Carlos Sainz Jr.

Carlos Sainz has built a strong fortune as a Formula 1 driver, earning millions through contracts, endorsements, and sponsorships. Currently racing for Ferrari, Sainz has established himself as one of the most consistent and skilled drivers on the grid, following in the footsteps of his legendary father, rally champion Carlos Sainz Sr. His career has seen him compete for top teams like Toro Rosso, Renault, McLaren, and Ferrari, where he has battled against rivals like Lando Norris and Charles Leclerc.

Beyond racing, Sainz has secured lucrative brand deals with companies like Estrella Galicia and Richard Mille, further boosting his wealth. While he has yet to claim a world championship, his impressive performances and growing influence in the sport keep him as a strong contender for future success. 

What Is Carlos Sainz Jr.’s Net Worth?

As of March 2025 Carlos Sainz Jr. has an estimated net worth of around $50 million.

Carlos's wealth comes from his successful Formula 1 career, where he has driven for teams like Toro Rosso, McLaren, Ferrari, and, most recently, Williams.

Sainz has reportedly earned a total of $56.7 million throughout his Formula 1 career, as per reports from Spotrac.

When Carlos Sainz Jr. left McLaren for Ferrari in 2021, he signed a two-year contract with a base salary of $8 million per year. In April 2022, he extended his contract with Ferrari for another two years, increasing his annual salary to $10 million.

Sainz has a salary of $12 million at Ferrari in 2024, according to Spotrac. As per a Forbes report, he earned a total of $6 million in bonuses in 2023.

Beyond his on-track earnings, Sainz has secured lucrative endorsement deals with brands such as Estrella Galicia, Santander, Schuberth, PlayStation, and Shiseido Men, which contribute significantly to his overall net worth. It was recently reported that Carlos Sainz earns between $4 million and $7 million per year through various endorsement deals.

Businesses and Brands

What Businesses does Carlos Sainz Jr. own?

Over the years, the legendary motorsport racing driver amassed significant wealth through various business ventures, including a hamburger restaurant in Madrid. Let's take a look at some of the most interesting details of the F1 driver's business endeavors.

• CS55 Racing Kart: In February 2024, Carlos partnered with OTK Kart Group to launch the CS55 Racing Kart. This marks the first model in the new brand's product lineup. The kart features a bare frame made of 30mm diameter steel tubes and comes in two versions: Junior/Senior and Shifter. Its official colors- black, red, and yellow- reflect the signature hues of Sainz's helmet.
• Boogie Burger: In June 2023, Carlos Sainz Jr., alongside a group of friends, co-founded a hamburger restaurant in Madrid named Boogie Burger. Located at Calle del Espíritu Santo 12 in Madrid's vibrant Malasaña district, Boogie Burgers has quickly become a famous spot for burger lovers.

Additionally, Carlos has invested in TMRW Sports and Eleven Sports, which these two companies that focus on sports technology. He sees great potential in these businesses and believes they have significant room for growth in the industry.

What Brands Does Carlos Sainz Jr. Endorse?

Throughout his illustrious career, the legendary F1 racer has endorsed several top brands. The brands he collaborated with include:

• Scuderia Ferrari: During his tenure with Scuderia Ferrari from 2021 to 2024, Carlos Sainz Jr. was prominently associated with the team's marketing, branding, and key sponsors.
• L'Oréal Paris: In March 2025, L'Oréal Paris announced Carlos Sainz Jr. as the new global ambassador for its Elvive hair care line. As an ambassador, Sainz promotes Elvive’s range of products, leveraging his global influence and stylish image to connect the brand with a wider audience.
• Estrella Galicia: Estrella Galicia, owned by brewer Hijos de Rivera, has been a long-term supporter of Carlos Sainz Jr., backing him since his GP3 days in 2013. The Spanish beer company officially became one of his key sponsors when he entered Formula 1 in 2015 and has remained by his side throughout his career. Estrella Galicia has been prominently featured on Sainz’s race suits and team gear across multiple teams, cementing their strong partnership as he continues his journey in F1.
• Santander: Santander, the Spanish banking giant, has officially left Ferrari and will now partner with Williams for the 2025 Formula 1 season. The bank’s branding has already appeared on the Williams FW47, as well as on Carlos’ helmets and clothing, making its debut during the F1 Abu Dhabi postseason test.
• Schuberth: Schuberth, a German manufacturer of safety helmets and protective headgear for Formula 1, partnered with Ferrari and Carlos Sainz Jr. in 2022. As part of this collaboration, Schuberth released a helmet designed by Sainz himself. The Spanish driver wore this custom-designed helmet throughout the 2022 F1 season.
• PlayStation: Sainz Jr. has collaborated with PlayStation in several Spanish advertisements throughout his career. He has also been featured in a limited-edition Carlos Sainz-themed PlayStation, designed to boost sales. Whenever a new F1 game is released for the console, Sainz serves as the face of PlayStation’s marketing campaigns in Spain.
• Ray-Ban: Carlos Sainz Jr. has been a key ambassador for Ray-Ban, one of Ferrari’s long-time sponsors. In April 2023, he and Charles Leclerc starred in a Ray-Ban TV commercial. In April 2024, Meta and Ray-Ban launched the Ray-Ban Meta for Scuderia Limited Edition smart glasses, designed to enhance the Formula 1 fan experience through advanced AI features and seamless connectivity.
• Gran Turismo: In 2017, Carlos Sainz Jr. was announced as a sports ambassador for the racing simulation game Gran Turismo. As part of this partnership, he joined elite drivers like Lewis Hamilton and was featured on the game’s cover.
• Shiseido Men: In 2019, Sainz Jr. modeled for Shiseido Men, a premium men’s grooming and skincare brand. His collaboration with the brand showcased his stylish image and personal care routine, further establishing his presence beyond the world of motorsports.
• Atlassian: Atlassian has signed a long-term contract to become the title sponsor for Williams Racing, marking a major partnership for the British team. The Australian software company will also serve as Williams' Technology and Collaboration Software partner, enhancing the team's digital infrastructure. Additionally, Carlos welcomed the new sponsor on social media, sharing an Instagram story featuring himself and teammate Alex Albon in their newly branded race suits.
  Additionally, in 2016, Sainz Jr. was named Ambassador of María de Villota's Legacy, having been coached by her at a driving school in Madrid. He has expressed how deeply her passing in 2013 affected him and, since 2014, has honored her memory by keeping a star on his helmet.

Assets and Lifestyle of Carlos Sainz

Carlos Sainz Jr.’s Real Estate Portfolio

The Williams race driver has reportedly built an impressive real estate portfolio, with properties in Spain, Italy, London, and Monaco. He is said to own a modern home in Spain and a property in Sassuolo, Italy, featuring a spacious living area, a large swimming pool, a garden, and a garage for his extensive car collection.

Like many Formula 1 drivers, Sainz has also invested in real estate in Monaco, a popular tax-friendly destination for motorsport professionals. However, he is highly private about his assets and does not publicly disclose details about his properties. Official information on his real estate holdings remains scarce, making it difficult to verify the full details of his investments.

Vehicles Owned By Carlos Sainz Jr. Over The Years

Over the years, the legendary motorsport racing driver had an impressive car collection, which includes some of the most luxurious, high-end, and powerful supercars. His collection reflects his passion for performance, precision, and engineering excellence. Let's take a look at his exclusive car collection.

• 2012 Volkswagen Golf GTI: Carlos has a 2012 Volkswagen Golf GTI in his car collection. It was gifted to him by his parents for his 18th birthday. He has also been seen driving the car with his father in the passenger seat.
• 2019 McLaren 600LT Spyder: Carlos has a 2019 McLaren 600LT Spyder in his collection of cars. In November 2019, he shared the pictures of the car on his social media accounts. The car was a gift from the McLaren team after he shifted from Red Bull in the same year. However, the car was taken back after he signed with Ferrari for the 2021 season.
• 2020 McLaren 720S: Carlos has another McLaren in his garage, which is a 2020 McLaren 720S. The car was a parting gift from the team when he moved to Ferrari at the end of the 2020 season.
• 2021 Ferrari 812 Competizione: Carlos has a satin silver 2021 Ferrari 812 Competizione in his collection of vehicles. This is the only car that Sainz Jr. ever bought and he got himself an extensively modified version. He received the fully customized car in 2023. 
  To learn more about his exclusive cars and get a closer look at his automotive tastes, check out the full article on his car collection.

What's next for Carlos Sainz Jr.?

Carlos Sainz Jr. has signed a multi-year deal with Williams Racing, securing his seat alongside Alexander Albon for the 2025 and 2026 Formula 1 seasons. After departing Ferrari to make way for Lewis Hamilton, Sainz is embracing this transition year at Williams, focusing on adapting to the team and contributing to car development rather than immediate podium finishes.

The 2025 season kicked off with the Australian Grand Prix on March 16, but Sainz's debut for Williams was marred by a crash, marking a challenging start to his new chapter. While the setback highlights the team's ongoing development struggles, Sainz remains focused on long-term progress, particularly with the major regulation changes in 2026, which could reshape the competitive order.