Carlos Sainz Jr. Net Worth: How Much He Earns From His Current Contract With Ferrari?

You are at the right place if you need to know about Carlos Sainz Jr. Net worth. Spanish racing driver Carlos Sainz Jr. competes in Formula One. He achieved his first F1 podium finish while racing for McLaren in 2019 by placing third at the Brazilian Grand Prix. A few years later, Sainz won his first F1 race and first pole position with Ferrari at the British Grand Prix. By reading ahead you will get to know about Carlos Sainz Jr. net worth and much more.

Carlos Sainz Jr. Net Worth

Carlos Sainz Jr. Net Worth is $50 Million in 2023. Carlos signed a two-year deal with Ferrari in 2021 that included an annual basic wage of $8 million when he departed McLaren. He agreed to a two-year contract deal with Ferrari in April 2022, bringing his yearly salary up to $10 million. Carlos makes between $4 and $7 million a year from endorsement deals in addition to his Ferrari wage. In the following paragraph, you will read about his childhood.

Childhood And Karting By Carlos Sainz Jr.

In Madrid, Spain, on September 1, 1994, Carlos Sainz Jr. was born to Monic Sainz and two-time World Rally Champion Carlos Sainz Sr. He started racing while he was young, starting in karting. Sainz finished second in the Spanish Championship in 2008 and won the Asia-Pacific KF3 championship. The next year, he finished second in the European KF3 Championship and won the Junior Monaco Kart Cup. In the following paragraph, you will read about his career beginnings.

Carlos Sainz Jr. In BMW Formula

In 2010, Sainz raced for the EuroInternational team after moving up to Formula BMW. He finished the season in fourth place with 227 points after accumulating three pole positions, two victories, and winning two of the nine races. Additionally, Sainz participated in a race in the UK Formula Renault Winter Cup, finishing sixth in the first race before quitting in the second.

Carlos Sainz Jr. In GP3 And Formula Three

Sainz competed in the British Formula 3 championship and the Euro Series in 2012. Driving for Carlin, he finished second twice and won two pole positions in the first championship, and he finished fourth four times and third nine times in the second. Sainz competed for Arden in the GP3 series in 2013. He had a rough season despite showing some flashes of life, ending in 10th position with 66 points.

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In 2013, Sainz started competing in Formula Renault 3.5. After a bad season punctuated by multiple retirements, he made a significant comeback in 2014. Sainz, who is currently driving for the French team DAMS, won the championship with 227 points.

Carlos Sainz Jr. In Formula One

With Toro Rosso, Sainz made his Formula One debut in 2015. His season had many high points but also many low points, including a string of electrical failures, fuel pressure problems, and power unit problems. In the end, he ended his first F1 season in the Drivers’ Championship in 15th place.

Carlos Sainz Jr. In Formula One
Carlos Sainz Jr. In Formula One

Carlos Sainz did a little bit better in 2016, coming in at number twelve. He switched to Renault after a rocky start to the 2017 season, and he went on to complete the year in ninth place in the Drivers’ Championship.

During the first eight races of the 2018 season, Sainz improved his performance and qualified for each of them in the top ten. He finished with points in 13 of the 19 races he competed in, which was enough to land him in tenth place overall in the Drivers’ Championship. Nevertheless, Sainz was replaced by Daniel Ricciardo at Renault after the season ended, despite his relative success.

Carlos Sainz Jr. With McLaren

In 2019, after switching to McLaren, Sainz had his finest season to date. He started last in the Brazilian Grand Prix but was able to move up to fourth, achieving his maiden F1 podium result. With 96 points, Sainz came in sixth position overall.

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Final Lines: At the Styrian Grand Prix and the Italian Grand Prix, he set his first F1 fastest lap and improved much more in 2020. Sainz finished the Drivers’ Championship in sixth place once more, this time with 105 points.

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