Forrest Lucas Net Worth is$300 Million
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Forrest Lucas net worth: Forrest Lucas is an American entrepreneur who has a net worth of $300 million dollars. Forrest Lucas was born in Indiana, and worked for many years as a long-haul truck driver. Due to his work, he lived all over the United States, but he chose to return to Indiana to launch his own business. He founded Lucas Oil with his wife in 1989. The pair originally created the company in order to manufacture better oil products for their fleet of trucks. The products quickly caught on and the company grew exponentially. The company is also heavily involved in motorsports. Charlotte Lucas, and the Lucas' son, Morgan, both compete in drag racing as part of the National Hot Rod Association. Lucas Oil also sponsors multiple racing teams. The company is also known for its philanthropic work, and regularly donates to medical and educational charities, and animal care groups, among others.
Lucas Oil Products is a manufacturer and distributor of automotive oil, additives, and lubricants. It was founded by trucker Forrest Lucas and his wife Charlotte in 1989.
Lucas Oil is not related to LUKOIL, a Russian-owned petroleum company that owns and operates gasoline stations throughout the Northeast USA. Nor is it related to Lucas Industries, a former British manufacturer of automotive and aerospace components.
The company is a sponsor of several NASCAR, H1 Unlimited, NHRA and IndyCar events. In 2005, Lucas Oil founded the Lucas Oil Late Model Dirt Series.
On February 28, 2006, it was announced that Lucas Oil had purchased the naming rights to the Lucas Oil Stadium in Indianapolis, Indiana for $120 million over 20 years. The facility opened in 2008 and is the home field for the NFL's Indianapolis Colts. Other events that have or will be held at the stadium include the 2010 NCAA Men's Basketball Final Four, the 2009 NCAA Men's Basketball Regional Finals, Super Bowl XLVI (February 5, 2012), the 2015 NCAA Men's Basketball Final Four, the 2016 NCAA Women's Basketball Final Four, and every Drum Corps International World Championship since 2009.
In 2009, Lucas Oil founded the short course off-road racing series Lucas Oil Off Road Racing Series. In September 2011, the company bought specialty television channel MavTV to promote their motorsport championships. In March 2012, Lucas Oil extended their title sponsorship of the AMA Motocross series.

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Forrest Lucas Latest News

Forrest Lucas Launches Theatrical Distribution Venture with Professional Racecar Driver Ali Ashfar

Forrest Lucas, founder and owner of Lucas Oil Products, Inc., MAVTV, Lucas Oil Speedway, and the naming rights to the Indianapolis Colts' Stadium, "Lucas Oil Stadium", and Ali Afshar, the ...
Posted: December 20, 2018, 6:52 am

What is Forrest Lucas going to buy next?

Forrest Lucas is slowly but surely buying up racing series, racetracks and the medium of television, while sponsoring race cars across America. You can't go to a dirt track, a drag strip or, ...
Posted: March 9, 2014, 12:00 am

Forrest Lucas Net Worth

Forrest Lucas net worth: Forrest Lucas is an American entrepreneur who has a net worth of $500 million dollars. Forrest Lucas was born in Indiana. He worked for many years as a long-haul truck driver.
Posted: December 19, 2017, 1:43 pm

Forrest Lucas eager to expand IndyCar reach

INDIANAPOLIS (AP) — With all due respect to the rest of the world, Forrest Lucas is glad American Ryan Hunter-Reay won the IndyCar championship. Lucas is the co-founder of Lucas Oil, which among other ...
Posted: December 8, 2012, 7:20 am

Forrest Lucas buying former Nancy Irsay estate

Lucas Oil Products founder Forrest Lucas has agreed to buy the former Nancy Irsay estate at 116th Street and Ditch Road in Carmel. Lucas confirmed to IBJ on Wednesday that he has the 38-acre property ...
Posted: May 11, 2016, 9:32 am
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