Joey Logano, an American stock car racing driver, has amassed a net worth of $24 million. Known for his accomplishments in the NASCAR Cup Series, Logano drives the No. 22 Ford Mustang for Team Penske. He has also participated part-time in the NASCAR Craftsman Truck Series for ThorSport Racing.
Before his current ventures, Logano competed in the NASCAR Xfinity Series, ARCA Menards Series, ARCA Menards Series East, and ARCA Menards Series West. Notably, he clinched the NASCAR Cup Series championship in 2018 and 2022.
Logano secured his first major NASCAR win at 18 years and 21 days old, becoming the youngest driver to win a Nationwide Series race. He continues to make a mark as a talented and accomplished driver in NASCAR’s major divisions.
Here’s the breakdown of his net worth:
|Net Worth:||$24 Million|
|Monthly Income:||$80 Thousand|
|Annual Salary:||$11 Million|
|Source of Wealth:||Race car driver|
Learn more: Richest Race Car Drivers in the World
Joseph Thomas Logano, born on May 24, 1990, in Middletown, Connecticut, had an early introduction to the world of racing. Joey’s parents, Thomas J. and Deborah B. Logano, witnessed his passion for speed and supported his budding talent from a young age. Although he had other interests, such as playing ice hockey, Logano’s focus shifted toward racing as he entered the 1990s.
Even as an elementary school student, Joey Logano displayed remarkable skill behind the wheel. At the tender age of six, he embarked on his racing journey as a quarter midget racer. Incredibly, Logano quickly made a name for himself, securing notable achievements in various divisions.
In 1998, Logano claimed victory in the Jr. Honda Division Championship, showcasing his raw talent and determination. The following year, he continued his winning streak, capturing the Lt. Mod Division Championship. Logano’s impressive performances gained recognition, and by the end of 1999, he had clinched three New England Regional Championships across the Sr. Stock, Lt. Mod, and Lt. B divisions.
Even at such a young age, Joey Logano demonstrated his unwavering commitment and natural aptitude for racing. These early accomplishments laid the foundation for his future success as a rising star in the world of motorsports.
Joey Logano’s NASCAR career has been marked by impressive achievements and a relentless pursuit of victory. From his early days in the Nationwide Series to his current success in the Cup and Xfinity Series, Logano has solidified his status as a formidable force on the racetrack.
In just his third start in the 2008 Nationwide Series, Logano secured his first major NASCAR win at the Meijer 300 held at Kentucky Speedway. This early triumph showcased his exceptional talent and set the stage for a promising career ahead. The following year, Logano’s exceptional performance earned him the prestigious Sprint Cup Rookie of the Year Award, making him the youngest winner in any of NASCAR’s top racing series.
Logano’s prowess extended beyond the Cup Series, as he also made a significant impact in the Nationwide Series. His 2012 season stands as a testament to his dominance, as he led all Nationwide Series drivers with an impressive nine wins, six poles, and a staggering 1,065 laps led. Competing in 22 of the 33 races that season, Logano proved himself as a force to be reckoned with.
During his tenure with Joe Gibbs Racing, Logano piloted the No. 20 Toyota Camry, earning two victories, 16 top-five finishes, and 41 top tens from 2009 to 2012. Notably, he holds the distinction of being the first driver born in the 1990s to compete in NASCAR’s three major divisions, solidifying his position as a trailblazer in the sport.
In 2015, Logano added another milestone to his impressive resume by becoming the second-youngest Daytona 500 winner, showcasing his ability to excel on the grandest stage of NASCAR. Furthermore, he holds the distinction of being the youngest driver ever to claim victory in both the Cup and Xfinity Series, highlighting his versatility and skill across different racing formats.
Joey Logano’s remarkable career in NASCAR has not only brought him numerous victories and accolades but also a substantial financial reward. The speedster has amassed significant earnings both from his salary as a driver and through lucrative endorsement deals with renowned sponsors.
Between June 2018 and June 2019, Logano’s earnings reached an impressive $11 million. The majority of this substantial sum, approximately $9.5 million, was derived from his salary and winnings obtained through his remarkable performances on the racetrack. The remaining portion of his earnings, derived from endorsements, contributed to his overall financial success. These earnings propelled Logano to rank as the fifth highest-paid driver in NASCAR during that period.
Throughout his illustrious racing career, Joey Logano’s earnings have soared to impressive heights. In terms of salary alone, he has accumulated a staggering sum of over $43.6 million. This substantial figure reflects the financial rewards he has reaped from his consistent presence at the top levels of the sport.
Beyond his salary, Logano’s popularity and success have attracted a host of endorsements from esteemed sponsors. Companies such as Shell, Pennzoil, Home Depot, and Dollar General have recognized the value of aligning their brands with Logano’s accomplishments. Through endorsement deals, Logano has generated over $57.5 million, further solidifying his position as a top earner in the racing industry.
In November 2013, Joey Logano announced his engagement to his childhood sweetheart, Brittany Baca. The couple set their wedding date for December 2014, during the NASCAR off-season, and exchanged vows on December 13, 2014. Their love story has since blossomed, leading to the joyous arrival of their first child, a son named Hudson Joseph Logano, in January 2018. In May 2020, they welcomed their second son, Jameson Jett Logano, into their family. Furthermore, their household was blessed with the birth of their first daughter, Emilia Love Logano, in February 2022.
While Logano thrives in his personal life, he has also faced challenges. In September 2019, he was diagnosed with Alopecia areata, an autoimmune disorder that affects hair follicles. Although the condition does not pose health risks or physical effects, it results in patches of thinning hair or baldness. Logano has maintained a positive outlook and often humorously addresses his condition. After winning his second NASCAR Cup Series Championship in December 2022, he received hair treatment, playfully showcasing his new look in a Twitter post.
Joey Logano Quotes
Just because I’m not coordinated doesn’t mean I can’t kick your ass.
My friends and family and team know who I am, and they have my back. So I don’t let someone who doesn’t know me affect me.
I have always tried to drive a car that was better than me, and race against people who were better than me. If you are surrounded by people who are as good as you, or not as good, how are you going to learn?
When you cross the line and you’ve won the race, to me, it’s an amazing feeling.