Formula 1’s allure goes far beyond the high-octane racing and thrilling rivalries; it’s a world driven by staggering salaries, massive endorsement deals, and ever-increasing driver net worths.
As the 2025 season roars on with blockbuster moves and fresh talent arriving on the grid, the financial stakes have never been higher.
From legendary champions to rookie prospects, we unpack the latest net worth and salary figures for every 2025 F1 driver, with exclusive insight into how their fortunes are built and what sets them apart in the sport’s financial hierarchy.
F1 driver net worth 2025: Who are the 12 wealthiest?
12 – Oscar Piastri (McLaren): $7 million+
Oscar Piastri’s meteoric rise up the F1 ranks has been matched by rapid salary growth. His 2025 base pay stands at $20 million, thanks to a contract renewal following breakthrough performances including a maiden F1 race victory at the 2024 Hungarian Grand Prix.
The Australian driver has continued to deliver remarkable results for McLaren this season which means more bonuses, and when his brand endorsements from lifestyle company Quad Lock and software company Dubber are factored in, his total season earnings could surpass $25 million.
While the figure does not account for tax and agent fees, Piastri’s net worth estimates range between $7–8 million, expected to surge in coming seasons.
11 – George Russell (Mercedes): $16 million
George Russell became Mercedes’ number one driver following Hamilton’s departure. His annual salary has climbed to $15 million, with additional bonus incentives potentially increasing his total pay.
Considering his endorsement deals with watch and automotive brands such as Tommy Hilfiger, recent reports estimate Russell’s net worth at $16 million, reflecting his rapid progress up the grid.
10 – Nico Hulkenberg (Sauber): $18 million
Nico Hülkenberg is one of the longest serving drivers on the current Formula 1 grid.
Following his 2010 debut with Williams, the German driver has raced with Aston Martin, Renault and currently Kick Sauber where he earns $7 million in base salary.
While Hulkenberg recently secured his maiden F1 podium at the British Grand Prix, his persistence in F1 has yielded a respectable net worth of $18 million with additional income from endorsements such as Hahnair, Gebr. Heinemann, Admin By Request, and Schuberth.
9 – Esteban Ocon (Haas): $21 million
Esteban Ocon’s net worth is estimated to be over $21 million following his consistent 10-year run as a mainstay on the Formula 1 grid.
Since his F1 debut with Manor(Marussia) in 2016, the Frenchman has raced for Racing Point, Renault (currently Alpine) – where he claimed his maiden F1 victory at the 2021 Hungarian Grand Prix – and currently Haas.
Ocon’s yearly compensation at the American-based outfit stands at $7 million alongside brand endorsements such as Bianchet watches, Tiffany & Co. and Guess.
8 – Pierre Gasly (Alpine): $34 million
Pierre Gasly’s net worth is estimated at $34 million following stints at Toro Rosso (later AlphaTauri and currently Racing Bulls) where he claimed his first F1 win at the 2020 Italian Grand Prix before joining Red Bull briefly in 2021.
Gasly joined Alpine in 2023 and his current base salary sits at $11 million. His sponsors include AIX Investment Group, Givenchy Parfums, and Fantom Foundation.
He also collaborates with AlphaTauri for a knitwear collection and is involved with H. Moser & Cie watches as a brand ambassador raising his total earnings.
7 – Lando Norris (McLaren): $36 million
Lando Norris has emerged as one of Formula 1’s brightest stars, both in terms of performance and earning power following a successful 2024 campaign.
The British driver claimed his maiden victory at the 2024 Miami Grand Prix and helped McLaren secure their first constructors championship in years after finishing second in the drivers’ title.
The wins will likely attract more bonuses to complement Norris’s net worth which is currently estimated at $36 million and is projected to grow as he cements himself as a top-tier driver
His base salary at McLaren stands at $20 million after signing a new four-year deal reportedly worth $100 million alongside high-value endorsements and growing business interests including his gaming and eSports brand Quadrant.
6 – Lance Stroll (Aston Martin): $50 million
While Lance Stroll’s on-track compensation for Aston Martin is a modest $3 million, being the son of billionaire and team owner Lawrence Stroll puts his net worth at $50 million.
This is largely accumulated from family interests, assorted sponsorship and endorsement deals with brands such as BOSS, and stable F1 contracts since 2017.
5 – Carlos Sainz (Williams): $50 million
Carlos Sainz commands a $10 million annual salary after leaving Ferrari where he ranked as the ninth highest-paid F1 driver in 2024, earning $19 million.
Sainz’s net worth of $50 million is the product of steady salaries with several top teams over his 10-year stint in Formula 1, solid sponsorships, and a passionate Spanish fanbase.
The 30-year-old has also invested in Iberian tech start-ups and property, ensuring long-term financial stability even as his on-track prospects change.
4 – Charles Leclerc (Ferrari): $64 million
Charles Leclerc continues as Ferrari’s prodigious talent, now partnered with Hamilton. His $34 million annual salary places him among the grid’s elite, reflecting the team’s faith in his abilities.
Leclerc’s net worth—estimated at $64 million—has climbed thanks to F1 salaries, lucrative personal sponsors and endorsement deals with the likes of Puma, Ray-Ban and Chivas Regal.
Despite limited championship success so far, Leclerc’s consistent podium finishes and youthful image make him highly marketable, ensuring strong off-track earnings.
3 – Max Verstappen (Red Bull): $217 million
Max Verstappen continues to dominate both on the racetrack and on the salary charts, maintaining the highest base salary in Formula 1 for 2025.
The four-time world champion commands a headline $65 million contract with Red Bull Racing. Beyond his base salary, Verstappen earns substantial bonuses for race wins and title achievements, bringing his total compensation even higher.
Endorsement deals with global brands like EA Sports, Heineken, and Viaplay further add millions to his annual income.
Off the track, Verstappen is investing in his own GT racing venture “Verstappen.com Racing” and holds stakes in eSports through Team Redline. At just 27, his financial empire is set to grow, reflecting both his marketability and ongoing contract security through 2028.
2 – Fernando Alonso (Aston Martin): $240 million
A two-time World Champion and a perennial contender, Fernando Alonso maintains one of the largest fortunes in Formula 1 at an estimated $240 million.
In 2025, the Spanish veteran earns a considerable $20 million with Aston Martin where he serves as both team leader and mentor.
Alonso’s diverse income is derived from a decorated F1 career, substantial sponsor deals, and investments in cycling and karting ventures. His continued excellence at 43 years old is a testament to his skill and his financial acumen.
1 – Lewis Hamilton (Ferrari): $512 million
Lewis Hamilton tops the list of the 12 highest F1 driver net worth 2025 as reports claim the seven-time Formula 1 world champion is worth $512 million, built through over 15 years of racing at the pinnacle of motorsport.
Hamilton’s move from Mercedes to Ferrari in 2025 remains the talk of the paddock, with a record $60 million base salary—making him the best-paid driver in Ferrari’s history.
His earnings are bolstered by major sponsorships (Tommy Hilfiger, Puma, Monster Energy), business ventures like the Neat Burger chain and a stake in the Denver Broncos NFL team, and significant prize money and bonuses.
Hamilton’s influence extends beyond the track through philanthropic initiatives, his +44 fashion brand, and movie production projects.
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