Fernando Alonso net worth
Number of divisions: 10
What is Fernando Alonso’s net worth?
Fernando Alonso is a Spanish racing driver who has represented Alpine, Renault and McLaren in Formula One races. Fernando Alonso’s net worth is 260 million U.S. dollars. Every year, he earns 40 million U.S. dollars between income and endorsements. In 2005 and 2006, he won the World Drivers Championship, making him the youngest world champion in the history of the sport. In his first retirement, Alonso won 32 Formula One races and won 22 pole positions.
Early life and career start
Fernando Alonso was born in Oviedo, Asturias, Spain in 1981. His parents are working-class Jose and Anna. He has an older sister named Lorena. When he was young, Alonso studied at the Holy Guardian Angel Primary School and then went to the Leopoldo Alas Clarín College in San Lázaro. At the age of seven, he won his first kart race in Pola de Laviana. Subsequently, Alonso won the 1988 and 1989 Junior Championships in Asturias and Galicia. In 1990, he won the Asturias and Basque Country Junior Championships. Later, after participating in the Spanish Karting Championship, Alonso won the National Youth Championship four consecutive times from 1993 to 1996. His early success continued to win the Trofeo Estival, Marlboro Masters and CIK-FIA 5 Continents Youth Cup. In 1997, Alonso won the International A Championships in Italy and Spain.
The 17-year-old Alonso made his car debut at the 1999 Nissan European Open and won the championship in the final race of the season. In the second year, he qualified for the International Formula 3000 Championship and finished fourth.
The success of Formula One
After serving as Minardi’s test and reserve driver in 2000, Alonso joined his racing team in 2001. The following year, he signed as a test driver for Renault and was promoted to the racing team in 2003. In the second race of the season, the Malaysian Grand Prix, Alonso broke the record for the youngest driver to win pole position. Later that same year, he became the youngest Formula One champion of the Hungarian Grand Prix. In total, Alonso has four podium finishes in 2003, ranking sixth in the World Drivers Championship. Next season, he completed the Australian Grand Prix in third place; in the rest of the year, he completed 3 podium finishes.
The greatest victory of Alonso’s career was in 2005, when he defeated his rival Kimi Raikkonen and won the World Drivers Championship. With 7 victories, 6 pole positions and 14 podiums, he became the youngest driver ever to win a championship. Alonso successfully defended his title in 2006, becoming the youngest two-time world champion in the history of Formula One. In 2007, he signed a three-year contract with McLaren. That year, he won four Grand Prix victories in Monaco, Malaysia, Europe and Italy. Due to various tensions, Alonso and McLaren subsequently terminated their contracts. Alonso subsequently re-signed with Renault and won the championship in Singapore and Japan.
Mark Thompson/Getty Images
Ferrari and returning to McLaren
Since 2010, Alonso has played for Ferrari. That season, he won five games and finished runner-up in the Abu Dhabi Grand Prix. In the second season, he reached the podium 10 times and won the British Grand Prix. In addition, he was runner-up in the Canadian Grand Prix. In 2012, victories in Malaysia, Germany and Valencia helped Alonso finish second with 278 points. In 2013, it won the second place. In his last year of playing for Ferrari in 2014, Alonso finished third in the Chinese Grand Prix, second in the Hungarian Grand Prix, and sixth in the Drivers Championship.
Alonso rejoined McLaren with a three-year contract from 2015 to 2017. He encountered problems in the first year of his return, including accidents and insufficient engine power during pre-season testing. His difficulties persisted in the second year as he was injured in a major crash in the Australian Grand Prix at the beginning of the season. After years of renewing his contract with McLaren, Alonso continued to struggle and ranked 11th in the 2018 Drivers Championship. At the end of that season, he announced his retirement. Alonso stayed at McLaren as a brand ambassador.
Further racing
In addition to Formula One racing, Alonso also achieved success in endurance races. In 2001, he won the National Cup with rally driver Jesús Puras and motorcyclist Rubén Xaus. In 2018 and 2019, he won the 24 Hours of Le Mans and also participated in the 24 Hours of Daytona the following year. In addition, he won the FIA World Endurance Championship in the 2018-19 season. Alonso has also participated in the Indianapolis 500 on many occasions. Starting in 2021, he returned to Formula One to play for the Alpine team.
Personal life and business interests
In 2006, Alonso married the Spanish singer Raquel del Rosario of the popular band El Sueño de Morfeo. After his divorce in 2011, Alonso had relationships with many women.
In terms of business, Alonso cooperates with brands such as Europcar, Silestone, Chandon, Adidas and Liberbank. He is also the founder and ambassador of fashion retailer Kimoa. In 2005, Alonso was appointed as a UNICEF Goodwill Ambassador and has since been committed to a campaign to fight disease and cyberbullying. In addition, Alonso also founded the Fernando Alonso Foundation to promote racing and road safety education. In 2017, he launched the e-sports racing team FA Racing G2 Logitech G, and has participated in the F4 Spanish Championship and the Formula Renault European Cup. Alonso also serves on the board of directors of the e-sports platform Motorsport Games.
