Tony Kanaan Net Worth

What is Tony Kanaan's Net Worth?

Tony Kanaan is a Brazilian racing driver who has a net worth of $12 million. Tony Kanaan has competed in Championship Auto Racing Teams and the IndyCar Series, winning the IndyCar Series in 2004 and the Indianapolis 500 in 2013. He has also competed in sports car and stock car racing.

Early Life

Antoine Rizkallah Kanaan Filho was born on New Year's Eve, 1974, in Salvador, Brazil. He is of Lebanese descent.

Start of Racing Career

In 1994, Kanaan began his racing career in Formula Europa Boxer. Driving for Cram Competition, he won the series championship. The next year, Kanaan drove for Tatuus in Italian Formula Three, and finished the series in fifth place with nine podiums and one race win. In both 1996 and 1997, he drove for Tasman Motorsports in Indy Lights.

Championship Auto Racing Teams

Staying with Tasman Motorsports, Kanaan joined Championship Auto Racing Teams in 1998. In his first season in CART, he finished ninth in points and was named Rookie of the Year. Kanaan had another strong season in 1999, winning the U.S. 500. In 2000, he moved to Mo Nunn Racing, where he would remain until the end of his CART career in 2002. Kanaan left CART with one win, six podiums, and four poles.

IndyCar Series

In 2002, Kanaan competed for Mo Nunn Racing in the IndyCar Series, making a one-off appearance in the Indianapolis 500. He ended up crashing in the race, giving him a 28th-place finish. Kanaan went on to join the IndyCar Series full-time in 2003. Competing for Andretti Green Racing, he won the Purex Dial Indy 200 and came in third in the Indianapolis 500, and finished the season fourth in the standings. Kanaan had his breakout year in 2004, winning the Copper World Indy 200, the Bombardier 500, and the Firestone Indy 200, and setting an IndyCar record by completing all 3,305 possible laps. With 618 points, he won the series championship. In 2005, Kanaan won the Argent Mortgage Indy 300 and the Argent Mortgage Indy Grand Prix, and finished the season second in the standings. He had a less prodigious season in 2006, finishing in sixth place. Kanaan came back strong in 2007 to record the single winningest season of his career, with five race wins. However, he finished the season third in points. Kanaan finished third again in the 2008 season, and in 2009 he came in sixth. He had his final season with Andretti in 2010, when he again finished in sixth place.

For the 2011 season, Kanaan joined KV Racing Technology-Lotus, which was owned by his former rival Jimmy Vasser. That season, he was involved in a massive crash in the MoveThatBlock.com Indy 225. Kanaan finished the season in fifth place in the standings. In 2012, he finished in ninth place. He went on to have one of his most memorable seasons in 2013, when he fought a hard battle to win the Indianapolis 500. Moreover, Kanaan won the race at an average speed of over 187 miles per hour, setting a new record. However, despite that victory, he finished the season outside of the top ten in points for the first time in his IndyCar career. Kanaan improved in the standings in 2014, finishing in seventh place. He finished eighth in 2015, and seventh in 2016, with no race wins in either season. In the latter season, Kanaan began driving for Ganassi, where he remained in 2017. He subsequently moved to A. J. Foyt Racing, with which he had some of his worst career seasons in 2018, 2019, and 2020. In 2021, Kanaan returned to Ganassi on a part-time schedule. A couple of years later, he became the team principal of Arrow McLaren.

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Sports Car Racing

In sports car racing, Kanaan made his debut in the SCCA United States Road Racing Championship in 1998, competing in one event. He returned to sports car racing in 2007 to compete in the American Le Mans Series for Andretti Green Racing. Kanaan raced for Andretti again in the 2008 series. He later competed in the 2013 Rolex Grand-Am Sports Car Series and the Tudor United SportsCar Championship, and made his 24 Hours of Le Mans debut in 2017.

Stock Car Racing

In 2012, Kanaan entered Stock Car Brasil on a part-time basis. He began stock car racing full-time in 2021, driving for Full Time Bassani. Also that year, Kanaan competed in four races in Superstar Racing Experience. He continued competing in both the Stock Car Pro Series and SRX in 2022 and 2023.

Personal Life

Kanaan has been married twice and has four children. Beyond car racing, he is a triathlete and has competed in multiple Ironman races.

Real Estate

In 2017, Tony paid $1.8 million for a 7,500-square-foot home in Indianapolis, Indiana.

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