Some F1 drivers have amassed enough to be among the highest-paid athletes in all of the disciplines by the prestigious business magazine Forbes. Off-track activities such as business investments have helped drivers increase their income and boost their net worth. Many of the people on this list also live in Monaco, which is known for being tax-friendly, to further protect their property.
10- Bottas, Magnussen, Norris: $30 million
Bottas, Magnussen and Norris are reportedly ranked almost identically, at $30 million. Norris is a new entrant in 2024, making his debut on the Sunday Times rich list for his massive salary increase at McLaren.
9- Gasly: $33 million
Estimates of Gasly's net worth vary, but the most common report is that the Alpine rider has a net worth of $33 million. His contract with Alpine expires at the end of 2024, although the 2020 Italian Grand Prix winner has an option to extend until 2025.
8- Sainz: $47 million
According to Spanish newspaper Marca, Ferrari driver Sainz has amassed a net worth of $47 million during his F1 career. The Spaniard has been in F1 since 2015 and this year marks his 10th year in the sport.
6- Stoll: $50 million
Although the son of Aston Martin team boss Laurence Stoll, Lance Stoll has reportedly amassed a fortune of $50 million from his F1 career and sponsorship earnings.
= 6 - Leclerc: $50 million
Leclerc is one of the highest-paid drivers in F1 in recent years, with he reportedly earning $19 million last year and could reach $25 million by 2025 after signing a new contract with Ferrari. He has been rising up the F1 drivers' net worth rankings.
5- Pérez: $75 million
Over the years, Pérez has increased his earnings in F1 with a large number of individual sponsors. According to Forbes, in 2023 alone, he earns a whopping $26 million.
4- Ricardo: $96 million
Ricardo is reportedly firmly in the top five richest drivers in F1, and the Australian has been one of the sport's most marketable drivers since joining F1 in 2011.
With numerous individual sponsors, wine and clothing brands, and a huge salary during his time at Renault and McLaren, his net worth is undoubtedly firmly at the top.
3- Verstappen: 2$100 million
Although reports on Verstappen's net worth vary widely, as of early 2024, 2$100 million is the highest valuation of any report, but what is certain is that his value has skyrocketed in every season since he won his first World Title in 2021. Verstappen's revenue for 2023 is reported to be $70 million.
2- Alonso: 2$600 million
In second place is two-time world champion Alonso, whose high salary has accompanied his 20-year peak career in motorsport, with a reported net worth of $2$600 million
Alonso has also set his sights on the future, founding A14 Management, a driver agency that hopes to one day thrust young talent onto the F1 stage.
1- Hamilton: 2$8.5 billion
Hamilton's net worth is the number one among current F1 drivers, with multiple reports that he has a net worth of around $2$8.5 billion
Off the track, the seven-time world champion has worked on projects such as Mission 44 and the Hamilton Commission, which aim to bring more people into motorsport.
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