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Danica Patrick Net Worth 2020


Facts of Danica Patrick

Danica Patrick is a retired American professional racing driver. Furthermore, she is the most successful woman in the history of American open-wheel racing. In the 2008 Indy Japan 300, she won the race which is the only win by a woman in an IndyCar Series race.

Until now she has won many awards including 2005 Indianapolis 500 rookie of the year, 2005 IndyCar Series season Rookie of the Year, IndyCar Series Most Popular Driver 2005-2010, 2012 NASCAR Nationwide Series and Most Popular Driver

Here is the detail of Danica Patrick’s net worth, salary, income source, endorsements, assets, house, car, lifestyle, and personal life.    

Danica Patrick’s Net Worth: Income Sources & Earnings

Danica began her racing career after she obtained a GED certification. She was trained by three-time Formula One world champion Jackie Stewart. Danica is also has socialized with other drivers such as Jenson Button. 

As of 2019, she has an estimated net worth of $60 million. As a professional formula 1 driver, she was able to collect a good amount of money. As a result of her hard work, she was also listed by Forbes as Nascar’s 7th highest earning driver of the year. Moreover, she earned a total earning of $12.2 million and $7.2 million in salary and her winnings. 

According to some online source, the lowest paid salary of a formula 1 driver is around $150,000. But looking through her experience she might have earned more than $150,000. Furthermore, her earning are mostly from endorsements including her GoDaddy endorsement.   

Continuing about her career, in 2002, she signed with Rahal Letterman. After that, she began to work hard and was able to win consistent podium finishes which helped to advance her career dramatically. Furthermore, she has competed in many racing series, including Barber Doge Pro Series, Toyota Atlantic Championship, IndyCar Series, and many more. 

However, at the Fall Martinsville race, she had twenty-five owner and divers points debuted, and was fined $50,000 which put on probation by NASCAR until the end of 2015 for an intentional retaliatory crash against David Gilliland. Later she was fined $20,000 for gesturing to Kasey Kahne after he wrecked her car at the Auto Club 400. 

Earning & Financial Data 

2014 Earning 
Annual career prize money earned in Nationwide Series. $50,000
Career Prize money earned in 2014 (Sprint Cup Series)$724,5000
The Value of Danica and her ex-husband’s Ancala, Schottsdale home $4,060,000
2013 Earning $15 million 
Annual career prize money earned in Nationwide Series $57,000 
She signed a contract with Stewart Hass Racing for $100,000,000
Career prize money earned in Sprint Cup Series $3,530,000
2011 Earning $12 million
Annual career prize money earned in Nationwide Series $320,700
2010 Earning $12 million
Annual career prize money earned in Nationwide Series $330,800
2009 Earning$7 million 
2007 Earning $5 million
Career Prize Money in IndyCar $1,180,000
2006 Earning  
Career Prize Money earned from IndyCar$923,500
2005 Earning  
Career Prize Money earned from IndyCar $135,000

Other Income Source: Endorsement & Business 

Danica has appeared in many advertising campaigns including Secret, Nationwide Insurance, Tissot, Chevrolet, Coca-Cola, Peak Antifreeze, William Rast, Hot Wheels,, Nature’s Bakery and Lyft. In 2013, she earned about $3,000,000 from her endorsement. 

Besides advertising, he runs her own brand of wine, called Samnium. The Samnium Vineyard is located in the area of St Helena, California covering an area of 24 acres. Furthermore, her wine scored 91 out of 100. Her wine business helps her to earn a decent amount of money, assuming she might earn more than $1 million from it. 

She also runs her own athleisure collection, called “Warrior by Danica Patrick”, which was created in partnership with G-III Apparel Group. The lowest price for a pair of warrior leggings ranges from $30 - $40 where more luxe retailer might sell their own tight-fitting stretch pants for two to three times as much. 

Furthermore, she makes a decent amount of money from her social media. She has about 678k followers and from her 1 sponsor post, she makes around $2,020.5 to $3,367.5. 

Danica Patrick’s Assist, Lifestyle & Expenses, Tax, Insurance, Charity

Being a multi-millionaire, there is no doubt that Danica is living in a lavish lifestyle is able to afford every lavish things in the world. She along with her former husband lived in an Ancala, Scottsdale home which worth $4,060,000. 

Talking about her car, she used to own many cars, but, ever liked to showcase them like others. She didn’t sold her car but gave it away for her relatives and friends. She used to drive a Ford Expedition which ranges from $52,130 to $79,200, however, after she stopped driving for Ford they took it back from her. 

Danica Patrick getting ready for IndyCar race advertising GoDaddy. 

At the moment she only owns one car, a Lamborghini Gallardo which is around $202,000.

Talking about her tax, she has to pay about $23,414,466 for Federal Income Tax. Where she pays about $21,967,500 for Federal, $1,446,966 for FICA, $5,153,742 for State, and $2,322,990 for Local. From her $60 million she takes home around $29,108,802.

Talking about car insurance, she has to pay around $1,099 a year, which is equivalent of $92 per month.  

She is also involved with many charitable organisations. 

Danica Patrick’s Personal Details: Age, Education, Married Life & Husband. 

Danica Patrick was born Danica Sue Patrick on March 25, 1982, in Beloit, Wisconsin, United States under the zodiac sign of Aries. As per her nationality, she is American and belongs to white ethnicity. She was born to Terry Joseph “T.J.” Patrick Jr, who has also raced cares and Bev Patrick.

She grew up in Beloit along with her younger sister Brook Patrick. Danica attended Hononegah Community High School in Illinois. 

Married Life & Husband

Back in 2002, she got a hip injury during a yoga session, which took her to physical therapist Paul Edward Hospenthal. Soon they two began dating and by 2004, they were already man and wife. However, their marriage could not last for long and got a divorce in 2013. 

Later, she began dating Ricky Stenhouse who was 6 years younger than her. The duo tried to keep their relationship private even as they competed against each other regularly. However, the couple decided to put an end on their relationship and got separated in 2017. 

Furthermore, there was a rumor that she was in a relationship with Aron Rodgers. The rumor about them began when they were spotted having dinner together. They later denied the allegations. 

Further, she revealed her relationship with her 2 years younger American National Football League lover in 2018.   

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Updated On Wed Aug 14 2019 Published On Mon Apr 08 2019 By Prabinn Ghale