$100 MILLION CONTRACT ATTRIBUTED TO CHASE ELLIOTT MAKES HISTORY WITH …
In a move that is set to send shockwaves throughout the NASCAR community, Chase Elliott has agreed to a historic contract extension with Hendrick Motorsports. The deal, which is reportedly worth a staggering $100 million over five years, makes Elliott one of the highest-paid drivers in NASCAR history.
According to sources close to the negotiations, Elliott’s new contract includes a significant increase in salary, as well as a number of lucrative bonuses and incentives. The deal is a testament to Elliott’s status as one of the sport’s top drivers, and is likely to set a new benchmark for driver contracts in the future.
Elliott, who has been with Hendrick Motorsports since 2016, has established himself as one of the sport’s most dominant forces. With 18 Cup Series wins and a NASCAR championship under his belt, Elliott has proven himself to be a valuable asset to the team.
The contract extension is also a major coup for Hendrick Motorsports, which has been Elliott’s home for the entirety of his Cup Series career. The team has invested heavily in Elliott’s development, and the new contract is a clear indication of their commitment to keeping him behind the wheel of the No. 9 Chevrolet.
Elliott’s new deal is also likely to have significant implications for the wider NASCAR community. With the sport’s top drivers increasingly commanding higher salaries, Elliott’s $100 million contract is likely to set a new standard for driver compensation.
As news of the contract extension broke, Elliott took to social media to express his gratitude to Hendrick Motorsports and his fans. “I’m honored to be able to continue driving for the best team in NASCAR,” Elliott wrote. “Thanks to everyone who has supported me on this journey – here’s to many more wins to come!”
The contract extension is the latest in a series of major developments for Elliott, who has been one of the sport’s most dominant forces in recent years. With his new deal in place, Elliott is poised to continue his winning ways and cement his status as one of NASCAR’s all-time greats.
As the NASCAR community continues to react to the news of Elliott’s historic contract extension, one thing is clear: the sport’s top drivers are increasingly commanding top dollar, and Chase Elliott is at the forefront of that trend.