Formula 1 drivers take huge risks by going racing in their 200mph machines, so it’s no surprise they are very well paid for the jobs they do…
F1 driver salaries make them some of the world’s most highly-paid athletes, due to their willingness to stare danger in the face every time they strap themselves into their car to go to battle.
Racing across the globe with over 20+ races a year, some of the drivers with longer careers have managed to carve out some eye-watering figures for their net worth – particularly if they’re canny about their money and plump for investments or ventures outside of the F1 sphere.
Below, PlanetF1.com looks at the 10 Formula 1 drivers with the highest net worth on the 2023 grid.
Lewis Hamilton – £270.9m
Lewis Hamilton takes pole position in the 2023 Formula 1 grid, which is highly impressive considering his humble beginnings within the sport.
Sheer determination and talent have got him to where he is in 2023, with a net worth of £270.9 million.
Hamilton’s dad reportedly invested all the family money into building his career, giving the world one of the best Formula 1 drivers in motoring history.
Fernando Alonso – £216m
Second on the leaderboard is Spanish motoring phenomenon, Fernando Alonso.
At the age of 41, Alonso is currently the oldest driver on the 2023 F1 circuit, driving for Aston Martin.
Alonso inherited his love for cars and racing from his father who was an amateur kart racer.
Since childhood, he has risen to become one of the best and highly-rated drivers in the history of the sport. Alonso’s net worth is £216 million, which he has steadily acquired by racing over 16 Formula 1 seasons.
Max Verstappen – £72m
After winning his first title at the 2021 Abu Dhabi Grand Prix, Verstappen became the first Dutch driver to win the Formula 1 World Championship, and the 34th Formula One World Drivers’ Champion.
Verstappen is currently signed to Red Bull having signed a spectacular contract in early 2022, and the longest on the F1 grid, keeping him with Red Bull until 2028.
His net worth is estimated at a cool £72 million – not bad for a 25-year-old!
Sergio Perez – £62.4m
Sergio Perez has come a long way since his days watching on as a junior member of the Ferrari Driver Academy.
Originally joining McLaren in 2013, Perez went on to drive for Force India throughout the 2014 season for a fee of $1 million.
Perez is currently a driver for Red Bull Racing for the second year alongside double-world champion Max Verstappen. It is believed that Perez’s net worth is circa £62.4 million.
Daniel Ricciardo – £41.6m
Australian driver, Daniel Ricciardo, reached the Formula 1 circuit through Red Bull’s young driver programme, initially racing with now-defunct outfit HRT before moving to Toro Rosso.
He was promoted to the senior F1 team in 2014 and scored three wins in his first year.
After leaving Red Bull in 2018 for a stint with Renault, Daniel continued his Formula 1 career with McLaren in 2021.
