Top 10 richest F1 drivers on the grid

F1 Grand Prix of Belgium
Lewis Hamilton of Great Britain and Mercedes looks on from the drivers parade prior to the F1 Grand Prix of Belgium

F1 drivers are some of the best-paid athletes in the world, earning huge annual incomes from their teams. The salaries of the drivers can vary from $1 million to $40 million per season.

Their skills on the track and off-track personas also help them in getting sponsorships and advertisements from some of the biggest companies in the world, which further helps in increasing their net worth.

On that note, let's take a look at the 10 richest F1 drivers on the grid right now.


#1 Lewis Hamilton

The most successful driver in the history of Formula One is the richest driver on the current grid as well. Apart from his performances on the track, Lewis Hamilton has different avenues through which he earns big bucks.

According to Planet F1, the seven-time world champion's estimated net worth is around $285 million.


#2 Fernando Alonso

The two-time world champion has been racing in the sport for over two decades now and has won two world championships in his time. So it is no surprise to see that his estimated net worth is around $216 million according to Planet F1.

Alonso has raced for some of the most iconic automotive brands in the world.


#3 Daniel Ricciardo

The cheerful Aussie has made quite a name for himself in the world of motorsport and business due to his skills behind the wheel and affable personality. Owing to his recent big contracts with McLaren F1 and Renault. According to CA Knowledge, Daniel Ricciardo's net worth is close to $100 million.


#4 Max Verstappen

The reigning two-time world champion has quickly become one of the highest-paid drivers in the sport. He has a $40 million-a-year contract with the Red Bull racing team, which ends at the end of the 2028 season.

As per Planet F1, Verstappen is worth around $80 million right now but that will surely grow in the coming years.


#5 Sergio Perez

The Mexican is one of the most marketable drivers on the grid owing to his huge fan base in his home country. That has helped him represent some of the biggest businesses as their ambassador.

Perez is worth around $62 million in total as per Planet F1 after having raced in the sport for over a decade.


#6 Lance Stroll

It is unclear how much the Canadian earns from salary while racing for the Aston Martin team, as his father owns the company. However, it has been reported by multiple sources that Lance Stroll's net worth is around $40 million.


#7 Lando Norris

The young British driver has made quite a name for himself in the sport on the track and also off the track due to his likeable personality. According to FirstSportz, Norris has managed to amass a net worth of $30 million.


#8 Valtteri Bottas

The Finnish F1 driver made quite a decent chunk of his money through his five-year stint with Mercedes from 2017 to 2021. He is currently on a long-term deal with the Alfa Romeo F1 team, pushing his net worth to around $25 million if reports in Planet F1 are believed to be true.


#9 Pierre Gasly

The French driver has raced for three different teams already in his young career. He has made quite a big amount of money in his time in the sport, taking his net worth to $20 million, according to Planet F1.


#10 Kevin Magnussen

The Danish driver is ranked 10th in the list of richest F1 drivers and boasts a net worth close to $20 million as per Planet F1. He is currently racing for Haas F1 team.

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