Carlos Sainz net worth

How Much Carlos Sainz Earns A Year? Carlos Sainz Net Worth in 2020? Is Formula One driver Carlos Sainz a millionaire? His contract details, houses, and cars. 

Carlos Sainz Jr. is a professional Formula One driver who turned professional in 2015. He began his professional F1 career with the Scuderia Toro Rosso F1 team. Carlos grabbed 18 points during his first year in F1 and finished in 15th place in F1 standings. He remained with the team for three years. He is now set to drive for the Ferrari F1 team, starting from the 2021 F1 season.

Carlos Sainz Ready to Drive for Ferrari F1 team

Sebastian Vettel shockingly announced his retirement from Formula One in April 2020. The news of Vettel’s retirement caused a stir in the F1 world. Since the German F1 professional announced his retirement in April of 2020, Carlos Sainz has been booked to replace the German at the Ferrari F1 team. Meanwhile, Daniel Ricciardo will replace Carlos Sainz at the McLaren F1 team.

Aged 25, Carlos Sainz will join Ferrari on a two-year deal which will be effective next year, in 2021. Ferrari is the most valued F1 team in the world, with a current value of $1.3 billion. Joining hands with Ferrari could give new meanings to Carlos Sainz F1 career. Well, it could be the cherry on the top for the lad.

Net Worth: $6 Million
Date of Birth: September 1st, 1994
Profession: Racing Driver
Height: 1.77 m
Nationality: Spanish

How Much does Carlos Sainz Earn a Season with McLaren?

McLaren is the fourth-most valued Formula One team in the world after Ferrari, Mercedes, and Red Bull Racing. The F1 team is valued at $620 million with annual revenue of $165 million. Obviously, this F1 team pays well. In 2019, Carlos Sainz ended McLaren’s podium drought with his 2019 Brazilian Grand Prix run.

Carlos Sainz net worth
Carlos Sainz has an annual salary of $8 million

He is awarded well for his achievement at McLaren. In 2020, Carlos Sainz has an annual salary of $8 million. His $8 million earning is a result of his base salary, podium points, and endorsements.

Also Read, Valtteri Bottas Net Worth & Annual Earnings.

Carlos Sainz is a Millionaire, His Net Worth in 2021

Carlos Sainz became a professional Formula One driver in 2017. In 2017, he raced for the Renault F1 team. In his first season with the F1 team, Sainz earned a base salary of $1.5 million, boosted by his championship and podium points. Coming to the 2018 F1 season, his net worth was recorded at $3.5 million. So, in his second season in F1, Carlos Sainz was already a millionaire.

In 2020, his net worth is estimated at $6 million. The sudden growth in his net worth is all because of the increase in his payroll at McLaren. In 2020, Carlos Sainz earns $8 million and clearly, he will have a lot of money to walk with at the end of the day. We mean he will have a lot even in post-tax earnings. Now, he is set to join Ferrari in 2021 on a two-year deal. His net worth will obviously be high.

Details on Carlos Sainz’s Endorsements

Carlos Sainz is at his best impressing the audience. Likewise, his growing popularity and fan base is proving equally fruitful for the F1 pro. All thanks to his rising popularity, Carlos Sainz has a number of sponsors to his name. And of course, his extra earnings from endorsement deals will add a good sum to his net worth.

In 2020, Carlos has endorsement deals with Estrella Galicia, a Spanish beer company. Estrella Galicia is his primary sponsor. After all, Carlos is more of a household name for F1 lovers back in his homeland. Additionally, he has other sponsors including PlayStation, Shiseido Men, and McLaren.

Carlos Sainz Rides a McLaren 720s, His Car Collection & Lifestyle

This Formula One driver has a lot to spare on his luxury. Still, he seems very cautious and clearly isn’t extravagant. He is a young lad on the F1 grid and his garage is might appear smaller compared to other racers like Lewis Hamilton.

Carlos Sainz net worth
Carlos Sainz car collection

He owns a McLaren 720s, with a starting price of $295,500. Carlos lives in his family home in Spain. He spent most of this COVID-19 lockdown with his family at his family home.