Scott Bloomquist, one of the tallest figures in Dirt Super Late Model history, reportedly amassed a net worth in millions from his remarkable career as a racer and investor in numerous business ventures.
Well, Bloomquist’s racing career started in 1980, and his early success was at Corona Raceway and Chula Vista Speedway. In the early decade of his career, he had already won Eldora Speedway’s World 100, which brought him more money and luck.
The racer earned a substantial income from racing. He had won giant races like Dream in 2006, Topless 100, Srorcher 100, Racefest, Dixie shootout, and Cedar Lake Nationals, which included huge sums of money as a reward.
Similarly, he was inducted into the National Dirt Late Model Hall of Fame in 2002 for his contributions to the industry. His performance in the Lucas Oil Mate Model Dirt series was exceptional. His 2003, 2004, 2009, and 2016 championships significantly contributed to his earnings.
A breakdown of the racing money and business ventures shows he was living an affluent life from his career earnings!
The net worth of Scott Bloomquist can be roughly estimated based on his total income from dirt racing, Team Zero Cars, NASCAR, and other ventures.
Since the beginning of his career, he has collected several accolades and rewards as a racer. However, 2006 to 2010 remained his peak years. He won $100,000 from 2006 Dream Racing, $50,000 from Cedar Lake Nationals, $45,000 from Topless 100, and $20,000 each from Scorcher and Racefast.
Likewise, in 2010, he reportedly earned over $242,000 from various races. He has also utilized this amount to invest in various other business ventures. So, his total racing earnings are around $10 million to $15 million.
In addition, Bloomquist founded a company called Team Zero, where he designed chassis and sold them to racing enthusiasts. He also partnered with Randy Sweet from 2014 to 2019 for this project.
Although exact statistics are difficult to determine, money from chassis sales and design services might have contributed $5-$7 million to his net worth. The venture was still very active through his store, Scott Bloomquist Racing.
Likewise, Bloomquist made his NASCAR debut in 2013 at Eldora Speedway’s Midsummer Classic. He didn’t receive any financial gain. However, this helped him gain more recognition, inviting more opportunities and endeavors and assisting him in adding more money to his bank account.
Likewise, the racer had a big family home with a farm in Tennessee, where he lost his life at age 60. He also had a private plane. Well, considering all this, it appears pretty safe that Scoot Bloomquist was a multimillionaire with a net worth of over $15 million.
Additional Information
- Scott Bloomquist was born on November 14, 1963, in Fort Dodge, Iowa, USA. He had a happy family of three, with his wife, Katrina Rouse Bloomquist, and daughter, Ariel Rouse Bloomquist.
- Bloomquist’s merch under his brand includes apparel like T-shirts, hats, hoodies, cups, shoes, slippers, racing gear, and collectibles featuring his iconic designs.
- The racer was the sole fatality in the crash of a single-engine vintage plane on the Bloomquist family farm in Tennessee. He was 60 at the time of passing.