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Tyler Reddick is close to a long-term contract extension with 23XI Racing, potentially earning around $7 million annually. This deal would keep him in the No. 45 car for the 2027 NASCAR season.
Tyler Reddick is likely not going anywhere for the 2027 NASCAR season. Reddick and 23XI Racing are close to a long-term contract extension that would keep him in the No. 45 car for a long time. However, the driver of the No. 45 car could be due for a pay raise, and a potential number has been revealed.
Industry executives have speculated that Reddick could put him into the range of a $7 million annual salary in a new contract with 23XI Racing, as reported by the Sports Business Journal's Adam Stern. Since NASCAR organizations don't have to make driver contracts public, it is unclear how much Reddick earns right now.
For example, Denny Hamlin confirmed that he makes around $14 million annually as a driver for Joe Gibbs Racing. It is unclear where that ranks in NASCAR, but he is likely one of the top drivers in that category. Reddick seems likely to return to 23XI Racing, and he could be earning around $7 million per season to stay in his ride. Why Kyle Busch should find a new NASCAR Cup Series team for 2026
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This article originally appeared on Motorsports Wire: Tyler Reddick's potential new annual salary with 23XI Racing revealed
Tyler Reddick's potential new salary with 23XI Racing could be around $7 million annually.
Tyler Reddick's contract extension with 23XI Racing is expected to be finalized soon, keeping him with the team for the 2027 NASCAR season.
Denny Hamlin confirmed he makes around $14 million annually, making Reddick's potential $7 million salary significantly lower.

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