Top 5 Ways to Make Money from Sim Racing

For most sim racing enthusiasts, the ultimate ambition is to pursue a long-term profession out of their home simulator arrangement.

It is a great achievement turning pro, but it is not all roses.

There are several ways to generate revenue from sim racing, and we will focus on five options in today’s discussion.

So whether you are in search of a new approach to generating some spare change or are only inquisitive about the revenue earning opportunities offered by Sim racing, there is something for you!

Here’s our top 5 list for making money in sim racing:

1. Being The BEST and winning Money prizes
2. Offering 1-1 coaching
3. Sponsorships & Affiliate Deals
4. Streaming subscriptions on Twitch
5. In-streaming Donations (i.e. Patreon)

Before taking the plunge, here are some fascinating figures for you about some of the recent sim racing cash prizes:

Fédération Internationale de l’Automobile award work Title sponsorship worth a $ 250,000 prize fund

Formula One Management F1 Esports Pro Series by Aramco a prize fund of work likned cash sponsorship award of $ 750,000

Make money while playing iRacing (company) eNASCAR: iRacing coca cola series $ 300,000 in cash sim racing competitions rewarding rich drivers in 2020.

‘Porsche TAG Heuer Esports supercup’ resolution work linked to television prize money $200,000.

That makes it approximately 1.5 million dollars… in total…

Isn’t that so much fun??

An yearly earn out of a pro sim racer can be a few dollars to a few hundreds depending on his/her ranking and the type of game but most of it has a lot to do with what you can do and how much time you are willing to spend racing.

How Much time Does A Professional Sim Racer Work?

Well, that’s the catch. Many of professional sim racers don’t have a day job.

In normal circumstances, the virtual racers do concentrate on the training exercises for 6-8 hours in a day, six days in a week inclusive of analyzing the data records of their performances.

I realize that looks silly but that’s what you need to do if you want to be on the top and win the toughest esports tournaments.

Anyone also needs to get a little more practice under the belt and do some laps in the new cars and on the new track or try and set the car up as quickly as possible for maximum performance.

Navigating a nine-to-five job or attending school is certainly a challenge for professional sim racers, and can cut into much needed practice time, however, it can be done by a handful of drivers out there.

Here recollects the list of the 5 ways which can help players earn money in sim racing.

Being the BEST and winning Money prizes

So the first adaptation for a sim racer ambit is pretty simple, be the winner of esports tournaments and the rest is just history, they will get cash prizes.

Currently, the world’s best sim racer can earn themselves quite a few cash prizes.

For instance, one can observe the FIA Gran Turismo World Championship.

So, the total prize pool was $250,000, which means that the winner took home $100, 000 just to win the super challenge.

And that’s just one championship… there are countless outreaches money prizes and esports leagues and you’d be sure that those pay pretty well.

The only thing I could suggest is: train hard and buy yourself an ultimate steering, pedals systems and a cock pit.

Well, no you can’t possibly win iRacing series while sitting on the sofa and playing with joystick, not with such a superiority! 😉

Offering 1-1 coaching

A second way for a sim racer to earn money is through the provision of individual or even group coaching sessions.

Now let me be clear, in any circumstances would this be the most effective way to earn an income especially in sim racing since it will mean being quite adept at training and explaining things Even Placido, Tocom even encourage them doing considering getting expectations of this is goods, but the truth is that it is also hastily assuming a position I would never recommend, because plug.

Actually, I would only recommend doing this if you’re really good at the game and have many things to tell.

Then, the why the coach who provides you these services is the best – as from the fact that you can squeeze a few bucks here and there.

Simply don’t forget to be fair and honest with pricing and be open to bargaining.

Further, to save time, it would be good to try and arrange lessons via Discord for the more practical setting up of time.

Sponsorships & Affiliate Deals

So the next way for you to earn money as a sim racer is by getting sponsorhip or affiliate deals.

In other words, you need to remember and look for companies or these kinds of a brand that are willing to help and pay you some money but only under the conditions that you provide them some advertising.

This can be a very good additional source of income but it is a must for you to be outgoing and self-promoting.

And here, all your followers on social media and subscribers on youtube will be of great importance

As such, maintain your social media channels and share your posts on various subreddits, but most of all do your best and create the content that people would want to see.

It’s very likely that sponsorships will come at some point when you’re able to create an appeal to the market.

You need to make sure to be at every single important esports event and try to penetrate as many layers of the industry as you can.

This is a long-term strategy in nature and it will take time and efforts, but if done well, it can actually result in a lot of income.

Streaming subscriptions on Twitch

Next is one of the most pleasant and most scalable possibilities of earning money from sim racing for you.

This one relates to selling Twitch subscriptions which will cost your subscribers from $4.99 to $9.99 or even $24.99 a month per subscriber!

In-streaming Donations (i.e. Patreon)

The last way that a sim racer will be able to earn funds is through in streaming donations thanks to services such as Patreon.

This process is getting more and more adopted by the content makers in the said websites.

Basically, it works on the principle whereby viewers and advertisers contribute a small amount of money per a video or stream.

And even though this may seem insignificant, if one is quite popular, such tags may rack up quickly.

In fact, a large chunk of content creators make their entire income through in-streaming donations!

How Old Do You Have To Be To Be A Professional Sim Racer?

I think the age doesn’t really count for sim racing. You can be a pro at any age.

The only thing that really matters is how good you are and if you have the determination to make it big.

Here’s another article on how to turn you into an eSports champion in no time!

If you’re still at high school, you can start by setting up a Twitch account and stream some of your online races.

This will help you start building a following and once you have a decent sized audience, you can start pitching yourself to sponsors.

If you’re already working or have a family, then coaching may be the way to go for you.

Can I Become A Professional Sim Racer?

I think you can mate, with tons of practice and some quality hardware to race on.

The sheer fact is, one does need quite a time in actually mastering it but then once you will be at the top echelons in the sport, the only way from there is up

Time to wrap up:

So, as you can see, there are a few different ways for you to make money from sim racing.

It will take some effort on your part but for those who are willing to work for it, the payoff can be quite enticing.

Simply remember that it is certainly not going to happen at an instant and it will take you time as well as commitment to reap in the fruits.

Yet, if you really want to work for it, then everything is possible!

I trust this article will assist you and I wish you plenty of luck in your aim of becoming a professional sim racer.

As always, enjoy your racing!

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