F1 driver net worth

Australia, April

Formula 1 is the fastest racing series on the planet where we see the quickest drivers on Earth. Driving an F1 car is dangerous, but also requires a special set of skills that many racing drivers lack. As a result, Formula 1 drivers' salaries are higher than any other racing series. But how much do they really earn and who has earned the most? Here are the net worths of Formula 1 drivers, including those who didn't fulfill their potential.

F1 driver net worth

The world of motorsport is as crazy as the speeds at which the drivers drive their vehicles. While the fastest of the lot tends to speed his way to glory and fame, a single miscalculation such as a faulty gear shift or a mistimed brake push can prove to be fatal. Such is the risk that these drivers take week in and week out. And the ones who succeed in zooming past all odds not only win silverware but also amass significant fortunes, making these F1 drivers some of the richest athletes in the world. Formula 1 F1 is undoubtedly the most famous of all motorsports with a massive fan following. The F1 action takes place around the year and across continents, making it easier for fans from several corners of the world to witness the spectacle in front of their eyes. With huge revenues from ticket sales, sponsorships and widespread media attention, F1 most certainly ranks among the wealthiest sports in the world. It is, therefore, not a surprising revelation that the drivers associated with the sport reap huge dividends for their endless toils. Contrary to other sports, the individual F1 Grand Prix races have no prize money on offer for drivers. So how does the sport actually pay the drivers? Interestingly, the construction teams are the ones who are responsible for paying the drivers their salaries and incentives for their performances. While that may sound less rewarding and unfair to the drivers who practically risk their lives at every race on the tracks , the teams pay most of their drivers millions of dollars annually. While a list compiling the richest F1 drivers of the currently active roster of drivers makes sense, it would be unfair for retired legends of the sport to be excluded from the list.

Not bad for an F1 driver who only won one race. Widely regarded as one of the greatest drivers in the history of F1, Michael Schumacher is a legend. Raikkonen's substantial net worth reflects his successful and enduring career in the sport.

F1 is a sport that rewards its drivers handsomely, as the luxury properties in Monaco can attest to. There is no shortage of money flowing about in the big-time deals that current F1 drivers are tied to, and that icons of previous eras enjoyed. Many of the F1 drivers with the biggest net worths have seen their finances accrue over many, many years. These are the richest F1 drivers of all-time, according to figures estimated by GQ earlier this year. The Frenchman also held the record for the most F1 grand prix wins until, many years later, Michael Schumacher smashed it. The Northern Irishman competed in F1 between and , and was the runner-up representing Ferrari.

Lewis Hamilton, Michael Schumacher and Sebastian Vettel all feature among the richest reported drivers of all time. The best F1 drivers have a net worth that can rival any of the highest-earning athletes in the world, and these drivers have accrued more wealth than anyone else over the years. While some command huge salaries, others have combined that with business acumen and turn their millions into tens and even hundreds of millions — even while contributing through philanthropic activities. While he would have been earning a handsome salary with the Scuderia, the majority of his wealth has been accrued through a series of property investments. A legend of motorsport across multiple disciplines, Mario Andretti has seen corners named in his honour and is welcome in any paddock in the world. The four-time F1 World Champion Sebastian Vettel famously kept a low profile away from the track, until he created an Instagram account only to announce his retirement as his first ever post on social media. He commanded one of the highest salaries in the sport until then because of his on-track success, and is known to have several historic F1 cars in his collection — with big endorsements from brands such as Shell adding to his salary. He now boasts an investment property portfolio, with a sponsorship with Mobil 1 keeping him behind the wheel in selected events, and alongside TV punditry work he also works as a senior advisor to the team which handed him his F1 debut, Williams. Now sadly no longer with us, Niki Lauda was also a brilliantly astute business mind as well as a world-class racing driver.

F1 driver net worth

Australia, April Below, PlanetF1. Lewis Hamilton takes pole position in the Formula 1 grid, which is highly impressive considering his humble beginnings within the sport. At the age of 41, Alonso is currently the oldest driver on the F1 circuit, driving for Aston Martin. Since childhood, he has risen to become one of the best and highly-rated drivers in the history of the sport.

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In total, he has won 21 Grand Prix races in his career. So how does the sport actually pay the drivers? He has looked to give back to motorsport where he can, having opened the Fernando Alonso Sports Complex in his native Asturias in Spain featuring a museum and karting circuit in his name. A legend of the motorsport world, Lewis Hamilton shares the record for the most world championship titles with Michael Schumacher both are tied at seven wins. The Briton is often credited for widening the fan following of the motorsport with his unorthodox personality. Why are there no American drivers in Formula 1? Is Drive to Survive season 6 out? He also works as a TV broadcaster for Sky. He also wrote five books and was no stranger to the odd cameo in TV or films, prior to his death in aged If we talk of Italian drivers, it is hard to look past Mario Andretti. He only raced for nine years in Formula 1, yet managed to win three championships along with 27 wins, 43 podiums, and 17 pole positions. Besides F1, the driver has competed in endurance racing — he took part in the 24 Hours of Daytona in and

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At the time of his retirement, Schumacher held the records for most wins 91 races , most pole positions 68 races and most podium finishes races , all of which were later broken by Hamilton. Jenson Button was always a formidable opponent in Formula 1, although nobody saw him as a possible champion. Part of the network. If F1 is a kingdom, Max Verstappen is its reigning king. In , he had a horrid crash at the Adelaide Street Circuit, sustaining a skull fracture and a blockage to his airway. While that may sound less rewarding and unfair to the drivers who practically risk their lives at every race on the tracks , the teams pay most of their drivers millions of dollars annually. According to reports, Sebastian Vettel, in , has a net worth of around USD million, by virtue of which he ranks among the richest F1 drivers in the world. How many teams has Daniel Ricciardo raced for i A legend of the motorsport world, Lewis Hamilton shares the record for the most world championship titles with Michael Schumacher both are tied at seven wins. While the grid is usually filled with already wealthy individuals, the sport generates an incredible amount of money through its viewership and sponsors. The French driver also competed in the Andros Trophy, an ice racing championship, from to , winning the championship three times in that period. What is the history of the Daytona Race Track? Throughout his career, Alonso won 32 races, had 97 podiums, and 22 pole positions. The world of motorsport is as crazy as the speeds at which the drivers drive their vehicles. Although he is renowned for his stint in Formula 1 and NASCAR, Andretti has also competed in open-wheel car racing, sports car racing, midget car racing and sprint car racing.