Rusty Wallace Net Worth, NASCAR Salary, Endorsements and Wife

Rusty Wallace's brother Kenny Wallace was also a sueccefull NASCAR driver.

Rusty Wallace Net Worth, NASCAR Salary, Endorsements and Wife

Rusty Wallace

NameRusty Wallace
OccupationRetired NASCAR Driver
Net Worth$40 million
Marital StatusMarried to Patti Wallace
ResidenceImperial, Missouri
UpdatedJanuary 2023

Rusty Wallace is an American former stock racing car driver. Before Wallace joined the NASCAR circuit, he won over 200 short-track races and the American Speed Association Championship. Wallace drove the No.16 Chevrolet for Roger Penske. He continued as a part-time driver for 3 years. His full-time Cup Series debut came in 1984 with the No.88 Pontiac for Cliff Stewart.

Wallace finished 14th in the final standings and bagged the Rookie of the Year award. He switched to Blue Max Racing in 1986 and won his first few races. He continued with the Raymond Beadle-backed team until the end of his contract in 1990. Wallace won the 1989 Cup Series Championship in a highly controversial fashion, by spinning out Darrel Waltrip on the final lap.

The Missouri native moved to Penske in 1991 and would see the rest of his career with the same team he made his debut for. Wallace’s stint at Penske was outstanding; he scored consistent wins but could never replicate his championship success from 1989. In 2005, Wallace retired from competing full-time in the Cup Series and, instead, switched his focus to Broadcasting. He has covered auto racing events for ESPN and ABC since 2006.

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Rusty Wallace’s Net Worth

Rusty Wallace
Rusty Wallace

Wallace is reported to have a Net Worth of approximately $40 Million. The 1989 Cup Series Champion has earned most of his wealth from his tremendously successful racing career. Wallace was also extremely popular with sponsors. Hence one can safely assume he held several multi-million dollar endorsement deals during the peak of his popularity.

Rusty Wallace’s NASCAR Wins and Championship

Rusty Wallace
Rusty Wallace

Wallace won 55 races and bagged pole 36 times from 706 Cup Series appearances over the course of 25 years. He won the 1989 Cup Series title after beating Dale Earnhardt by 12 points. Wallace won the Rookie of the Year award in 1984. He was inducted into the NASCAR Hall of Fame in 2013 and the Motorsports Hall of Fame of America in 2014.

Rusty Wallace’s Endorsements

Rusty Wallace's No.2 Pontiac
Rusty Wallace’s No.2 Pontiac

Wallace was an exceptionally marketable driver throughout his career. He held several sponsorships, and endorsement deals with brands such as Miller Lite, Genuine Draft, Bosch, Mobil 1, Fleetwood, Callaway Golf, Lista International, etc. Details of his earnings from these deals are unknown to the public, although one can assume that signing a 55-time race winner is not an economical endeavor.

Does Rusty Wallace have Charity?

Rusty Wallace at a Charity Event
Rusty Wallace at a Charity Event

Wallace is one of the most charitable characters in the NASCAR Paddock. He serves on the board of directors of the NASCAR Foundation. Wallace initiated the Rusty Wallace Ride, an annual charity motorbike ride. Over $2.1 Million have been generated for charity through such events.

Rusty Wallace’s Wife and Family

Rusty Wallace and wife Patti Wallace
Rusty Wallace and wife Patti Wallace

Wallace married Patti Wallace in 1980. The couple has 3 children together, Greg, Katie, and Steven. Steven Wallace raced in the Xfinity Series full-time and made his Cup Series debut at the Daytona 500 in 2011. This made him the 4th member of his family to compete in the prestigious event.

Rusty Wallace’s Post-Retirement Endeavors

Rust Wallace's 'Signature Design Speedway'
Rust Wallace’s ‘Signature Design Speedway’

After retiring from the Cup Series in 2005, Wallace started working as a Broadcaster for ESPN and ABC. He worked with ESPN till his contract elapsed in 2014. Since 2015 Wallace has been working with Motor Racing Network as a booth announcer. Wallace also owns his race track in Iowa, titled ‘Signature Design Speedway’. The track hosted its first race in 2006 and has hosted races for the Nationwide Series in the past.

How old is Rusty Wallace?

Wallace is 66 years old.

What is Rusty Wallace’s Net Worth?

Wallace is worth over $40 Million.

Who is Rusty Wallace’s Wife?

Wallace is Married to Patti Wallace.

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