F1 sensation Oliver Bearman is already a millionaire, with reports detailing the Ferrari drivers’ staggering wealth. The teenager has caught the headlines in recent weeks, having become one of the youngest-ever drivers to start a Grand Prix.

It’s been quite the start to 2024 for Bearman. Even those well-versed on F1 wouldn’t have known too much about the British teenager before the start of the 2024 campaign, but now he’s somewhat of a household name. That’s because Bearman started on the grid for Ferrari at the Saudi Arabian Grand Prix, after starting driver Carlos Sainz was admitted to hospital for surgery.

Bearman wasn’t just there to make up the numbers either. In fact, the 18-year-old ended the race inside the points during his debut race, notching up a tidy seventh-placed finish on the Jeddah Corniche Circuit. He even managed to finish ahead of legendary British racer Lewis Hamilton, with the seven-time world champion coming in over a minute slower than Bearman himself.

And according to The Sun, the rising star in the world of F1 has already racked up considerable wealth, with Bearman’s net worth said to be in excess of £1million. That’s after figures revealed his racing firm, OBR Management Ltd, has assets worth £302,263 and is due to be paid £774,730.

OBR Management Ltd – previously named Oliver Bearman Racing Ltd – has three registered directors, one being Oliver himself, with another being his dad, David. But it isn’t only on the track where F1 ace Bearman is shining, with the Ferrari driver reportedly dating TikTok star and model Estelle Ogilvy.

Ogilvy – whose username on the social media platform is @Silly_Lettuce – boasts a whopping 86,000 followers. The influencer is said to enjoy a glam life, which sees her split time between studying, creating social media content and jetting all over the world watching Bearman race.

That will likely continue if Bearman keeps up his current trajectory, with the Chelmsford-born starlet expected to be involved in more F1 races following his eye-catching debut. Next up on the calendar is the Australian Grand Prix in Melbourne, with Bearman expected to be on the grid as Sainz continues to recover from appendicitis surgery.

What’s more, there has been talk of Bearman grabbing a seat of his own for the 2025 F1 season, with Haas one of the constructors believed to be keen. One thing is for sure though, Bearman’s profile is expected to carry on growing, with the Brit well-placed to be the ‘next big thing’ in F1.