Kyle Larson Extends Contract With Hendrick Motorsports

Kyle Larson in Victory Lane after his Ally 400 win. Photo: Courtesy of the Nashville Superspeedway

Hendrick Motorsports has extended Kyle Larson‘s contract through 2023 from his original one-year deal. Along with the extension, the HendrickCars.com brand will become the 35-race majority sponsor of Larson and the No. 5 Chevrolet Camaro ZL1 team in both the 2022 and 2023 NASCAR Cup Series seasons.

Larson is currently having one of his best seasons and one of the best of all Hendrick drivers. Larson has five wins this season, including the NASCAR All-Star Race at the Texas Motrspeedway. His most recent win came at the inaugural Ally 400 at the Nashville Superspeedway on June 20, where he dominated the rest of the field and led for 264 of 300 laps.

“When we perform on the track on Sunday, we can feel the impact on Monday,” says Rick Hendrick, chairman and CEO of Hendrick Automotive Group and owner of Hendrick Motorsports. “With the chance to plan for the next two years, the program is only going to help Hendrick Automotive Group sell more cars, book more service appointments and ultimately do more business. It will also allow our company to recruit talented people and support our internal recognition and incentive programs. The more we followed the data, the easier the decision became. We are seeing clear results.”

Five of HendrickCars.com’s six highest-traffic days of the year have been attributed to its sponsorship of the No. 5 team, including four Cup Series race days when Larson led the most laps or won. In February, the reveal of the HendrickCars.com paint scheme drove the site’s highest one-day visitor count in over a year. Since then, it has seen significant increases in overall traffic (up 27%), vehicle sales leads (up 18%), digital retail leads (up 37%), and trade evaluations (up 61%).

“The chance to extend my contract with Hendrick Motorsports and have such an awesome sponsor in HendrickCars.com are things I don’t take for granted,” says Larson. “I feel like I’m driving for the best team and the best sponsors in the sport. To know that our on-track performance is having positive business influence off the track is very important because I want to return the incredible support they’ve given me. Everyone at Hendrick Automotive Group has made me feel like part of their team, and it’s exciting to be able to represent a company that loves racing like I do. I feel like we’re just scratching the surface of what’s possible.”

HendrickCars.com will also sponsor Larson in all non-NASCAR events, including branding on the driver’s helmets, gloves, and firesuits. The 28-year-old native of Elk Grove, California, is a prolific dirt racer who has won 56 times since January 2020 in a variety of cars and series outside of NASCAR. In addition to Larson, HendrickCars.com is the primary sponsor of four-time NHRA champion Greg Anderson.
Steven Boero