A fan motor for circulating cooled air including: a stator assembly having a stator core having teeth ends protruded annularly outwardly and coils wound on the teeth ends of the stator core and molded out of resin to have a donut-like shape having a bearing insertion hole formed to be passed vertically through the center thereof; a bearing assembly adapted to be insertedly fixed into the bearing insertion hole of the stator assembly; and a rotor fan assembly having a rotor having a cup-shaped case, a rotor shaft formed in the center of the case in such a manner as to be passed vertically through the center of the case, and magnetic poles formed along the inner periphery of the case, and a fan having a hub coupled to the top end periphery of the rotor shaft of the rotor and blades disposed around the hub.