Early Career and Rise to Fame
Sergio Perez, known as the “Mexican Minister of Defence,” has had an impressive journey in Formula 1. Starting his career with teams like Sauber and Force India (later Racing Point), Perez made a mark with his breakthrough win at the 2020 Sakhir Grand Prix. This victory, combined with consistent performances, earned him a spot alongside Max Verstappen at Red Bull in 2021, where he became instrumental in helping Verstappen secure the drivers’ championship. Perez’s career-best performance came in 2022, earning 305 points in the season. However, during the 2023 season, Perez struggled to match Verstappen’s pace, securing only two wins compared to Verstappen’s 19.
Sergio Perez’s Net Worth
As of November 2024, Sergio Perez has an estimated net worth of $50 million. This wealth comes from his race winnings, salary, and endorsement deals. Perez’s total career earnings from Formula 1 have reached $96.57 million. Notably, his winnings include prestigious races like the Monaco Grand Prix, which he won in 2022. His salary with Red Bull Racing in 2024 is $14 million, with an additional bonus of $16 million from the previous season.
Endorsements and Brand Deals
Perez has a diverse portfolio of endorsement deals, which contribute significantly to his net worth. Major brands like Banorte, Nescafé, KitKat, Disney, and Mobil1 support him. He has also collaborated with Marvel, and McDonald’s, and launched his own clothing collection. His long-standing relationship with America Movil, a major sponsor of Red Bull Racing, has been a cornerstone of his career.
Investments and Business Ventures
Beyond racing, Perez has invested in various ventures. He owns Team Mexico in the E1 Series, the world’s first all-electric boat racing series. Additionally, he founded a performance nutrition brand, Habits by Sergio Perez, and is involved in youth development through the Checo Perez Driver Academy.
Sergio Perez’s Personal Life and Assets
Perez resides in Puerto Vallarta, Mexico, with his wife and son. He also owns several luxury cars, including a Mercedes-Benz AMG, Bugatti Chiron, and McLaren 720S. His charity work, through the Checo Pérez Foundation, focuses on aiding those in need in his home country of Mexico, reflecting his humble beginnings.
