Which F1 driver is the wealthiest?

Publish date: 2024-05-10

Formula 1 (F1) is one of the wealthiest sports in the world, with drivers earning enormous sums of money for their efforts. Among the top earners are Max Verstappen and Lewis Hamilton. Let's delve into a comprehensive analysis of the wealthiest F1 drivers, their net worth, career achievements, and other relevant details.

Max Verstappen: The Financial Champion

Max Verstappen, the 26-year-old Red Bull Racing driver, completed a dominant season in F1 history, securing a record 19 race victories in 22 races and claiming the drivers' title. According to Forbes, Verstappen's estimated 2023 salary and bonus totaled an impressive $70 million, making him F1's financial champion for the second consecutive season. His estimated net worth stands at a remarkable $90 million. Verstappen's outstanding performance on the racetrack and his substantial earnings solidify his position as one of the wealthiest F1 drivers.

Lewis Hamilton: A Legend in the Sport

Lewis Hamilton, a 38-year-old British superstar, made an estimated $55 million on the track in 2023, securing the second spot in the list of highest-paid F1 drivers. Hamilton's net worth is estimated at $285 million, making him one of the wealthiest F1 drivers in history. With a career marked by numerous victories and seven world championships, Hamilton's legacy in the sport is unparalleled, contributing significantly to his immense wealth.

Fernando Alonso: A Storied Career

Fernando Alonso, in his 40s, is one of the oldest drivers in the F1 circuit with a net worth of USD 270 million. The Spaniard has won the world championship twice and has participated in motorsport with five constructor sides, including Renault, McLaren, and Ferrari. His consolidated annual earnings are around USD 40 million, placing him among the wealthiest F1 drivers in the world.

Kimi Raikkonen: Decorated F1 Driver

Kimi Raikkonen, with a net worth of USD 250 million, is one of the most decorated F1 drivers in history. The Finnish driver, who won the world championship in 2007, has a storied career in F1, racing with five constructor teams before retiring in 2021. Raikkonen's substantial net worth reflects his successful and enduring career in the sport.

Jenson Button: Transitioning to New Horizons

Jenson Button, though retired, remains one of the richest F1 drivers in 2024. Reports indicate that he owns a luxurious mansion in Santa Monica, California, worth USD 5.8 million. After leaving F1, Button shifted to the Super GT series and later joined the NASCAR Cup series, solidifying his status as one of the most decorated British motorsport racers of all time.

Sebastian Vettel: Revered for Achievements

Sebastian Vettel, a four-time world champion, is revered for his riveting rivalry with Lewis Hamilton and his outstanding achievements in F1. With a net worth of USD 140 million, Vettel ranks among the wealthiest F1 drivers in the world. Despite retiring from F1 in 2022, Vettel's impressive career and substantial earnings secure his position among the sport's financial elite.

Sergio Perez: Enduring Talent

Sergio Perez, a talented driver known for his enduring performances, finished second in the race for the driver's world championship in 2023. His earnings from contracts, endorsement deals, and other investments see him rank among the richest F1 drivers in 2024, with a net worth of USD 75 million. Despite often being overshadowed by his teammate Max Verstappen, Perez's enduring talent and financial success in the sport are noteworthy.

Nico Rosberg: Continuing the Legacy

Nico Rosberg, the son of Finnish motorsport legend Keke Rosberg, continues the family legacy in F1. With a net worth of USD 50 million, Rosberg's successful career and substantial earnings solidify his position among the wealthiest F1 drivers in 2024.

The analysis of the wealthiest F1 drivers reveals a diverse group of talented individuals who have achieved remarkable success and amassed substantial wealth throughout their careers. Their net worth, career achievements, and enduring legacies in the sport underscore their status as financial champions in the world of Formula 1.

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