Kevin Magnussen Net Worth 2023, F1 Salary, F1 Driver Endorsement

Kevin Magnussen Net Worth 2023, F1 Salary, F1 Driver Endorsement

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Kevin Magnussen, a skilled Danish Formula One driver who has had success with McLaren, Renault, and Haas F1 teams. He comes from a family with a strong racing background, and his notable career started in 2014. Kevin Magnussen net worth is $30 million in 2023 and a $7 million salary, his recent return to Haas is expected to increase his earnings by 30% over the next two years. Magnussen’s story shows his talent, hard work, and the impact of his family’s racing legacy.

What Is Kevin Magnussen Net Worth And Salary In 2023?

Kevin Magnussen has a net worth of $30 million. He gets a $7 million salary from the Haas F1 Team.

Kevin Magnussen had a fortunate break when the Haas F1 team removed Nikita Mazepin. It’s expected that Kevin Magnussen’s net worth will increase by 30% over the next two years. Read more: Seth Enslow Net Worth 2023

Who is Kevin Magnussen?

Kevin Magnussen is a Danish Formula One racing driver, and he races for the Haas F1 Team. His dad is Jan Magnussen, a former F1 driver. 

Kevin began his career with the McLaren Formula One team’s Young Driver Programme, just like his dad. He first raced for McLaren in the 2014 Formula One World Championship and ended up in second place after someone got disqualified.

After his debut in 2014, Kevin Magnussen became the first new driver to finish on the podium since Jacques Villeneuve in 1996. 

He later joined Renault for the 2016 season. Magnussen then switched to Haas and drove for them from 2017 to 2020. 

However, he was replaced by rookies Nikita Mazepin and Mick Schumacher. When Mazepin’s contract was terminated due to Russia’s attack on Ukraine, Magnussen returned to Haas, signing a multi-year deal to fill his seat.

Name Kevin Magnussen
Date of birth October 5, 1992
Place of birthRoskilde, Denmark
Age 31 years old 
Nationality British 
Zodiac SignLibra
Salary $7 million
Net Worth 2023$30 million
Kevin Magnussen Net Worth 2022$25 million
Kevin Magnussen Biography

Kevin Magnussen Career

Kevin Magnussen was born in Roskilde, Denmark, and started his racing career in karting. He worked his way up through the McLaren Formula One team’s Young Driver Programme and raced for McLaren in the 2014 Formula One World Championship. 

Later, he joined Renault in 2016. In 2022, Kevin Magnussen returned to Haas, signing a multi-year deal with the team.

In 2012, Kevin Magnussen advanced to the Formula Renault 3.5 Series with the Carlin team, where his teammate was Will Stevens. 

The following year, 2013, turned out to be much more successful for Magnussen. He secured five victories, eight additional podium finishes, and eight pole positions.

Kevin Magnussen kept driving for Haas in 2020, teaming up with Grosjean again. In 2022, due to the Russian invasion of Ukraine, Haas ended its contract with Nikita Mazepin right away. 

Kevin Magnussen was named as his replacement on a multi-year agreement, becoming partners with Mick Schumacher. Read more: Brett Bodine Net Worth 2023

Kevin Magnussen Wife And Kids

Kevin Magnussen is married to Louise Gjørup. He proposed to her after the Mexico Grand Prix in October 2018, and they got married on October 10, 2019, in Denmark. 

Louise shared photos of their wedding day on Instagram, expressing love for her new husband. The couple has two daughters. Their first child, Laura, was born prematurely on January 11, 2021. 

Louise shared the news on Instagram, calling Laura their tiny miracle. Despite arriving 7 weeks early, Laura has been loved since day one. 

Their second baby, Agnes, was born in August 2023. Kevin joyfully announced the arrival on Instagram, welcoming Agnes as Laura’s little sister.

Kevin Magnussen Family

Kevin Magnussen was born on October 5, 1992, in Roskilde, Denmark. This means he turned 31 in 2023. 

His dad is Jan Magnussen, a four-time Le Mans winner and former Formula One driver born in 1973. Kevin’s mom is Britt Petersen, born in 1975, but not much is known about her.

Kevin has two half-siblings from his dad Jan and his second wife, Christina. Luca was born in 2009, and Millie arrived in 2011. 

Kevin’s cousin Dennis Lind, born in 1993, is also a racecar driver. The Magnussen family has a connection to the world of racing through multiple members.

Kevin Magnussen Cars Collection

Kevin Magnussen just bought a Lamborghini Aventador for $1 million. He also owns a Bugatti Chiron, which he got for $3 million. 

Here are a few more cars owned by Kevin Magnussen. You can also check out Christian Horner’s net worth.

  • Volvo XC60
  • Ferrari Portofino
  • Land Rover Discovery

Kevin Magnussen House

Kevin Magnussen resides in a spacious and luxurious 6,900-square-foot house situated in Roskilde, Denmark. The estimated cost of this impressive residence is around $10 million

His choice of a home reflects both his success in his racing career and his personal taste for comfortable living. 

The property not only provides a residence for Magnussen but also stands as a symbol of his accomplishments and financial success in the world of Formula One. Living in such a residence undoubtedly adds to the overall lifestyle and image of Kevin Magnussen.

Kevin Magnussen Age, Height And Weight

Born in 1992, Kevin Magnussen is 31 years old as of 2023. He is a tall straight guy standing at a height of 5ft 9 inches. He weighs approximately 68 kg.

Kevin Magnussen Social Media 

Here are the social media accounts of Kevin Magnussen:

Kevin Magnussen Instagramkevinmagnussen
Kevin Magnussen FacebookKevin Magnussen
Kevin Magnussen Twitter @KevinMagnussen
Kevin Magnussen Social Media Profiles

He has an immense following on his social media accounts. 1.2 million followers are on his instagram account and almost 234k followers are on facebook.


Danish F1 driver Kevin Magnussen, from a racing family, had success with McLaren, Renault, and Haas teams. His net worth is $30 million, with a $7 million salary. Rejoining Haas, his earnings are expected to grow by 30% in the next two years. Magnussen’s story showcases talent, hard work, and a family legacy in motorsports.

People Also Ask About Kevin Magnussen

How much is Kevin Magnussen getting paid?

Kevin Magnussen (Haas, 8th season) earns $5 million. Alexander Albon (Williams, 4th season) makes $3 million. Oscar Piastri (McLaren, 1st season) has a $2 million salary. Lance Stroll (Aston Martin, 7th season) also earns $2 million.

Is Kevin Magnussen rich?

Kevin Magnussen is ranked ninth in the Formula 1 driver net worth list. He earned most of his money from racing and endorsements. Magnussen currently races for the Haas F1 team and is expected to be worth about £20.8 million in 2023.

Who is the highest paid F1 driver?

Max Verstappen (Red Bull, ninth F1 season), $55 million.

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