Trevor Bayne Earns $1.46 Million With Daytona 500 Win; Revives Wood Brothers Racing

Trevor Bayne made a lot of people happy on Sunday as he took home the $1.46 million prize for winning the Daytona 500, all at 20 years old. Bayne, who's about as green as they come in the world of NASCAR, is seeing green for a different reason after the big payday as he suddenly was thrust into the spotlight with a win in the biggest race of them all in only his second career start.

Though he won't be taking home the full-share of that $1.46 million, Bayne is still in line to see a significant financial windfall. According to SB Nation's Jeff Gluck, Bayne likely pocketed around $480,000, with his team divvying up the rest as is customary in NASCAR. For a Wood Brothers Racing Team that wasn't even full-time, Bayne's win should go a long way toward boosting the team back into full-time racing.

Gluck also had the story of Wood Brothers Racing, who have a story just as great as Bayne. The team is one of NASCAR's oldest, but had to cut back to a partial schedule in 2009 after its finances declined. The win was Wood Brothers' fifth in the Daytona 500, and first since 1976, a long draught, to be sure. Now, with the bulk of Bayne's purse in their pockets, it's possible Wood Brothers, and Bayne himself, can afford to take-on a few more races, perhaps resurrecting the team.

In one day, with a greenhorn behind the wheel, Wood Brothers hit the jackpot. For Bayne, his short-term financial future is secure, even before endorsements come rolling in. It's amazing how everything can change in the matter of hours as a relative unknown shoots into the spotlight on NASCAR's biggest stage.

For more on the race, check out our Daytona 500 StoryStream.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join SB Nation Seattle

You must be a member of SB Nation Seattle to participate.

We have our own Community Guidelines at SB Nation Seattle. You should read them.

Join SB Nation Seattle

You must be a member of SB Nation Seattle to participate.

We have our own Community Guidelines at SB Nation Seattle. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.