Urgent.News

What's breaking now, across thousands of outlets.

Culture

Ricky Stenhouse Jr. Says a Cup Team Needs Up to $10M in Sponsors Just to Break Even

Ricky Stenhouse Jr. says a Cup team needs up to $300,000 in sponsorship per race and up to $10 million a season just to break even.

Ricky Stenhouse Jr. explained on the Bring The Juice podcast that a NASCAR Cup team requires up to $10 million in sponsorship annually just to break even. He estimated each race costs $250,000 to $300,000 in sponsorship, totaling $8 million to $10 million for a full season. Stenhouse noted that race winnings come from NASCAR, while charter payments are separate.

His contract splits earnings based on his finishing position, with a 50% share for a win and 20% for other results. He drives the No. 47 Chevrolet for Hyak Motorsports, a single-car team since 2020. Stenhouse highlighted the team's growing experience as an improvement factor. Other motorsport teams have revealed their annual budgets, with Frankie Muniz estimating $20 million to $30 million for a full Cup program and Kelley Earnhardt Miller stating JR Motorsports runs on a 1.5% margin.

Alpha Prime Racing's sponsorship covers 40% to 60% of their O’Reilly Series budget, around $2.5 million to $3 million. RFK Racing is reportedly losing a major sponsor after this season.

Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at sports.yahoo.com →

More in Culture

Wisconsin high school girls volleyball state tournament updates

The WIAA girls volleyball state tournament championship matches are Saturday, Nov. 7, at the Resch Center in Ashwaubenon.

  • Final day of Wisconsin girls volleyball state tournament concluded on November 7
  • Matches held in all five divisions: Division 5, 4, 3, 2, 1
  • Championship matches took place throughout the day at Resch Center

More from Saturday 7 November →