Daytona 500 purse, payout breakdown: How much prize money will the winner make in 2024?

The NASCAR Cup Series season again begins with a bang, as the Daytona 500 will officially start the year off on Sunday.

Winning the Great American Race is one of the premier accomplishments a driver can achieve in his career, and some of the biggest names in racing have a win at Daytona under their belt. 

In recent years, though, it’s been first-time winners who have made the greatest impact. Each of the past three Daytona 500 champions celebrated their first time winning the race, with Ricky Stenhouse Jr. claiming his first Daytona 500 victory a year ago.

Will experience win out in 2024, or will another first-timer claim the prize? Here’s what you need to know about the Daytona 500 purse and prize breakdown. 

MORE: Full 2024 NASCAR Cup Series schedule

What is the Daytona 500 purse for 2024?

Fox Sports’ Bob Pockrass reported that the total purse for the 2024 Daytona 500 is $28,035,991. That’s up by more than $1 million from 2023, when the purse was $26,934,357.

This is the second consecutive year in which the Daytona 500 purse has been publicly reported. Figures weren’t made available for 2021 or ’22, but the purse was $23.6 million in ’20 when the race was held weeks before the COVID-19 pandemic put the NASCAR Cup Series season on hold.

The Daytona 500 purse has risen by more than $10 million since 2015 when it was only $18 million, and the jump from last year’s figure continues the upward trend. 

MORE: How Daytona 500 qualifying works

How much money does a driver get for winning the Daytona 500?

The money allocated for the winner of the Daytona 500 is far less clear than the overall purse. NASCAR stopped disclosing the winner’s prize after 2015 when Joey Logano walked away with $1.58 million.

Pockrass reported in 2023 that the winner was likely to get somewhere between $1.5 million and $2 million, noting that a portion of the purse goes to the Cup Series’ 36 charter teams.

While the winner will only receive a small portion of the more than $28 million purse, it will certainly be a meaningful prize along with the prestige that comes with winning the Daytona 500. 

List of Daytona 500 winners

Year   Car No. Driver Team Manufacturer
1959   42 Lee Petty Petty Enterprises Oldsmobile
1960   27 Junior Johnson John Masoni Chevrolet
1961   20 Marvin Panch Smokey Yunick Pontiac
1962   22 Fireball Roberts Jim Stephens Pontiac
1963   21 Tiny Lund Wood Brothers Racing Ford
1964   43 Richard Petty Petty Enterprises (2) Plymouth
1965   28 Fred Lorenzen Holman-Moody Ford
1966   43 Richard Petty (2) Petty Enterprises (3) Plymouth
1967   11 Mario Andretti† Holman-Moody (2) Ford
1968   21 Cale Yarborough Wood Brothers Racing (2) Mercury
1969   98 LeeRoy Yarbrough Junior Johnson & Associates Ford
1970   40 Pete Hamilton Petty Enterprises (4) Plymouth
1971   43 Richard Petty (3) Petty Enterprises (5) Plymouth
1972   21 A. J. Foyt Wood Brothers Racing (3) Mercury
1973   43 Richard Petty (4) Petty Enterprises (6) Dodge
1974   43 Richard Petty (5) Petty Enterprises (7) Dodge
1975   72 Benny Parsons L.G. DeWitt Chevrolet
1976   21 David Pearson Wood Brothers Racing (4) Mercury
1977   11 Cale Yarborough (2) Junior Johnson & Associates (2) Chevrolet
1978   15 Bobby Allison Bud Moore Engineering Ford
1979   43 Richard Petty (6) Petty Enterprises (8) Oldsmobile
1980   28 Buddy Baker Ranier-Lundy Oldsmobile
1981   43 Richard Petty (7) Petty Enterprises (9) Buick
1982   88 Bobby Allison (2) DiGard Motorsports Buick
1983   28 Cale Yarborough (3) Ranier-Lundy (2) Pontiac
1984   28 Cale Yarborough (4) Ranier-Lundy (3) Chevrolet
1985   9 Bill Elliott Melling Racing Ford
1986   5 Geoffrey Bodine Hendrick Motorsports Chevrolet
1987   9 Bill Elliott (2) Melling Racing (2) Ford
1988   12 Bobby Allison (3) Stavola Brothers Racing Buick
1989   17 Darrell Waltrip Hendrick Motorsports (2) Chevrolet
1990   10 Derrike Cope Whitcomb Racing Chevrolet
1991   4 Ernie Irvan Morgan-McClure Motorsports Chevrolet
1992   28 Davey Allison Robert Yates Racing Ford
1993   18 Dale Jarrett Joe Gibbs Racing Chevrolet
1994   4 Sterling Marlin Morgan-McClure Motorsports (2) Chevrolet
1995   4 Sterling Marlin (2) Morgan-McClure Motorsports (3) Chevrolet
1996   88 Dale Jarrett (2) Robert Yates Racing (2) Ford
1997   24 Jeff Gordon Hendrick Motorsports (3) Chevrolet
1998   3 Dale Earnhardt Richard Childress Racing Chevrolet
1999   24 Jeff Gordon (2) Hendrick Motorsports (4) Chevrolet
2000   88 Dale Jarrett (3) Robert Yates Racing (3) Ford
2001   15 Michael Waltrip Dale Earnhardt, Inc. Chevrolet
2002   22 Ward Burton Bill Davis Racing Dodge
2003   15 Michael Waltrip (2) Dale Earnhardt, Inc. (2) Chevrolet
2004   8 Dale Earnhardt Jr. Dale Earnhardt, Inc. (3) Chevrolet
2005   24 Jeff Gordon (3) Hendrick Motorsports (5) Chevrolet
2006   48 Jimmie Johnson Hendrick Motorsports (6) Chevrolet
2007   29 Kevin Harvick Richard Childress Racing (2) Chevrolet
2008   12 Ryan Newman Penske Racing Dodge
2009   17 Matt Kenseth Roush Fenway Racing Ford
2010   1 Jamie McMurray Earnhardt Ganassi Racing Chevrolet
2011   21 Trevor Bayne Wood Brothers Racing (5) Ford
2012   17 Matt Kenseth (2) Roush Fenway Racing (2) Ford
2013   48 Jimmie Johnson (2) Hendrick Motorsports (7) Chevrolet
2014   88 Dale Earnhardt Jr. (2) Hendrick Motorsports (8) Chevrolet
2015   22 Joey Logano Team Penske (2) Ford
2016   11 Denny Hamlin Joe Gibbs Racing (2) Toyota
2017   41 Kurt Busch Stewart-Haas Racing Ford
2018   3 Austin Dillon Richard Childress Racing (3) Chevrolet
2019   11 Denny Hamlin (2) Joe Gibbs Racing (3) Toyota
2020   11 Denny Hamlin (3) Joe Gibbs Racing (4) Toyota
2021   34 Michael McDowell Front Row Motorsports Ford
2022   2 Austin Cindric Team Penske (3) Ford
2023   47 Ricky Stenhouse Jr. JTG Daugherty Chevrolet

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