Nikita Mazepin Net Worth

$100 Million

Last Updated:

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What is Nikita Mazepin’s net worth?

Net Worth:$100 Million
Age:23
Born:March 2, 1999
Gender:Male
Height:1.76 m (5 ft 9 in)
Country of Origin:Russia
Source of Wealth:Professional Racing Driver
Last Updated:August 2, 2022

Introduction 

Nikita Dmitryevich Mazepin is a Russian professional racing driver who has quickly become one of the most skilled drivers in Formula One.

Although he has been racing since 2014, he entered Formula One in 2019 and quickly established himself as a strong competitor. 

However, since 2022, he has been suspended due to the ongoing Russian invasion of Ukraine and his father’s ties to the Russian government. 

As of January 2023, Nikita Mazepin’s net worth is estimated to be $100 Million.

 

Nikita Mazepin Facts

  • Nikita Mazepin started his kart racing career in 2011 after winning the Russian Karting championship.
  • In 2014, Mazepin won his first podium position at the MRF Challenge Formula 2000.
  • Mazepin helped his team win the GP3 Series team championship in 2018.
  • In 2021, Mazepin joined the Haas F1 team, competing under a neutral flag for the Russian Automobile Federation.
  • The same year, Mazepin competed in the Formula One World Championship.

 

Early Life 

Nikita Dmitryevich Mazepin was born March 2, 1999, in Moscow, Russia, to Dmitry Mazepin, a Russian-Belarusian oligarch who is the primary chairman and shareholder of the chemical company Uralchem.

In 2011, Nikita won the Russian Karting championship and officially started his international karting career, quickly climbing the ranks to become one of the best drivers.

During his final year of karting, in 2014, Nikita came in second in the Karting World Championship, which prompted him to make his car racing debut at the MRF Challenge Formula 2000 race later that year.

 

Career 

In 2016, Mazepin competed in the FIA Formula 3 European Championship, finishing in 20th place.

Nikita continued to race in Formula 3 for another year before moving to GP3 in 2018, where he competed in the ART Grand Prix and won four races, the most of any driver that year.

In 2019, Mazepin progressed to Formula 2 and then made it to Formula One in 2021 as a member of the Haas F1 Team.

During his career in Formula One, Mazepin partnered with Mick Schumacher and drove under a neutral flag for the Russian Automobile Federation.

Mazepin competed in the 2021 Formula One World Championship, and while he was set to compete in 2022, his team contract was terminated following the Russian invasion of Ukraine.

Following his departure from Formula One, Nikita made his Rally Raid debut and started We Compete As One, a foundation for supporting athletes who have been excluded for political reasons.

 

Nikita Mazepin’s Career Earnings

Nikita Mazepin has earned a lot of money during his racing career, but he is also heir to his father’s fortune as well.

While we don’t know everything Mazepin has earned during his career behind the wheel, we do know a bit about his general income overall.

  • During his career in Formula One, Mazepin earned around $1 million per year.
  • Mazepin is heir to his father, Dmitry Mazepin’s $830.5 million fortune.
  • At one point, Nikita’s father’s chemical business, Uralchem, was valued at over $1 billion.
  • Since 2022, the Mazepin family, including Nikita, have been subject to sanctions that have limited much of their wealth and power outside of Russia.

Nikita has earned more than enough money to become one of the richest racing drivers in the world, though his future wealth is uncertain given the state of the ongoing Russian-Ukrainian conflict.

 

Personal Life

Nikita Mazepin is a talented driver, but his career hasn’t been without controversy.

In 2020, the racing driver faced backlash based on a story posted to his official Instagram account, which appeared to show him inappropriately touching a woman.

This led to the creation of the hashtag #WeSayNoToMazepin, and while he apologized, his apology post was deleted nine days after its posting date.

Mazepin is also active on his official Twitter account, where he continues to post about racing and his foundation. 

In 2022, Nikita was included in EU sanctions based on his father’s connections to the Russian government, which has set back his Formula One career and caused many of his assets to be seized pending a resolution in Ukraine.

 

Awards & Achievements

Having been racing since 2014, Nikita Mazepin has competed in many races over the course of his career.

While all of his accomplishments have been significant, some stand out more than others.

Here are some of Nikita Mazepin’s most important career achievements:

  • In 2014, Mazepin earned his first podium in the second race of his single-seater career at the MRF Challenge Formula 2000.
  • While competing in the GP3 Series, Mazepin won four races and finished second in the championship.
  • In 2020, Mazepin claimed his first Formula Two podium at the Hungaroring before winning his first F2 race in Britain.
  • Mazepin competed in the Formula One World Championship in 2021.
  • After being dismissed from Formula One in 2022, Mazepin started We Compete As One, a foundation that supports athletes who have been excluded for political reasons.

Although he hasn’t won as many races as Kimi Raikkonen, if he is able to keep competing, it is very likely he could become one of the most accomplished racers in Formula One.

 

How Does Nikita Mazepin Spend His Money?

Nikita Mazepin is no stranger to a lavish lifestyle, thanks to his father, Russian oligarch Dmitry Mazepin, and his billion-dollar fortune.

However, while Nikita has spent his money on yachts, homes, and some of the most expensive private jets in the world, all of this changed dramatically in 2022.

Due to his father’s ties, both Nikita and his father were sanctioned by the EU, causing him to lose the means to live his playboy lifestyle.

His $100 million home in the Mediterranean, with 25 rooms, luscious gardens, and a large swimming pool, was reportedly seized by authorities, though he is said to own other homes in Monaco, Paris, and Moscow.

Mazepin is also known to own some of the most expensive cars in the world, including a McLaren 720, Lamborghini Aventador, Audi RS Q8, and Bugatti Veyron.

 

Highlights 

Nikita Mazepin has experienced a lot of success during his career, which has helped make him remarkably wealthy.

However, some moments stand out over the rest for their impact on his fame and fortune.

Here are some of the best highlights of Nikita Mazepin’s career: 

  • Nikita Mazepin started his career in Karting in 2013, finishing fourth in the CIK-FIA Karting European Championship.
  • In 2014, Mazepin made his car racing debut at the MRF Challenge Formula 2000.
  • Mazepin entered the Formula Three European Championship in 2016, finishing 20th.
  • In 2019, Mazepin made it to Formula Two, where he raced in the ART Grand Prix, ending the season in 18th place.
  •  Nikita Mazepin entered Formula One in 2020 and, in 2021, competed in the Formula One World Championship.

Like Fernando Alonso, Nikita Mazepin has reached many impressive milestones during his career, and he is just getting started.

 

Favorite Nikita Mazepin Quotes

Nikita Mazepin may be relatively new to the Formula One Circuit, but he has already made waves as a talented driver.

Looking to be the best he can be, Nikita is known to never back down from a challenge and give 100% in every race he competes in.

Here are our favorite quotes from Nikita Mazepin:

  • “Like one of the great racing drivers said, if you don’t go for a gap that exists, you’re no longer a racing driver, and I think this is applicable to every driver in F1.” – Nikita Mazepin
  • “Most of my team comes from England, Italy … Europe, we’re just basically trying to run a team in the most efficient and best way we can.” – Nikita Mazepin
  • “My hopes and expectations are simply to do very well. I think we’ve already shown that we’ve been very strong this year on different tracks with different degradation levels.” – Nikita Mazepin
  • “You could spend $10 million to $20 million and maybe move up one position, it wasn’t worth the money. We just decided we’d put all our money in the ’22 car.” – Nikita Mazepin
  • “My best memory from there is the 2018 race in GP3, where I took the pole position, which I then lost later on due to making a mistake in the rules. I recovered from eighth on the grid to finish second in the Feature Race.” – Nikita Mazepin

 

3 Amazing Lessons From Nikita Mazepin

There is a lot we can learn from Nakita Mazepin and his short but impressive racing career.

Now that you know all about Nikita Mazepin’s net worth, we can take a closer look at what he can teach us about reaching our own goals.

Here are some of the best success lessons to learn from Nikita Mazepin:

 

1. Stay Competitive

If you want to be successful, you will have to become competitive in order to stand out.

This doesn’t mean you shouldn’t work with others, but that you should always push yourself to be the best.

 

2. Pave Your Own Way

If you can’t find a way to achieve your goals, make a way for yourself.

Although this isn’t always easy, it is sometimes necessary if other ways of reaching your goals aren’t available.

 

3. Don’t Let Setbacks Hold You Back

Everyone falls behind at some point, but you’ll never make progress if you focus too much on your setbacks.

Remember that your setbacks and mistakes are just temporary and that once you learn from them, you should move on and leave them in the past.

 

Summary 

Nikita Mazepin has only been active in Formula One for a single season, but he has already earned incredible wealth.

While he has since been put on hiatus due to the ongoing Russian activities in Ukraine, we will likely see him return to the track in the future.

If you want to stay informed about changes impacting Mazepin’s fortune and career, check back often for updates!

As of January 2023, Nikita Mazepin’s net worth is estimated to be $100 Million.

What do you think about Nikita Mazepin’s net worth? Leave a comment below.

Shawna
Shawna
Shawna Schofield is a writer from Chicago who loves tech and gaming. In the past she has collected everything from baseball cards to barbies and she considers herself to be a tasteful hoarder of potentially valuable items.

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