Carlos Sainz Jr net worth: What is Sainz’s contract with Ferrari?

Carlos Sainz Jr net worth: Carlos Sainz Jr. who has a net worth of $46 million dollars, is a Formula 1 driver who races for the Scuderia Ferrari team, and he’ll be hoping to enjoy some success in the 2022 Austrian GP on Sunday.

The Spanish driver is the son of multiple rally champion Carlos Sainz senior and began racing in Formula 1 since the 2015 season, alongside Max Verstappen.

Carlos Sainz’s early life

Sainz began his motorsports career racing karts internationally. In 2008 he won the Asia-Pacific KF3 championship and finished as the runner-up in the Spanish Championship. Sainz would then make his car racing debut in 2010, competing in the Formula BMW European Championship.

In 2011 he competed in the Formula Renault 2.0 and Formula Renault NEC championship finishing second in the former and first in the latter. Sainz would also be picked up by the Red Bull Driver Academy and claim his second junior racing champion in 2014 when he won the Formula Renault 3.5 Series.

Carlos Sainz Formula 1 Career

His championship in 2014 earned him a drive with Toro Rosso as a teammate to 2021 champion Verstappen. Sainz would finish behind Verstappen during their short time as teammates with the Spanish driver departing Toro Rosso for Renault in 2017.

Sainz would then get his big break with McLaren in 2019 partnering with Lando Norris where the Spaniard claimed a series of podiums and maintained his advantage over his young teammate. Sainz then moved to Ferrari for 2021 where he is currently fourth in the 2022 Drivers’ Championship.

Carlos Sainz’s Net Worth

Carlos Sainz is currently one of the richest and most influential personality with an estimated net worth of $47 million dollars as of the time of this post.

How did Carlos Sainz become so rich?

A large part of Sainz‘s net worth comes from his F1 salary. The Spanish race winner was reportedly on a contract worth 8m dollars at McLaren and his contract at Ferrari is worth approximately the same amount. In April 2022 Sainz extended his deal with Ferrari till 2024 with the Spaniard reportedly earning 10m dollars in his latest deal. Sainz also has an exclusive partnership with Spanish beer company Estrella Galicia.

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