The most successful driver of his generation, Sir Lewis Hamilton has done it all. The only man to reach triple-digit pole positions and the joint most decorated F1 driver in history, the Brit has built a motoring empire. And with that has come plenty of fame and fortune.
An expert Kate Richardson delves into the details behind his astonishing wealth and why exactly Lewis Hamilton is a marketing dream.
What is Lewis Hamilton’s Net Worth?
Launching his F1 career in 2007 after success in Formula Three and GP2, Hamilton shot to fame after record-breaking debut seasons, and it wasn’t long before he was finding the podium on a regular basis.
Fast forward almost two decades and Hamilton has accrued himself a net worth of around £350 million, making him one of the wealthiest sports stars on the planet, up there with the likes of David Beckham, LeBron James and even Michael Jordan. In fact, according to The Sunday Times, he is now Britain’s richest sportsperson.
The Highest Paid Ferrari F1 Driver in History is a British Man
Hamilton has the highest net worth of any Formula 1 driver in history, with his base salary for Ferrari, whom he joined ahead of the 2025 season, estimated to be between £50 million and £100 million, inclusive of image rights, bonuses and more.
This far eclipses Michael Schumacher, the Ferrari legend and joint all-time Championship winner alongside Hamilton, who picked up between £30 million and £38 million during his dynasty with the iconic Italian team.
Hamilton said on joining Ferrari:
“I’ve been lucky enough to have achieved things in my career I never thought possible, but part of me has always held on to that dream of racing in red. I couldn’t be happier to realise that dream today.
“Today we start a new era in the history of this iconic team, and I can’t wait to see what story we will write together.”
The Brit’s current contract is for two seasons following his 10 season spell with Mercedes, with the option to extend for a third year should both parties wish.
How Much Does Lewis Hamilton Make? Salary, Investments and Sponsors
Reports are still trying to estimate what Hamilton’s earnings will be from Ferrari, but as stated it’s believed he’s approximately on a base salary of £50m-£100m per year. This will likely bump Hamilton back up to F1’s top earner, ahead of Max Verstappen, who earns £55 million per year. Previously he had reportedly earned a base salary of £45 million per year with Mercedes, plus bonuses.
Hamilton also works with multiple sponsors and endorsement deals which brings him in millions of dollars per year.
Inside Lewis Hamilton’s Sponsorship Deals
Lewis Hamilton is one of the most marketable faces in sport alongside names such as David Beckham, Cristiano Ronaldo and Simone Biles. He was named the 11th most marketable athlete by SportsPro in 2024, ahead of Travis Kelce and Novak Djokovic, and currently has deals with Monster Energy Drinks, IWC, Puma, Tommy Hilfiger, Sony, CFI and Dior, who he recently collaborated with for a Lifestyle Capsule Collection.
As one of F1’s most charismatic stars, fashion has long been a part of Hamilton’s make-up, and he is set to co-chair the Met Gala 2025 in New York, which will be his sixth appearance at the event.
Back in 2018 during the city’s Fashion Week, Hamilton launched a clothing line, TOMMYXLEWIS, in collaboration with Tommy Hilfiger. He’s also helped promote sustainable fashion lines with the brand, something Hamilton has been vocal about down the years.
In more recent years, the 40-year-old former world champion has made several high-profile investments, including in cryptocurrency through his partnership with CFI, as well as the purchasing of W, a leading fashion magazine, and launch of his own production company, Dawn Apollo Films.
The exciting venture will see upcoming projects involve a Formula 1 racing film starring Brad Pitt, as well as a documentary on the former McLaren and Mercedes driver’s life.
Hamilton’s current sponsorship deals:
- Sony
- Tommy Hilfiger
- Puma
- IWC
- Monster Energy
- Dior (brand ambassador)
- CFI (brand ambassador)
The State of Play: Hamilton’s Sponsorship Deals
It’s believed that with Hamilton switching his Formula One racing team, some of his major sponsors will change.
It’s believed he is all set to terminate his long-term partnership with Monster in order to partner with Ferrari sponsors Celsius. This has yet to be confirmed, but it is expected some sponsors could follow the driver, including watch manufacturer IWC, Tommy Hilfiger, Puma and Sony.
It’s certainly likely his deal with Puma and Tommy Hilfiger won’t be going anywhere, with him very hands on with the brands, including creating limited edition pieces, as well as being the main face of them.
Lewis Hamilton’s Car Collection
It’s not just in the F1 world where the knighted driver gets to enjoy the high-life when it comes to motoring. No, Hamilton boasts an impressive car collection at home too.
His private collection includes some of the most spectacular road-legal cars around, worth an estimated £13 million!
In his collection sits a wealth of Mercedes supercars (although who knows, he might have to hand those back following his final race in Mercedes colours), including the Mercedes AMG SLS Black and the AMG Project One, as well as the 1967 Ford Mustang Shelby GT500 and the 1966 Shelby Cobra 427.
Ferrari shouldn’t fear, though. Hamilton’s known to have at least three in his collection, including the LaFerrari, 599 SA Aperta and the Aperta, and we’re guessing there will be a few more landing in his garage over the coming years.
During his time with McLaren, he also collected several classic cars, a standout being the 1995 McLaren F1, which enjoys a top speed of 243mph!
However, many of these cars are more collectors items for Hamilton these days, with him speaking out a few years ago about how he’s trying to offset his carbon emissions from his F1 career. He said: “Recently I’ve been making many changes in my life to reduce my impact on the environment.
“The first step in this journey was to understand my personal impact on the planet so I could make changes to improve it.
“Since then, I have offset my carbon footprint from my Formula 1 career dating back to 2007, I have reduced travel where possible, I have gone plant-based and outside of the track, I try to use electric cars wherever possible.”
A lover of all vehicles, Hamilton is also the proud owner of a Honda CRF450RX Motocross bike as well as a Maverick X3 dune buggy, worth around £40,000.
Lewis Hamilton’s Incredible Property Portfolio
With so many cars, Hamilton needs plenty of garage space, so it’s no surprise that the grand prix legend has multiple luxury properties across the globe.
Hamilton’s life is largely based in a stunning £11.8m mansion in Monaco, but he does often occupy luxury properties in the UK, including a six-bedroom property in West London, the former home of Burberry chief designer Christopher Bailey.
Hamilton also owns luxury properties in Geneva, Colorado and New York, where he owns a $40 million Tribeca penthouse.
Most recently, he’s been gifted a new house by his Ferrari team in Italy, close by the Scuderia’s HQ in Fiorano Modenese.
Hamilton’s 2025 with Ferrari: What the Bookmakers Think
2025 is going to be a big year for former F1 champion Lewis Hamilton and he looks all set to reignite his rivalry with 2024’s leader Max Verstappen.
The German Red Bull driver is joint favourite to win the Drivers Championship alongside Lando Norris, with Hamilton fourth favourite, just behind Charles Leclerc.
With his formula one team looking to get its first since Kimi Raikkonen in 2007, he could be a good punt, with many bookmakers providing generous odds at around the 13/2 mark.
For those looking to do so via cryptocurrency, something Hamilton’s been closely associated with through his partnership with CFI, there are many bookies that accept deposits in cryptocurrencies these days, allowing you to back the man that’s backing the future mainstream method of payment.
Whether Hamilton has what it takes to become the outright all-time leader in terms of Drivers Championships, we’ll find out over a gruelling 2025 season, but it’s all shaping up to be a good one, particularly for Sir Lewis’ already healthy bank balance.
