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Euro Football News » Update » Retired Gerhard Berger is still one of the highest-paid F1 players

Retired Gerhard Berger is still one of the highest-paid F1 players

April 12, 2025 5:41 AM
Media Referee
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Here’s everything you need to know about the personal life, net worth, career of former F1 star Gerhard Berger

Contents
Gerhard Berger CareerGerhard Berger Net Worth and SalaryGerhard Berger Personal LifeGerhard Berger EndorsementsMore Formula One News

Gerhard Berger Career

Gerhard Berger enjoyed a long and illustrious Formula One career spanning 14 seasons. Twice, he secured a commendable 3rd place overall in the championship, achieving this feat in 1988 and 1994, both times racing for Ferrari. Berger’s impressive track record includes winning ten Grand Prix races, standing on the podium 48 times, earning 12 pole positions, and setting 21 fastest laps. You can find the Top 50 Richest F1 Drivers Of All Time.

With 210 race starts, he ranks among the most seasoned Formula One drivers in history. During his career, Berger led 33 of the 210 races he participated in but also experienced retirement from 95 of them. Notably, his first and last victories were not only significant for him but also marked the first and last wins for the Benetton team, with a remarkable eleven-year gap between them. Berger also achieved victories with Ferrari and McLaren, and during his time at McLaren, he was a key contributor to the team’s constructors’ titles in 1990 and 1991, alongside Ayrton Senna.

Gerhard Berger

After his retirement from racing, Gerhard Berger took on a new role as Competitions Director at BMW, a position he held until 2003. During this time, he played a pivotal role in overseeing BMW’s successful return to Formula One in the year 2000. Notably, Berger had the honor of being the first person to drive a Formula One car on the newly-constructed Shanghai Grand Prix circuit in 2003, showcasing a 2003 Ferrari F2003-GA. Between 2006 and 2008, Berger had a notable ownership stake in the Scuderia Toro Rosso Formula One team, owning 50% of the team. However, in 2008, Red Bull regained full ownership of Toro Rosso by repurchasing the 50% stake it had previously sold to Berger two years earlier.

Gerhard Berger Net Worth and Salary

Gerhard Berger’s net worth is expected to be around $55 million as of 2025. Berger has had a long career in motorsport spanning more than two decades and so it is understandable that he has accumulated a huge amount of net worth. He worked in various administrative roles post his racing career and that also contributes a major portion to his net worth. However, there is no information about his annual income or salary. We will update this column whenever we have further details regarding the same.

Gerhard Berger also ventured into business after Formula One. Berger was the Motorsport Director for BMW and he also launched a logistics company. In 2024, Gerhard Berger was the chairman of ITR. He earned more than $15 million in 2024.

Gerhard Berger
Gerhard Berger

Gerhard Berger Personal Life

Gerhard Berger hails from Wörgl, Austria, where his father, Johann, operated his own truck company. Gerhard initially worked for his father and eventually climbed the ranks to become a driver himself. In his personal life, Berger is married to his wife, Simone, and they have two sons, one daughter, and even a granddaughter. At the age of 65, Gerhard Berger stands tall at an impressive height of 5 feet 11 inches (1.8 meters). His journey from the modest beginnings of a small Austrian town to his remarkable career in Formula One has left a lasting legacy that garners respect and admiration from fans and fellow racers alike.

Gerhard Berger
Gerhard Berger

Gerhard Berger Endorsements

Gerhard Berger’s current list of sponsors are not known in the public domain. However, it is understood that a top F1 star like Berger must have several lucrative sponsorship and endorsement deals in his pocket. We will update Berger’s list of sponsors whenever we have further details regarding the same.

Gerhard Berger
Gerhard Berger

More Formula One News

  • Lewis Hamilton doesn’t support IOC’s decision on Black Lives Matter gear during Olympics
  • Max Verstappen left surprised as he reaches 100 race milestone with Red Bull
  • Damon Hill left in awe after Lewis Hamilton racks up 100 poles in F1 ahead of 2021 Spanish GP

Follow our dedicated Formula One page for instant Formula One news and updates

The post Retired Gerhard Berger is still one of the highest-paid F1 players appeared first on Media Referee.

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