Paddy McNally


Paddy McNally 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.

Early life

Born in Donegal, Ireland, McNally started his career as a motorsports journalist. 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.
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. In 2011, McNally announced his retirement from the Formula One circuit.

Personal life

McNally has homes in Switzerland, Saint-Tropez, the Cote d'Azur and Verbier. He owns a Sunseeker yacht, and previously dated Sarah, Duchess of York.
McNally also owns Warneford Place, Wiltshire, the former home of Ian Fleming. In 2004, the property was burgled.