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.
| Full Name | Kevin Jan Magnussen |
| Popular Name | Kevin Magnussen |
| Birth Place | Roskilde, Denmark |
| Father’s Name | Jan Magnussen |
| Mother’s Name | Britt Petersen |
| Star Sign | Libra |
| Net Worth | $25 million |
| Salary | $5 million |
| Age | 32 |
| Date of Birth | 5 October 1992 |
| Height | 1.74 m (5′ 8″) |
| Weight | 68 kg (150 lbs) |
| Nationality | Danish |
| F1 Debut | 2014 |
| Teams | McLaren (2014–2015), Renault (2016), Haas (2017–2020, 2022–) |
| Achievements | Formula Renault 3.5 Series (2013) Danish Formula Ford (2008) |
| Marital status | Married |
| Wife/Girlfriend | Louise Gjørup (m. 2019) |
| Children | Laura Magnussen |
| Endorsements | Jack & Jones, OmniCar |
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. Also, find the Top 50 Richest F1 Drivers Of All Time.
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.
According to sources, Magnussen has an estimated net worth of $25 million as of 2024. Most of his net worth is acquired from his salary and various endorsements.
According to reports, Magnussen earns an estimated salary of $5 million per year. The mentioned salary is typically the average salary of a Formula 1 driver.
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. He also be ventured into business and launched a software company, Intellis. Magnussen is the owner of OAKBERRY.
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.
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. His endorsment deals are valued at $1m every year.
| (Q) What is the age and date of birth of Kevin Magnussen? |
| Kevin Magnussen is 32 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. |
Follow our dedicated Formula One page for instant Formula One news and updates