Like every other industry, the world of motorsports cherishes an underdog story. So while Max Verstappen is ruling the Formula 1 landscape, defeating him has brought Charles Leclerc into the limelight. Here’s all you need to know about Charles Leclerc including his net worth, career highs and more.
But is he really an underdog? With five race wins and 34 podium finishes from 130 races before 26 May 2024 (when he won the Monaco F1 GP for Ferrari), Leclerc has been a strong force in the F1 circuit for a while. In fact, he won the FIA Pole Trophy for most pole positions in 2019, becoming the youngest driver to do so. He also finished as the runners-up to Verstappen in the 2022 World Championships.
At the Monaco Grand Prix 2024, Leclerc proved once more why the world should not forget about the threat he poses. The Monégasque driver won his home Grand Prix and closed the gap with Verstappen on the 2024 Drivers’ Standings.
While he was ruthless in 2023 and started 2024 on a similar note, Verstappen has faltered on multiple occasions in the past couple of months. His peers have left no stone unturned to cash in on this opportunity. Leclerc possibly poses the biggest threat to the Belgian at present.
One of the greatest F1 drivers of all time, Lewis Hamilton, is set to join Scuderia Ferrari in 2025. This means that Leclerc will race alongside the Briton for at least two seasons. For context, the Briton’s new contract with ‘The Prancing Horse’ ends in 2026.
As he attempts to topple Max Verstappen from his throne, we delve deep into the net worth of Charles Leclerc in 2024, his salary from the Ferrari contract, his house, cars and more.
By virtue of being associated with Formula 1, one of the most financially rewarding sporting disciplines, the Monégasque has been able to amass a fortune to date. But how much wealth does he command?
According to a report by Celebrity Net Worth, the net worth of Charles Leclerc in 2024 is around USD 40 million (nearly SGD 54 million). Albeit not in the league of Lewis Hamilton and Max Verstappen, Leclerc is among the richest F1 drivers in the world.
In its list of ’30 Under 30 – Europe – Sports & Games’ for 2022, Forbes included Leclerc alongside prodigies such as Kylian Mbappé and Fabien Devide.
Charles Leclerc’s rise in the world of motorsports has been meteoric. With a string of podium finishes, the Monégasque driver has ascended to the highest echelon of F1 in the modern era.
A majority of his wealth can be attributed to Leclerc’s earnings from F1. While he earned USD 24 million per annum from his old contract till 2024, the new contract, that keeps him with Scuderia Ferrari till 2029, offers him USD 34 million every year.
As a matter of fact, Leclerc ranks third in the list of the highest-paid F1 drivers in the world, trailing only Max Verstappen and Lewis Hamilton.
Like many of his fellow F1 racers, Charles Leclerc resides in Monte Carlo, Monaco. However, contrary to the others, he is a naturalised citizen of Monaco and has grown up there.
Leclerc likes to keep details of his personal life under wraps. However, a few reports suggest that the house he lives in boasts a modern kitchen adorned with white cabinets and a marble countertop.
The Monégasque’s love for music is well-known. He even has a few musical records to his name. For the unversed, Leclerc’s debut piano-composed single, ‘AUS23 (1:1)’ was released in April 2023. To that end, the F1 driver has a white grand piano in his home.
In addition to his primary residence in Monaco, reports suggest Leclerc has recently purchased an under-construction condominium in Miami, Florida. This property is a part of the planned Edition Residences, a collection of luxury condominiums. While the valuation of this asset is unknown, sources suggest the prices for condos at this tower start at USD 3.1 million.
Most F1 drivers have a penchant for exotic cars, and Charles Leclerc is no different. The Monégasque driver’s collection worth a staggering USD 7 million (approximately) underlines this enthusiasm.
Some of the cars in Leclerc’s garage include:
A rear-wheel drive, the Jaguar XF is a premium sedan with a turbocharged engine that can produce up to 300 horsepower. It also offers an eight0spped automatic transmission. The car is valued at over USD 50,000.
Land Rover brings the best of performance and comfort together in the Discovery. This SUV has a five-litre engine that can generate up to 375 horsepower with a top speed of 249 kilometres per hour. This vehicle is priced between USD 70,000 and USD 80,000.
One of the finest sports cars in Charles Leclerc’s collection, the McLaren GT boasts a powerful 3,944-cc twin-turbocharged V8 engine that can produce up to 612 horsepower. The car can accelerate from 0 to 100 kilometres per hour in just over three seconds. It is worth nearly USD 205,000.
Another car with a twin-turbocharged V8 engine, it is only fitting that one of the most powerful sports cars from Ferrari finds a place in their racing team’s driver’s collection. The GTC4 Lusso can go from 0 to 100 kilometres per hour in a mere 3.5 seconds. This car is worth around USD 270,000.
Rolls Royce is known for equipping cars with powerful engines, and the Wraith in Leclerc’s collection is no different. The 6.6-litre turbocharged V12 engine can produce up to 624 horsepower. This car is valued at USD 320,500.
Charles Leclerc’s love affair with Ferrari’s sports cars extends beyond the GTC4 Lusso. The 488 Pista is arguably one of his prized possessions. It is powered by a twin-turbocharged 3.9-litre V8 engine, can produce up to 710 horsepower and enables the car to go from 0 to 100 kilometres per hour in just 2.9 seconds. This Ferrari model is worth USD 525,000.
The most powerful car in Charles Leclerc’s collection, hands down, is the Bugatti Chiron. Under the hood, the car is packed with a quad-turbo W12 engine that can produce up to 1,310 horsepower. It can go from 0-100 within 2.5 seconds and offers a seven-speed automatic transmission. The car is valued at around USD 3.5 million.
Being one of the best F1 drivers in contemporary times, Charles Leclerc is the apple of several multinational brands’ eyes. And he has a fair number of them in his decorated endorsement portfolio.
According to reports, the Monégasque driver enjoys sponsorship deals with Peroni, Bang & Olufsen, Puma, Richard Mille, Ray-Ban, Giorgio Armani, EA Sports and Kaspersky, among others. These contracts add a significant amount to his overall net worth.
Back in Monaco, Charles Leclerc is known for his philanthropic activities besides his success on the f1 circuit.
In 2018, the Scuderia Ferrari driver was made an ambassador for the Princess Charlene of Monaco Foundation. During the COVID-19 pandemic in 2020, he helped the Red Cross of Monaco by delivering meals and shipping medical equipment. He also supports the Italian Red Cross in its fundraising campaigns and contributes towards its relief efforts.
(Main and Featured Images Credits: Charles Leclerc/Instagram)
This story first appeared on Lifestyle Asia Singapore.
As of May 2024, Charles Leclerc has a net worth of USD 40 million (SGD 54 million).
The valuation of Charles Leclerc's Monaco house is unknown to date.
Charles Leclerc owns a number of cars in his collection, including a Bugatti Chiron, a Ferrari 488 Pista and a Rolls Royce Wraith.
Uddipta writes about sports and watches besides occasionally venturing into the world of automobiles and technology. He was associated with the Indian Express in the capacity of a sub-editor at their Lifestyle ..Read More
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