Zak Brown net worth 2024 | career & investments

The net worth of Zak Brown

Zak Brown is a well-known American businessman who currently resides in England. Brown serves as the CEO of McLaren Racing and has an estimated net worth of $100 million.

How Zak Brown became the CEO of McLaren

The American CEO was a professional racer in his earlier years, competing from approximately 1986 until 2023, starting with karting. He then progressed to Formula Ford 1600, the Opel-Lotus Benelux Series, the Toyota Atlantic Series, and the British Formula Three championship. Additionally, he participated in races such as the 12 Hours of Sebring and the 24 Hours of Daytona. Throughout his racing career, he honed his skills in the motorsports business and commercial sectors.

This expertise led him to establish his company, JMI, in 1995, specializing in motorsport marketing. JMI became highly successful, ultimately becoming the largest and most successful motorsport marketing agency globally. Zak Brown gained recognition as a prominent businessman, and even after JMI was acquired by Chime, he remained as CEO.

In 2016, Brown initially joined McLaren as the Executive Director of the McLaren Technology Group. Subsequently, in 2018, he assumed the role of CEO of McLaren Racing. This remarkable success has contributed significantly to his impressive net worth.

Is Zak Brown still at McLaren?

Indeed, Zak Brown continues to hold the position of CEO at McLaren. His tenure has been secured with a contract extension that stretches until 2030. Brown took on the role of McLaren's Chief Executive Officer in 2018.

Who was the CEO of McLaren before Zak Brown?

Before Zak Brown, Ron Dennis was the CEO of McLaren Racing. He was an individual shareholder, CEO, Chairman, and Director of McLaren.

Why isn't Zak Brown the team principal of McLaren?

Zak Brown stated the following regarding appointing Andrea Stella as the team principal of McLaren: "He's a real people person, he's very technical, he's a good communicator, he listens, and he's decisive, so he's all the things you would want in a team leader." By appointing Stella as team principal, Brown can focus on his tasks as CEO of McLaren Racing, which is the reason he isn't the team principal himself.