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Drivers competing in System One (F1) can earn many thousands and thousands of {dollars} per yr whereas attending a number of races within the prime tier of the motorsports trade. This normally comes within the type of sponsors with big-name automobile manufacturers and pay-per-race salaries.
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This revenue is additional supplemented by model offers and different endorsements which see F1 stars persistently raking within the money at an unbelievable price.
Consequently, F1 drivers are a number of the richest sportspeople on the market. However in an trade that has produced so many unbelievable athletes, who’re the official prime earners of all time?
You possibly can take a look at sports betting odds to seek out out extra in regards to the prime racers competing in System One at the moment.
1. Michael Schumacher – $600 million
This German famous person is without doubt one of the most recognizable faces on the planet. He as soon as held practically each separate System One document earlier than retiring in 2012, together with 91 wins and 7 world titles, making him one of the profitable F1 drivers in historical past.
Even now, a decade after his retirement, his wealth far exceeds different F1 drivers. Although he made a hefty main wage racing for Ferrari and Mercedes, the most important proportion of his fortune comes from his participation in numerous ads and model endorsements.
His complete profession earnings simply exceed $1 billion which makes him one of many highest-paid athletes on the planet.
2. Lewis Hamilton – $285 million
Lewis Hamilton is statistically one of many best System One drivers within the historical past of the game. He started his profession with McLaren in 2007 and has since achieved seven championship trophies tying him with the document set by Michael Schumacher, and has additionally gained extra particular person races than another F1 driver.
Hamilton makes round $12 million per yr in endorsements for Sony, Tommy Hilfiger, Puma, and Bose, amongst many others. He additionally has property and enterprise investments, totalling round $200 million.
Hamilton peaked at quantity 8 on the Forbes listing of highest-paid athletes in 2021.
3. Fernando Alonso – $260 Million
The Spaniard has competed in F1 races since 2001 for McLaren, Renault, and Alpine, and is among the many prime legendary F1 drivers on the planet. Notably, he has gained the world championship twice all through his profession.
With earnings totalling over $1 million per yr from profitable offers made with manufacturers together with Adidas, Pirelli, and Citibank, Alonso is a good businessman. He additionally makes fairly some huge cash from his streetwear model, Kimoa, which launched in 2017.
His internet price is at the moment estimated at round $260 million however this quantity is about to extend over the subsequent few years after saying a comeback to F1 with Alpine.
4. Kimi Räikkönen – $250 Million
All through his 20-year F1 profession, the Finnish worldwide had plenty of time to make some critical cash – together with his common internet price now staying across the $250 million mark.
From 2001 to 2021, Räikkönen raced for McLaren, Lotus, Ferrari, Sauber, and Alfa Romeo. He additionally gained a document 21 Grand Prix titles. On account of such profitable model offers and sponsorships, he grew to become one of many world’s highest-paid athletes.
Räikkönen additionally boasts spectacular actual property investments and holdings together with an expensive beachfront property in Thailand and a $24 million dream house in Switzerland.
5. Jenson Button – $150 Million
Jenson Button is a well-known British F1 driver with an estimated complete fortune of $150 million.
Button is most famous for profitable the System One Championship in 2009 and achieved first place in 15 completely different races throughout his 17-year-long profession.
He raced for a lot of groups together with Renault, Honda, Williams, Brawn GP, Benetton, Bar, and McLaren. As soon as he joined McLaren in 2010, his annual wage was estimated at round $16.5 million which was one of many key methods he raked in his fortune.
Since he retired in 2016, Button continues to be a outstanding identify within the sporting world. He continues to earn money as a senior advisor to his former Williams racing crew and as a commentator for Sky Sports activities.
Abstract
These are the highest 5 richest F1 drivers of all time. Although a few of these racers are retired, their legacy lives on within the sporting world both in reminiscence or following them as they take their profession in a brand new course.
It may be fairly troublesome to estimate the precise wage of an F1 driver because it relies on the kind of race, their expertise, and the sponsorship contract that they’ve entered into. However what we are able to say is that their internet price consists of excess of simply the wage from racing.
Many of those sportsmen are additionally unbelievable businessmen with a penchant for securing further branding offers and property investments exterior of the monitor, which provides a substantial quantity to their complete incomes potential.
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