Born Paul Anthony Tracy on the 17th December 1968, in Scarborough, Toronto, Ontario Canada, Paul is a retired professional race-car driver who competed in such championships as CART, the Champ Car World Series, and the IndyCar Series. During his career, Paul got the nickname “the thrill from West Hill”. Paul’s career started in the mid- ‘80s and ended in 2012.
Have you ever wondered how rich Paul Tracy is, as of mid- 2017? According to authoritative sources, it has been estimated that Tracy’s net worth is as high as $20 million, an amount earned through his successful career as a race-car driver.
Paul Tracy Net Worth $20 Million
From an early age Paul was fascinated by racing cars, and in his early teens started racing go-karts at Goodwood Kartways. When he turned 16, he won the Canadian Formula Ford Championship, becoming the youngest ever to achieve such a feat. The following year, he won a Can-Am race, also becoming the youngest winner in the Can-Am history.
After that he spent several seasons building his name in North American open-wheel feeder series’, and after a few unsuccessful seasons, he won the American Racing Series Championship in 1990, actually winning a record nine races..
From 1991 until 2007 he competed in the Champ Car series, for several teams; he firstly joined Team Penske as a test driver, but then in his first race he broke his leg, and raced in only two more events to the end of the season. During the 1992 season he served as a replacement for Rick Mears, who was often injured, and then at the end of the season, Mears announced his retirement, which saw paul promoted to a full-time position at Team Penske. He drove for Penske until 1995, pretty much successfully, however, he still changedto the team Newman/Haas Racing in 1995, but returned to Penske Racing in 1996, and had three successful seasons, before leaving again, this time for Team Green. Unfortunately, his form began to decline and he finished only in 13th place, however, he made a strong comeback in 1999, although he was excluded from the first race of the season, due to his altercations with CART officials. He ended in 3rd place in the championship, winning two races during the course of the season, while he also had seven podium finishes. He continued in the same way the next year, winning three races, which was enough for him to obtain fifth place in the championship, which only further increased his wealth, but the two years that followed were the worst in Paul’s career, as he finished 14th and 11th in the championship.
In 2003 he joined Forsythe/Pettit Racing, which turned out to be a smart move. He had his best season as he won seven events, including the first three races of the season, and eventually won the championship, which added a significant amount to his wealth. After that, his team went in to sponsorship troubles, which certainly affected the quality of his car, and as a result, he finished fourth in the championship during the 2004 season. The following year, Paul was good enough to lead the series after only five races, but Paul then ran out of luck and several crashes caused him to fall down to fourth position at the end of the season. He raced for Forsythe team until 2007, when Champ Car folded.
From then until the end of his career, Paul competed in the IndyCar Series, Grand-Am Rolex Sports Car Series, and also Busch Series in 2006 and 2007, but without any major success.
After retirement, Paul started a motorcycle parts company called Black Label Baggers, while he has also invested in Arma Energy SNX. This has also increased his wealth.
Regarding his personal life, Paul has been married to Patty since 2005; the couple has two children together.
