Fernando Alonso Net Worth in 2024: How Much Is He Worth?

Name	Fernando Alonso
Age	42
Occupation	Formula 1 Racing Driver
Net Worth	$260 Million
Salary	$24 Million
Marital Status	Unmarried
Endorsements	Kimoa, Boss, Citi Bank
Residence	Spain

At the ripe old age of 42, Fernando Alonso still stands as one of the best Formula 1 drivers on the grid – and of all time, of course. He is the most-tenured F1 driver of all time, having participated in 377 races over his (as of now) 20 seasons at the pinnacle of motorsport. He is also one of the most successful F1 drivers of all time, with his 32 wins proving enough for 7th place in the all-time wins list. His two world titles (with Renault in 2005-06) put him joint fifth on the all-time championship wins list.

Some would argue that he maybe should have won a few more, with notable examples being 2010 and 2012, when he narrowly finished second to Sebastian Vettel. 2007 is another example, where he finished just one point (albeit level on points with teammate Lewis Hamilton) behind the champion – Kimi Raikkonen. One thing anyone can’t argue against is that he is a legend of the sport. In 2017, he ‘retired’ from F1, but soon came back.

Even after his Formula 1 comeback with Alpine, he has continued to raise eyebrows. 2021 was good, and 2022 was even better – with the points tally not reflecting what could have been. A common theme in his career. In the time that he has left, he will be looking to notch up that third world title, now with Aston Martin. There are still a few ‘chapters’ left. The Spanish driver achieved multiple podiums with his new team this season.

Apart from Formula 1, Fernando Alonso has also won the 24 hours of Le Mans in 2018 and 2019 and the FIA World Endurance Championship in 2018-19, all with Toyota Gazoo Racing. The legend of Fernando Alonso continues to grow, and his net worth reflects that legend – on-track success translates to financial success. This article delves into Fernando Alonso’s net worth, F1 salary, endorsements, and much more.

Fernando Alonso Net Worth 2024

Fernando Alonso has driven for some of the biggest and most successful names in Formula history. The Spaniard began his career with Minardi in 2001 and was deftly snatched up by Renault, with whom he won two championships – to date, his, and Renault’s (as a works team) only two titles. He then moved to McLaren, then back to Renault, and then spent 5 seasons with the most successful Formula 1 team of all time – Ferrari. Then he went back to McLaren.

During his final season at McLaren (2018), he was named the 39th highest-paid athlete in the world, with his total earnings amounting to about $33 million. The two-time world champion has earned big bucks during his time at Alpine and Aston Martin as well. All of this adds up to a whopping net worth of about $260 million, as estimated by celebritynetworth.com.

Fernando Alonso Formula 1 Salary

Once upon a time, Fernando Alonso was the highest-paid driver in motorsport. Even now, in 2023, he was one of the highest-paid Formula 1 drivers on the grid, reportedly taking home about $24 million from Aston Martin. Certainly, Alonso will continue to earn a lucrative sum in 2024. As Aston Martin tries to retain the world champion for the foreseeable future.

Fernando Alonso Bonuses

Fernando Alonso is one of the most popular drivers in Formula 1. As such, it is no surprise that the two-time champion would have some big bonuses embedded in his contract. As per Forbes, the Spanish driver earned $10 Million from bonuses in 2023. Certainly, Alonso’s impressive podium finishes played a part in this figure.

Fernando Alonso Endorsements

Fernando Alonso often sports sunglasses and caps, many of which are made by his own fashion brand – Kimoa. It was founded back in March 2017, and apart from sunglasses, also sells clothing and other accessories. Although Alonso reportedly owns only a 25% stake in Kimoa as of now. Apart from his own company, he is also associated with Citibank, who sponsored him at the 24 Hours of Daytona in 2018. Back in September 2022, he was also present at an ‘Asia Pacific Macro Investor Conference’ conducted by Citigroup.

The 42-year-old became an ambassador for fashion icon Boss in 2023. Additionally, Alonso has also been associated with Banco Santander, TAG Heuer, Adidas, Dutch banking corporation ING, and Chandon, among others.

Fernando Alonso Investment in Businesses

The 42-year-old is known for establishing Kimoa as his own clothing brand. However, Alonso decided to sell a majority stake in the company in a bid to cash in on his efforts while retaining a minority stake. Moreover, the two-time world champion also founded the Fernando Alonso Karting School few years ago to provide a platform for young racers.

Fernando Alonso Investments in Real Estate

Fernando Alonso is one of the richest sportsmen in the world, having been counted amongst the highest-paid people in motorsports (and all sports) once. In line with this, he obviously holds some luxurious houses and properties. As per GQ Australia, Alonso has houses in Dubai (UAE), Oxford (UK), and Switzerland. He has also previously lived in Mont-sur-Rolle in Switzerland. Apart from these, he is also reported to own a villa in his native Spain, in the north of the country.

Fernando Alonso Car Collection

Formula 1 drivers often have expansive (and expensive) car collections, and Fernando Alonso is no different. In fact, his car ‘collection’ is probably larger than most. The Fernando Alonso Sports Complex, located in Llanera in Asturias (Spain), reportedly has about 1500 vehicles on display (as per Hot Cars), 300 of which are personally owned by Alonso. These include his championship-winning Renault R25 and R26 cars, and all of the Formula 1 cars which he raced in before 2016.

He has quite a collection of ‘legal-road cars’ as well. Alonso spent five seasons at Ferrari and owns numerous cars from the iconic Italian manufacturer. Back in 2012, he was awarded a Ferrari FF for winning the Malaysian Grand Prix (it is unknown if he still has the vehicle). He is reported to own a Fernando Alonso Edition Ferrari 599 GTB (which auctions for about $300,000 – $350,000). He also owns a Ferrari California and a Ferrari 458 Italia ($230,000). But the crown jewel of his collection is probably the McLaren P1. Recently, he also acquired an Aston Martin DBX 707, following his move to their F1 team.

Expectations were exceeded . Dream car ?. @AstonMartinF1 @astonmartin #astonmartin #dbx707 pic.twitter.com/AEPpJp3jvp

— Fernando Alonso (@alo_oficial) January 4, 2023

Fernando Alonso Watch Collection

Like his peers, Fernando Alonso owns some exquisite watches. The 42-year-old even has a special edition watch made for him, the Richard Mille RM67-02 ‘Fernando Alonso,’ this exclusive piece even has the colors of the Spaniard’s crash helmet. The two-time champion also owns the Richard Mille RM-011 Flyback Chronograph Felipe Massa “Black Night” made after his former Ferrari teammate.

Moreover, Alonso owns a $1 Million worth Richard Mille RM47 Tourbillon and a special Richard Mille ‘McLaren’ RM 50-03 Tourbillon Split Seconds Chronograph.

Fernando Alonso Girlfriend & Dating History

Fernando Alonso is currently rumored to be dating Melissa Jimenez, an F1 commentator for DAZN Spain. Although the pair have not officially commented on such speculation, it is believed that the two have been dating since mid-2023. Jimenez previously covered MotoGP and her father Antonio Jimenez is an engineer in the two-wheeler championship.

Before Melissa, Alonso was even linked with Taylor Swift. The Aston Martin driver even played in on the rumors on TikTok. However, the two never dated. Previously, the Spaniard was in a relationship Andrea Schlager, an Austrian sports journalist who currently covers Formula 1 for ServusTV, in addition to covering MotoGP and tennis. Alonso was previously in a relationship with Linda Morselli, an Italian model and television personality, for around 6 years.

Initially, Fernando Alonso married Spanish singer, Raquel del Rosario on 17 November 2006. But the beautiful couple parted ways in 2011. After which Alonso was rumored to be dating Russian models, Xenia Tchoumitcheva and Dasha Kapustina at different times.

Fernando Alonso Charity Work

Fernando Alonso supports the Sightsavers International foundation, who support people irreversibly blind people by providing education, counseling, and training. He is also a goodwill ambassador for UNICEF. In 2020, in the midst of the COVID-19 pandemic, he donated 4,000 sets of PPE (personal protective equipment) and 300,000 masks to healthcare workers fighting the Coronavirus.

Fernando Alonso (@alo_oficial) has donated 4,000 sets of personal protective equipment (PPE) and 300,000 masks to protect those fighting the #Coronavirus

Image: @unicef_es pic.twitter.com/UFsO1cFcP8

— RaceFans (@racefansdotnet) March 31, 2020

In 2007, he founded the Fundación Fernando Alonso, which aims to promote road safety and motor racing.

What is Fernando Alonso’s net worth?

As of 2024, Fernando Alonso’s net worth is estimated to be around $260 Million.

What is Fernando Alonso’s age?

Fernando Alonso was born on 29 July 1981, in Oviedo, Spain. He is currently 42 years old.

How much does Fernando Alonso earn via his salary?

Fernando Alonso reportedly earns a salary of about $24 Million.

How many times has Fernando Alonso has won Formula 1?

Alonso is a two-time Formula 1 World Champion.

When did Fernando Alonso return to F1?

After a break of 2 years, Fernando Alonso made his return to F1 in 2021, with the team he’d won his two world titles with – Renault.

Which team Fernando Alonso drives for?

He is currently driving for ‘Aston Martin Aramco F1 Team’.

How old was Alonso when he started go-karting?

He was only 3 years old. The kart, built by Alonso’s father, was originally meant for Fernando’s elder sister. However, she wasn’t interested and it was ‘passed down’ to young Fernando. The rest, as they say, is history.

When did Fernando Alonso win 24 Hours of Le Mans?

Fernando Alonso won Le Mans in 2018 and 2019.

Is Fernando Alonso divorced?

Yes, he was initially married to Raquel Del Rosario on 17 November 2006, but the pair split in 2011.

Who is Fernando Alonso currently dating?

Fernando Alonso is currently rumored to be dating Melissa Jiminez, who covers Formula 1 for DAZN.

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