Michael Waltrip Net Worth 2018

Who is Michael Waltrip and what is his net worth 2018? Michael Waltrip is an American former race car driver and a co-owner of Michael Waltrip Racing (MWR). He is also a racing commentator and an author. The professional racer’s net worth is $38 million US dollars who is the younger brother of NASCAR champion Darrell Waltrip. Michal too has won Daytona 500 twice- in 2001 and 2003. Waltrip last competed in 2017 Daytona 500 for Premium Motorsports. In his 33 years of career, he has raced in 784 races.

Early Life

Michael Curtis Waltrip was born on April 30, 1963, in Owensboro, Kentucky to Margaret Jean Evans and Leroy Waltrip. He has two elder brothers Darrell Waltrip who is also a racing commentator and Bobby Waltrip who passed away on March 24, 2014. Bobby had played a huge role in supporting Michael’s career during his early teens.

Michael Waltrip Net Worth

According to his autobiography, he started his career when he was 15. He had asked Darrell and his father to assist him to build an early career but they asked him rather pay heed to school. That’s when his second brother Bobby helped and would accompany him to go-cart racings in Kentucky.

Kentucky Waltrip married Elizabeth Buffy Franks in 1993 but divorced in 2010. They have a daughter together, Margaret Carol. He also has an elder daughter, Caitlin Marie Waltrip from his previous relationship. She is now married with two kids.

In a very recent incident of Las Vegas mass shooting, Waltrip nearly escaped the fearsome incident when he somehow cancelled the October 1st music festival which he had planned to attend.


When Michael was 15, he had asked his brother to help him initiate a career in car racing in NASCAR, but Darrell turned down as he had no time. Michael was left to start on his own but his second brother Bobby helped him. During his go-kart racings, he caught the attention of Dale Earnhardt, a professional car racer. He moved in with another professional racer Kyle Petty and then with Richard Petty.

He got a lift in his stock-car career in 1981 when he succeeded the Mini-Modified track championship at the Kentucky Motor Speedway. In 1983 he was victorious at the Goody Dash Series and chosen as the most admired driver on the circuit the same year and the next year. His Cup debut was at the 1985 Coca-Cola 600.

In 1990, Michael escaped a horrific crash at Bristol with a few cuts and bruises. During his long tenure, he drove for Bahari Racing from 1987 to 1995; he then teamed with Wood Brothers Racing from 1996 to 1998 and with Jimmy Smith/ Mattei Racing for 1999-2000.

In 2001, he collaborated with Dale Earnhardt Inc. and won his first race with the team followed by three more victories before he left them in 2005. In the 2007 NASCAR Spirit Cup series, he ushered Toyota for Michale Waltrip Racing and drove no. 55. He was also a part of 24 Hours of LeMans and Rolex 24 at Daytona in the years 2012 and 2013.

Out of many victories, his earliest was Darlington Dash Series Championship in 1983. Waltrip won the 1991 and 1992 Winston Open and Winston Select of 1995. A year later he won the NASCAR All-Star Race. He is a winner of Dayton 500 in 2001 and 2001 and winner of Gatorade Duel in 2002 and 2005.

He was awarded Darlington Dash Series Most Popular driver in 1983 and 1984.

Net Worth of Michael Waltrip

Although his major source of income of nearly $2 million a year comes from car racing, Waltrip has had other ventures too. He has made a few television appearances in the episode of My Name is Earl in April- May 2009. He also sometimes works as a commentator with his brother for NASCAR on Fox and does color commentary for Xfinity series and Truck Series.

He has also starred in television commercials like 5-hour ENERGY, Dominos, UPS, Toyota and much more. He published his book, In the Blink of an Eye: Dale, Daytona, and the Day that Changed Everything in 2011 which became a best-seller. His net worth is $38 million.

Waltrip is largely present on the social media with more than 255,000 followers and still growing. He has his residence in Huntersville, N.C. He has his own team of drivers with whom he races in different events. Waltrip has donated $1 million to North Carolina’s Victory Junction Camp and raise charities since 2010.