Michael Masi is an Australian motorsport official who served as the Formula One race director and safety delegate. He took up the role after the tragic passing of Charlie Whiting in March 2019. His responsibilities included being at the forefront of the sport and making critical decisions that impact race outcomes.
As a prominent figure in the motorsport industry, many fans and followers are curious about Michael Masi’s net worth. This article will closely examine his earnings, lifestyle, assets, and other facts. So without any further ado, let’s dive into the topic.
Michael Masi’s Net Worth And Earnings
The former race car director was born in Sydney, Australia, on 8th June 1978. He spent his childhood in the suburbs of Fairfield and Canada Bay, earning his advanced diploma in Asia-Pacific marketing at TAFE NSW. He initially got involved in managerial work, like working as a consultant manager at the Australian Amusement, Leisure & Recreation Association Inc.
In 2003, Masi started his racing career and was involved until 2022. In all those years of his professional career in the racing world, the former race director must have made generous earnings. Although the exact amount has not been revealed, it can be assumed that Michael Masi’s fortune is commendable.
Now, let’s look at Michael Masi’s earning sources and how he earned a notable fortune to his name. Likewise, here are five interesting facts about another sports personality, Brian Schmetzer. Find out how much is the net worth of the American soccer coach.
Earnings from Early Motorsport Career
Michael Masi’s motorsport career began in 2003 with TouringCar Entrants Group Australia (TEGA), where he worked until 2005. After that, he worked for Karting Australia and V8 Supercars. In 2010, he was appointed as a senior manager for Motorsport Australia, previously known as the Confederation of Australian Motor Sport (CAMS). He worked there until 2011 and eventually returned to V8 Supercars as a Consultant.
From 2015 to 2018, Masi worked for V8 Supercars as the race director. There, he was responsible for ensuring the drivers’ safety and enforcing the sport’s rules. He must have earned significantly in all these years of working for different motorsport companies. Thus, Michael Masi’s fortune must have been a considerable sum.
Rise as an F1 Director
Michael Masi’s career significantly turned as he changed his route to F1. Initially, FIA appointed him as the F2 and F3 deputy race director. Then, in March 2019, he was appointed as the race director for the Formula One World Championship, succeeding the late Charlie Whiting, who died from a pulmonary embolism on March 14, 2019.
Michael Masi appointed new @F1 race director. #Formula1 pic.twitter.com/5wbc8H5KqY
— Massi ₿ouagache (@MassiBouagache) March 14, 2019
Masi’s responsibility as an FIA F1 director was overseeing the logistics of Grand Prix weekend, ensuring racers followed regulations, and watching over pit lane events. The job played a huge role in adding up Michael Masi’s fortune. He had to attend every F1 race and monitor the activities.
Furthermore, the average salary of a race director is $51,070 per year. So, being in the highest position of F1, Michael Masi’s net worth must have been considerable.
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Earnings From Post F1 Career
Unfortunately, in February 2022, the race director was replaced from his position after the FIA review into Abu Dhabi GP 2021. He had been under intense pressure due to his handling of the finale in 2021, where he made a decision that opened the door for Max Verstappen to pass Lewis Hamilton for a controversial race and title victory.
Following that, Michael returned to Australia, and in September 2022, he was appointed the Independent Chair of the Supercars Commission. He also remains a board member of the South Australian Motor Sport Board and Karting Australia. Thus, even after his F1 career, Michael must be earning considerably. So, Michael Masi’s fortune of a considerable sum seems plausible.
Lifestyle and Assets
Michael Masi’s wealth is highly lucrative despite not being an active Formula 1 director. He leads a comfortable lifestyle thanks to the fortune accumulated from his professional career. He must be living a content life with his family in Australia.
Michael might have a good collection of luxurious cars and might have added some real estate as his assets. Nonetheless, we hope he continues earning significantly. As his career stretches further, there’s no doubt that Michal Masi’s wealth will increase even more.
Trivia and Facts
- Michael is of Italian descent.
- He also owns his business firm Michael Masi Enterprises Pvt. Ltd., in New South Wales, where he serves as a managing director there.
- Masi is not active on social media.
