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What is Niki Lauda Net Worth 2023 Overview, Interview

What is Niki Lauda Net Worth 2023 Overview, Interview

Former Formula One driver Niki Lauda. One of the greatest racers ever is Lauda. Even though his family opposed him, he decided to follow his passion and become a race car driver.

Let’s know more about him and have a look at Niki Lauda net worth, records, career and more.

What is Niki Lauda’s Net Worth and Salary 2023?

Niki Lauda is a retired Austrian Formula One racing driver who has an estimated net worth of $200 million. He is best known for his success in the 1970s when he won three World Championships.

After his racing career, Lauda became a successful businessman and was the chairman of the Mercedes AMG Petronas F1 Team from 2012 to 2018. In 1978, Lauda signed a contract with Brabham-Alfa Romeo that included a $1 million annual wage.

That is equivalent to about $4 million in today’s dollars after accounting for inflation. He briefly retired before returning in 1982 with McLaren. His McLaren contract paid $3 million yearly, equivalent to $12 million today.

Niki Lauda Overview

Niki Lauda Overview

Early Life

On February 22, 1949, Andreas Nikolaus Lauda was born in Vienna, Austria. His paternal grandfather, manufacturer Hans Lauda, co-founded the Federation of Austrian Industries in the 1940s, and he was raised in a prosperous paper manufacturing family.

Niki’s family didn’t support his decision to pursue a career in auto racing, so Lauda finally stopped communicating with them. He started competing in the late 1960s, first with a Mini, then Formula Vee, and finally private Chevrons and Porsches.

Career

Lauda obtained a bank loan in 1971 to pay for his entry into the Formula Two racing scene, and he was subsequently promoted to the Formula One team.

He took out another loan from the bank in 1973 to pay for his entry into the British Racing Motors (BRM) squad. Niki attracted Enzo Ferrari’s eye when he participated in that year’s Monaco Grand Prix, and in 1974, he signed him to the Ferrari team.

In his debut race with Ferrari, the Argentine Grand Prix, Lauda came in second and took first place in the Spanish Grand Prix that year. He finished third at the Italian Grand Prix before winning the United States Grand Prix in 1975. He won four races in the new Ferrari 312T.

Niki finished second in two of the first six races of the 1976 season, winning four of them. The Ferrari team challenged James Hunt’s victory in the British Grand Prix, and Hunt was subsequently disqualified.

As a result, he was declared the winner two months after the event. Lauda’s car veered off the track and caught fire after hitting an embankment during the 1976 German Grand Prix.

Before being liberated by teammate Arturo Merzario, Niki was trapped in the debris, his head had suffered severe burns, and Lauda’s inhalation of hot toxic fumes had harmed his lungs and blood.

Niki was awake immediately following the collision, but after being taken to the hospital, he fell into a coma.

Lauda miraculously recovered from his wounds, and following his recuperation, he started donning a red cap to disguise the massive scarring on his head. Six weeks after the terrible collision, he made his racing comeback and finished fourth at the Italian Grand Prix.

Niki’s relationship with Ferrari was impacted when he left the Japanese Grand Prix after just two laps because he didn’t feel secure racing in the pouring rain.

He joined the Brabham-Alfa Romeo team in 1978 after leaving the Ferrari squad during the 1977 racing season.

Lauda announced his retirement during a practice session for the 1979 Canadian Grand Prix, saying he was done with “the silliness of going around in circles.”

In 1982, he came out of retirement when the McLaren team offered him a $3 million compensation.

Niki won the 1984 Monaco Grand Prix and the 1982 Long Beach Grand Prix before breaking his wrist during a 1985 Belgian Grand Prix practice. Niki made a permanent retirement from racing after the 1985 campaign.

After his retirement, he accepted non-racing positions with several Formula One teams, including a consultant position with the Ferrari team in 1993 and a non-executive chairman position with the Mercedes AMG Petronas team in 2012.

Lauda was honored with a stamp by the Austrian post office in 2005 after being elected into the International Motorsports Hall of Fame in 1993. On ESPN.com’s 2008 ranking of the top 25 drivers of all time, Niki came in at number 22.

Personal Life

Lukas and Mathias were born to Niki and Marlene Knaus in 1979 and 1981, respectively before their marriage ended in divorce in 1991.

Lukas oversaw his brother’s career as a race car driver while Mathias continued his father’s racing career. Lauda wed Birgit Wetzinger, a flight attendant for his airline, in 2008.

In addition to the twin’s Mia and Max that the couple had in 2009, Niki and an ex-girlfriend had a son named Christoph in 1982.

Lauda received a kidney donation from his brother Florian in 1997. Birgit donated a kidney in 2005 after Florian’s kidney failed to function. Niki had a lung transplant in 2018.

Death

Lauda passed away peacefully in his sleep at 70, surrounded by his loved ones, on May 20, 2019, while undergoing kidney dialysis at the University Hospital of Zürich.

A few days later, participants and spectators donned crimson caps at the Monaco Grand Prix as a mark of respect for Niki.

The Mercedes team also red-painted the halo safety device on their car and placed a sticker that said, “Niki, we miss you.”

Arnold Schwarzenegger, Austrian President Alexander Van der Bellen, and other Formula One drivers, including Jackie Stewart, Lewis Hamilton, and Jean Alesi, attended Lauda’s funeral at Vienna’s St. Stephen’s Cathedral.

Why is Niki Lauda famous?

Niki Lauda was an F1 driver from Austria. He was a businessman in the aviation industry and was frequently referred to as the “King Rat” or the “Super Rat.” He was the owner of Lauda Air, Niki, and Lauda airlines.

In 1975, 1977, and 1984, he won the F1 World Driver’s Championship three times. The only F1 driver in history to accomplish this feat for the sport’s behemoths, Ferrari and McLaren, he earned them while driving for those teams.

FAQs about Niki Lauda

FAQs about Niki Lauda

What is Michael Schumacher net worth

Former German Formula One race car driver Michael Schumacher, who is one of the richest racing driver in the world, has a $600 million fortune.

How much is Michael Andretti net worth

Former American Formula One and CART driver Michael Andretti has a $40 million net worth.

How much is Fernando Alonso net worth

It is estimated that Fernando Alonso is worth $260 million.

Is Lewis Hamilton net worth rich?

The Mercedes-AMG Petronas Formula One Team’s British Formula One racing driver Lewis Hamilton has a $285 million fortune.

What is Kimi Raikkonen net worth?

A racing driver from Finland named Kimi Räikkönen has a $250 million fortune. Kimi made well over $50 million annually when he was at his highest.

What is James Hunt net worth?

James Hunt is a former British race car driver and commentator with a $40 million net worth.

How tall is Niki Lauda?

Niki Lauda height is 5 ft 7 in (171.0 cm).

How old is Niki Lauda?

Niki Lauda age is 70 years old.

Conclusion

One of the best race car drivers of all time is Niki Lauda. He decided to pursue his ambition and become a race car driver over the opposition of his family.

Check out Fidlarmusic to find out more about Niki Lauda, including his records, career highlights, and net worth in 2023.

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