How Much Does Carlos Sainz Make

how much does carlos sainz make

The fascination with how much someone makes or earns is always big in formula one. It is understandable. F1 is the most prestigious sport in the world. So, how much does Carlos Sainz make?

If you are a support of Carlos or Ferrari, you could be interested in knowing how much salary he earns from racing.

When it comes to formula 1 racing, it does not get better than driving for Mercedes. This is one of the best teams in F1 today.

Therefore, your desire to know how much Carlos Sainz salary earns is understandable.

Sainz joined formula one in 2012 through Williams Racing team. He officially joined F1 in 2015.

At the start of 2021, he joined Ferrari following the controversial exit of Sebastian Vettel’s who moved to Aston Martin.

It is reported that Ferrari pays their drivers well and competitively.

That could be the reason you are interested in knowing how much Carlos Sainz makes.

In this article, I intend to share with you details of how much Carlos Sainz makes as a formula one driver.

You will also get a glimpse of how he spends the money he makes in F1.

This is a look at Carlos Sainz salary, his other sources of income and his net worth.

How Much Does Carlos Sainz Make?

Carlos Sainz earns or makes $10 million as an F1 driver at Alfa Romeo today.

In a nut shell, he is making or earning $10,000,000 per year from racing activities. This is one of his main sources of income today.

This is the same as the reported $10 million per year he earned when driving for Renault F1 team.

With this levels of income, Carlos Sainz, whose father was a rally driver, has been able to build a net worth estimated to be at $20 million today.

Ferrari is paying Sainz Jr about $10 million a season.

How Much Carlos Sainz Makes in F1

As you are learning from this article, F1 drivers make a lot of money from their racing activities.

If you would like to learn how much money F1 drivers make, I have written an in-depth article on how much F1 drivers earn or make from their teams. You can go and read it here.

However, in this particular section, you are going to learn how much Carlos Sainz makes in F1.

Conclusion

In conclusion, formula one drivers are some of the highest paid professionals. Sainz Jr is just but one of them.

To have a full picture of how Carlos Sainz makes money, you need to understand his streams of income.

Sainz makes money from his salary, bonuses and endorsement or sponsorship deals.

In his time at McLaren, Carlos Sainz earned an average of $10 million per year.

At Ferrari, Sainz signed a multi-year contract worth a huge sum, meaning he is going to earn over a period of three years.

It is estimated that Carlos Sainz is currently worth about $20 million.

Over time, this is going to increase and will be interesting to watch how he grows his income before he retires from F1 racing.