F1 News: Report shows BILLION DOLLAR gap between richest bosses

Toto Wolff and Christian Horner at F1 Testing — Photo: © IMAGO

F1 Off The Track

Report shows BILLION DOLLAR gap between richest F1 bosses

Here are the top three richest F1 team principals according to a report

Originally written by Yara Elshebiny. This version is a translation.

Monday 15 April 2024 17:00

A new report revealed a vast difference between team principals' net worth.

The world of F1 is a glamorous one, awash with million-dollar salaries and extravagant lifestyles.

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Drivers like Max Verstappen and Lewis Hamilton have consistently ranked amongst the highest-earning athletes globally. But what about the team principals who call the shots behind the scenes?

According to a recent list by the Mirror, a significant disparity exists between F1's leading team bosses when it comes to net worth.

Mercedes claimed eight constructor's championships and seven drivers' titles under Wolff's direction

Christian Horner joined Red Bull Racing in 2005

So, who are the wealthiest powerbrokers in F1, and how much are they worth?

Top 3 richest F1 team principals

1. Toto Wolff (Mercedes) - Net Worth: £1.27bn

Wolff sits comfortably at the top of the pile, with a net worth estimated at a staggering £1.27 billion. The Austrian businessman and former racing driver has been instrumental in Mercedes' dominance over the past decade, and his shrewd leadership has undoubtedly contributed to his vast wealth.

Further solidifying his financial standing, Wolff holds the dual role of CEO and owns a significant 33% stake in the Mercedes F1 team.

2. Christian Horner (Red Bull) - Net Worth: £40m

Red Bull's Horner finds himself a distant second to Wolff, with a reported net worth of £40 million. Horner has overseen Red Bull's rise to become a major force in F1 and witnessed the team capture an impressive seven drivers' titles and six constructors' championships.

3. Alessandro Alunni Bravi (Stake F1 Team) - Net Worth: £4m

Rounding out the top three is Stake's Alessandro Alunni Bravi. The Italian, trained as a lawyer, boasts a successful career managing teams in Formula 2.

He was named the new F1 team representative for the Stake squad last year, working under chief executive Andreas Seidl.

Max Verstappen Lewis Hamilton Mercedes Christian Horner Toto Wolff Red Bull Racing