Ken Schrader net worth is a topic that captures the curiosity of motorsports enthusiasts and financial observers alike.
As a seasoned NASCAR driver and a figure in the ARCA Menards Series, his career has been filled with significant achievements, notable ventures, and lasting influence.
With over 760 NASCAR races under his belt and a history of track ownership, Ken Schrader’s wealth reflects both his passion for racing and his business acumen.
This article delves into his journey, highlighting the key milestones that contributed to his financial success.
Contents
- 1 Quick Facts
- 2 What is the Net Worth of Ken Schrader in 2024?
- 3 Ken Schrader Wealth, Salary, and Finance Overview
- 3.1 How He Built His Career in Racing
- 3.2 Key Achievements and Awards in Racing
- 3.3 Business Ventures Beyond the Track
- 3.4 Income Streams and Financial Success
- 3.5 Family Life and Personal Connections
- 3.6 Legacy and Influence on Future Racers
- 3.7 Significant Events and Their Impact on His Career
- 3.8 Current Activities and Continuing Influence
- 4 FAQs About Ken Schrader
- 4.1 How did he start his racing career?
- 4.2 What are his most notable racing achievements?
- 4.3 Who are Ken Schrader’s closest family members?
- 4.4 What businesses does he own?
- 4.5 What series does Ken Schrader currently compete in?
- 4.6 Which organizations has he partnered with?
- 4.7 What role does he play in mentoring young racers?
- 4.8 What awards has he received for his career?
- 5 Conclusion
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Kenneth William Schrader |
| Popular Name | Ken Schrader |
| Gender | Male |
| Birth Date | May 29, 1955 |
| Age | 69 |
| Parents | Bill Schrader |
| Siblings | N/A |
| Birthplace | Fenton, Missouri, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | N/A |
| Marital Status | Married |
| Spouse | Ann Schrader |
| Children | Dorothy, Sheldon |
| Dating | N/A |
| Net Worth | $25 million (2024) |
| Source of Wealth | Racing, Business Ventures |
| Height | N/A |
What is the Net Worth of Ken Schrader in 2024?
In 2024, Ken Schrader’s net worth is estimated at $25 million. This positions him among the most financially successful personalities in motorsports.
His wealth stems from a blend of career earnings, sponsorships, and strategic business ventures, including track ownership and partnerships with brands like Federated Auto Parts.
Comparing his financial journey with others in the field offers perspective. Schrader’s legacy aligns with the likes of well-known racers, both peers and collaborators, who have also excelled in motorsports.
- Carl Edwards
- Tony Stewart
- Kenny Wallace
- Jeff Gordon
- Dale Earnhardt Jr.
- Mark Martin
- Michael Waltrip
- Kyle Busch
- Rusty Wallace
- Brad Keselowski
For an extensive look at others in his field, check out wealthiest race car drivers.
Ken Schrader Wealth, Salary, and Finance Overview
How He Built His Career in Racing
Ken Schrader‘s journey began in Fenton, Missouri, where he started racing in local circuits before progressing to USAC’s Stock Car Division.
His determination led to rookie honors and later to victories in USAC Sprint and Silver Crown championships.
The leap to NASCAR came in the mid-80s, where he notched notable wins and accolades, including Daytona 500 pole positions three years in a row (1988-1990).
Key Achievements and Awards in Racing
His list of awards highlights a career rich with accomplishment. Schrader was named 1985 NASCAR Winston Cup Rookie of the Year and accumulated victories in premier events like the Talladega DieHard 500.
His influence extended beyond the track, earning a spot in the St. Louis Sports Hall of Fame in 2024.
Business Ventures Beyond the Track
Ken Schrader expanded his financial footprint by investing in racetracks, co-owning Macon Speedway and operating I-55 Raceway.
These venues not only solidify his legacy in motorsports but also serve as profitable business ventures. Partnerships with figures like Tony Stewart further underline his influence.
Income Streams and Financial Success
Schrader’s financial portfolio includes substantial earnings from over 29 years in NASCAR and ARCA competitions.
Sponsorships, notably from Federated Auto Parts, have been a consistent source of income. His track ownership and other business ventures continue to contribute to his financial stability.
Family Life and Personal Connections
Behind every success is a strong support system. Ken Schrader’s family, including his wife Ann and children Dorothy and Sheldon, have been by his side throughout his career.
His connection to fellow NASCAR driver Carl Edwards also highlights a family legacy in motorsports.
Legacy and Influence on Future Racers
Schrader’s career continues to inspire. His participation in the ARCA Menards Series and local dirt track races showcases his dedication to the sport.
Moreover, his mentorship to emerging racers cements his role as a guiding figure in motorsports.
Significant Events and Their Impact on His Career
His presence at the infamous 2001 Daytona 500 crash that claimed Dale Earnhardt’s life marked a somber chapter in his career.
Yet, his resilience and continued contributions to racing emphasize his enduring passion for the sport.
Current Activities and Continuing Influence
Even in semi-retirement, Schrader remains active. Racing part-time in ARCA and engaging in public appearances, he demonstrates his commitment to motorsports.
His involvement with the Superstar Racing Experience highlights his ongoing influence.
FAQs About Ken Schrader
How did he start his racing career?
He began racing locally in Missouri before progressing to national events like USAC and NASCAR.
What are his most notable racing achievements?
He won the 1985 NASCAR Rookie of the Year and achieved multiple Daytona 500 pole positions.
Who are Ken Schrader’s closest family members?
He is married to Ann Schrader and has two children, Dorothy and Sheldon.
What businesses does he own?
Schrader co-owns Macon Speedway and operates I-55 Raceway, contributing to his income.
What series does Ken Schrader currently compete in?
He races part-time in the ARCA Menards Series and participates in local dirt and asphalt events.
Which organizations has he partnered with?
He has long-standing sponsorships with Federated Auto Parts and collaborations with figures like Tony Stewart.
What role does he play in mentoring young racers?
He actively supports and mentors emerging talents in the racing world, ensuring his legacy continues.
What awards has he received for his career?
In addition to racing accolades, he was inducted into the St. Louis Sports Hall of Fame in 2024.
Conclusion
Ken Schrader’s journey through motorsports is a testament to passion and perseverance. Share your thoughts, explore more content on aupeo.com, and let us know what you think!
