Sergio Perez Net Worth 2024: Salary, Earnings & Endorsement Deals

Sergio Perez is a Mexican F1 driver. He races for the Red Bull racing team. Perez has previously raced for Sauber, McLaren, Force India and Racing Point. The 31-year old won his first-ever formula one race at the 2024 Sakhir Grand Prix. This was his first win in 190 starts at Formula One. Sergio Perez is a known name in the Formula One racing fraternity. Sergio Perez’s net worth is estimated at $40 million, a major source of his salary comes from MotoGP and endorsement deals.

Sergio Perez Net Worth: $40 Million

According to the reports, Sergio Perez net worth for the year 2024 is approximately $40 million. The major portion of Sergio Perez net worth is from his salary from racing. He also earns money from endorsements.

The Mexican salary at Red Bull Racing is estimated to be $8 million per year. Currently, he is the 11th highest player in Formula One. Perez has been sponsored by two telecommunication companies – Telcel and Telmex. 

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Sergio Perez Early Career

He was born on 26 January 1990 in Guadalajara, Jalisco, Mexico. He took up kart racing at the young age of 6. Perez’s father was also a racer, and he followed in his father’s footsteps. Aged 9, he started racing in shifter karts, having won in the junior categories.

At the age of 14, Perez competed in the US-based Skip Barber National Championship. Every year he kept improving and kept on climbing the ladder.

When he turned 17, he moved to Oxford and started competing in British Formula 3. After the impressive Formula 1 feeder series GP2, he finally graduated to Formula One in 2011.

His victory at Monaco, Silverstone, Hockenheim, Spa-Francorchamps and Abu Dhabi in Formula 1 feeder series GP2 played a key role in his promotion to Formula One. 

Sergio Perez Formula One Career

Perez won a single point in his first-ever Formula One race. He made his Formula One debut in 2011 with the Sauber team. The Mexican spent two years with Sauber before signing for Mclaren in 2013.

After just one year with Mclaren, he moved to Force India and spent three sessions with them. Then he joined Renault. Sergio Perez joined his current team Red Bull Racing in 2024.

He is partnered with Max Verstappen at the Red Bull Racing team.

Perez‘s Records

Sergio Perez has made 198 starts in Formula One. He has won just two races and finished 12 times at the podium. Perez has 790 career points. The Mexican finished 4th at the Formula One 2024 season. 

About Sergio Perez

NameSergio Perez
OccupationFormula 1 Race Driver
Net Worth$40 Million
Salary$8 Million
EndorsementsTelcel and Telmox
Marital StatusMarried
SpouseCarola Martinez

Disclaimer: All the facts and figures about Sergio Perez’s net worth are based on the analysis, research and reports released by trusted sources.