5 Reasons McLaren Driver Lando Norris’ Net Worth is Skyrocketing

5 Reasons McLaren Driver Lando Norris’ Net Worth is Skyrocketing

Lando Norris' Net Worth. Image Credit: Social Media.

Net Worth $30 Million
Born 13 November 1999
Gender Male
Height 5 Feet 8 Inches
Country of Origin United Kingdom
Source of Wealth Motorsport Racing

One of the most promising motorsport racers of the young generation, Lando Norris is an Englishman competing in Formula 1 with McLaren.

Today, we will look at Lando Norris’ net worth and share his journey to becoming a Formula One star. Thus, stay with us as we give you five solid reasons for the racer’s soaring wealth.

5. Professional Racer in Formula One

Lando Norris is a world-famous motorsport driver who drives under the British flag in Formula One with McLaren. He joined the team in 2019 and has been going strong ever since.

The Britishman had won multiple championships before beginning his journey with McLaren. For instance, he won the MSA Formula championship in 2015, followed by the Formula Renault 2.0 Northern European Cup in 2016.

Lando’s success and championship wins are the primary reasons for joining F1 at the young age of eighteen years old. He constantly upgraded his gameplay and bagged his first-ever podium at the 2020 Austrian Grand Prix.

Lando received his first paycheck of $260,000 yearly in his initial year at McLaren, but it kept on increasing in the following years.

4. Lando Norris’ Net Worth – $30 Million

Fortune sides with those who dare and dream big. Lando Norris is such an individual who focuses his entire energy and time on becoming the best at what he does.

Thanks to his hard work and success in the competitive world of motorsport, Norris currently occupies an astonishing fortune of $30 million. He has his entire motorsport racing to thank for this massive wealth.

Lando Norris' Net Worth
Lando Norris’ Net Worth. Image Credit: Social Media.

The Briston native is the winner of the 2016 Toyota Racing series, Eurocup Formula Renault 2.0, and the McLaren Autosport BRDC Award. He must have received a handsome income from his tournament wins.

Lando joined the 2017 McLaren Young Driver Programme and won the FIA Formula 3 European Championship that year, competing with Carlin Motorsport.

This vast wealth is a testament to Lando’s hard work and dedication, who proved that nothing is impossible if you put your heart and soul into your profession.

ALSO READFind Out Why Lance Stroll’s Net Worth is Booming?

3. Yearly Salary Worth $20 Million in 2023

Formula One racers are among the highest-paid sportspersons in the whole world. The racers’ salary varies according to their performance and the company they represent.

The British racing sensation received $2.4 million and $9 million in 2021 and 2022, respectively. But his pay hiked to a massive $20 million in 2023 after he bagged back-to-back podiums for the first time in F1.

Norris has an impressive career record with 8 podiums, 1 pole position, and a massive 507 career points. This record is enough to prove that he really is worthy of receiving a multi-million dollar salary.

2. Endorsement Deals With Major Brands

Endorsement deals have played a crucial role in enhancing Lande Norris’ wealth to greater heights. Being a McLaren driver, he is a sought-after sportsperson by major brands.

Some of Norris’ esteemed brand endorsements include McLaren, Bell Helmets, Wearegrip, ADD Management, and PAP. His overall income from his brand deals is valued at $10 million annually.

Lando Norris' Net Worth
Lando Norris’ Net Worth. Image Credit: Instagram.

Breaking down his deals, McLaren and Bell Helmets bring him about $4 million annually, whereas his other partnerships contribute $2 million to his bank balance.

Norris’ deals with various prestigious brands are thanks to his impressive motorsport career, which motivates every young karting racer who wants to make it big in the magical world of Formula 1.

Similarly, you might want to read about Oscar Piastri’s Net Worth.

1. Investments in Diversified Fields

There is a saying an investment in knowledge pays the best interest. The same is true for the British driver, as he has also widened his income to multiple investments.

In addition to being a driver in Formula 1, Lando has also stepped foot on multiple business ventures ranging from real estate to tech companies.

For instance, Lorris put his money to buy some stakes in a London-based property development firm building upscale apartments, Projectcore. Similarly, he is also the co-founder of the esports team Quadrant.

The McLaren racer also funds virtual reality and AI companies such as VirtaMed and DeepMind.

Thus, the multiple investment plans show that Lando Norris’ net worth will surely rise as soon as he starts getting profitable returns from his investments and reach even higher in the near future.

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