Frederic Vasseur, the charismatic team principal of Ferrari, took the reins of the Italian team in January 2023 after a successful tenure at the helm of Alfa Romeo. Thanks to this, his personal fortune has been growing significantly.
His arrival in Maranello was met with enthusiasm, as he is credited with the ability to revitalize teams and bring them back to competitiveness. His earnings reflect his success daily, as well as his accomplishments with the team.
Beyond the figures currently in his bank account, he has been rubbing shoulders with high-profile figures like the pilots Lewis Hamilton and Charles Leclerc, who lead the talented racing team of Formula 1.
What is Frederic Vasseur’s net worth?
Frederic Vasseur has been part of talented F1 teams for several years, but his arrival at Ferrari has opened new doors and opportunities, increasing his earnings as well. As of March 2025, he has a net worth of $3.5 million.
Frederic Vasseur, Team Principal of Scuderia Ferrari in the Paddock during previews ahead of the F1 Grand Prix of China at Shanghai International Circuit on March 20, 2025. (Source: Clive Rose/Getty Images)
Although his fortune is not as high as that of other prominent figures in Formula 1, his role as team principal of Ferrari, along with his previous positions at other teams like Alfa Romeo, has contributed to the growth of his wealth.
What is Frederic Vasseur’s salary?
Frederic Vasseur’s salary in Ferrari is estimated to be between €6 million and €8 million per year, placing him among the highest-paid in Formula 1. According to Sportskeeda, he ranks #5 on the list of the richest team principals.
In addition to their base salary, it is common for Formula 1 team principals to receive bonuses and other incentives tied to the team’s performance in the championship, although no specific details have been revealed so far.
Before joining Ferrari in January 2023, he accumulated extensive experience in motorsport, having led teams such as Alfa Romeo and ART Grand Prix, earning significant financial gains from his achievements in each of them.
