Mattia Binotto Net Worth (Updated 2026).

Mattia Binotto, a name that has become synonymous with Formula One, didn’t start his career in the limelight of the racing world. Instead, he began his professional journey as an engineer, graduating from the University of Genoa with a degree in mechanical engineering. His first job was at the Ferrari engine department in 1995, where he started as a humble engine designer.

Binotto’s passion for motorsports and his dedication to his work didn’t go unnoticed. He steadily climbed the ranks within Ferrari, taking on more responsibilities and proving himself time and time again. In 2016, his hard work and expertise paid off when he was appointed as the chief engineer of the Ferrari power unit, a role that would eventually lead him to the pinnacle of his career.

Mattia Binotto’s Current Net Worth

As of 2025, Mattia Binotto’s current net worth is estimated to be around $20 million, according to the latest available information. This significant wealth is primarily attributed to his successful career in the automotive industry, particularly his role as the Team Principal and Managing Director of the Scuderia Ferrari Formula One team.

Career

Mattia Binotto began his career with Ferrari in 1995 as a power unit engineer. Over the years, he has held various positions within the company, including Head of Engine and Electronics, Chief Technical Officer, and ultimately, his current role as Team Principal and Managing Director. His expertise and dedication have played a crucial role in Ferrari’s success in Formula One.

Other Ventures

While Mattia Binotto is primarily known for his work in Formula One, he has also ventured into other businesses. He is a co-founder of the startup ‘Motorsport Network,’ which aims to connect motorsport professionals and enthusiasts. Additionally, he has been involved in various automotive technology projects, reflecting his passion for innovation in the industry.

Assets

Mattia Binotto’s assets include a luxurious villa in Maranello, Italy, near the Ferrari headquarters, valued at around $3 million. He also owns several high-end cars, including Ferrari models, reflecting his love for the sport and the brand he represents. His collection is estimated to be worth several million dollars.

Annual Income

As the Team Principal and Managing Director of Scuderia Ferrari, Mattia Binotto’s annual income is substantial. Although the exact figure is not publicly disclosed, industry estimates suggest it could be around $5 million per year. This income is supplemented by any bonuses or incentives tied to the team’s performance in Formula One.

Frequently Asked Questions about  Mattia Binotto

Frequently Asked Questions about Mattia Binotto Net Worth

1. What is Mattia Binotto’s net worth?

Mattia Binotto’s net worth is estimated to be around $50 million.

2. How did Mattia Binotto make his money?

Mattia Binotto made his fortune primarily through his career in motorsports, serving as the team principal of the Ferrari racing team.

3. When was Mattia Binotto born?

Mattia Binotto was born on November 3, 1964.

4. Where was Mattia Binotto born?

Mattia Binotto was born in Locarno, Switzerland.

5. What is Mattia Binotto’s role at Ferrari?

Mattia Binotto is the team principal and managing director of the Ferrari racing team in Formula One.

6. How long has Mattia Binotto been with Ferrari?

Mattia Binotto joined Ferrari in 1995 and has been with the team for over two decades.

7. What did Mattia Binotto do before joining Ferrari?

Before joining Ferrari, Mattia Binotto worked as a racing engineer for the Ligier Formula One team.

8. Is Mattia Binotto married?

Yes, Mattia Binotto is married and has two children.

9. What is Mattia Binotto’s educational background?

Mattia Binotto graduated from the Swiss Federal Institute of Technology in Zurich with a degree in mechanical engineering.

10. What are Mattia Binotto’s hobbies and interests outside of motorsports?

Mattia Binotto is known to be a passionate skier and also enjoys playing golf in his free time.