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

Riccardo Patrese is a former Formula 1 driver. He was very famous and financially successful throughout his 16-year racing career. So what is Patrese’s net worth? Throughout his F1 career, the Italian-born driver participated in 257 races, starting with 256. Although he did not win the championship, he won six Formula 1 races, of which the first took place in 1982 at the Monaco Grand Prix.

Riccardo was a famous driver and most likely made a good living from it. According to Forbes, the highest-paid drivers of this age, including Max Verstappen and Lewis Hamilton, will earn $60 million and $55 million respectively in 2022. Patrese raced professionally from 1977 until retired in 1993, representing teams such as Canon Team Williams and Warsteiner Arrows Racing Team. He mainly drives Ford and Renault cars.

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

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

Riccardo retired from Formula 1 three decades ago, but his racing style and achievements continue to be reflected on the track to this day. Riccardo Patrese’s net worth is expected to be $2 million by 2024. Most of his wealth comes from Formula One racing. Like other racers, he has contracts with racing teams that pay him handsomely – which is understandable considering they risk their lives.

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Riccardo Patrese

F1 drivers are paid a salary instead of having it deducted from the team’s budget limit. Some contracts may include bonuses for their success on the track, while endorsements/sponsorships will bring in additional cash. Patrese won six Formula 1 races between 1977 and 1993 to his name. His wins include the 1982 Monaco GP, 1983 South African GP, ​​1990 San Marino GP, 1991 Mexican GP, ​​1991 Portuguese GP and the 1992 Japanese Grand Prix.

Throughout his career, the Italian racer raced 257 races, setting a record for the most starts (256 races). Rubens Barrichello then overtook him, making his 258th appearance at the Turkish Grand Prix. Riccardo has never disclosed his career earnings, although he can earn up to seven figures.

F1 drivers also have to pay a hefty registration fee

Even when the top drivers make a lot of money, the FIA ​​still has rules to control the flow of money. According to the report, the registration fee for drivers with the primary card is $11,000, an increase of $2,230 per point compared to last season. For example, Verstappen had to pay a $1 million registration fee to compete in the 2023 Formula 1 season. Similar methods could have been applied to Riccardo Patrese, a former racing driver. However, when compared to the potential profits, the subscription price seems insignificant.

What is Riccardo Patrese doing these days?

The 69-year-old former Formula 1 driver was born on April 17, 1954 and is currently retired. Patrese continued racing in the years after his retirement, competing at the 1997 24 Hours of Le Mans, the 2005 Grand Prix Masters and the 2018 Spa 24 Hours. He also participated in show jumping, winning the national amateur championship Italy before retiring in 2014. The retired racer is exploring his love of model trains.

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Riccardo Patrese

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

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