Fernando Alonso Net Worth

How much is Fernando Alonso’s net worth?

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net worth:	$260 million
age:	43
Birth:	July 29, 1981
gender:	Male
Height:	1.71 m (5 ft 7 in)
country of origin:	Spain
Sources of funds:	Professional racing driver
Last Updated:	July 28, 2024

Introduction

Fernando Alonso is a Spanish and former Formula One racing driver from Oviedo, Spain.

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Alonso is often regarded as one of the greatest Formula One drivers in history.

As of July 2024, Fernando Alonso’s net worth is estimated to be $260 million.

early life

Fernando Alonso Díaz was born on July 29, 1981 in Oviedo, Spain.

He has an older sister, Lorena Diaz. He inherited his love for cars and racing from his father, who was an amateur kart racer.

His victories earned him sponsors and funding and he won the Spanish championship in the junior category for four consecutive years from 1993 to 1996.

Livelihood

Fernando lived in northern Spain with his older sister and parents, Ana Díaz, a mine shaft explosives mechanic, and José Luis Alonso, an amateur kart driver.

His father inspired him to become a professional racing car driver, once he gifted him a go-kart which he had built himself.

At the age of five he applied for a kart racing licence, modifying the kart with pedals so he could drive it.

After obtaining his license, he joined amateur racing, and won his first race in the Children’s Junior Championship of Asturias and Galacia.

Like Max Verstappen and many other F1 drivers, Alonso got his start on kart tracks in Europe, where he honed his skills.

Racing against Lewis Hamilton

In the following years he had the chance to talk to karting world champion Mike Wilson, who gave him a test session at a track in Parma.

This inspired him to continue his professional racing career; in 1996, he won the CIK-FIA 5 Continents Junior Cup in Karting Genk.

Fernando made his sports car endurance racing debut at the 1999 24 Hours of Barcelona race, finishing third in the M10 class and tenth overall.

Alonso was scheduled to compete in the 24 Hours of Le Mans race with Porsche’s Le Mans Prototype 1 team, but was pulled out by Honda for unknown reasons.

He made his Formula One debut with Minardi, then joined Renault as a test driver and was promoted to a race seat in 2003.

In addition to winning two consecutive Drivers’ Championships with Renault, he became the youngest pole-sitter, race winner and world champion in F1 history.

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He subsequently received the Princess Christina National Sports Award and the Autosport Gregor Grant Award for winning the Hungarian Grand Prix.

Alonso joined McLaren in 2007 and finished just one point behind eventual champion Lewis Hamilton, who was his main rival.

At the same time, Fernando returned to Renault, won two races and was rewarded with the Lorenzo Bandini Trophy for his achievements.

Promoting motor racing

A few years later, he drove for Ferrari, finishing runner-up three times and winning 32 Grand Prix races in his F1 career.

Shortly after winning the Race of Champions Nations Cup for Team Spain, he entered the 24 Hours of Le Mans race with Porsche’s LMP1 team.

In 2015, the same year that Alonso returned to Formula One with McLaren, he was paired with Jenson Button at the team.

In 2017, Fernando entered the Indianapolis 500 with McLaren Honda Andretti, taking the lead four times in 27 laps before his engine failed with 21 laps remaining.

Fernando then won the 24 Hours of Le Mans twice with Toyota and the 24 Hours of Daytona in 2019 with Wayne Taylor Racing.

He began competing in off-road racing in 2020 with Toyota, including the Dakar Rally, and founded the FA Racing G2 Logitech G eSports racing team.

If that wasn’t enough, Alonso was named a UNICEF Goodwill Ambassador and founded the Fundación Fernando Alonso to promote motor racing and road safety education.

He was also inducted into the FIA Hall of Fame, twice as a Formula One World Champion and FIA World Endurance Champion.

Moving to Aston Martin

Alonso promoted India’s efforts to eradicate polio in 2011 by teaching children about the importance of soap, as well as supporting UNICEF’s anti-bullying campaign.

After being signed to drive for the Alpine F1 Team, he achieved his first podium finish in seven years at the 2021 Qatar Grand Prix.

Soon after, Alonso moved to Aston Martin for the 2023 season alongside his teammate Lance Stroll as he sought a multi-year contract extension.

Fernando achieved a podium finish on his Aston Martin debut at the 2023 Bahrain Grand Prix and finished third at the 2023 Saudi Arabian Grand Prix.

He finished third again at the Australian Grand Prix. On the final restart of the session, his car collided with the Ferrari of Carlos Sainz Jr.

This caused him to receive a five-second penalty, so Sainz was deemed to have finished last out of all cars.

As of July 2024, Fernando Alonso’s net worth is $260 million.

Highlights

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Here are some of the best highlights of Fernando Alonso’s career:

Princess of Asturias Prize for Sport (2005)
Milliyet Sports Award for World Athlete of the Year (2006, 2007)

Favorite quotes from Fernando Alonso

“I don’t have a relationship with God and I never wanted one. I don’t believe in fate or any superior power; if a plane crashes and people die, it’s not because Heaven said so.” – Fernando Alonso

“I’ve always been very calm on the outside. Now I’m not too stressed, just because I’m in Formula One. For me, tomorrow will be a different day, whether I’m first or last. I have to perform as much as possible and I can’t ask anything more from myself.” – Fernando Alonso

“Making a top team and being in a position to win the Tour de France would give me a good feeling. But I know it’s not easy to build a top team from zero. You need good riders, good staff, a lot of preparation and, most importantly, a lot of sponsors.” – Fernando Alonso

“I’m very proud of what we’ve built in Spain, because it’s not a traditional Formula 1 country. I think we’ve got passionate fans and we’ve created a strong culture for the sport – and every day things are getting better, and more and more people are taking an interest in it.” – Fernando Alonso

“For me, getting to where I am now was not destiny – I thought for a long time I would be a go-kart mechanic, or some job like that, not an F1 driver.” – Fernando Alonso

3 life lessons from Fernando Alonso

Now that you know all about Fernando Alonso’s net worth and how he achieved success, let’s look at some lessons we can learn from him:

1. Live

Life is meant to be lived and enjoyed, as ups and downs are always a part of it, just like a roller coaster ride.

2. Learn and grow

The more you learn, the more you grow.

3. Stand up

Failures can be painful and disappointing, even if you tried your best at everything. But that doesn’t mean life should end there. Stand up and live. Stay passionate and confident.

Be strong and keep your faith and make the best of it.

Everything happens for a reason, to teach and improve you and bring you strength.

Frequently Asked Questions

How much is Fernando Alonso’s net worth?

Fernando Alonso’s net worth is estimated at $260 million.

How old is Fernando Alonso?

Fernando Alonso was born on July 29, 1981 and currently, he is 43 years old.

How tall is Fernando Alonso?

Fernando Alonso has a height of 1.71 m, which is equivalent to 5 feet 7 inches.

Summary

Fernando Alonso first became Formula One World Drivers’ Champion in 2005 during his stint with Renault.

He is one of the most respected drivers on the circuit along with Kimi Raikkonen, Sebastian Vettel and Lewis Hamilton.

Thanks to his career statistics, his place as one of the greatest F1 drivers of all time is secure.