|Date of birth||April 27, 1943 (79 years old)|
|Born in||Graz, Austria|
|Marital status||married to|
|profession||Lawyer, hotelier, entrepreneur, former F1 racing driver, racing team owner|
How rich is Helmut Marko?
Helmut Marko was a promising young racing driver in the early 1970s. However, he then lost his left eye and had to end his career behind the wheel. Instead, he became a hotel owner and team boss – first with his own racing team, then also with Red Bull Racing. He also played a large part in Sebastian Vettel ‘s four world titles and Max Verstappen ‘s 2021 title . Helmut Marko ‘s estimated net worth is €65 million .
This is how Helmut Marko built his fortune
In the early 1970s, Helmut Marko was a Formula 1 racing driver. However, the Formula 1 salaries and prize money at that time were considerably lower than today. As a result, the Austrian only started earning real money as an entrepreneur when he retired in 1972, laying the foundation for his current fortune. He does this on the one hand as the owner of four hotels in Graz and on the other hand as a team boss in racing. He has been leading his racing team RSM Marko since 1984 and was also the manager of many of his drivers. The racing team has been supported by Red Bull (boss: Dietrich Mateschitz ) since 1999, and Marko has also been head of motorsport at Red Bull Racing since 2005 . For this activity he receives an annual salary of 2 million euros.
First JUS studies, then racing
Helmut Marko became friends with Jochen Rindt, who was to become Formula 1 World Champion in 1970, while he was still at school. While Marko was studying law in the 1960s , he was infected by Rindt’s enthusiasm for motorsport. However, he only began his racing career after completing his studies in 1967 with a doctorate. He then started in Formula Vee and became Austrian champion there in 1968. The following year he entered Formula 3. In July 1971, Marko won the famous 24 Hours of Le Mans with Dutchman Gijs van Lennep. A month later, the Austrian completed his first Formula 1 race in Spielberg in his home country. He finished eleventh.