Chloe Chambers’ Net Worth: How Rich is the F1 Academy Race Driver?

It was on June 14, 2004, that Chloe Chambers was born in Guangdong, China, only to soon be adopted by a loving couple who could not have kids of their own, Shannon and Matthew Chambers. Little did anyone know at the time that this young girl would go on to not only become an elder sister to two fellow adopted siblings but also a wholly supported professional racing driver. She’d gotten into motorsports thanks to her father, as also explored in Netflix’s ‘F1: The Academy,’ and she has never looked back since; instead, she hopes to make it to Formula 1 one day.

How Did Chloe Chambers Earn Her Money?

Chloe Chambers was 11 months old when she arrived in the US in the arms of the joyful Shannon and Matthew, before later being raised alongside her siblings in Monroe, New York. As per her own accounts, she grew up watching Formula 1 with her English dad by her side, who explained to her all the rules as they witnessed Lewis Hamilton grow through his formative years. Therefore, when she herself expressed a desire to spread her wings from competitive swimming and try her hand at racing at the age of 8, both her parents stood right by her to show their support.

Chloe’s dad was her first coach and mechanic, but as she continued navigating the karting scene across North America and honed her basic skills, he got professionals to help her journey. According to records, she gradually progressed through club, regional, and national levels in her class, all the while also competing in a few leagues in Canada to expand her scope for the future. In fact, apart from securing the New York State Championship at age 11 before earning the Northeast Rotax Championship the very next year at age 12, she attained experience through participating in Florida Winter Tours, Canadian National Cups, Go Pro Motorplex Championships, and SKUSA SuperNationals.

However, it wasn’t until 2019 that Chloe got her big break by securing 3rd place in the SKUSA SuperNationals Series in the X30 Junior Class, as it caught the eye of professionals at higher levels. Ultimately, in 2021, she made the leap into single-seater racing by debuting at the Formula 4 (F4) United States Championship under the banner of a team by the name of Future Star Racing. From there, this young competitive spirit joined the renowned W Series with Jenner Racing before further spreading her wings to partake in the Formula Regional Oceania Championship with Giles Motorsport and the Porsche Sprint Challenge with TPC Racing in 2023. She ranked 16th, 9th, and 6th, respectively.

Despite the rankings, Chloe’s progress over time was evident in the way she ended up creating history in the Formula Regional Championship by becoming the first female polesitter after an event. This subsequently also gave way to her landing a spot in the F1 Academy in 2024 – she was initially backed by Haas, but she proved her mettle to such an extent that Red Bull poached her at the end of her first year. So, the 2024 IMSA Ford Mustang Challenge driver at 24th place is currently competing in both the Formula Winter Series and F1 Academy under the banner of Campos Racing.

Chloe Chambers’ Earnings and Net Worth

Considering Chloe has been racing at a professional level for over a decade, despite being just 20 years old as of writing, she has undeniably accumulated a decent level of wealth for herself. This comes from a salary through her different contracts across different series, the possible performance bonuses she receives, winning funds from securing podium finishes, and sponsorship deals. However, neither the F1 Academy nor the Formula Winter Series offers any prizes to podium finishers; instead, they offer recognition as well as a sponsored chance to move forward to the next level.

That said, Chloe has still earned from racing alone. Combining her possible podium finishes across her early years—in the Formula Regional Championship, the W Series, and more—she has likely made around $50,000. As for her sponsorships, since she’s associated with Red Bull Racing, Ford Performance, and Campos Racing, all while maintaining a strong online presence and positive reputation, she likely earns close to $100,000 per year through these deals. That’s from simply having her name and brand associated with teams, plus around $20,000 per promotional post online.

Chloe is also managed by A14 Management and currently supported by Monoflo International and Sparco, so it’s clear she’s doing well for herself. What’s more, she has an additional income stream through her social media, where she’s a public figure with 65K Instagram followers and 9,000 TikTok followers. Given her positive reputation and rising career, it’s likely she earns about $5 per 1,000 views across platforms, which could add up to $30,000 per year based on an estimated 500K monthly views.

So, taking all this into account—her race earnings, sponsorship deals, social media income—and factoring in the high costs of racing, we estimate Chloe Chambers’ current net worth to be $150,000.

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