Chase Elliott is a household name in the world of NASCAR, and it’s no surprise why. The 2020 NASCAR Cup Series Champion has proven time and again that he has what it takes to compete with the very best. Known for his dedication, skill, and fan-favorite status, Chase Elliott net worth in 2024 is estimated to be an impressive $15 million. Combining his illustrious racing career, endorsements, investments, and philanthropy, Elliott has crafted a legacy both on and off the track.
This article dives into the life, career milestones, earnings, and achievements that define Chase Elliott’s remarkable career trajectory.
Early Life and Family
Birth and Upbringing
Chase Elliott, whose full name is William Clyde “Chase” Elliott II, was born on November 28, 1995, in Dawsonville, Georgia, a city deeply rooted in NASCAR history. Growing up in a racing family, Chase’s early exposure to the sport came from his father, NASCAR legend and Hall of Famer Bill Elliott, who held the title of NASCAR Cup Series Champion in 1988.
Despite growing up surrounded by fame, Elliott kept his roots firmly planted in Dawsonville, working humble jobs like washing dishes at the Dawsonville Pool Room. This simplicity shaped his strong work ethic.
Early Passion for Racing
Elliott’s racing ambitions were evident from an early age. He started racing go-karts at just eight years old and quickly demonstrated his skill on the track. Between 2003 and 2011, he competed in various racing series, racking up more than 60 wins by the age of 15. His breakout moment came in 2011 when Rick Hendrick signed him to a developmental deal with Hendrick Motorsports.
Career Highlights
Youngest Champion and Early Achievements
Chase Elliott’s entry into professional racing was nothing short of groundbreaking. At just 18 years old in 2014, he became the youngest driver to win a NASCAR national series title, clinching the Xfinity Series Championship in a season that included three wins and 26 top-10 finishes in 33 races.
His success continued in the Cup Series, where he took over the iconic No. 24 car from Jeff Gordon in 2016 before switching to the No. 9 car—a nod to his father’s racing career—in 2018.
NASCAR Cup Series Success
Elliott claimed his first NASCAR Cup Series win at Watkins Glen International in 2018, igniting a career defined by consistency and brilliance. By 2024, with 19 Cup Series wins under his belt, including five road-course victories, Elliott has solidified himself as one of NASCAR’s most dominant drivers.
His crowning achievement came in 2020 when he claimed the NASCAR Cup Series Championship, joining an elite group of drivers to follow in their father’s championship-winning footsteps.
Endorsements and Earnings
Chase Elliott net worth is fueled not only by his success on the racetrack but also by lucrative endorsements. Elliott is the face of several major brands, including NAPA Auto Parts, Chevrolet, Hooters, Coca-Cola, and Mountain Dew. His endorsement deals reportedly bring in an estimated $3-5 million annually.
Accomplishments on and off the Track
Elliott is a six-time winner of the National Motorsports Press Association Most Popular Driver Award, a testament to his deep connection with fans. Beyond his racing achievements, he has dabbed into entertainment, lending his voice to animated films like Disney Pixar’s Cars 3.
Chase Elliott Net Worth Breakdown
| Category | Details |
|---|---|
| Net Worth | $15 Million |
| Primary Income Sources | NASCAR prize money, endorsements, and investments |
| Salary | $8 Million annually |
| Endorsements Earnings | $3-5 Million yearly |
| Height | 5 feet 10 inches (1.78 meters) |
| Weight | Approx. 145 lbs (66 kg) |
| Notable Awards | NASCAR Cup Series Champion (2020), 6-time Most Popular Driver |
| Philanthropy | Chase Elliott Foundation |
Real Estate and Investments
Elliott resides in his hometown of Dawsonville, Georgia, where he owns a luxurious $12 million mansion. Blending modern and rustic elements, the property boasts breathtaking mountain views and serves as the perfect retreat after a demanding racing schedule.
On the investment front, Elliott has ventured into real estate and energy startups, further expanding his wealth.
Personal Challenges and Triumphs
Battling Adversity
Elliott faced a significant setback in 2023 when he missed several races due to a snowboarding injury. Despite this challenge, he returned to form, nearly making the playoffs and helping his team secure a Top 10 finish in the owner standings. His resilience and determination to bounce back underscored his commitment to excellence.
Relationship with Fans
Elliott’s down-to-earth demeanor has endeared him to fans, making him a natural fit for NASCAR’s ethos. Whether interacting with fans or participating in community events, he consistently demonstrates humility and gratitude for his success.
Height, Weight, and Physical Attributes
Chase Elliott stands at 5 feet 10 inches (1.78 meters) and weighs around 145 lbs (66 kg). His lean, athletic build complements his high-octane racing lifestyle.
Awards and Recognition
Elliott’s accolades are a testament to his extraordinary career. Highlights include:
- Most Popular Driver (2018-2023): A record six consecutive wins.
- NASCAR Cup Series Champion (2020): Becoming one of the youngest champions in NASCAR history.
- Xfinity Series Champion (2014): Cementing his place as a NASCAR prodigy.
Philanthropy and Legacy
Elliott is equally known for his philanthropic efforts. Through the Chase Elliott Foundation, he supports charitable initiatives focused on healthcare and improving quality of life. His dedication to giving back mirrors his approach to racing—intentional and impactful.
Legacy and Future Aspirations
Chase Elliott has established himself as the face of modern NASCAR. With his fan-first approach, racing skills, and dedication to representation, he is set to continue breaking records and inspiring future generations.
Chase Elliott net worth is a testament to his work ethic and strategic decision-making, and with his career continuing to soar, his legacy as one of NASCAR’s greatest drivers is firmly in place.