Is Lewis Hamilton Moving to Ferrari? What Is His Net Worth?
F1 driver Lewis Hamilton announced that he will be moving to Ferrari, leading some to wonder what his overall net worth is. We have all the details.
What is Lewis Hamilton’s net worth?
Lewis’s two-year contract with Mercedes was for 100 million Euros, so it should go without saying that the seven-time champion is incredibly wealthy. Just how wealthy, you might ask? Well, he has an estimated net worth of roughly $285 million thanks to his massive contracts for actual racing. Also, he has smartly reinvested his money and brokered several lucrative brand partnerships.
Lewis Hamilton: The F1 Phenom
Lewis Hamilton is a F1 driver and seven-time champion. He holds the record for most wins, most pole positions, and most podium positions in Formula One, and has been racing since 2007, when he joined McLaren.
Birthdate: Jan. 7, 1985
Birthplace: Stevenage, Hertfordshire, England
Birth Name: Lewis Carl Davidson Hamilton
Father: Anthony Hamilton
Mother: Carmen Larbalestier
Lewis has worked hard to use his considerable wealth for good. He has created foundations dedicated to getting Black and other minority populations more invested in racing, and he has also donated to many other causes. He has donated almost 7 percent of his overall wealth to causes related to youth and employment in a single year.
Lewis seems set to return to Ferrari.
After joining Mercedes for the 2023 and 2024 seasons, it seems that Lewis will be returning to Ferrari in 2025, at least if reports can be believed.
“I thought about and watched the Ferrari drivers on the screens at the track and of course, you wonder what it would be like to be in red,” he said when inking his new deal with Mercedes. At the time, he described Mercedes as “home,” but this news seems to suggest that Lewis is ready to find a new home as he enters the later stages of his career.
The new F1 season is set to begin at the end of February, and while none of this news is official, it does create an odd feeling of finality for Lewis entering the 2024 season. This may be his final run with the team that made him one of the highest-paid athletes in sports.