Martin Truex Jr. sure has come a long way in the past 20 years. In 2000, when he was only 20, he was renting a home from Dale Earnhardt Jr. in Mooresville, North Carolina. Six years later, Truex bought the $1.5 million, 8,220 square-foot home outright. Now, at the age of 40, Truex has two Xfinity Series and one Cup Series championship under his belt. Not to mention, a hell of a lot of money to his name.
But, how exactly did the NASCAR driver from Trenton, New Jersey get to where he is today? Here, we’ll take a brief look at Martin’s career and how much money he’s been making over the years.
Martin Truex Jr.’s NASCAR Career
You could say that Martin Truex Jr. comes from a racing family. Martin Truex Sr. had a seven-year career as an Xfinity Series racer, while Martin Jr.’s brother Ryan is a Camping World East Series champion and a K&N Pro Series East champion. As for Junior, he got his start like most NASCAR greats: racing go-karts.
Currently, Martin Truex Jr. drives the No. 19 Toyota Camry race car for Joe Gibbs Racing, where he has raced for two full seasons. But, he first got his start in NASCAR in 2001, racing the No. 81 Chevy for Dale Jr.’s Chance 2 Motorsports in the NASCAR Xfinity Series, back when it was still the NASCAR Busch Series.
Following back-to-back Busch Series championships and Most Popular Driver awards in 2004 and 2005, Truex moved on to the Cup Series and Dale Earnhardt, Inc., a team he raced for until 2008. After a one-year stint at Earnhardt-Ganassi Racing, Truex raced for Michael Waltrip Racing from 2010-2013.
In 2014, Truex moved to Furniture Row Racing, where he racked up a number of wins, including two victories at the Coca-Cola 600 and one at the Southern 500 in Darlington. In 2017, Truex’s star shone the brightest when he became the NASCAR Cup Series Champion.
From his first Cup race at the 2004 Bass Pro Shops MBNA 500, Truex proved his dominance in the Cup Series. He has 267 wins and 228 top-10 finishes. He also has 13 wins and 61 top-10 finishes in the Xfinity Series.
In 2021, Truex signed a multiyear deal with JGR, where he is joined by teammates Denny Hamlin, Kyle Busch, and Christopher Bell.
Martin Truex Jr.’s Net Worth
Martin Truex Jr. has an estimated net worth of $30 million. When it comes to yearly salary, the NASCAR champion makes anywhere from $8 million to $11 million, depending on the year. Between June 2018 and June 2019, Martin racked up $8 million, making him the ninth-highest paid NASCAR driver. Around $7 million of that came from track winnings, while the rest came from endorsements.
According to Forbes, Truex made $11.5 million from 2019-2020, with $10.4 million coming from salary and winnings, and $1.1 million coming from endorsements and licensing. This made him the fifth-highest paid NASCAR driver during that time.
While Truex definitely makes a pretty penny as a NASCAR driver, he isn’t just about making money for himself. In 2007, he and his wife Sherry Pollex, an ovarian cancer survivor, started the Martin Truex Jr. Foundation to help children with pediatric cancer. What an incredible family!
This post was originally published on December 30, 2019.