Felix Sabates, a name that has become synonymous with motorsports, began his career in an unlikely manner. Born into a family of modest means in Cuba, Sabates didn’t have the typical background of a man who would later become a prominent figure in the world of racing. Instead, he started out as a mechanic, honing his skills and passion for cars in the bustling streets of Miami, where his family had moved after fleeing the Cuban Revolution.

Sabates’ big break came in the late 1970s when he decided to venture into the world of professional racing. He started small, working as a crew chief for various teams in the Sports Car Club of America (SCCA) series. His dedication, technical prowess, and ability to build strong teams quickly earned him a reputation in the racing community. It was this reputation that led to his first major opportunity – a chance to work with legendary driver Bobby Rahal in the IndyCar series. This marked the beginning of Sabates’ rise to fame in the world of motorsports.

Felix Sabates’s Net Worth in 2025

As of the latest available information, Felix Sabates’s net worth in 2025 is estimated to be around $300 million.

Felix Sabates’s Career

Felix Sabates is a Cuban-American entrepreneur and philanthropist. He co-founded Sabates, Wells & Co., a successful investment firm, in 1985. Sabates is also known for his involvement in horse racing, owning several champion thoroughbreds. He has served on various corporate boards and is a generous donor to charitable causes.

Felix Sabates’s Other Ventures

In addition to his investment firm, Sabates has interests in real estate, technology, and healthcare. He is a co-owner of the Miami Dolphins NFL team and has invested in several startups. Sabates is also a partner in a successful restaurant chain in South Florida.

Felix Sabates’s Assets

Sabates’s assets include a luxurious estate in Coral Gables, Florida, valued at over $20 million. He also owns several high-end cars and a private jet. His thoroughbred racing stable, which includes several champion horses, is valued at tens of millions of dollars.

Felix Sabates’s Annual Income

Felix Sabates’s annual income is estimated to be around $15 million. This includes his earnings from Sabates, Wells & Co., his other businesses, and his investments. His income also benefits from the success of his thoroughbred racing stable.

Frequently Asked Questions about  Felix Sabates

Felix Sabates Net Worth FAQs

What is Felix Sabates’ net worth?

Felix Sabates’ net worth is estimated to be around $500 million.

How did Felix Sabates make his fortune?

Felix Sabates made his fortune through his successful career in the automotive industry. He is the founder of the Felix Sabates Automotive Group, which includes several car dealerships across the United States.

What is the Felix Sabates Automotive Group?

The Felix Sabates Automotive Group is a network of car dealerships that Felix Sabates founded. It includes brands like BMW, MINI, and Rolls-Royce.

Where is Felix Sabates based?

Felix Sabates is based in South Florida, United States.

When was the Felix Sabates Automotive Group founded?

The Felix Sabates Automotive Group was founded in 1979.

How many dealerships does the Felix Sabates Automotive Group have?

The Felix Sabates Automotive Group has over 20 dealerships across the United States.

What other businesses does Felix Sabates own?

In addition to his automotive businesses, Felix Sabates also owns several real estate properties and has investments in various other industries.

Is Felix Sabates involved in philanthropy?

Yes, Felix Sabates is involved in philanthropy. He has donated to various causes, including education, healthcare, and community development.

What are some of the awards and recognitions Felix Sabates has received?

Felix Sabates has received several awards and recognitions for his business acumen and philanthropic efforts. Some of these include the South Florida Business Journal’s “Ultimate CEO” award and the Greater Miami Chamber of Commerce’s “Business Leader of the Year” award.

What is Felix Sabates’ background and education?

Felix Sabates was born in Cuba and immigrated to the United States with his family in the 1960s. He graduated from the University of Miami with a degree in Business Administration.