Jayski's Silly Season SiteJayski's Silly Season Site
DAYTONA BEACH, FLORIDA - FEBRUARY 14: Michael McDowell, driver of the #34 Love's Travel Stops Ford, crosses the finish line to win during the NASCAR Cup Series 63rd Annual Daytona 500 at Daytona International Speedway on February 14, 2021 in Daytona Beach, Florida. (Photo by Jared C. Tilton/Getty Images) | Getty Images
DAYTONA BEACH, FLORIDA - FEBRUARY 14: Michael McDowell, driver of the #34 Love's Travel Stops Ford, crosses the finish line to win during the NASCAR Cup Series 63rd Annual Daytona 500 at Daytona International Speedway on February 14, 2021 in Daytona Beach, Florida. (Photo by Jared C. Tilton/Getty Images) | Getty Images

Michael McDowell’s Daytona 500 win could be a financial windfall for team


Michael McDowell’s Daytona 500 victory provided a nice payday for him and the team last week but that win will continue to pay the team over the next few years.

A source with knowledge of the charter system estimates that Front Row Motorsports should collect an additional $1.6 million over the next three years because of the win – with more than $1 million being paid to the team next season.

Chartered teams are paid a set amount per race. They’re also paid based on where they finish and receive money based on the performance of the charter over the past three seasons.

See much more at NBC Sports.