Entrepreneur

Danica Patrick Spent Years Preparing to Retire -- by Laying the Groundwork for a New Career

How do you trade the comforts of a job you know well for the unknown of entrepreneurship? Just-retired race car driver Danica Patrick is finding out.
Source: Nigel Parry
Nigel Parry

In the weeks leading up to Danica Patrick’s final IndyCar race this past May, she spent her time the way most drivers do -- practicing on the Indianapolis Motor Speedway and running through details with her team. But with about two weeks to go before she’d suit up professionally for the last time, she is summoned to do a little salesmanship. A group of teenage girls has been assembled at the speedway’s main building, and NASCAR has asked Patrick to give them a pep talk about the exciting possibilities of a career in professional auto racing. 

Related: How Successful People Stay Productive and In Control

Who better for the job? Almost nobody, really. Patrick is one of the few women to find success in motorsports, a pursuit -- and a business -- long dominated by men. From her spectacular run in open-wheel racing, where she became the first, and still only, woman to win an IndyCar Series race, to her transition to stock-car racing, to her recurring pit stops to star in a run of head-turning Super Bowl ads for internet services powerhouse GoDaddy, Patrick has been one of the most recognizable figures in racing for the past 13 years.

And yet, as she stands now at the front of a conference room, looking out at this gathering of hopeful adolescent faces, Patrick can’t help veering off script. “Find something you actually frickin’ like to do!” she advises the junior high schoolers, who giggle in response. Maybe that’s auto racing, but maybe -- it isn’t. “Be with yourself about ‘I hate this job, I’m miserable.’… Find something you love.” A minute later,

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur3 min read
Sunco Industries Co., Ltd
Following a record-breaking performance by its stock market, Japan topped off 2023 with a third straight quarter of improving business sentiment as its largest firms continued to grow more optimistic. In the Bank of Japan’s final ‘tankan’ survey of t
Entrepreneur2 min read
The Loss That Changed My Company
When I was 17, I founded a company to save police officers’ lives. We distribute and manufacture body armor and other protective equipment. And yet, I will admit: For the first eight years, this work felt abstract—like watching war unfold on the nigh
Entrepreneur2 min read
3 Ways to Build Real Businesses on the Side
If you have marketable skills, but you aren’t sure how to spin them into a business, try teaming up with someone from an entirely different industry. Together, you could pinpoint opportunities for innovation. That’s what Gene Caballero did. Back in 2

Related Books & Audiobooks