Greg Ray at a Glance
- Net Worth (2025): $8 Million
- Birthdate: August 3, 1966
- Birthplace: Dallas, Texas
- Profession: Former Race Car Driver, Entrepreneur
- Nationality: American
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What is Greg Ray’s Net Worth?
Greg Ray has a net worth of $8 million. The American entrepreneur and former professional race car driver built his fortune through a combination of successful business ventures and a championship-winning career in motorsports. Unlike many drivers, Ray was an established entrepreneur before his racing career, having started and sold nearly ten companies.
His earnings in motorsports were substantial, particularly during his time in the Indy Racing League (IRL). His 1999 championship season, which included three victories, was a significant financial high point. He also earned over $2 million in winnings from his Indianapolis 500 appearances alone. This racing income was later invested into his own team, Access Motorsports, and other post-racing businesses, including a large boat dealership in Texas.
Early Life
Greg Ray was born in Dallas, Texas, on August 3, 1966. He grew up in a family involved in the boat dealing business and pursued a path in business finance, earning a degree from the University of North Texas. Before his professional racing career began, he applied his education as a serial entrepreneur, successfully founding and selling multiple companies.
Career
Greg Ray’s driving career began relatively late after he attended a racing school in 1991. He quickly proved his talent, winning the SCCA American Continental champion title in 1992 and the SCCA National Championship runoffs in 1993. He transitioned to the Indy Racing League (IRL) in 1997 with Knapp Motorsports.
His breakout year came in 1999 after joining Team Menard. Ray secured the Indy Racing League championship that season, winning three races at Pikes Peak International Raceway (twice) and Dover Downs. His success continued in 2000 when he won the pole position for the prestigious Indianapolis 500. Throughout his IRL career, he accumulated five total wins and 14 poles.
Following his time with Team Menard, Ray took on the dual role of owner-driver. He formed his own team, Access Motorsports, in 2003. The team competed in the IndyCar Series for two seasons before Ray retired from professional driving in 2004. After his retirement, he returned his focus to his entrepreneurial roots, managing his boat dealership and other technology-related business interests.
