How Much Does Lewis Hamilton Make

how much does lewis hamilton make

The fascination with how much someone makes or earns is always big in formula one. It is understandable. F1 is the most prestigious sport in the world. So, how much does Lewis Hamilton make in F1?

If you are like or watch Formula 1, you could be interested in knowing how much money 7-time world champion Lewis Hamilton makes or earns from racing.

When it comes to formula 1 racing, it does not get better than driving for Mercedes. This is one of the best teams in F1 today.

Therefore, your desire to know how much Lewis Hamilton makes is understandable. I had the same curiosity, which is why I have written this article.

Hamilton joined formula one in 2007 and raced for McLaren, alongside Fernando Alonso. He would have a very successful rookie season, coming second by a single point in the drivers’ championship to the eventual winner Kimi Raikkonen.

At the start of 2013, he joined Mercedes to drive alongside Nico Rosberg. It has proved to have been an inspired decision, the best in his career so far.

It is reported that Mercedes pays their drivers well and competitively, with Hamilton as one the highest paid F1 driver.

That could be the reason many are interested in knowing how much Lewis Hamilton makes. He raced for Mercedes F1 team for 10 years now, helping them win 8 constructors’ championship.

In the process, he has won 7 drivers’ world championships, and controversially losing what would have been his eight title in 2021 to Max Verstappen.

In this article, I intend to share with you details of how much Lewis Hamilton as a formula one driver.

You will also get a glimpse of how he spends the money he makes in F1 as well as his businesses or investments outside the sport.

This is your ultimate guide into how much Lewis Hamilton makes, his other sources of income and his net worth.

How Much Does Lewis Hamilton Make?

Lewis Hamilton earns or makes $10 million as an F1 driver at Mercedes F1 today.

In a nut shell, he earns $10,000,000 per year from racing activities. This is one of his main sources of income today.

Hamilton generates a substantial income from his investing activities outside the sport. This has allowed him to continue making money.

With this levels of income, Hamilton has been able to build a net worth estimated to be at $20 million today.

He is among the highest paid F1 drivers on the grid today, and has been for quite a while.

How Much Lewis Hamilton Makes in F1

As you are learning from this article, F1 drivers make a lot of money from their racing activities.

If you would like to learn how much money F1 drivers make, I have written an in-depth article on how much F1 drivers earn or make from their teams. You can go and read it here.

However, in this particular section, you are going to learn how much Lewis Hamilton makes in F1.

Conclusion

In conclusion, formula one drivers are some of the highest paid professionals. Hamilton is just but one of them.

To have a full picture of how much money Lewis Hamilton is making, you need to understand his streams of income.

He makes money from his salary, bonuses and endorsement or sponsorship deals. Also, he is earning from the various business and investments he has made over time.

In his time at Mercedes, Lewis Hamilton is earning an average of $40 million per year.

He is expected to sign a multi-year contract, meaning he is going to earn more money from F1 over the coming years.

It is estimated that Lewis Hamilton is currently worth about $20 million.

Over time, this is going to increase and will be interesting to watch how he grows his income before he retires from F1 racing.