F1 star Oliver Bearman is a millionaire aged just 18, new accounts reveal.
The Ferrari rising star pipped idol Lewis Hamilton in a stunning debut race in Saudi Arabia last Saturday as he finished seventh.
And figures reveal his racing firm – OBR Management Ltd – is in full throttle. It has assets of £302,263 and is due to be paid £774,730.
It means the teen prodigy, who is dating TikTok sensation Estelle Ogilvy, is worth on paper an eye-watering £1,076.993.
The firm, which used to be called Oliver Bearman Racing Ltd, channels his F1 earnings and filed accounts to June 30, 2023 at Companies House this week.
OBR Management was formed in June 2020, and was previously known as Ollie Bearman Racing Ltd.
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Oliver – who joined Ferrari’s academy aged 16 – is one of three directors of the company along with his Dad, David, 45.
And a source said: “Oliver has burst onto the scene and will add millions to his earnings in the coming years.
“He is very marketable and likable so companies will want to be associated with him.
“And the fact that he is dating Estelle, who could also make millions from modelling, only adds to his value.”
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We told on Wednesday how the teen F1 star flunked his first driving test before passing at the second attempt.
He failed over “response to traffic lights” – probably meaning he pulled away too quickly.
Driving instructor David, 52, who helped him pass second time around told how they took lessons in Ollie’s BMW and he felt “totally safe”.
The teen star replaced Carlos Sainz at the Saudi Grand Prix, and won the fan-voted Driver of the Day award.
He is set for more Formula 1 outings after his dazzling debut.
Source: Motorsport - thesun.co.uk
