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Jonathan Palmer Net Worth

Jonathan Palmer Net Worth

Net Worth: $33 Million

Statistics
  • Source of Wealth Motor Racing, Entrepreneur
  • Nationality United Kingdom

About Jonathan Palmer

English entrepreneur and former racing driver, Jonathan Palmer has a net worth of $33 million as of May 2012, according to the Sunday Times Rich List. A qualified doctor, Palmer was a moderately successful Formula One driver in the 1980s. He replaced the late James Hunt as an F1 commentator for the BBC in 1993 and continued in that role for four years. By then, he had set up MotorSport Vision, which promoted championships and corporate driving days, first at an old airfield in Leicestershire and later at a former RAF base. In 2003, MotorSport Vision bought Brands Hatch and three other circuits for £15.5m. It now has five circuits and in 2010 Brands Hatch-based MSV Group, made £2.6 million profit on £41 million sales. It is worth £26 million, far less than in 2011. Palmer has a 75% stake.