Wednesday, June 18, 2008
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Hendrick, Roush Fenway most valuable NASCAR teams

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[June 18, 2008]  NEW YORK (AP) -- Hendrick Motorsports has passed Roush Fenway Racing as the most valuable team in NASCAR, according to Forbes' annual rankings.

Hendrick is valued at $335 million, Forbes announced Tuesday. Roush Fenway, which topped the list in the first two years of the rankings, is second at $313 million.

Joe Gibbs Racing ($184 million), Gillett Evernham Motorsports ($150 million) and Richard Childress Racing ($130 million) round out the top 5.

Three Hendrick drivers top Forbes' list of the highest-paid drivers. Jeff Gordon ($32 million) narrowly edged Dale Earnhardt Jr. ($31 million). Jimmie Johnson ($23 million) is third, followed by Tony Stewart ($19 million), who races for Gibbs.

[Associated Press]

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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