Josef Newgarden Net Worth: The successful American motorsports racing driver 


  • Josef Newgarden Net Worth is an American racer who drives for Team Penske  in the IndyCar championship.
  • He won the Indianapolis 500 championship twice in a row(2023/24).
  • He is the first American driver to capture a Formula Ford Festival title for Team USA in England.

Josef Newgarden Net Worth:

The net worth of Josef Newgarden net worth for the year 2024 appears to be around $5 Million,and the main source of his earnings are endorsements and race victories.

You can find out about his net worth in this table below:

  Name Josef Newgarden Net Worth
  Profession  Motorsports Driver 
  Net Worth in 2024 $5 Million
  Net Worth in 2023 $4.6 Million
  Income Source Endorsements and Championships

Josef Newgarden’s Professional Career:  

Josef Newgarden’s Professional Career

Josef started his racing career at an early age of 13 in karts where he won 4 championship titles in 2 years. Then, he shifted to open wheel racing in 2006 and competed in the Skip Barber School Racing and won multiple titles.

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He moved to England in 2009 which marked the beginning of his European career where he competed in the British Formula Ford Championship and finished as the runner up. He returned to the United States in 2011 and competed in the Indy Lights Series where he won 5 and 10 podium finishes out of 15 races.

Newgarden joined the IndyCar Series in 2012 and secured  his first career victory at Barber Motorsports Park in 2015 and secured another victory in Toronto the very same year. 

In 2017, he joined Team Penske and secured his first win for the team in just the third start.

His most recent victories came in the IndyCar Series, which he earned twice in a row  in 2023–2024.

Josef Newgarden’s Personal Life:

Newgarden was born in Nashville but his parents moved from New York due to family business and was brought up in Hendersonville,Tennessee where he attended the Pope John Paul II H.S. He started watching NASCAR, IndyCar and F1 at an early age with his father which got him interested in the sport.

He began his career at the age of 13 where he started racing in karts and won four championships in 2005–2006. In 2006, he made the switch to open-wheel racing and joined the Skip Barber Racing School Series where he won multiple titles in upcoming years.

On October 7, 2018, Newgarden announced that he and his longtime partner, Ashley Welch got engaged while on a trip to Japan.They were wed in the autumn of 2019 in Nashville and their first child was born in 2022 to his wife.

Josef Newgarden’s Quick Wiki:

Name  Josef Nicolai Newgarden
Born On December 22,1990
Birthplace  Nashville,Tennessee
Profession Motorsports Racer
Net Worth $5 Million

Josef Newgarden Interesting Facts:

  • John was the first American to capture a Formula Ford Festival Title for the USA in England.
  • In 2016, John earned his third victory in Iowa where he also set a new record for the most laps led in a single race,282 of 300.
  • With his victories in Texas and Indianapolis in 2023, Newgarden nearly became the first driver in history to win every oval race scheduled.
  • Newgarden won the Indianapolis 500 twice in a row in the years 2023-24 and is the only driver after Helio Castroneves to win the championship in consecutive years.


 The success of Joseph Newgarden’s career is accredited to his skillset, hard work, dedication and the constant support of his teams and supporters. He has become a dominant character in American open-wheel racing. Josef is well-known for his aggressive yet calculated driving style and is well-regarded for his versatility on several types of tracks, including ovals, road courses, and street circuits. He is famous for his social activities with his followers and he frequently takes part in different sports-related promotional events and is active on social media. click here

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