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Check Out F1 Driver Lando Norris’ Net Worth, Salary, Brand Deals and More

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6m ago

May 16, 2024 / 8285 Views

Evan Walker

No more Lando Nowins! After a long and rigorous wait of five years, Lando Norris finally won his first Grand Prix. At a time when the F1 landscape is being ruled by Max Verstappen, thwarting the dominance of the Belgian was no joke. Scuderia Ferrari’s Carlos Sainz Jr. did it earlier in 2024, and on Sunday, 5 May, it was Norris’ turn. The British driver beat Verstappen to the finish line by nearly 8 seconds to win the Miami Grand Prix.

Still in his early 20s, Norris has been one of the most consistent performers on the F1 circuit for the past few years. Therefore, this win was pretty much on the cards. F1 legend Lewis Hamilton, reigning champion Max Verstappen, and all the fellow drivers congratulated him on this incredible achievement. With age on his side, pundits believe the youngster has a bright future ahead of him.

It is a well-established fact that F1 as a sporting discipline offers room to the drivers for amassing a fortune. As a result, there is always some curiosity regarding these drivers’ valuation. So, since the first Grand Prix win of his career, the internet has been buzzing with questions about the Briton’s wealth.

On that note, here is a detailed look at the Miami GP 2024 winner Lando Norris’ net worth, salary, all the expensive luxury assets he owns, the brands who sponsor him, and more.

Lando Norris’ net worth: Everything you need to know about the Briton’s wealth

How much is Lando Norris’ net worth in 2024?

The drivers who perform well in F1 often enjoy the luxury of having millions of dollars to their names. His consistency in the Grand Prix races of late means that Norris, too, is a multi-millionaire. But how much is his exact valuation?

According to a report by Celebrity Net Worth, Lando Norris, in 2024, boasts a net worth of USD 30 million.

Albeit not in the same league as someone like Lewis Hamilton, Norris has a greater-than-average wealth among sports personalities around the world. And the fact that he is young, cements his chances to be one of the richest sportspersons in the future.

What is Lando Norris’ salary?

Lando Norris’ present salary has an important role in us predicting him as a possible richest sports personality in the coming days.

Earlier in 2024, McLaren Racing Limited signed a contract extension with Norris to stay with the constructor side till 2027. According to the terms of this deal, the Briton takes home a salary of USD 25 million per annum.

His salary sees Norris rank fourth in the list of the highest-paid F1 drivers in the world at the time of writing this article. For context, Max Verstappen has the highest salary among all the participants in the F1 circuit (USD 55 million).

A peek into Lando Norris’ house

Hailing from Bristol, Norris moved across England to live in Woking, Surrey. Fun fact: Lando Norris’ house was close to McLaren’s headquarters, the McLaren Technology Centre.

On November 30, 2021, Norris took to social media to post a photo. “Say hello to my new home,” the caption read.

View this post on Instagram

A post shared by Lando Norris (@landonorris)

The house, situated in Monaco, has a “pretty view”, according to Norris. However, the Briton has maintained secrecy about his personal life ever since, which includes not sharing details about his luxurious property.

Which cars does Lando Norris have in his garage?

A peek into the Briton’s garage will let you know that the F1 driver is an avid automobile enthusiast. With a number of exotic luxury as well as high-performance vehicles in his collection, Lando Norris’ penchant for cars is hardly a secret.

Among the many cars that we know are in his possession, Norris is particularly fond of the Rolls-Royce Wraith. The luxury car is worth an estimated USD 450,000 in 2024.

Some of the other vehicles in Norris’ collection include:

Lamborghini Aventador (USD 550,000)
Ferrari F8 (USD 490,000)
McLaren 720S (USD 310,500)
Jaguar F-Type (USD 115,000)
Land Rover Defender (USD 110,000)
Audi Q8 (USD 80,000)

It is important to note that all the figures provided above are approximates.

Which brands does Lando Norris endorse?

Much akin to his peers from the world of F1, Lando Norris enjoys the privilege of having several multinational brands in his endorsement portfolio.

The most prominent sponsorship deal that the Briton has is with McLaren Automotive. As a matter of fact, the McLaren 720S in his collection was a gift from the British automobile company after he signed an endorsement contract with them.

One of the most popular auto racing helmet manufacturers in the world, Bell Helmets was established in 1954. The company has an endorsement deal with Norris. According to the terms of the contract, the driver wears helmets crafted by this brand in the Grand Prix races.

McLaren and Bell Helmets hold a prime position among all the brands in Norris’ endorsement portfolio — he earns around USD 4 million per year from each of these companies.

Other brands that Norris endorse include the likes of ADD Management, PAP, Wearegrip, TUMI and Pure Electric. The Briton earns an estimated USD 10 million per annum from all his endorsements.

Other investments made by Lando Norris

Even though he is a youngster, Lando Norris possesses a strong Business acumen and has put his funds to good use. His investment portfolio covers a myriad of sectors like real estate, Technology and start-ups.

In late 2020, Lando Norris founded an eSports team named Quadrant. The brand generates huge revenues from partnerships and merchandise sales. Recently, Quadrant signed a partnership contract with popular YouTube star Will Lenney (commonly known as WillNE). The eSports team’s YouTube channel is worth around USD 76.3 million, according to a report by Net Sport Worth.

In January 2024, the brand announced a new initiative named ‘Quadrant Athletes’. As a part of this venture, the company owned by the Briton signed four athletes — Olympic skateboarder Keegan Palmer, Rally2 driver Oliver Solberg, Motocross rider Lotte van Drunen and Moto 3 rider Iván Ortolá.

Norris also founded a karting team named LN Kart Racing in 2021. The objective was to provide a platform for young drivers to hone their skills.

In 2023, Norris, alongside fellow F1 racers Carlos Sainz Jr. and Valtteri Bottas, agreed to back a sports development fund worth USD 54 million by Lisbon-based company Apex Capital. Other athletes who support this venture include popular football stars Christian Eriksen and Raphael Varane from Manchester United.

Additionally, the Briton has stakes in the London-based property development firm Projectcore, as well as in tech companies such as VirtaMed and DeepMind.

Is Lando Norris involved with works of charity?

A benevolent spirit, Lando Norris does his bit to give back to society from time to time.

In 2020, the Briton made use of a Twitch charity stream to raise USD 10,000 for donations as a COVID-19 relief fund. Moreover, he shaved his head to raise an additional USD 12,000. For context, he promised to shave his head if he hit the USD 10,000 mark.

During the pandemic, he joined forces with a few of his fellow F1 drivers to organise an event named ‘Race For The World’. Like the Twitch charity stream, the USD 70,000 raised in this event went to the relief of the people whose lives were impacted by the deadly virus.

(Main and Featured Images Credits: Lando Norris/Instagram)

This story first appeared on Augustman Singapore

Frequently Asked Questions (FAQs)

– How much does Lando Norris earn annually?
Lando Norris has an annual income of USD 25 million from his F1 contract with McLaren Racing.

– How much is Lando Norris’ net worth in 2024?
Lando Norris has a net worth of USD 30 million.

– How many cars does Lando Norris own?
Lando Norris has several cars in his collection. The list includes vehicles from Rolls-Royce, McLaren, Ferrari and Land Rover.

– What is the worth of Lando Norris’ house?
The valuation of Lando Norris’ house remains unknown.