Stefano Domenicali's net worth, salary, wife, daughter, house, car collection

Stefano Domenicali's net worth, salary, wife, daughter, house, car collection

Samuel Lisubila
updated at April 12, 2023 at 8:10 PM

He was born on 11 May 1965 and has been a very important piece of the car racing business. From becoming the principal of the Scuderia Ferrari Formula One team, the CEO of the Italian sports car manufacturer Lamborghini, and now the CEO of Formula One Group, he has earned a lot. He is one of the richest and most popular managers, with an amazing influence on car lovers. Hang on to find out Stefano Domenicali's net worth and much more about his private life.

Stefano Domenicali's biography
Stefano Domenicali, President of F1, during the F1 Grand Prix of Monaco 2022 at the Circuit de Monaco on 29 May 2022, in Monte-Carlo, Monaco. Photo: Cristiano Barni
Source: Getty Images

Stefano's love for automobiles started in his childhood when he frequently visited a nearby race track where he assisted in the paddock and media centre. This piqued his interest in motor racing and gave him a boost to be who he is today. However, before digging into the manager's personal life, let's first look at his profile.

Profile summary

Full Name

Stefano Domenicali

Gender

Male

Date of Birth

11 May 1965

Age

57 as of September 2022

Place of Birth

Imola, Italy

Occupation

CEO of Formula One Group (2021 - present) Former Team Principal of Ferrari (2008 - 2014) CEO and President of Automobili Lamborghini S.p.A (2016 - 2020)

Employer

Formula One Group

Years Active

1996 - present

Current Residence

London

Nationality

Italian

Ethnicity

Italian

Height in feet

5 ft 7 inches

Height in centimetres

170

Weight in kilograms

79

Weight in pounds

174

Eye colour

Brown

Hair colour

Grey

Marital status

Silvia Colombo

Children

Martino (son) and Viola Domenicali (daughter)

Net worth

$120 million

Socials

Instagram

Stefano Domenicali's biography

Stefano Domenicali's biography
Italian manager and the current CEO of Formula One, Stefano Domenicali, poses during Guido Carli Prize at Auditorium Parco Della Musica on 7 May 2021, in Rome, Italy. Photo: Franco Origlia
Source: Getty Images

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He was born in Imola, Italy and was the son of a banker. At an early stage, he developed a love for motor racing as he used to go to Autodromo Enzo e Dino Ferrari race track during the weekends to help in the paddock and media centre.

Domenicali is a 1991 graduate of the University of Bologna, where he studied Business Administration. He immediately joined Ferrari, where he worked in the finance department. He later joined Mugello as a racing director in 1992 and was involved in DTM and other racing series in the two years he was there.

He later became head of personnel in Ferrari's sporting department and was involved in sponsorship liaison before being promoted to team manager from 1996 to 2001. After that, he had a short stretch as Logistic Manager before becoming the team's sporting director. Ferrari announced on 12 November 2007, that Stefano would take over from Jean Todt as the Director of the Ferrari Formula One team and became the team's principal in 2008.

Ferrari won the 2008 Constructors' championship under his leadership in the same year before enduring a less competitive 2009 season where they won only one race. However, he went ahead to win three Grand Prix victories and led the team incredibly before he resigned as Ferrari team principal in April 2014.

Stefano Domenicali's salary
Stefano Domenicali gestures during the Champions for Charity on 24 August 2022, in Frankfurt am Main, Germany. Photo: Harry Langer
Source: Getty Images

In October 2014, Domenicali was hired by Audi and was also appointed as head of the FIA's Single-Seater Commission. After two years, Automobili Lamborghini S.p.A appointed the manager as CEO and went on to be replaced by Stephan Winkelmann on 1 December 2020. In September 2020, it was put out that Domenicali would replace Chase Carey as CEO of the Formula One group from the 2021 season.

Stefano Domenicali's net worth

As of 2022, Stefano has an estimated net worth of $120 million. This has been generated from his career earnings as a motorsport executive. His salary per month and other earnings combine for approximately $20 million annually.

Stefano Domenicali’s wife

Stefano Domenicali's wife
F1 CEO Stefano Domenicali and wife Silvia Colombo pose during the FIA Prize Giving Ceremony on 16 December 2021, in Paris, France. Photo: FIA
Source: Getty Images

One of the most known facts about Domenicali's personal life is his blissful relationship with Silvia Colombo. They exchanged vows in 2011 in Vedano al Lambro in the Monzese and have been happily married for over a decade. The pair welcomed two children, Martino and Viola Domenicali.

Silvia is a huge fan of his husband and attends ceremonies with him, but she is not new to the racing department. She comes from a reputed family as the daughter of Ercole Colombo, a well-known figure in the F1 World. However, Silvia and their children prefer to keep their personal life away from media scrutiny.

Stefano Domenicali's house
Stefano Domenicali (left), Paolo Campinoti and Claudio Domenicali attend LAMBORGHINI URUS WORLD PREMIERE on 4 December 2017 in Sant'Agata Bolognese, Italy. Photo: Jacopo Raule
Source: Getty Images

Unlike what most people think, the two are not brothers or related. They only share the name 'Domenicali' and are executives in the motor racing business.

Stefano Domenicali’s house

Domenicali owns a multimillion-dollar house in the United Kingdom, where he stays with his family. He packs a car collection in his garage with his favourite rides as a car lover. Does Stefano Domenicali own a Lamborghini? In a past interview, he stated that his all-time favourite Lamborghini is the Miura, though he doesn't own one.

Why are there no female racers in Formula One?

Stefano Domecali's net worth
Silverstone presents Gemma Garrett as the Female Face of the 2008 Formula 1 Santander British Grand Prix on 18 June 2008, at Plow Studios in London, England. Photo: Ferdaus Shamim
Source: Getty Images

In the history of Formula One, only two women have been able to participate in the sport at the Grand Prix Level. When asked about it, Stefano said that he couldn't see a scenario where a woman races an F1 car in the next five years unless a 'meteorite' hits the earth.

Some industry executives say women aren't as physically able as men to participate in the dangerous, high-speed races at competitive levels. In contrast, others say the fan base won't take female drivers seriously.

All these have been considered, and efforts are being made to remedy the gender imbalance. For example, in 2018, private investors came up with a women-only auto-racing competition - W-Series- to bring more females into the sport's grassroots.

Is F1 fixed?

Stefano Domenicali's car collection
Stefano Domenicali and Khalid bin Faisal Al Saud, Governor of Makkah, during the F1 Grand Prix of Saudi Arabia at the Jeddah Corniche Circuit on 27 March 2022, in Saudi Arabia. Photo: Mario Renzi
Source: Getty Images

This is a discussion many F1 fans should know before digging into the controversy of the F1 being fixed. First, it is not fixed, scripted or rigged. For the 72 years that F1 has existed, none of the events constitutes scripting in any race.

With the experience he has in the car business, Stefano has become one of the best executives. Stefano Domenicali's net worth is a whopping $120 million, primarily from his salary as an executive.

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Samuel Lisubila photo
Samuel Lisubila