Matt Hagan Net Worth is around $15 million as of 2025. He is well known successful professional drag driver in the NHRA Funny Car series. People are very interested in talking about his net worth and financial journey because of his long and successful career, which includes many championships and other big wins. Knowing about the money matters of famous people like Hagan can help you understand how their jobs, endorsements, businesses, and decisions about how to live their lives make them rich. This article goes into great depth about Matt Hagan’s career earnings, endorsements, business involvements, lifestyle, and net worth.
Social Profiles
Quick Bio
| Attribute | Details |
|---|---|
| Full Name | Matt Hagan |
| Date of Birth | November 18, 1982 |
| Birthplace | Christiansburg, Virginia, USA |
| Nationality | American |
| Height | 6’0″ |
| Weight | 197 lbs |
| NHRA Debut | 2009 |
| Current Team | Tony Stewart Racing |
| Car Number | 14FC |
| Engine | Dodge Mopar Hemi |
| Crew Chief | Dickie Venables |
| Former Teams | Don Schumacher Racing |
| NHRA Funny Car Titles | 4 (2011, 2014, 2020, 2023) |
| Career Wins | 49+ |
| Career Final Rounds | 87+ |
| Fastest Lap | 3.799 seconds @ 338.77 MPH |
| Residence | Christiansburg, Virginia |
| Business Ventures | Hagan Cattle Company, TruHarvest (CBD) |
| Family | Wife: Rachel; Children: Penny, Colby Matthew, Tucker |
| Hobbies | Farming, hunting, fishing, family time |
Who is Matt Hagan?
He was born in Christiansburg, Virginia, on November 18, 1982. He became interested in motorsports at a young age, which led him to become a skilled drag racer. Hagan first raced in an NHRA Funny Car in 2009. Because he was skilled and liked competing, he quickly moved up the ranks. He has a strong work ethic and a great love for racing, which helped him become one of the best drivers in the sport.
Matt Hagan’s Career Journey
Hagan’s NHRA Funny Car career has been marked by many important events and impressive accomplishments. In 2011, 2014, 2020, and 2023, he won four NHRA Funny Car World Championships. During his career, he won 49 events and made it to the final round 87 times. In 2017, Hagan set the Funny Car marks for both the longest time driven and the fastest speed. His pass took 3.799 seconds and went 338.77 mph. He is a big name in professional drag racing because he always does well and can fight at the highest level. He is a respected member of the motorsports business and drives for Tony Stewart Racing right now.
Sources of Income Contributing to Matt Hagan Net Worth
NHRA Career Earnings
Hagan’s main source of income comes from his NHRA racing job, which includes his salary, race winnings, and prize money. His consistent play and multiple championships have made sure that he makes a lot of money from the sport.
Brand Endorsements & Sponsorships
Hagan works with well-known names like Pennzoil, Mopar, Dodge, and more. A lot of his money comes from sponsorship deals, which give him money and chances to promote himself. In 2024, American Rebel Light Beer became the main sponsor of his Tony Stewart Racing Funny Car, which raised his reputation even more in the business world./;;;
Business Ventures & Investments
Hagan also owns and runs the Hagan Cattle Company, a large farming and cattle business on his more than 3,000-acre land in Southwest Virginia. Along with his other businesses, like TruHarvest (a CBD company), this one helps him make a lot of different kinds of money. Because he works directly with the farming, it adds another part to his business success. These businesses give him long-term financial security after he stops racing.
Media Appearances & Merchandising
Hagan makes extra money through stuff sales, talks with the media, and racing features. His fame as a racing star gets the media’s attention and gets fans involved, which helps with his racing brand merchandise.
Estimated Matt Hagan Net Worth in 2024
Matt Hagan’s net worth is thought to be around $15 million as of 2025. This number shows how much he has made from his time in the NHRA, advertising, business ventures, and investments. His wealth has grown steadily every year, thanks in large part to big race wins and lucrative advertising deals.
Assets, way of life, and spending habits
Hagan lives a luxurious life that shows how wealthy he is. He owns land and buildings that are related to farming and running his business. His collection has high-end cars and racing-related items, like his powerful Dodge Charger SRT Hellcat Funny Car. He manages a big cattle operation and grows hemp on his 3,400-acre property as part of his farming lifestyle. Hagan is also involved in charity and donates to good causes, which shows that he wants to give back.
Assets, Lifestyle & Spending Habits
When compared to friends like John Force and Ron Capps, Hagan stands out for his financial success relative to his age and accomplishments. John Force is a famous figure who has made a lot of money over the years. Hagan, on the other hand, is one of the highest-paid NHRA drivers with a $15 million net worth. His many business and income streams make him more respected in the drag racing world.
Personal Life
Matt Hagan’s personal life is closely intertwined with his roots in Christiansburg, Virginia, where he continues to reside. He is married to his wife Rachel, and together they have three children: Penny, Colby Matthew, and Tucker. Family plays a central role in Hagan’s life, and he often shares his passion for farming, hunting, and fishing with them.
Away from the racetrack, Matt embraces a farming lifestyle, managing the Hagan Cattle Company, an extensive agricultural operation on over 3,400 acres, which includes cattle ranching and hemp production. This balance between high-speed racing and life on the farm reflects his grounded and multifaceted personality.
Hagan is also recognized for his community involvement and philanthropy, supporting charitable causes and contributing to his local community. His personal interests, combined with his professional success, paint the picture of a well-rounded individual who values family, entrepreneurship, and giving back.
Comparison With Other NHRA Drivers
Hagan has dealt with the usual problems that come up in high-risk motorsports, such as injuries and problems in his work. Specifics about his injuries are not widely known, but his toughness and ability to heal and keep up his high level of performance have been key to his long and successful career.
Future Prospects of Matt Hagan’s Net Worth
Matt Hagan will continue to be able to make a lot of money in the future thanks to upcoming NHRA seasons and partnerships. His businesses, especially those that deal with farming and CBD goods, are set to grow, which will give him more ways to increase his net worth. His financial future is good because he is continuing to have success and starting more businesses.
FAQs
What does Matt Hagan do?
Matt Hagan is a professional speed racer in an NHRA Funny Car. He is from Christiansburg, Virginia. He has won the NHRA Funny Car World Championship four times, in 2011, 2014, 2020, and 2023, driving the Dodge Power Brokers Funny Car for Tony Stewart Racing.
When did Matt Hagan’s drive in an NHRA Funny Car begin?
In 2009, Matt Hagan raced his first NHRA Funny Car.
When did Matt Hagan win his first NHRA Funny Car title?
He’s won four NHRA Funny Car World Championships.
What are some of the best parts of Matt Hagan’s career?
He has won more than 49 events and made it to more than 87 finals. He also set the Funny Car record for the longest time in a race, which was 3.799 seconds at 338.77 mph, at Lucas Oil Raceway in 2017.
Which teams has Matt Hagan driven for?
Matt used to drive for Don Schumacher Racing and now drives for Tony Stewart Racing.
What does Matt Hagan do for a living besides racing?
Matt owns Hagan stock Company, a big farming and stock business. He also works with TruHarvest, a CBD company.
What brands pay Matt Hagan to play?
Mopar, Dodge, Pennzoil, and American Rebel Light Beer are some of the well-known companies that support him.
Conclusion
Matt Hagan story shows how athletic achievement and an entrepreneurial spirit can work together well. As a four-time NHRA Funny Car World Champion, his driving accomplishments have made him one of the best drivers in the sport. Hagan has many ways to make money outside of racing. He owns a big cattle business and has lucrative sponsorships with well-known brands. This shows how smart he is at building long-term wealth. His lifestyle, which includes both high-speed racing and practical farming work, shows that he is on a balanced and smart financial path. Matt Hagan’s net worth and impact are likely to continue growing as long as he continues to do well in racing and as his business interests grow. His story is a powerful example of how hard work, flexibility, and smart money choices can lead to long-term success on and off the racecourse.
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