Fernando Alonso Net worth

Last Modified Aug 28, 2018 00:13 IST

Fernando Alonso is a Spanish Formula One driver who currently drivers for Mclaren-Renault. He is regarded as one of the best F1 racers of all time, with 32 wins, 97 podium possessions and a staggering 23 fastest laps.

In 2005, he was the youngest driver to have won the Formula One World Drivers Championship.He followed it up with another world championship in 2006 for Renault F1 team.

Fernando Alonso's Endorsements and Salary

He banks more than $32 million annually on the track from his three-year deal with Mclaren Renault. In 2017, he supposedly earned $40 million.

He is presently the second richest Formula One racer, ranked just after Michael Schumacher. He earns a hefty performance bonus, which has a very high and positive impact on his net worth.

He presently ranks #39 on the Forbes list of The World’s Highest-Paid Athletes. Alonso's off-track income is boosted by endorsement deals with multinational companies like Citibank, Pirelli and Kimoa. He earns more than $1 million every year through these endorsement deals.

Kimoa is a lifestyle brand owned by Fernando Alonso which sells T-shirts, Shirts, Surfboards, Skateboards, and more inspired by the California sunsets and beaches. Kimoa is also the official surf wear partners for Mclaren F1 team.

Alonso is as a founding investor in the fashion brand Kimoa, which launched n 2017. He also started a racing eSports team with McLaren sponsor Logitech.

Despite being an F1 driver he has shown a knack for endurance racing too by participating in the Daytona 24 hours and FIA World Endurance Championships. Alonso earns heavy sums as prize money too, in addition to his salary and endorsement deals.

In 2017, he was also named the Indianapolis 500 Rookie of the Year. In the event he drove for Andretti Autosport.

He won the 24h of Le Mans on his debut with the Toyota WEC team in 2018. Alonso is due to win the INDY 500 to get his triple crown in Motorsport.

Fernando Alonso Net Worth 2018

According to Forbes the net worth of Fernando Alonso in 2017 is $220 million, which makes him the world’s 2nd richest athlete.

Marital Status
Source of wealth
Auto Racing, Endorsements
Citibank, Pirelli
Oviedo, Spain
$32 million
LifeStyle Brand Owned
$1 million