Latest Update: Rick Hendrick's Assets & Salary ( Updated) Net Worth 2026: Career Earnings & Assets

As one of the most talked-about figures, Rick Hendrick has built a significant fortune. In this article, we dive deep into the assets and career highlights.

What is Rick Hendrick's Net Worth?

As a team owner, Rick has enjoyed 16 Drivers' championships, 345 race wins, and 290 pole positions with Hendrick Motorsports and JR Motorsports (which Hendrick co-owns withDale Earnhardt Jr. and Kelly Earnhardt Miller), and many consider him to be NASCAR's most successful team owner. The Hendrick Motorsports headquarters is in Concord, North Carolina, and lies on a 140-acre property; 600 people are employed in the 430,000 square foot facility. In December 2018, Hendrick announced that Jeff Gordon will be taking over Hendrick Motorsports after Rick retires.

After college, Hendrick opened a small used-car lot and became the general sales manager at age 23. After buying a Bennettsville, South Carolina, franchise, Rick became America's youngest Chevrolet dealer at 26 years old and went on to found Hendrick Automotive Group, which employs more than 10,000 people. In 2016, the company earned $9 billion in revenue.

(Photo by Sarah Crabill/Getty Images)

Rick Hendrick was born Joseph Riddick Hendrick III on July 12, 1949, in Warrenton, North Carolina. His parents, Mary and Joseph, raised Rick and his brother, John, on a farm near Palmer Springs, Virginia. When Rick was 14, he built a 1931 Chevrolet and started drag racing, and at 16, he won the Chrysler-Plymouth Troubleshooting Contest (Virginia division). Hendrick attended Park View High School in Virginia, and though he originally considered a career in baseball, he enrolled in a co-op work study program after graduation, offered by Westinghouse Electric Company and North Carolina State University.

As a race car driver, Hendrick competed in the NASCAR Sprint Cup Series, NASCAR Nationwide Series, and the NASCAR Camping World Truck Series. He also started a drag boat racing team in the late 70s that won three championships and set a world record. Rick later co-owned and sponsored a few NASCAR Late Model Sportsman Series cars, earning a win with Dale Earnhardt in 1983. The following year, Hendrick started All-Star Racing (now known as Hendrick Motorsports), fielding a NASCAR Winston Cup team. With driver Geoff Bodine, the team competed in 30 races and finished ninth in the season.

Rick Hendrick is an American businessman, entrepreneur, and retired race car driver who has a net worth of $1 billion. Rick Hendrick is best known for being the owner of the NASCAR team Hendrick Motorsports. He also owns the Hendrick Automotive Group and has 140 franchises in 14 different states. Rick serves as chairman of the company, which is the United States' sixth-largest dealership. He has owned the Hendrick Motorsports racing team since 1984 and has four full-time drivers:Jimmie Johnson,Chase Elliott, Alex Bowman, and William Byron. His former drivers includeJeff Gordon,Dale Earnhardt, Jr., andKasey Kahne. Hendrick Motorsports has won 12 Monster Energy Cup Series championships (now known as the NASCAR Cup Series).

Ultimately, Rick Hendrick's financial journey is a testament to their success.

Disclaimer: All net worth figures are estimates based on public data.