![]() Started with approximately $300,000 in 2007, escalating to around $10 million towards the end of his tenure with bonuses included. His progression from McLaren to Mercedes and soon to Ferrari showcases a trajectory not just of sporting excellence but also of increasing financial remuneration reflective of his status in the sport. Lewis Hamilton's salary history reflects his remarkable career as one of Formula 1's premier drivers. ![]() Hamilton's decision is seen as a bid to chase a record eighth World Championship and to fulfill personal aspirations, possibly influenced by the aspirations of his hero, Ayrton Senna, who also harbored desires to race for Ferrari.Īs Hamilton prepares for his final season with Mercedes, the focus remains on delivering a strong performance in 2024, while the anticipation for his Ferrari debut in 2025 continues to build. This move pairs Hamilton with Charles Leclerc, potentially forming one of the most formidable line-ups on the F1 grid. ![]() Italian Formula 1 journalist Leo Turrini disclosed that Hamilton signed a "2+1" contract with Ferrari, potentially extending his stay until the end of the 2026 season, depending on the team's performance and the development of their car post-2026 regulation changes.įurthermore, the deal includes substantial investments in Hamilton's charitable foundation, Mission 44, and a joint investment fund with Ferrari's parent brand, Exor, showcasing the comprehensive nature of this partnership beyond racing. The contract with Ferrari is reportedly worth around $100 million per year, including salary, sponsorships, image rights, and bonuses. Hamilton's upcoming switch to Ferrari in 2025 has been one of the most talked-about moves in recent F1 history.įerrari has confirmed Hamilton on a multi-year contract, with Mercedes announcing that Hamilton activated a release clause in his contract to leave after the 2024 season.įerrari announced Hamilton's contract as a "multi-year" agreement, signaling their long-term commitment to each other. This contract was seen as a reaffirmation of their successful partnership, with both parties expressing their dedication to achieving further success together. In the midst of his 11th season with Mercedes, Hamilton renewed his commitment to the team by signing a two-year extension, ensuring he would remain with Mercedes through the 2025 season. In 2013, Hamilton made a significant career move to Mercedes, a decision that would lead to one of the most successful partnerships in Formula 1 history.Īt Mercedes, Hamilton achieved unparalleled success, securing six of his seven World Championships and becoming the most successful F1 driver in terms of race victories. His tenure at McLaren was marked by competitive performances and a growing reputation as a world-class driver. He achieved considerable success with the team, including winning his first World Championship in 2008. ![]() Hamilton's professional F1 career began with McLaren, where he signed up with their young driver program and made his Formula 1 debut in 2007. Lewis Hamilton's journey through Formula 1 contracts reflects a remarkable career path marked by success, strategic decisions, and now, a groundbreaking move to Ferrari for the 2025 season. His wealth is also reflected in his assets, including luxury properties in London, Monaco, New York, and a collection of high-end cars and a private yacht, showcasing his taste for the finer things in life. His career earnings have been bolstered by his salary from Mercedes, where he has been since 2013, including a notable contract extension in 2018 reported to be worth nearly $50 million to $55 million per year.īeyond his salary, Hamilton's net worth has been significantly enhanced through endorsements and business ventures.
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