Net Worth & Profile
Fernando Alonso Net Worth and Biography
Fernando Alonso is a Spanish racing driver currently competing for Alpine in Formula One, with an estimated net worth of $260 Million.
Fernando Alonso is a Spanish racing driver currently competing for Alpine in Formula One, with an estimated net worth of $260 Million. He won the series’ World Drivers’ Championship in 2005 and 2006 with Renault and has also driven for McLaren, Ferrari, Toyota, and Minardi. Here is how he accumulated his $260 Million fortune.
Bio Data
| Full Name | Fernando Alonso Díaz |
| Date of Birth | 29 July 1981 |
| Gender | Male |
| Marital Status | Married |
| Career | Car Racer |
| Net worth | $260 Million |
| Nationality | Spanish |
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Biography
Fernando Alonso was born on 29 July 1981 to a working-class family in Oviedo, Northern Spain. He was born to Ana Díaz. and José Luis Alonso, a mine shaft explosives factory mechanic and amateur kart driver. He attended the Holy Guardian Angel Primary Schoo in Oviedo from 1985 to 1995 and the Institute Leopoldo Alas Clarín of San Lazaro until his career in motor racing caused him to leave in 2000.
Alonso’s father wanted a hobby to share with his children, so he built a go-kart for for his first child Lorena. She was uninterested in karting so then three-year-old Alonso received the kart. When he was five, the local racing federation granted him, his mandatory kart racing license.
At the age of seven, Alonso won his first kart race in Pola de Laviana. He won the 1988 and 1989 children’s junior Championships of the Asturias and Galicia and progressed to the Cadet class in 1990. Due to his impressive skill as a Kart driver, Alonso earned numerous sponsorship deals helping the family to defray financial concerns and allowing him to enter the European series.
Alonso won the 1990 Asturias and the Basque Country Cadet Championship and finished second in the 1991 Spanish Cadet National Championship. He also won three successive Spanish Junior National Championships from 1993 to 1995. The results allowed him to progress to the world championships.
Career
Alonso progressed to car racing at the age of 17, winning the Euro Open by Nissan in 1999 and was fourth in the International Formula 3000 Championship of 2000. He debuted in Formula One with Minardi in 2001 before joining Renault as a test driver for 2002. Promoted to a race seat in 2003, Alonso won two drivers’ championships in 2005 and 2006, becoming the youngest pole-sitter, youngest race winner, youngest world champion, and youngest two-time champion in the sport’s history at the time.
After finishing just one point behind eventual champion Kimi Räikkönen with McLaren in 2007, he returned to Renault for 2008 and 2009 and won two races in the former year for fifth overall. Alonso drove for Ferrari from 2010 to 2014, finishing runner-up to Sebastian Vettel in 2010, 2012, and 2013 with the title battles in 2010 and 2012 going down to the last race of the season.
A second stint with McLaren from 2015 to 2018 resulted in no further success. After a two-year sabbatical, Alonso returned to Formula One in 2021 with Alpine. At the 2021 Qatar Grand Prix, Alonso scored his first podium in seven years. Alonso is due to move to Aston Martin for the 2023 season.
At the time of his sabbatical, Alonso had won 32 Grands Prix, 22 pole positions, and 1,899 points from 311 starts. He is currently the only Spanish Formula One driver to have won the World Championship. Alonso won the 2001 Race of Champions Nations Cup with the rally driver Jesús Puras and the motorcyclist Rubén Xaus for Team Spain and thrice entered the Indianapolis 500 in 2017, 2019, and 2020.
Honors and Accolades
Fernando Alonso is a recipient of numerous awards and accolades, thanks to his contribution to Motor sports and charity. He received the 2003 Autosport Gregor Grant Award for winning the 2003 Hungarian Grand Prix. He also won the Princess Cristina National Sports Award for a sporting newcomer in that year.
Alonso was named the Lorenzo Bandini Trophy’s recipient in April 2005. From October 2005 to May 2006 he received the Prince of Asturias Award for Sports, the Premios Nacionales del Deporte Sportsman of the Year Award, and the Gold Medal of the Royal Order of Sports Merit for winning the 2005 F1 World Championship.
He was named the 2006 Autosport International Racing Driver of the Year. Alonso was voted the Indianapolis 500 Rookie of the Year for his performance in the 2017 Indianapolis 500. He was inducted into the FIA Hall of Fame in 2017 for being an F1 World Champion and again as an FIA World Endurance Champion in 2019. This made Alonso the first driver to have been inducted into the FIA Hall of Fame twice.
Fernando Alonso Net Worth
Fernando Alonso is one of the richest car racers in the world in 2022, with an estimated net worth of $260 Million. Due to his enormous F1 salary & numerous endorsements deals, he has been listed as one of the world’s highest-paid athletes by Forbes every year from 2012 to 2018.
The magazine named him motorsport’s top-earning driver from June 2012 to June 2013, one of 2016’s top earning international stars, and one of 2017’s highest-paid international and European celebrities. He has also featured on the Forbes Celebrity 100 list in 2008 and 2017.
Alonso has had business and endorsement deals, with numerous multinational brands across the globe. For example, he has done business with Banco Santander, Cajastur, TAG Heuer, Europcar, Silestone, Liberbank, ING, Chandon, Adidas, and Bang & Olufsen. He is the founder and brand ambassador of the fashion retailer Kimoa.