Richard Childress Racing (RCR) is currently owned by Richard Childress (60%), primarily with the remaining shares held by Chartwell Investments (40%).
Richard Childress Racing is an American professional stock car racing organisation that competes in the NASCAR Cup Series and the NASCAR O'Reilly Auto Parts Series. It was opened in 1969.
Ownership of Richard Childress Racing
Richard Childress: He is the majority owner of the auto racing team with up to a 60 per cent stake in the team.
Chartwell Investments: They acquired 40% in 2003.
Owners’ Net Worth
Richard Childress is a prominent name in the auto racing industry with significant investments. His current net worth is estimated to be around $250 million–$300 million as of 2025.
Richard Childress's wealth is accrued through the ownership of the Richard Childress Racing NASCAR team that was established in 1969. He has earned significantly from sponsorships through motorsport deals, endorsements, and success in NASCAR racing. Other sources include Childress Vineyards, a winery in North Carolina.
Ownership History of RCR
Richard Childress founded the team in 1969. Between the 1980s and 1990s, he established a partnership with Dale Earnhardt, which led to winning six Cup Series championships.
Chartwell Investments became part of the ownership group with a 40 per cent minority stake in 2003.