Jeff Gordon discusses lack of guarantees in NASCAR contract
Yahoo Sports • 1 min read • Latest: Aug 28, 2026, 12:05 AM
Last updated Aug 28, 2026

During an episode of the "Business of Motorsports" podcast on August 28, 2026, Jeff Gordon shared insights about his NASCAR driver contract. He revealed that there were no guarantees included, emphasizing that his earnings relied heavily on performance and sponsorships. Gordon, who won four championships and 93 races during his career, explained how he became an equity partner at Hendrick Motorsports, starting with a lifetime contract in 1999 and later gaining partial ownership of the No. 48 Chevrolet. This partnership coincided with Jimmie Johnson's arrival in the team in 2002, which proved successful for both drivers and the team. Gordon's reflections provide a unique perspective on the business side of NASCAR and the challenges involved in securing sponsorships.
- •Gordon revealed his contract had no guarantees with Hendrick Motorsports.
- •He emphasized the reliance on performance and sponsorship for earnings.
- •Gordon became an equity partner in HMS after signing a lifetime contract.
- •He gained partial ownership of the No. 48 Chevrolet when Jimmie Johnson joined.
- •Gordon's career included four championships and 93 wins.
- 12:05 AMYahoo Sports — Jeff Gordon Says His NASCAR Driver Contract Would Shock People
"Jeff Gordon said his NASCAR driver contract would be shocking to people. The comments came during an appearance on the "Business of Motorsports" podcast.
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