Carlos Sainz Jr Net Worth, Personal life and Racing Records

Carlos Sainz Jr is a racing driver from Spain who presently competes in Formula One for Scuderia Ferrari.

Sainz competed for Carlin in both the British and European Formula 3 championships in 2012. Before joining Toro Rosso in Formula One, he competed for DAMS in the 2014 Formula Renault 3.5 season and won the championship.

Sainz became a member of Renault in 2017 and 2018. Sainz resigned his contract with Red Bull Racing and joined McLaren for the 2019 season. Sainz finished third at the 2019 Brazilian Grand Prix, his first-ever podium finish in Formula One. Following the end of the 2020 season, Sainz joined Ferrari.

A few years later, at the British Grand Prix, Sainz won his first-ever Formula One pole position and career victory with Ferrari.

Are you excited about Carlos Sainz Jr earnings and how his success as a racing driver has affected his financial situation? Now let’s explore.

Carlos Sainz Jr Net Worth 2024

Carlos Sainz Jr is projected to have a net worth of around $50 million by 2024. When Carlos joined Ferrari in 2021, he signed a two-year contract with a base salary of $8 million annually from McLaren.

He extended his contract with Ferrari for another two years in April 2022, bringing his yearly salary to $10 million. Carlos receives between $4 and $7 million a year from sponsorship deals in addition to his Ferrari salary.

Carlos Sainz's amazing feats have made him a well-known character in the Formula One Championship. His racing career and several sponsorship deals provide the majority of his income. In April 2022, Carlos obtained a pay increase and a contract extension with Ferrari that would take him through 2024.

Biography and Personal Life

Carlos Sainz Sr. is the father of Carlos Sainz Jr., and Reyes Vazquez de Castro is his mother. His father won two World Rally Championships and numerous events, which helped him become well-known. As Sainz Jr. grew older, his father eventually became a mentor for him along the way, helping him break into the Formula One racing world.

Sainz received coaching from Maria de Villota at a driving school in Madrid, and in 2016 he was named Ambassador of her Legacy. He has talked about how her 2013 death directly touched him, and since 2014, he has honored her memory by wearing a star on his helmet.

From 2017 to 2023, Sainz dated Isabel Hernaez, a fellow Spaniard. He started dating Scottish model Rebecca Donaldson in 2024. He spent time in London and Madrid. In Milan in 2023, Sainz had his watch stolen, but he survived and caught his attacker.

Early Life

Monic Sainz and two-time World Rally Champion driver Carlos Sainz Sr. welcomed Carlos Sainz Jr. into the world on September 1, 1994, in Madrid, Spain. He started racing at a young age, karting for the first time.

Sainz finished second in the Spanish Championship and won the Asia-Pacific KF3 championship in 2008. He finished second in the European KF3 Championship and won the Junior Monaco Kart Cup the following year.

Formula BMW

In 2010, Sainz advanced to Formula BMW and competed for the Euro International team. He finished the season in fourth place with 227 points after recording three pole positions and two victories over nine races.

Formula Three and GP3

Sainz took part in the British Formula 3 and Euro Series races in 2012. He won four races and finished on the podium nine times in the latter championship while driving for Carlin. Sainz competed in the GP3 series for Arden in 2013.

Professional career

2015: Debut season

In the 2015 season, Sainz drove for Scuderia Toro Rosso, where he teamed with Max Verstappen after Daniil Kvyat was moved to Red Bull. Sainz chose the number 55 for his race. For his first race, the Australian Grand Prix, he qualified inside the top ten and finished ninth.

2016: Formula One World Championship

Sainz and Verstappen were kept by Toro Rosso for the 2016 title. After finishing ninth and preparing seventh at the Australian Grand Prix, Sainz withdrew from the Bahrain Grand Prix after crashing with Sergio Perez.

2017: Formula One World Championship

During the 2017 campaign, Sainz and Kvyat stayed with Toro Rosso. Sainz finished the Bahrain Grand Prix without a point after crashing into Lance Stroll in the first two races. Sainz received a grid penalty for the following race, however, both drivers placed the blame for the accident on the other.

Carlos Sainz Jr Racing Records:

Frequently Asked Questions

Q. Which interesting facts about Carlos Sainz Jr. are there?
Carlos enjoys taking part in sports other than racing, such as cycling and surfing. He is versatile; in addition to his native Spanish, he speaks English and Italian with ease. Carlos, like many other Formula One drivers, is a dog lover, and he has a dog named Pinon.

Q. Carlos Sainz, is he a Christian?
All things taken into account, the evidence points to Carlos Sainz's likely Catholic faith. He was reared in a Catholic nation, his parents are strongly Catholic, and he has mentioned God and prayer in interviews. He has never made his faith known in public, yet the evidence points to him being a devout Catholic.

Q. In 2025, where does Carlos Sainz go?
Sainz is left with little choices. The three-time Grand Prix champion Spaniard has been connected to Mercedes, Williams, and Sauber. Sainz's greatest chance of driving for a winning team may be a clean swap with Hamilton if the Canadian Grand Prix is any indication.