Net Worth Ranker
What Is Sergio Pérez’s Net Worth?
Sergio Pérez, the celebrated Mexican racing driver, has accumulated a substantial net worth of $50 million as of 2025. This financial standing is primarily attributed to his successful career in Formula One, encompassing stints with prominent teams such as Sauber, McLaren, Force India (later Racing Point), and currently, Red Bull Racing. His earnings are a result of competitive salaries, performance-based bonuses, and lucrative endorsement deals.
Sergio Pérez’s Early Career and Rise to Formula One
Sergio Michel “Checo” Pérez Mendoza was born on January 26, 1990, in Guadalajara, Jalisco, Mexico. His father, Antonio Pérez Garibay, had a background in motorsports, having been a race car driver himself before focusing on managing the career of IndyCar and sports car driver Adrián Fernández. This familial connection significantly influenced Sergio’s early exposure to the world of racing. Sergio’s passion for motorsports ignited at a young age. He began karting at the age of six, immediately showcasing his talent and competitive spirit. In his first year, he secured four victories in the junior category, demonstrating a natural aptitude for racing. By 1997, he was competing in the karting Youth Class. Even as the youngest driver in the competition, he achieved a win, five podium finishes, and an impressive fourth-place finish in the championship, marking him as a rising star in Mexican motorsports. At 14, Pérez transitioned to single-seater cars, entering the Skip Barber National Championship in the United States. This move was made possible through the backing of Mexican business magnate Carlos Slim’s Escuderia Telmex, which provided crucial financial and logistical support for his early racing endeavors. The Skip Barber National Championship served as a vital training ground for Pérez, allowing him to hone his skills in a competitive environment and prepare for the challenges of European racing.
In 2005, Sergio Pérez made a pivotal move to Europe to compete in Formula BMW. This transition required a significant adjustment, both personally and professionally. For the initial four months, Pérez lived in a restaurant owned by his team boss, highlighting the dedication and sacrifices he made to pursue his racing dreams. The move to Europe marked a critical step in his career, exposing him to a higher level of competition and more advanced racing technology. In 2007, at the age of 17, he relocated to Oxford, England, embarking on a two-year campaign in British Formula 3. This series provided him with invaluable experience on European circuits and further refined his racing skills. He achieved significant success in 2007 by winning the National Class (for older chassis). In 2008, he further solidified his reputation by finishing fourth in the International Class, demonstrating his growing competitiveness and readiness for higher-level racing. He then progressed to the Formula 1 feeder series, GP2, via the GP2 Asia Series. In his very first race in Bahrain, he achieved a lights-to-flag victory, underscoring his potential and readiness for Formula One. In his second year in GP2, Sergio showcased his talent by winning races at prestigious circuits such as Monaco, Silverstone, Hockenheim, Spa-Francorchamps, and Abu Dhabi. He ultimately finished runner-up to Pastor Maldonado in the championship, solidifying his status as one of the most promising young drivers in the sport. With his success in GP2, Sergio Pérez was poised to make the leap to Formula One, becoming the first Mexican driver to compete in the World Championship since Héctor Rebaque in 1981.
Formula One Career and Earnings
Sergio Pérez’s Formula One debut in 2011 with the Sauber team marked a significant milestone in his career, yielding an immediate points finish. This early success quickly established him as a fierce competitor. His reputation was further enhanced in the 2012 Malaysian Grand Prix, where he challenged Fernando Alonso’s Ferrari for the lead, showcasing his aggressive driving style and ability to compete with established stars. He also ran at the front at Monza, demonstrating his growing confidence and skill on the track.
In 2013, Pérez joined McLaren, a move that was highly anticipated. However, his time with the team did not yield a single podium finish. The team subsequently decided to replace him with Kevin Magnussen, leading to Pérez’s departure. In 2014, Force India signed Pérez to a contract worth $16.5 million. This marked a turning point in his career, providing him with a stable and competitive environment to showcase his talent. He remained with the team as it transitioned through administration in 2018 and subsequently reformed as Racing Point for 2019. In 2019, Racing Point extended Pérez’s contract for three years, demonstrating their confidence in his abilities and long-term commitment to the team. However, in 2020, Racing Point announced that Pérez would be leaving the team at the end of the season, with Sebastian Vettel, a four-time F1 world champion, replacing him. This decision left Pérez without a seat for the following season, but his performance in 2020 would ultimately lead to a coveted opportunity with Red Bull Racing.
A defining moment in Pérez’s career came at the 2020 Sakhir Grand Prix, where he secured his first Formula One Grand Prix victory. This win was particularly significant as it broke the record for the number of starts (190) before a race win, highlighting his resilience and perseverance. In 2022, he earned his first Formula One pole position at the 2022 Saudi Arabian Grand Prix, further cementing his status as a top-tier driver. This achievement also broke the record for the most races (215) before a first pole position.
Pérez signed with Red Bull Racing in 2021, marking a significant step forward in his career. The move to Red Bull Racing provided him with a highly competitive car and the opportunity to compete for championships. Shortly after his May win in Monaco, it was announced that he would remain with the team through the 2024 season, underscoring Red Bull’s confidence in his abilities and contributions. His helmet design is based on the Mexican flag, and it changes every season, a personal touch that connects him with his heritage and fans.
Sergio Pérez’s Endorsements and Personal Investments
While specific details of Sergio Pérez’s endorsement deals and personal investments are not publicly available, it is understood that his success in Formula One has attracted numerous sponsorship opportunities. These endorsements likely include partnerships with various brands, contributing significantly to his overall net worth. Information on specific brands and the financial terms of these agreements remains confidential. He likely has investments in real estate and other ventures, contributing to the growth and diversification of his financial portfolio. The exact details of these investments are not publicly disclosed.
