F1 Driver Net Worth 2025: The 10 Richest Drivers on the Grid
F1 drivers are among the highest-paid athletes in the world, with their earnings coming from high salaries, lucrative sponsorship deals, and personal business ventures. Many choose to reside in tax-friendly Monaco, maximizing their wealth while enjoying privacy and security.
Here’s a look at the reported net worth of the top 10 richest Formula 1 drivers in 2025.
Top 10 F1 Driver Net Worth in 2025
10. George Russell – Net Worth: $16M
George Russell became the senior driver at Mercedes after Lewis Hamilton’s move to Ferrari for the 2025 season. With high-profile departures of Daniel Ricciardo, Sergio Perez, Valtteri Bottas, and Kevin Magnussen, Russell has climbed into the top 10. His career earnings continue to rise, solidifying his financial status.
9. Esteban Ocon – Net Worth: $21M
Ocon, who made his F1 debut with Manor nearly a decade ago, has amassed a reported net worth of $21 million. After parting ways with Alpine at the end of 2024, he joined Haas, marking his third team switch. His wealth is supplemented by personal sponsorships and endorsements.
8. Lando Norris – Net Worth: $30M
Lando Norris’ rising McLaren salary in 2024, coupled with his first race wins and a Constructors’ Championship, significantly boosted his net worth. He owns the gaming and lifestyle brand Quadrant, runs LN Racing Kart, and has numerous sponsorship deals, further increasing his wealth.
7. Pierre Gasly – Net Worth: $33M
After stints at Toro Rosso and Red Bull, Pierre Gasly now races for Alpine and recently signed a multi-year contract extension. Forbes reports that he earned $12 million with Alpine in 2024, contributing to his estimated $33 million net worth.
=4. Carlos Sainz – Net Worth: $50M
Now driving for Williams, Carlos Sainz has built a fortune of around $50 million. With a career spanning over a decade since his 2015 debut, Sainz was one of the highest-earning drivers in 2024. His current Williams contract details remain undisclosed.
=4. Lance Stroll – Net Worth: $50M
The son of Aston Martin team owner Lawrence Stroll, Lance Stroll has accrued an estimated $50 million through his F1 salary and sponsorships. While his family wealth is substantial, his personal earnings stand strong in the F1 world.
=4. Charles Leclerc – Net Worth: $50M
A consistent high-earner in Formula 1, Leclerc reportedly made $27 million in 2024 alone. His Monaco residency, sponsorship deals, and increasing involvement in personal projects make him a financial force on the grid.
3. Max Verstappen – Net Worth: $217M
Max Verstappen has been F1’s highest-paid driver in both 2023 and 2024, earning $75 million including bonuses last season. His wealth places him among the 500 richest people in the Netherlands. Off-track, Verstappen is expanding into motorsports management with Verstappen.com Racing and Team Redline.
2. Fernando Alonso – Net Worth: $240M
Two-time World Champion Fernando Alonso’s career longevity has secured him an estimated net worth of $240 million. Beyond F1, he funds the Fernando Alonso Sports Complex in Spain and manages young racing talent through A14 Management.
1. Lewis Hamilton – Net Worth: $434M
Topping the list, Lewis Hamilton boasts a reported net worth of $434 million, according to the Sunday Times Rich List. His ventures include Mission 44 and the Hamilton Commission, aimed at increasing diversity in motorsport. Additionally, he launched a non-alcoholic agave spirit in 2024, diversifying his investments.
Conclusion
These F1 drivers have built immense wealth not just from racing but through strategic investments, sponsorships, and business ventures. As their careers progress, their net worths are likely to grow, further solidifying their financial legacies in motorsport.
