With the net worth of $200 Million, Niki Lauda is the #1863 richest person on earth all the time.
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Niki Lauda Salary Highlights: When he signed Brabham-Alfa Romeo in 1978, it came with a $1 million annual salary. That's the same as around $4 million today after adjusting for inflation. After brief retirement, he made a comeback in 1982 with McLaren. His McLaren deal paid $3 million per year, the same as $12 million per year today.
Niki was married to Marlene Knaus from 1976 to 1991. They raised two sons, Mathias and Lukas. Mathias became a professional racer and Lukas became Mathias's manager. Niki married Birgit Wetzinger in 2008. The couple welcomed twins in 2009, a boy and a girl.
Niki Lauda was raised by a wealthy Austrian family who disapproved of his choice of racing as a career.
Niki Lauda was born on 22 February 1949 in Vienna, Austria, to a wealthy paper manufacturing family. His paternal grandfather was the Viennese-born industrialist Hans Lauda.
Lauda became a racing driver despite his family's disapproval. After starting out with a Mini, Lauda moved on into Formula Vee, as was normal in Central Europe, but rapidly moved up to drive in private Porsche and Chevron sports cars. With his career stalled, he took out a £30,000 bank loan, secured by a life insurance policy, to buy his way into the fledgling March team as a Formula Two (F2) driver in 1971. Because of his family's disapproval he had an ongoing feud with them over his racing ambitions and abandoned further contact.
Lauda was quickly promoted to the F1 team, but drove for March in F1 and F2 in 1972. Although the F2 cars were good (and Lauda's driving skills impressed March principal Robin Herd), March's 1972 F1 season was catastrophic. Perhaps the lowest point of the team's season came at the Canadian Grand Prix at Mosport Park, where both March cars were disqualified within 3 laps of each other after just past 3/4 race distance. Lauda took out another bank loan to buy his way into the BRM team in 1973. Lauda was instantly quick, but the team was in decline; although the BRM P160E was quick and easy to drive it was not reliable and its engine lacked power. Lauda’s big break came after he ran 3rd at the Monaco Grand Prix that year, and Enzo Ferrari became interested. When his BRM teammate Clay Regazzoni left to rejoin Ferrari in 1974 and team owner Enzo Ferrari asked him what he thought of Lauda. Regazzoni spoke so favourably of Lauda that Ferrari promptly signed him, paying him enough to clear his debts.
After an unsuccessful start to the 1970s culminating in a disastrous start to the 1973 season, Ferrari regrouped completely under Luca di Montezemolo and were resurgent in 1974. The team's faith in the little-known Lauda was quickly rewarded by a second-place finish in his debut race for the team, the season-opening Argentine Grand Prix. His first Grand Prix (GP) victory – and the first for Ferrari since 1972 – followed only three races later in the Spanish Grand Prix. Although Lauda became the season's pacesetter, achieving six consecutive pole positions, a mixture of inexperience and mechanical unreliability meant Lauda won only one more race that year, the Dutch GP. He finished fourth in the Drivers' Championship and demonstrated immense commitment to testing and improving the car.
The 1975 F1 season started slowly for Lauda; after no better than a fifth-place finish in the first four races, he won four of the next five driving the new Ferrari 312T. His first World Championship was confirmed with a third-place finish at the Italian Grand Prix at Monza; Lauda's teammate Regazzoni won the race and Ferrari clinched their first Constructors' Championship in 11 years; Lauda then picked up a fifth win at the last race of the year, the United States GP at Watkins Glen. He also became the first driver to lap the Nürburgring Nordschleife in under seven minutes, which was considered a huge feat as the Nordschleife section of the Nürburgring was two miles longer than it is today. Lauda did not win the German Grand Prix from pole position there that year; after battling hard with Patrick Depailler for the lead for the first half of the race, Lauda led for the first 9 laps but suffered a puncture at the Wippermann 9 miles into the 10th lap and was passed by Carlos Reutemann, James Hunt, Tom Pryce and Jacques Laffite; Lauda made it back to the pits with a damaged front wing and a destroyed left front tyre. The Ferrari pit changed the destroyed tyre and Lauda managed to make it to the podium in 3rd behind Reutemann and Laffite after Hunt retired and Pryce had to slow down because of a fuel leak. Lauda was known for giving away any trophies he won to his local garage in exchange for his car to be washed and serviced.
Unlike 1975 and despite tensions between Lauda and Montezemolo's successor, Daniele Audetto, Lauda dominated the start of the 1976 F1 season, winning four of the first six races and finishing second in the other two. By the time of his fifth win of the year at the British GP, he had more than double the points of his closest challengers Jody Scheckter and James Hunt, and a second consecutive World Championship appeared a formality. It would be a feat not achieved since Jack Brabham's victories in 1959 and 1960. He also looked set to win the most races in a season, a record held by the late Jim Clark since 1963.
On 1 August 1976 during the second lap at the very fast left kink before Bergwerk, Lauda was involved in an accident where his Ferrari swerved off the track, hit an embankment, burst into flames, and made contact with Brett Lunger's Surtees-Ford car. Unlike Lunger, Lauda was trapped in the wreckage. Drivers Arturo Merzario, Lunger, Guy Edwards, and Harald Ertl arrived at the scene a few moments later, but before Merzario was able to pull Lauda from his car, he suffered severe burns to his head and inhaled hot toxic gases that damaged his lungs and blood. In an interview with BBC Radio 5 Live ("I Was There -- May 21, 2019"; "Niki Lauda speaks in 2015"), Lauda said, "...there were basically two or three drivers trying to get me out of the car, but one was Arturo Merzario, the Italian guy, who also had to stop there at the scene, because I blocked the road; and he really came into the car himself, and uh, triggered my, my seatbelt loose, and then pulled me out. It was unbelievable, how he could do that, and I met him afterwards, and I said, 'How could you do it?!'. He said, 'Honestly, I do not know, but to open your seatbelt was so difficult, because you were pushing so hard against it, and when it was open, I got you out of the car like a feather...'." As Lauda was wearing a modified helmet because it didn't fit him properly, the foam had compressed and it slid off his head after the accident, leaving his face exposed to the fire. Although Lauda was conscious and able to stand immediately after the accident, he later lapsed into a coma. While in hospital he was given the last rites, but survived.
The 1976 F1 battle between Niki Lauda and James Hunt was dramatized in the film Rush (2013), where Lauda was played by Daniel Brühl. Lauda made a cameo appearance at the end of the film. Lauda said of Hunt's death, "When I heard he'd died age 45 of a heart attack I wasn't surprised, I was just sad." He also said that Hunt was one of the very few he liked, a smaller number of people he respected and the only person he had envied.
A week before the 1976 German Grand Prix at the Nürburgring, even though he was the fastest driver on that circuit at the time, Lauda urged his fellow drivers to boycott the race, largely because of the 23-kilometre (14 mi) circuit's safety arrangements, citing the organisers' lack of resources to properly manage such a huge circuit, including lack of fire marshals, fire and safety equipment and safety vehicles. Formula One was quite dangerous at the time (three of the drivers that day would later die in Formula One incidents: Tom Pryce in 1977; Ronnie Peterson in 1978; and Patrick Depailler in 1980), but a majority of the drivers voted against the boycott and the race went ahead.
Joining Parmalat-sponsored Brabham-Alfa Romeo in 1978 for a $1 million salary, Lauda endured two unsuccessful seasons, remembered mainly for his one race in the Brabham BT46B, a radical design known as the Fan Car: it won its first and only race at the Swedish GP, but Brabham did not use the car in F1 again; other teams vigorously protested the fan car's legality and Brabham team owner Bernie Ecclestone, who at the time was maneuvering for acquisition of Formula One's commercial rights, did not want to fight a protracted battle over the car, but the victory in Sweden remained official. The Brabham BT46 Alfa Romeo flat-12 began the 1978 season at the third race in South Africa. It suffered from a variety of troubles that forced Lauda to retire the car 9 out of 14 races. Lauda's best results, apart from the wins in Sweden and Italy after the penalization of Mario Andretti and Gilles Villeneuve, were 2nd in Monaco and Great Britain, and a 3rd in the Netherlands.
In 1982 Lauda returned to racing, for an unprecedented $3 million salary. After a successful test with McLaren, the only problem was to convince then team sponsor Marlboro that he was still capable of winning. Lauda proved he was when, in his third race back, he won the Long Beach Grand Prix. Before the opening race of the season at Kyalami race track in South Africa, Lauda was the organiser of the so-called "drivers' strike"; Lauda had seen that the new Super Licence required the drivers to commit themselves to their present teams and realised that this could hinder a driver's negotiating position. The drivers, with the exception of Teo Fabi, barricaded themselves in a banqueting suite at Sunnyside Park Hotel until they had won the day.
Lauda's helmet was originally a plain red with his full name written on both sides and the Raiffeisen Bank logo in the chin area. He wore a modified AGV helmet in the weeks following his Nürburgring accident so as the lining would not aggravate his burned scalp too badly. In 1982, upon his return to McLaren, his helmet was white and featured the red "L" logo of Lauda Air instead of his name on both sides, complete with branding from his personal sponsor Parmalat on the top. From 1983–1985, the red and white were reversed to evoke memories of his earlier helmet design.
The 1983 season proved to be transitional for the McLaren team as they were making a change from Ford-Cosworth engines, to TAG-badged Porsche turbo engines, and Lauda did not win a race that year, with his best finish being second at Long Beach behind his teammate John Watson. Some political maneuvering by Lauda forced a furious chief designer John Barnard to design an interim car earlier than expected to get the TAG-Porsche engine some much needed race testing; Lauda nearly won the last race of the season in South Africa.
Lauda won a third world championship in 1984 by half a point over teammate Alain Prost, due only to half points being awarded for the shortened 1984 Monaco Grand Prix. His Austrian Grand Prix victory that year is so far the only time an Austrian has won his home Grand Prix. Initially, Lauda did not want Prost to become his teammate, as he presented a much faster rival. However, during the two seasons together, they had a good relationship and Lauda later said that beating the talented Frenchman was a big motivator for him. The whole season continued to be dominated by Lauda and Prost, who won 12 of 16 races. Lauda won five races, while Prost won seven. However, Lauda, who set a record for the most pole positions in a season during the 1975 season, rarely matched his teammate in qualifying. Despite this, Lauda's championship win came in Portugal, when he had to start in eleventh place on the grid, while Prost qualified on the front row. Prost did everything he could, starting from second and winning his seventh race of the season, but Lauda's calculating drive (which included setting the fastest race lap), passing car after car, saw him finish second behind his teammate which gave him enough points to win his third title. His second place was a lucky one though as Nigel Mansell was in second for much of the race. However, as it was his last race with Lotus before joining Williams in 1985, Lotus boss Peter Warr refused to give Mansell the brakes he wanted for his car and the Englishman retired with brake failure on lap 52. As Lauda had passed the Toleman of F1 rookie Ayrton Senna for third place only a few laps earlier, Mansell's retirement elevated him to second behind Prost.
The 1985 season was a disappointment for Lauda, with eleven retirements from the fourteen races he started. He did not start the Belgian Grand Prix at Spa-Francorchamps after crashing and breaking his wrist during practice, and he later missed the European Grand Prix at Brands Hatch; John Watson replaced him for that race. He did manage fourth at the San Marino Grand Prix, 5th at the German Grand Prix, and a single race win at the Dutch Grand Prix where he held off a fast finishing Prost late in the race. This proved to be his last Grand Prix victory and also the last Formula One Grand Prix held in the Netherlands. After announcing his impending retirement at the 1985 Austrian Grand Prix, he retired for good at the end of that season.
Lauda's final Formula One Grand Prix drive was the inaugural Australian Grand Prix in Adelaide, South Australia. After qualifying 16th, a steady drive saw him leading by lap 53. However, the McLaren's ceramic brakes suffered on the street circuit and he crashed out of the lead at the end of the long Brabham Straight on lap 57 when his brakes finally failed. He was one of only two drivers in the race who had driven in the non-championship 1984 Australian Grand Prix, the other being 1982 World Champion Keke Rosberg, who won in Adelaide in 1985 and would take Lauda's place at McLaren in 1986.
Lauda returned to running his airline, Lauda Air, on his second Formula One retirement in 1985. During his time as airline manager, he was appointed consultant at Ferrari as part of an effort by Montezemolo to rejuvenate the team. After selling his Lauda Air shares to majority partner Austrian Airlines in 1999, he managed the Jaguar Formula One racing team from 2001 to 2002. In late 2003, he started a new airline, Niki. Similar to Lauda Air, Niki was merged with its major partner Air Berlin in 2011. In early 2016, Lauda took over chartered airline Amira Air and renamed the company LaudaMotion. As a result of Air Berlin's insolvency in 2017, LaudaMotion took over the Niki brand and asset after an unsuccessful bid by Lufthansa and IAG. Lauda held a commercial pilot's licence and from time to time acted as a captain on the flights of his airline.
In 1993 Lauda returned to Formula One in a managerial position when Luca di Montezemolo offered him a consulting role at Ferrari. Halfway through the 2001 season Lauda assumed the role of team principal of the Jaguar Formula One team. The team, however, failed to improve and Lauda was made redundant, together with 70 other key figures, at the end of 2002.
He was inducted into the International Motorsports Hall of Fame in 1993 and from 1996 provided commentary on Grands Prix for Austrian and German television on RTL. He was, however, criticized for calling Robert Kubica a "polacke" (an ethnic slur for Polish people). It happened on air in May 2010 at the Monaco Grand Prix.
In 2005 the Austrian post office issued a stamp honouring him. In 2008, American sports television network ESPN ranked him 22nd on their top drivers of all-time.
The name of his mother is Elisabeth. Lauda had two sons with first wife Marlene Knaus (married 1976, divorced 1991): Mathias, a race driver himself, and Lukas, who acted as Mathias's manager. In 2008 he married Birgit Wetzinger, a flight attendant for his airline. In 2005, she donated a kidney to Lauda when the kidney he received from his brother in 1997 failed. In September 2009, Birgit gave birth to twins.
Lauda is sometimes known by the nickname "the rat", "SuperRat" or "King Rat" because of his prominent buck teeth. He was associated with both Parmalat and Viessmann, sponsoring the ever-present cap he wore from 1976 to hide the severe burns he sustained in his Nürburgring accident. Lauda said in a 2009 interview with the German newspaper Die Zeit that an advertiser was paying €1.2m for the space on his red cap.
In September 2012 he was appointed non-executive chairman of the Mercedes AMG Petronas F1 Team. He took part in negotiations to sign Lewis Hamilton to a three-year deal with Mercedes in 2013.
On 2 August 2018 it was announced that Lauda had successfully undergone a lung transplant operation in his native Austria.
On 20 May 2019, Lauda died in his sleep, aged 70, at the University Hospital of Zürich, where he had been undergoing dialysis treatment for kidney problems, following a period of ill health. A statement issued on behalf of his family reported that he had died peacefully, surrounded by family members.
Currently, Niki Lauda is 71 years old. Niki Lauda will celebrate 72nd birthday on Tuesday, February 22, 2022. Below we countdown to Niki Lauda upcoming birthday.
r/formula1 - Happy 67th Birthday Niki Lauda - three-time (1975, 1977, 1984) F1 World Champion. What a driver!
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