Andreas Seidl’s Salary and Net Worth in April 2024

Updated:

First published:

German motorsport engineer and manager Andreas Seidl was born on 6 January 1976. He’s currently the McLaren Formula One team principal. 

He worked previously for BMW in their sports car program and was later promoted to head of the entire operation. It is evident that Andreas is experienced in the management and engineering side of things.

So, just how much is Andreas Seidl net worth and salary? Let’s take a detailed look at Andreas Seidl’s net worth, his salary, and how he has achieved such success.

Andreas Seidl's net worth 2024

$6.500.000

Andreas Seidl’s net worth is around $6,5 million. He is among the most well-known and wealthiest engineers in Germany.

 

Andreas Seidl’s financials

Net Worth$6.500.000
Salary from McLaren$2.000.000
Investments

Not available

AssetsNot available

Andreas Seidl's salary 2024

$2.000.000

Andreas Seidl’s salary is $2.000.000 per annum from his role at McLaren. This salary is in addition to any bonuses or commissions he may receive.

Table of Contents

Key takeaways

Here are some key aspects regarding Andreas Seidl net worth:

  • Andreas Seidl is a German motorsport engineer and manager who is currently the McLaren Formula One team principal.
  • Seidl has worked previously for BMW in their sports car program.
  • His net worth is estimated to be around $6.5 million.
  • He earns a salary of $2 million per year from his role at McLaren.
  • Seidl is among the most well-known and wealthiest engineers in Germany
Andreas Seidl salary net worth

Learn more about Andreas Seidl

Now that we know a little more about Andreas Seidl’s net worth and salary, let’s take a look at some more information about him.

Full NameAndreas Seidl
NationalityGermany
Date of BirthJanuary 6, 1976
Height6.1 ft
WeightN/A
Yearly salary$2.000.000

Family

Andreas Seidl does not appear to address his personal matters to the public, other from his business partnerships. Since he maintains an unwavering work ethic and has a great passion for F1, Siedl has kept his personal life private.

Nevertheless, reports indicate that McLaren’s CEO has two children who live in Germany with his wife. Despite being kept out of the public eye, we hope Andreas Seidl’s wife and children are living a jolly life.

Why did Seidl join McLaren?

Andreas Seidl joined McLaren in May 2019 after the Woking-based outfit parted ways with then-team principal, Zak Brown. At that time, McLaren were going through one of their worst spells in Formula 1. After years of fighting at the back of the grid, they had finally finished P6 in the Constructors’ Championship in 2018.

Nonetheless, that was not enough for Seidl. He joined McLaren with the aim of taking them back to the top and fighting for race wins and championships. So far, he has managed to turn things around and led the team to P3 in the Constructors’ Championship in 2020 and P4 in 2021.

So far, he has managed to turn things around and led the team to P3 in the Constructors' Championship in 2020 and P4 in 2021.

What else does he own?

Now that we know what Andreas Seidl’s net worth is, let’s take a look at how he spends his money. Since Seidl’s net worth is around $6.5 million. 

This allows him to live a comfortable lifestyle and own some impressive assets. Here are some of Andreas’ possessions:

Andreas Seidl cars

Well-known for his love of cars, Andreas Seidl owns a number of impressive vehicles. During his interview he revealed that his favorite cars include:

  • Volkswagen Golf – A Golf II Fire & Ice edition
  • Porsche 911
  • McLaren 570 S

He recalls Volkswagen Golf as his favorite car since it was his first car ever. While talking about the reason why he likes that car so much. Seidl replied that “It’s not a spectacular one, but I connect a lot of good memories with that car and living in the countryside it meant freedom for me”.

Andreas Seidl houses

Although, not much is known about Andreas Seidl’s house, we do know that he owns a house worth million of dollars. He is mostly a private person and does not like to share information about his personal life with the public.

Frequently asked questions

How much does Andreas Seidl earn in a year?

Andreas Seidl earns a salary of $2 million per year from his role as McLaren team principal. This is in addition to any bonuses or commissions he may receive.

How rich is Andreas Seidl?

As of 2022, Andreas Seidl has a net worth of $6.5 million. This puts him among the richest engineers in Germany.

How is Andreas Seidl so rich?

Andreas Seidl's net worth comes from his salary as McLaren team principal and any bonuses or commissions he may receive. He is also a wealthy man due to his successful career in the engineering industry.

How much does Andreas Seidl own the McLaren F1 Team?

Andreas Seidl doesn't own any part of the McLaren F1 Team. He is just a team principal and the team is owned by Bahrain Mumtalakat Holding Company. His duties include leading the team and making sure they are successful on the track.

Is Andreas Seidl a billionaire?

No, Andreas Seidl is not a billionaire. His net worth is estimated to be around $6.5 million as of 2022 and is far off from being a billionaire.

Andreas Seidl's salary and net worth compared to other Formula 1 Team Principals:

Compared to other team principals in Formula 1, Andreas Seidl falls somewhere in the middle in terms of salary and net worth. His salary is estimated to be $2 million per year, while his net worth is around $6.5 million. 

This puts him behind team principals like Toto Wolff (Mercedes) and Christian Horner (Red Bull), who earn much more. However, he is still ahead of team principals like Mattia Binotto (Ferrari) and Franz Tost (AlphaTauri), who earn less. 

Compare all F1 Team Principal salaries and net worths here.

Here’s a look at the comparison of Andreas Seidl’s salary and net worth with other team principals in Formula 1:

Team principalTeamSalary
1Toto WolffMercedes$8,000,000
2Christian HornerRed Bull$10,000,000
3Frederic VasseurFerrari$7,600,000
4Andrea StellaMcLaren$7,600,000
5Alessandro Alunni BraviAlfra Romeo (Sauber)$1,000,000
6Bruno FaminAlpine$1,000,000
7Mike KrackAston Martin$1,000,000
8Guenther SteinerHaas$1,000,000
9Laurent MekiesAlpha Tauri$1,000,000
10James VowlesWilliams<$1,000,000

Conclusion

So there you have it, everything you need to know about Andreas Seidl and his net worth. He is a very successful engineer with a long and impressive career. He is currently the team principal of the McLaren F1 Team and is responsible for leading them to success on the track.

His net worth is estimated to be around $6.5 million as of 2022, making him one of the richest engineers in Germany. He has a long and successful career ahead of him and is sure to continue to grow his wealth in the years to come.

Article sources

Anton Gustafsson
Anton Gustafssonhttps://formulapedia.com
Anton is a Swedish Formula One expert and he is the co-founder of Formulapedia.com. He is a big fan of Formula 1 and he cheers for the Italian team Scuderia Ferrari. Anton has not missed a single Grand Prix since he started following F1 a few years ago.

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