Colton Herta is one of the rising stars of IndyCar racing. The 22-year-old American driver has already won seven races in his career, including the prestigious Grand Prix of Long Beach in 2021. He is also the son of former IndyCar driver and current team owner Bryan Herta.
But how much does Colton Herta earn as an IndyCar driver? What is his net worth, salary, and income from racing and sponsorships? How does he compare to other drivers in the series and in Formula 1? In this article, we will answer these questions and more.
Colton Herta Salary Per Year, Month, Weekly, Day, and Hour
Colton Herta Net Worth
Colton Herta’s net worth is estimated to be around $3 million as of 2023. This is based on his earnings from racing, endorsements, and investments. He has been racing professionally since 2015, when he debuted in the USF2000 series. Since then, he has climbed up the ladder of open-wheel racing, competing in Pro Mazda, Indy Lights, and IndyCar.
Herta made his IndyCar debut in 2019 with Harding Steinbrenner Racing, a team co-owned by his father. He won his first race at the Circuit of the Americas, becoming the youngest winner in IndyCar history at 18 years and 359 days old. He also won the season finale at Laguna Seca, finishing seventh in the championship.
In 2020, Herta moved to Andretti Autosport, one of the most successful teams in IndyCar. He won two races at Mid-Ohio and St. Petersburg, finishing third in the championship behind Scott Dixon and Josef Newgarden. He also signed a multi-year contract extension with Andretti and his primary sponsor Gainbridge, a digital insurance platform.
In 2021, Herta continued his winning streak with three victories at Firestone Grand Prix of St. Petersburg, Honda Indy 200 at Mid-Ohio and Acura Grand Prix of Long Beach. He finished second in the championship behind Alex Palou, narrowly missing out on the title by 28 points.
Herta has also been linked with a possible move to Formula 1 in the future. He has expressed his interest in racing in the pinnacle of motorsport, and has been praised by F1 legends such as Mario Andretti and Lewis Hamilton. He has also tested an F1 car for Red Bull Racing in 2018.
However, Herta has also stated that he is happy and committed to IndyCar and Andretti Autosport. He has signed a new contract with the team that will keep him in IndyCar until at least 2024. He has also said that he would only consider F1 if he had a competitive offer from a top team.
Colton Herta Salary
Colton Herta’s salary is estimated to be around $700,000 per year from race winnings and his numerous brand sponsorship deals. His estimated monthly income is around $80,000-85,000 USD. Another source estimates his weekly salary to be $8,000, monthly salary to be $32,000, and yearly salary to be $380,000.
Herta’s salary is based on his performance and results in IndyCar races. He earns a base salary plus bonuses for winning races, poles, podiums, and championships. He also earns a percentage of the prize money that his team receives from IndyCar.
Herta’s salary is also influenced by his sponsorship deals with various brands and companies. He has partnerships with Gainbridge, Capstone Turbine Corporation, Gleaners Food Bank of Indiana, NOS Energy Drink, Honda, Firestone, Oakley, Bell Helmets, Sparco, and more.
Herta’s salary is one of the highest among IndyCar drivers. According to Forbes, the average salary of an IndyCar driver was $645,000 in 2019. However, some drivers earn much more than others depending on their experience, reputation, team affiliation, and marketability.
For comparison, Scott Dixon, the six-time IndyCar champion and one of the most successful drivers in history, earned $17 million in 2019, including $15 million from race winnings and bonuses, and $2 million from endorsements. Josef Newgarden, the two-time IndyCar champion and one of the most popular drivers in the series, earned $3.5 million in 2019, including $2.5 million from race winnings and bonuses, and $1 million from endorsements.
Herta’s salary is also lower than that of Formula 1 drivers, who earn much more money from racing and sponsorships. According to Business Insider, the average salary of an F1 driver was $9.4 million in 2020. However, some drivers earn much more than others depending on their experience, reputation, team affiliation, and marketability.
For comparison, Lewis Hamilton, the seven-time F1 champion and one of the greatest drivers of all time, earned $76 million in 2020, including $58 million from race winnings and bonuses, and $18 million from endorsements. Max Verstappen, the current F1 champion and one of the most talented drivers in the sport, earned $42.5 million in 2020, including $36.5 million from race winnings and bonuses, and $6 million from endorsements.
Colton Herta Salary Per Day and Hour
Based on his estimated yearly salary of $700,000, Colton Herta’s salary per day is around $1,917. His salary per hour is around $80.
However, these figures are only rough estimates based on averages and assumptions. Herta’s actual salary per day and hour may vary depending on his performance and results in each race, as well as his sponsorship deals and other income sources.
Conclusion
Colton Herta is one of the best and richest IndyCar drivers in the world. He has a net worth of around $3 million and a salary of around $700,000 per year. He earns his money from racing, endorsements, and investments. He is also a potential candidate for Formula 1 in the future.
However, Herta is not only motivated by money. He is also passionate about racing and winning. He has a lot of talent, skill, and determination that make him a formidable competitor on the track. He is also humble, grateful, and loyal to his team and sponsors.
Herta is a young driver with a bright future ahead of him. He has already achieved a lot in his career, but he still has a lot more to accomplish. He is one of the most exciting and promising drivers to watch in IndyCar and beyond.
Most Asked Questions and Answers
Q: How old is Colton Herta?
A: Colton Herta is 22 years old as of 2023. He was born on March 30, 2000 in Valencia, California.
Q: Who is Colton Herta’s father?
A: Colton Herta’s father is Bryan Herta, a former IndyCar driver and current team owner. Bryan Herta won four races in his IndyCar career, including the 1998 Laguna Seca race with the famous “corkscrew” pass over Alex Zanardi. He also co-owns Andretti Harding Steinbrenner Autosport, the team that Colton Herta debuted with in IndyCar in 2019.
Q: Who is Colton Herta’s girlfriend?
A: Colton Herta’s girlfriend is Faith Schueler, a singer-songwriter from Nashville, Tennessee. The couple has been dating since 2019 and often posts pictures of their relationship on social media.
Q: What car does Colton Herta drive?
A: Colton Herta drives the No. 26 Honda for Andretti Autosport in IndyCar. His car is sponsored by Gainbridge, a digital insurance platform that offers annuities and life insurance products.
Q: What are Colton Herta’s hobbies?
A: Colton Herta’s hobbies include playing guitar, listening to music, watching movies, playing video games, and spending time with his friends and family.
Q: What are Colton Herta’s achievements?
A: Colton Herta’s achievements include:
- Winning seven races in IndyCar as of 2023
- Becoming the youngest winner in IndyCar history at 18 years and 359 days old
- Finishing second in the IndyCar championship in 2021
- Winning two races in Indy Lights in 2018
- Winning four races in Pro Mazda in 2017
- Winning four races in USF2000 in 2015
Q: What are Colton Herta’s goals?
A: Colton Herta’s goals include:
- Winning the IndyCar championship
- Winning the Indianapolis 500
- Racing in Formula 1
- Becoming one of the best drivers in the world
Q: What are Colton Herta’s strengths?
A: Colton Herta’s strengths include:
- His natural speed and talent
- His aggressive and confident driving style
- His adaptability and versatility on different tracks
- His technical knowledge and feedback
- His maturity and professionalism