Fernando Alonso Net Worth: A Look At The Wealth Of The Formula 1 Legend

Introduction

Fernando Alonso is a name that needs no introduction in the world of Formula 1. The Spanish racing driver has had an illustrious career, spanning over two decades, with numerous accolades and championships to his name. Along with his success on the track, Alonso has also built a significant net worth, making him one of the wealthiest athletes in the world. In this article, we take a closer look at Fernando Alonso’s net worth and how he managed to accumulate such wealth.

Early Life and Career

Fernando Alonso was born on July 29, 1981, in Oviedo, Spain. He started karting at a young age and quickly gained recognition for his talent. In 1999, he won the Spanish Formula Junior Championship and caught the attention of the racing world. Alonso made his Formula 1 debut in 2001 with the Minardi team, and in 2003, he secured his first podium finish with Renault.

The Rise to Success

The years that followed saw Alonso establish himself as one of the top drivers in Formula 1. He won his first world championship in 2005 with Renault and followed it up with another championship win in 2006. In 2007, Alonso moved to McLaren, but the season was marred by controversies, and he returned to Renault in 2008. Alonso continued to race for various teams over the years, including Ferrari and McLaren, before taking a break from Formula 1 in 2018.

Off-Track Ventures

Aside from his success on the track, Fernando Alonso has also ventured into other business ventures. He has co-founded a cycling team, called Euskadi Basque Country-Murias, which competes in various cycling events. Alonso has also invested in a number of companies, including Kimoa, a lifestyle brand that focuses on fashion and accessories.

Fernando Alonso’s Net Worth

According to Celebrity Net Worth, Fernando Alonso’s net worth is estimated to be around $220 million. The majority of his wealth comes from his successful career in Formula 1, where he has earned significant amounts of prize money and sponsorship deals. Alonso has also made a considerable amount of money from his endorsements, including deals with companies like Puma, Rolex, and Santander.

Real Estate

Like many celebrities, Fernando Alonso has invested a significant amount of money in real estate. He owns several properties, including a luxurious villa in Dubai, which he purchased for around $4.5 million. Alonso also owns a property in his hometown of Oviedo, which he bought for approximately $1.2 million.

Cars and Other Assets

Being a racing driver, it’s no surprise that Fernando Alonso has a passion for cars. He owns several high-end vehicles, including a McLaren P1, a Ferrari F12tdf, and a Porsche 911 GT2 RS. Alonso is also an avid collector of watches and has a collection of luxury timepieces, including a Rolex Daytona and a Richard Mille RM 011.

Conclusion

Fernando Alonso’s net worth is a testament to his success as a racing driver and businessman. With his talent on the track and his shrewd investments off the track, Alonso has built a significant fortune, making him one of the wealthiest athletes in the world. As he prepares to return to Formula 1 in 2021, Alonso’s net worth is sure to continue to grow, cementing his legacy as one of the greatest drivers of all time.

Sources

  • https://www.celebritynetworth.com/richest-athletes/race-car-drivers/fernando-alonso-net-worth/
  • https://www.autosport.com/f1/news/fernando-alonso-the-businessman-off-the-track-5289591/5289591/
  • https://www.sportscasting.com/former-formula-1-star-fernando-alonso-owns-a-luxury-villa-in-dubai-worth-4-5-million/