How Danica Patrick Achieved a Net Worth of $60 Million

Danica Patrick is a former professional race car driver who has become successful in her career, amassing an incredible net worth of $60 million, but how did she do it? The Beloit native was born on the 25th of March in 1982 and at the age of 36, she’s a very rich lady indeed. She’s now retired from the sport and although she doesn’t need to work, her passion keeps her busy. She isn’t out of the limelight and continues with her foot in the industry and in the public eye. Here is what led to her fabulous wealth.

High School took a back seat to Pro racing

She was born Danica Sue Patrick. She has earned the title of being the “most successful woman in the history of Amerian open-wheel racing.” She started professional racing right out of high school. In 1998, she traded in her cheerleading pom poms for a high-speed race car, but she had really begun her training much earlier. By the age of ten, she and her sister were already behind the wheel competing. Danica didn’t complete her high school education. The Wisconsin born racer had an opportunity to advance her career in racing in England, so she took the chance, dropped out of school and the rest is history.

Podium wins

In 2002, Patrick signed on with Rahal Letterman as this was the chance of a lifetime for the young racer. She competed heavily over the next two years and did remarkably well. She won consistent podium finishes which helped to advance her career dramatically. Her entry into the Indianapolis 500 would earn a place of distinction in the history of racing because she was the first woman that had ever led the race and only the second female in history to achieve Indy Racing League. In 2005 at the IRL Championship she earned “Rookie of the Year.” The following year, she went on to earn a variety of further career distinctions.

A long and prosperous career

Danica had her share of setbacks. After Paul Dana, her racing partner was tragically killed in a crash, she continued onward winning yet more races and placing in favorable finishes. She set a record in 2010 winning her 29th race. She joined the Nascar Xfinity Series in 2011 and at the Las Vegas Motor Speedway, placed fourth while earning yet another title as “best woman in Nascar national stock car driver.”

A career filled with impressive highlights

Danica Patrick made the official announcement that she would be retiring from full-time racing after the Indianapolis 500 and the Daytona 500 in 2018. She has broken her records and earned her place in the history of American race car driving. She has won the most races of any woman in the industry throughout all time. Although she’s not planning to race professionally after the 2018 year, Danica is still showing up on television in popular commercial spots endorsing dentistry and other products and services.

Looking forward

Danica has shared that she lives by a set of core values that have helped to guide her throughout her fabulous career, and life has just begun for the former racer. She’s not likely to disappear anytime soon. She has a formula for success that has served her well so far, and it will be interesting to see where it takes her next. She believes in moving on. You have to be willing to move on when times get tough and if it doesn’t kill you it’s going to make you stronger. Next, she understands the necessity of giving yourself permission to shoot for the stars. Even when it’s something that seems to be just out of reach, you can surprise yourself if you give yourself permission to try. The third core value that she shared is the need to always be brave. If you’re not willing to move outside of your zone of comfort, you’re not likely to achieve greatness. It’s when you dare to step out and take a risk that you’re putting yourself in the best position to achieve a measure of greatness.

Final thoughts

Having achieved the status of the best female race car driver in the world, she has accomplished the feat of being included in the history of the sport for all time. She earned every penny of her incredible net worth of $60 million through the sport of racing. It will be interesting to see where she takes her career in the next phase.


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