Mike Salinas Net Worth, Biography, Family and Businesses 2023

Mike Salinas Net Worth, Biography, Family and Businesses

Mike Salinas is an American entrepreneur and racer who has successfully merged his passion for motorsports with his business acumen. Mike is the founder and CEO of Scrappers Racing, a renowned motorsports team, and the owner of Valley Services, a thriving recycling business in San Jose, California.

With a lifelong dedication to racing and a commitment to providing top-notch services through Valley Services, Mike has built a legacy that extends far beyond his impressive professional achievements. Join us as we delve into the life, accomplishments, and values that define the extraordinary journey of Mike Salinas.

Mike Salinas Biography

Real name Mike Salinas
Date Of Birth April 27, 1961
Age 62 years old
Net Worth $3 million
Nationality American
Hometown San Jose, California
Profession Entrepreneur and racer
Wife Monica Salinas
Children Jasmine, Jacquelin, Jianna, and Janae

Mike Salinas was born on April 27, 1961, in San Jose, California, in the United States of America. Mike developed a deep love for racing at a young age. His father’s involvement in hot rod racing during the 1960s and 1970s at Fremont Drag Strip and Little Bonneville introduced Mike to the world of motorsports.Fuelled by his childhood passion, Mike embarked on a racing career that would see him compete in various classes and ultimately achieve remarkable success.


Mike Salinas began his competitive racing journey in the Nostalgia Eliminator 1 and 7.0 Pro Class, participating from 2001 to 2009. During this time, he honed his skills, constantly pushing himself to improve.

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In 2009, Mike earned his Top Fuel license at the Texas Motorplex, marking a significant milestone in his career. The following year, in 2011, he made his professional debut in NHRA Top Fuel, solidifying his position as a formidable force in the world of drag racing.

However, Mike’s ambition didn’t stop there. In 2021, he expanded his racing endeavors by making his professional debut in another category, Pro Mod, competing in the NHRA E3 Spark Plugs Series.

This move showcased his versatility and determination as he embraced the challenges of a new division. Remarkably, in his debut season, Mike finished third in the national standings, further establishing himself as a force to be reckoned with in the Pro Mod category.

 Scrappers Racing

One of the most inspiring aspects of Mike Salinas’ racing journey is the strong bond he shares with his family. Today, two of his four daughters actively race alongside him, transforming Scrappers Racing into a full-time family operation.

This unity is evident at each race as the entire Salinas family stands united behind their drivers, supporting one another in pursuit of victory. Through their unwavering dedication and support, they have created a family legacy that continues to inspire and motivate others in the racing community.

Valley Services

While Mike Salinas thrives in the world of racing, he is equally driven in the business arena. He is the founder and CEO of Valley Services, a family-run recycling business located in San Jose, California.

It all started in 1986 when Mike began hauling junk cars, which eventually evolved into Valley Services—a drop-off site for commercial construction materials and demolition debris, offering roll-off dumpsters and waste hauling services.

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Valley Services has been running for over 35 years and has become one of the best recycling companies in California. The company’s roots trace back to Mike’s childhood, where he ran a shoe-shine business and learned valuable business tips.

The success of Valley Services can be attributed to Mike’s core values of integrity, reputation, and exceptional customer service. Instead of relying on traditional advertising, the business has thrived through word-of-mouth recommendations, a testament to the quality of their services and the trust they have earned from their customers.

Treating people with respect, prioritizing availability, and consistently delivering exceptional service has been the driving factors behind Valley Services’ growth and success.


Mike Salinas was born on April 27, 1961, in San Jose, California, making him 62 years old as of 2023. He is an American citizen, proudly representing his country on the racetrack and in the business world.

Born on April 27, Mike Salinas falls under the zodiac sign of Taurus. Taurus individuals are known for their determination, reliability, and practicality, traits that align well with Mike’s unwavering commitment to success in both his racing and entrepreneurial pursuits.


Mike Salinas is married to his wife Monica Salinas, who has been his steadfast partner in both his racing and business endeavors. Together, they have created a strong family unit centered around their shared passions. Mike Salinas and his wife Monica are proud parents to four daughters: Jasmine, Jacquelin, Jianna, and Janae.

These remarkable young women have not only been actively involved in their family’s business but have also followed in their father’s footsteps by becoming racers themselves. With their passion for motorsports, Jasmine and Jianna now join Mike on the track, forming a formidable racing team within Scrappers Racing.

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Mike Salinas and his four daughters
Mike Salinas and his four daughters

Mike Salinas Net Worth

As of 2023, Mike Salinas boasts an estimated net worth of $3 million. His primary source of income stems from his various ventures, including Scrappers Racing, a motorsports team that he founded and leads as the CEO.

Additionally, he derives substantial income from Valley Services, a successful recycling business that he owns and operates in San Jose, California. Through his racing career, business ventures, and strategic investments, Mike Salinas has built a solid financial foundation, reflecting his remarkable success in both the racing and business domains.

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