Kyle married Katelyn Sweet, the sister of World Of Outlaw sprint driver and NASCAR driver Brad Sweet, in September 2018. Together, they have two sons, Owen Miyata and Cooper Donald, and a daughter, Audrey Layne.

Kyle's mother is a Japanese American, and her parents spent time in a Japanese internment camp.

Larson made a cameo in 2017's "Logan Lucky," in which he played a limo driver.

Real Estate

In November 2022, Kyle paid $5.6 million for a 6,500-square-foot home in Scottsdale, Arizona. Larson previously owned property in Mooresville, North Carolina, the hub of NASCAR activity. He bought the home in 2014 for $789,000. He sold it in November 2024 for $2.175 million. Here's a video tour of his former North Carolina home:

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