Chase Elliott at a Glance
- Net Worth (2025): $12 Million
- Birthdate: November 28, 1995
- Birthplace: Dawsonville, Georgia
- Profession: NASCAR Cup Series Driver
- Nationality: American
Table of Contents
What is Chase Elliott’s Net Worth?
Chase Elliott commands a net worth of $12 million, a figure built on a foundation of elite racing salaries and sustained through aggressive corporate partnerships. While his accumulated wealth is substantial, his annual earning power is even more impressive. He consistently ranks among the highest-paid drivers in the NASCAR Cup Series, generating an annual income that exceeds $8 million from his team contract alone, before factoring in merchandise royalties and personal endorsements.
His financial stability is anchored by his long-term agreement with Hendrick Motorsports. Signed in February 2022, this contract secures his seat in the No. 9 Chevrolet Camaro ZL1 through the 2027 season. This deal not only guarantees a top-tier base salary but also includes performance incentives for race wins and championship standings, which historically account for 40-45% of a driver’s total compensation in the sport.
Beyond the track, Elliott profits from being the sport’s “Most Popular Driver,” a title he has held for eight consecutive years. This popularity translates directly into revenue, as drivers receive a percentage of merchandise sales bearing their name and likeness. While teammates like Kyle Larson challenged his merchandise dominance in 2025, Elliott remains a retail powerhouse, moving millions of dollars in die-casts, apparel, and branded accessories annually.
Early Life
Born in Dawsonville, Georgia, Chase Elliott was immersed in racing culture from birth. He is the son of Bill Elliott, the 1988 Winston Cup Champion and a NASCAR Hall of Famer known as “Awesome Bill from Dawsonville.” Despite his father’s fame, Chase’s entry into the sport was not handed to him without effort; he began racing go-karts at age eight and quickly moved to late models, proving his talent on short tracks across the Southeast.
His development was rapid. By 2011, he signed a development contract with Hendrick Motorsports while still in high school. He gained national attention in 2013 by becoming the youngest winner in ARCA Racing Series history at Pocono Raceway. This success set the stage for a seamless transition to NASCAR’s national series, where he bypassed the typical learning curve to win a customized schedule of truck and Xfinity races before turning 20.
Career
Chase Elliott’s professional career is defined by his ability to meet and exceed the immense expectations placed upon him as a second-generation driver. He began his full-time national career in the NASCAR Xfinity Series in 2014, driving for JR Motorsports. In a stunning rookie campaign, he won three races and clinched the series championship, becoming the youngest champion in NASCAR national series history at the time.
This triumph accelerated his promotion to the NASCAR Cup Series. In 2016, he took over the iconic No. 24 car previously driven by Jeff Gordon. He won the Rookie of the Year title that season, qualifying for the playoffs on points. However, his true breakthrough occurred after he transitioned to the No. 9 car—his father’s legacy number—in 2018. That year, he secured his first Cup Series victory at Watkins Glen International, breaking a frustrating streak of second-place finishes.
The pinnacle of his career came in 2020. In a season disrupted by the global pandemic, Elliott thrived under pressure, winning five races, including the season finale at Phoenix Raceway. This victory secured the NASCAR Cup Series Championship, making him and Bill Elliott the third father-son duo in history to both win the sport’s top title.
Since his championship run, Elliott has remained a perennial title contender. Despite a snowboarding injury in 2023 that forced him to miss several races, he bounced back in 2024 and 2025, consistently running in the playoffs. His career statistics now include over 19 Cup Series wins and a permanent spot as a top-tier competitor at Hendrick Motorsports, the most successful organization in NASCAR history.
Real Estate
Elliott prefers a quiet lifestyle away from the media hub of Charlotte, North Carolina, where most drivers reside. He continues to live in his hometown of Dawsonville, Georgia. He owns a property near the Georgia Racing Hall of Fame and the Dawsonville Pool Room, a local landmark famous for sounding a siren every time an “Elliott” wins a race.
His residence is a custom home situated on acreage that allows him privacy and proximity to his family’s racing shop. While he does not flip luxury mansions like some athletes, his real estate portfolio focuses on land ownership in Northern Georgia, reflecting his desire to stay connected to his roots.
Personal Life
Chase Elliott maintains a highly private personal life. He is currently unmarried and has no children. While he has been linked to various partners in the past, he rarely discusses his relationships publicly, preferring to keep the focus solely on his racing performance.
Outside of the car, he is an avid University of Georgia Bulldogs fan and spends his free time flying, snowboarding, and attending college football games. His disciplined, low-profile nature contrasts with the flashy lifestyles of many modern athletes, a trait that endears him to NASCAR’s traditional fan base.
Salary & Career Earnings
| 2019 (Hendrick Motorsports) | $9,500,000 |
| 2020 (Hendrick Motorsports) | $10,200,000 |
| 2021 (Hendrick Motorsports) | $8,000,000 |
| 2022 (Hendrick Motorsports) | $8,000,000 |
| 2023 (Hendrick Motorsports) | $8,000,000 |
| 2024 (Hendrick Motorsports) | $8,000,000 |
| 2025 (Hendrick Motorsports) | $8,000,000+ |
