In the realm of Formula 1, Sergio Perez has carved a niche for himself as a consistent and reliable driver, performing for several different teams across the grid during his career.
Now racing for Red Bull, Perez is a race winner in 2023 and was the only driver able to provide any challenge to Max Verstappen in the season, but is that reflected in his earnings and net worth?
In this article, we will explore the financial aspects of this F1 star, revealing his anticipated 2023 salary and giving an in-depth look at his accumulated wealth.
How much will Sergio Perez earn in 2023?
For the 2023 season, Sergio Perez is expected to earn a salary of $10 million. That’s less than a fifth of Red Bull teammate Verstappen‘s salary, but still enough to place him in the top six on the F1 grid.
It’s also well ahead of Alex Albon and Pierre Gasly‘s current salaries at Williams and Alpine respectively – combined that pair still make less than Perez.
They were Verstappen‘s two previous teammates at Red Bull but neither could hang in the seat for two full seasons, as Perez looks set to finish his third year in Milton Keynes.
Red Bull boast the highest combined driver salary total – though Verstappen‘s earnings alone are higher than any other driver pairing.
Perez’s consistent performances and experience in the sport ensure he remains one of the higher earners on the F1 grid, and that’s not even accounting for bonuses.
With wins under his belt in 2023 Perez could pocket some extra money from those and as the second driver at Red Bull, he could also profit from Verstappen‘s title win too.
How much is Sergio Perez worth?
Perez’s boasts an extremely envy-enducing net worth of at least $30 million, with some estimates as high as $75 million.
Having made his F1 debut in 2011, a successful career of over ten years has helped build up that number – made up of his F1 salaries, endorsements, and personal investments.
Brands like Claro, Telcel, and Interproteccion have been long-time sponsors, contributing significantly to his earnings.
Outside of racing, Perez has invested in real estate in his home country of Mexico and has a passion for luxury cars, owning several high-end models that further showcase his affluence.
Perez‘s sole season at McLaren was arguably the most disappointing of his F1 career as he was crushed by teammate Jenson Button and failed to provide a strong replacement to Lewis Hamilton.
But that’s not reflected by his garage though, as he owns a McLaren P1, 720 S and McLaren-Mercedes SLR, worth over $3 million combined. Perez also has a Bugatti Chiron, one of the fastest road cars in the world.
However, even Perez‘s wealth pales into insignificance compared to the fellow Mexican backing his F1 career. Carlos Slim is the world’s seventh richest man, worth an eye-watering $100 billion.
F1 Driver Salaries 2023
|1||Max Verstappen||$55m||2028||Red Bull|
|6||Sergio Perez||$10m||2024||Red Bull|
|7||Valtteri Bottas||$10m||2025||Alfa Romeo|
|10||Fernando Alonso||$5m||2024+||Aston Martin|
|14||Lance Stroll||$2m||Open||Aston Martin|
|16||Zhou Guanyu||$2m||2023||Alfa Romeo|