What is Fernando Alonso net worth and how he spends his money?

This is how Fernando Alonso lives and spends his fortune: double world champion and motorsport legend who has just signed for Aston Martin.

For some he has been the best driver of the XXI century; for others, one of the best in history, only weighed down by bad luck when choosing a team. Now, he will try a new one: this Monday, August 1, it has become known that Fernando Alonso, double world champion and reference of the Spanish motor, has signed for Aston Martin for at least 2023, although he lets us intuit that it will be some more year.

Thus, he will end 2 years of career with Alpine, the French team with which he returned to Formula 1 and with which he ended his contract, in a surprise move: the head of the team, Otmar Szafnauer, had declared that a decision would be made after the summer break.

Fernando Alonso net worth

"I am happy to share that in 2023 I will be joining Aston Martin Aramco Cognizant F1. This is a really exciting opportunity and I am grateful for the trust placed in me in this multi-year adventure," Alonso announced on his Instagram account.

"I still have the hunger and ambition to fight to be at the forefront and I want to be part of an organization that is committed to learning, development and success. I have seen how the team has systematically attracted great people with a winning pedigree and I have realized this enormous commitment and desire to win," he explains about his signing.

"Until then, there are still exciting challenges to face this season right after the break. I wish you all a good summer vacation and we will return with our batteries well charged," he concludes on the social network.

Although it has been more than 15 years since the Asturian won his first world trophy, including one separate from the F1 circuits, his life in all this time has not stopped being a money-making machine, either inside the Formula 1 track, in the big rally races or in the universe of advertising and sponsorships.

Fernando Alonso net worth future

His future, halfway between karting, e-sports and fashion, could report him as much or more than what he achieves as a driver. And it's not a little: in 2018 he earned 33 million euros between his salary at McLaren and his sponsorships, being the 39th highest-earning athlete on the planet, according to Forbes, although he fell out of the top 100 in 2019.

However, and despite of the year 'sabbatical', the carbayĆ³n (with its 407 million euros earned in F1) has been the third pilot best paid sports history, only behind Lewis Hamilton (435 million) and Michael Schumacher (413 million euros).

Although he continues to make millions in income, during his only year without Formula 1 (2019) he fell out of the top 100 of the highest paid athletes in the world.

He is also not among the 50 highest paid athletes of 2022, which is led by Lionel Messi, with 130 million dollars (127 million euros).

However, his last year before temporarily retiring he was the third highest-earning Formula 1 driver on the grid, behind only Lewis Hamilton (45 million) and Sebastian Vettel (37 million).

Fernando Alonso net worth details

In 2021 he was still the third highest paid driver in Formula 1, with a salary and total earnings of 25 million dollars (24.4 million euros); he is surpassed by Max Verstappen (42 million dollars of earnings) and Lewis Hamilton (62 million).

With 407 million euros earned in F1, he has also been the third in the history of the sport in the number of revenues, surpassed only by Hamilton (435 million) and Michael Schumacher (413 million).

He is the second highest paid Spanish athlete, behind Rafa Nadal, who surpassed him in 2017, and surpassing the Gasol brothers, Ramos, Iniesta and Pique.

Alonso got on a kart for the first time at the age of 3; at 8 he won the children's Lightweight Pola championship...

... and that's because his father had to adapt the pedals to his first kart, which he had previously built (along with an entire circuit) for Fernando's sister, Lorena.

His career is long and dates back to his adolescence. At the age of 16, the young prodigy made a name for himself by winning the Spanish junior kart championship on 3 occasions and once the world championship (1997). In 1999 he was crowned Formula Nissan champion.

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