SHOCKING: Sacked F1 Driver who issued grovelling Lewis Hamilton apology is heir to £2.7bn fortune
Nicholas Latifi’s three-year stint in Formula One will forever be remembered for his unintentional role in the dramatic 2021 Abu Dhabi Grand Prix. The Canadian driver’s crash, which brought out the safety car, played a significant part in the title race between Lewis Hamilton and Max Verstappen. The incident sparked controversy, and Latifi faced backlash, prompting him to issue an apology.
Latifi’s F1 career came to an end after the 2022 season, with Williams replacing him with Logan Sargeant for 2023. Since then, Latifi has largely stepped away from the spotlight, only surfacing to announce his decision to pursue a Master of Business Administration at the London Business School in July 2023.
As Latifi embarks on this new chapter, he has a remarkable role model to look up to – his father, Michael Latifi. The 62-year-old billionaire, founder and owner of Sofina Foods, boasts a net worth of $3.4 billion, according to Forbes. Born in Iran, Michael immigrated to Canada as a teenager and began his career with a humble job at McDonald’s.
Michael Latifi’s business acumen and investments have not only secured his family’s financial future but also granted them access to exclusive luxuries. He owns a 10% stake in McLaren through his investment company Nidala Limited, purchased for approximately £200 million in 2018. Nicholas, along with his siblings – son Max and daughters Afschineh and Afsaneh – stands to inherit his father’s vast fortune, which includes a £160 million yacht and one of Michael Schumacher’s former Ferrari racecars.
As Nicholas Latifi navigates his post-F1 life, he is likely to draw inspiration from his father’s remarkable success story. Michael Latifi’s rags-to-riches journey serves as a testament to hard work, determination, and strategic business decisions. With his father’s guidance and support, Nicholas is poised to excel in his future endeavors, whether in the business world or beyond.
The Latifi family’s ties to the world of motorsport remain strong, thanks to Michael’s investment in McLaren. While Nicholas may have hung up his racing helmet, his family’s legacy in the sport continues. As he pursues his MBA and explores new opportunities, Nicholas Latifi is sure to make a name for himself, both in and out of the racing world.
