Ferrari is an iconic team on the Formula One grid and being the team principal of the Maranello-based squad is a huge responsibility. The current team boss of the Italian team is Mattia Binotto.

The Swiss-Italian boss has been with the Italian team since 1995. He rose within the team, and eventually became the main man in 2019. But, many are curious to know more about his income and what sort of lifestyle he lives.

The lifestyle and income of Ferrari’s Mattia Binotto

Being part of the Italian outfit is the most prestigious thing one can ask for in the world of Formula One. Binotto has been with the squad ever since he graduated college and climbed up the ranks to become the team principal.

As per a report, Binotto’s net worth is estimated to be between $1 and $5 million. However, his income from the Italian squad remains to be undisclosed. He lives a lavish lifestyle and owns a home in Modena, Italy. He also has a rich collection of automobiles in his garage.

Everyone within the F1 world is a car fanatic, and Binotto is no different. The team boss of the Marnell0-based squad has a Ferrari GTC4Lusso, a Ferrari F12, and a Porsche Cayenne Turbo in his garage.

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Who are his drivers for the forthcoming season of Formula One?

After the end of the 2020 season, the Italian squad parted ways with 4-time world champion Sebastian Vettel to bring in Spain’s Carlos Sainz to partner Charles Leclerc.

The 2021 season was an impressive one for the team as they finished the ‘best of the rest’, ahead of the likes McLaren and Alpine.

Having finished third in the constructors’ standings in 2021, what are your predictions for Ferrari for the upcoming season? Let us know in the comments section down below.

Read More: Report: Mattia Binotto Retains F1 Role As Ferrari Undergoes Big Changes to Organizational Structure