Kevin Magnussen 2023- Net Worth, Salary, Records, and Endorsements

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Kevin Magnussen is a veteran racing driver in the world of motorsports and here is a look at his net worth, salary, records, and endorsements

Kevin Magnussen is a Danish racing driver who is currently competing in Formula One for the Haas F1 team. Let’s know more about Magnussen’s life, career, net worth, etc.

Kevin Magnussen Facts

Full NameKevin Jan Magnussen
Popular NameKevin Magnussen
Birth PlaceRoskilde, Denmark
Father’s NameJan Magnussen
Mother’s NameBritt Petersen
Star SignLibra
Net Worth (2022)$25 million
Salary (2022)$7 million
Date of Birth5 October 1992
Height1.74 m (5′ 8″)
Weight68 kg (150 lbs)
F1 Debut2014
TeamsMcLaren (2014–2015),
Renault (2016),
Haas (2017–2020, 2022–)
AchievementsFormula Renault 3.5 Series (2013)
Danish Formula Ford (2008)
Marital statusMarried
Wife/GirlfriendLouise Gjørup (m. 2019)
ChildrenLaura Magnussen
EndorsementsJack & Jones, OmniCar
Kevin Magnussen made a sensational return to F1 by joining the Haas F1 team in 2022. (Image:

Kevin Magnussen F1 career

Magnussen made his F1 debut back in 2014. In 2014, he debuted with McLaren. Nevertheless, Magnussen raced for McLaren from just 2014 to 2015.

In 2014, as a debutant, Magnussen had quite a decent season. He scored several points and even had a podium finish. However, in 2015, Magnussen was replaced by Fernando Alonso and he became the test and reserve driver for McLaren. In the 2015 season, Magnussen competed in one race, the Australian Grand Prix after doctors advised Alonso to not race due to a concussion sustained during an accident during pre-season testing.

After being released by McLaren in 2015, Magnussen joined Renault in 2016. His season with Renault was marred with disasters and as a result, he couldn’t perform well. Magnussen finished the season in 16th place in the championship, scoring seven of Renault’s eight points that season.

In 2017, Magnussen signed a contract with Haas, joining Romain Grosjean. He ended the 2017 season with an overall position of 14th.

In 2018, Haas rose to become a stronger contender for the best midfield team. Magnussen had points finishes in 11 races and ended the season inside the top 10 in the 9th position.

The year 2019 was horrible for Haas F1 team. The team went through many problems, on and off the track. The stinging problems affected Magnussen too. He finished the 2019 season in a lowly 16th place in the championship with just 20 points.

Further, the problems continued for Haas in the year 2020. In 2020, Magnussen just scored one point and finished the season in 20th position. Following the end of the 2020 season, Magnussen and teammate Grosjean both departed from the team.

In 2022, following the Russian invasion of Ukraine, Haas terminated its contract with their driver Nikita Mazepin. With Mazepin’s termination, Magnussen returned to the team as his replacement on a multi-year deal, partnering with Mick Schumacher for the 2022 season.

Kevin Magnussen Net worth and Salary

According to sources, Magnussen has an estimated net worth of $25 million as of 2023. Most of his net worth is acquired from his salary and various endorsements.

According to reports, Magnussen earns an estimated salary of $6 million per year. The mentioned salary is typically the average salary of a Formula 1 driver.

Kevin Magnussen Personal Life

Born and raised in Odense, Denmark, 30-year-old Magnussen is the son of Jan Magnussen and Britt Petersen. Notably, Magnussen’s father, Jan, is a four-time Le Mans and former Formula One driver.

Also, Magnussen has a brother named Luca Magnussen and a sister named Millie Magnussen.

Magnussen formerly lived in Woking, Surrey, near the McLaren Technology Centre while racing for McLaren. Currently, he now lives in Dubai.

According to reports, in 2019, Magnussen married his long-time girlfriend, Louise Gjørup, in a private ceremony. Furthermore, in 2021, Magnussen and Louise Gjørup had their first child named Laura.

kevin magnussen net worth
Kevin Magnussen with his wife Louise and his daughter Laura. (Image: Instagram)

Kevin Magnussen Endorsements

The Danish driver is personally sponsored by a fashion company named Jack and Jones. His other sponsors include IT company, OmniCar. Magnussen is also majorly sponsored by his F1 team, Haas.

FAQs on Kevin Magnussen

(Q) What is the age and date of birth of Kevin Magnussen?  
Kevin Magnussen is 30 years old and was born on 5 October 1992.
(Q) What is the net worth of Kevin Magnussen?  
Kevin Magnussen has an estimated net worth of $25 million.  
(Q) What brands endorse Kevin Magnussen?  
Kevin Magnussen has endorsement deals with Jack & Jones, OmniCar and Haas.
(Q) What is the nationality of Kevin Magnussen?  
Kevin Magnussen is a Danish citizen.  
(Q) Where was Kevin Magnussen born?  
Kevin Magnussen was born in Odense, Denmark.
(Q) Who is the wife of Kevin Magnussen?
Kevin Magnussen is married to Louise Gjørup since 2019.  
(Q) Kevin Magnussen drives for which F1 team?
Kevin Magnussen drives in F1 for Haas-Ferrari team.
(Q) When did Kevin Magnussen make his F1 debut?
Kevin Magnussen made his F1 debut in 2014 for McLaren.  

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