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

Oil magnate gave Pence tickets to NFL game he walked out of

Vice President Pence received NFL tickets from oil magnate Forrest Lucas and tickets to the 2017 Super Bowl valued at $15,000 from Houston Texans owner Bob McNair, according to the vice president’s most recent personal financial disclosure form.
Posted: May 16, 2018, 11:33 am

Oiled Up: Lucas Dollars Might Lubricate More Racing Than Lucas Oils

“We were sponsoring tractor pulls and late models long ago. Both series fell apart,” explains Indiana-born Forrest Lucas, 75, who incorporated Lucas Oil in 1989 and, with his wife, Charlotte, owns the interconnected enterprises. “One guy got to doing ...
Posted: October 12, 2017, 3:26 pm

Gaines: Memphis Confederate monument should be moved

we should listen to those for whom the Forrest statue brings back memories of Jim Crow and the divisive, painful past. We should be willing to go the extra mile for our neighbors because Christ in his love has done so for us," Cook and Lucas wrote.
Posted: September 15, 2017, 2:30 pm
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