Fernando Alonso is a professional motorsports driver from Spain. The 43 year old currently active in his F1 career and hold contract deal with Aston Martin F1 racing team. The two time F1 world champion hopeful to give tough competition Max Verstappen, Sergio Perez, and Lewis Hamilton in 2024 season. In 2001 he made professional F1 debut with European Minardi F1 team.
| F1 Teams | Base Salary | Bonuses | Contract Years |
|---|---|---|---|
| European Minardi F1 | $350k | – | 2001 |
| Mild Seven Renault F1 (Test Driver) | $200k | – | 2002 |
| Mild Seven Renault F1 | $500k | – | 2003 |
| Mild Seven Renault F1 | $500k | – | 2004 |
| Mild Seven Renault F1 | $10m | $1m | 2005 |
| Mild Seven Renault F1 | $15m | $2m | 2006 |
| McLaren Mercedes F1 | $30m | $2m | 2007 |
| ING Renault F1 Team | $15m | – | 2008 |
| ING Renault F1 Team | $15m | – | 2009 |
| Scuderia Ferrari | $22m | $2m | 2010 |
| Scuderia Ferrari | $22m | – | 2011 |
| Scuderia Ferrari | $33m | $2m | 2012 |
| Scuderia Ferrari | $33m | $2m | 2013 |
| Scuderia Ferrari | $30m | – | 2014 |
| McLaren Honda | $35m | – | 2015 |
| McLaren Honda | $35m | – | 2016 |
| McLaren Honda | $30m | – | 2017 |
| McLaren F1 Team | $30m | – | 2018 |
| Alpine F1 Team | $12m | – | 2021 |
| Alpine F1 Team | $12m | – | 2022 |
| Aston Martin F1 | $10m | – | 2023 |
| Aston Martin F1 | $10m | – | 2024 |
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Fernando Alonso made debut in year 2001, with Formula 1 team European Minardi F1 as per reports he earned between $200k to $350k for his rookie year in F1. After driving as test driver for a year with Mild Seven Renault F1, he signed deal worth of $1m for two years with Mild Seven Renault F1. In 2005 and 2006, Alonso shocked top racers in F1 with his performance become the champion, he earned $30 million for two years which include guaranteed salary and bonuses for winning F1 championship. He become the richest F1 driver after signing deal with Scuderia Ferrari in 2010, the contract with Scuderia Ferrari worth of $165 million including bonuses for finishing in top three positions.
Fernando Alonso net worth is $200 million based on his earnings from Formula 1 and endorsement deals. He is currently making $10 million per season with Aston Martin F1 contract deal. He is still listed among highest paid F1 drivers in the world. In upcoming season 2024, he will drive alongside partner Lance Stroll. Further details of Fernando Alonso career earnings, salaries, bonuses, sponsorship deals and contract extension in F1 reported here later.