The way I understood it used to work for drivers like Randy Pobst was they made so much per race (something like $8,000.00 for a World Challenge race. Don't quote me on that figure, just something I remember reading.) For some races I understood he would sit around and wait on the call and then get a percentage of the race purse based on the finish.
The higher up the ladder you go, the more the driver makes. F1 drivers get anywhere from $250k to $8mill a year for a front row team. Some drivers have to pay backmarker teams though sponsership deals they bring to the team for a seat. The hope is they do so well that a front row team will pay them a salary.
Most of the Drivers at the back of the field of ALMS and Rolex races are Gentleman Racers. They own their own business and pay teams for seat time (they also are responsible for damage to the car in some cases.) Think of the Indy 500 a few years ago when a dentist sponsered by Crest made the field. Not professionals but still have talent and get to race against the likes of Mcnish and Biela.
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