Richard Petty Net Worth – $65 Million

Richard Petty, a retired American racing car racer, is worth $65 million. Between 1958 and 1992, Richard competed in the NASCAR Grand National and Winston Cup Series. He set a record by winning 200 races and was the first driver to win the Cup Series title seven times throughout his illustrious career. With 127 poles and almost 700 top 10 finishes in 1,184 starts, Petty set a new record.

Official Home of Race Car Driver & Team Owner, Richard Petty

The Beginnings of Life and Work

Richard Petty, the son of Elizabeth and NASCAR racer Lee, was born in Level Cross, North Carolina, in 1937. He was an All-Conference guard on the football team at Randleman High School as a kid. Petty attended Greensboro Junior College after graduation and then went to work for his father’s race team. He began his NASCAR career in a race at CNE Stadium in Toronto shortly after becoming 21 years old in 1958. In 1959, he was crowned NASCAR Rookie of the Year after a meteoric rise to fame.

Breakthroughs on the Fast Track

Petty won his first professional race at the Charlotte Fairgrounds Speedway in 1960, after finishing second in the NASCAR Grand National Points Race. In 1963, he won at tracks like Bridgehampton and Martinsville, which was his actual breakout year. The next year, Petty repeated his achievement, winning both the Daytona 500 and the Grand National Championship.

Following that, because of the Chrysler boycott of NASCAR, Petty spent most of 1965 as a drag racer. He crashed his automobile at the Southeastern Dragway in Dallas, killing one little kid and injuring seven others. Petty and his staff was able to achieve agreements while facing $1 million in claims. After returning to NASCAR in 1966, he resumed drag racing and won his second Daytona 500.

NASCAR: Controversy surrounding Richard Petty's record?

Petty won 27 of the 48 races he entered in 1967, including a record ten consecutive victories from August to October. He also won the Grand National Championship for the second time.

1970s accomplishments

In 1971, Petty drove a brand-new Plymouth Road Runner to his third Daytona 500 victory. He went on to win another 20 races, claiming his third Grand National Championship. He also won his fourth NASCAR Cup Series title as a result of his 28 top 10 performances. Petty won the Daytona 500 for the fourth time in 1973 and the Winston Cup for the fifth time in 1974.

Petty’s sixth Winston Cup victory occurred in 1975 when he won his maiden World 600. He won another Daytona 500 four years later, this time in an Oldsmobile Cutlass Supreme. Petty went on to win four more races, securing his eighth and final NASCAR championship by an 11-point margin.

1980s racing

Petty won early in the year at Nashville and North Wilkesboro, but his title dreams were dashed by a big crash at Pocono in the summer. Petty won his eighth and final Daytona 500 the following year, completing his return. However, when he switched to the Pontiac Grand Prix in 1982, he went without a win for the first time since 1978. With three triumphs and many top 10 finishes, the 1983 season was more successful. Petty became the first driver to win 200 races when he won the Firecracker 400 on July 4, 1984.

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The Last Years of Racing

Petty’s final top ten results came in 1991 at Budweiser at the Glen, and he declared his retirement after the 1992 season. He qualified on the top row of the Pepsi 400 in his final season, but owing to the terrible heat, he had to withdraw. Petty qualified for all 29 races despite his poor racing finishes in 1992. The season-ending Hooters 500 at Atlanta Motor Speedway, which drew a record 160,000 fans, was his final race. Petty was involved in a collision on the 94th lap of the thrilling race, and his car caught fire.

In 1993, Petty jumped back into a race vehicle for a NASCAR tire test at the Indianapolis Motor Speedway, and he later donated his car to the Speedway’s museum.

Career Path After Racing

Petty began working as a color analyst for CBS television in 1995, after retiring from racing. He went on to become a spokesperson for a variety of firms and products, including Liberty Medical, Cheerios, Nicorette, and Goody’s Headache Powder. Petty also developed Victory Junction, a summer camp for chronically sick children that seeks to provide a joyful and enriching outdoor experience. Petty voiced the role of Strip Weathers in the Disney/Pixar animated feature “Cars” in 2006. Petty’s famed number 43 Road Runner Superbird served as inspiration for the character.

Private Life

Petty married Lynda Owens in 1958, and they had four children: Kyle, a NASCAR racer, as well as Sharon, Lisa, and Rebecca. In 2014, Owens succumbed to cancer. The Richard Petty Motorsports team is run by Petty’s family, who live in his hometown of Level Cross. Petty also runs Petty’s Garage in Level Cross, where he restores and modifies cars.

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Petty served as the Republican Party’s nominee for Secretary of State in North Carolina in 1996. In the general election, however, he lost to State Senator Elaine Marshall.

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