Checo Perez Net Worth

Sergio “Checo” Pérez is one of Mexico’s most successful Formula 1 drivers. Born on January 26, 1990, in Guadalajara, Jalisco, Checo has become a household name in the world of motorsport. From his early karting days to becoming a Grand Prix winner and a key part of Red Bull Racing, Checo’s journey is a testament to hard work and determination. With several podium finishes and a growing fan base, Pérez’s wealth and influence have expanded rapidly in recent years.

Checo Pérez’s Net Worth in 2025

As of 2025, Checo Pérez’s estimated net worth is approximately $75 million. His primary income source is his Formula 1 salary, currently earned as a Red Bull Racing driver. In addition to his salary, Checo earns significantly from sponsorship deals, endorsements, and bonuses tied to his performance on the racetrack.

His annual salary is estimated to be around $10 million, excluding performance bonuses and personal endorsements. With consistent performances, Checo has cemented his position as one of the highest-paid Latin American athletes in the world.

Career Journey and Achievements

Checo Pérez began his motorsport journey at the young age of six, quickly rising through the ranks of karting competitions in Mexico and the United States. His international career began in Europe, where he participated in the British Formula 3 Championship and GP2 Series.

In 2011, Checo made his Formula 1 debut with Sauber. Over the years, he raced for teams such as McLaren, Force India, Racing Point, and eventually Red Bull Racing. His first F1 victory came at the 2020 Sakhir Grand Prix, making him the first Mexican to win a race in over 50 years. Since then, Checo has collected multiple podium finishes and played a key role in Red Bull’s Constructors’ Championship ambitions.

Sources of Income

Checo Pérez’s net worth is built on diverse income streams:

• Formula 1 Salary: His base salary from Red Bull Racing is among the top ten in F1.
• Endorsements: Pérez is backed by major Mexican and international brands, including Telmex, Claro, Banorte, and Hawkers.
• Performance Bonuses: Additional income from podiums, wins, and points contributes significantly to his annual earnings.
• Personal Business Ventures: Checo has shown interest in investing in sports and automotive-related ventures, though much of it remains private.
• Merchandising: With a strong fanbase, his personal brand generates income through merchandise sales.

Endorsements and Brand Collaborations

Pérez has collaborated with numerous high-profile sponsors over the years. His Mexican heritage and international appeal make him a sought-after brand ambassador. Some of the companies he has represented include:

• Telcel and Telmex – longstanding supporters from his early career.
• Red Bull – through team branding and promotional activities.
• Banorte – a prominent Mexican bank.
• Hawkers – a sunglasses brand.
• Interprotección – a Mexican insurance group.

These endorsements not only boost his public profile but also significantly increase his annual earnings, adding millions to his net worth.

Lifestyle and Assets

Checo Pérez leads a lifestyle befitting a top-tier Formula 1 driver. While he is known for his humble demeanor, he enjoys the rewards of his success:

• Real Estate: He owns luxurious properties in Mexico, including a stunning residence in Guadalajara and a vacation home in Puerto Vallarta.
• Car Collection: As a car enthusiast, his collection includes high-end sports cars and limited-edition vehicles, many gifted or sponsored by manufacturers.
• Travel: Checo travels extensively with his family and team, often seen vacationing in exotic destinations during the off-season.

Personal Life

Off the track, Checo Pérez is a dedicated family man. He is married to Carola Martínez, and the couple has three children. The pair tied the knot in 2018 in a lavish ceremony attended by close friends and family.

Despite his busy racing calendar, Pérez prioritizes his time with his wife and children. He is also involved in charitable work through the Checo Pérez Foundation, which supports underprivileged children in Mexico, particularly in education and health sectors.

Philanthropy and Social Contributions

Checo is deeply committed to giving back to his community. Through the Checo Pérez Foundation, he supports:

• Scholarships for students in Mexico.
• Medical assistance for children with cancer and other serious conditions.
• Sports programs that aim to engage youth in constructive activities.

He frequently donates part of his race earnings and leverages his platform to promote awareness and raise funds for various causes.

Public Perception and Legacy

Checo Pérez is widely admired for his perseverance, humility, and determination. As one of the most successful Mexican drivers in F1 history, he has inspired a new generation of motorsport enthusiasts in Latin America.

His underdog story—fighting to secure a seat in top teams and proving his worth with stellar performances—resonates with fans around the globe. Checo’s popularity has made him a symbol of national pride in Mexico.

How much is Checo Pérez worth in 2025?

Checo Pérez has an estimated net worth of $75 million as of 2025, combining earnings from racing, endorsements, and business ventures.