Marcus Armstrong at a Glance
- Net Worth (2025): $4 million
- Birthdate: July 29, 2000
- Birthplace: Christchurch, New Zealand
- Profession: Motor racing driver
- Nationality: New Zealander
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What is Marcus Armstrong’s Net Worth?
Marcus Armstrong has a net worth of $4 million. The New Zealander built his fortune primarily through his professional career as a motor racing driver in the NTT IndyCar Series.
Armstrong’s income is derived from his racing contracts, team salaries, and personal endorsements. He currently drives for Meyer Shank Racing. Before this, he held a coveted spot with the championship-winning team Chip Ganassi Racing. His financial standing is also supported by a significant family background; his father, Rick Armstrong, is a prominent vehicle retail magnate in New Zealand.
A significant part of his early career development was funded by his inclusion in the prestigious Ferrari Driver Academy, which he was a member of from 2017 until 2021.
Early Life
Marcus Armstrong was born in Christchurch, New Zealand. He began his racing career in 2010 in karting. He quickly found success, winning several Kartsport NZ National Sprint Championships in his home country. His dominant performances in New Zealand and Australia paved the way for a move to Europe in 2015 to pursue a professional single-seater career.
Career
Marcus Armstrong’s professional career in single-seaters gained serious momentum after he moved to Europe. A pivotal moment came in 2017 when he was signed to the prestigious Ferrari Driver Academy. That same year, he dominated the Italian F4 Championship, winning the title, and finished as the runner-up in the ADAC German F4 championship.
He continued his rise through the European junior ranks, competing in the Toyota Racing Series in his home country, where he finished as vice-champion in 2019. Armstrong then moved to the newly formed FIA Formula 3 Championship, where he impressed again, finishing as the 2019 vice-champion with Prema Racing. This success led to his promotion to the FIA Formula 2 Championship, the primary feeder series for Formula 1. Armstrong competed in Formula 2 from 2020 to 2022, securing multiple race victories.
Following his departure from the Ferrari program, Armstrong transitioned his career to the United States in 2023, joining the NTT IndyCar Series. Driving for Chip Ganassi Racing, he captured the Rookie of the Year title. He moved to Meyer Shank Racing for the 2025 season. He completed a strong 2025 campaign that resulted in a career-best eighth place in the championship standings, securing a contract extension with the team for 2026.
