| Name: | Rick Hendrick |
| Net Worth: | $ 1 billion |
| Source of Wealth: | Hendrick Automotive, Hendrick Motorsports |
| Born: | July 12, 1949 |
| Age: | |
| Country: | USA |
| Wife: | Linda Hendrick |
| Children: | Ricky Hendrick, Lynn Carlson |
| Residence: | Charlotte, North Carolina, USA |
| Private Jet: | Gulfstream G-V (N500RH) |
| Yacht | Wheels |
Rick Hendrick, born Joseph Riddick Hendrick III on 12 July 1949, is an American billionaire businessman, car dealer, former racing driver and one of the most successful team owners in NASCAR history. He is best known as the founder of Hendrick Automotive Group and Hendrick Motorsports, two businesses that have made him a major figure in both the automotive retail industry and American motorsport.
Hendrick was born in Warrenton, North Carolina, and grew up with a strong interest in cars, engines and racing. That passion later became the foundation for a business career that combined automotive retail, dealership ownership and professional motorsport.
He is married to Linda Hendrick. The couple had two children, Ricky and Lynn. Their son, Ricky Hendrick, was also involved in racing and business, but tragically died in a plane crash in 2004.
Rick Hendrick is also known in the yachting world as the owner of the luxury yacht Wheels, a Trinity-built superyacht often associated with his success in the automotive and motorsports industries.
The Hendrick Automotive Group is one of the largest privately held automotive retail groups in the United States. The company is headquartered in Charlotte, North Carolina, and represents a wide range of major automotive brands across multiple states.
Rick Hendrick began building his automotive empire in 1976 when he became a Chevrolet dealer in Bennettsville, South Carolina. At the time, he was only 26 years old, making him one of the youngest Chevrolet dealers in the country. That first dealership became the starting point for what would grow into one of America’s most successful private dealership groups.
Over the years, Hendrick Automotive Group expanded far beyond Chevrolet. The company now represents many well-known brands, including Chevrolet, Toyota, Honda, BMW, Mercedes-Benz, Porsche, Lexus, Cadillac, GMC, Volvo and several others. Its dealerships sell new, used and certified pre-owned vehicles, while also operating service departments, collision centers and parts businesses.
Recent company information indicates that Hendrick Automotive Group operates roughly 95 to 97 dealership locations, more than 130 franchises, 21 collision centers and several accessories distributor installers. The company employs more than 10,000 people and has a footprint that stretches from the Carolinas to California.
In 2024, Hendrick Automotive Group reportedly generated more than $13.6 billion in revenue after selling over 206,000 vehicles and servicing approximately 2.6 million cars and trucks. These figures show why the group is considered one of the most important private dealership businesses in the United States.
The company’s success is closely linked to Hendrick’s hands-on approach to customer service, dealership operations and brand relationships. While he became famous through racing, the foundation of his fortune remains the automotive retail business.
Hendrick Motorsports is Rick Hendrick’s NASCAR racing team and one of the most successful organizations in the history of American motorsport. The team was founded in 1984 under the name All-Star Racing before becoming Hendrick Motorsports.
The team competes in the NASCAR Cup Series with Chevrolet and has fielded cars for some of the biggest names in the sport. Its current and recent drivers include Chase Elliott, William Byron, Kyle Larson and Alex Bowman. Past Hendrick drivers include Jeff Gordon, Jimmie Johnson, Dale Earnhardt Jr., Terry Labonte, Darrell Waltrip and many others.
Hendrick Motorsports has become the winningest team in NASCAR Cup Series history. According to NASCAR, by early 2026 Hendrick’s Cup Series drivers had won 320 races, far ahead of the historic Petty Enterprises total of 268. The team also had 15 Cup Series championships, with Kyle Larson adding another title in 2025.
The organization’s success has been built on elite drivers, strong engineering, consistent sponsorships and a long-term partnership with Chevrolet. Hendrick Motorsports operates from a large campus in Concord, North Carolina, with hundreds of employees supporting its race teams.
Rick Hendrick was inducted into the NASCAR Hall of Fame in 2017 and the International Motorsports Hall of Fame in 2013. These honors reflect his impact not only as a team owner, but also as someone who helped shape modern NASCAR.
Jeff Gordon, one of Hendrick Motorsports’ most famous drivers, became an equity partner in the team and later took on a leadership role as vice chairman. Gordon owns the yacht 24 KARAT.
Rick Hendrick and his wife Linda Hendrick are also active philanthropists. Their charitable work is organized through the Hendrick Family Foundation, which supports medical, educational and community-focused causes.
The foundation was created to bring together the Hendrick family’s charitable activities and to continue the work of the Hendrick Marrow Program. That earlier program raised more than $15 million to support bone marrow donor matching and related healthcare initiatives.
The Hendrick Family Foundation supports organizations such as Levine Children’s Hospital, Be The Match and Vision To Learn. It is also connected to community programs focused on children, families, healthcare access and education. One of its major fundraising events is the annual Learn Live Hope Golf Classic, which has raised significant funds for charitable organizations.
This philanthropic work has become an important part of Rick Hendrick’s public profile. His business success in cars and racing is well known, but his charitable work reflects a more personal side of the Hendrick family legacy.
Rick Hendrick’s net worth is generally estimated at around $1 billion. This estimate is commonly linked to the value of Hendrick Automotive Group, Hendrick Motorsports, private investments, real estate, his car collection and other assets.
However, his real fortune may be difficult to calculate precisely because both Hendrick Automotive Group and Hendrick Motorsports are privately held businesses. Public net worth estimates are therefore based on available information rather than full access to private financial records.
The size of Hendrick Automotive Group suggests that his wealth could be higher than some published estimates. With annual revenue reportedly above $13 billion in 2024 and a dealership network spanning major automotive markets, the business represents a substantial private asset.
Hendrick Motorsports also carries significant value. The team is one of the most successful and best-known organizations in NASCAR, with major sponsorships, extensive facilities, valuable charters and decades of racing success. Combined with his other assets, Rick Hendrick remains one of the wealthiest figures in American motorsport and automotive retail.
Rick Hendrick is an avid car collector, with a collection that reportedly includes more than 200 vehicles. His collection is especially known for its large number of Chevrolet Corvettes, including rare, historic and limited-production models.
His passion for Corvettes is closely tied to his lifelong relationship with Chevrolet. Over the years, Hendrick has purchased several important Corvette models at charity auctions, often paying substantial sums for first-production or special-edition vehicles. These purchases have helped raise money for charitable causes while also adding rare cars to his collection.
The collection reportedly includes restored classics, muscle cars, performance vehicles, customized cars and modern supercars. For Hendrick, the collection is not only a display of wealth, but also a reflection of his personal history in the car business.
Rick Hendrick’s net worth is estimated at around $1 billion. Because his main companies are privately owned, the exact figure is difficult to confirm. Given the scale of Hendrick Automotive Group and Hendrick Motorsports, his actual wealth may be higher than some public estimates suggest.
Rick Hendrick made most of his money through the automotive dealership business. He started with a Chevrolet dealership in 1976 and built it into Hendrick Automotive Group, one of the largest privately held dealership groups in the United States. He also owns Hendrick Motorsports, one of the most successful teams in NASCAR history.
Hendrick Automotive Group currently operates around 95 to 97 dealership locations and represents more than 130 automotive franchises across the United States. The exact number can change as the company opens, sells or reorganizes dealerships.
Hendrick Motorsports is one of the most successful teams in NASCAR history. By early 2026, NASCAR reported that Hendrick’s Cup Series teams had won 320 races and 15 Cup Series championships. The team has also won multiple Daytona 500s and championships with drivers including Jeff Gordon, Jimmie Johnson, Chase Elliott and Kyle Larson.
Rick Hendrick’s yacht Wheels is reported to have cost around $35 million. A yacht of this size and type can have annual running costs of several million dollars, depending on crew, maintenance, fuel, insurance and itinerary.
The exact value of Rick Hendrick’s car collection is not publicly confirmed. The collection reportedly includes more than 200 vehicles, including many rare Chevrolet Corvettes. Given the rarity of some cars in the collection, its total value is likely to be substantial.
hendrickcars.com – Hendrick Automotive Group official website
hendrickmotorsports.com – Hendrick Motorsports official profile and team history
nascar.com – Rick Hendrick racing history and Hendrick Motorsports statistics
hendrickcars.com – Hendrick Family Foundation and community programs
hendrickineoscharleston.com – Hendrick Automotive Group company revenue and dealership information
celebritynetworth.com – Rick Hendrick net worth estimate
superyachtfan.com – Yacht Wheels
superyachtfan.com – Yacht 24 KARAT
superyachtfan.com – Jeff Gordon yacht owner profile
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Rick and his wife Linda live in a large mansion in a gated community in Charlotte, NC. The house is situated next to a golf court.
Charlotte is a city located in the state of North Carolina in the United States. It is the largest city in the state and is located in the Piedmont region of North Carolina. Charlotte is a major financial center and is home to several major banks and financial institutions, including Bank of America and the East Coast operations of Wells Fargo.
Charlotte is also known for its thriving arts and culture scene, with a range of museums, galleries, and performing arts venues located in the city. The city is also home to several sports teams, including the Carolina Panthers (National Football League) and the Charlotte Hornets (National Basketball Association).
In addition to its financial and cultural attractions, Charlotte is also known for its natural beauty, with several parks and green spaces located in and around the city, including Freedom Park and the U.S. National Whitewater Center.
He is owner of the Trinity yacht Wheels. (The Oceanco Wheels is owned by Ralf Schmid)
Hendrick owns a Gulfstream G-
The Gulfstream G-V is a large-cabin, long-range business jet produced by Gulfstream Aerospace. It was introduced in 1997 and is a member of Gulfstream’s G-series of aircraft. The G-V is known for its spacious cabin, advanced technology, and exceptional performance capabilities.
The G-V is equipped with a range of advanced technology, including a state-of-the-art flight deck, a highly efficient engine design, and a range of connectivity options. The aircraft is capable of flying up to 5,700 nautical miles (10,500 km) without refueling, making it ideal for long-range trips.
The cabin of the G-V is known for its spaciousness and luxury, with a range of amenities designed to provide a comfortable and efficient flying experience. The cabin is equipped with a full-service galley, a private bathroom, and a spacious lounge area, as well as large windows that provide panoramic views of the surrounding scenery.
In 2004 a Beechcraft Super King Air aircraft owned by Hendrick crashed into mountainous terrain in Virginia. It was during a missed approach to the Airport. The jet was registered N501RH. All ten people on board were killed at the plane crash including Ricky Hendrik. (Son of Rick).
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Rick Hendrick Yacht WHEELS
SuperYachtFan Yacht Owners Database Q3-26
