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What is Sergio Perez’s net worth and what is his salary in the F1 at Red Bull?

From a mansion to a luxury cars and the kind of salary that we’d all love to earn, we take a look at the Red Bull star’s net worth.

What is Sergio Perez’s net worth? What is his salary in the F1 at Red Bull?
Clive MasonGetty

As he continues to turn heads in Formula 1, it would appear that the Mexican’s star is also rising off the track as well, as his net worth and assets continue to increase.

Who is Red Bull’s Sergio Mendoza?

Widely known as ‘Checo,’ Sergio Michel Pérez Mendoza was born on 26 January 1990 in Guadalajara, Jalisco, Mexico. Now one of the focal points of a Red Bull team that also includes Max Verstappen, Pérez is the youngest child of Antonio Pérez Garibay and Marilú Mendoza de Pérez. Where his career path in racing is concerned, Pérez was actually a member of the Ferrari Driver Academy until 2012. He would later join McLaren in 2013, before joining Force India in 2014 to the tune of $1 million. Needless to say he’s done quite well since those early days.

What’s Sergio Perez’s net worth?

As of reports in 2021, the Mexican maestro is worth approximately $30 Million US Dollars. Indeed, he ranks among the highest paid on the Formula 1 circuit today. Quite a way he has come, since his days with Force India, which in turn led to him getting his maiden Formula 1 win at the 2020 Sakhir Grand Prix, before finally moving to Red Bull Racing in 2021. As things stand, Perez’s annual pay at Red Bull this year is expected to be in in excess of $18 million, including $13 million in bonuses. Given his increasing portfolio of endorsements and sponsorship deals, it would be logical to assume his worth will increase in the coming seasons.

What about Sergio Perez’s salary?

At present, it’s understood that Perez earns in the realm of $8 million in salary under Red Bull’s salary cap. It should be noted that this figure does not include driver performance bonuses or personal sponsors. The Mexican is the fourth highest paid driver on at the moment, behind the likes of Lewis Hamilton, teammate Max Verstappen, and Fernando Alonso.

The Assets and Endorsements of Sergio Perez

Interestingly, Perez still continues to live in his native Mexico - albeit in luxury. Checo currently resides in a 15, 000 sq/ft mansion with a garage that is said to include some enviable luxury cars to say the least. There is of course a Bugatti Chiron valued at $ 3 million USD, as well as a McLaren 720S ($1 Million USD), Mercedes Benz AMG ($790,000 USD) and a Porsche Panamera valued at around $305,000 USD. Where his endorsements are concerned, the Red Bull star is known to have deals in place with Telmex, Telcel, Claro, Uniclick and Kavak to name a few.