F1 CEO Stefano Domenicali is richer that most of the star driver on the grid

Stefano Domenicali is presently the CEO of Formula 1. He was appointed as a replacement for the departing Chase Carey from the 2021 F1 season. However, Domenicali has had a vast and successful career in motorsport. He started out in DTM before joining Ferrari’s sporting department. The Italian became the sporting director of Scuderia Ferrari in 2002 and was part of its success with Michael Schumacher.

The Formula 1 CEO is one of the heavyweights in the paddock. Stefano Domenicali is estimated to have a net worth of $120 Million. Unsurprisingly, Stefano earned a vast amount of this wealth during his time at Scuderia Ferrari. As the Team Principal of the most successful F1 team, Domenicali must have enjoyed a lot of perks, albeit not accomplishing his own targets at the team.

Certainly, as the head of F1, Stefano will be further increasing this wealth in the time to come. Formula 1 has grown substantially in recent years, adding to its commercial success. As the pinnacle of motorsport earns more revenue, officials such as Domenicali will surely reap their rewards, and rightly so. Consequently, the Italian is one of the richest personnel in F1 presently.

Stefano Domenicali F1 Salary

Domenicali has a high net worth, consequently, the F1 CEO also earns a big paycheck. Reports state that Stefano receives $20 Million every year from Formula 1. Of course, the figure is not surprising, considering the salaries of other senior personnel in the sport such as Zak Brown or Toto Wolff. Although, Stefano probably does not look for an eight figure paycheck as motivation for his current job.

Stefano Domenicali Endorsements

The F1 CEO is a big figure in the sporting world. As such, Stefano could be an ideal candidate for brands seeking to reach F1’s audience. Domenicali is even in touch with icons of other sports such as the late Gianluca Vialli.

However, it is believed that the Italian currently has no such endorsement deals under his belt. Although, the 58-year-old has become an endorser of F1 itself and its host countries in a bid for commercial success.

Stefano Domenicali Wife

Stefano is married to Silvia Colombo. This endearing couple tied the knot in 2011 in Italy’s Vedano al Lambro. Colombo and Domenicali are enjoying their married life since then. The pair have two kids, Martino and Viola. Although, not much information is available regarding the details of the Domenicali family. The fans do respect the privacy of Stefano and his lovely family.

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