What is Carlos Sainz Net Worth as of 2024?

Carlos Sainz Jr. was born on September 1, 1994, in Madrid, Spain. He is the son of World Rally champion Carlos Sainz who gained attention with his breakthrough podium finish for McLaren at the 2019 Brazilian Grand Prix. His F1 journey took a positive turn with McLaren, followed by a promising start at Scuderia Ferrari. Carlos Sainz Jr. started his racing journey with Toro Rosso alongside Max Verstappen, in 2015. He then joined Renault in 2017, replacing Jolyon Palmer. Carlos’s F1 path showcases both his individual on-track accomplishments and his family’s racing legacy.

Sainz is a driver for Scuderia Ferrari driving the no.55 car alongside star driver Charles Leclerc. Sainz was the sole winner from a different team during the 2023 Red Bull domination in Formula 1. He was also the only winner for Ferrari during the 2023 season. The Spanish driver claimed his first victory in the pinnacle of motorsports in 2022 and has a total of three wins in his career as of October 22, 2024. Carlos Sainz is known as the "Smooth Operator" and "Chilli" in the Formula 1 paddock. Sainz is known for singing the song- Smooth Operator by Sade when he has a good weekend in Formula 1. He has gone head to head with Charles Leclerc throughout his tenure at Ferrari often beating the Monegasque driver to his advantage.

Carlos Sainz’s Net Worth 2024

Carlos Sainz has an estimated net worth of $50 million according to Celebrity Net Worth as of November 2024. He has earned his wealth through his race winnings and endorsements. Sainz's net worth is estimated based on his earnings and assets. Carlos Sainz has reportedly earned a total of $56.7 million throughout his Formula 1 career, as per reports from Spotrac. He has also introduced his own brand of racing karts, which contributes to his net worth.

Carlos Sainz Salary

Carlos Sainz has a salary of $12 million at Ferrari in 2024 according to Spotrac. Sainz earned a total of $6 million in bonuses in 2023 as per Forbes report. His contract with Ferrari is going to end after the 2024 season. Sainz will join the Williams Formula 1 team after the 2024 season on a multi-year contract. His contract details haven't been made public yet.

Carlos Sainz Endorsements

Carlos Sainz is proudly endorsed by various esteemed brands, including Scuderia Ferrari, Estrella Galicia, Schuberth, PlayStation, and Shiseido Me. These endorsements reflect his strong presence in the world of motorsports and his appeal to diverse audiences. Aligning with these reputable companies highlights Carlos's success as a Formula One driver and underscores his ability to connect with fans and consumers. Through these collaborations, Carlos extends his influence beyond the racetrack, contributing to his image as a prominent figure in both the racing community and the broader market.

Carlos Sainz's partner Santander is among the biggest sponsors for Ferrari. The Spanish bank had a deal of $60 million with Ferrari and will be ending the contract after the end of the 2024 season. According to James Vowles, Carlos Sainz will be a huge help to the sponsorship scenario at Williams after he becomes a part of the team.

Carlos Sainz Investments

Carlos Sainz has put his money into two companies, TMRW Sports and Eleven Sports, which work with sports technology. He believes that these businesses have a lot of room to develop. Sainz has also invested in his own brand of racing karts which goes by the name of CS55.

Carlos Sainz Other Sources of Income

Carlos Sainz earns money via endorsement deals and writing books.

Carlos Sainz House

Carlos Sainz owns another housing property, a contemporary-styled one, in Sassuolo, Italy, in addition to his home in Spain. The house boasts a spacious garage, a pool, and a garden, reflecting his affinity for cars and relaxation. The house, with minimalist decor and modern technology, was purchased in 2021. The spacious garage accommodates his entire car collection, including his prized Ferrari F1 vehicle. The pool offers a serene spot for post-race unwinding, while the garden is perfect for hosting gatherings.

Carlos Sainz Cars

Carlos Sainz possesses an impressive assortment of top-tier luxury sports cars. His collection includes renowned models like the Bentley Continental GT, Ferrari Roma, Ferrari 812, Mercedes-Benz AMG GT, and McLaren 720S.

Carlos Sainz Charity Work

Just like many other athletes, Carlos also plays in charity soccer matches. This shows his dedication to helping others and spending time with fellow athletes outside of racing.