If you're a competitive racer, you might be wondering how you can win money on iRacing.
Well, we have good news for you because iRacing opens up so many avenues.
So, there are different ways you can make some money playing, and we're going to explore some of them!
Competing in esports to win money on iRacing
If you're here, we're considering you're probably already, familiar with how iRacing works. So, you know that the esports scene in it is a big thing. iRacing takes esports very seriously.
Even professional NASCAR drivers used iRacing as the platform to compete during the lockdown. eNASCAR on iRacing is the real deal, with its many tournaments!
iRacing holds the annual eNASCAR Coca-Cola iRacing Series, a yearly tournament, that has been going for 12 years in a row. Consequently, 40 of the best racers in the world of iRacing compete for a prize pool of $300,000!
And the first-place winner gets $100,000, an astounding number! So if you're looking to make money in iRacing, being one of the best is your first step. You can follow the tournament schedules on the eNASCAR website.
Joining a team
Your second stream of income, which can be more consistent, and also comes with more perks! While also requiring you to be a competent racer, joining a team means you'll have different responsibilities you get paid for, aside from prize money! There's a lot of big teams in the world of sim racing, including the well-known G2 esports, and Red Bull Racing!
Additionally joining a team means that you will more likely than not have to stream occasionally on platforms such as Twitch, which helps the team in different ways as we will discuss later. It's difficult to give an average on how much money you will be making as part of a team, it usually depends on the team and the contract you'll be signing with them!
Sponsorships and Advertisement
A big amount of money can come from sponsorships and advertisement revenue. It's difficult to make out an exact number again because teams don't usually disclose sponsorships.
Another case is that sponsorships can be through hardware like keyboard sets, mouse sets, monitors, and so on.
It's hard to give numbers when the world of esports is vast and ever-expanding, and as you know that in the world of racing, there are hundreds of millions of dollars getting put into the scene. With advertisements, sponsorships, and partnerships, there's an astonishing amount of money put into the scene.
So, sadly, it's hard for us to tell you how much you can be making from iRacing as an individual. But we assure you that there is plenty of money to be made. That's all!
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