All About Fernando Alonso, Net Worth, Wins & Wife [2023 Update]

03 Dec 2023, 00:00

Fernando Alonso is a Spanish racing star who has been one of the most significant Formula One drivers since his debut with Minardi in 2001.

He is a two-time Formula One World Champion and the winner of the 2019 Daytona 24 Hours. Also, Alonso is currently a member of the Alpine F1 team.

Not to mention, he is also the youngest world champion in Formula One history. In 2005 and 2006, Alonso won the prestigious title twice, both times while driving for Renault.

Fernando Alonso: Quick Facts 

Fernando Alonso: Early Life & Family 

Fernando Alonso Diaz was born in the Spanish city of Oviedo on July 29, 1981. Jose Luis, his father, worked as a mechanic in an explosives factory and was a Kart Racer enthusiast.

Likewise, Jose wanted his children to participate in kart racing. So, when Lorena was eight and her brother Alonso was three years old, their father built a kart for them. 

Lorena, unlike her brother, had no interest in sports; hence, Alonso was given the kart instead.

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Education 

Alonso attended Oviedo’s Holy Guardian Angel Primary School until he was fourteen years old. He then went to San Lazaro’s Leopoldo Alas Clarn Institute.

In the year 2000, El Mano dropped out of school to pursue his passion for motor racing.

Fernando Alonso: Early Career

Alonso began karting when he was three years old. From 1993 to 1995, he won the junior karting championship three times in a row.

In 1996, he also won the Junior World Karting Championship. In 1997 and 1998, he won the Spanish and Italian Inter-A tournaments. 

Alonso’s family lacked the financial means to support him in his motorsport career. After winning the Karting Championships, Alonso also gained sponsors.

After proving his ability at the Albacete circuit, Formula One driver Adrian Campos offered Alonso his first break.

Alonso was outstanding, as he was able to complete the laps simultaneously as Marc Gene, Campo’s previous driver. 

At his second race at Albacete, Alonso won for the first time.

Formula One

In 2001, Alonso made his Formula One debut. At the Australian Grand Prix, he made his debut with Minardi.

Alonso then joined Renault as a test driver, and in 2003, at the Malaysian Grand Prix, he became the youngest racing driver to win Formula One Pole Position.

In 2005, Alonso won his first Formula One race. Followed by the first race in Bahrain for the second time. He went on to win the Spanish Grand Prix for the first time, becoming the first Spaniard to do it.

Alonso moved to McLaren in 2007; however, the team was later found guilty of espionage. Therefore, Alonso returned to Renault in 2008.

After colliding with a barrier and puncturing his tire, Alonso finished eleventh in the Monaco Grand Prix.

On the other hand, Alonso won his second consecutive fourth position at the Italian Grand Prix, bringing Renault level with Toyota. In 2009, Alonso remained with Renault.

Alonso joined Ferrari in 2010 as a replacement for Kimi Raikkonen. He finished fourth in 2011 after failing to win the season in 2010.

He came close to winning in the year 2012 but unfortunately lost by a few points. 

Fernando Alonso: Achievements

In 2005 and 2006, Alonso won the Formula Driver’s Championship for the second year in a row, making him the youngest double winner in Formula One history.

So far, he has 32 championship wins and 1,832-lifetime points. His fastest laps were 22 seconds. 

Likewise, he was the first entry in the 2001 Australian Grand Prix, and he won the Hungarian Grand Prix in 2003. He was now ranked 10th in 2016.

Fernando Alonso: Net Worth 

Alonso returned to Formula One in 2020, signing a two-year agreement with the Alpine F1 team worth €33 million. Also, he makes $20 million, giving him the world’s third highest-paid Formula One driver.

Likewise, Alonso earned $40 million a year after signing with Ferrari in 2010, making him the highest-paid Formula One driver for four years.

When he joined McLaren in 2015, he recaptured his position as the best-paid F1 driver. After finishing second the previous year, Alonso became the highest-paid F1 driver in his final year of the contract in 2017.

Furthermore, McClaren was earning $25 million per year from his past arrangements with Reanult.

Alonso’s net worth is believed to be $240 million, according to several web sources. He is also regarded as the third-richest racing driver in Formula One history.

Endorsements 

Since 2017, Alonso has been sponsored by Adidas. He’s also been wearing and promoting the brand, which led to a new contract with CitiBank later that year.

Alonso also became a stockholder and brand ambassador for Raw Sports drink in 2020. It was also his first deal since announcing his retirement.

In February 2020, the Spaniard was also named Fi Network’s new brand ambassador.

He had sponsorship relationships with Richard Bells, Lucas Oil Products, Bells Sports, and Progressive while competing in the Indy 500.

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Business and Investments

Since 2017, Alonso has been sponsored by Adidas. He’s also been wearing and promoting the brand, which led to a new contract with CitiBank later that year.

El Nano also became a stockholder and brand ambassador for Raw Sports drink in 2020. He had sponsorship deals with Richard Bells, Lucas Oil Products, Bells Sports, and Progressive while competing in the Indy 500.

Similarly, in 2021, Alonso teamed with NOVO Holdings Groups, an investing firm. He intends to invest in bicycle businesses.

In 2015, Spaniard wanted to build his cycling team, but it dissolved due to high costs. He is also the owner of Fernando Alonso Kart. 

FA karts are primarily utilized by children who want to get into racing by competing in go-kart races.

Fernando Alonso: Relationships 

The intelligent and attractive Fernando Alonso is one of the most well-known Formula One drivers in the world. The Spaniard is not only renowned for his racing abilities but also makes headlines for his personal life. 

Likewise, Alonso is said to have had a colorful past with the women he has dated. His romantic life has been a whirlwind.

He has been married and also has a lengthy list of wealthy and beautiful women. Fernando is now dating Linda Morselli.

Alonso and Linda started dating in 2016 and are still going strong. Linda is a TV personality and an Italian model. Valentino Rossi, a prominent GP racer, was also dating her.

Odintcova was also said to be dating Alonso in April of 2016. She is a model who is best known for her incredible Instagram photos. 

Another of Alonso’s romances was with Lara Alvarez, a well-known Spanish sportswriter. From December 2014 to March 2016, they were spotted together.

After that, Xenia Tchoumitcheva was his next fling. She is a Swiss supermodel who was born in Russia and was linked to Alonso in 2011.

The first time Fernando Alonso and his ex-wife Raquel Del Rosario met was in the year 2005. Moreover, the couple met during a Spanish radio show, and they began dating shortly after. In November 2006, the pair married and kept it a secret and only made it public in 2008.

But the rumors of an extramarital affair between Alonso and Xenia surfaced around 2011. Unfortunately, this led Alonso and Rosario to announce their divorce in December of that year.

Books and Movies

In September 2022, Fernando Alonso will publish Racer: The Autobiography, his first book. The book will tell his story from boyhood to celebrity, including his time as a world champion and incidents from his life on and off the track.

You can see the series’ trailer right here >>

Similarly, in 2020, Amazon aired Fernando, a five-part series about his fantastic return to Formula One.

It chronicles the Spaniard’s racing career and personal life. Alonso has also appeared in documentaries like Formula 1: Drive to Survive, Formula 1: BBC Sports, and A Life of Speed: The Juan Manuel Fangio.

Fernando Alonso: Charity 

Fernando Alonso was elected UNICEF Goodwill Ambassador by the UNICEF Spanish Committee in 2005 to raise awareness about children’s rights.

Later that year, Alonso took part in the UNICEF-sponsored “Beloved Child Project” in Brazil.

In 2011, Alonso visited an Indian hospital for a polio eradication campaign, and he met with young children as soon as he arrived in India. He even inoculated five patients with the oral polio vaccine later. Alonso also gave Diwali gifts to children in the wards and paraplegic sufferers.

Fernando also participated in UNICEF’s anti-cyberbullying campaigns in 2017. He then joined the UNICEF #MIax10xSiria team in 2021 to help children affected by a decade of conflict in Syria.

Fernando Alonso Foundation

Alonso also established the Fernando Alonso Foundation in 2007 to promote motor racing and road safety education and training.

For the past ten years, his organization has run the Fernando Alonso Liberbank Foundation Race to raise money for food banks in Spain. Moreover, the 10th edition of the entire event was conducted digitally, with 866 people taking part and raising €4,330.

Spain has also taken part in several charity football matches. Similarly, he auctions off his racing memorabilia to raise money.

Alonso was one of the world champions who donated his signed race suits to Wings for Life research in 2012.

Fernando Alonso: Social Media Presence

Fernando is an active social media user. He uses Twitter, Instagram, and Facebook, as well as other social media platforms.

Instagram: 3.6 million followers

Twitter: 2.9 million followers

 Facebook: 2 million followers  

Youtube: 78.7k subscriber 

Fernando Alonso: Frequently Asked Questions 

Why did Fernando divorce his ex-wife?

Fernando divorced his ex-wife Raquel del Rosario in 2011 after his alleged rumor with Xenia.

What is Fernando Alonso’s annual salary?

Alpine pays Fernando Alonso $20 million each year. Furthermore, the two-time world champion behind Lewis Hamilton and Max Verstappen is the third-best paid F1 driver in 2021.

In Lugano, what happened to Fernando Alonso?

In February, Alonso was injured in a car accident while training in Lugano, resulting in a fractured upper jaw that required hospitalization and surgery.

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