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Fernando Alonso Net Worth - Formula One Driver 'Magic Alonso'

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Fernando Alonso is a Spanish Formula One driver who has won the World Championship twice. He is known as one of the best drivers in the history of the sport. Alonso is still one of the best and most well-known F1 drivers, but how much does he make, and Fernando Alonso net worth?

Alonso defended his driver's championship in 2006. Since he started F1 in 2001, he has won 32 Grand Prix. During his time at Ferrari, in 2010 and 2012, he almost won another title, but Sebastian Vettel of Red Bull beat him both times.

Alonso has been one of the best drivers on the grid for nearly 20 years because he knows how to get the most performance out of the car.

Quick Facts About Fernando Alonso

NameFernando Alonso
BirthdayJuly 29, 1981
ProfessionRace car driver
Net worth$260 million

COPYRIGHT_PNW: Published on https://purenetworth.com/fernando-alonso-net-worth/ by - on 2023-01-23T11:06:04.146Z

Who Is Fernando Alonso?

Fernando Alonso wearing white jacket and blue cap
Fernando Alonso wearing white jacket and blue cap

Fernando Alonso is a race car driver from Oviedo, Spain, who used to drive in Formula One. People often say that Alonso is one of the best Formula One driver in the sport's history.

Fernando Alonso was born in Oviedo, Asturias, Spain, in 1981. His parents, José and Ana, came from a working-class family. Lorena is the name of the older sister he has. Alonso went to the Holy Guardian Angel Primary School and the Institute Leopoldo Alas Clarn of San Lazaro when he was young.

He won his first kart race in Pola de Laviana when he was seven years old. After that, Alonso won the Asturias and Galicia junior championships for children in 1988 and 1989. He won the Asturias Cadet Championship and the Basque County Cadet Championship in 1990.

After that, Alonso joined the Spanish Karting Championship and won four Junior National Championships in a row from 1993 to 1996. The Trofeo Estival, the Marlboro Masters, and the CIK-FIA 5 Continents Juniors Cup were all won by him early on.

In 1997, Alonso won both the Italian International A championship and the Spanish International A championship.

Fernando Alonso Career

Fernando Alonso will never be matched

Adrian Campos signed Alonso in 1998 so that he could play in the 1999 Spanish Euro Open. He barely won the championship and set a new record. At the Australian Grand Prix in 2001, he raced in Formula One for the first time with the Minardi team. His performance was impressive, and there were times when he did better than his teammates.

He stayed with Renault until 2006. During that time, he did a lot of great things. He won the San Marino Grand Prix in 2005. But he didn't make much of an impression at the Canadian and U.S. Grands Prix.

In 2009, the early races were hard for him. The only time he made the podium was at the Singapore race, where he came in third. He gave his win to Flavio Briatore, who had just died and was his boss.

He won the Malaysian Grand Prix and came in third at the Monaco Grand Prix in 2012. In other races that year, there were crashes and accidents that were very scary. At the end of the year, he was in fourth place.

The way he did in 2012 was similar to how he did in 2013, except that he won the Spanish Grand Prix and came in second.

Fernando Alonso Net Worth

Fernando Alonso MILLIONAIRE Lifestyle: New Babe, New Jet, Life's GOOD!

Fernando Alonso is a Spanish race car driver who has driven for Alpine, Renault, and McLaren in Formula One, among other teams. Fernando Alonso is worth $260 million in total. Between his salary and endorsements, he makes $40 million every year.

He won the World Drivers' Championship in 2005 and 2006, making him the youngest world champion in the history of the sport. At the time he left Formula One for the first time, Alonso had won 32 races and been on the pole 22 times.

With his three-year deal with Mclaren Renault, he earns more than $32 million a year from racing. He was said to have made $40 million in 2017. At the moment, he is the second-richest Formula One driver, just behind Michael Schumacher.

He gets a big performance bonus, which makes a big difference in his net worth in a good way. He is currently #39 on the list of The World's Highest-Paid Athletes by Forbes.

Endorsements Of Fernando Alonso

Fernando Alonso is one of the Formula One drivers who make the most money. People say that he makes a million dollars a year just from endorsements. He is often sponsored by his own brand, Kimoa, whose shirts and sunglasses he can be seen wearing.

In 2017, he was backed by many well-known brands, such as Adidas. He was also backed by B&O, a company that made wireless headphones. He was named the new brand ambassador for Fi Network in February 2020.

Throughout his career, he has also been backed by Richard Bells, Progressive, Bell Sports, and more.

Business Interests Of Fernando Alonso

Alonso has teamed up with companies like Europcar, Silestone, Chandon, Adidas, and Liberbank on the business side of things. He also started and is the face of the clothing store Kimoa. Alonso was named a UNICEF Goodwill Ambassador in 2005.

Since then, he has worked on campaigns to fight disease and cyberbullying. Alonso also started the Fundación Fernando Alonso to promote racing and teach people how to be safe on the road.

In 2017, he started the eSports racing team FA Racing G2 Logitech G, which has competed in the F4 Spanish Championship and the Formula Renault Eurocup. Alonso is also on the board of directors for the eSports site Motorsport Games.

Charity Works Of Fernando Alonso

Fernando Alonso gives money to Sightsavers International. It works to stop people from going blind in developing countries by giving them eye care and specialist treatment.

They also help people who are blind for good by teaching, counseling, and training them. He is also the UNICEF's goodwill ambassador. Fernando started the Fundación Fernando Alonso in 2007. This is a group that works to make roads safer.

How Has Fernando Alonso Spent His Wealth?

Fernando Alonso's Personal F1 Collection | Eᴘ40: Sᴘᴀɪɴ

Reports say that Fernando Alonso owns mansions in Spain, Switzerland, England, and Dubai, as well as in his home country of Spain.

And, of course, his garages are full of Ferrari, McLaren, Maserati, Porsche, Lamborghini, Nissan, Renault, and many other supercars, exclusive sports cars, and rare collector's items. People think that Alonso owns up to 300 cars, which are kept at the Fernando Alonso Sports Complex.

Interesting Facts About Fernando Alonso

  • Fernando Alonso is a well-known Formula One race car driver.
  • Since he started working in this field in 2001, he and his team have earned many titles and positions.
  • He has won 32 Grand Prix races, with 22 pole positions and 97 podium finishes.
  • Fernando Alonso is worth $240 million in total.
  • He is said to be making $20,000,000 per year from the team Alpine.
  • In 2017, he had the fastest lap time on record.
  • Fernando Alonso has bought and put his money into many things, like houses, cars, yachts, museums, and more.
  • He also has a brand of beachwear called Kimoa.
  • People think that he got his love of cars and racing from his father, who used to drive a kart for fun.

People Also Ask

How Much Is Fernando Alonso Worth?

Fernando Alonso has driven some of Formula's most famous and successful teams. In 2018, his last year with McLaren, he was named the 39th highest-paid athlete in the world, with earnings of about $33 million. All of this adds up to a huge net worth of about $260 million, which is a lot of money.

Why Did Alonso Leave McLaren 2007?

The last time the Spaniard was on the team, in 2007, there was a lot of tension, suspicion, and competition. This led to Alonso leaving McLaren too soon, ending what could have been a great partnership.

Why Did Alonso Leave Ferrari?

In 2014, Alonso and team principal Marco Mattiacci had a lot of disagreements. Alonso left Ferrari after contract talks to stay with the team failed. He went back to McLaren on a three-year contract with no way out from 2015 to 2017.

Conclusion

In 2005, when he was racing for Renault, Fernando Alonso won his first Formula One World Drivers' Championship.

Along with Kimi Raikkonen, Sebastian Vettel, and Lewis Hamilton, he is still one of the most respected drivers on the track. Because of how his career turned out, he will always be one of the best F1 drivers ever. Fernando Alonso net worth as of 2023 is $260 million.

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