| Name | Mick Schumacher |
| Age | 24 |
| Occupation | Formula 1 Reserve Driver |
| Net Worth | $5 million |
| Formula 1 Salary | $1 million |
| Marital Status | Not Married, in a relationship with Laila Hasanovic |
| Residence | Switzerland |
| Nationality | German |
Last Updated: December 29, 2023
The case for Mick Schumacher is unique. Mick is the son of legendary Formula One driver and seven-time Formula One World Champion Michael Schumacher. Racing is in his DNA and the youngster started his motorsport career in 2008 and has risen through the ranks winning the 2018 FIA F3 European Championship & the 2020 FIA Formula 2 Championship. Mick signed for the Haas team in 2021 and drove the VF22 in the 2022 F1 season. Then, he was let go of by the American outfit, in favor of Nico Hulkenberg.
Mick served as a Mercedes reserve driver in 2023, and in 2024, he will serve as a part of Alpine’s World Endurance Championship team. He will drive alongside Ferdinand Habsburg–the heir apparent to the Habsburg royal family of Austria. Speaking of royalty, Mick’s own family is not too far from such a status as his father is considered the king of motorsports in Germany. Here is the detailed breakdown of Mick’s net worth, his salary in 2024, and other information.
Mick Schumacher Net Worth
Mick Schumacher is an aspiring racer who has a knack for racing gifted from his father, Micheal Schumacher. Schumacher followed in his father’s footsteps and cited Ferrari’s big part of his heart and the specialities with the team within his family from childhood as a significant part of joining the team’s academy.
Mick won the FIA Formula 2 Championship in 2020 and made his way into F1 the following year. Schumacher’s net worth is around $5 Million. This includes his list of endorsements and also his Formula 1 salary for the 2022 season. In 2024, he will be seen in the WEC, and his net worth is only expected to grow given his new contracts. He will also be staying as a Mercedes reserve driver during this time.
Mick Schumacher Contracts & Salary
Mick Schumacher rose through the ranks and won a seat with Haas after securing the F2 championship title in 2020. The rookie showed promise, but his efforts weren’t enough for the Haas F1 team to retain him for the 2023 season. In 2024, he will appear as an Endurance racer, and his contract is with Alpine.
Schumacher reportedly earned an annual salary of $1 million at Haas F1 team and had a contract till the end of the 2022 F1 season. He earned the same as the likes of Yuki Tsunoda and Nicholas Latifi . However, as of 2024, Mick is not racing on the F1 grid as a regular driver anymore. He is a reserve driver with the Mercedes AMG F1 team but his salary details remain undisclosed. And he also earns a hefty sum as a part of the Alpine squad in World Endurance Championship. But his salary is not known.
Mick Schumacher Endorsements
Mick Schumacher joined the Ferrari Driver Academy in 2019 and has been affiliated with the Italian racing outfit his father raced with. He also served the role of ‘Reserve driver’ for Ferrari. However, as of 2024, Mick is not a part of the FDA anymore.
Mick is also affiliated with sports apparel brand ‘Under Armour’ releasing a “My Way Through” series of clothing and merchandise. He also has tie-ups with Luxury Watchmaker Richard Mille, Deutsche Vermögensberatung, Web hosting company 1&1 Ionos, Schuberth, Ravenol and SSI Schaefer.
Mick Schumacher Investments into Businesses
Mick Schumacher is only 24 years old, and as a new entrant into the world of competitive racing, he has not made any of his investments public in 2024.
But he is the only son of $600 million net worth F1 legend Michael Schumacher, thus it goes without saying that Mick stands to get a massive inheritance which he will surely be putting into supporting promising businesses later on in the future.
Mick Schumacher Investment into House/Real Estate
Mick Schumacher stays with his family in Switzerland. There is no information regarding what other investments into housing property the young German has made with his own net worth from racing.
Mick Schumacher Car Collection
Mick Schumacher is still too young and inexperienced in the racing world to enjoy a host of his own luxury racecars, but he still has his father Michael Schumacher’s entire repository of cars at his disposal.
Mick Schumacher Watches
Mick Schumacher, a rising star in the Endurance Racing scenery, is known not only for his impressive racing skills but also for his impeccable taste in timepieces.
He has worn the Cyrus Klepcys Dice, a limited edition watch that boasts a stunning design and innovative features, according to reports by SuperWatchMan.
Mick Schumacher Girlfriend Laila Hasanovic Net Worth
Mick Schumacher was previously rumored to be dating Norwegian Justine Huysman. The two have been spotted around the paddock on race days and both families are close with each other. Justine’s father Harald was also a racing driver. It is believed that the Schumachers and Huysmans have been friends for many years.
As of 2024, Mick is in a relationship with Russian model Laila Hasanovic. The couple have made plenty of appearances on each other’s social media. Hasanovic has a thriving modeling career both online and offline too. But her net worth is unclear in 2024.
Mick Schumacher Charity Work
Mick Schumacher has often participated in football matches organized by Champions for charity to raise money. He participated alongside stars like former F1 World Champion Mika Hakkinen, German World Cup-winning footballer Miroslav Klose and Basketball superstar Dirk Nowitzki.
He is a part of the ‘Keep Fighting Foundation’, which was inspired by his father and legendary Formula One driver Michael Schumacher. He heads the foundation along with his entire family.
Frequently Asked Questions
What is Mick Schumacher Net Worth?
Mick Schumacher’s Net Worth is estimated to be worth $5 Million in 2024.
What is Mick Schumacher’s Salary Cap?
Mick Schumacher fetches a salary cap of $1 Million from Haas per season. His salary as a Mercedes driver is unconfirmed as of now.
Which Team Mick Schumacher Drives for?
Mick Schumacher drives for Alpine World Endurance Championship in the year of 2024. Added to this, he is also a reserve driver for Mercedes.
Is Mick Schumacher Married?
No.
Who is Mick Schumacher Dating?
Mick Schumacher is reportedly dating Laila Hasanovic.
Is Max Verstappen better than Mick Schumacher?
Max Verstappen is a veteran in the sport when compared with Mick Schumacher. Verstappen won the Formula One Championship in 2021, the same year Mick Schumacher made his debut in F1. Schumacher has a long way to go when compared to Max.
How old is Mick Schumacher?
Mick Schumacher was born on 1 July 1989 and is 24 years old.
Who sponsors Mick Schumacher?
Schumacher is sponsored by the likes of Richard Mille, Deutsche Vermögensberatung, and Under Armour.
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