Josef Newgarden Net Worth 2024: Biodata, Early Life, Career, Social Media

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Josef Newgarden isn’t a new name among IndyCar racing enthusiasts, and this man has a thriving net worth. He has received attractive sponsorship and advertisement deals as a two-time IndyCar Series champion and twice as an Indianapolis 500 champion. Successfully defending the Indy 500 in the year 2023 and the following year in 2024 has placed him among the highest-paid racing car drivers.

Well, do you want to know his actual worth? I thought it would be a good idea to inform you of some information that would be pleasant to give you, such as Josef Newgarden net worth. This blog will focus on his information, such as his biodata details, early life, career, and social account profile.

Biodata

Full Name	Josef Nicolai Newgarden
Date of Birth	December 22, 1990
Age	34 Years
Birth of Place	Hendersonville, Tennessee, USA
Nationality	American
Gender	Male
Parents	Brent and Tina Newgarden
Spouse	Ashley Welch
Profession	Professional Racing Driver
Josef Newgarden Net Worth	$15 Million

Who is Josef Newgarden?

Josef Newgarden is a famous American racing driver in the IndyCar Series who is currently racing in Team Penske. Born on December 22, 1990, in Hendersonville, Tennessee, his interest in car racing developed at a very early age, and he competed in many karting championships before graduating from open-wheel racing.

From the earliest age of 13, Newgarden started his race with karting in mind as his first racing type. Their genetic endowment and drive made him exceptional, and he had accumulated four championship titles in 2005 and 2006.

Newgarden was weaned in the rally racing but switched to open-wheel racing at the beginning of the year 2006 with the Skip Barber Racing School Series. He was able to prove his worth constantly; he in fact was able to achieve a second position in the regional championship in his rookie season and in the following seasons as well.

In 2008, Newgarden marked a new victory by becoming the first American driver to win the Formula Ford Festival, proving he was out for more than just the UK series title.

In 2009, Newgarden moved to England to compete in the British Formula Ford Championship. They faced challenges resulting from the death of his team boss, but From proved himself to be a strong contender to fight to the end and emerged as the runner-up of the series.

Debut Career

Newgarden joined the IndyCar Series in 2012, and the young driver soon proved to be a hot favorite for success. He was rewarded for his driving skills and competitive nature, and in 2017, he was transferred to Team Penske, which marked a major milestone in his career.

On Team Penske, Newgarden recorded quite a few performances and successes. He won the IndyCar Series title in 2017 and 2019 to show that he is a very reliable driver and can also deliver in the pressure. His greatest accomplishment came in 2023 and 2024 when he was crowned the Indianapolis 500 winner which put him in the hall of fame of the sports. Currently, he is leading the active American drivers in the number of victories scored in the IndyCar Series, which is evidence of his domination in the series.

Nevertheless, in 2024, he proved that he could perform well in different forms of racing by being able to emerge the winner of the 24 Hours of Daytona endurance racing competition.

Josef Newgarden Stats

Highlights:

IndyCar Series Championships: 2 (2017, 2019)

Indy 500 Wins: 2 (2023, 2024)
Total IndyCar Wins: 32
Total IndyCar Podiums: 68
Total IndyCar Pole Positions: 28

Season Statistics (as of September 9, 2024):

Current Championship Standing: 1st
Race Wins: 5
NTT P1 Awards (Pole Positions): 3
Points: 365
Top 5 Finishes: 7
Top 10 Finishes: 10

Additional Career Statistics:

IndyCar Starts: 214
Average Finishing Position:9.89
Most Wins in a Season: 5 (2022)
Win Percentage: 14.95%
Podium Percentage: 31.78%
Pole Position Percentage: 13.08%

Josef Newgarden Net Worth

Josef Newgarden net worth is predicted to be around $15 million as of 2024. All his earnings are, therefore, traceable to his racing career. His numerous achievements, such as two IndyCar Series championships, two Indy 500 wins, and other victories, make him secure a large pool of prize money. Besides, as one of the drivers at the prestigious Team Penske, he is believed to earn a good salary.

However, his agreed endorsements with Shell, Pennzoil, PPG, and Hitachi are other sources of significant revenues within his earnings. Additionally, given that the candidate is very active on social networking sites, this also boosts his marketability and chances of getting other sponsorships.

Josef Newgarden Family

Josef Newgarden father, Brent Newgarden, played a great role in Josef initial stage of racing. Brent socialised his son with motorsports as a hobby from the time he was young. He went on to support Josef karting activities, developing his interest and assisting him as he went through various racing circuits.

Though Tina Newgarden, his mother, is not into the racing business much, Tina’s affection and support have been a strong pillar for Josef. He has a supporter who is proud of his successes and remains a source of inspiration, especially during challenging moments.

Additionally, he has a sibling named Ashlee Newgarden. She is often seen at his races cheering loudly and passionately for her brother’s profession. This connection they have is an evidence that family relationships play crucial roles in the highly demanding atmosphere of professional motorsport.

Josef Newgarden Wife

Josef Newgarden wife is Ashley Welch. They were married in the fall of 2019 in Nashville, Tennessee. Ashley is known for her supportive presence at Josef’s races and her dedication to their family. She often attends his events and cheers him on from the sidelines. The couple welcomed their first child, a son named Kota Nicolai Newgarden, in 2022.

Philanthropy

Josef Newgarden philanthropy efforts primarily focus on two key areas:

SeriousFun Children’s Network

Newgarden serves as a driver ambassador for SeriousFun Children’s Network, a not-for-profit organization of camps and programs worldwide created by the late Paul Newman. It offers equal and accessible opportunities for children with severe illnesses and their families to have fun.

He frequently visits camps, engages with children, and raises funds to support the organization’s goals and objectives. Through his on-track achievements and his annual “Smash for Charity” ping-pong tournament, he has helped raise almost a million for SeriousFun.

Wags & Walks Nashville

It is important to note that Newgarden and his wife got their German Shepherd, Axel, from the Shingles Wags & Walks Nashville, a non-profit organization for dogs that is majorly involved in rescuing and finding homes for dogs in need.

He also donates to this organization and contributes to charitable events for a cause – for instance, Wags & Walks, which aids animals with necessary help and assistance.

In 2023, Newgarden triumphed on the first PeopleReady Force for Good Challenge, for which the driver received $500 thousand; the charity split between SeriousFun Children’s Network and Wags & Walks Nashville.

Josef Newgarden Controversy

Controversy in race star Josef Newgarden relates to the push-to-pass system in the first race of the 2023 IndyCar series at St Petersburg.

Newgarden and his Team Penske teammates Scott McLaughlin and Will Power were using the push-to-pass button during restarts and starts, a relic of the rules.

The push-to-pass system delivers a burst of Power and is usually only permitted for certain parts of the race.

Consequently, Newgarden winning status was nullified, McLaughlin was disqualified from the competition, and Power was penalized with demerit points. The other team associated with the penalty was Team Penske.

Josef Newgarden Social Media

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Josef Newgarden Net Worth 2024: Biodata, Early Life, Career, Social Media

Biodata

Who is Josef Newgarden?