NASCAR All-Star prize cash: How a lot will the profitable driver make for 2022 race?

A lot of NASCAR’s funds are shrouded in thriller. That is not the case for the All-Star Race.

The occasion’s money prize is the most important incentive for the competitors. It will be the factor drivers are vying for after they journey to Texas Motor Speedway to participate on this 12 months’s iteration of the race.

Properly, that and bragging rights.

Sporting Information has you coated on how a lot a profitable driver makes for profitable the All-Star Race, in addition to an inventory of previous winners of the competitors.

How a lot cash does a driver get for profitable the All-Star Race?

Prize cash: $1 million

The winner of NASCAR’s All-Star Race will get a money prize of $1 million. Racer’s groups additionally participate in a pit cease problem, which might internet them $100,000.

It was a prize first launched within the 2003 All-Star Race, which was the final one sponsored by Winston.

In ’03, that money prize was fairly vital. Jimmie Johnson, the winner of the 2003 All-Star Race, received over $7.7 million that season, the second-highest earnings of that 12 months’s Cup Sequence earnings behind champion Matt Kenseth.

That $1 million earned in the course of the All-Star race constituted about 13 p.c of Johnson’s whole earnings in 2003.

Quick ahead to immediately, and the race has dwindled in reputation. The money prize is extra of a footnote than the rest within the current day, because it pales compared to the race winnings drivers earn over the course of the season.

In 2015 (the final 12 months NASCAR made staff incomes out there), Kevin Harvick made a series-leading $11.7 million. But the All-Star race prize remained the identical. Hmm.

All-star race winners are technically shedding cash year-on-year. Enable me to clarify.

The money prize provided to racers has been fastened at $1 million since 2003. Nevertheless, Jimmie Johnson’s 2003 All-Star race winnings would truly be value $1.57 million in immediately’s market, in keeping with Yahoo Sports activities’ Nick Bromberg.

Sunday night time is the twentieth NASCAR All-Star Race with a $1 million prize for the winner.

Jimmie Johnson received the 2003 All-Star Race for the primary $1 million. Since NASCAR has saved that cash stagnant for practically 20 years, what Johnson received in 2003 is the same as $1.57 million immediately.

— Nick Bromberg (@NickBromberg) Could 20, 2022

The worth of the American has depreciated over time. But the precise money determine stays the identical. So, racers are unable to stretch that $1 million as a lot as they may in 2003.

It appears NASCAR’s executives haven’t got an excellent grasp of economics. 

And the shortage of curiosity within the contest has been obvious to many. That is one in all a dozen or so totally different codecs which were used to drum up curiosity within the All-Star race. That is the signal of a dying fanbase.

Maybe NASCAR ought to make a change to the money prize they provide reasonably than the best way the race is run. Give drivers and their groups larger payouts for profitable the competitors. Or, as Bromberg steered in a 2017 article, concurrently provide a $1 million money prize to followers as nicely.

Checklist of All-Star Race previous winners