F1

Fernando Alonso set to add to staggering net worth after joining Aston Martin

Fernando Alonso? More like Fernando Alon-so rich! … *crickets*

The Spanish Formula 1 legend has officially signed a lucrative multi-year deal with Aston Martin and will replace the retiring Sebastian Vettel at the end of the season, bringing his short tenure with Alpine to an abrupt end.

The details of his new contract haven't been disclosed yet, but it's thought he'll be earning around £20million-a-year as a base salary at his new team, and will likely be taking home an extra £10million through sponsorships and endorsements – which will take his eye-watering net worth well over the £200million mark.

READ MORE: F1 fans predict fireworks between Fernando Alonso and Aston Martin boss Stroll

The two-time world champion is one of the wealthiest drivers of all time having competed in Formula 1 for almost two decades – roughly half of which he spent either winning or challenging for the title.

Acknowledged as one of the most talented drivers of his generation, Alonso won his two titles in 2005 and 2006 with Renault but has failed to repeat the success. He came close with Ferrari in 2010 only to be denied by Vettel at the final round in Abu Dhabi and after his relationship with the Scuderia deteriorated he returned to McLaren, where he spent a year in 2007.

How will Alonso fare at Aston Martin next season? Let us know what you think in the comments section below.

He took two years out of the sport in 2019 and 2020, when he competed in the World Endurance Championship and won Le Mans twice before coming back to F1 with Alpine in 2021, convinced their programme would give him the chance to challenge for wins, though he's remained firmly in the middle of the pack ever since.

Speaking about his decision to join Aston Martin this week, the 41-year-old said: "This team is clearly applying the energy and commitment to win, and it is therefore one of the most exciting teams in Formula One today.

"I have watched as the team has systematically attracted great people with winning pedigrees, and I have become aware of the huge commitment to new facilities and resources at Silverstone.

"No one in Formula One today is demonstrating a greater vision and absolute commitment to winning, and that makes it a really exciting opportunity for me."

READ NEXT:

  • Martin Brundle grid walk ambushed amid Fernando Alonso snub ahead of Hungarian GP
  • George Russell says Mercedes have respected regulations more than Red Bull and Ferrari
  • Max Verstappen and Lewis Hamilton united in reaction to Ferrari strategy blunder

Source: Read Full Article