Rick Hendrick

Joseph Riddick “Rick” Hendrick III is a legendary American businessman and one of NASCAR’s most successful and influential team owners. Best known for founding Hendrick Motorsports, Hendrick has reshaped the NASCAR landscape, leading his organization to a record 304 NASCAR Cup Series victories and 14 Cup championships as of 2024. He is also the founder of Hendrick Automotive Group, the largest privately held automotive dealership group in the United States, blending his passion for racing and business into a legacy unmatched in motorsports.

Early Life and Background

Rick Hendrick was born on July 12, 1949, in Warrenton, North Carolina, and raised on a family farm. His passion for cars began at a young age, influenced by his father, Joseph “Papa Joe” Hendrick Jr., who emphasized hard work and determination. At just 14, Hendrick was already setting speed records on local drag strips and, by 16, won the Virginia division of the Chrysler-Plymouth Troubleshooting Contest. After briefly attending North Carolina State University, he pursued automotive sales, laying the groundwork for a career that would span both dealership success and motorsports dominance.

Career

Hendrick started his professional journey by purchasing a struggling Chevrolet dealership and transforming it into a top-performing business. This success evolved into the Hendrick Automotive Group, which now operates 131 franchises across 13 states with annual revenues surpassing $12.2 billion.

In racing, Hendrick first made his mark in drag-boat competition, setting a world record speed and winning three consecutive championships before transitioning to NASCAR. In 1984, he founded All-Star Racing, a small operation that later became Hendrick Motorsports. With just five employees and limited funding, the team won three races in its debut season with Geoff Bodine. From there, Hendrick built NASCAR’s premier organization, partnering with legendary drivers such as Jeff Gordon, Jimmie Johnson, Terry Labonte, and Dale Earnhardt Jr.

Hendrick Motorsports has since grown into a dynasty, fielding four competitive Chevrolet entries in the NASCAR Cup Series for Kyle Larson, Chase Elliott, William Byron, and Alex Bowman, dominating NASCAR’s modern era with unmatched consistency and success.

Off-Track Ventures

Away from racing, Hendrick has built Hendrick Automotive Group into a nationwide leader in car sales and service. He is also deeply committed to philanthropy, particularly through the Hendrick Family Foundation, which supports underprivileged children and families. His work outside of motorsports reflects a dedication to leadership, charity, and community impact.

Net Worth

Rick Hendrick’s net worth is estimated at approximately $1 billion, largely driven by his expansive automotive empire, NASCAR team ownership, and strategic investments.

Family Life

Hendrick is married to Linda Hendrick. The couple had two children: Ricky Hendrick, a promising young racer who tragically passed away in a 2004 plane crash, and Lynn Carlson. Despite personal hardships, Hendrick’s family remains central to his personal life and philanthropic endeavors.

Recent Controversies

Rick Hendrick has avoided major controversies in recent years, maintaining a reputation as one of NASCAR’s most respected leaders on and off the track.

Key Highlights from Season 2024 and 2025

Hendrick continues to guide Hendrick Motorsports into new eras of success. Under his leadership, drivers such as Chase Elliott, Kyle Larson, and William Byron remain perennial championship contenders, adding to the team’s legacy as the winningest organization in NASCAR history. Hendrick’s ongoing focus on innovation, driver development, and competitive excellence ensures that his influence on motorsports remains as strong as ever.