Fernando Alonso Net Worth

Fernando Alonso Net Worth
Fernando Alonso at the F1 Grand Prix of Abu Dhabi


With a career spanning decades, Fernando Alonso achieved the Formula 1 dream as a two-time World Champion. Alonso's knack for long-term thinking is evident in his impressive strategic decisions, earning the respect of the entire sport. Known for his candid opinions, he's no stranger to the heat of controversy within the paddock. His impact on Formula 1 remains significant, as he's credited with ending Michael Schumacher and Ferrari's five-year dominance, securing his first of two consecutive F1 titles with Renault in 2005.


Beyond his Formula 1 success, Alonso aimed to join the exclusive club of 'Triple Crown' drivers, winning the Monaco Grand Prix, Le Mans 24 Hours, and the Indianapolis 500. While he claimed victory in the Monaco Grand Prix twice (in 2006 and 2007) and Le Mans with Toyota in 2018 and 2019, his Indy 500 aspirations did not work out.


Alonso's extensive career has seen its share of ups and downs, with his current role at Aston Martin F1 Racing allowing him to capitalize on last year's feedback to improve the car's performance.


NameFernando Alonso Díaz
Net Worth$240 million
Age42 years
ResidenceOviedo, Spain
PositionFormula 1 Racing Driver
Marital StatusDivorced
Source of WealthSalary, Endorsements, Investments
Salary$5 million
EndorsementsAuto Racing, Peroni
Endorsement Earnings$1 million


What is Fernando Alonso's Net Worth in 2024?

Fernando Alonso has an estimated net worth of $240 million, as of February 2024. With two World Championships to his name and even more race wins, he amassed a good amount of wealth. He has made a lot of business ventures, which include his clothing brand, Kimoa, and a karting team, Fernando Alonso Kart.


Fernando Alonso Salary

Fernando Alonso is reported to earn a salary of $5 million with Aston Martin. Alonso changed teams in 2023 from Alpine to Aston Martin. This was mainly because Alpine was not ready to offer him a multi-year deal. There was also a tense atmosphere at Alpine. So when the opportunity for a multi-year deal with Aston Martin presented itself, the Spaniard took it.


Fernando Alonso Endorsements

Alonso has been linked to many teams in his career. His recent brand partnership comes with Boss. Some of the other brands are Tag Heuer, Silestone, Liberbank, Adidas and Europcar. He is also sporting his brand Kimoa, on and off the track. Alonso also endorses brands linked with Aston Martin like Peroni.


Fernando Alonso Investments

Throughout his long career, Alonso has had several remarkable investments and business ventures. Alonso has a clothing brand called Kimoa, which is one of the most successful Formula 1-related brands. The brand was also featured in a Netflix movie called Murder Mystery. Fernando has been able to position his brand in the center of his Formula 1 career which has boosted his brand's image.


Fernando Alonso Other Sources of Income

Alonso plays smart when it comes to investing. He puts money into things like properties and his brand, Kimoa. He has his own museum in Spain which has 300 of his own cars on display. He has his own karting team and supports a lot of junior drivers throughout their racing careers.



Fernando Alonso
Fernando Alonso. Source: Getty Images

Fernando Alonso Car

Alonso has some amazing properties all over the world. According to GQ Magazine, he has some beautiful houses in Oxford, UK and Switzerland. He also has another luxurious property in Dubai.


Fernando Alonso Car

Alonso has a fantastic car collection including Formula 1 cars and his personal on-road cars. Some of these cars are:

  • Honda NSX
  • Aprilia RS660
  • Ferrari 458 Italia
  • McLaren P1
  • Nissan GT-R

These cars range from his F2, F1, and karting machinery. His world championship cars from 2005 and 2006 are also on display here.


Fernando Alonso Charity Work

Fernando Alonso is a UNICEF ambassador. He has been donating to charitable causes since the start of his career. He donated to many healthcare worker support funds during the pandemic. He has recently been a donator to Sightsavers International.

FAQs

Q. How many world champions has Alonso won?

A. Fernando Alonso became the Formula 1 World Champion twice in 2005 and 2006.

Q. What is Fernando Alonso’s net worth?

A. Fernando Alonso is estimated to be worth $240 million.

Q. When will Fernando Alonso’s contract retire?

A. Fernando Alonso continues to race in Formula 1 for Aston Martin F1 Team and has not made any plans to retire soon.

Q. What is Fernando Alonso’s brand name?

A.  Fernando Alonso owns a clothing brand called Kimoa.