Ty Gibbs, born on October 20, 2001, in Charlotte, North Carolina, began his racing career at the tender age of 10. He started in the Bandolero division, a beginner’s class in the Legends Cars racing series, where he quickly showcased his natural talent and competitive spirit. Gibbs’ father, Coy Gibbs, a former NASCAR driver, and his grandfather, Joe Gibbs, a renowned team owner, provided a solid foundation and support for Ty’s burgeoning passion.

Gibbs’ prowess behind the wheel was evident early on. He won his first championship in the Bandolero division at the age of 12, and by 14, he had progressed to the Late Model Stock Car series, where he continued to rack up wins and gain recognition. His impressive performance caught the attention of the NASCAR world, and in 2018, at just 16 years old, Gibbs made his ARCA Menards Series debut, marking the beginning of his rise to fame in the sport.

Ty Gibbs’s Net Worth in 2025

As of 2025, Ty Gibbs’ net worth is estimated to be around $5 million. This young and talented driver has made a significant impact in the racing world, contributing to his growing wealth.

Ty Gibbs’ Career

Ty Gibbs, born in 2002, is an American professional stock car racing driver. He currently competes full-time in the NASCAR Xfinity Series, driving the No. 54 Toyota Supra for Joe Gibbs Racing. Gibbs began his racing career in 2016, working his way up through the ranks of late models and ARCA Menards Series before making his NASCAR debut in 2020.

Other Ventures

In addition to his racing career, Gibbs has ventured into other business opportunities. He has partnerships with various sponsors, including Toyota, Monster Energy, and Sport Clips. Gibbs also uses his social media platforms to promote products and brands, further diversifying his income streams.

Assets

Gibbs’ assets include his race cars, valued at approximately $300,000 each, and his Toyota Supra, worth around $40,000. He also owns a home in Charlotte, North Carolina, estimated to be worth around $800,000. Gibbs’ primary asset, however, is his racing contract with Joe Gibbs Racing, which is worth millions of dollars over several years.

Annual Income

As a full-time NASCAR driver, Gibbs’ annual income is primarily derived from his racing contract, sponsorships, and winnings. In 2021, his estimated annual income was around $2 million. This figure is expected to increase as Gibbs continues to grow and succeed in his racing career.

Frequently Asked Questions about  Ty Gibbs

Ty Gibbs Net Worth FAQs

1. What is Ty Gibbs’ net worth?

Ty Gibbs’ net worth is estimated to be around $5 million.

2. How old is Ty Gibbs?

Ty Gibbs was born on October 24, 2001, making him 21 years old.

3. Who are Ty Gibbs’ parents?

Ty Gibbs is the son of Coy Gibbs, a former NASCAR driver, and his wife, Heather Gibbs.

4. What does Ty Gibbs do for a living?

Ty Gibbs is a professional stock car racing driver. He currently competes in the NASCAR Xfinity Series, driving the No. 54 Toyota Supra for Joe Gibbs Racing.

5. When did Ty Gibbs start his racing career?

Ty Gibbs began his racing career in 2016, competing in the Legends Cars division.

6. What is Ty Gibbs’ best career result so far?

Ty Gibbs’ best career result so far is winning the 2021 NASCAR K&N Pro Series East championship.

7. Does Ty Gibbs have any siblings?

Yes, Ty Gibbs has two siblings: a brother named Taylor and a sister named Ashley.

8. What is Ty Gibbs’ height and weight?

Ty Gibbs is 5 feet 10 inches (178 cm) tall and weighs around 155 lbs (70 kg).

9. What is Ty Gibbs’ salary?

Ty Gibbs’ salary is not publicly disclosed. However, it is estimated that he earns a significant amount from his racing career, sponsorships, and endorsements.

10. What is Ty Gibbs’ favorite racing track?

Ty Gibbs has stated that his favorite racing track is Bristol Motor Speedway.