Steve Torrence Net Worth (Updated 2026).
Steve Torrence, born and raised in Texas, first ignited his passion for drag racing at the tender age of eight. Growing up in a family deeply rooted in the sport, it was no surprise when he began his professional career in 2005, driving a Top Alcohol Dragster. His natural talent and unwavering dedication quickly set him apart, earning him the NHRA Top Alcohol Dragster World Championship in 2009 and 2010. This early success paved the way for his transition to Top Fuel in 2011, where he continued to make his mark, becoming a household name in the world of drag racing.
**Steve Torrence’s Current Net Worth (2025)**
As of 2025, Steve Torrence’s current net worth is estimated to be around $10 million. This significant figure is a testament to his successful career in the NHRA Mello Yello Drag Racing Series.
**Career**
Steve Torrence, born on August 14, 1981, is a renowned American drag racer. He currently drives the Capco Contractors Top Fuel Dragster for Capco Contractors and Don Schumacher Racing. Torrence has won multiple NHRA World Championships, including back-to-back titles in 2018 and 2019. His impressive career has also seen him secure numerous event wins and set track records.
**Other Ventures**
Beyond his racing career, Steve Torrence has ventured into entrepreneurship. He co-owns Capco Contractors, a successful construction company based in Texas. Additionally, he has his own merchandise line, “Steve Torrence Racing,” which includes apparel and accessories.
**Assets**
Torrence’s assets include his primary residence in Texas, a collection of high-performance vehicles, and various racing equipment. His Capco Contractors Top Fuel Dragster, valued at over $500,000, is one of his most valuable assets. He also owns several pieces of real estate, including rental properties.
**Annual Income**
Steve Torrence’s annual income is primarily derived from his racing career and his construction business. His racing earnings include prize money, endorsements, and sponsorships. In 2021, his total earnings were estimated to be around $3 million, with a significant portion coming from his NHRA winnings and sponsorship deals.
Frequently Asked Questions about Steve Torrence
**Frequently Asked Questions: Steve Torrence Net Worth**
1. What is Steve Torrence’s net worth?
Steve Torrence’s net worth is estimated to be around $10 million.
2. How did Steve Torrence make his money?
Steve Torrence made his fortune primarily through his successful career as a professional drag racer. He has won multiple championships and has numerous wins in the NHRA (National Hot Rod Association) series.
3. What is Steve Torrence’s annual salary?
Steve Torrence’s annual salary is estimated to be around $2 million, but this can vary depending on his performance and sponsorships.
4. How many NHRA championships has Steve Torrence won?
Steve Torrence has won three NHRA Top Fuel championships (2017, 2018, and 2021).
5. What is Steve Torrence’s fastest ET (Elapsed Time) in NHRA competition?
Steve Torrence’s fastest ET in NHRA competition is 3.623 seconds, which he achieved at the 2021 NHRA U.S. Nationals.
6. What is the name of Steve Torrence’s dragster?
Steve Torrence races a dragster named “Capco Contractors / Torrence Racing”.
7. Who is Steve Torrence’s crew chief?
Billy Torrence, Steve’s father, serves as the crew chief for his dragster.
8. What is Steve Torrence’s height and weight?
Steve Torrence is 6 feet 2 inches (1.88 meters) tall and weighs approximately 220 pounds (100 kilograms).
9. Is Steve Torrence married?
Yes, Steve Torrence is married to Julie Torrence.
10. Does Steve Torrence have any children?
Yes, Steve and Julie Torrence have one child together, a daughter named Carleigh.
