Hendrick Motorsports ranked most valuable NASCAR team

The Associated Press• ·
USA TODAY Sports

Forbes has released its list of most valuable teams in NASCAR, and Hendrick Motorsports again ranked highest.

Forbes estimated the worth of the Hendrick team at $350 million, with little competition.

Joe Gibbs Racing ranked second at $225 million, and Stewart-Haas Racing was third at $180 million.

Forbes estimated the top-10 teams in NASCAR are worth an average $137 million, which is down 7 percent from last year. The top-10 teams generated a total of $864 million in revenue and $50 million in profit last season.

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