What is Lando Norris Net Worth as of 2024?

Lando Norris, a British Formula One racer, was born on November 13, 1999, in Bristol, England. Norris began his racing career at the age of eight and quickly gained recognition for his extraordinary skills and personality. He swiftly ascended the ranks, clinching the British Formula 4 Championship in 2015 and the Formula Renault Eurocup Championship in 2017. In 2019, he entered Formula One with McLaren Racing and has become a highly favored driver among fans since then.

Lando Norris’ Net Worth 2024

Lando Norris has an estimated net worth of $30 million, as of 2024. He is a British Formula One driver racing for McLaren. He accumulated his wealth from his racing journey, sponsorships, and endorsements. Norris started his racing journey at eight and made significant strides. Following his victory in the British Formula 4 Championship (2015) and Formula Renault Eurocup Championship (2017), he joined McLaren in 2019.

Lando Norris Salary

Lando Norris has a salary of $20 million with McLaren Racing. He inked a fresh deal with McLaren in 2022, valued at about $20 million annually. This ranks him as the third-highest-earning racer in Formula One, trailing Lewis Hamilton and Max Verstappen. His payouts surged notably since his 2019 Formula One debut when he reportedly earned around $4 million annually. Norris has also signed a multi-year contract with McLaren ahead of the 2024 season.

Lando Norris Endorsements

Lando Norris is highly sought-after by major brands, holding endorsements from McLaren, Bell Helmets, Wearegrip, ADD Management, and PAP. Lando’s endorsement contracts are roughly valued at $10 million annually. His McLaren and Bell Helmets endorsements are the most substantial, each bringing in around $4 million yearly. Other partnerships, like Wearegrip, ADD Management, and PAP, contribute about $2 million each year to his endorsement earnings.

Lando Norris Investments

Lando Norris has showcased his business skills by investing his money into various sectors like real estate, technology, and start-ups. He has some stakes in Projectcore, a London-based property development firm working on upscale apartments. He has also backed tech companies like VirtaMed, known for virtual reality, and DeepMind, specializing in artificial intelligence. Notably, Norris co-founded the esports team Quadrant. His financial acumen is evident as he diversifies his investments across industries.

Lando Norris Other Sources of Income

Lando Norris is a well-rounded figure in the business world. He holds high-profile brand ambassadorships with companies like McLaren, Bell Helmets, Wearegrip, ADD Management, and PAP, totaling around $10 million annually. His smart investments in real estate, technology, and start-ups have amassed around $20 million. As a co-founder of Quadrant Esports, Norris enters the gaming arena, raking in about $5 million yearly. Beyond racing and esports, he has ventured into fashion and fragrance lines, exploring various business endeavors. His diverse ventures highlight his acumen beyond the racing track.

Lando Norris House

Lando Norris currently lives in Monaco like many of the other Formula 1 drivers. He used to live in Surrey, United Kingdom, near the McLaren factory but decided to move to the Principality in 2022. He has been seen playing paddle with other drivers in Monaco as well.

Lando Norris Car

Lando Norris, a British Formula One driver, possesses a varied array of cars. Among his collection are a Rolls-Royce Wraith, a McLaren 720S, a Land Rover Defender, an Audi Q8, a Mercedes-Benz AMG, a Lamborghini Aventador, a Ferrari F8, and a Jaguar F-TYPE. This diverse selection underscores his enthusiasm for both luxury and high-performance automobiles.

Lando Norris Charity Work

Lando Norris has demonstrated his charitable spirit through impactful initiatives. In 2020, he used a Twitch charity stream to gather $10,000 for COVID-19 relief. He promised to shave his head if he made it to $12,000, which was his stated aim. Collaborating with fellow F1 drivers, Lando organized a charitable event called "Race for the World," amassing over $70,000 to support those impacted by the pandemic. These actions showcase Lando's dedication to making a positive difference through his platform as a racing star.