Rick Hendrick Net Worth
Rick Hendrick net worth: Rick Hendrick is an American businessman and entrepreneur who has a net worth of $1 billion dollars. Joseph Riddick Hendrick III was born in Warrenton, North Carolina in July 1949. He is best known for being the owner of the NASCAR team Hendrick Motorsports. He started drag racing at the age of 14. After college, he opened a small used-car lot and became the general sales manager. He later became the youngest Chevrolet dealer in the U.S. He now owns the Hendrick Automotive Group and has 80 franchises in ten different states. Hendrick serves as chairman and the company is the sixth largest dealership in the U.S. As a racer he competed in the NASCAR Sprint Cup Series, NASCAR Nationwide Series, and the NASCAR Camping World Truck Series. He started a drag boat racing team in the late 70s that won three consecutive championships and set a world record. He moved to NASCAR Model Sportsman Series and earned a victory. He started All-Star Racing in 1984. Rick now owns the Hendrick Motorsports racing team and has four full-time drivers: Jimmie Johnson, Chase Elliott, Alex Bowman, and William Byron. His former drivers include Jeff Gordon, Dale Earnhardt, Jr., and Kasey Kahne. Rick and his wife Linda were involved in a plane crash in 2011 that left him with 3 broken ribs and a fractured clavicle. His son Ricky Hendrick was a NASCAR driver and died in an airplane accident. Hendrick Motorsports has won 12 Monster Energy Cup Series championships. In 2017 Rick Hendrick was inducted into the NASCAR Hall of Fame. Sponsors for Hendrick Motorsports include NAPA, Hooters, Mountain Dew, Kelly Blue Book, Lowe's, and more. The brand opened in 1984 and is co-owned by Jeff Gordon and Rick's wife Linda Hendrick. Rick Hendrick pleaded guilty to mail fraud in 1987 but received a full pardon from President Clinton in 2000.