00:00Lewis Hamilton is not the F1 driver with the highest salary.
00:05Everything you need to know about the Formula One champion and Met Gala co-chair's net worth in 2025, including his massive salary.
00:13Lewis Hamilton is known as one of the winningest Formula One drivers in history.
00:18He's also one of the richest, and his success has given him prime selection when it comes to who he races for.
00:25The seven-time F1 champion recently switched to Ferrari after more than a decade with Mercedes.
00:32You can't stand still for too long, he told Time in a February 2025 exclusive interview.
00:39I needed to throw myself into something uncomfortable again.
00:42Honestly, I thought all my firsts were done.
00:46Your first car, your first crash, your first date, first day of school.
00:50The excitement I got by the idea of, this is my first time in the red suit, the first time in the Ferrari.
00:57Wow, honestly, I've never been so excited.
01:01Hamilton, who is one of the co-chairs of the 2025 Met Gala, and now in his 40s, is in the search for his eighth championship, which would set the record for most F1 titles ever.
01:12The old man is a state of mind, he said.
01:16Of course your body ages, but I'm never going to be an old man.
01:20Here's a look at how Hamilton's career got its legs, his net worth in 2025, and how much his current contract with Ferrari is paying him.
01:28How did Lewis Hamilton get his start?
01:31Hamilton was essentially a child prodigy in racing.
01:34He started racing go-karts at age 8, claiming titles by age 10, and by age 13, he was signed to a driver's deal with McLaren.
01:43In 2006, Hamilton won the championship in what's now referred to as Formula 2.
01:50In 2008, he made history as the youngest ever F1 driver to win the World Drivers' Championship at the tender age of 23.
01:59What is Lewis Hamilton's net worth in 2025?
02:02Formula 1 racing driver Lewis Hamilton has an estimated net worth of $300 million, according to Celebrity Net Worth.
02:11He built his fortune by collecting a total of seven championship titles, which has enabled him to sign massive contracts and endorsement deals over the course of his career.
02:21How much does Lewis Hamilton make with Ferrari?
02:24Hamilton's base salary with Ferrari is $60 million per year.
02:28This places him toward the top of F1 driver salaries, but just below his storied rival, Max Verstappen, who makes $65 million per year with the Red Bull team.
02:40However, as noted by Sporting News, Hamilton definitely earns more than just his base salary.
02:46Although F1 drivers don't receive prize money when they win races, their contracts typically entitle them to performance-based bonuses.
02:55When all is said and done, Hamilton is expected to make about $100 million per year in salary plus bonuses.
03:03How much does Lewis Hamilton make a year?
03:06Right now, Hamilton earns $60 million a year in base salary with Ferrari, but reportedly could earn up to $100 million with bonuses included.
03:17Here's a breakdown of his earnings in years past, according to data from Celebrity Net Worth, Spotrack, and Forbes.
03:252024, Mercedes, $45 million base.
03:312023, Mercedes, $35 million base, $55 million total.
03:372022, Mercedes, $40 million.
03:412021, Mercedes, $62 million.
03:432020, Mercedes, $76 million.
03:462019, Mercedes.
03:47$57 million, 2018, Mercedes.
03:50$42 million, 2017, Mercedes.
03:52$31 million, 2016, Mercedes.
03:55$31 million, $15 million, Mercedes.
03:57$28 million, 2013, Mercedes.
04:00$27.5 million, 2012, McLaren.
04:02$20.5 million, 2011, McLaren.
04:05$13.9 million, 2010, McLaren.
04:08$21.3 million, 2009, McLaren.
04:12$18 million.
04:132008, McLaren.
04:16$5 million.
04:172007, McLaren.
04:20$4 million.
04:20thars. Note, the distinction between base salary and total with bonuses isn't always clear. How
04:28much does Lewis Hamilton make in endorsements? While we don't know exactly what Hamilton earns
04:33from his endorsement deals, it's sure to be in the millions. His high-profile sponsors over the
04:39years have included Lululemon, Sony, Tommy Hilfiger, Puma, and IWC. What cars are in Lewis Hamilton's
04:48collection? Aside from his slick new F1 Ferrari burning rubber on the track, Hamilton has his
04:55own collection of cars worth millions. I don't know anything about wine. I don't know a huge amount
05:01about art. But what I do know is cars, and I'm very particular about them, Hamilton told G-Kin 2020.
05:09His collection includes 1995 McLaren F1, worth an estimated $20 million. Ferrari LaFerrari
05:18Aperta, worth an estimated $4.1 million. Ferrari LaFerrari, worth an estimated $4 million.
05:26Mercedes-AMG 1, worth an estimated $2.7 million. McLaren P1, worth an estimated $1.8 million.
05:331967 Ford Mustang Shelby GT500, worth an estimated $1.4 million. Mercedes-AMG SLS Black, worth an estimated
05:42$270,000. Mercedes-AMG EQS, worth an estimated $114,000. AC 1966 Shelby Cobra 427, worth an estimated
05:53$100,000. Mercedes-AMG EQC, worth an estimated $54,000.
05:59We'll see you next time.
Comments