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$2 million
- Andreas Seidl is the current Team Principal of McLaren F1, joining the team in 2019. He is currently paid $2 million and has a net worth of $6.5 million to his name.
www.sportskeeda.com › f1 › 5-richest-f1-team-principals-current-grid5 richest F1 team principals on the current grid - Sportskeeda
Dec 15, 2023 · Andrea Stella, in his role as the team principal of McLaren in Formula 1, receives an estimated salary of $7,600,000. Andrea Stella is a prominent figure in Formula 1, known for his technical expertise and leadership within top racing teams.
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- O Wolff Net Worth – $1.6billion
- Christian Horner Net Worth – $50M
- Alessandro Alunni Bravi Net Worth – $5M
- James Vowles – $5M
- Fred Vasseur – $3M
- Rea Stella – $1.5M
- Mike Krack – $1M
- Ayao Komatsu – Unknown
- Laurent Mekies – Unknown
- Oliver Oakes – Unknown
Prominent American business magazine Forbeslisted Mercedes CEO and team principal Wolff as having hit the landmark of becoming a billionaire in April 2023, making it onto the official list of Forbes Sports Billionaires for the first time. Though with the increased value of his stake in Mercedes, his net worth grew by a reported $600m for 2024, acco...
It’s a significant gap between first and second on this list, but Red Bull team principal Horner still counts himself among the richest people working in Formula 1. His reported salary is also believed to be more than $10m per year at Red Bull, which would make him the highest-paid of the individual F1 team principals in the paddock. Horner became ...
Alunni Bravi is not officially Stake F1’s team principal, rather called their ‘team representative’ under chief executive and former McLaren team boss Andreas Seidl, and he took the reins following the departure of Fred Vasseur as he moved to Ferrari. He has been on the board of Sauber for several years, however, with the lawyer having been their g...
Vowles is one of the newer team principals in Formula 1, having taken on his first top job with Williams in 2023, but the long-time strategy director at Mercedes was one of the key cogs behind the team’s title successes throughout the turbo hybrid era and will naturally have been put into one of its highest-paid positions. Vowles was with the Brack...
Moving to Ferrari is likely to see Fred Vasseur move up the reported net worth list among F1 team principals in future, having previously been at Alfa Romeo Sauber and Renault as team boss over the previous six years. He has moved into one of the most prestigious, and most highly-pressured, jobs in Formula 1, and his reported salary is expected to ...
Like Vowles at Williams, Stella is also in his first role as team principal in Formula 1, having been a long-time presence in the paddock with different teams. Stella took the reins at McLaren after Andreas Seidl left for Sauber, earning a promotion from racing director with the team having worked under Seidl previously. He began his career in Form...
Krack is in his first role as a team principal, having replaced Otmar Szafnauer at Aston Martin, but his experience in the sport goes back to BMW Sauber in the mid-2000s, where he worked as chief engineer. He went on to work in multiple different series across motorsport in the 2010s in an engineering capacity, spending eight years with BMW in IMSA...
In a similar position to Famin, F1’s newest team principal does not have a reported net worth, but will likely have been earning a decent salary for most of his F1 career. Ayao Komatsu spent time at the likes of BAR and Lotus before moving to Haas in 2016 to become their trackside engineering director, and stepping up to replace Guenther Steiner as...
Like his other new team principals, Laurent Mekies does not have a widely-reported net worth, though having worked in high-ranking positions in his career, he will likely have been earning a decent salary throughout. He took over from Franz Tost at RB, rebranded from AlphaTauri, at the start of 2024, having previously been with the Faenza-based tea...
Having taken the reins from Bruno Famin at Alpine in 2024, Oliver Oakes took on the mantle of becoming the second-youngest team principal in the history of Formula 1 aged just 36. His net worth is unknown, but having founded the successful Hitech Grand Prix junior team and performed in junior categories prior to that, he has operated a business suc...
Sep 29, 2022 · Andreas Seidl is the current Team Principal of McLaren F1, joining the team in 2019. He is currently paid $2 million and has a net worth of $6.5 million to his name.
Jun 29, 2022 · F1 team principals typically earn anywhere from $1 million to $10 million, but it’s hard to know the specific numbers as team principals don’t disclose their salaries. How much an F1 team principal earns depends on the team’s finances, how well it performs, and the team principal’s experience.
Jun 22, 2023 · The highest-paid team principal currently in Formula 1 is Red Bull Racing boss Christian Horner, who is paid an estimated annual salary of $10 million per year, though this could have...
Aug 1, 2024 · McLaren has published an announcement of a multi-year contract extension for Andrea Stella as the Team Principal of the McLaren Formula 1 Team. This significant decision underlines...
Jun 14, 2024 · The top F1 team principals earn great salaries while navigating the pressure of ensuring every team member performs well on race day. Christian Horner is the highest-paid Formula One team principal, earning $8 million annually.
