Charles Leclerc: Formula 1 Driver’s Net Worth & Salary

Charles Leclerc: Formula 1 Driver's Net Worth & Salary
ESTIMATED VALUE20
Million Euros
In Dollars$125 Million
SALARY AT FERRARI ANNUAL22.6
Million Euros
Date of birthOctober 16, 1997 (26 years old)
Nationality Monaco
Marital statussingle
ProfessionFormula 1 driver

How rich is Charles Leclerc?

Charles Leclerc is one of the up-and-coming drivers in Formula 1. After his first season in the premier class of racing, Ferrari signed the fast-paced Monegasque driver. He repaid the trust with some successes. His salary at Ferrari puts him in a very good place on the list of Formula 1 salaries. Charles Leclerc’s estimated net worth is 22.06 million euros.

Charles Leclerc’s salary at Ferrari

When Charles Leclerc came to Formula 1 in 2018, he signed a contract with the Sauber racing team that earned him a relatively manageable 100,000 euros per season. When he moved to Ferrari before the 2019 season, his salary increased noticeably: Leclerc initially received around three million euros per year from the Italians.

Because the Monegasse demonstrated his enormous potential in his debut season, Ferrari presented him with a new employment contract at the end of 2019. This runs for five years until the end of the 2024 season.

According to reports, it is the first time that Ferrari has given a driver such a long contract. It also comes with a salary increase. Leclerc’s annual salary at Ferrari is 22.6 million euros. This makes Charles Leclerc one of the top earners in Formula 1.

Charles Leclerc: Formula 1 Driver

In addition to his wages as a racing driver, Leclerc also receives money from sponsors. Since his youth he has been financially supported by the Swiss watch manufacturer Richard Mille. In May 2020, he also signed a sponsorship deal with the fashion label Giorgio Armani. As part of this, he acts as a brand ambassador and can be seen in advertising campaigns.

From karting to Formula 1

Charles Leclerc was born with a passion for racing. His father Hervé took part in several Formula 3 races in the 1980s, but did not achieve any notable successes. Charles started his career as a kart driver in 2005 and was extremely successful from the start.

He won three regional championships in France by 2008 and won the French karting championship in the Cadet class in 2009. He finished the 2013 Karting World Championship in second place behind Max Verstappen.

In the 2014 season, Charles Leclerc started in Formula Renault and immediately came second in the overall standings. A year later he took part in the European Formula 3 Championship and finished fourth. In 2016, Leclerc won the GP3 series, after which Ferrari became aware of the young racing driver.

The Italians included him in their support program and from then on had him undergo test drives. Leclerc also demonstrated his great talent in the 2017 season when he won the Formula 2 championship.

Early success in Formula 1

Charles Leclerc: Formula 1 Driver's early success

For the 2018 season, the Formula 1 racing team Sauber signed Charles Leclerc. Sauber maintains a partnership with the Fiat Group and uses engines from Ferrari, among others. In his debut season, Leclerc finished in the points in ten of 21 races. After just one year at Sauber, he moved to Ferrari at the beginning of 2019.

There he finished second in his second race, the 2019 Bahrain Grand Prix, and was on the podium for the first time in Formula 1. The Monegasque celebrated his first victory at the Belgian Grand Prix in September 2019. At the age of 21, he was the youngest Ferrari driver to ever win a Formula 1 race.

His second victory followed immediately afterwards at the Italian Grand Prix, Ferrari’s home race. Leclerc finished the 2019 season fourth overall. In the team-internal duel, he left his racing team colleague, four-time world champion Sebastian Vettel, behind. Charles Leclerc will certainly have many more successes in Formula 1.

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