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 Valtteri Bottas earn?
If you are a fan of Bottas, 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 F1 team. This is one of the best teams in F1 today.
Therefore, your desire to know how much Valtteri Bottas salary earns is understandable.
Bottas joined formula one in 2012 through Williams Racing team. He would drive for them until 2016.
At the start of 2017, he joined Mercedes following the shocking retirement of Nico Rosberg.
It is reported that Mercedes pays their drivers well and competitively.
That could be the reason many are interested in knowing how much Valtteri Bottas makes. He raced for the team for five years, from 2017 to end of 2021 when he joined Alfa Romeo.
In this article, I intend to share with you details of how much Valtteri Bottas earn 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 Valtteri Bottas salary, his other sources of income and his net worth.
How Much Does Valtteri Bottas Earn?
Valtteri Bottas earns or makes $10 million as an F1 driver at Alfa Romeo today.
In a nut shell, he earns $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 Mercedes F1 team.
With this levels of income, Bottas has been able to build a net worth estimated to be at $20 million today.
Alfa Romeo is paying Bottas, or Valtteri Bottas getting paid $10 million a season.
He is among the top 10 highest paid F1 drivers on the grid today.
How Much Valtteri Bottas 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 Valtteri Bottas makes in F1.
5 Ways Valtteri Bottas Makes His Money
Valtteri Bottas makes money in F1 in the following ways;
- Salary at Alfa Romeo
- Performance bonuses
- Sponsorship income.
- Real estate income
- Coffee business income
If you ask me, this is a smart strategy on his part. Valtteri Bottas has created a diversified way of earning money.
Having the following income streams has enabled Bottas to earn over $10 million per year.
Valtteri Bottas Joins Formula 1
I find Bottas story very interesting.
He joined F1 and made his debut with Williams F1 racing team in 2013. He had been part of a program that was being run and managed by Toto Wolff.
Later, Bottas joined Mercedes in 2017, after the retirement of Nico Rosberg.
Toto would later become his boss and team principal at Mercedes F1 team. However, this time round, he was not being managed by Toto.
Interestingly, Bottas holds the record for the longest pit stop in F1.
How Much Bottas Makes in Formula One
F1 drivers are some of the highly paid athletes in the world. You can understand why.
To be an F1 driver, you have to be extremely talented. With only 20 slots on the grid, this becomes very competitive.
Formula 1 is big business, and as a driver you get compensated to drive for your team.
The hope and goal is to secure race wins, score as much points as possible in a season and potentially win constructors’ or drivers’ championships.
F1 drivers like Valtteri Bottas are paid a base salary, performance bonuses as part of their compensation plan.
Bottas also makes money in F1 from endorsements and sponsorships from brands.
Valtteri Bottas Endorsements and Sponsorships
Over the course of his career in formula one, Valtteri Bottas has secured various sponsorships from brands.
Hyland are the Official Partners of Valtteri Bottas. It is a deal that allows Hyland logo placement on race suit as well as on the side of helmet.
Sponsorships play a big role in helping Valtteri Bottas make money and increases the amount he earns from F1.
Brands such as Hyland and Insijets also get a huge ROI from formula one sport sponsorship.
If you would be interested in learning how F1 sponsors get a return on their investment, you should click here to check out my in-depth article on how F1 sponsors get a return on their investment.
Valtteri Bottas Business Interests Outside F1
Any smart person knows the importance of diversification when it comes to income streams.
It is critical for F1 drivers like Bottas to invest their F1 salary or incomes in other assets outside of the sport.
This would allow them to secure their financial future when they will no longer be earning or making money from F1 racing.
Other F1 drivers like Lewis Hamilton, Daniel Ricciardo, Charles Leclerc and Sebastian Vettel have investments outside F1.
I would guess this is part of their retirement plans.
Bottas Co-Owns a Coffee Business
Like many other people, Valtteri Bottas loves his coffee. In fact, his love for coffee is legendary.
He as extended his love for coffee to business ventures outside motorsport.
Today, he is a co-founder and co-owner of Kahiwa coffee roaster in Finland.
Kahiwa roaster is a successful business, and one of Valtteri’s source of investment income.
Real Estate Investments
Like every other smart investor, Valtteri Bottas has interests in the real estate industry.
He is a major investor and shareholder in Azurite, a Monaco-based property investment company.
Azurite is a firm set up by the serial entrepreneur Nigel Robertson, who resides at Monaco as well.
If you would like to know why F1 drivers live in Monaco, I have written an in-depth article on reasons why F1 drivers live in Monaco.
The resource can help you understand why many formula one drivers like and live in Monaco.
As a property investor, Bottas is keen on taking advantage of the luxury property market in Monaco.
Valtteri Bottas lives in Monaco.
How Much Is Bottas New Contract Worth?
If you only know Bottas as a teammate to Lewis Hamilton, you should know he has since moved from Mercedes to Alfa Romeo.
At Mercedes, he was replaced by George Russell.
So, how much is Bottas new contract worth?
At Alfa Romeo, Valtteri Bottas has signed a multi-year contract estimated to be worth $30 million. It is a three-year deal.
This means Valtteri Bottas will be at Alfa Romeo from 2022 to 2025. It will be interesting to see if he will extend his contract and continue racing for the team.
In 2026, Alfa Romeo will be part of the Audi.
Valtteri Bottas contract deal with Alfa Romeo is worth $10 million per year.
Valtteri Bottas Net Worth Today
While salary or income is one metric, another important metric in the financial well being of Bottas is his net worth.
Today, Bottas is estimated to have a net worth of $20 million.
One of the ways to measure a person’s wealth is to look at the net worth.
I am sure you have heard this term used to describe how one is rich or poor.
Therefore, it is important that you understand what it means when talking about Valtteri Bottas net worth.
Your net worth is the value of all the assets you own, minus the total of your liabilities.
Put differently, your net worth is what you own minus what you owe.
This means that if you own more than your liabilities, then your net worth is positive.
However, if you owe more than you own, you would be considered to have a negative net worth.
That is why it is critical for you, and any other person to always be aware of their financial situation at any given point.
Valtteri Bottas is estimated to be worth over $20 million today. His net worth is positive, meaning he has more assets than liabilities today.
As you enjoy knowing how much Bottas is worth in financial terms, you should also take steps to increase your own net worth.
There are many banks or financial institutions or financial advisors who can provide you with a guide on how to increase your net worth.
Let the story of Valtteri Bottas net worth inspire you to increase your own financial well being.
Valtteri Bottas Books
I am not sure Valtteri would like me having this section.
This is because he once said;
‘’I have never read a book from start to finish in my life’’
This does not mean you should not read books.
I would strongly suggest you do, at least to gather information on how you can build your net worth like Bottas.
Find and read books that help you increase your net worth. This is critical as you will learn how to focus on your expenses and portfolio investments.
Most importantly, you will learn how to increase your earning power, by re-investing in yourself.
Valtteri Bottas has been a great example of re-inventing himself.
His story at Mercedes is full of moments when he had to dig deep within himself to compete with Lewis Hamilton.
My Views on How Much Valtteri Bottas Makes
Once in a while, someone will ask me; what are your views on Valtteri Bottas?
And here is my opinion or views in the Finnish F1 driver.
When it comes to making money, or managing your money, it is a very personal decision.
There are many cases of sports men or women who have made a lot of money, and lost it all.
Valtteri Bottas seems to fully understand how to make money, save it well and invest it into other assets.
That is the best way to ensure that he will have financial resources when he retires from F1 racing.
I do not know why you wanted to know how much Bottas earns or makes, or his current net worth.
My guess would be that you like having money and would love to have more of it.
I would suggest that you find out resources that can increase your financial prowess.
For example, you can read financial books, read personal finance blogs, watch YouTube videos or talk to financial and investment advisors at your local bank.
In conclusion, formula one drivers are some of the highest paid professionals. Bottas is just but one of them.
You have the other twenty F1 drivers on the grid today who earn or make different amount of money per year.
To have a full picture of how Valtteri Bottas earns, you need to understand his streams of income.
Bottas makes money from his salary, bonuses and endorsement or sponsorship deals. He has also invested in various businesses across sectors.
In his time at Mercedes, Valtteri Bottas earned an average of $10 million per year.
Over a five season period, that would be approximately $50 million.
At Alfa Romeo, Bottas signed a multi-year contract, meaning he is going to earn over a period of three years.
It is estimated that Valtteri Bottas is currently worth about $20 million.
Over time, this is going to increase and will be interesting to watch how he grows his income and wealth before he retires from F1 racing.