Fernando Alonso net worth 2022: How rich is the Formula 1 legend?

With a new contract coming at Aston Martin, Fernando Alonso may have even more money to build up his net worth beyond 2022. But just how rich is the two-time world champion?

Both fans and pundits alike rank Alonso as one of F1’s greatest ever drivers. With two world titles, 32 Grand Prix victories, and a host of other impressive stats, it’s hard to disagree. During his illustrious career, the Spaniard has driven for Minardi, Renault, McLaren, and Ferrari.

Alonso also had a stint in endurance racing, driving for Toyota in the World Endurance Championship. Since returning to Formula 1 in 2021, Alonso has raced for Alpine, picking up one podium in a slightly underwhelming period of his career.

For 2023, the former world champion has opted for a change of scenery. News released today announced that Alonso will join Aston Martin as of next season, replacing the retiring Sebastian Vettel. A new team should therefore bring a lucrative new deal, too. So, what does the net worth of Fernando Alonso currently look like in 2022?

F1 earnings

The Spanish ace currently makes £16 million a season on his contract with Alpine. However, this pales in comparison to his contract from his second stint at McLaren. From 2015-2017, the Woking-based outfit paid Alonso $32 million a season, per Sportskeeda.

Even back in 2010, when Alonso joined Ferrari, he earned a reported $23 million per season. A contract extension in 2011 would likely have only increased the driver’s pay, meaning that he earned significant sums of money at the Scuderia.

With both Aston Martin drivers sitting in the top ten earners on the grid, Fernando can expect a healthy pay packet from the British-based team, too.

Overall, Alonso’s career earnings from the world of F1 will definitely total hundreds of millions of pounds. If you consider that he has been in the sport since 2001, he has had plenty of time to save up as well.

Endorsements

Most recently, Alonso’s main endorsement comes from a unique company. Kimoa is a sports and lifestyle clothing and accessory brand that Alonso founded with a group of friends. Fernando regularly wears sunglasses and caps brandishing “his” brand, which also sells Alpine-related merchandise. Maybe this will change to Aston Martin gear next season, who knows?

Forbes reports that Alonso makes $1 million every single year as a result of his sponsorship opportunities. Among these are German sports giants Adidas, as well as motor oil brand Castrol.

Fernando Alonso: net worth in 2022

As one of the most respected and well-known drivers on the grid for many years, Fernando Alonso has had the opportunity to accumulate quite the net worth by 2022. According to Celebrity Net Worth, the Spaniard currently sits on $260 million (£214 million) – so he has not done too badly.

Away from the track, The Express claims that Alonso uses his money to make various purchases and investments. For instance, the Alpine driver owns a vast collection of supercars. Apparently, hundreds of the cars that Alonso owns and raced in are on display at the Museo y Circuito Fernando Alonso in Spain.

Also on Alonso’s investment portfolio are a number of houses and properties across the world. As well as a place in the F1 driver hotspot of Switzerland, Alonso has houses in Spain, Oxford, and Dubai.

Featured image credit: Getty

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