Chase Elliott has established himself as one of NASCAR’s most successful drivers, boasting a remarkable career with Hendrick Motorsports. As of February 2025, Elliott has accumulated a net worth of $12 million, according to Celebrity Net Worth. The 29-year-old continues to be a dominant force in NASCAR, winning the 2020 NASCAR Cup Series championship and securing six consecutive Most Popular Driver of the Year awards since 2018.
Chase Elliott’s Early Life and Career Beginnings
Born William Clyde “Chase” Elliott II, Chase is the son of NASCAR legend Bill Elliott, who was a former Cup Series champion and drove the No. 9 car—a legacy that Chase has continued. Hailing from Dawsonville, Georgia, USA, Elliott made a name for himself in stock car racing at an early age, rising through the ranks to become one of NASCAR’s premier drivers.
Elliott’s career took off when he won the Xfinity Series championship in 2014 at just 18 years old, becoming the youngest-ever champion in the series. His success in the Xfinity Series earned him limited starts with Hendrick Motorsports in 2015, and in 2016, he became a full-time Cup Series driver, replacing Jeff Gordon in the No. 24 Chevrolet.
NASCAR Cup Series Success
Since making his full-time debut in 2016, Chase Elliott has become one of NASCAR’s most consistent and talented drivers. He won his first Cup Series race in 2018, marking the beginning of what would become an impressive career. By 2025, Elliott has secured 19 career wins in the NASCAR Cup Series, including his 2020 championship victory. His speed, strategic prowess, and adaptability have solidified his place as one of the sport’s elite drivers.
Chase Elliott’s Salary and Contracts
Elliott’s financial success is largely attributed to his NASCAR career earnings. According to Spotrac, his earnings from NASCAR included:
- $9,500,000 in 2019
- $10,200,000 in 2020
- $8,000,000 in 2021
Details about his salary beyond 2021 remain undisclosed, but as per Spotrac, Elliott signed a five-year deal with Hendrick Motorsports, which means he will remain with the team until 2028 before becoming a free agent. His current salary is estimated at $8 million annually, keeping him among the highest-paid drivers in NASCAR.
Chase Elliott’s Endorsements in 2025
Chase Elliott’s brand value has made him an attractive figure for major sponsorships. According to his official website, his sponsors in 2025 include:
- Chevrolet
- NAPA Auto Parts
- Kelley Blue Book
- UniFirst
- LLumar
- Coca-Cola
- Mountain Dew
In 2025, Elliott secured a major sponsorship deal with Amazon Prime Video, as confirmed by Hendrick Motorsports’ official website. This deal is set to run through the 2027 NASCAR Cup Series season, further enhancing his financial portfolio.
The Chase Elliott Foundation: Giving Back
Beyond his racing career, Elliott is committed to philanthropy through his Chase Elliott Foundation. The foundation focuses on improving lives through health and wellness initiatives, supporting qualified charitable organizations that promote the motto: “LIVE HEALTHIER, HAPPIER LIVES.”
The foundation provides monetary assistance and resources to various healthcare and community programs, helping people achieve a better quality of life. Elliott’s dedication to charity underscores his commitment to giving back to the community that has supported his racing career.
Chase Elliott’s Legacy and Future in NASCAR
As one of NASCAR’s most beloved drivers, Chase Elliott continues to leave his mark on the sport. His career highlights, including his 2020 Cup Series championship, solidify him as a premier driver. Elliott’s ability to remain consistent and competitive suggests that more victories—and possibly another championship—are on the horizon.
At 29 years old, Elliott has already cemented his place among NASCAR’s greats. With continued strong performances, lucrative endorsements, and a dedicated fanbase, Elliott’s career trajectory suggests he will remain a dominant figure in NASCAR for years to come.