Famous Austrian Engineer Franz Tost was born on January 20, 1956. Franz Tost is currently the team principal for the Formula One team Scuderia AlphaTauri. Tost participated in Formula Ford and Formula Three before pursuing a degree in Sport Science and Management and became a team manager at the Walter Lechner Racing School. He joined Willi Weber Management in 1993.
So, it’s clear that Franz Tost’s wealth comes from his many years in the engineering and racing industry. But how much is Franz Tost worth exactly?
In this article, we’ll be looking at Franz Tost’s net worth and salary in October 2022 and how he got to where he is today. We’ll also compare his salary with other top Formula One team principals to see where he ranks.
Franz Tost's net worth 2024
$1.500.000
- Net worth was last updated:
As of October 2022, Franz Tost’s net worth is estimated to be $1.5 million. This is largely due to his salary as the team principal of Scuderia AlphaTauri.
Key statistics | |
| Net Worth | $1.500.000 |
| Salary from AlphaTauri | <$1.000.000 |
| Assets | Owns a luxurious home |
| Loans and liabilities | – |
Franz Tost salary 2024
<$1.000.000
- The salary was last updated:
Franz Tost’s salary as the team principal of Scuderia AlphaTauri is not publicly known, but it is estimated to be less than $1 million per year.
Table of Contents
Key takeaways
Here are some key aspects that you should know regarding Tost’s overall wealth:
- Franz Tost is an Austrian engineer and the team principal of Scuderia AlphaTauri in Formula One.
- He has an estimated net worth of $1.5 million as of October 2022.
- His salary as the team principal of Scuderia AlphaTauri is unknown but is estimated to be less than $1 million per year.
- Tost has made his wealth through his many years in the engineering and racing industry.
Lean more about Franz Tost
Now that you know more about Franz Tost’s net worth and salary, let’s take a look at the man himself and see what made him so successful.*
| Full Name | Franz Tost |
| Nationality | Austrian |
| Date of Birth | January 20th, 1956 |
| Height | – |
| Weight | – |
| Yearly salary | <$1.000.000 |
Early life
Franz Tost was born on January 20, 1956, in the Austrian town of Trins. In the 1950s, Tost was born around the time his parents’ names weren’t recorded, and he has never talked about his childhood.
Tost has always had a passion for fast cars and racing. Tost followed his heart and started driving at an early age, competing in races in a Formula Ford. Formula Ford and Formula Three were among the racing categories in which he took part.
In 1983, Tost won the Austrian FF Championship, proving his significance to the sport and the nation. Having realized he wasn’t going to make it as a racer, he enrolled and graduated from an Innsbruck University degree program in Sports Science and Management.
Professional career
Tost began working as a team manager at the Walter Lechner Racing School at the Zeltweg circuit while he was still in school. He started working for Willi Weber Management in 1993 as the F3 team manager. He met Ralf Schumacher here for the first time.
Tost was promoted to the role of operations manager for BMW’s Formula 1 team after Ralf left to drive for Jordan and later Williams. The next year, in 2005, he became the first team principal for the Scuderia Toro Rosso. Since that day, Tost has been pushing his team forward, and he is still doing so in the new Scuderia AlphaTauri era.
Family
Franz Tost hasn’t revealed anything about his personal life, including his wife and children. This is why so many individuals will tell you he is single, but that is not the case.
Franz Tost, as it turns out, is already married. Tost and his wife stayed at their home near the Formula 1 factory in Faenza, Italy, during the outbreak of the coronavirus. Many of Tost’s admirers have speculated that he already has children, despite their being no official confirmation of this.
Tost began working as a team manager at the Walter Lechner Racing School at the Zeltweg circuit while he was still in school. He started working for Willi Weber Management in 1993 as the F3 team manager. He met Ralf Schumacher here for the first time.
What Else Does He Own?
Now that we know how much Franz Tost is worth, let’s take a look at some of the things he owns.
Franz Tost cars
There’s not much known about Franz Tost’s cars. But since he’s a big fan of fast cars, it’s safe to say that he probably owns a few luxurious ones.
Franz Tost house
Tost owns a luxurious home in Faenza, Italy, where he lives with his wife. The house is located near the Formula 1 factory, which makes it convenient for him to travel to work. The house is valued at around $1 million.
Frequently asked questions
How much does Franz Tost earn in a year?
How rich is Franz Tost?
How is Franz Tost so rich?
Where did Franz Tost get his money?
How much does Franz Tost own the AlphaTauri F1 Team?
Is Franz Tost a billionaire?
Franz Tost salary and net worth compared to other Team Principals in Formula 1
If we compare Franz Tost’s salary and net worth with other team principals in Formula 1, we can see that he is not as rich as some of them. For example, Toto Wolff, the team principal of Mercedes, has a net worth of $580 million. This is much higher than Tost’s net worth of $1.5 million. But Toto Wolff also owns a stake in the Mercedes team, which explains his high net worth.
On the other hand, Christian Horner, the team principal of Red Bull, has a net worth of $50 million. This is only slightly higher than Tost’s net worth. But we can see that Horner’s salary is much higher than Tost’s salary. Horner earns $10 million per year, while Tost only earns $1 million per year.
Even though Franz Tost is not as rich as some of the other team principals in Formula 1, he is still doing well for himself. With a net worth of $1.5 million, he is living a comfortable life. And we can expect his net worth to grow in the future as he continues to lead Scuderia AlphaTauri to success in Formula 1.
| Team principal | Team | Salary | |
|---|---|---|---|
| 1 | Toto Wolff | Mercedes | $8,000,000 |
| 2 | Christian Horner | Red Bull | $10,000,000 |
| 3 | Frederic Vasseur | Ferrari | $7,600,000 |
| 4 | Andrea Stella | McLaren | $7,600,000 |
| 5 | Alessandro Alunni Bravi | Alfra Romeo (Sauber) | $1,000,000 |
| 6 | Bruno Famin | Alpine | $1,000,000 |
| 7 | Mike Krack | Aston Martin | $1,000,000 |
| 8 | Guenther Steiner | Haas | $1,000,000 |
| 9 | Laurent Mekies | Alpha Tauri | $1,000,000 |
| 10 | James Vowles | Williams | <$1,000,000 |
Conclusion
So there you have it, everything you need to know about Franz Tost’s salary and net worth in October 2022. We can see that he is doing well for himself, with a net worth of $1.5 million. And we can expect his net worth to grow in the future as he continues to lead Scuderia AlphaTauri to success. We wish him all the best in his future endeavors.
Article sources
Disclaimer: Figures and information have been collected from various sources around the web. We try to do a careful job when it comes to reporting sources and also to be critical of which sources we use. We cannot guarantee that all figures are correct.
