What is Kevin Magnussen’s net worth?

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What is Kevin Magnussen’s net worth?

KEVIN Magnussen has been an F1 fixture since debuting with a podium finish in 2014. 

But who is he? Here’s what we know about the Danish driver and his family life.

Kevin Magnussen has been driving for the Haas F1 Team since 2017

Who is Kevin Magnussen?

Kevin Magnussen is a Danish Formula One racing car driver, who drives for the Haas F1 Team. 

He is the son of former F1 driver, Jan Magnussen.

Kevin followed in his father’s footsteps and started his career through the McLaren Formula One team’s Young Driver Programme.

He drove for McClaren for the first time in the 2014 Formula One World Championship, before moving to Renault for one season in 2016.

Magnussen drove for the Haas team from 2017 to 2020, before being dropped and replaced by rookies Nikita Mazepin and Mick Schumacher.

Russian driver Mazepin’s contract was terminated following Russia’s attack on Ukraine, and Magnussen was brought back in to fill his seat, signing a multi-year deal.

In 2022, Kevin was responsible for Haas’ first-ever F1 pole position for the short sprint race at the Sao Paulo Grand Prix.

At the Mexican Grand Prix in October 2023, Kevin’s car burst into flames, causing the race to be suspended.

The incident came after a suspected suspension failure, which caused Kevin to lose control and collide with the wall.

Magnussen walked to the medical car to be taken for standard procedure checks. 

Haas F1 team said: “An update on Kevin: He’s at the medical centre and after a check-over is ok, but is being kept a little while longer just for observations.”

What age is Kevin Magnussen?

Kevin was born on October 5, 1992, in the city of Roskilde, Denmark.

He is the son of four-time Le Mans winner and former Formula One driver Jan Magnussen, born in 1973.

His mother, Britt Petersen was born in 1975 — little is known about her. 

Kevin has two half-siblings, that his father Jan had with his second wife, Christina: Luca, born in 2009, and Millie, born in 2011. 

Kevin’s cousin Dennis Lind, born in 1993, is also a racecar driver. 

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Dennis competes in the GT World Challenge Europe Endurance Cup, driving for JP Motorsports.

As teenagers, the cousins competed together, with Dennis coming in second behind Kevin in the 2008 Formula Ford Danish Championship.

Is Kevin Magnussen married and does he have any children?

Kevin Magnussen is married to Louise Gjørup.

Kevin revealed that he had proposed to Louise after the Mexico Grand Prix in October 2018.

The pair tied the knot on October 10, 2019, in a private ceremony in their home country of Denmark.

The new bride posted photos of the wedding day on Instagram, with her 18,600 followers: “One month with the most important, loving, caring and absolutely perfect husband! Love you.”

Kevin and Louise have two daughters together.

Their first child, Laura, was born prematurely on January 11, 2021.

Louise posted the news on Instagram, writing: “The day my entire world changed forever you are our tiny little miracle!”

“You gave your mom and dad a big shock by coming 7 weeks earlier than expected”, Louise said.

“But ever since you came into this world we have loved you,” she added.

The couple’s second baby was born in August 2023.

Kevin shared the news with his 1.2 million Instagram followers: “Laura is now a big sister. Welcome to the world Agnes. We love you so much”.

What is Kevin Magnussen’s net worth?

Kevin Magnussen’s net worth is estimated at $30 million. 

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He earns a yearly salary of $6 million from Haas. 

Kevin’s team, Haas, is worth $780 million. 

Also on the Haas team is German driver Nico Hulkenberg.

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