Daniel Suárez’s Net Worth: How Rich is the NASCAR Driver?

Monterrey, Mexico, native Daniel Alejandro Suárez Garza knew from an early age that he wanted to pursue a career in the racing industry. Therefore, he worked hard to make all his dreams come true, even with a lot of those standing beside him asking him to step back as they didn’t think he would be able to find success in America. After all, as explored in Netflix’s ‘Full Speed’ season 2, only his father, Alejandro Suárez, is the one who encouraged him not to let anything hold him back and move to Charlotte, North Carolina, for good to get into NASCAR.

How Did Daniel Suárez Earn His Money?

Born on January 7, 1992, Daniel Suárez was admittedly just 10 when he got into competitive racing, starting as a go-kart racer—the only racing option available to children until age 14. Therefore, the 2007 Class Champion moved forward to NASCAR Mexico’s Mini-Stocks series as soon as he was able after obtaining his full-license, just to soon become the youngest driver ever to win a race Then, in 2010, he happily shifted gears the NASCAR Mexico Series under the banner of Relcel Racing, unaware he would soon end up earning the titles of series’ Rookie of the Year and All-Star.

It was in 2011 that Daniel really expanded his wings by not only competing within NASCAR Mexico but also setting foot in the NASCAR K&N Pro Series East in America. He finished the season in ninth position in the former with three poles as well as a podium, and he only participated in three races in the latter. 2012 was similar for the racer, but he stepped up in 2013 by racing for the full season under the banner of Rev Racing at NASCAR K&N, which he followed through with in 2014. In fact, in the latter year, he won 3 races, which got him attention from those in the NASCAR Cup.

Joe Gibbs Racing announced in August 2014 that Daniel would be their #18 Toyota driver and would compete full-time in the 2015 NASCAR Xfinity Series. He also had a partial schedule in the 2015 NASCAR Camping World Truck Series as the #51 Toyota driver for Kyle Busch Motorsports, but he managed to balance his responsibilities beautifully. With 3 poles as well as the final position of 5 in points, he subsequently won the Rookie of the Year title in the former, indicating that just winning wasn’t winning for him if it didn’t bring him closer to the well-coveted Championship Cup.

Daniel actually managed to keep his momentum going, resulting in him not only getting into the NASCAR Xfinity Series in 2016 but also becoming the first foreign-born driver to win a NASCAR national series championship. Thus, of course, a year later, Joe Gibbs Racing nabbed him to drive their #19 Toyota following the retirement of Carl Edwards. Since then, he has been proving his mettle at every single turn, even when faced with adversity, including running 14 Xfinity Series races during his debut year and then being removed by Joe Gibbs Racing late during the 2018 season.

Daniel subsequently landed a spot at Stewart–Haas Racing to drive their #41 Ford Mustang GT while also bringing in Arris as a sponsor, which was a big deal at the time. Sadly, though, he couldn’t even make the playoffs and was thus not re-signed for the next season, which is what happened again in 2020 while he was under the banner of Guant Brothers Racing. But then, in 2021, Daniel’s whole world turned around as he joined Trackhouse Racing as their #99 driver, where he had such support that he quickly gained a reputation for being competitive, yet with the right attitude. He even placed 4th and 5th in a couple of races this year, which he expanded with a podium win the next year at Sonoma. He sadly didn’t make the playoffs in 2023 either, but he did incredibly well in 2024 with his second race win.

Daniel Suárez’s Net Worth

Considering the fact that Daniel Suárez has been actively racing for over two decades as of writing, it goes without saying that he has managed to accumulate significant wealth for himself. This is one sport where athletes are bound to lose more than they win, but even with that, he has ensured that he utilizes his skills and experience to do his best both on and off the track. This is what helps him earn significantly. In fact, we believe he presently has a base salary of around $5 million per year as a driver for Trackhouse Racing, which means that this is without win earnings and bonuses. Daniel’s two Cup wins – at Sanoma in 2022 and at Atlanta in 2024 – actually netted him approximately $1.7 million and $1.1 million, respectively, which is 10% of the total winning purse.

From what we can tell, Daniel earned roughly $50,000 when he first got into NASCAR, which gradually evolved into much more as he spread his wings and started living the American dream. In the US, his base salary was approximately $100,000 during the initial years, only to start getting into the hundreds of thousands and then millions as he moved from Truck racing to the Xfinity Series to the Cup Series. As if that’s not enough, it’s also imperative to note that Daniel is the proud owner of a car restoration shop in his hometown of Monterrey, Mexico, called DNS Restauraciones, which also contributes to his overall wealth. As if that’s not enough, another couple of aspects that do so are the endorsements he does to maintain his public image, as well as his vintage car collection, comprising 13 beautiful vehicles. So, taking into account all these aspects, his other assets like his home, his expenses as a married family man, and his possible investments and returns, we believe he has a net worth of $15 million.

Read More: Michael and Jules Iavarone’s Net Worth: How Rich Are the Racehorse Owners?