Fernando Alonso is the most costly participant in the field of auto racing. It doesn’t end there. Other drivers like Kevin Harvick and Jimmie Johnson are making a killing in the sport. There are drivers who seem to have an advantage over others.
Fernando Alonso
Although Fernando Alonso had a difficult year in Formula 1 racing, he is now back at the top of the paid-auto racers worldwide. In his last McLaren season, the Spaniard earned more than USD 33 million. He was out of the sport for two years but returned with great success in 2021, and is expected to earn another $20 million a year through 2023.
Fernando Alonso has spent 18 years in the Formula One racing series, driving for McLaren, Renault, and Minardi. He has participated in 311 Grand Prix. This makes him the third most experienced driver in the sport. In fact, he will surpass Rubens Barrichello by the end of 2021. Alonso is not only a successful F1 driver, but he also has a lucrative career off the track. He has also ventured into real-estate. Alonso owns several properties around the globe, including a Dubai apartment.
A number of documentaries have also featured Alonso. One of these features is The Life of Fernando Alonso, a documentary series available on Amazon that was released in 2020. Season 2 of the series is still in production. He was also a voice actor in the Disney animated film Cars 2. Alonso’s career in auto racing began when he signed with Adrian Campos and competed in the Spanish Euro Open. He won the championship, but a year later, he transitioned to Formula 3000 and finished fourth. His first appearance in Formula 1 was at the 2001 Australian Grand Prix.
Alonso is a respected Formula One driver with a net worth of approximately $240 million. He made over $30 million a year at McLaren but missed two years due to injuries. He signed a new contract at Alpine F1 and is expected to make an additional 20,000,000 dollars each year. This contract will likely keep him in the Alpine F1 team until 2023.
Martin Truex Jr.
Martin Truex Jr., an American professional stock car racing driver, is his name. He is a full-time competitor in the NASCAR Cup Series. He currently drives the No. 19-ToyotaToyota Camry for Joe Gibbs Racing. Truex has won numerous races and is a fan favorite. His success has been made possible through hard work, dedication, and a positive attitude.
Truex has been very close to winning multiple times this season. He’s been within one position at New Hampshire, Talladega, and Richmond. He is the last driver in the playoffs who does not have a win. However, he has managed to stay competitive this season and has finished in the top 10 seven times. Despite his poor performances, he isn’t giving in to his career.
The net worth of Martin Truex Jr. is around $30 million. His endorsements and affiliation with Furniture Row Race make up the majority of his income. However, he also donates to numerous community programs through his Martin Truex Jr. Foundation. He made $8 million in the three-year period between June 2018 and June 2019 and is ranked as the 9th highest paid NASCAR driver.
Truex made his Busch Series debut in 2001. Truex started the race in the twenty-ninth place, but he finished 38th after an accident. He finished 29th at the New Hampshire International Speedway as a driver for Phoenix Racing. In 2002, he partnered with his father, Kyle Busch, in a number of races.
The following season, Martin Truex left Earnhardt Ganassi Racing and went to Michael Waltrip Racing. He earned points with No. 55 car. It is the ‘family number’, and it was also the number his father raced in Grand National Division.
Kevin Harvick
Kevin Harvick is a top-paying auto racer who has won numerous races in his career. He won the ESPY Award in 2015 for the best driver. Many drivers make millions each year, but Harvick is the exception. He earns more than $10 million each year.
Sponsorships are the main source of Kevin Harvick’s income. He has been seen in several commercials for Coca-Cola and Subway, earning him more than $2.2 million per year from endorsements. He owns an oceanfront vacation house in Kiawah Island, that he sold for $2.3 million. He also has sponsors such as Ford, Busch Beer, Jimmy John’s, and Mobil 1.
Harvick started racing in 2001 and has had several successful seasons. He has won the Coca-Cola 600 as well as the Daytona 500. He has also earned numerous poles in the Xfinity Series and the Monster Energy Cup Series. He is also a part-timer for the Xfinity Series and has won seven races.
Harvick continues to give back to his community despite having a large income. To help children in need, Harvick founded the Kevin Harvick Foundation charity. The charity benefits from the donations he makes through his foundation.
Other drivers who have made millions of dollars in the NASCAR series include Kyle Busch, Kevin Harvick, and Denny Hamlin. Busch, who earns over $9.9million per year, is the highest-paid driver of the NASCAR Cup Series. The highest-paid auto racers are considered superstars in their respective fields. They have enjoyed a luxurious lifestyle because of their success.
Racing a car requires precision and adrenaline rush. However, the sport isn’t nearly as lucrative as it was in the past. For years, NASCAR teams struggled to turn a profit. NASCAR was hard hit by the 2008 recession and the industry has not fully recovered. As a result, the sport has suffered a decline in race attendance, television viewership, and corporate sponsorship dollars.
Jimmie Johnson
The Nascar Sprint Cup Series has changed over the years, and the top prize in that series is now worth $10 million. Jimmie Johnson and Hendrick Motorsports have shared the prize seven times. Johnson is paid a salary and earns more than $5million in endorsements and sponsorship deals.
Johnson is sponsored personally by companies such as Chevrolet, Gatorade, and Bank of America, in addition to major auto manufacturer sponsorships. He also has a stake in a Chevrolet dealership that bears his name. He also owns several classic cars, including a 1967 Chevrolet Camaro and a collection of Chevrolet Bel Airs. He currently resides in Charlotte, North Carolina. He also has an apartment in New York City and spends some time in Aspen, Colorado.
Jimmie Johnson also earns $10,000,000 from endorsements. In fact, he was ranked as the second-highest-paid NASCAR driver by Forbes in the year 2020. His impressive resume has led to him being called a superstar of his generation. He has won five NASCAR Cup Series championships and the Daytona 500 twice. He is also the owner of the Jimmie Johnson Foundation, which helps families and communities in need.
Johnson has been a television personality for the past ten years. He has also appeared in various films. He was a guest host on ESPN’s “SportsCenter” and appeared in “Las Vegas,” 2005. He also lent his voice to several animated cartoons. His net worth is estimated at over $1 billion.
In 2017, Johnson was the highest-paid NASCAR driver. He earned $17.5 million for the year. In addition to his salary, he also earns $1.9 million from endorsement deals. In 2018, he was the highest-paid NASCAR driver for the third consecutive year.
Sebastian Vettel
Sebastian Vettel has made more than US$40 million during his career. The German racer won four consecutive Formula One championships with Red Bull before switching to Ferrari. He has received multiple endorsement deals that generate a total income of around $300,000 per endorsement. He is also an endorser for many renowned brands like Trend, Infiniti, Pepe Jeans, among others.
The Mercedes-AMG team dominates the single-seater category, but Ferrari expects to come up with a better car for the 2018 season. Sebastian Vettel, who earns an average salary of $15 million annually, is the highest-paid auto racing driver. This makes him more profitable than Matt Ryan, Cristiano Ronaldo, and Lebron James combined.
In comparison, Floyd Mayweather is the highest-paid athlete in the world, but his income depends on the amount he makes per fight. Sebastian Vettel’s Ferrari contract pays him 150 million pounds sterling per year, or approximately $80 million annually. However, the Formula One teams don’t typically divulge the terms of the contracts with drivers. However, he did recently sign a huge endorsement deal with Infiniti.
Sebastian Vettel lives in a medieval-style home in Switzerland. His garage is filled with expensive cars, including his Aston Martin, which is worth approximately 20% of the house’s total value. Vettel will not race for the Aston Martin team in the 2021 season. However, he is still an incredibly talented auto racer who demonstrates a relentless drive to win.
Sebastian Vettel is an accomplished auto racer who loves spending time at the track. He owns a number of vintage motorcycles as well as a collection of cars. In addition to his racing career, he has several endorsements. He is sponsored by Casio watches, Shell, and Pepe Jeans.