Have you always wondered how rich the F1 team bosses are? Well, then they have the answer for you at Forbes and the ‘Daily Mirror’ because they investigated how rich the F1 team bosses are.
Lists are made every year about how much F1 pilots earn, but what do the F1 team bosses earn or how rich are they? Much less is known about this. However, it became clear last year that Mercedes motorsport boss Toto Wolff joined the group of billionaires last year, at least as Forbes said last year.
And look, we are a year later and Mr Toto Wolff seems to have done very well because Toto Wolff’s fortune is now estimated at no less than 1.48 billion euros. Since Toto Wolff owns 33 percent of the Mercedes F1 team, his total wealth largely depends on the value of the Mercedes F1 team.
Since the value of the Mercedes F1 team has increased significantly in recent years, just like the other F1 teams, Toto Wolff’s fortune increased by more than 500 million euros last year alone. With his total assets of almost 1.5 billion euros, Toto Wolff has a big lead over the second in the list: Christian Horner, according to the ‘Daily Mirror’.
The Red Bull team boss is said to have ‘only’ a fortune of 46.7 million euros and that is a remarkably low figure, especially since according to the latest rumors Christian Horner has an annual salary of around 10 million dollars (9.25 million euros). Of course, this does not mean that your assets will increase by the same amount every year. Christian Horner also has to ‘live’ and spends money…
Overview of estimated net worth of F1 team bosses 2024:
1. Toto Wolff (Mercedes): 1.48 billion euros
2. Christian Horner (Red Bull): 46,7 miljoen euro
3. Alessandro Alunni Bravi (Stake F1 team): 4.7 million euros
4. James Vowles (Williams): €4.7 million
5. Fred Vasseur (Ferrari): 2.9 million euros
6. Andrea Stella (McLaren): 1.4 million euros
7. Laurent Mekies (RB): 1.2 million euros
8. Mike Krack (Aston Martin): 940,000 euro
9. Ayao Komatsu (Haas F1 team): 760,000 euro
10. Bruno Famin (Alpine): 585,000 euro