Niki Lauda’s profile picture

Niki Lauda

Former Formula One driver
Niki Lauda’s profile picture
Net worth 2018: $100 Million
Industry: Sportspersons
Residence: Vienna, Austria
Country: Austrian
BirthDay: 22 February 1949
Sigh: Pisces
Height: 1.71 m

Niki Lauda was bornon 22 February 1949 in Vienna, Austria, Austrian, is Former Formula One driver. Andreas Nikolaus "Niki" Lauda who was nicknamed ‘the rat’, later the ‘SuperRat’ and finally the ‘King Rat’ is an Austrian Formula One driver. He is a three time ‘F1 World Champion’ and till present he has been the only champion driver of the two most popular and prosperous sports constructors - the ‘McLaren’ and the ‘Ferrari’. He met with a severe accident during the ‘German Grand Prix’ in 1976 when his Ferrari swerved off the track and after hitting an embankment skidded back in the path bursting into flames. Trapped in the wreckage, he inhaled toxic gases and endured severe burns. Although he made a comeback with the ‘Italian Grand Prix’ race after six weeks, his injuries left him with permanent scars. As an aviation entrepreneur he set up and ran the airlines, ‘Niki’ and ‘Lauda Air’ and is the brand ambassador of ‘Bombardier Business Aircraft’. For two years he served the ‘Jaguar’ Formula One racing team as its team manager and remained a consultant for Scuderia Ferrari. He is also associated with the ‘Mercedes AMG Petronas F1 Team’ as a non-executive chairman. Presently, during the ‘Grand Prix’ weekends he works as a commentator for the ‘German TV’.


$100 Million


He was inducted by ‘Mercedes AMG Petronas F1 Team’ in September 2012 as a non-executive chairman


He is thirty years older than Birgit who bore him twin children, a boy, Max and a girl, Mia in September 2009


In 2008 he married his second wife Birgit Wetzinger, who was a flight attendant in his airline


He is a licensed commercial pilot and in 2003 he founded a new airline, ‘Niki’ where he often served as captain of the flights of his company


From 1996 till present, he works as a commentator for the ‘German TV’ during the ‘Grand Prix’ weekends


He became a consultant for ‘Ferrari’ in 1993 accepting the offer of Luca di Montezemolo


In 1985 during the ‘Austrian Grand Prix’ he announced his retirement for good


He made a comeback to the racing track in 1982 after proving his mettle at the test conducted by McLaren


In 1979 he suddenly took retirement from Formula 1 racing and returned to Austria to manage ‘Lauda Air’, the charter airline company that he had founded


In 1978 he joined the Brabham drawing a salary of $1 million and won only three races


On August 1, 1976, he met with a severe accident during the second lap of the ‘German Grand Prix’


Although he was not so impressive at the beginning of 1975 F1 season, he had four wins with the new ‘Ferrari 312 T’


In 1974 ‘Ferrari’ revived by going through a regrouping mode under the direction of Luca di Montezemolo following its ineffective start in the 1970s and a catastrophic start in the 1973 season


As ‘March’ fizzled he convinced Louis Stanley at ‘BRM’ to buy a contract of the ‘BRM’ team in 1973 and took another loan in that pursuit


Though he was swiftly promoted to the F1 team, in 1972 he raced both in the F1 and F2 races for ‘March’


In order to obtain a contract as a ‘Formula Two’ driver with the emerging ‘March’ team in 1971, Lauda took a bank loan of £30,000 against a life insurance policy


He participated for Francis McNamara in ‘Formula 3’ race in 1970


He received a factory ride in the ‘Formula Vee’ team of ‘Austro-Kaimann’ in 1969 and participated in thirteen ‘Formula V’ races securing two wins


Though his family disapproved his choice of a racing career, his determination was unstoppable and that saw him taking twelve more starts in 1968 - three in the Cooper and the other nine in a Porsche 911


He was born on February 22, 1949, in Vienna in the family of wealthy industrialists having a chain of paper factories


His very first day out with the car saw him crashing a Mini Cooper resulting in swapping his car with the wreck along with a burden of a debt of £1750


He later swapped the wreck after necessary repairs with the 1300cc Mini Cooper S of Fritz Baumgartner, a local racing driver and was left with a debt of £650

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