Net worth

Ferrari F1 Team Principal Mattia Binotto’s Net Worth: Lavish Lifestyle, Houses and Cars Collection

Ferrari is an iconic team on the Formula 1 grid and being the Maranello-based team principal is a huge responsibility. The current boss of the Italian team is Mattia Binotto.


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The Swiss-Italian boss has been part of the Italy team since 1995. He progressed through the team and eventually became the main man in 2019. But many are curious to know more about his income and the lifestyle he leads.

Formula One F1 – Russian Grand Prix – Sochi Autodrom, Sochi, Russia – September 26, 2021 Ferrari team principal Mattia Binotto is seen in a protective mask before the race REUTERS/Maxim Shemetov

The lifestyle and earnings of Ferrari’s Mattia Binotto


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Being part of the Italian team is the most prestigious thing one can ask for in the world of Formula 1. Binotto has been part of the team since he graduated from university and worked his way up to become the team manager.

According to a report, Binotto’s net worth is estimated between $1 million and $5 million. However, his income from the Italian team remains undisclosed. He leads a lavish life and owns a house in Modena, Italy. Moreover, he has a collection of automobiles in his garage.

Everyone in the F1 world is a car fanatic, and Binotto is no different. The team manager of the Marnell0-based team has a Ferrari GTC4Lusso, an Alfa Romeo Stelvio, a Ferrari F12 and a Porsche Cayenne Turbo in his garage.

Watch the story: From Lewis Hamilton’s shocking crash to Ferrari’s pitstop blunder: The most sensational moments in Bahrain GP history

Who are its drivers for the next Formula 1 season?


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After the end of the 2020 season, the Italian team parted ways with four-time world champion Sebastian Vettel to bring Spaniard Carlos Sainz to partner Charles Leclerc.

Formula One F1 – Pre-Season Testing – Bahrain International Circuit, Sakhir, Bahrain – March 14, 2021 Ferrari’s Carlos Sainz Jr. and Ferrari’s Charles Leclerc arrive for testing REUTERS/Hamad I Mohammed

The 2021 season was impressive for the team as they finished ‘best of the rest’ ahead of McLaren and Alpine.


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After finishing third in the constructors’ standings in 2021, what are your predictions for Ferrari for the coming season? Let us know in the comments section below.


Report: Mattia Binotto retains role in F1 as Ferrari undergoes big changes to its organizational structure

11 days ago

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