Checo Prez Net Worth: How Much Does the Mexican F1 Driver Make?
Checo Prez Net Worth: A Look at the Mexican Racing Driver’s Financials
Sergio “Checo” Prez is a Mexican racing driver who currently competes in Formula 1 for Red Bull Racing. He has been racing in Formula 1 since 2011, and has won 10 races in his career. He is also a two-time winner of the Monaco Grand Prix.
Prez is one of the most successful Mexican drivers in Formula 1 history. He has won over $50 million in prize money during his career, and he also has endorsement deals with several brands, including Puma, Red Bull, and Telcel.
In this article, we will take a closer look at Checo Prez’s net worth. We will discuss his career earnings, his endorsement deals, and his personal investments. We will also provide an estimate of his current net worth.
By the end of this article, you will have a better understanding of Checo Prez’s financial situation and how he has become one of the most successful drivers in Formula 1 history.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2023 | $40 million | Forbes |
| 2022 | $35 million | Forbes |
| 2021 | $30 million | Forbes |
Checo Prez’s Career
Sergio Prez Mendoza, better known as Checo Prez, is a Mexican racing driver who currently competes in Formula One for Red Bull Racing. He has also previously raced for Sauber, McLaren, Force India, and Racing Point.
Prez was born in Guadalajara, Mexico, on 26 January 1990. He began karting at the age of six, and won the Mexican Karting Championship in 2004. He then moved up to single-seater racing, and won the Formula BMW Europe championship in 2009.
Prez made his Formula One debut with Sauber in 2011. He scored his first podium finish at the 2012 Bahrain Grand Prix, and finished the season in 10th place. He moved to McLaren for the 2013 season, but struggled to adapt to the car and was replaced by Kevin Magnussen after just one year.
Prez joined Force India for the 2014 season, and scored his first victory at the 2016 Azerbaijan Grand Prix. He remained with Force India until the end of the 2018 season, when he joined Racing Point.
Prez joined Red Bull Racing for the 2021 season, and has since won two races. He is currently in third place in the Drivers’ Championship.
Prez is one of the most successful Mexican drivers in Formula One history. He has won two races, and has finished in the top 10 in the Drivers’ Championship on five occasions. He is also the only Mexican driver to have won a Formula One race.
Checo Prez’s Salary
Checo Prez’s salary for the 2023 season is $12 million. This makes him the seventh-highest paid driver on the Formula One grid.
Prez’s salary has increased significantly over the years. He earned just $1 million in his first season with Sauber in 2011. His salary increased to $2 million in 2012, and to $3 million in 2013.
Prez’s salary jumped to $5 million in 2014 when he joined Force India. He earned $7 million in 2015, and $8 million in 2016.
Prez’s salary increased to $9 million in 2017 when he joined Racing Point. He earned $10 million in 2018, and $11 million in 2019.
Prez’s salary increased to $12 million in 2020 when he joined Red Bull Racing. He is expected to earn the same salary in 2023.
Prez’s salary is comparable to other top drivers on the Formula One grid. Lewis Hamilton, the current world champion, earns a salary of $40 million per year. Max Verstappen, Prez’s teammate at Red Bull Racing, earns a salary of $25 million per year.
Prez’s salary is a significant financial investment for Red Bull Racing. However, the team believes that Prez is worth the money. He is a talented driver who has the potential to win races and championships.
Prez’s salary is also a significant financial boost for the Mexican economy. He is one of the most popular athletes in Mexico, and his success on the Formula One grid has helped to raise the profile of the country.
Prez is a role model for young Mexican drivers. He has shown that it is possible for Mexicans to achieve success in Formula One. He is an inspiration to all Mexicans, and his success is a source of national pride.
Checo Prez’s Endorsements
Checo Prez has a number of endorsement deals with brands including:
- Puma
- Tag Heuer
- Claro
- Telcel
- Grupo Bimbo
- Telmex
- Heineken
- Grupo Modelo
- Aeromxico
- Claro
These endorsements have helped Checo Prez to build his personal brand and increase his net worth.
Checo Prez’s Net Worth
Checo Prez’s net worth is estimated to be $50 million. This includes his earnings from racing, endorsements, and investments.
Checo Prez is one of the highest-paid Formula 1 drivers in the world. He earns a base salary of $10 million per year from Red Bull Racing. He also receives bonuses based on his performance on the track.
In addition to his salary, Checo Prez also earns money from endorsements. He has endorsement deals with a number of brands, including Puma, Tag Heuer, Claro, Telcel, Grupo Bimbo, Telmex, Heineken, Grupo Modelo, Aeromxico, and Claro.
Checo Prez also invests his money. He has invested in a number of businesses, including a tequila company, a restaurant, and a real estate development company.
Checo Prez’s net worth is expected to continue to grow in the years to come. He is one of the most popular Formula 1 drivers in the world, and he is still in the prime of his career.
Checo Prez is a successful Formula 1 driver and a brand ambassador for a number of companies. He has a net worth of $50 million and is expected to continue to grow his wealth in the years to come.
Q: What is Checo Perez’s net worth?
A: As of 2023, Checo Perez’s net worth is estimated to be $50 million.
**Q: How much does Checo Perez earn per year?
A: Checo Perez earns an estimated $10 million per year from his Formula 1 contract. He also earns additional income from sponsorships and endorsements.
**Q: What are Checo Perez’s biggest sources of income?
A: Checo Perez’s biggest sources of income are his Formula 1 contract, sponsorships, and endorsements.
**Q: What is Checo Perez’s spending like?
A: Checo Perez is known for his lavish lifestyle. He owns several expensive cars, homes, and yachts. He also donates to charity and supports several causes.
**Q: How has Checo Perez’s net worth changed over time?
A: Checo Perez’s net worth has increased significantly over the years. He has earned more money from his Formula 1 contract, sponsorships, and endorsements. He has also invested wisely and made some wise business decisions.
**Q: What is the future of Checo Perez’s net worth?
A: Checo Perez’s net worth is expected to continue to grow in the future. He is a talented driver and is in a good position to earn more money from his Formula 1 contract, sponsorships, and endorsements. He is also likely to make some wise investments and business decisions.
Checo Prez is a successful Formula 1 driver who has achieved a lot in his career. He has won multiple races, podiums, and championships. He is also a popular figure among fans and is known for his aggressive driving style. Checo’s net worth is estimated to be around $50 million. He has earned this wealth through his racing career, as well as through endorsements and sponsorships. He is a role model for many young people who aspire to be professional race car drivers.
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