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Lewis Hamilton Salary

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Last Updated: 24 October 2020

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Salaries for all 20 Formula One stars have been reveal, with LEWIS HAMILTON the top earner at a truly staggering £42million year. Mercedes Star HAMILTON - who tops the Sunday Times Rich List - earns well over TWICE as much as every other F1 driver except Sebastian Vettel. Germany, who picked Michael Schumacher over HAMILTON in the GOAT debate, take in £37m PER year - with the lowest earners pocketing just £175 000. It's massive jump down to third place though, with Daniel Ricciardo way back on £16m. Red Bull driver Max Verstappen, still just 23, is the only other star to break the £10m PER season barrier, on £14m. And just seven other racers, including Carlos Sainz and Kimi Raikkonen, earn over £1m year - with Vettel's current Ferrari pal Charles LeClerc earning £8m. The remaining nine racers all pocket between £175 000 and £900 000 PER season. Williams pair George Russell and Nicholas Latifi - along with Alfa Romeo racer Antonio Giovinazzi - are joint - lowest earners. Mclaren youngster Lando Norris is not much higher either, at £200 000 PER season. Hamilton, 35, recently equaled Schumacher's record of 91 F1 wins with his victory in Eifel GP. But he hit out at legends of sport who have bees in their bonnet over who can be called sport's best ever. British legend Sir Jackie Stewart said it was hard to justify calling HAMILTON the greatest. But the Stevenage - born superstar say: I don't think you should knock anybody for the way you do things. I get knocked by many people, particularly older drivers. They still have bees in their bonnet, I don't know why, Maybe they 'll get over it one day. I have so much respect for past legends, even though they continue to talk negatively about me all the time. But I still hold them in high regard as I know it was so difficult at different times in history,. It was incredibly tough for them, they remain legends.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Lewis Hamilton

Table

Age35
Marital StatusSingle
ResidenceMonte Carlo, Monaco
NationalityBritish
TeamMercedes AMG Petronas
EndorsementsMercedes-Benz, Tommy Hilfiger, Monster Energy, Puma, IWC, Sony, BOSE, Bell Helmets, MV Agusta Motorcycles, Gran Turismo Sport
Championships6
Annual Salary$54 million
Net Worth$285 million
Endorsements$12 million
Birthday7th January
Height1.74m
Career points3431
CarsMcLaren P1, 1966 Shelby Cobra 427, Ferrari LaFerrari, Vision Mercedes Maybach 6, Pagani Zonda 760, Mercedes AMG GTR, Ferrari 599 Aperta, Mercedes Maybach S600, Mercedes AMG G63, Mercedes SLS AMG, Ford Shelby Mustang GT500, Mercedes AMG Project One
EthnicityBlack

Lewis Hamilton's Net Worth is estimated to be $285 million in 2020. His $285 million fortune ranks him as one of the richest Formula 1 drivers in history. The source of his wealth is primarily from his glamorous racing career. Since he began racing in Formula 1 in 2007, Hamilton has been receiving hefty paychecks. But in 2018, when he pen two - year deal, which will see him earn £40 million each year, his Net Worth take giant leap. With his contract set to expire in 2020, Hamilton is in a perfect position to negotiate another deal, which will undoubtedly be higher than his current deal and will rank as the highest in Formula 1. Aside from his massive salary, Lewis Hamilton has leverage on his marketability to establish a stable stream of revenue from endorsement deals. He earns a fortune annually from endorsement deals, which have helped his earnings increase in recent years.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Estimated salaries list for 2020

Estimated salaries list for 2020

TeamDriverSalary (US)
MercedesLewis Hamilton$40m
FerrariSebastian Vettel$30m
Red BullMax Verstappen$25m
RenaultDaniel Ricciardo$20m
FerrariCharles Leclerc$10m
MercedesValtteri Bottas$8m
McLarenCarlos Sainz$8m
Racing PointSergio Perez$8m
HaasRomain Grosjean$7m
RenaultEsteban Ocon$5m
Alfa RomeoKimi Raikkonen$5m
HaasKevin Magnussen$5m
Racing PointLance Stroll$3m
Red BullAlexander Albon$2.5m
McLarenLando Norris$2m
AlphaTauriDaniil Kvyat$2m
AlphaTauriPierre Gasly$2m
Alfa RomeoAntonio Giovanazzi$1m
WilliamsNicolas Latifi$1m
WilliamsGeorge Russell$1m

Widely considered one of the greatest drivers of all time, British racer Lewis Hamilton is a six - time Formula One World Champion. He used to race for McLaren until switching over to Mercedes in 2013. Well play, Mercedes! The first and only black racecar driver in the history of F1, Hamilton currently holds the following records: most career points of all time, most pole positions of all time, most grand slams in a single season, and most points in a single season. Hes also runner - up in a range of other categories, including World Championship titles, race victories, and podium finishes. As any F1 fan can tell you, Hamilton is on top of the world right now in every conceivable way. When he finishes in 1 place for the 2019 season, it comes on the heels of two consecutive World Championship titles. Put simply, man is on a roll. Should he win again in 2020, hell would tie the all - time record for most World Championship titles. Give all of Hamilton's accomplishments, his appearance at the top of the F1 driver's salary list come as a surprise to essentially no one. He signed a new two - year deal in 2018, which is set to expire at the end of this year. Country of origin: UK Racing team: Mercedes - AMG Petronas Motorsport Number of World Championships: 6

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

1. F1 CONTRACTS

Hamilton already boasts the biggest contract in F1 history with his sky - high salary of £36million year with Mercedes. And the British star is expected to further increase his bank balance by next year, as he negotiates a new deal to remain with the all - conquering F1 team. He is understood to be holding out for £40m year to extend his stay with Silver Arrows. It's far cry from his early days in F1, with Hamilton's previous contract before joining Mercedes seeing him earn £10m - ayear with McLaren. And even when he first links up with his current team in 2013, Hamilton is understood to have penned a three - year deal with a basic salary of £20.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

2. SPONSORSHIPS

Hamilton and his Mercedes team have a mouthwatering list of sponsors backing the Briton. Indeed, it is understood that Mercedes boasts income of around £132m - ayear thanks to at least 12 companies linking up with them. While all of that money won't be going directly to Hamilton, it's fair to assume that the six - time world champion's on - track exploits, and the doors he open, are key to bringing big names on board. And he 'll no doubt be duly rewarded with his own share of big - money deals. Malaysian state oil and gas company Petronas is Mercedes title sponsor - the team's biggest sponsor - providing around £50m per year. Petrochemicals company Ineos came on board this season, signing a five - year deal thought to be worth around £100m. Sportswear manufacturer Puma pays roughly £2m year, with Hamilton taking part in launch events and donning their gear. Meanwhile, audio giant Bose provides around £2. 5m, while drinks - maker Monster Energy - long - term backer of Hamilton - has £1. 5m - ayear agreement with Mercedes. Ubs, Epson and IWC Schaffhausen are also understood to have seven - figure agreeements.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Net Worth: $30m Status: Retired

Valtteri Bottas $12m. Max Verstappen $10m. Stoffel Vandoorne $7m. Daniel Ricciardo $6m. Nico Hulkenberg $5. 5m. 10. Sergio Perez $5m. Top ten richest Formula One drivers of all time Michael Schumacher. Net Worth: $780m. Status: retire. Lewis Hamilton. Net Worth: $280m. Status: Active. Fernando Alonso. Net Worth: $220m. Status: Active. Kimi Raikkonen. Net Worth: $200m. Status: Active. Alain Prost. Net Worth: $185m. Eddie Irvine. Net Worth: $180m. Jenson Button. Net Worth: $105m. David Coulthard. Net Worth: $70m. Lewis Hamilton has become the highest - paid driver in the history of Formula One, according to research which reveals that his career earnings have accelerated to an estimated $489 Million. The 34 year - old Mercedes Driver is the reigning champion and has won five titles since he joined F1 in 2007. Track marshals and other race attendees who have died as a result of these accidents are not included in the list. Fifty - two drivers have died from incidents that occurred at the FIA World Championship event or while driving Formula One car at another event, with Cameron Earl being the first in 1952. The average Formula 1 race can last for up to two hours, with drivers consuming large amounts of fluid during the race. This begs the question: Where do they pee during race? Stopping for a bathroom break is not an option, and carefully manoeuvring urine into a bottle might not end well. The former Formula One driver has a net worth estimated at $800 Million, according to Celebrity Networth. He reportedly made $1 billion during his career, Forbes reports. Schumacher was one of the highest paid athletes of all time and even when he was not racing, he earned $50 million per year from endorsements. Michael Schumacher. Net Worth: $800 Million. Eddie Jordan. Net Worth: $475 Million. Don Schumacher. Net Worth: $300 Million. Lewis Hamilton. Net Worth: $285 Million. Fernando Alonso. Net Worth: $240 Million. Jeff Gordon. Net Worth: $200 Million. Kimi Raikkonen. Net Worth: $150 Million. Jenson Button. Net Worth: $150 Million. Indeed, as ABS anti - skid systems have been banned from Formula 1 racing, most modern road cars can lay claim to having considerably cleverer retardation. Braking, therefore, remains one of the sternest tests of Formula 1 drivers ' skill, and an area in which they can make or lose significant amount of time.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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