What does it really take to build a fortune in the fast-paced world of Formula One?
Sergio Perez, known as Checo, has not only made a name for himself on the track but also in the financial world of elite motorsport.
Whether you’re curious about his massive earnings, key career decisions, or long-standing team partnerships, you’re about to get an insider’s look into Sergio Perez’s net worth journey and the forces that shaped it.
Sergio Perez Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Sergio Michel Pérez Mendoza |
| Popular Name | Sergio Perez |
| Birth Date | January 26, 1990 |
| Age | 35 (as of March 24, 2025) |
| Birthplace | Guadalajara, Jalisco, Mexico |
| Nationality | Mexican |
| Ethnicity | Latino/Hispanic |
| Education | N/A |
| Marital Status | Married |
| Spouse | Carola Martínez Galindo |
| Children | Carlota Pérez Martínez, Sergio Pérez Jr., Emilio Pérez |
| Dating | N/A |
| Siblings | Antonio Pérez, Paola Pérez Mendoza |
| Parents | Antonio Pérez Garibay, Marilú Mendoza de Pérez |
| Height (meters) | N/A |
| Net Worth | $50 million |
| Source of Wealth | Formula One racing, contracts, sponsorships |
What is the Net Worth Of Sergio Perez in 2025?
As of 2025, Sergio Perez’s net worth is estimated at $50 million. This wealth reflects over a decade of racing at the highest level, including podium finishes and lucrative contracts with top F1 teams. While not the wealthiest in Formula One, he remains one of the most financially successful Latin American drivers.
His net worth is notably shaped by high-value contracts, like the $16.5 million deal with Force India and several seasons with Red Bull Racing. Compared to peers, he falls behind superstars like Max Verstappen or Lewis Hamilton, but outpaces many mid-grid drivers.
Close and related entities include:
- Red Bull Racing
- Force India
- Racing Point
- McLaren
- Sauber
- Max Verstappen
- Sebastian Vettel
- Carlos Slim
- GP2 Series
- Fernando Alonso
If you’re curious how he stacks up among the wealthiest people in racing, his financial track record offers compelling insights.
Sergio Perez Wealth, Salary and Financial Overview
How He Built His Wealth Through Racing
Sergio Perez began racing at just six years old, and quickly found early victories in karting categories. His rise was not just fast—it was backed by Carlos Slim’s Escuderia Telmex, a financial partnership that followed him through every major step.
From competing in Skip Barber National Championship to dominating in British Formula 3, Perez strategically moved up the ranks. By 2007, he won the National Class of British F3 and earned a strong presence in the GP2 Series. His wins in Monaco, Spa, Silverstone, and Abu Dhabi built not just his résumé but also his financial value in the eyes of F1 teams.
This journey established his reputation and justified his early F1 contracts, setting the foundation for wealth to come.
What His Earnings Looked Like in Formula One
Once Perez made his F1 debut in 2011 with Sauber, his earning potential began to scale. After a standout 2012 season—highlighted by podium finishes in Malaysia, Canada, and Italy—he earned a spot with McLaren in 2013.
Although McLaren didn’t yield podiums or long-term success, he transitioned to Force India in 2014 with a $16.5 million contract. Over the years, his steady performances and consistency made him a valuable driver. He remained with Force India through its transformation into Racing Point.
Later, his signing with Red Bull Racing in 2021 marked a major leap, both professionally and financially. End-of-season bonuses and podium incentives further padded his income.
How His Team Changes Influenced His Financial Growth
Perez’s time at McLaren was short-lived, but pivotal. Despite not securing podiums there, it led him to more stable earnings with Force India. This relationship deepened with Racing Point, culminating in his dramatic win at the 2020 Sakhir Grand Prix—a historic moment after 190 race starts.
Being replaced by Sebastian Vettel in 2021 didn’t hinder his trajectory. Instead, it opened the door to Red Bull Racing, where partnering with Max Verstappen gave him even greater exposure and a contract extension through 2024. Though he left Red Bull at the end of 2024, it marked the peak of his financial and competitive career.
How Sponsorships and Endorsements Played a Role
Early in his career, Carlos Slim and Telmex became foundational to Perez’s racing opportunities. This financial support continued as he progressed through European racing circuits.
At Red Bull Racing, he attracted further commercial opportunities thanks to the brand’s global visibility. While his personal endorsement list isn’t as public as some of his peers, the combination of team sponsorships and global exposure contributes heavily to his financial story.
What His Career Achievements Say About His Financial Success
Perez has carved out an impressive record with:
- 6 Grand Prix wins
- 3 pole positions
- 39 podiums
- 12 fastest laps
Notably, he holds the record for most races before a first win (190) and most races before a first pole (219). These milestones increased both his reputation and market value.
Every podium finish and championship point added to his standing, making him one of the most bankable drivers from Latin America. His skill in tire management and strategic racing only reinforced his financial worth.
What Personal and Lifestyle Choices Reflect His Financial Position
Off the track, Sergio Perez leads a grounded life. He is married to Carola Martínez Galindo and is a father of four children. He’s known to be deeply connected to his Mexican roots, often representing his heritage through his helmet designs.
There’s no public record of extravagant purchases or large-scale investments, suggesting a relatively balanced lifestyle. His relationships in the F1 world, including friendships with Javier Hernández and other athletes, reflect a life anchored in sports and family.
Conclusion
Whether you’re a racing fan or finance follower, Sergio Perez’s journey proves that skill, strategy, and opportunity can turn laps into lasting wealth.
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