Ty Gibbs’ Mom, Handling Kyle Busch’s $13 Million Sale, Answers Why the Family Is Selling Their Home

The peak of NASCAR’s popularity was perhaps back in the late 1990s and 2000s when the stalwarts like the Earnhardts, the  Gordons, and the Stewart’s were active in the grid. This led to an increase in the sport’s immense popularity and attracted devoted followers to the stands of the race tracks. In the process, the organizing committees earned a lump sum amount of revenue.

However, in recent times, its popularity has shrunken due to its no-appeal infrastructure to attract young faces with prodigious talents on the tracks. As a result, the young audience turning out on either the stands or the screens during race weekends continues to be poor. However, this doesn’t discount the fact that there still lies a comparatively large loyal fanbase, approximately three million followers. 

Motorsports in any format is physically grueling in nature and requires years of practice and dedication to shine in this field. In addition to it, drivers have chosen this as their profession, knowing the risks it entails while driving at unbelievable speeds. Naturally, NASCAR drivers are remunerated handsomely for their profession. Kyle Busch seemed to have find the balance. 

Kyle Busch is ready to sell off his luxurious property as revealed by Ty Gibbs’ mother

These remunerations are surely generous in nature and have helped the drivers on building multi-million empires. And Kyle Busch’s properties are a testament to that fact. Moreover, he is just steps away from generating a huge revenue as Ty Gibbs’ mother revealed. 

Due to its limited popularity as compared to other major sports events, NASCAR drivers don’t earn as handsomely as players of other sports. While this might be true for majority of drivers, one NASCAR driver who don’t run far behind in the list is Richard Childress Racing’s Kyle Busch.

The two-time Cup Series champion was the highest-paid driver in the year 2020, as revealed by Forbes. His current net worth stands at a whopping $80 million. With such a net worth, the spendings made by the driver are quite luxurious and his mansion at Lake Norman is a testimony to that.

The 15,000 sq ft mansion is nothing less than an architectural marvel, as it boasts an expansive outdoor along with seven rooms that overlook the mesmerizing Lake Norman. Kyle Busch had purchased this property back in 2012, for $7.5 million. 

After living there for over a decade, the Busch family is ready to sell this property which has been listed at $13 million dollar, a little less than double the original price of the property which Kyle Busch had purchased.

Aiding the family to sell the property, is Ty Gibbs’ mother, Heather Gibbs, a representative of Corcoran HM Properties. Revealing the reason behind the selling of the property, she said, “There’s no real personal reason. They have just taken care of it to the highest level,” she added.

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The secret behind Busch’s Fortune

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Kyle Busch’s secret behind such a wealthy fortune is directly proportional to the number of wins in the races. To date, he has 63 wins to his resume along with two Cup Series championships to his name. The more he wins, the higher the amount of cash prize he is entitled to. Apart from this, he also earns from various endorsements.

Very few other drivers have created such an important track record. It seems that the driver is racing at his full capacity in the ongoing season, as he has already secured three victories, the last one being at St.Louis. While the majority of drivers struggled with brake rotor failures, he went on to win after holding off Denny Hamlin and Joey Logano during the overtime.

Well, the question remains… Will he be able to continue with this impressive track record and clinch his third title? Or will it be another driver who overtakes him in the position?

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