Formula One fandom & Ferrari fans are not new to this name. Mattia Binotto is an Italian engineer born in Switzerland. Binotto has been linked with the Ferrari team in F1. In January 2019, Mattia Binotto replaced Maurizio Arrivabene as the principal of team Ferrari. And since then, the Ferrari boss has added only wins and points to the outfit. Although fans and spectators are generally curious to know how much the principal earns. So, if you wanna know more about Mattia Binotto’s net worth, career & personal life, keep reading.

Career!

In 1995, Mattia Binotto started working as an engineer for the Ferrari racing team. From 1997 through 2003, Binotto worked as a test engine engineer in the engine department. Before becoming the head engineer, racing and assembly in 2007, Mattia was elevated to the position of race engine engineer in 2004. Mattia Binotto must have gotten a significant salary from his employment as a department leader. He led KERS and engine operations. In October 2013, after the enhancements in every division Binotto was in charge of. He was next appointed the deputy director of engines and electronics.

Binotto afterward held the position of chief operating officer for the power business. In addition, the engineer was appointed Scuderia Ferrari’s top technical officer. He must have received a sizeable financial reward for his work with the F1 organization throughout the years. In contrast, Mattia was named the team principal of Scuderia Ferrari in 2019, as well as the managing director of Gestione Sportiva. In 2018, Ferrari removed Maurizio Arrivabene, the previous team’s principal. But despite his best efforts, the famous engineer could not raise the team’s championship positions.

Ferrari’s aerodynamic performance was subpar in the 2019 season. The team’s sixth-place performance in the standings in 2020 raised concerns regarding the principal’s position at Ferrari. The Italian principal is highly optimistic about the next campaign and intends to make up for the shortcomings of the last campaign in recognition of Ferrari competing in their 1,000th Grand Prix this year. Binotto also disclosed Ferrari’s intentions for their new car and the moniker SF1000.

Mattia Binotto Net Worth!

Mattia Binotto Net Worth

Mattia Binotto worked with the Ferrari race team in Formula One for several years. Thus, it is no surprise that Mattia has made a huge net worth. Meanwhile, talking about the net worth of Mattia Binotto, the reports indicate that the 52-year-old has an estimated net worth of about 3-5 million dollars in July 2022. Over the years, he received a considerable salary for his contributions to the F1 firm.

Mattia Binotto lives in luxury and has a lavish house in Modena, Italy. He also owns several automobiles in his garage. Binotto is a proud owner of Ferrari GTC4Lusso, worth $300K. Additionally, the principal of Ferrari also drives in a $319K Ferrari F12. He also has a Porsche Cayenne Turbo that costs $126K in the US and has a 4.0L Twin-Turbo V8 gasoline engine with eye-catching looks.

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