Fernando Alonso Net Worth 2020: How much does F1 legend Fernando Alonso worth in 2020, will his move to Renault bolster it?
The veteran driver is set to make a comeback in Formula 1 racing with Renault reportedly about to hire him for the 2021 season. The Spanish legend will replace Daniel Ricciardo who is making a move to McLaren.
Alonso’s last spell in Formula 1 was with McLaren back in 2018, which was not a joyous one to watch, as the car made by the British company was one of the slowest in the grids.
In 2018, Alonso announced his retirement but remained with McLaren as an advisor to aid and advise its engineers and drivers. Alonso also drove in select test sessions to develop the MCL34 and MCL35 cars.
Alonso drove the MCL34 during a two-day in-season post-race Bahrain test in April 2019 to develop tyres for Pirelli. His contract came to an end in 2019 and wasn’t renewed further.
Fernando Alonso Net Worth 2020
As of 2020, the current worth of Alonso is $240 million. During his last stint in Formula 1 his salary was a lucrative figure of $33 million. He is sponsored by Kimoa, Adidas, Logitech, and many more brands. He is 39th on the Forbes list of Highest-Paid Athletes in 2018.
Alonso often sports sunglasses, which are made by his own fashion brand- Kimoa. Renault in the current contract with Ricciardo pays him around $27 million annually.
Giving a huge financial relief, hence Alonso might be able to fetch a contract giving him around $20 million-a-year at least. As of now, Renault hasn’t spoken on this update.
Two-time world champion Fernando Alonso is set to return to F1 with Renault in 2021, with a deal expected to be announced on Wednesday!https://t.co/tTL8Z4ocVP
— ESPN F1 (@ESPNF1) July 7, 2020
However, several reliable sources are claiming that the move is inevitable, which will bury any news of Valtteri Bottas or Sebastian Vettel making a move to the French constructors.