Gibbs' only business is his race team....and is a four car team. I am not sure why Gibbs would be considered so much better off in a relative sense.Separate the owners from the race teams. Childress has other businesses he makes a living off; I don't know about GIbbs. But personal status aside, I have no doubt the JGR rscing organization has more income and working capital than the RCR team.
Four cars vs. two....29.03 million per car vs. 39.5 million? Looks like Poor Richard is okay. Maybe I am over simplifying this?The following is from sportspro.com
Joe Gibbs Racing (JGR)
≈ $116.09 million in sponsor revenue
Richard Childress Racing (RCR)
≈ $70–75 million
I would have to think this includes the whole organization. There's no was he getting $35 mil a year per cup car and running like that......The following is from sportspro.com
Joe Gibbs Racing (JGR)
≈ $116.09 million in sponsor revenue
Richard Childress Racing (RCR)
≈ $70–75 million
You're overlooking common overhead costs. Those can't be split up evenly on a car-by-car basis. You're also overlooking cash on hand and other liquid capital assets.Four cars vs. two....29.03 million per car vs. 39.5 million? Looks like Poor Richard is okay. Maybe I am over simplifying this?