Eddie Gossage earned millions of net worth through his successful business

Eddie Gossage had been involved in the motorsports business industry for over four decades.


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Eddie Gossage was a successful American businessman whose net worth was certainly in the millions, even though he did not reveal the exact figures.

He became popular as the president of the Texas Motor Speedway, which annually hosts NASCAR and IndyCar events.

Gossage was a major businessman and auto racing promoter, especially in IndyCar racing and stock car racing.

A multifaceted man, Gossage became a motivational speaker after retiring as Speedway Motorsports’s general manager in 2021.

Through his diverse career, Eddie Gossage earned considerable popularity as well as net worth.

Eddie Gossage thought he was wasting his four years of college on a low-paying job

Eddie Gossage studied four years of Bachelor of Arts course at the Middle Tennessee State University in Murfreesboro, TN, and received a degree in journalism.

While studying journalism at the university, he also wrote articles and was sports editor of The Sidelines, the university’s student newspaper.

Further, while working on the newspaper, Eddie Gossage met his first wife, Lena Jane Williams.

During his education at MTSU, he started working as the director of public relations at the Speedway, a job he got with the help of a fellow Tennessean sportswriter, Larry Woody.

At the Speedway, he used to earn a $9,000 salary per year, which was a very low payment that hardly covered his expences.

Gossage initially claimed that he regretted the job, as he was doing everything from being the janitor to a grass keeper, a chef, and a pace car driver.

His job was unrelated to what he had studied at the college, making him think he had wasted four years of college education to earn a low-paying job. The job also delayed his MTSU graduation in 1982.

He had started getting a little scared about his future, as he had no steady job.

Further, it was natural for Gossage to think that way as he was born into a middle-class family with nothing but “a roof over their heads.

His father used to work at a packing house near the Cumberland River while his mother was a homemaker. Gossage’s family condition inspired him to work hard for his future.

However, his life changed when he joined Bristol International Raceway as an assistant general manager.

There, Eddie Gossage started earning a $20 million salary per annum. And the rest is history!

Additional Information

  • Eddie Gossage was born on October 15, 1958, in Nashville, Tennessee, U.S., and passed away on May 16, 2024, at 65.
  • Social Media like Twitter, Instagram, and Facebook are flooded with condolence messages for his family.
  • His parents are father, Howell Lee Gossage, and mother, Martha Lucille Gossage. He was the middle child of two brothers, older Jeff and younger Craig.
  • Eddie Gossage’s wife is Melinda Marie Cobb, with whom he has two children: Jessica and Dustin. Before ​Melinda, he married Lena Jane Williams from 1979 to 1997.
Ruhi Tiwari
Ruhi Tiwari
Ruhi Tiwari, a passionate content writer with 2 years of experience, weaves captivating tales through her words. Beyond her profession, she immerses herself in the art of storytelling, channeling her creativity into compelling narratives.


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