Kyle Larson has firmly established himself as one of the brightest stars in NASCAR, and as of 2025, his net worth is estimated at $20 million, a figure that underscores not only his success on the track but also his ventures off it.
Larson is celebrated for his adaptability across various racing formats. His sharp car control, raw speed, and determination have cemented him as a dominant competitor in the NASCAR Cup Series.
Larson’s journey began in dirt racing before moving up the ranks, ultimately earning a Cup Series seat with Chip Ganassi Racing in 2013.
After several years of steady progress and multiple race victories, his career faced a major hurdle in 2020 when he was suspended following the use of a racial slur during an online racing event.
Following sensitivity training and a year away from the sport, he was given a second chance by Hendrick Motorsports—an opportunity he seized extraordinarily.
In his first season with Hendrick, Larson delivered a historic campaign, securing 10 victories and a Cup Series championship.
Since then, he has continued to collect major wins, pole positions, and stage victories while leading more than 10,000 laps across his Cup career.
He has also earned recognition for attempting the grueling Indy 500/Coca-Cola 600 double, underscoring his relentless passion for racing.
Life Before Fame
Kyle Miyata Larson was born on July 31, 1992, in Elk Grove, California. His introduction to racing came early—attending his first race just a week after his birth. By the age of seven, Larson had already begun competing, starting with outlaw karts and later moving into open-wheel and sprint cars.
His early talent was evident, as he became one of the youngest drivers ever to win a sprint car race at Placerville Speedway. This rapid rise laid the foundation for his future as a top-tier motorsports competitor.
Professional Racing Journey
Today, Larson competes full-time in the NASCAR Cup Series, driving the No. 5 Chevrolet Camaro ZL1 for Hendrick Motorsports, while also appearing part-time in the NASCAR Xfinity Series.
His reputation as one of the most versatile drivers in the world stems from his victories across nearly every major discipline, including stock cars, sprint cars, and midget racing.
Larson’s early accolades included:
2011: USAC Silver Crown Rookie of the Year
2012: NASCAR K&N Pro Series East Rookie of the Year
2013: Nationwide Series Rookie of the Year
2014: Cup Series Rookie of the Year
He also earned wins at prestigious events like 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 his suspension in 2020, Larson returned with Hendrick Motorsports in 2021 and produced one of the most dominant seasons in NASCAR history—winning 10 races, sweeping the regular-season and championship titles, and re-establishing himself as one of the sport’s elite.
Since then, his legacy has grown through marquee victories in the Coca-Cola 600 and back-to-back Chili Bowl Nationals (2020, 2021). To date, he has amassed more than 30 Cup Series wins, over 10,000 laps led, and has been recognized as Best Driver at the ESPY Awards.
Earnings And Investments
Kyle Larson ranks among NASCAR’s highest-paid drivers. His annual earnings are estimated at $10 million, with around $8 million in salary from Hendrick Motorsports and an additional $2–3 million from endorsements.
Over the course of his career, Larson’s total income—including salaries, winnings, and performance bonuses—has exceeded $30 million. His championship-winning season and consistent playoff appearances further boosted his financial profile.
Beyond his on-track income, Larson co-founded the High Limit Racing Sprint Car Series, which has expanded significantly in grassroots racing. He has also invested in real estate, acquiring high-value properties in racing hubs like North Carolina and Arizona.
Controversy: The Racial Slur Incident
In April 2020, during a Twitch livestream, Larson used the n-word, believing his microphone was muted. The fallout was immediate—he was dismissed by Chip Ganassi Racing and dropped by major sponsors including McDonald’s and Credit One Bank.
After serving his suspension and undergoing mandatory training, Larson returned in 2021 with Hendrick Motorsports, using the setback as a turning point in his career.
Personal Background
Kyle Larson married Katelyn Sweet in September 2018. She is the sister of fellow racer Brad Sweet, a World of Outlaws sprint car driver. Together, the couple has three children: sons Owen Miyata and Cooper Donald, and daughter Audrey Layne.
Larson is of mixed heritage—his mother is Japanese American, and her parents endured time in a World War II Japanese internment camp. Beyond racing, Larson 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 a residence in Mooresville, North Carolina, purchased in 2014 for $789,000. He sold the property in November 2024 for $2.175 million, more than doubling his investment.
FAQs
What Are His Main Sources Of Income?
His wealth comes from NASCAR salary and winnings, endorsements, prize money, real estate, and earnings from other racing events.
Does He Still Compete Outside Of NASCAR?
Yes. Larson frequently participates in sprint car and dirt track races, which bring additional income and boost his popularity.
Where Does Kyle Larson Live?
He owns a luxurious home in Scottsdale, Arizona, among other assets.
Can His Net Worth Increase In The Future?
Absolutely. With his ongoing success and potential for new sponsorships, investments, and championships, Larson’s wealth is likely to grow.