On the list of the richest Formula One drivers, Michael Schumacher, Max Verstappen and Lewis Hamilton top the list. Find out a detailed breakdown of their net worth, source of wealth and other information regarding their income.
Formula One is one of the richest sports in the world that has continued to see a massive flow of money, and thus drivers are earning significantly on their respective teams.
Here are the top 10 richest Formula One (F1) drivers with their net worth:
1. Michael Schumacher – $600 million
Michael Schumacher is the richest F1 driver currently with impressive earnings. His career earnings include F1 salary, endorsements, and business ventures.
Michael Schumacher is a 7-time world champion and holds the records for the fastest laps in F1 history. Today, he is regarded as one of the greatest drivers of all time after dominating the sport.
2. Lewis Hamilton – $300 million
Lewis Hamilton sits second with $300 million. His career earnings include his F1 salary, endorsement deals with some of the biggest brands, such as Tommy Hilfiger, and other investments.
He has won seven world championships and holds the record for the most pole positions in F1 history. As of June 2025, he is in the books of Ferrari.
3. Fernando Alonso – $260 million
Fernando Alonso is also one of the richest F1 drivers currently, with an impressive net worth of $260 million. He has won two world championships.
Alonso is one of the most consistent drivers in Formula One today.
5. Max Verstappen – $217 million
Max Verstappen is no surprise to be on the list, having enjoyed remarkable success in the sport. His income includes his F1 salary, bonuses and endorsements with some of the biggest brands in sport, including EA Sports.
Max Verstappen has won four world championships and remains a dominant force in modern F1.
5. Sebastian Vettel – $180 million
Sebastian Vettel also makes the list with a net worth of $180 million. Apart from his salary, he also earned from bonuses and endorsement deals.
Sebastian Vettel won four world championships throughout his career.
6. Jenson Button – $150 million
Jenson Button became a world champion in 2009. Following his retirement from the sport, he transitioned into media and business.
7. Nico Rosberg – $140 million
Nico Rosberg is one of the popular names in the sport. He became a world champion in 2016.
8. Daniel Ricciardo – $100 million
Daniel Ricciardo's career earnings are $100 million. He has earned endorsement deals with Red Bull and Beats by Dre that helped grow his earnings.
Ricciardo is one of the strong competitors for the Formula One championship.
9. Lando Norris – $37 million
Lando Norris has a net worth of $37 million. Apart from his salary and bonuses, he struck some endorsement deals with brands such as Quadrant esports team and Hilton Hotels.
Interestingly, Norris's first career victory in 2024 helped McLaren to lift the Constructors’ Championship. He is currently one of the most skilled drivers.
10. Carlos Sainz – $50 million
Carlos Sainz is also on the list with a whopping career earnings of $50 million, which cuts across his salary, bonuses and endorsement deals.
Carlos Sainz is currently representing the Williams F1 team.