Obtaining the title of “GOAT” is not something a lot of people see in their lifetime, while here we have Richard Joseph Carmichael, commonly known as Ricky a legendary racer in the professional motocross and supercross.
The Greatest Of All Time
Richard has won 15 AMA Motocross and Supercross championships, which also includes a record setting seven AMA Motocross 450cc championships.
It is his brilliance in the sport that has earned him a huge title and great worth too.
Carmichael remains in the motocross industry as an active icon even today, he involves himself in track designs and commentating on supercross broadcasts.
Ricky Carmichael Net Worth Breakdown
In 2025 Ricky’s net worth is estimated to be $25 million. But how did he get there? We will explore his journey from dirt tracks to becoming a motorsports champion.
Career Highlights
🏆150 AMA wins (most in history)
🥇 15 AMA Championships: 10 Motocross + 5 Supercross titles
🏅 2 Perfect Seasons (2002 and 2004) – winning every single race in a season
🥇 Named AMA Rider of the Year five times
These victories are not just his glory saga but actually giant prize money, they are six digit paychecks per race season, and also sponsors offer massive bonuses. At the peak of heights of his career with Honda and Suzuki, he has secured multi-million-dollar contracts. Which made him the one of the highest paid riders in his era.
Ricky was with Honda for an annual income of $4.5 million, including the bonuses. In 2005, he switched to Suzuki for a deal reportedly worth even more.
The real moneymaker is endorsements and sponsorships. The GOAT was a marketing dream in his time, top brands partnered with him throughout his career and also later life.
There were some major sponsors in his career offering him loads of money.
- 🧢 Fox Racing – launched his signature gear line
- 🕶️ Oakley – known for custom RC goggles
- ⚡ Monster Energy – long-time energy drink sponsor
- 🏍️ Suzuki, Kawasaki, and Honda – all of which he raced with
At the peak of his career it is estimated that he earned $4–5 million per year just from endorsements and manufacturer contracts.
In 2007, Carmichael retired from motocross, but that didn’t mean a break in his career, he rebooted his growth by entering stock car racing.
Although his stock car racing wasn’t as glamorous as the motocross, it added to his brand visibility and income.
He raced in NASCAR Truck Series and ARCA Series from 2008–2011.
Business Ventures
ricky ‘s vision was never limited to racing; he was like an eagle with a future vision, and that’s why he was interested in business and investments too.
- Ricky Carmichael University (RCU)
He opened a riding school for amateur and professional motocross athletes. This curriculum gives riders a chance to learn tips, techniques, and drills straight from the pages of the Carmichael training logs
- Track Design & Consulting
Carmichael has helped design Supercross tracks, including the prestigious Daytona Supercross layout.
- Triumph Motorcycles
Became a key figure in developing Triumph’s new off-road motorcycles, including the TF 450-RC, which launched in 2024.
These ventures have added millions to his income stream and also solidified his legacy in the sport’s evolution.
🎯 Ricky Carmichael Net Worth Summary (2025)
| Source | Estimated Earnings |
| Racing Career | $10M+ |
| Endorsements & Sponsors | $12M+ |
| Stock Car Racing | $1M+ |
| Business Ventures | $2M+ |
| Real Estate & Other Assets | $2M+ |
| Total | ~$25 Million |
Fun Facts about Ricky Carmichael
He’s only 5’6″, but his stature in motocross is giant!
Ricky won his first national title at age 16
He’s ambidextrous, giving him better balance on the bike.
His mother, Jeannie Carmichael, was his trainer and a key figure in his discipline and success.
He’s an avid fan of Florida State Seminoles football.
Ricky’s wealth is not just money but a legacy of success and versatile approach to grow. He raced from dust to corporate boardrooms, Ricky remains a giant in motorsports.
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