Don Schumacher Net Worth

Don Schumacher is a famous drag racer and a businessman who is probably famous for serving for eleven years in the drag racing world.

Early Life

Don Schumacher Net Worth

Don Schumacher was born in the year 1944 in Grand Rapids, MI. Presently his residence is Park Ridge, IL. Name of his spouse is Sarah and the names of his children are Tara, Samantha, Anthony, and Megan. It is known that his hobbies are fishing, family, golf and hunting.

The racer continues to live through the motto which made him a popular as a racer, entrepreneur and team owner. He, his stepdaughter named Megan and his wife named Sarah, stays in Park Ridge, Ill.

Career

During the initial phase of his career, Don Schumacher had no intention of coming back to drag racing while he left this sport during the year 1974 for focusing on his young family and growing Schumacher Electric Corporation around his native of Chicago.

By then, the racer has now impressed a niche in the increasing form of motorsports being a forerunner in the marketing s well as safety of the latest Funny Car drag racing class by contending around year-round all over the country through effort on guaranteed-pay match races.

After a break of 23 years from racing, he came back along with his son named Tony Schumacher and also started making what has now turned as a drag racing dynasty.

He is identified as the eleventh member of the drag racing community to be preserved in the Hall right from its launch during the year 1990 at Talladega Superspeedway within Alabama.

It is found that his complete body of work in the field of drag racing received his selection on the initial ballot by an international board of motorsports journalists.

Moreover, he gave mantra as a businessman and a racer and, who made Schumacher Electric to the leading manufacturer of battery chargers of the world and the mantra stayed consistent. The mantra is, the harder you work, the more fortunate you get.

Apart from that, he too directed the development of Don Schumacher Racing as well as Don Schumacher Motorsports, DSR’s manufacturing division, to chief expansions during 2016.

Awards & Achievements:

In the year 2015, Mopar Mile-High NHRA Nationals at Bandimere Speedway around Denver, Don Schumacher got honoured by the “Mopar President’s Award”. This was basically special respect to pay for the exceptional contributions through a brand representative who maintains the merits and standards that supplement to Mopar’s reputation.

After a span of two months, he got inducted to the Maple Grove Raceway Walk of Fame near Reading, Pa.

Net Worth & Salary of Don Schumacher

The estimated net worth of Don Schumacher is approximately $350 Million. His major source of income has been his earnings made from his career as an entrepreneur and drag racer.

He started drag racing during the era of the early 60s, and soon he got fame for himself by his great pit team and a superb team which he managed very carefully.

He served for eleven years in the field of drag racing, so his earning is in millions and post that he left it for managing the business of his father, i.e. Schumacher Electric, within Chicago.

Moreover, he developed this company from 400 employees to around 2000, and also it is presently the biggest manufacturer of chargers all over the world. During the era of the mid-90s, the racer came back to the racing circuit, however this time he worked as an owner.

Presently, he is involved in directing Don Schumacher Racing; also his team has turned a tough presence on the racetrack.

Don Schumacher is one of the consistent drag racer and a skilled businessman who is now tuned old. This racer’s engine, clutch, and aerodynamic developments created his Funny Cars the top performers all over the country.

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