Will Power Net Worth: The Australian Racer's Financial Success
Will Power is a renowned Australian professional racing driver who has made a name for himself in the IndyCar Series. With a successful career spanning over two decades, Power has accumulated a significant amount of wealth. In this article, we will delve into Will Power's net worth and explore the sources of his financial success.
Early Life and Career
Will Power was born on March 1, 1981, in Toowoomba, Queensland, Australia. He began his racing career at a young age, competing in karting championships in Australia. Power's talent and dedication earned him a spot in the Australian Formula Ford Championship, which he won in 2002.
IndyCar Career
Power's big break came in 2005 when he joined the IndyCar Series. He drove for several teams, including Team Australia, KV Racing Technology, and Penske Racing. Throughout his IndyCar career, Power has achieved numerous milestones, including:
- 41 IndyCar wins, ranking him 5th on the all-time wins list
- 2014 IndyCar Series Champion
- 2018 Indianapolis 500 winner
Net Worth
Will Power's net worth is estimated to be around $20 million. His primary source of income is his IndyCar racing career, including:
- Salaries and bonuses: As a top IndyCar driver, Power earns a significant salary from his team, Penske Racing, as well as bonuses for his victories and championship performances.
- Endorsements: Power has partnered with several major brands, including Verizon, PPG Paints, and Hitachi, which contribute to his net worth.
- Prize money: Power has earned a substantial amount of prize money from his IndyCar wins, including the $2.5 million prize for winning the 2018 Indianapolis 500.
Other Ventures
In addition to his racing career, Power has invested in several business ventures, including:
- Restaurants: Power co-owns a restaurant in Indianapolis, Indiana, called "501 Eagle."
- Real estate: He has invested in several properties, including a home in Indianapolis and a beach house in Australia.
Personal Life
Will Power is married to Elizabeth Cannon, and the couple has two children, Bea and Emerson. Power is known for his philanthropic efforts, particularly in the area of motorsport safety. He has worked with the IndyCar Series to improve safety measures and has supported various charities, including the St. Jude Children's Research Hospital.
Conclusion
Will Power's net worth is a testament to his hard work, dedication, and success in the IndyCar Series. With a career spanning over two decades, Power has established himself as one of the most successful and financially secure racers in the sport.