Hendrick Motorsports is currently owned by Rick Hendrick, who remains one of the biggest names in NASCAR. He is the sole principal owner, overseeing the operations of the team.
Hendrick Motorsports is an American professional auto racing team that competes in the NASCAR Cup Series. It was founded in 1984 as All-Star Racing by Rick Hendrick.
Today, Hendrick Motorsports is one of the most successful teams in NASCAR Cup history, with a NASCAR-record 320 Cup Series races and 15 Cup Series owners' and drivers' championships.
Who Owns Hendrick Motorsports?
Rick Hendrick is the sole principal owner of Hendrick Motorsports. He founded the team in 1984, All-Star Racing.
Rick is an American businessman famously known for his position as the owner of Hendrick Motorsports, co-owner of JR Motorsports and founder of the Hendrick Automotive Group.
Rick Hendrick’s net worth is estimated at $1 billion according to figures in 2025. His wealth is accrued from his NASCAR operations and his dealings in the automotive industry.
He owns Hendrick Automotive Group, which is one of the largest privately held car dealerships in the United States. Hendrick Motorsports is his next source of wealth. He also has investments in real estate as well as other business ventures.
Ownership History of Hendrick Motorsports
Hendrick Motorsports was founded in 1984 as “All-Star Racing” by Rick Hendrick. It was later renamed to its present status in 1985 and has expanded to multiple cars as well as winning championships.
Team History
Hendrick Motorsports debuted in the NASCAR Cup Series in the 1984 season and has won over 14 NASCAR Cup Series championships.