Riccardo Patrese Net Worth: How Rich Is He? Explore His Earnings

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Riccardo Patrese Net Worth: How Rich Is He? Explore His Earnings

Riccardo Patrese is a former Formula One driver. He enjoyed great popularity and financial success throughout his 16-year racing career. So, what is Patrese’s net worth? During his F1 career, the Italian-born driver participated in 257 races, starting in 256. Despite not winning the championship, he won six Formula One races, the first of which was held in 1982 at the Monaco Grand Prix.

Riccardo is a famous driver who most likely makes a living from it. According to Forbes, the highest-paid racing drivers of this era, including Max Verstappen and Lewis Hamilton, will earn $60 million and $55 million, respectively, in 2022. Patrese raced professionally from 1977 until his retirement in 1993, representing teams such as Canon Team Williams and the Warsteiner Arrows Racing Team. He mostly drives Fords and Renaults.

Four of his six Formula One victories came while racing for Renault from 1990 to 1992. After leaving the race track, he continued to show jumping while still attending races in later years. He finished third in the 2005 Masters Grand Prix format for the retired One driver format at the Kyalami GP Circuit, behind Nigel Mansell and Emerson Fittipaldi. Riccardo returned from a temporary retirement in 2018 to race at the Spa 24 Hours, where his team finished 32nd. He joins Loïc Depailler (son of veteran F1 driver Patrick Depailler), Bertrand Baguette, and Esteban Guerrieri to race the Honda NSX GT3 for the Castrol Honda Racing team.

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Riccardo Patrese Net Worth in 2024: Earnings and Career Earnings.

Riccardo retired from Formula One three decades ago, but his racing style and achievements continue to be seen on the track today. Riccardo Patrese’s net worth is expected to be $2 million in 2024. The majority of his wealth comes from his Formula One racing. Like other racers, he has a contract with a racing team that pays him well–which is understandable considering they put their lives on the line.

F1 drivers are paid a salary rather than deducted from the team’s budget limit. Some contracts may include bonuses for their success on the track, while endorsements/sponsorships provide additional cash. Patrese won six Formula One races from 1977 and 1993 under his name. His wins include the 1982 Monaco GP, 1983 South African GP, ​​1990 San Marino GP, 1991 Mexican GP, ​​1991 Portuguese GP, and 1992 Japanese Grand Prix.

During his career, the Italian racing driver raced in 257 races, setting the record for the most starts (256 races). Later, Rubens Barrichello overtook him, making his 258th Grand Prix appearance in the 2008 Turkish Grand Prix. Riccardo has never disclosed his career earnings, although he may have earned well into seven figures.

F1 Drivers Also Have To Pay Huge Registration Fees

Although the top racers make a lot of money, the FIA ​​has laws to control the flow of money. According to reports, drivers must pay a registration fee with a major tag of $11,000, which is an additional $2,230 per point compared to the previous season. For example, Verstappen had to pay a $1 million registration fee to compete in the 2023 Formula One season. The same method could have been used for Riccardo Patrese, a former racing driver. However, when compared to the potential profit, the registration price seems insignificant.

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What Is Riccardo Patrese Doing Today?

The 69-year-old former Formula One driver was born on April 17, 1954, and is now retired. Patrese continued to race in the years following his retirement, competing in the 1997 24 Hours of Le Mans, the 2005 Masters Grand Prix and the 2018 Spa 24 Hours. He also participated in show jumping, winning the Italian national amateur championship before retiring in 2014. In addition, the retired racer explored his passion for model trains.

Riccardo Patrese

Riccardo, father of five children from two marriages, currently resides in Milan, Italy, with his second wife. He and his second wife, Francesca Accordim (whom he married in 2001), have two children: Lorenzo (born on August 12, 2005), and Elena (born in 2014). He had three children with his previous wife, Susi: Simone Patrese, a boy, and Maddelena and Beatrice Patrese, twin girls.

Categories: Biography
Source: SCHOOL TRANG DAI