Forbes: NASCAR team values dip slightly, but some flourish

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Forbes magazine has released its annual list of the value of the top-10 teams in NASCAR.

While the business magazine said team values dropped 7 percent from 2015 to 2016, the average team value is $137 million.

While some organizations such as Roush Fenway Racing and Richard Petty Motorsports have leased charters, other teams have expanded or strengthened their value with additional charters, including Furniture Row Racing and Front Row Motorsports, Forbes reported.

Here are the top 10 teams, their value and 2016 revenue:

  1. Hendrick Motorsports – team value $350 million, 2016 revenue $200 million.
  2. Joe Gibbs Racing – team value $225 million, 2016 revenue $135 million.
  3. Stewart-Haas Racing – team value $180 million, 2016 revenue $112 million.
  4. Richard Childress Racing – team value $170 million, 2016 revenue $141 million.
  5. Roush Fenway Racing – team value $150 million, 2016 revenue $102 million.
  6. Team Penske – team value $135 million, 2016 revenue $62 million.
  7. Chip Ganassi Racing –  team value $65 million, 2016 revenue $47 million.
  8. Richard Petty Motorsports – team value $48 million, 2016 revenue $43 million.
  9. Furniture Row Racing – team value $24 million, 2016 revenue $17 million.
  10. Front Row Motorsports – team value $22 million, 2016 revenue $20 million.

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