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Guenther Steiner’s salary and biography: Exploring his wealth and life story
Helix Odhiambo
May 8, 2024 at 10:53 AM
In this article:
Guenther Steiner is an Italian-American motorsport engineer and former team principal of the Haas Formula One Team. The F1 legend has enjoyed a long and successful career, rising from a mechanic to team owner. Discover details of Guenther Steiner's salary, net worth, and bio.
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Table of Сontents:
The former Hass F1 chief also served as the managing director of Jaguar Racing. Steiner left the Hass team in 2023 to become an F1 pundit and columnist. His starring role in the Netflix F1 show that premiered in 2018 has also made him famous.
Guenther's profile summary
Full name | Guenther Steiner |
Date of birth | 7 April 1965 |
Age | 59 (as of May 2024) |
Birthplace | Merano, Italy |
Nationality | Italian and American |
Height | 1.72 m (5' 6") |
Weight | 71 kg (158.7 lbs) |
Languages | Italian, German, and English |
Eye color | Black |
Hair color | Grey |
Wife | Gertraud Steiner |
Daughter | Greta |
Profession | Motorsport engineer, former team manager, F1 pundit |
Salary | $1 million (annually) |
Net worth | $5.1 million |
Social media |
Guenther Steiner's salary and net worth
How much does the former F1 team manager earn? According to the Sun, Steiner earned an annual salary of around $1 million (£822,500) as the team principal of the Hass Formula One team.
Source: Original
In January 2024, the Standard reported that Hass sacked Guenther as the team's principal. The Merano-born motorsport icon has since focused on F1 punditry and columnist. Details of his salaries in his new jobs remain unknown.
How much is Guenther Steiner's net worth?
Guenther has an estimated net worth of $5.1 million (£4.1 million). In June 2023, Crash ranked him among the wealthiest F1 team principals, behind Toto Wolff of Mercedes ($1.25 billion) and Christian Horner of Red Bull ($51.9 million).
Guenther Steiner's biography
The former Hass team boss was born on 7 April 1965 in Merano, South Tyrol, Italy. Guenther Steiner's age is 59 (as of May 2024). Details of his parents and siblings remain unknown.
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Source: Getty Images
What is Guenther Steiner's nationality?
The Merano-born motorsport icon has dual Italian and American citizenship and is fluent in German, English, and Italian.
Who is Guenther Steiner's wife?
Guenther is married to Gertraud, a fashion designer, who has kept her life private. The Sports Rush estimates her net worth to be $1 million to $3 million. Details of Guenther Steiner's daughter also remain undisclosed. His wife and daughter also appeared in the Netflix series, Drive to Survive, which he starred in.
Source: Getty Images
Guenther Steiner's career
Gertraud's husband is a popular figure in Formula 1. He has served in different teams for two decades. Here is a breakdown of his career trajectory.
Rally career (1986 - 2001)
The Italian-born F1 icon began his motorsport career as a mechanic in Belgium for the Mazda Rally Championships from 1986 to 1988. In an interview with Motorsport, he recounted his early career.
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I started in 1986 as a mechanic in rallying. I left my homeplace, I went from Italy to Belgium, because I liked racing cars, and for me that was a starting point. From there, I did various technical positions.
Source: Getty Images
Steiner returned to his homeplace in Italy as an assistant team manager for Top Run Srl in January 1989. He later joined Milan's Jolly Club Spa and was promoted to technical manager in 1994.
He moved to the UK in 1996 to join Prodrive as the team manager for its Allstar Rally Team before joining M-Sport as the project manager for the team's Ford Focus rally car. He later got promoted to director of engineering, helping the team secure consecutive runner-up finishes in the 2000 and 2001 seasons.
Formula One (2001-2024)
Guenther's F1 career has seen him work for three teams: Jaguar, Red Bull, and Hass. His skills and experience have helped the teams enjoy significant achievements during his tenure.
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Jaguar Racing (2001-2003)
The American-Italian sports icon began his F1 career in 2001 as the managing director of Jaguar Racing. He helped reorganise the team and reduce costs.
Source: Getty Images
Red Bull Racing (2005–2008)
Austrian energy drink firm Red Bull bought the Jaguar F1 team from US car giant Ford in November 2004. Following the move, Red Bull appointed Steiner their technical operations director in 2005.
Guenther moved to the US, where he served as Team Red Bull's technical director from 2006 to 2008. He helped establish Red Bull's NASCAR team there before leaving them in April 2008.
Hass F1 (2014-2024)
Steiner joined the Hass F1 team on 14 April 2014 as its principal. The team's founder, Gene Haas, contacted Steiner to build the team from scratch. Guenther led the team to its F1 debut in 2016, securing points in its first race.
Guenther transformed Hass into a competitive side and produced some of the best F1 drivers. According to the Athletic, the team's best finish under Guenther was fifth in the 2018 F1 Championship. In January 2024, Haas announced their decision to terminate his contract.
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Fibreworks Composites (2009-date)
After leaving Red Bull, Steiner founded the manufacturing company Fibreworks Composites in 2009. He is currently the president of the company.
What is Guenther Steiner doing now?
Source: Getty Images
The former Hass F1 chief has worked as a pundit for the German TV channel RTL and was part of Australia's Channel 10 coverage in Melbourne. Guenther was also an ambassador for the Miami Grand Prix. He told the Athletic,
"I'm busier than I wanted to be, to be honest. I had different things come along, and I was quite amazed. I didn't think this would happen."
Guenther Steiner's book sales
Gertraud's husband has also been busy writing books. According to Planet F1, his first book, Surviving to Drive, sold more than 150,000 copies. He also revealed that he is working on his second book.
Trivia
The experienced motorsport manager has had an illustrious career, earning millions through salaries, bonuses, and endorsements. Here are more facts about him.
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Where is Guenther Steiner's house?
The former Hass F1 boss has a house in Mooresville, North Carolina, USA, where he lives with his family.
What language does Guenther Steiner speak?
Source: Getty Images
Guenther speaks German, Italian, and English languages. He spoke German and Italian at an early age before learning English.
Did Guenther Steiner work at Red Bull?
Steiner worked for Red Bull between 2005 and 2008. He began as the technical operations director in 2005 before moving to the US in 2006 to help establish Red Bull's NASCAR team.
Final word
Guenther Steiner's salary post managerial remains unknown, but he earned millions at Hass F1. His passion for auto racing has helped him transform multiple teams. He has also capitalised on his Netflix stardom.
READ ALSO: A ranked list of the most dangerous F1 tracks in the world
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