How much does Ferrari team principal make?
Fourth on the list is Ferrari’s Frederic Vasseur. He earns $5. F1 team of all time. Who is the richest Formula 1 driver ever? Michael Schumacher is thought to be the highest-paid Formula 1 driver of all-time. He is also one of the highest-earning sportspeople ever. With five consecutive titles and a record-setting seven championships, the German completely dominated the sport in the early 2000s.Formula 1 is as much about business as it is about racing, with the top teams boasting valuations in the billions. In 2025, Ferrari leads as the richest team ($4. Mercedes ($3. Red Bull Racing ($3. McLaren ($2. Aston Martin ($2.Max Verstappen of Team Red Bull is the highest-earning Formula 1 driver at $65 million per year.F1 driver salaries: Who are the highest-paid drivers in Formula 1? Prominent business magazine Forbes listed Max Verstappen as the highest-paid driver in Formula 1 last year, combining a $60m base salary with $15m in bonuses.
Who is the ex Ferrari F1 boss?
Luca di Montezemolo: Ex-Ferrari boss joins McLaren board. Former Ferrari boss Luca di Montezemolo has joined the board of historic rival McLaren, a move that would have been unimaginable not so long ago. Andrea Stella has been Team Principal at McLaren since December 2022. The Italian started his F1 career with Ferrari as a test team performance engineer, before going on to work with Michael Schumacher on the race team from 2002 onwards during the team’s title-winning run.In the new setup, Mattia Binotto has been given a new role. The former Ferrari team boss was previously chief technical officer and chief operational officer, but he has left those positions. Binotto is now responsible for the overall development of Audi’s 2026 Formula 1 car.
Who in F1 is a billionaire?
Toto Wolff net worth – $1. Prominent American business magazine Forbes listed Mercedes CEO and team principal Wolff as having hit the landmark of becoming a billionaire in April 2023, making it onto the official list of Forbes Sports Billionaires for the first time. Toto Wolff’s net worth is a testament to his success in both the world of finance and motorsport. His wealth comes from his various business ventures and his stake in the Mercedes-AMG Petronas Formula One Team. While precise figures are hard to come by, a Forbes report estimates his net worth is well over $1 Billion.Toto wolff is the richest f1 team principal on the 2025 grid. In april 2023, forbes listed the mercedes ceo and team principal as having become a billionaire, making it onto the official sports billionaires list for the first time.Toto Wolff net worth – $1. Prominent American business magazine Forbes listed Mercedes CEO and team principal Wolff as having hit the landmark of becoming a billionaire in April 2023, making it onto the official list of Forbes Sports Billionaires for the first time.Billionaire Mercedes F1 Owner Toto Wolff’s Winning Formula The hard-driving billionaire built Mercedes’ F1 team into an auto racing dynasty. Their championship days may be in the rear-view mirror, but he is more successful than ever.
Who is the billionaire son in F1?
Lance Strulovitch was born on 29 October 1998 in Montreal. Stroll is the son of Canadian billionaire businessman Lawrence Stroll—part-owner and executive chairman of Aston Martin, as well as owner of its Formula One team—and Belgian fashion designer Claire-Anne Stroll (née Callens), and has an older sister named Chloe. Stroll is the son of Canadian billionaire businessman Lawrence Stroll—part-owner and executive chairman of Aston Martin, as well as owner of its Formula One team—and Belgian fashion designer Claire-Anne Stroll (née Callens), and has an older sister named Chloe.
Who is the richest F1 driver?
The top five richest Formula 1 drivers in 2025 are Lewis Hamilton, Fernando Alonso, Max Verstappen, Charles Leclerc, and Carlos Sainz. Hamilton leads with $434 million, followed by Alonso’s $240 million. Toto Wolff is the richest principal in F1 with an impressive net worth of $1.Forbes estimates that at least ten billionaires, worth a collective $146 billion, are involved in F1 as of the 2021 season. Here’s a look at the sport’s wealthiest team owners, sponsors and other figures.
Who is the CEO of F1?
Stefano Domenicali – President & CEO, Formula 1® Stefano Domenicali – President & CEO, Formula 1® After studying business administration at the University of Bologna he began his professional career in 1991 with Ferrari.