Who are the richest F1 drivers of all time? Legendary drivers like Michael Schumacher and Lewis Hamilton top the list. Let us find the top 50 richest F1 drivers along with their salary, net worth, and records.
Michael Schumacher is a legendary Formula One racer who competed for teams like Ford, Ferrari, and Renault. Michael Schumacher has a net worth of $650 million and he is the richest F1 Racer of all time. Schumacher has won 7 Championships and he also created a record by winning it 5 consecutive years. Michael Schumacher is also the only F1 star to earn $1 Billion as a salary from F1 alone and this is a huge record as no one has crossed it yet. Throughout his career, Schumacher earned $20 million from endorsements with Vodafone, Mercedes Benz, and Shell. He was an icon in Formula One and inspired other athletes as well.
Lewis Carl Hamilton is the numero uno in Formula One. He has won 7 titles throughout his career. Lewis Hamilton has a net worth of $300 million and he drives for team Mercedes. His salary in F1 is $45 million and his overall salary will cross the $600 mark soon. Apart from racing, Lewis Hamilton also earns through big brand deals with Tommy Hilfiger, Puma, and Sony. Hamilton is a shareholder in NFL’S Denver Broncos and he also ventured into business.
Fernando Alonso is a Spanish F1 racer and is the king maker of the sport. He has a net worth of $260 million and is one of the richest Formula One drivers. He competed for Aston Martin and won the title twice. His contract with Aston Martin is valued at $36 million per year and this makes him one of the richest active F1 drivers. With new contracts, Alonso’s overall F1 salary reached the $500 million mark. Alonso is in a relationship with Andrea Schlager. His major Endorsements are Liberbank, Kimoa, and TAG Heuer. Fernando Alonso won 4 Karting championship titles during his 9 year stint.
Kimi Raikkonen popularly known as the ‘Ice Man’ is a racer from Finland. Kimi Raikkonen has a net worth of $250 million and he has won the title once. Raikkonen’s overall F1 career salary stands at $320 million. Kimi Raikkonen’s endorsements helped him earn more than $10 million, and his main deals were Singha, Oakley and iLoq. After retirement, Kimi Raikkonen invested in properties and he also launched a Motorsports to help his son.
Max Verstappen is a young F1 star from Belgium. He is a Dutch racer for the team Red Bull Racing. As of 2024, Max Verstappen has a net worth of $210 million. His F1 salary stands at $55 million and this makes him one of the richest F1 drivers in the modern generation. In a short span, Max Verstappen has won the F1 title three times. Verstappen is also the youngest racer to win a Grand Prix. Max Verstappen’s net worth also includes assets, endorsements, and businesses. He has deals with Ziggo and Red Bull. Verstappen sells caps and clothing through his venture.
Niki Lauda was a three-time Formula One winner from Austria. His net worth is $200 million and he was one of the top-paid F1 drivers during his career. Niki Lauda competed for teams like BRM, Ferrari, and McLaren. He invested in Airline after retirement, and also had endorsements with Parmalat and Viessmann. He is known for his comeback win in Formula One for McLaren. He also earned $3m during this stint.
Nelson Piquet is a three-time Formula One winner from Brazil. His overall net worth is $200 million and he has earned more than $100 million from endorsements. Throughout his career, Nelson competed for top teams like Benetton, McLaren, Williams, and Ensign. Nelson Piquet is an entrepreneur in Brazil. He owns many properties and also launched a satellite navigation company.
Ayrton Senna is a former Brazilian racer who won the F1 title three times. He has an estimated net worth of $200 million and earned a $1m salary in F1. Ayrton Senna lost his life in a crash at the age of 34. Ayrton Senna competed for Williams, Toleman, Lotus, and McLaren. He also won 41 races in Formula One. There is no information about Ayrton Senna’s endorsement, but he has earned $100m from F1 racing.
Jenson Button is a former F1 racer from Britain. His net worth stands at $150 million and he is one of the richest F1 drivers from the United Kingdom. Jenson Button has earned more than $50m as a salary in F1 and he is now driving for the team Hertz Team Jota at the FIA World Endurance Championship 2024. His endorsements are Mobil 1 and Coachbuilt Whisky. He was also the brand ambassador for Armor All and Williams Racing. Jenson Button also invested in multiple businesses like clothing, real estate, and restaurants. He is the founder of Blue Coast Brewing Company and Extreme E team JBXE.
Sebastian Vettel is a German Formula One racer who won the title 4 times. His estimated net worth is $140 million. Throughout F1, Vettel has accumulated more than $370 million. Sebastian Vettel also earned around $50 million through endorsements with brands like Casio, Shell, and Pepe Jeans. He competed for teams like BMW Sauber, Toro Rosso, Red Bull, and Aston Martin. Sebastian Vettel is an entrepreneur and he built a Bee Hotel. He is also an investor in BACX.
Eddie Irvine was a former Formula One racer from Britain. He has a net worth of $140 million and most of this comes through his racing career. After retirement, Eddie Irvine invested in properties and sold them for profit. He invested in Bar, Restaurant, and Logistics Firm. Through business, Eddie Irvine has accumulated more than $100 million. He also earned more than $50m from F1. Eddie Irvine was in Formula One for 10 years, but he didn’t win the title.
Mario Andretti is a legendary Formula One racer from the USA. He has an estimated net worth of $130 million. In 1978, Mario won F1 for the team Lotus. Mario Andretti hailed from a family that struggled for food and he became a millionaire after entering racing. During his F1 days, he accumulated more than $20m as a salary. He also entered into business ventures like Restaurant, Wine, Fuel, Real Estate, and Motorsports.
Ralf Schumacher is a former F1 racer from Germany. As of 2024, Ralf Schumacher’s net worth is valued at $100 million and he is one of the richest F1 Drivers. Ralf Schumacher is an entrance, and his main businesses include Hotels, Wines, and Clothing. There is no information about his endorsement deals. Ralf Schumacher competed for teams like Peugeot, Toyota, BMW, and Honda. He is the brother of a popular F1 racer, Michael Schumacher.
Nikita Mazepin is a Russian racer. He competed in Formula One and Formula Three. As of 2024, Nikita Mazepin has a net worth of $100 million and he is one of the richest F1 drivers. He drove for teams like Haas, Hitech Grand Prix, and ART. There is no information about Nikita Mazepin’e salary and endorsements. He has invested in multiple businesses and was sponsored by Uralkali.
Alain Prost is an F1 Legend who won the championship 4 times. Prost has an estimated net worth of $100 million and he was the richest F1 driver before his retirement. Alain Prost competed for teams like Ferrari, McLaren, Renault, and Williams. Before retirement, Alain Prost earned more than $20 million from F1 alone. He was an entrepreneur, and launched ventures like Clothing. Prost founded the Prost Grand Prix and he earned through sponsorship deals from Richard Mille. Alain Prost was the mentor for team Alpine and he became the non-executive director of Renault Sport.
Jody Scheckter has an estimated net worth of $100 million. As of 2024, he is the only South African who won the Formula One title. Jody Scheckter also has 10 wins in F1 and he earned over $10 million from racing. Jody Scheckter drove for teams like Tyrrell, McLaren, Wolf, and Ferrari. After retirement, Jody Scheckter was a businessman. He launched the FATS company to raise funds. Jody also bought a property in Hampshire and entered farming. Jody Scheckter married Pamela and Clare. He has 6 children, and his brother, Ian Scheckter, is also a racer.
Rubens Barichello is one of the richest F1 drivers with a net worth of $100 million. Barichello competed in F1 for 18 years for teams like Brawn, Jordan, Williams, Honda, Stewart, and Ferrari. After retirement, he was an analyst for TV Globo. He was also the co-host for Acelerados, a YouTube channel. Rubens Barichello has won 11 Grandprix wins. He is the non-executive director at an iGaming software company called Softswiss. He runs businesses in Brazil and has bought many properties.
Nigel Mansell is a retired British Formula One driver. Nigel Mansell has an estimated net worth of $90 million. Mansell has earned more than $20m as a salary from racing. He is one of the highest paid F1 players. Nigel Mansell also holds the record of winning both Formula One and CART Indy Car World Series. Nigel Mansell competed for Ferrari, Williams, Lotus and McLaren. After retirement, Mansell invested in real estate and bought property. He also launched the Mansell Collection business. Mansell’s sons Greg and Leo were racers.
David Coulthard has an estimated net worth of $90 million. He is one of the successful F1 racers from Britain. Throughout his career, Coulthard secured 13 Grandprix victories. After retirement from F1, David Coulthard ventured into business and he also turned commentator. He owns Whisper Films, a TV production that focuses on NFL and other sports. David Coulthard loves writing, and he was an author for BBC and Telegraph.
Martin Brundle is a British formula one racer. He has an estimated net worth of $65 million. Brundle competed for teams like Tyrrell, Zakspeed, Jordan, and Benetton. Brundle has earned over $30 million from Racing. After retirement, Brundle joined Sky Sports as an F1 analyst. Martin Brundle was also the commentator on ITV Sport and BBC. Martin Brundle and his brother Robin ventured into the car dealership business, but they closed it after some years.
Heikki Kovalainen was a former Finnish F1 racer. Heikki Kovalainen has a net worth of $55 million. His F1 salary has crossed the $50m mark. Heikki Kovalainen married Catherine Hyde and the couple live in Coppet. Heikki Kovalainen is now competing in the Japan Super Rally Series. He has won the F1 Grand Prix once. Apart from racing, Heikki Kovalainen is a hardcore golf fan and he plays golf with his friends.
Mika Hakkinen is a former Finnish F1 racer who is also the first player from Finland to win back-to-back F1 titles for McLaren. Mika Hakkinen has a net worth of $50 million. Mika Hakkinen earned more than $5 million through endorsements with Marlboro and Artisans de Genève. He invested in business and also entered driving management. After retirement, Mika Hakkinen opened a Technology startup, INZDR app. Hakkinen was the brand ambassador for many companies including Unibet. He is married to Markéta Remešová and the couple have 3 children. Since his F1 days, Mika Hakkinen has been one of the richest F1 racers.
Charles Leclerc is an active Monégasque F1 driver and has a net worth of $50 million. Charles Leclerc is one of the richest F1 drivers of this generation who earns a salary of $34 million in F1. Leclerc also earned $100m from Formula. Charles Leclerc’s main endorsements are Ray-Ban and Richard Mille. There is no information about his relationship.
Daniel Ricciardo is an Australian Formula One racer. Ricciardo’s estimated net worth is $50 million. It is not easy to earn $100 million from Formula One racing, but Daniel Ricciardo has achieved it. He competed for many teams including HRT, Renault, McLaren, Toro Rosso, and RB. Daniel Ricciardo’s name was in Forbes richest athletes in 2020. Daniel Ricciardo’s major endorsements are Puma, Go Pro, and Blue Coast. Daniel Ricciardo is in a relationship with Gerhard Berger’s daughter, Heidi for a long time.
Nico Rosberg is a Finnish F1 racer who was born in Germany. Nico Rosberg has a net worth of $50 million. During his peak days, Nico Rosberg earned $15m as F1 salary and he also won the title in 2016. Nico Rosberg has accumulated $70m through F1. Nico Rosberg has invested in Greentech Festival and Extreme E Motorsport. His major endorsements were Thomas Sabo, Mattel, UBS & Boss, and Tumi. Nico Rosberg has been married to an Interior Designer, Vivian Sibold since 2014. He has two daughters, Alaia and Naila.
Lance Stroll is a Formula One racer from Canada and his net worth stands at $50 million. Lance Stroll competes for Aston Martin under the Canadian and Belgian flag. Lance Stroll has also taken part in the 24 Hours of Daytona twice. His major endorsements are JCB and Canada Life. Lance Stroll ventured into clothing and real estate business. His average F1 salary stands at $3m and his overall earnings will be more than $20 million.
Zak Brown was a former Formula Three racer from the USA. He was also a test driver in F1. Zak Brown has an estimated net worth of $50 million. His net worth includes earnings from businesses like Real Estate, Restaurant, Clothing, and Musical Band. Zak Brown loves cars and his collections include more than 10 cars. Zak Brown has invested more than $15 million for cars. He is the CEO of McLaren Racing. Zak Brown’s brand deals are United Autosports and Just Marketing International. As of 2024, Zak Brown resides in England and he is involved in businesses.
Sergio Perez is a Mexican F1 racer and his net worth is valued at $50 million. Sergio Perez has competed for teams like Honda RBPT and Red Bull Racing. His average F1 salary is $14 million, but he has earned more than $100 million in F1 and is one of the richest F1 drivers. Sergio Perez owns properties and is an active businessman. Telmex, Kitkat, Disney, Nescafe, and Telcel are his primary endorsements. Sergio Perez dated Carola Martinez for many years and they married in 2018. The couple has 4 children.
Gerhard Berger is a retired Formula One racer from Austria. Gerhard Berger has an estimated net worth of $50 million and he has accumulated more than $15 Million from Formula One as a salary. During his career, Gerhard Berger competed for ATS, Arrows, Benetton, McLaren, and Ferrari, and he was one of the highest paid F1 drivers at that time. Arrows BMW and Red Bull were his brand deals. After retirement, Gerhard Berger launched a logistics company under his name. He was also the Competition Director at BMW for 3 years and chairman of ITR.
Jackie Stewart is an icon in Formula One. He has a net worth of $50 million and earned over $20m as a salary. Jackie Stewart was the first British Driver to win 3 Formula One Championship titles. His record was broken by the modern-day legend, Lewis Hamilton. Jackie Stewart signed cracking brand deals with Rolex, Ford Motor, and Heineken Beer. There is no update regarding his endorsement earnings. After retirement, Jackie Stewart turned as an F1 analyst and he also invested in business. In F1, he competed for teams like Tyrrell, Matra, March, and BRM, and secured 27 wins.
Carlos Sainz Jr. is an active Formula One racer from Spain. His net worth stands at $50 million and he drives for team Ferrari. Carlos Sainz has won the Formula Renault 3.5 Series and Formula Renault 2.0 NEC. Shiseido Men, Estrella Galicia, and PlayStation are his main sponsorships. His new F1 contract with Ferrari is valued at $12 million.
James Hunt is a former Formula One racer from Britain. His net worth before his death was valued at $40m. James Hunt died of a heart attack in Wimbledon in 1993. After retirement, James Hunt was a commentator for BBC and other networks. In his 7-year F1 career, Hunt secured 10 wins and one championship title. He drove for teams like Hesketh, McLaren, and Wolf. He married Helen Dysen and the couple had 2 children. James Hunt’s endorsement details were not revealed and he earned over $5m through brand deals. James Hunt also invested in properties and other businesses after retirement.
Lando Norris is a British and Belgian Formula One racer. Lando Norris has an estimated net worth of $35 million and he drives for team McLaren. In a short time, Lando Norris has become one of the richest F1 drivers. His estimated salary in F1 is $34 million. His assets include salary and endorsement deals. He earns through brand deals with McLaren, Add Management, and Bell Helmets. Lando Norris also supports those who are under poverty through his charity and foundation.
Valterri Bottas has an estimated net worth of $30 million. Bottas has signed a new contract with Sauber and he will receive a salary of $10 million in Formula One. Valterri Bottas has not won the F1 championship title, but he has secured 3rd place twice. Valterri Bottas’ primary endorsements are Polar, Insijets, and Abloy. He is the founder of IHANA, an Australian Wine brand. Bottas also founded the Kahiwa Coffee Roasters in Finland. Valterri Bottas purchased a lake house in Finland and he is in a relationship with Australian Cyclist, Tiffany Cromwell.
Damon Hill is a former British Formula One driver who won the title in 1996. Damon Hill’s net worth is valued at $30 million. He drove for teams like Brabham, Williams, Arrows, and Jordan. Throughout his career, Damon Hill has secured 22 F1 wins and one championship title. Lucien Rochat, MBNA, and Cellnet were his main endorsements. After retirement, Damon Hill turned as a commentator for Sky Sports.
Kevin Magnussen is a Formula One racer from Denmark. As of 2024, his net worth stands at $25 million. Kevin Magnussen drives for the team Haas in F1. His average F1 salary stands at $5 million and this will increase with a good performance. Kevin Magnussen also earns through endorsements with Jack & Jones, and OmniCar. Kevin Magnussen married his girlfriend Louise Gjørup in 2019 and they have two daughters. He was a member of the McLaren Young Driver Programme before entering F1 for the same team in 2014. His father Jan Magnussen was also an F1 racer.
Romain Grosjean was a French and Swiss F1 driver for teams like Renault, Haas, and Lotus. His estimated net worth is $16 million and his average racing salary is $2m per year. Richard Mille, Christian Roth , Bell Sports, and Field Pass were his major endorsement deals. He married the French Journalist Marion Jollès in 2012.
George Russell is an active Formula One racer from Britain. His net worth is $16 million, and this includes his assets and salary. Russell competes for Team Ferrari and his contract is valued at $18 million. Acronis and Alpinestars are his main endorsements. He also founded the Frank Russell Company, an investment advisory firm. He has been in a private relationship with Carmen Montero Mundt for a long time and the couple will get married soon.
Robert Kubica’s net worth is valued at $15 million. Kubica is the first Polish racer to win an F1 race and he also won the FIA Title in 2023. As of 2024, Robert Kubica is a part of the AF Corse team. His average racing salary is $1 million. Robert Kubica’s only brand deal was PKN Orleans. He has been in a relationship with Joanna Modes, a Polish actress. Robert Kubica has won many awards during his racing tenure, and he drove for teams like BMW Sauber, Renault, Alfa Romeo Racing, and Williams.
Karun Chandhok is an Indian Formula One racer and he has a net worth of $13 million. Karun Chandhok was active in Formula One for 2 years, but he didn’t win a race. He also entered Formula E racing. Karun Chandhok is an F1 analyst and commentator for Sky Sports. He earns a huge salary as a commentator. His endorsements with JK Tyre & Industries limited helped him increase his net worth. Karun Chandhok also invested in real estate and bought properties. He is also the founder of Wallace Real Estate Ltd. He married Akshara Kothari, who works at the PwC.
Mark Webber is an Australian Formula One racer. He has an estimated net worth of $10 million. Webber competed for F1 teams like Minardi, Jaguar, Williams, and Red Bull. During his career, Mark Webber was sponsored by Rolex, Porsche, and Hugo Boss. He accumulated more than $5m through these deals. Mark Webber was also the brand ambassador of Red Bull. Mark Webber earned $60m from racing. Mark Webber ventured into business with the JAM Sports Management and Noah Media Group. He earns more than $500k every year through these ventures. Webber competed for the team Porsche in the FIA World Endurance Championship and secured 8 wins.
Nico Hulkenberg is a German F1 racer and his net worth is valued at $10 million. Nico Hulkenberg drives for the team Haas. He also competed for team Ferrari. In his 14-year career, Hulkenberg has not won an F1 race, but he is confident of winning the title before his retirement. Nico Hulkenberg earns more than $1m in F1 and his overall earnings reached the $50m milestone mark. Alpinestars and Dekra were his main endorsements. Nico Hulkenberg is married to Egle Ruskyte and the couple have a daughter.
Jules Bianchi is a former F1 racer from France. Bianchi’s net worth before his death was $10 million. Jules Bianchi competed for the team Marussia and his car number 17 was retired in honour. Bianchi’s estimated salary during F1 was $1 million. Bianchi was in a relationship with Camille Marchetti, but they didn’t get married.
Pietro Fittipaldi is a former Formula One driver for Haas. His overall net worth stands at $5 million. He also competed in the IndyCar Series. Eurofarma, and Pneustore are his main endorsements. Pietro Fittipaldi is an investor in real estate and Hantec Markets. There is no update regarding his F1 salary. Pietro Fittipaldi is in a relationship with a popular artist and the details remain private.
Timo Glock is a former F1 driver from Germany. Glock has an estimated net worth of $5 million and this includes his assets as well. Timo Glock was active in F1 racing for 6 years, but he couldn’t win the title. Timo Glock entered DTM and has secured 5 wins. He is driving for the team ROWE Racing. Glock is married to Isabell Reis and they have a son. There is no update regarding his endorsements, but Glock is an active BMW Driver.
Mick Schumacher is a F1 racer from Germany. Mich Schumacher has a net worth of $5 million. He is the son of the legendary F1 racer, Michael Schumacher. Mick Schumacher has won Formula 2 and Formula 3 titles. In F1, he has competed for teams like Haas and Mercedes. Richard Mille, Deutsche Vermögensberatung, Ravenol, and Under Armour are his main endorsements. Mick Schumacher’s average F1 salary is $1 million and this will increase if he manages a great season.
Alex Palou is a Spanish racer. His estimated net worth is $3 million. Alex Palou was a reserve driver at the 2023 Formula One World Championship for team McLaren. Alex Palou won the IndyCar Series for team Chip Ganassi Racing in 2021, 2022, and 2024. There is no update regarding Alex Palou’s salary, but he has a brand deal with DHL Express. Alex Palou is married to Esther, and they have a daughter, Lucia.
Alex Albon is a Thai and British Formula One racer. Alex Albon has a net worth of $3 million. Alex Albon’s average F1 salary for team Williams is $3 million and this makes him one of the richest F1 drivers of this generation. Alex Albon’s endorsements with MDM and Moose Cider increase his net worth every year. He is in a relationship with Chinese professional golfer, Lili Muni.
Liam Lawson is an F1 racer from New Zealand. His net worth is valued at $1.5 million. He is a reserve driver for teams like Red Bull Racing and RB. Liam Lawson competed for the team Mugen in the 2023 Super Formula Championship. In Formula One, he drove for Scuderia AlphaTauri. There is no update regarding his salary, but sources indicate Liam Lawson earns more than $200k through F1. Liam Lawson endorses products of big brands and the deals remain private. Liam Lawson is in a relationship with Charlotte Miller.
Abbi Pulling is an F1 racer from the British. Her estimated net worth is $500,000. Abbi Pulling drives for the team Rodin Motorsport in F1 Academy and British F4. She has secured 7 wins in the F1 academy. Abbi Pulling endorsements are not revealed. Abbi Pulling’s average salary is $100k.