Over the last two decades, Denny Hamlin, now a NASCAR Cup Series driver has been receiving compensation from Joe Gibbs Racing, one of the most successful teams in the sport. However, his first paycheck did not come from racing or from JGR. During a recent online Q&A session on Instagram, a fan asked Hamlin if he had ever worked in retail or fast food. Hamlin revealed that he was employed at Subway in 1996, where he received his first official paycheck.
While attending high school, Hamlin was also participating in go-kart and mini-stock races sporadically. Today, he is among the most desired drivers in the NASCAR arena, boasting an astonishing net worth of $65 million. The Tampa, Florida native has clinched 56 victories and co-owns a racing team with former NBA luminary, Michael Jordan.
Most Recent Wins and Standings
Hamlin secured his most recent win as a driver in April of the current year, during NASCAR’s throwback weekend at Darlington Raceway. He won his first race of the 2025 season at Martinsville on March 30. At present, Denny Hamlin is second in the driver standings, having achieved five top-fives, six top-10s and earning 316 points.
Post FedEx, Partnerships and Financial Hurdles
Hamlin’s No.11 team at Joe Gibbs Racing suffered a large financial setback when FedEx, their longstanding partner, terminated their association after the 2024 season. Thankfully, they secured a contract with Progressive Insurance for the subsequent year and a half. In addition to this, Ty Gibbs, driver of No.54 and a teammate of Hamlin at Joe Gibbs Racing, entered a multi-year collaboration with Saia Inc. This partnership was met with approval by team owner Joe Gibbs.
Future Uncertain
Nevertheless, the company’s deplorable profits for the first quarter of 2025 and subsequent 32 per cent fall in the value of their stocks could threaten the stability of the team. This comes amid an impending demise of the latest NASCAR All-Star race, Xfinity Series updates, news, rumors and today’s top stories.
