Rick Hendrick is best known to be the owner of NASCAR team Hendrick Motorsports. The businessman is the founder of Hendrick Marrow Program and Hendrick Automotive Group. He was previously a race car driver. He has competed professionally in many events. As the owner of Hendrick Motorsports, he is the owner of twelve NASCAR Cups. To know more about the net worth of Rick Hendrick in 2018, read the following article.
Early Life & Biography
Born as Joseph Riddick “Rick” Hendrick in 1949, he grew up in the farm of his family. He was born in Palmer Springs, Virginia to Mary and Joseph Hendrick, Jr. He was interested in car racing from a very young age and started to drag race when he was just 14. However, he initially wanted to become a baseball player.
He went to South Hill, Virginia’s Park View High School. Following that, he thought of having a co-op work program in Raleigh’s Westinghouse Electric Company. He has also been to the North Carolina State University. He then created the Hendrick Automotive Group, which was a used-car lot.
Rick Hendrick has been successfully married to his wife Linda Hendrick. No other relationship is known about this businessman. The couple is the parents of Ricky Hendrick and Lynn Carlson. His son was a professional race car driver who died in a plane crash in 2004. He is the creator of Hendrick Family Fund for Patient Assistance and has received the Leadership of Life Award in 1999. In 1997, he was involved in a mail fraud.
Career, Award & Nominations
Already a businessman at a very young age, Rick Hendrick became the youngest dealer of Chevrolet in the USA. In 1987, he competed professionally in the Winston Cup Series where he finished in the 33rd place. The following year, he finished at the 15th place in the same event. He has also competed in the Craftsman Truck Series and Busch Series. The Governor of North Carolina has conferred him with the Order of the Long Leaf Pine.
He was the founder of a drag boat racing team in the 1970s. Later, Rick moved to the Xfinity Seris. In 1984, he became the founder of All-Star Racing, which was later renamed as Hendrick Motorsports. As a team owner, he is the winner of 296 race wins, 16 Drivers’ Championships, 3 Camping World Series, an Xfinity Series, and twelve Sprint Cup Series. He was also the owner of Goodwrench IMSA GTP in the 1980s.
As of now, Rick Hendrick has got four full-time drivers, Alex Bowman, Chase Elliott, Jimmie Johnson, and William Byron. His indulgence in the sports made him get inducted into the NASCAR Hall of Fame in the year 2017. As a former professional player, Hendrick has competed in the Monster Energy NASCAR Cup Series, NASCAR Xfinity Series, and NASCAR Camping World Truck Series. He has also participated in the ARCA Permatex SuperCar Series.
Net Worth & Earnings
Image how much will be the wealth of a person who is the owner of many businesses. He has done many endeavours in his career and has made a net worth of over $1.2 billion. His company is known to make billions in a year through various endorsements. The Hendrick Automotive Group has got more than 10,000 employees and in 2009, it made a revenue of $3.5 billion. As chairman of the company, he is the sixth largest dealer of vehicles in the United States.
Rick Hendrick has transformed motorsports by founding his company. He is a very influential person who has also been bestowed with many honours including the Horatio Alger Award. He is also active in philanthropy and has supported many charities.