Rawlings was born in Fort Worth, Texas, in 1969. As a child he went to auto shows with his father and constructed cars, having purchased his first at the age of 14. In the next six to seven years, he graduated from Eastern Hills High School[2] and worked as a law enforcement officer, firefighter, and paramedic.

Richard Rawlings and co-pilot Dennis Collins allegedly broke the 1979 Cannonball Run time from New York City to Los Angeles of 32 hours and 51 minutes. The two bet rival Jay Riecke they could beat the time in their 2007 Bullrun entry, a black Ferrari 550, modified with extra fuel cells. The final time is 31 hours and 59 minutes.