Guenther Steiner is an Italian-American motorsport engineer with a net worth of $6 million, boasts a rich history in the racing world. His career spans various roles, including managing the Prodrive Allstar Rally team and serving as a project manager and engineering director at M-Sport.
Steiner’s tenure as the managing director of Jaguar Racing from 2001 to 2003 marked a significant chapter, followed by his role as the technical operations director at Red Bull Racing after Red Bull acquired Jaguar Racing.
From 2016 to 2023, Steiner held the prestigious position of Team Principal at Haas Formula One.
Alongside his professional endeavors, he delved into writing, authoring “Surviving to Drive: A year inside Formula 1” in 2023 and contributing the foreword to “Formula One: The Pinnacle: The pivotal events that made F1 the greatest motorsport series” in 2022.
Additionally, Steiner’s insights reached a broader audience through his appearances on the Netflix series “Formula 1: Drive to Survive” from 2019 to 2023.
In early 2024, German television channel RTL recognized Steiner’s expertise, hiring him as a specialist commentator, further solidifying his reputation as a prominent figure in the world of motorsports.
Quick Facts
| Category | Richest Athletes › Race Car Drivers |
|---|---|
| Net Worth | $6 Million |
| Birthdate | April 7, 1965 (58 years old) |
| Birthplace | Merano, South Tyrol, Italy |
| Nationality | Italian |
Early Life
Guenther Steiner was born on April 7, 1965, in Merano, South Tyrol, Italy.
His father was a butcher. In 2016, in an interview with F1i.com, he mentioned his upbringing, stating, “Where I come from, motor sport is forbidden now, but back then there were hillclimbs at Mengolah and Bondone.
I used to beg my father to take me there to watch.” After his Military Service, he went to Belgium to work for Mazda Rally in Europe.
Steiner initially studied engineering but left school before completing his degree. Upon moving to Belgium, he worked as a mechanic for Mazda Rally Team Europe in the World Rally Championship from 1986 to 1988.
Career
In January 1989, Guenther joined Top Run Srl as assistant team manager. He stayed there until 1991.
Then he worked at Jolly Club as head of reconnaissance and technical manager. In 1996, he became manager of Prodrive Allstar Rally team.
They won the 1997 European Rally Championship. In 1998, M-Sport hired him as project manager. He was promoted to director of engineering in 2000.
At M-Sport, he worked with Ford World Rally Team, finishing second in 2000 and 2001 seasons.
In 2001, Jaguar Racing appointed him team principal. He managed the Milton Keynes factory and focused on the technical side.
Jaguar Racing underperformed in 2002, leading to layoffs. Guenther was replaced by David Pitchforth.
He declined another position and in November 2003, joined Opel Performance Center as technical director in Germany.
In 2004, Guenther Steiner joined Red Bull Racing as technical operations director after the company acquired Jaguar Racing.
He played a key role in improving the team’s performance in 2005. Later, he helped set up a NASCAR team in the U.S. for Red Bull Racing.
Steiner then founded Fibreworks Composites in 2009. He became team principal of Haas F1 Team in 2014 and appeared in Netflix’s “Formula 1: Drive to Survive.”
In early 2024, Haas decided not to renew his contract, and he became a commentator for German TV channel RTL. Ayao Komatsu replaced him at Haas.
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Personal Life & Real Estate
Guenther is married to Gertraud, and together they have a daughter. Steiner is multilingual, proficient in Italian, English, and German, and he possesses both Italian and American citizenship.
Back in November 2006, Guenther invested $1.825 million in purchasing a waterfront residence located in Mooresville, South Carolina. Presently, the value of this property has appreciated to an estimated range of $4-5 million.