NASCAR

NASCAR Legend Jeff Gordon Will Have $350 Million Responsibility Bestowed Upon Him by Rick Hendrick

Jeff Gordon strung together a legendary NASCAR career that firmly locked his legacy in place. Since his retirement, Gordon has remained around the sport in a significant capacity. The Hall of Fame driver is also in line to have a $350 million responsibility handed down to him by Rick Hendrick.

Jeff Gordon’s illustrious NASCAR career

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Jeff Gordon spent more than two decades behind the wheel on the NASCAR track, where he blazed a legendary career.

Gordon is regarded as one of the sport’s greatest drivers behind his tremendous accomplishments. The No. 24 car driver earned four Cup Series championships, 93 Cup Series wins, three Daytona 500 victories, and 477 top-ten finishes.

The 49-year-old completed three career Grand Slams and became the youngest driver to win the Cup Series title. Gordon raced his entire Hall of Fame racing career with Hendrick Motorsports, where he is in line for a life-changing opportunity in the coming years.

NASCAR legend Jeff Gordon will have $350 million responsibility bestowed upon him by Rick Hendrick

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Jeff Gordon strung together an incredible NASCAR career that spans over two decades all spent with Hendrick Motorsports.

Since stepping away, Gordon has become increasingly involved in the business side with company. He reportedly has a “lifetime agreement” with the corporation as an equity partner for his No. 24 DuPont Automotive Finishes Chevrolet team.

With that in mind, Owner Rick Hendrick voiced to Racing News in December 2018 that once he steps into retirement, Gordon will take his spot leading Hendrick Motorsports.

“That’s the way we’re going,” Hendrick said. “Whenever I finally step away, it’ll be Jeff Gordon in my place.”

Over the years, the two have developed a tremendously strong relationship that extends well of the track. The four-time Cup Series champion has taken up a top executive position in the company that has earned him firm trust from Hendrick.

The 71-year-old has yet to indicate when he will step away from Hendrick Motorsports, which is valued at $350 million by Alt Driver. It’s only a matter of time before Gordon ventures into his next major business move.

Ready for the opportunity

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The discussions around Jeff Gordon eventually taking over control of Hendrick Motorsports have taken place for several years.

The Hall of Fame driver discussed the situation in January 2019 before his induction into the National Motorsports Press Association Hall of Fame. Gordon voiced he fully embraces the opportunity to run the company where he spent his entire professional racing career. (H/T Alt Driver)

“I have so much respect for the organization in being not just an equity owner, but for what they’ve done for me, what that organization has done for my career,” added Gordon. “I feel like I owe that back to them to be respectful and try to give all I can back to continue to see it be successful, even when I stepped away. I knew one day when I stepped away that I would play a larger role.”

Gordon is well aware of the massive responsibility that comes with the territory of running a huge corporation. Although the transition may not come anytime soon, his hands-on involvement with the company as an equity owner helps move along the process.

Before Gordon steps into the pending role, he will continue to work the broadcast booth at Fox Sports covering NASCAR.