Sebastian Vettel: net worth and previous Formula 1 salaries

Million Euros
Million Euros
Million Euros
Formula 1 World Champion 2010, 2011, 2012, 2013
Former Ferrari Salary (2020) 45 million euros
Former Salary at Red Bull (2014) 16 million euros
Date of birth March 07, 1987 (35 years old)
Born in Heppenheim, Germany
nationality Germany
Marital status married to Hanna Sprater
profession Formula 1 racing driver
children 3 (Emily, Matilda, Boy)
size 1.76 m
Weight 58kg

How rich is Sebastian Vettel?

He was undoubtedly one of the greatest talents that Formula 1 has seen to date. The Red Bull Racing Team as the 1st employer (2009-2014) paid him princely with around 16 million euros a year and there were also success bonuses and high-paying advertising contracts. The money he earned at Ferrari in 2015-2020 could make him one of the top earners in Formula 1. The sum at Aston Martin (2020-2021) was around  15 million euros per season. Sebastian Vettel has an estimated net worth of around 250 million euros .

Sebastian Vettel will end his Formula 1 career on November 20, 2022 after the last Grand Prix of the season in Abu Dhabi. The career statistics:

  • 4 world titles: 2010, 2011, 2012, 2013
  • 299 launches
  • 53 wins
  • 122 podiums
  • 57 poles

Career as Formula 1 driver

Vettel’s special ability to do his job is a prerequisite for the series of successfully completed races. Building on this, you need a coherent overall concept of training, willingness to perform and relaxation. What leads to success is hard work, and it is rewarded accordingly.

The Formula 1 driver, like his racing team, keeps a low profile about the exact income. Our information may be based on experience and comparative values, occasionally also on observations and one or the other unofficial tip. Even after winning the F-1 series in 2013, Red Bull did not provide any information about the bonuses that Vettel could expect in addition to the “normal salary”. It can therefore only be said that Sebastian Vettel’s fortune currently amounts to an estimated 250 million euros , which he has earned through his sporting achievements and advertising contracts.

How much money did Sebastian Vettel earn in Formula 1?

Success is rewarded and outstanding achievements result in special remuneration. In prestigious and advertising-heavy sectors such as Formula 1, these sums are comparatively high. Nevertheless, fellow racing drivers  Fernando Alonso  and  Lewis Hamilton have been  at the top of the Formula 1 payroll for a long time and earned more money. At the beginning of October 2016, Sebb announced that he would not renew his contract with Red Bull Racing until 2015 . He switched to Ferrari, replacing Fernando Alonso, who switched to McLaren.

The conditions for this were increased again after his previous world champion titles and he received a fixed amount of 50,000,000 euros in the first year (2015). In the years that followed, his base salary was €30,000,000 + bonuses for points and race wins. We’re talking about a million per win here. In May 2020 it was announced that Ferrari would like to extend Seb, but at half the salary. Vettel will therefore no longer drive for Ferrari in the 2021 season and the rumors are condensing into a contract with “Aston Martin”.

Salary at Aston Martin

At Aston Martin Racing, Sebastian will earn “only” 15 million euros per season from 2021 and will drive alongside teammate Lance Stroll. The team’s owner is Lawrence Stroll , Lance’s father. The predecessor Sergio Perez received a severance payment of 10 million euros and had to leave the team early despite a valid contract until 2022 and switched to Red Bull Racing.

Top advertising contracts

Vettel’s successes also generate secondary income. The curve of interest in F-1 events, which fell when Michael Schuhmacher ended his active career, has been pointing upwards again since the Heppenheimer has been on the road to success. Both sponsors and advertising partners can pay for this. Through his appearances as a testimonial for various brands and products such as Braun , Tirendo and the global corporation Procter & Gamble, the young star, who will just be 29 this year, has advertising contracts worth between three and four million euros generate annual income. Surprisingly, Vettel remains very modest. Industry experts confirm that it has much greater potential than it is currently exploiting. More than double the current advertising revenue should therefore be possible.

The house of Sebastian Vettel

How much gold is not so easy to determine in the case of Sebastian Vettel. His refuge in the canton of Thurgau in Switzerland could not be determined due to the lack of official information about the purchase price, market value and estimated value. The domicile should not have been cheap, considering the location and size. The Formula 1 star has around 60 hectares to which he can withdraw.

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