---
title: "Hendrick Motorsports Tops List of Most Valuable NASCAR Teams"
description: "While it's not a surprise to see Hendrick as most valuable, it is surprising to see that value estimated at $25 million less than last year."
date: "2018-02-22"
modified: "2018-02-22"
authors:
  - name: "Brian Beers"
    link: "https://www.thedrive.com/authors/brian-beers"
url: "https://www.thedrive.com/accelerator/18723/hendrick-motorsports-tops-list-of-most-valuable-nascar-teams"
categories:
  - "NASCAR"
  - "News"
  - "Racing"
tags:
  - "Alex Bowman"
  - "Business"
  - "Chase Elliott"
  - "Hendrick Motorsport"
  - "Jimmie Johnson"
  - "William Byron"
---

# Hendrick Motorsports Tops List of Most Valuable NASCAR Teams

![](<https://www.thedrive.com/wp-content/uploads/images-by-url-td/content/2018/02/hendrick-motorsports-team-most-valuable.jpg>)
*\<em\>www.thedrive.com</em>*

Hendrick Motorsports was once again named as the most valuable team in NASCAR with an estimated value of $325 million, down seven percent from last year, according to the [2018 annual ranking released by *Forbes*](<https://www.forbes.com/sites/chrissmith/2018/02/21/nascars-most-valuable-teams-2018/#7cfe48e850ea>).

Hendrick fields four full-time racing teams on the Monster Energy NASCAR Cup Series circuit: Alex Bowman (No. 88), William Byron (No. 24), [Chase Elliott](<https://www.thedrive.com/accelerator/18528/hooters-gives-away-fried-pickles-for-top-10-chase-elliott-finishes>) (No. 9), and Jimmie Johnson (No. 48). They have won 12 Cup series titles and collected 249 career victories.

https://www.instagram.com/p/BfYyFopBHNG

According to *Forbes*, Joe Gibbs Racing is the second most valuable team at $220 million. Stewart-Haas Racing is ranked third at $175 million. Rounding out the top five are Richard Childress Racing coming in at No. 4, and Team Penske at No. 5.

Team Penske expanded operations this year, [becoming a three-car outfit](<https://www.usatoday.com/story/sports/nascar/2017/07/26/team-penske-expands-adds-ryan-blaney-third-car-2018/512321001/>) by adding the new No. 12 car driven by Ryan Blaney.

The top eight [NASCAR teams](<https://www.thedrive.com/accelerator/18584/2018-daytona-500-drivers-to-watch>) are now worth an average $158 million, down two percent from last year, according to *Forbes*. They say this decrease in value can be attributed to an "increasingly worrying lack of TV viewership coupled with a general investment pullback from sponsors and team owners."

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