Richard Petty, often called “The King” of NASCAR, began his racing career in the late 1950s, following in the footsteps of his father, Lee Petty, a pioneering stock car driver. Growing up in Level Cross, North Carolina, Richard was immersed in racing from a young age, learning the ropes by working on his family’s cars. His official debut came in 1958 at the age of 21, driving a Chevrolet in a NASCAR Grand National race at Columbia Speedway. Though he didn’t win immediately, his relentless drive and natural talent quickly set him apart, paving the way for his first victory in 1960 at the Charlotte Fairgrounds.

Petty’s rise to fame was fueled by his dominance in the 1960s and 1970s, where his aggressive yet calculated style earned him a record 200 career wins and seven NASCAR championships. His iconic No. 43 Plymouth, painted in Petty Blue, became synonymous with speed and success. Beyond his skill on the track, Petty’s charisma and approachability made him a fan favorite, solidifying his legacy as one of the sport’s greatest ambassadors. His 1967 season, where he won a staggering 27 races—including 10 consecutively—remains unmatched, cementing his place in racing history.

Richard Petty’s Net Worth in 2025

As of 2025, Richard Petty’s estimated net worth is around $65 million. His wealth stems from his legendary NASCAR career, business ventures, and endorsements. Despite retiring from racing decades ago, Petty remains one of the sport’s most financially successful figures, with steady income from licensing deals and investments.

Richard Petty’s Career

Richard Petty, nicknamed “The King,” dominated NASCAR with 200 wins and seven Cup Series championships. His career spanned over three decades, making him one of the most decorated drivers in history. Petty’s iconic No. 43 car and signature cowboy hat cemented his legacy as a racing legend.

Richard Petty’s Other Ventures

Beyond racing, Petty owns Richard Petty Motorsports and has ventured into team ownership, driver development, and sponsorships. He’s also appeared in films and TV shows, leveraging his fame. Additionally, Petty supports charitable causes, including the Victory Junction Gang Camp for children.

Richard Petty’s Assets

Petty owns a sprawling ranch in North Carolina, multiple classic cars, and memorabilia from his racing days. His assets also include stakes in automotive businesses and real estate. The Petty family’s racing legacy is preserved through museums and merchandise.

Richard Petty’s Annual Income

Petty earns millions annually from licensing deals, appearances, and his racing team. Endorsements with brands like STP and Dodge contribute significantly. Though exact figures aren’t public, his diversified income streams ensure financial stability well past his racing prime.

Frequently Asked Questions about  Richard Petty

What is Richard Petty’s net worth?

Richard Petty’s estimated net worth is around $65 million, accumulated through his successful NASCAR career, endorsements, and business ventures.

How did Richard Petty earn his wealth?

Richard Petty earned his wealth primarily through his legendary NASCAR career, winning numerous races and championships. He also made money from endorsements, team ownership, and merchandise sales.

What is Richard Petty’s most significant career achievement?

Richard Petty’s most significant career achievement is winning seven NASCAR Cup Series championships, a record he shares with Dale Earnhardt and Jimmie Johnson.

Does Richard Petty still own a NASCAR team?

Yes, Richard Petty co-owns Richard Petty Motorsports, a NASCAR team that competes in the Cup Series.

How many races did Richard Petty win in his career?

Richard Petty won a record 200 NASCAR Cup Series races, making him one of the most successful drivers in the sport’s history.

What endorsements or sponsorships does Richard Petty have?

Richard Petty has had endorsements and sponsorships with brands like STP, Goody’s Headache Powder, and Chevrolet, among others, throughout his career.

Is Richard Petty involved in any charitable work?

Yes, Richard Petty is involved in charitable work, including the Petty Family Foundation, which supports children’s education, veterans, and animal welfare.

What businesses does Richard Petty own?

Richard Petty owns Richard Petty Motorsports, Petty’s Garage (a performance auto shop), and has been involved in various other automotive and racing-related ventures.

How much did Richard Petty earn per race at his peak?

At his peak, Richard Petty earned significant prize money per race, though exact figures vary. His earnings were supplemented by sponsorships and merchandise sales.

What is Richard Petty’s legacy in NASCAR?

Richard Petty’s legacy in NASCAR is unparalleled—he is known as “The King” for his record-breaking wins, championships, and contributions to the sport’s popularity.