Two-time F1 world champion Fernando Alonso has an estimated net worth of $240 million.

Fernando Alonso is 42 years old professional Spanish racing driver. At present, he races for the Alpine F1 team. 

Moreover, he is the youngest world champion in F1 history. Alonso won the prestigious title two times in 2005 and 2006, competing for Renault in both years.

Spanish is currently earning $20 million yearly, while some speculate it to be $40 million. Likewise, he also has become the world’s highest F1 racer on multiple occasions. 

Besides, racing Alonso is also a businessman. In 2017, he started his own lifestyle company Kiama.

Not to mention, the driver is the only Spanish F1 driver to have won the World Championships. Likewise, he also has investments in multiple companies. 

Quick Facts

Fernando Alonso | Birth and Family

Fernando Alonso was born on July 29, 1981, in Oviedo, Asturias, Spain. He was born to Jose Luis Alonso and  Ana Maria Diaz Martinez. He has an elder sister, Lorena Alonso Diaz.

Fernando Alonso | Salary and Net Worth

In 2020, making his comeback in F1, Alonso signed a 2-year deal with the Alpine F1 team worth 33 million euros.

Moreover, he earns $20 million, making him the third best-paid F1 racer in the world.

Furthermore, after signing with Ferrari in 2010, Alonso earned $40 million yearly, making him the highest-paid F1 driver for four consecutive years.

Likewise, in 2015 he joined McLaren, he reclaimed his spot in the top for best paid F1 driver again.

Later, in his final year of the contract in 2017, Alonso again became the highest-paid F1 driver after coming second the previous year.

Furthermore, from his previous deals with Reanult, McClaren, Spaniard was making $25 million annually.

According to various online sources, Alonso has an estimated net worth of $240 million. Likewise, he is also considered the third-richest racing driver in F1 history.  

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Fernando Alonso | Endorsement and Investment

Endorsement

Adidas has sponsored Alonso since 2017. Moreover, he has been wearing and promoting the brand, followed by another deal with CitiBank that year. 

In 2020, Alonso tied a sponsorship deal with B&O. They also released wireless earbuds collaborating. 

Furthermore, in 2020 Alonso became brand ambassador and shareholder of Raw Sports drink. Moreover, it was his first deal after announcing his retirement.

Later in February 2020, the Spaniard also became the new brand ambassador of Fi Network. 

Previously, while competing in the Indy 500, he had endorsement deals with Richard Bells, Lucas Oil Products, Bells Sports, and Progressive. 

Investment

In 2017, Alonso founded a clothing brand named Kimoa. He is also the brand ambassador of the brand.

Likewise, Alonso has already released products like T-shirts, swimsuits, sweaters, shoes, sunglasses, and caps.

His brand serves around 150 countries globally. Furthermore, Kimoa also partnered with McLaren.

Then in 2019, Alonso invested in the esports racing platform Motorsports Games. After buying huge stocks, he also became a board member of the company.

Further Partnerships

Similarly, in 2021, Alonso partnered with an investment company named NOVO Holdings Groups. He plans to invest in cycling companies.

In 2015, Spaniard also planned to start his cycling team, but due to huge expenses, it got dissolved. 

Furthermore, he also owns Fernando Alonso Kart. Original Tony Kart manufactures the racing kart for children.

Mainly FA karts are used by children who wish to enter the racing world by participating in go-kart competitions. 

Fernando Alonso | Lifestyle

Fernando Alonso seems to be on wheels when he is not inside his racing car too. He has a passion for cycling.

As a hobby, Spaniard also plans to start his cycling team in the future. 

Cars 

Fernando Alonso has a spectacular car collection that also features Ferrari limited edition car named after the Spaniard. 

Ferrari introduced Ferrari 599 GTB to honor Alonso for his contribution to the brand from 2010-2014.

Moreover, only 40 editions of these were launched worldwide, worth over $300k for one.

Another supercar in his garage is The Elegant-Ferrari 458 Italia which costs $230k. Likewise, it has a top speed of 340k/h and reaches 0-100 in just 3 seconds.

Ferrari gifted luxurious Ferrari California to Alonso after his victory in Malaysian Grand Prix. 

One of the personal favorite cars of Alonso is The Godzilla- Nissan GT-R. 

Although it’s not an expensive car in his collection, Nissan GTR is the dominant classic sports car, reflecting Japanese culture.

One of the expensive cars in his garage is The Dashing-Maserati GranCabrio costing a whopping $355k.

Books and Movies

Fernando Alonso is set to release a book called Racer: The Autobiography in September 2022. 

The book covers his story from his childhood to his time rise to stardom, becoming world champion, and moments of his life on and off the racing.

You can check the trailer for the series right here >>

Similarly, on his remarkable return to F1, Amazon aired 5 part series named Fernando in 2020.

It documents the racing career and personal life of the Spaniard.

Furthermore, Fernando Alonso also has been featured in documentaries like Formula 1: Drive to Survive, Formula 1: BBC Sports, and A Life of Speed: The Juan Manuel Fangio.

Besides that, he also has a documentary named Fernando that is presented as a TV series on Amazon. The first season was released in 2020 and the series awaits a season 2.

Likewise, Alonso also played the role of a voice actor in the Spanish release of the animated movie Cars 2.

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Fernando Alonso | Professional Career

Fernando Alonso signed with Adrian Campos to compete in the 1999 Spanish Euro Open. He won the title and moved to Formula 3000, ending fourth that season. 

Later, in 2001 Alonso debuted in Formula One with Minardi in the Australian Grand Prix.

In 2002, he signed with Renault as a test driver completing more than 1600 laps of testing. Next season, he was promoted to the race team of Renault. 

Champion

In 2005, he went to win San Marino Grand Prix, British Grand Prix, and Brazil Prix. At the end of the year, he became the youngest  F1 champion with 133 points. 

In 2006, Alonso broke the record for being the first driver to secure 1st/2nd in the first nine races of the campaign.

After moving to Mclaren in 2007, he won his debut race in Malaysia. Likewise, he also secured victories at Monaco and Nurburgring. 

However, in 2020 he signed with Alpine making a comeback from his retirement.

But in his debut race for the team, he was forced to retire due to the entrance of plastic debris in his car’s brake duct.

Fernando Alonso | Charity

In 2005, Fernando Alonso was named UNICEF Goodwill Ambassador by UNICEF Spanish Committee mainly to promote children’s rights and awareness. 

Later, that year Alonso participated in the “Beloved Child Project” sponsored by UNICEF in Brazil. 

Alonso visited an Indian hospital for a polio eradication campaign; as soon as landing in India, Alonso interacted with young children in 2011.

Later, he even immunized the oral polio vaccine to 5 patients. Likewise, Alonso gifted Diwali presents to the kids in the wards and paralysis patients. 

Similarly, in 2017 Alonso took part in UNICEF anti-cyberbullying programs. 

During Covid 19 pandemic Alonso collaborated with UNICEF to provide 4,000 protective equipment and 3,00,000 masks to health care workers.

Likewise, in 2021 Alonso joined the UNICEF #MIax10xSiria team to support children suffering from 10 years of conflict. 

Fernando Alonso Foundation & More

In 2007, Alonso also started Fernando Alonso Foundation for promoting motor racing and road safety instruction and training. 

His foundation has been conducting Fernando Alonso Liberbank Foundation Race to fund food banks in Spain for the past ten years. 

The 10th edition of the event was conducted virtually, where 866 individuals participated and raised €4,330.

Spaniards have also participated in various charity football matches. Similarly, he also donates his racing items for auction to raise funds. 

In 2012, Alonso was among the world champion who donated his signed race suits to raise funds for Wings for Life research. 

During his 250th Grand Prix in 2015, Fernando Alonso donated his gears from the occasion for charity to fund volunteer ambulance association Croce Viola.

Interesting Facts

• Fernando Alonso seems to be a fan of language. He can speak four different languages, i.e., English, French, Italian, and Spanish. 
• Likewise, Alonso is also a huge football fan and supports Real Madrid. Moreover, in 2017 he was also made an honorary member of the Los Blancos. Furthermore, he took a traditional photo with president Perez holding a jersey in Santiago Bernabeu in a presentation. 
• Over his 20 years of career, Fernando Alonso has finished behind his teammates only once in the driver standing. In 2015 after missing the beginning of the season, Spaniard fell 5 points behind Jenson Button with 16 points. Furthermore, in 2001 and 2007, he has tied ends with his teammates.
• In 2015, a museum dedicated to Spaniard career was opened named The Museo y Circuito Fernando Alonso. It has more than 300 items featuring a car array, helmets, trophies. Likewise, in 2021, £2million was provided by Alonso to expand the museum. 

Quotes

• “I am a very competitive person in everything. Not only F1 but in everyday life.”

• “If you’re in the best team in the world, you or your teammate have to win.”

• “Every day, every new season is a reset from the last, and you are still hungry for success to do things better and better.”

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Fernando Alonso | Frequently Asked Questions

What is the salary of Fernando Alonso?

Fernando Alonso earns $20 million yearly from Alpine. Moreover, the two-time world champion is the third-highest paid F1 in 2021, behind  Lewis Hamilton and Max Verstappen. 

Furthermore, by the end of his contract in 2022, Spaniard will earn 33 million euros which he signed in 2020. 

Was Fernando Alonso’s win at the 2008 Singapore Grand Prix fair?

At the 2008 Singapore Grand Prix, Alonso’s teammate was ordered to crash intentionally which apparently benefited Fernando who won the event. 

Is Fernando Alonso a Triple Crown?

The driver is yet to be a triple crown. He has won the 2006 and 2007 Monaco Grand Prix and the 2018 and 2019 24 Hours of Le Mans. 

However, the F1 driver has to win at the Indianapolis 500 to be a Triple Crown. 

Where does Fernando Alonso live?

Fernando Alonso has houses in different locations around the world. Moreover, he likes to live a private life and owns properties in Dubai. 

Besides, he also owns two holiday homes in Switzerland and Oxford. Likewise, Spaniard also owns a luxury villa in his native country Spain. 

Did Fernando Alonso have victory at 2019 Daytona? 

Fernando Alonso won the foreshortened 2019 running of the Rolex 24 at Daytona in early 2019.

What did Johnny Herbert say to Fernando Alonso?

Sky Sports F1’s Johnny Herbert suggested Fernando Alonso to retire owing to Alonso’s deteriorating abilities. He stated:

“I don’t think Fernando should come back. The reason why I say that with Fernando at the top of his game, and the last time we saw that was probably in 2011-12 at Ferrari, you could always sense there was a real urgency, particularly in his qualifying laps, he was right on the edge.

What is the relationship between Fernando Alonso and Kimi Raikkonen?

Kimi Raikkonen believes that he shares an “odd” relationship with Fernando Alonso. He revealed it when the two F1 legends partnered up at Ferrari in 2014. The duo had been world title rivals previously.

What does Fernando Alonso say about Michael Schumacher?

Fernando Alonso credits Michael Schumacher as having a strong influence on him among all the World Champions he has raced with in his career. He considers Schumacher as a teacherlike figure him when they teamed up in the 2000s

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