The former V8 Supercars poster girl said she will use the money to buy her own team, as part of a plan to race at next year’s iconic Bathurst 1000.
Gracie, who retired from the sport at the end of 2017 due to a lack of funding, will use her earnings from adult films to fund a race team, with the goal of achieving a top-10 finish at Mount Panorama.
“I am looking to buy my own team,” Gracie told The Daily Telegraph. “I get offers every second day to go and race in somebody else’s car.
“There are lots of opportunities and options keeping the hope and the dream alive, but I would like to do it myself.”
Gracie is hopeful of lobbying to gain a wildcard entry into the Bathurst 1000, allowing her the luxury of not having to compete at the other Supercars rounds.
The sport gives out between two and four wildcard entries every year, which are usually to rookies, retired legends or as a strategy to attract large crowds.
After starting in go-karting, the 26-year-old raced in the 2013 and 2014 Porsche Carrera Cups before graduating to the Dunlop Supercars.
Gracie raced alongside former Indy Car driver Simona de Silvestro at Bathurst in 2015 and 2016. The all-female pair finished 21st in 2015 and 14th on their second attempt.
Gracie quit racing after a season in the Super2 series, ending her six-year career as a professional race car driver.
Now cashed up, Gracie argues giving her a wildcard would be just what Supercars needs to revive a “boring” sport.
“I don’t think anyone in Australia would be able to generate the interest that I would attract,” she told The Daily Telegraph. “It would be huge.
“V8s is pretty boring at the moment – I haven’t been able to get through an entire race this year.”
She finished by claiming that she could definitely make the Bathurst top ten, and reckons that she could 'battle' her way through the mid-pack.
Gracie believes having a female driver in the line-up again would be a major coup for Supercars.