Matt Hagan Net Worth 2026: Income, Wins, And Assets
Matt Hagan Net Worth insights covering his NHRA earnings, sponsorship deals, and off-track businesses in 2026.
Apr 28, 202640 Shares5.7K Views
Matt Hagan was born on November 18, 1982, in Salem, Virginia. He is the son of David Hagan, a Virginia businessman and auto dealer, and his wife. His father co-owns local car dealerships (Shelor Motors/Motor Mile) as well as Motor Mile Speedway, and the family has deep roots in Montgomery County, Virginia.
Hagan grew up on his family’s 500-acre cattle ranch near Christiansburg in Montgomery County. He was raised tending Angus cattle on the farm, reflecting a traditional rural upbringing. He has said that his childhood emphasized hard work and discipline—values instilled in him by his parents. In interviews, Hagan has described growing up “surrounded by love, discipline, and strong work ethics.”
It is known that he grew up in the Salem/Christiansburg area, but records of his schooling have not been published. From an early age, he developed an interest in motorsports. A family friend, Kenny Page, took him to the drag strip as a boy and allowed him to assist with race cars an experience Hagan recalls with great excitement. As a youth, he also raced four-wheelers and even tried local stock car events, although it was the drag strip that truly captivated him.
| Fact | Details |
| Full Name | Matt Hagan |
| Birth Date | Nov 18, 1982 |
| Birthplace | Salem, Virginia, USA |
| Matt Hagan Net Worth (2026) | Not publicly disclosed |
| Profession | NHRA Funny Car Driver |
| Team | Tony Stewart Racing |
| Championships | 4 (2011, 2014, 2020, 2023) |
| Career Wins | 56 NHRA wins |
| Income Sources | Racing, sponsors, business |
| Other Work | Ranching, apparel, hemp |
Early Career And Entry Into Drag Racing
Matt Hagan entered professional drag racing via the NHRA’s sportsman and Pro Mod ranks. He earned NHRA AMS Pro Mod Challenge Rookie of the Year honors in 2006, driving a twin-turbo Pro Modified car. In 2008 Hagan began racing full-size nitro Funny Cars; he ran a partial NHRA Funny Car schedule that year (four events) and even qualified No. 1 at Indianapolis. That performance earned him a full-time NHRA Funny Car ride in 2009. During this period he also campaigned his own car in IHRA Funny Car events, collecting three wins in 2008.
Matt Hagan’s Rise In NHRA Funny Car Racing
Hagan quickly established himself as a contender in the Funny Car category. In his rookie NHRA season (2009) he ran consistently with Don Schumacher Racing (DSR) and earned early final-round appearances. He broke out in 2010 with his first NHRA national event victory – winning the Spring Nationals in Houston – and finished strong in the points. By 2011 he became a title contender: at the Charlotte (zMax Dragway) Nationals that year he set new Funny Car records (breaking the 4.00-second barrier with a 3.995 ET and a 322+ mph speed). He parlayed that speed into his first world championship at the end of the 2011 season, capturing the NHRA Funny Car title in only his third full season.
Championship Wins And Career Breakthrough Moments
Hagan has won four NHRA Funny Car world championships. After his breakthrough title in 2011 (his first championship), he claimed a second championship in 2014. At the 2014 season finale in Pomona, Calif., Hagan beat veteran John Force in the final round, clinching the 2014 Funny Car crown for Don Schumacher Racing. He collected four event wins that year to secure the championship.
In the COVID-shortened 2020 season, Hagan and crew chief Dickie Venables maximized consistency to earn a third championship. He won three of the 11 tour events that year, hoisting his third career title at the NHRA Finals in Las Vegas. Hagan’s fourth championship came in 2023 driving for Tony Stewart Racing. In a dramatic season finale at Pomona, he finished ahead in points to clinch the title – making him only the fourth Funny Car driver ever to win four world championships.
Career Growth With Top Racing Teams
Hagan spent the bulk of his career driving for Don Schumacher Racing, representing the Mopar/Dodge Funny Car program. During his DSR tenure he won numerous events (including 14 wins in 2014 alone) and earned his first three championships (2011, 2014, 2020). In late 2021 it was announced that Hagan would join Tony Stewart Racing (TSR) for the 2022 season.
Since TSR’s launch in 2022, Hagan has been the team’s Funny Car driver, piloting the Direct Connection Dodge//SRT Hellcat. He has been highly successful at TSR: by 2025 he had captured 14 of the team’s 19 Funny Car wins and led TSR to its first Funny Car championship in 2023. Hagan continues to drive for TSR under a multi-year contract extension signed in 2025.
Major Career Milestones And Records In NHRA
Hagan’s career is marked by record-setting performances. In 2011 he became the first Funny Car driver to run under 4 seconds in NHRA competition (a 3.995 ET at Charlotte). He later set the official track record at the U.S. Nationals in 2017 with a 3.799-second elapsed time and 338.77 mph top speed – breaking both speed and ET records for Funny Car at Lucas Oil Raceway.
By April 2026 Hagan had amassed 56 NHRA national event wins and 98 final-round appearances, ranks that place him among the sport’s all-time leaders. He has also earned 54 No. 1 qualifiers in Funny Car. His four world titles put him in rare company: only John Force (16 championships), Kenny Bernstein (4), and Don Prudhomme (4) share four or more Funny Car titles with Hagan.
Matt Hagan’s Racing Style And Competitive Strengths
Hagan is known for his combination of raw power and mental focus. A physically strong athlete, he is nicknamed “Hulk Hagan” on track. He and his team prepare elite cars; for example, his crew chiefs have included Tommy DeLago (DSR) and, at TSR, Mike Knudsen and Phil Shuler. Hagan credits experience and a focused mentality for his success. He has spoken about learning to embrace pressure and sharpen his concentration in final rounds.
Over his career he has become known for precise reaction times and consistent runs in elimination rounds. His championship seasons (such as 2020) were built on rarely losing rounds: in 2020 he only lost once before the first round of the Countdown, running in the 3.7–3.8 second range in nearly every pass. His ability to deliver rapid, repeatable runs under pressure has been a hallmark of his competitive strength.
Career Legacy And Impact In Drag Racing
Matt Hagan’s career has solidified his reputation as one of drag racing’s modern stars. With four Funny Car championships and over fifty national event wins, he stands as a leading figure in NHRA history. Industry observers note his role in advancing the Dodge/Mopar drag racing program: Dodge’s motorsports leadership has called him “the ultimate Dodge ambassador” for winning all his titles in a Mopar Dodge Funny Car. His successes helped sustain a championship pedigree for Team Mopar and brought national attention to Tony Stewart Racing in drag racing.
Hagan’s consistent presence near the top of the Funny Car standings over nearly two decades has influenced teammates and competitors alike. He joins a small list of multi-time Funny Car champions (Force, Bernstein, Prudhomme) and is regarded for demonstrating that a driver can excel by combining athletic training with technical skill and strategic acumen.
Current Work, Recent Races, And Professional Activities
In recent seasons Hagan has continued to race full-time in the NHRA Mission Foods Drag Racing Series for Tony Stewart Racing. In 2023 he delivered TSR’s first Funny Car championship. In 2025 he signed a multi-year contract extension with TSR to remain their Dodge Funny Car driver. He remained one of the championship contenders into 2026. At the 2026 NHRA Winternationals in Pomona he won the Funny Car event – the 1,000th Funny Car race in NHRA history – defeating veteran Ron Capps in the final round.
That Pomona victory marked Hagan’s first win of the 2026 season and the 56th of his career. Throughout 2021–2026 he has maintained a top position in season points and regularly qualified near the top of the field. His current crew (as of 2025–26) includes lead crew chief Mike Knudsen. Off-track, Hagan remains an influential figure within the Tony Stewart Racing organization and continues to represent Dodge in NHRA competition.
Matt Hagan Net Worth
As of 2026, Matt Hagan’s net worth is not publicly disclosed, and no figure has been officially verified by major financial authorities. He earns income as a professional NHRA Funny Car driver, including race prize money for example, approximately $400,000 for his 2023 Funny Car championship as well as through his contract with Tony Stewart Racing.
He competes in a Dodge//SRT Hellcat Funny Car with factory backing from Dodge/Mopar, and his sponsors include Johnson’s Horsepowered Garage and American Rebel Beer. In addition to racing, he operates a Western apparel and gear store, manages an Angus cattle ranch, and cultivates industrial hemp on his Virginia farm. Specific details about his salary or total earnings remain undisclosed.
FAQs
1. What Racing Series Does Matt Hagan Compete In?
Matt Hagan competes in the NHRA Mission Foods Drag Racing Series as a Funny Car driver. He currently races for Tony Stewart Racing.
2. When Did Matt Hagan Start His NHRA Funny Car Career?
He began racing full-time in NHRA Funny Car competition in 2009. His early performance quickly established him as a competitive driver in the category.
3. What Is Matt Hagan’s Fastest Recorded Run?
His career-best elapsed time is 3.799 seconds, with a top speed of about 338.85 mph. These figures place him among the fastest Funny Car drivers in NHRA history.
4. What Major Milestone Did Matt Hagan Achieve In 2026?
In 2026, he won the 1,000th Funny Car race in NHRA history at the Winternationals. This milestone is considered one of the most significant achievements in the sport.
5. Which Team Did Matt Hagan Join In 2022?
He joined Tony Stewart Racing in 2022 as its Funny Car driver. The move followed a long tenure with Don Schumacher Racing.
Latest Articles
Popular Articles