Chris Hoy Net Worth: Career Earnings & Charity

This article was last updated by on

Chris Hoy, a former track cyclist and Racing driver from Scotland, has a net worth of $50 million and has represented Scotland at the commonwealth games and the UK at the Olympics and world championships. 

Hoy has won the world championship eleven times and the Olympic title six times. The athlete is the second-most decorated Olympic cyclist of all time with seven medals, including six gold and one silver.

Chris bagged three gold medals at the 2008 Summer Olympics, making him Scotland’s most successful Olympian and the first British sportsperson to do so since Henry Taylor in 1908. 

Chris Hoy At An Event For London 2012: Games Of The Olympiad
Chris Hoy At An Event For London 2012: Games Of The Olympiad (Source:imdb.com)

Speaking with the PA news agency, the former track cyclist said the United Kingdom’s track cyclists could be on the right track to dominate at another Olympics Games after their success in last month’s world championships. 

He added, “they’ve got the quality to be very optimistic.” “Britain can be the in the mix in the majority of the events with a good chance of winning all of them.”

This article will dive into Chris Hoy’s net worth, career earnings, personal life, and charity.

Before getting into details, let’s go through the quick facts. 

Chris Hoy | Quick Facts

Full Name Sir Christopher Andrew Hoy
Date of Birth 23 March 1976
Birth Place Edinburgh, Scotland
Nick Name ‘Medals Ahoy,’ ‘Hoy Joy,’ and ‘The Hoy Wonder’ 
Nationality British, Scottish 
Ethnicity White 
Zodiac Sign  Aries 
Age 47 Years Old
Height 6’1″/1.85 m/185 cm
Weight 92 kg/203 lb.
Hair Color Bleached blonde 
Eye Color Light blue
Build Athletic 
Father’s Name David Hoy
Mother’s Name Carol Hoy
Siblings Carrie Hoy
Education George Watson’s College University of St Andrews
University of Edinburgh
Marital Status Married 
Wife  Sarra Kemp
Kids Two: Callum David Robert Hoy & Chloe Hoy
Profession Former track cyclist, Racing driver, and Author
Discipline Track
Active years 1990-2013
Other Roles Author
 Net Worth $50 million
Social Media Instagram, Twitter
Merch  Chris Hoy: The Autobiography, Hand-Signed Olympic Photo, Supercycle six books collection
Last Update March 2024

How Much Has Chris Hoy Garnered? | Earnings And Income

Chris has gathered a whopping net worth of $50 million from his successive track cycle and racing driving career. 

Besides his career earnings, Hoy has garnered a lot from his brand endorsement and sponsorship deals, all thanks to his three gold medals at the 2008 Summer Olympics.

Hoy Was Captured Cycling For Summer Challenge
Hoy Was Captured Cycling For Summer Challenge (Source: road. cc)

Back then, Chris earned £24,000 a year in Lottery grants and was only featured in small-scale sponsorships. 

Some of his endorsement deals include Soreen, Provexis, Protoura, Soreen, HOY Bikes, PureGym, Books, Flims, and other ventures. 

Soreen

Chris has a five-figure deal with the brand to peddle the malt loaf brand Soreen.’ They had signed a four-year sponsorship deal in March 2009. 

According to Hoy, he wanted to promote healthy eating options, and malt loaf bread is perfect for every age group people. 

He said, “Soreen refuels my body for the sport. It is high in fiber, low in fat, and convenient. It’s moist and chewy, and unlike most healthy snacks, it tastes delicious. I am looking forward to being an ambassador for the brand.”

Provexis

Chris Hoy agreed on a secret deal with the nutrition group Provexis. Chris is their sporting ambassador to promote their ‘Science in a Sport’ event.

Speaking at the event, Hoy said that the science’s credibility and innovative approach are why he partnered with Science in Sport.

Hoy Posing With His Cycle
Hoy Posing With His Cycle (Source: skysports.com)

Provexis manager further added, “We’re delighted to announce this new partnership with Chris Hoy. We are proud of his achievement, and it’s to have him as a sporting ambassador.”

Protoura

Chris Hoy is the brand ambassador for the new Protoura Sport. He featured the Davanti’s next-generation ultra-high performance tire, the most powerful road-going sports cars, and supercars. 

He said, “ I’ve always been passionate about driving, and motorsport and Protoura Sport enhance everything I love about driving.”

Other Brands 

In his early days, Chris was the brand ambassador for Kellogg’s Bran Flakes and Gillette. During his tenure at Kellogg, Hoy appeared in the commercials which Food Commission stated as a product with high sugar content.

However, many complained about its poor nutritional value, which eventually laid a dark spot in Hoy’s name.

PureGym

The former track cyclist serves as a brand ambassador and investor of PureGym.

He said, “ I have followed Pure Gym’s expansion over the past few months and loved the way they have transitioned the Gym market, marketing customers of all ages and interests.”

Chris Signs deal With Pure Gym
Chris Signs deal With Pure Gym (Source: healthclubmanagement.co.uk)

Hoy will also act as an advisor to PureGym, which currently has a net worth of $80 million. 

HOY Bikes

Chris Hoy has been cycling since an early age, and thus, to put his childhood dream into action, he created HOY Bikes. Also, his bikes are lightweight and specially designed for children. 

The unique feature of the bike portrays new frame tubing dimensions, lower-weight components, fewer spokes, and special foam padding.

HOY bikes teamed up with Evan Cycles to lunch various bike ranges ranging from $681 to $1671. 

Books And Films

Chris Hoy has written several children’s literature and fantasy fiction books. Some of them include the Flying Fergus series like The Best Birthday Bike, The Photo Finish, and many more.

Likewise, Chris Hoy released another children’s book titled ‘Be Amazing’ in 2020.

He also has a comprehensive guidebook, On Your Bike: All You Need to Know About Cycling For Kids.’ for children about maintaining their cycle and choosing the best one. 

Hoy also appeared alongside Jeremy Clarkson in the hit Amazon Prime motoring series.

Other Ventures 

Chris Hoy reportedly has a private firm under his name. As per the sources, he holds 76 percent of the shares under his name, while the remaining 24 percent are under his wife’s name. 

In addition, the firm goes by the name Accounts for Track stars Limited and depicts a profit of $791,400.

Hoy also was an ambassador to the Royal Air Force Air Cadets.

Also Like: Alexis DeJoria: Father, Tattoos, Racing, Net Worth & Sponsor>>

Chris Hoy | Lifestyle 

 Chris lives a lavish lifestyle; all credit goes to his track cycling and driving career.   Alongside, he eats balanced diet food and lives a healthy lifestyle. 

Hoy’s robust muscular body further helped him in driving and racing events. 

Workout Routine

According to Hoy, he never misses out on his exercise time. Even when he has a busy schedule, he puts aside time to work out to end his day. 

SIR Chris Flaunting His Six Pack
Sir Chris Flaunting His Six Pack (Source: menshealth.com)

Whenever he gets the chance, he is out with his bikes or in a gym or a turbo session.

He indulges himself in overhead squats, squats, deadlifts, Romanian deadlifts, lunges, and calf raises.

Diet Plan

With his workout schedule, Chris Hoy also maintains his diet plan. He munches 6,000 calories a day.

Initially, he indulges in a bowl of cereal with semi-skimmed milk, chopped banana, and honey for his breakfast. At the same time, he also has a fruit smoothie, orange juice, a protein shake, and a coffee.

Moving in for his dinner, he eats chicken, vegetables, and a pasta bake. Overall, he is more devoted to proteins and has protein shakes. 

House 

Before living near Manchester, Chris Hoy resided in Knutsford, Cheshire. He bought the pad for £765,000, and later, he sold it for £900,000.

Hoy's Luxury Home In Uk
Hoy’s Luxury Home (source: mirror.co.uk)

This house consisted of five bedrooms, a reception hall, an open-plan drawing room, a dining room, and a sunroom.

Furthermore, it was decorated with heavy wooden planks and had a study room, garage, and four bathrooms.

Cars

As Chris Hoy is deeply involved with motorsports, he also shares a huge passion for cars and has made a nice collection. 

His car collection includes an Audi RS6, a Porsche, a GT3 RS, and a Caterham 420R.

Moreover, his foremost car in his life was an old Citroen – a diesel with 150,000 miles, while his first purchase was a BMW 318i.

Hoy Posing With His Favourite Car
Hoy Posing With His Favourite Car (Source: driving.co.uk)

Among his collection, he also has a black Nissan GT-R and Caterham Seven 620R.

Chris’s first track car was a Caterham R400, and later, he even used Lotus 2-Eleven and Nissan GT-R Nismo GT3.

Help And Charity

As an incredible player, Hoy is also a massive contributor to society. Not to mention, he is also the ambassador for UNICEF UK.

To date, he has helped foundations like Place2Be and SportsAid to help with education, poverty, and human rights, to name a few.

Not to mention, Hoy also supported the Scottish Social Enterprise Social Bite in 2016 and 2017.

Back then, as a protest, he slept out at their Sleep in the Park events to end homelessness in Scotland.

SAMH

 Chris has been actively involved with SAMH to raise awareness regarding mental health. He first commenced with their main national physical activity and sports program, Get Active, in 2010.

He has launched several national campaigns and even stood as the guest of honor in their fundraising events.

During 2019’s World Mental Health Day, Hoy partnered with sportscotland at Tynecastle High School in Edinburgh. In the same event, he assisted them in raising £50,000.

UNICEF UK

Chris Hoy started working with UNICEF UK as their International Inspiration Ambassador in 2009. Later, they appointed him as the UNICEF UK Ambassador in 2013.

During his tenure, Hoy contributed to the team to assist refugees in meeting their families. He also pressured the UK government to allow refugee children to reunite with their close families already living in the UK.

Similarly, he traveled to Madagascar alongside the team in 2017 to treat malnutrition.

Ambassador Sir Chris Hoy Visits The Community Based Children Centre In Taiza

Ambassador Sir Chris Hoy Visits The Community Based Children Centre In Taize (Source: unicef.org.uk)

He visited numerous hospitals to learn about nutrition and helped in the awareness programs relating to it. 

Then, he also traveled to Malawi to depict how bicycles are a life-saving means of delivering medicine and health care to remote communities. He contributed to raising over $6.1 million for the funds. 

Brief Glance At Chris Hoy

Sir Christopher Andrew Hoy, popularly known as Chris Hoy, was born on 23 March 1976 in Edinburgh, Scotland. As a fun fact, the 1982 film E.T. the Extra-Terrestrial inspired him to start riding bicycles at six.

Hoy raced BMX between 7 and 14, ranking him second in the United Kingdom, fifth in Europe, and ninth in the World. With his fantastic talent, Chris even received sponsorships from Slazenger and Kwik-fit.  

He studied at Georgia Waston’s College and later joined the University of Edinburgh, where he studied Mathematics and Physics until 1996. 

Chris Hoy After Winning Gold At The 2008 Beijing Olympics
Chris Hoy After Winning Gold At The 2008 Beijing Olympics (source: theguardian.com)

The athlete also represented the Scotland Junior Rowing Team and came second in the 1993 National Rowing Championships. 

Throughout his career, Hoy won 11 world championships, six Olympic champions, and two Commonwealth games. He was awarded BBC sports personality of the year in 2008. 

Chris was listed in the 2009 University of Edinburgh’s Sports Hall of Fame as an honor and tribute to his works. His Velodrome was established in 2012 for the Glasgow 2014 Commonwealth Games.

The train operating company SouthEastern also featured a train under his name Class395.

Some of the honors under his name are highlighted below.

  • Member of the Most Excellent Order of the British Empire (MBE in 2005) 
  • Sportsman of the Year, by the Sports Journalists Association in 2008
  • BBC Sports Personality of the Year (2008)
  • Honorary Doctor of Science (2009)
  • Honorary Group Captain RAFAC, Ambassador to the Royal Air Force Cadets (2013)

Also Read Leah Pruett Bio: Early Life, Career, Racing & Net Worth>>

Tokyo 2020 Olympics

Since Sir Chris Hoy is retired, he will not participate in the 2020 Tokyo Olympics. However, his former teammates are going to Tokyo, and he is very excited about that.

Hoy is Britain’s most decorated Olympian and has won six gold medals. His former teammate and good friend Jason Kenny has already matched that record. 

Now, Kenny only requires one gold medal to be the most decorated Olympian in Britain, and Chris cannot contain his excitement about that. Moreover, he is cheering on his friend to surpass his record. 

Likewise, Jason’s wife, Laura Kenny, is also a four-time Olympic gold medalist who is going to Tokyo. Hoy recently said that Laura is an equally great athlete, if not better, and has the potential to win three gold medals and be the first to surpass his record. 

Sir Chris Hoy and wife Sarra
Sir Chris Hoy And His wife Sarra (Source: dailyrecord.co.uk)

Nonetheless, the former cyclist is rooting for both to do exceptionally well in the Olympics and make the country proud. Besides that, he hopes that all the athletes participating in the Olympics make the best out of it. 

Furthermore, he added that, although this might not be ideal for first-time Olympians, it is a great success that the competition is even happening considering the circumstances. 

Hence, he encouraged participants to go there with the same enthusiasm and spirit even though no fans would cheer them on.

Chris Hoy | Social Media Presence

Hoy is available on several social media platforms like Instagram and Twitter. He regularly posts about his day-to-day happenings, career updates, and lifestyle on social media platforms. 

Chris still attends various cycling and racing events and shares the peak clip with his followers. Besides being a family man, Hoy shares his travel journey with his wife. 

Instagram: 54.1k followers

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

 

A post shared by Force for Good Events (@forceforgoodevents)

Twitter: 649. 8k followers

Chris Hoy | Popularity 

Hoy has massive popularity thanks to his fantastic track cycling and racing driving career. 

Hoy Google Trends For 12 Months
Hoy Google Trends For 12 Months (Source: googletrends.com)

The table shows his search chart over 12 months. 

Quotes

  • “Training can be monotonous, and it is hard work, but you never lose sight of why you are doing it. Every single effort of every single session counts in the months and years leading up to a big event.” 
  • “The real upside of being part of a team is that you can share the celebrations when you’re successful in a race.”

Chris Hoy | FAQs

Why is Chris Hoy a Sir?

For his immense contribution at the 2008 Beijing Olympics, which includes three gold medals, Chris Hoy was knighted by the British Royals. 

How fast is Chris Hoy?

One of the most decorated Olympic cyclists, Chris Hoy, blazes through his opponents at 80km/h.

You May Also Like The Following: Austin Dillon: Racing Career, Movies & Injury>>

Rajani Gurung
Rajani Gurung
Hey, I'm Rajani! As a digital content writer, I write for several websites on a wide range of topics. At Playersbio, I cover to write about hot trending celebrities and news. My professional experience makes me write the hard topics in a simplified manner for easiness.

Related articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Share article

Latest News