Paddy McNally

Paddy McNally (born 1931/1932) is an Irish autosports businessman, and the former owner of Allsport Management. He has a net worth of £610 million, according to The Sunday Times Rich List.

Paddy McNally
Born1931/1932 (age 88–89)[1]
Donegal, Ireland
NationalityIrish
OccupationBusinessman
Net worthEuro 506 million (January 2018)[1]
Children2

Early life

Born in Donegal, Ireland, McNally started his career as a motorsports journalist.[2] In the 1960s, McNally was a contributor to Autosport magazine.

Career

In the early 1970s, McNally founded Allsport Management, which provided corporate entertainment and trackside advertising for Formula One events.[3]

Based in Geneva, Allsports owned the trackside advertising rights at Formula 1 circuits and operated The Paddock Club, the F1 hospitality provider.

In 2006, he sold Allsports Management to CVC for $334 million.[2] In 2011, McNally announced his retirement from the Formula One circuit.[4][5]

Personal life

McNally has homes in Switzerland, Saint-Tropez, the Cote d'Azur and Verbier.[2][3] He owns a Sunseeker yacht, and previously dated Sarah, Duchess of York.[6]

McNally also owns Warneford Place, Wiltshire, the former home of Ian Fleming. In 2004, the property was burgled.[7]

Reference
  1. "Business Profile: Paddy McNally". Irish Independent. 15 January 2018. Retrieved 19 October 2018.
  2. "Paddy McNally - Independent.ie". Independent.ie. Retrieved 2018-03-02.
  3. "Paddy McNally - Independent.ie". Independent.ie. Retrieved 2018-03-02.
  4. Editorial, Reuters. "Allsport boss Patrick McNally to retire". U.K. Retrieved 2018-03-02.
  5. "Driving Rich List 2017: Triumph chief powers into second place but Bernie Ecclestone stays top". Sunday Times Driving. 2017-05-06. Retrieved 2018-03-02.
  6. Cochrane, Kira (2010-05-24). "Why I feel sorry for Sarah Ferguson". the Guardian. Retrieved 2018-03-02.
  7. "Daring raid on tycoon's home". The Wiltshire Gazette and Herald. Retrieved 2018-03-02.
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