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Kyle Larson Net Worth In 2023 - A Glimpse Into His Professionalism And Wealth In Racing

In addition, he has won the "Chilli Bowl Nationals," the "NASCAR K&N Pro Series East," and the "Belleville Midget Nationals." Stay with us to stay updated on Kyle Larson net worth and other information that will pique your curiosity.

Author:Iram Martins
Reviewer:Elisa Mueller
Nov 06, 2023
American professional stock car racing racer Kyle Larson. Since the early 2010s, the owner of the World of Outlaws sprint car squad has been a regular participant in the NASCAR Cup Series. He has amassed several victories over his brief career and been honored with numerous accolades, including "USAC Silver Crown Rookie of the Year" and "NASCAR Sprint Cup Series Rookie of the Year."
In addition, he has won the "Chilli Bowl Nationals," the "NASCAR K&N Pro Series East," and the "Belleville Midget Nationals." Stay with us to stay updated on Kyle Larson net worthand other information that will pique your curiosity.

Quick Info About Kyle Larson

Full NameKyle Miyata Larson
Date Of BirthJul 31, 1992
Place Of BirthElk Grove, California
ProfessionProfessional Racing Driver

Early Life Of Kyle Larson

In Elk Grove, California, Kyle Miyata Larson was born on July 31, 1992. A week after his parents brought him home from the hospital, Kyle went to his very first race. He began competing when he was seven years old. Before switching to sprint cars, he first raced open-wheel and illegal karts. When he won his maiden sprint car race at Placerville Speedway, he broke the record for the youngest driver ever to participate.

Racing Career

Kyle Larson winning a race
Kyle Larson winning a race
Kyle Larson is a full-time competitor in the NASCAR Cup Series, where he pilots Hendrick Motorsports' No. 5 Chevrolet Camaro ZL1. He part-time races in the NASCAR Xfinity Series in the No. 17 Chevrolet Camaro for the same team. Larson won the USAC Silver Crown Rookie of the Year award in 2011 and the NASCAR K&N Pro Series East Rookie of the Year award in 2012, respectively.
In 2013 and 2014, he earned the Nationwide Series and Cup Series Rookie of the Year, respectively. The 2011 Belleville Midget Nationals Championship, the 2012, 2016, and 2019 Turkey Night Grand Prix, the 2013 UNOH Battle at the Beach All-American, the 2015 Rolex 24 at Daytona, the 2016 Spring Showdown, and the 2016 Aspen Dental Eldora Dirt Derby are just a few of the competitions Kyle Larson has triumphed in.
He won the 2020 Indiana Midget Week, the 2020 Pennsylvania Speedweek, the 2020 Hoosier Hundred, the 2020 and 2021 Chili Bowl Nationals, the 2021 NASCAR Cup Series Regular Season Champion, the 2021 NASCAR Cup Series Champion, the 2021 Coca-Cola 600 winner, and the pole position for the 2022 Daytona 500, to name a few of his more recent accomplishments. At the ESPY Awards in 2022, Larson was recognized as the Best Driver.

Kyle Larson’s Sprint Car

The car of Kyle Larson
The car of Kyle Larson
It is no secret that Larson has a tremendous love for racing and pushing himself to drive a variety of vehicles. The Hendrick Motorsports standout used to compete fiercely in the dirt-track racing sphere before competing in the Cup Series. In line with his love for racing, he teamed up with his brother-in-law and fellow driver Brad Sweet to start a sprint car seriesduring mid-week termed High Limit Racing Series in 2022.
The series, which FloRacing broadcasts, attracts drivers and teams because it offers more awards and purse amounts. Larson regularly appears behind the wheel of the #57 white sprint car in the series. Team Silva Motorsports Inc., a company controlled by Paul Silva, is the car's owner and operator.

Height & Body Measurements

Kyle Larson is typically 1.68 m tall, or 5 feet 5 inches. The racing car driver, who was born in America, weighed around 61 kg (135 lb). His additional physical characteristics are not presently made public.

Kyle Larson Net Worth

As of 2023, professional American stock car racer Kyle Larson is expected to have a net worth of $14 million. Larson races in the NASCAR Cup Series full-time for Hendrick Motorsports, driving the No. 5 Chevrolet Camaro ZL1 1LE. Additionally, he owns the World of Outlaws sprint car squad.

Career Earnings

Kyle made $9 million between June 2018 and June 2019. Salary and prizes made up the bulk of their earnings. He was one of the top 10 paid NASCAR drivers in the world because to it. However, the next year, a racial slur caused him to lose sponsors. With Hendrick Motorsports, Larson made $8 million in 2021. Kyle Larson has made $26 million in salary and wins throughout the course of his racing career.

Social Media Profile

Kyle is a well-known and accomplished stock car driver. Kyle Larson is quite active on social media and the internet. Moreover, he has an impressive number of followers and fans on his social networking sites, for example, FacebookTwitter, and Instagram.
On Twitter, Kyle has more than 396 thousand followers. In addition, he has over 168 000 followers on his own Instagram account. Likewise, he has more than 186 000 followers on Facebook.

Awards And Achievements

Kyle Larson smiling
Kyle Larson smiling
Here are some of the awards and achievements of Kyle Larson's racing career up to that point.
  • NASCAR Cup Series Championship (2021) - Kyle Larson won the NASCAR Cup Series championship in 2021, driving for Hendrick Motorsports. This was one of the most significant achievements in his career.
  • Rookie of the Year (2014) -Larson was named the NASCAR Sprint Cup Series Rookie of the Year in 2014 after a strong debut season.
  • Multiple NASCAR Cup Series Wins -Larson has achieved numerous race wins in the NASCAR Cup Series, with victories on a variety of track types, including ovals and road courses.
  • NASCAR Xfinity Series Success -Before moving up to the Cup Series, Larson had success in the NASCAR Xfinity Series, earning multiple race wins.
  • Dirt Racing Achievements -Larson is known for his prowess in dirt track racing. He has won prestigious dirt racing events, including the Chili Bowl Nationals and various World of Outlaws races.
  • Sprint Car Championships -Kyle Larson has won various sprint car championships, showcasing his versatility as a driver in both NASCAR and open-wheel dirt track racing.
  • Prestigious Wins -Larson has claimed wins in prestigious races such as the Coca-Cola 600 and the All-Star Race in the NASCAR Cup Series.
  • NASCAR All-Star Race Wins -He has won the NASCAR All-Star Race, an exhibition event for the sport's top stars.
  • Respect in the Racing Community -Larson has earned the respect of his peers and the racing community for his exceptional driving skills and versatility in different racing disciplines.

Kyle Larson Controversy

Kyle Larson at an interview
Kyle Larson at an interview
The Kyle Larson controversy refers to an incident that occurred in April 2020, which had significant implications for his racing career and personal life. Larson, a professional NASCAR driver, was participating in an iRacing event during the early stages of the COVID-19 pandemic when he used a racial slur over the in-game voice chat. The comment was heard by other participants and quickly spread on social media, leading to widespread condemnation and backlash.
The use of a racial slur is considered highly offensive and inappropriate, and Larson's use of it in a public setting during the iRacing event was met with outrage from both the racing community and the general public. NASCAR, as well as his then-team, Chip Ganassi Racing, took immediate action in response to the incident. Larson was suspended indefinitely by NASCAR, and his primary sponsor, Credit One Bank, and other sponsors severed their ties with him.
In addition to the professional repercussions, Larson faced social and personal consequences. He issued public apologies for his use of the racial slur, acknowledging the gravity of his words and expressing remorse for the hurt he had caused. He also underwent sensitivity training to better understand the impact of such language.
Following his suspension, Kyle Larson embarked on a journey of self-improvement and made efforts to make amends for his actions. He participated in various community service and diversity-related programs, such as working with the Urban Youth Racing School, an organization that supports underrepresented youth in motorsports. These actions were seen as steps towards personal growth and education.
In October 2020, Kyle Larson was reinstated by NASCAR after completing the required sensitivity training. His return to the sport was highly anticipated, and he signed with Hendrick Motorsports, one of the top teams in NASCAR, for the 2021 season.
Despite the controversy and suspension, Larson's comeback in 2021 was remarkable. He not only won races but also secured the NASCAR Cup Series championship, solidifying his status as one of the sport's top drivers.
The Kyle Larson controversy serves as a notable example of how professional athletes can face severe consequences for their actions, both professionally and personally, and how they can work towards redemption and personal growth.

Charitable Work Of Kyle Larson

  • Drive for 5 -Kyle Larson started the "Drive for 5" program, which aimed to donate $5 for each lap he led in the NASCAR Cup Series to various charitable organizations. This initiative allowed fans to vote on which charities would receive the donations.
  • Urban Youth Racing School -Larson has been involved with the Urban Youth Racing School, an organization that promotes diversity in motorsports and provides educational and mentorship opportunities to underrepresented youth interested in racing.
  • Community Engagement -Throughout his career, Larson has actively engaged with communities by making appearances at schools, hospitals, and various events to inspire and interact with fans, especially young aspiring racers.

Personal Life Of Kyle Larson

Kyle Larson and his wife
Kyle Larson and his wife
Her parents spent time in a Japanese internment camp, and Larson's mother is Japanese American. Brad Sweet, a World of Outlaw sprint racer and NASCAR driver, is the brother of Katelyn Sweet, Larson's wife. On June 13, 2014, Larson and his partner shared the news that they were expecting their first child. On July 16, Larson made the baby's gender known.
The date of birth of Owen Miyata Larson is December 22, 2014. Larson revealed on social media on November 8, 2017, that he and Katelyn were expecting a second child, due in May 2018. In 2018, Audrey Layne Larson was born. Larson and Sweet got engaged on December 22, 2017, and they wed on September 26, 2018. Cooper Donald Larson, Larson and Katelyn's third child, was born on December 31, 2022.

Less Known Facts

  • Larson is of Japanese-American heritage, and his middle name, Miyata, reflects his Japanese ancestry.
  • Before NASCAR, Larson was a successful open-wheel dirt track racer, competing in sprint cars and midget cars.
  • He started racing go-karts at the age of seven and quickly progressed through the ranks of motorsport.
  • Kyle Larson is known for his exceptional car control and ability to race competitively on a wide variety of tracks.
  • He was discovered by Chip Ganassi Racing through their NASCAR D4D (Drive for Diversity) program.
  • Larson is a passionate advocate for dirt track racing and has often participated in grassroots dirt racing events.
  • In 2011, he became the youngest winner in the history of the USAC National Midget Championship.
  • Kyle Larson's helmet design often includes the Japanese rising sun emblem, a nod to his heritage.
  • He once worked at a Target store before making it as a full-time NASCAR driver, and his first NASCAR Cup Series win came at the Target-sponsored Chip Ganassi Racing team.
  • Larson is known for his engagement with fans on social media, providing insights into his racing career and personal life.
  • He has a son named Owen, and his family is an important part of his life outside of racing.
  • Larson has made appearances in various video games, including the popular NASCAR Heat series.
  • In addition to his racing career, he has been involved in charitable work, supporting organizations like the Autism Society of America.

FAQs About Kyle Larson

How Much Do NASCAR Cup Drivers Get Paid?

The typical NASCAR driver makes a salary of around $110,000, according to estimates. A driver makes around $9,000 even when they finish last in a race, and they may get up to $47,500 if they win.

Who Owns The Number 57 Sprint Car?

Kyle Larson, who often drives a white #57 sprint car on circuits like Knoxville, formerly had his own Sprint car squad. But Paul Silva Motorsports Inc., a two-time recipient of the 360 Team of the Year Award, is the owner of his #57 vehicle.

How Did Kyle Larson's Career Change After The 2020 Controversy?

In 2020, Larson faced a suspension and backlash for using a racial slur during an iRacing event. He underwent sensitivity training, made amends, and returned to NASCAR in 2021, winning the championship.

Final Thoughts

Even though his professional stock car driving career started a few years earlier, Kyle Larson is one of NASCAR's fastest-emerging talents who just started competing full-time in 2013. He has continued to make appearances in the NASCAR Cup Series ever since. He has been successful in winning many races over the previous seven years, including the Rolex 24 at Daytona, the Sprint Showdown, the Aspen Denta Eldora Dirt Werby, and three Turkey Night Grand Prix competitions.
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Iram Martins

Iram Martins

Iram Martins is a seasoned travel writer and explorer with over a decade of experience in uncovering the world's hidden gems. Holding a Bachelor's degree in Tourism Management from the University of Lisbon, Iram's credentials highlight his authority in the realm of travel. As an author of numerous travel guides and articles for top travel publications, his writing is celebrated for its vivid descriptions and practical insights. Iram’s passion for cultural immersion and off-the-beaten-path adventures shines through in his work, captivating readers and inspiring wanderlust. Outside of his writing pursuits, Iram enjoys learning new languages, reviewing films and TV shows, writing about celebrity lifestyles, and attending cultural festivals.
Elisa Mueller

Elisa Mueller

Elisa Mueller, a Kansas City native, grew up surrounded by the wonders of books and movies, inspired by her parents' passion for education and film. She earned bachelor's degrees in English and Journalism from the University of Kansas before moving to New York City, where she spent a decade at Entertainment Weekly, visiting film sets worldwide. With over 8 years in the entertainment industry, Elisa is a seasoned journalist and media analyst, holding a degree in Journalism from NYU. Her insightful critiques have been featured in prestigious publications, cementing her reputation for accuracy and depth. Outside of work, she enjoys attending film festivals, painting, writing fiction, and studying numerology.
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