The 2025 Formula 1 season showcases reigning champion Max Verstappen defending his title against challengers Lando Norris, Lewis Hamilton, and Charles Leclerc. Meanwhile, several promising rookies have joined the grid, adding fresh dynamics to the championship battle.
Beyond racing prowess, Formula 1 drivers develop significant financial portfolios reflecting their sporting status. This ranking examines the current wealth of all 20 drivers competing this season—from newcomers making their debuts to established champions with fortunes exceeding £350 million.
The financial hierarchy demonstrates stark contrasts between veterans who have leveraged decades of success into substantial wealth and rookies beginning to build their financial foundations. While race winnings provide substantial income, many drivers significantly enhance their wealth through strategic brand partnerships, business ventures, and investments.
20. Andrea Kimi Antonelli
Team: Mercedes
Net worth: Unknown
Racing excellence runs through Andrea Kimi Antonelli’s lineage as the son of sportscar racer Marco Antonelli. The Italian prodigy made his F4 debut at just 15 years old in 2022, rapidly ascending through competitive ranks and collecting multiple titles.
His exceptional talent prompted Mercedes to accelerate his development, bypassing F3 entirely and placing him directly into F2. Following an impressive Formula 2 campaign last year, Mercedes selected the 18-year-old to replace Lewis Hamilton for the 2025 season after Hamilton’s unexpected move to Ferrari.
Though his current net worth remains unestablished, Antonelli has begun building commercial partnerships with premium brands such as Adidas. Reports indicate he will earn approximately £1.57 million during his debut Formula 1 season.
19. Gabriel Bortoleto
Team: Kick Sauber
Net worth: Unknown
Gabriel Bortoleto marks his Formula 1 debut this year with Kick Sauber, becoming the first Brazilian to compete full-time since Felipe Massa departed the sport in 2017. The reigning F2 champion began his racing journey in karting at age seven.
While his current net worth remains undocumented, the 20-year-old has secured a three-year endorsement agreement with chocolate manufacturer KitKat. Additional brand partnerships will likely develop as his profile rises in Formula 1. Similar to fellow debutant Antonelli, Bortoleto reportedly commands a £1.57 million salary.
18. Isack Hadjar
Team: Visa Cash App Racing Bulls
Net worth: Unknown
French-Algerian competitor Isack Hadjar prepares for his Formula 1 debut with Visa Cash App Racing Bulls this season. The 20-year-old began karting in 2012 at age eight and earned his promotion following an exceptional 2024 F2 season that included four victories and eight podium finishes.
His current financial portfolio remains undisclosed, though endorsement opportunities will certainly emerge should he demonstrate strong performance. Reports suggest his earnings range between £393,000 and £785,000 for the season.
17. Oliver Bearman
Team: Haas
Net worth: £1.02 million
British driver Oliver Bearman served as Ferrari’s reserve driver in 2024 and made an unexpected Formula 1 debut in Saudi Arabia when replacing an unwell Carlos Sainz. His impressive performance secured him a full-time position with Haas for the 2025 season.
The 19-year-old, widely regarded as a future star, has already established partnership agreements with brands including Deus X and Eurospares.
16. Liam Lawson
Team: Red Bull Racing
Net worth: £1.18 million
New Zealand’s Liam Lawson joins Red Bull Racing as Max Verstappen’s teammate for 2025, replacing Sergio Perez. A former Red Bull Junior Team member, Lawson made his Formula 1 debut in 2022 when substituting for an injured Daniel Ricciardo. His racing career began in karting at age six and includes multiple F2 victories.
Beyond racing, Lawson generates income through sponsorship arrangements with companies including Rodin Cars and Bell Helmets.
15. Jack Doohan
Team: Alpine
Net worth: £785,000 – £1.57 million
Australian competitor Jack Doohan has served as Alpine’s reserve driver since 2023 but advances to a full-time racing position for the 2025 season. The 22-year-old has demonstrated significant potential with multiple F3 and F2 victories.
Doohan recently expanded his commercial interests by launching a personal apparel collection called Doohan OK.
14. Alexander Albon
Team: Williams
Net worth: £2.36 million
Thai-British racer Alexander Albon holds the distinction of being only the second Thai driver in Formula 1 history and the first Asian competitor to achieve multiple podium finishes. Albon debuted in 2019 and received a mid-season promotion to Red Bull Racing that year.
Despite losing his Red Bull seat in 2020, Albon orchestrated a remarkable return with Williams in 2022—a rare second opportunity in the demanding world of Formula 1. His wealth derives primarily from his racing career and valuable endorsement arrangements, including an ambassadorship with Thailand’s Monsoon Valley Vineyard.
13. Oscar Piastri
Team: McLaren
Net worth: £3.14 million (likely higher)
Australian driver Oscar Piastri progressed from karting success to F4 competition at age 15. After securing championships in F3 and F2, he made his Formula 1 debut with McLaren in 2023 and remains contracted with the team until 2026. Piastri claimed his first Formula 1 victory at the Hungarian Grand Prix last year, followed by another win in Azerbaijan. He currently holds 10 podium finishes.
The 23-year-old ranked as the seventh highest-paid driver in 2024, earning £17.26 million in salary and performance bonuses before accounting for taxation and representation fees. Recent estimates likely understate his current financial position given his 2024 earnings. Beyond racing income, Piastri represents numerous brands in his home country, including lifestyle company Quad Lock and software firm Dubber.
12. Yuki Tsunoda
Team: Visa Cash App Racing Bulls
Net worth: £3.93 million
Japanese competitor Yuki Tsunoda debuted in Formula 1 during 2021 with Red Bull’s AlphaTauri team, now operating as Visa Cash App Racing Bulls. Tsunoda’s ascent through motorsport ranks occurred with remarkable speed—he progressed from F4 to F1 in just four years.
While his 2024 salary amounted to a relatively modest £785,000, Tsunoda enhances his income through profitable endorsement arrangements, including a partnership with Japanese skincare brand Bulk Homme.
11. Nico Hulkenberg
Team: Kick Sauber
Net worth: £7.85 million
German driver Nico Hulkenberg entered Formula 1 with Williams in 2010 and subsequently competed with teams including Aston Martin and Renault. Though dropped by Renault in 2019, Hulkenberg impressed during substitute appearances in 2020 and 2022, securing his full-time return with Haas in 2023.
The veteran racer augments his wealth through strategic endorsement arrangements, reportedly working with prestigious brands including Rolex and Puma throughout his career.
10. George Russell
Team: Mercedes
Net worth: £12.56 million (likely higher)
British driver George Russell made his Formula 1 debut with Williams in 2019 before capturing his first victory at the 2022 São Paulo Grand Prix while competing for Mercedes. Russell ranked as the sixth highest-paid driver in 2024, earning £18.05 million in combined salary and performance bonuses before deductions for taxes and representation.
Recent estimates likely exclude his substantial 2024 racing income. Russell further enhances his financial position through partnerships with premium brands including Tommy Hilfiger.
9. Esteban Ocon
Team: Haas
Net worth: £16.48 million
French competitor Esteban Ocon debuted in Formula 1 with Manor Racing Team during the 2016 season. Throughout his career, he has competed with several teams and currently races with Haas.
His reported annual salary with Alpine reached £4.71 million in 2024. A significant portion of his wealth derives from strategic endorsement arrangements and business investments. Ocon has established profitable agreements with major corporations including Microsoft and watchmaker Bell & Ross.
8. Lando Norris
Team: McLaren
Net worth: £23.55 million
British driver Lando Norris entered Formula 1 in 2019 with McLaren. His impressive rookie campaign resulted in an 11th-place championship finish, narrowly missing the top 10. The 25-year-old ranked as the third highest-paid driver in 2024, earning £27.48 million before accounting for taxes and representation fees. Following a remarkable season with 13 podium finishes, he secured a new four-year McLaren contract reportedly valued at £78.5 million.
Beyond racing, Norris generates additional revenue from high-profile sponsorships and ownership of Quadrant, a gaming and lifestyle enterprise.
7. Pierre Gasly
Team: Alpine
Net worth: £25.9 million
French driver Pierre Gasly joined Formula 1 in 2017 with Visa Cash App Racing Bulls (then operating as Toro Rosso) before advancing to Red Bull Racing in 2019. There, he partnered with Max Verstappen but struggled to match the exceptional pace of his teammate despite delivering commendable performances.
Last year, he ranked as the 10th highest-paid competitor, earning £9.42 million before taxes and representation fees. Gasly enhances his financial portfolio through calculated endorsement arrangements. Notably, he maintains his own sunglasses collection with Hawkers and actively promotes these products across his social media platforms.
6. Charles Leclerc
Team: Ferrari
Net worth: £39.25 million
Monaco-born Charles Leclerc debuted with Sauber in 2018 before his exceptional rookie season performance earned him a coveted Ferrari seat in 2019, where he remains today. The 27-year-old ranked as the fifth highest-paid Formula 1 driver in 2024, earning £21.2 million in combined salary and performance bonuses before deductions.
Leclerc’s wealth is supplemented by various lucrative endorsement arrangements with premium brands including Puma, Ray-Ban, and Chivas Regal. Notably, he became the ambassador for luxury fashion house Armani’s Made to Measure collection in 2020.
5. Lance Stroll
Team: Aston Martin
Net worth: £39.25 million
Canadian driver Lance Stroll made his Formula 1 debut with Williams in 2017 shortly after turning 18. During his remarkable first season, he became the youngest driver to achieve a podium finish as a rookie.
Stroll joined Racing Point (now Aston Martin) in 2019. The team ownership connection to his father, billionaire businessman Lawrence Stroll, has prompted accusations of preferential treatment despite his demonstrable racing abilities. The 26-year-old benefits from brand partnerships with companies such as BOSS.
4. Carlos Sainz
Team: Williams
Net worth: £39.25 million
Spanish driver Carlos Sainz entered Formula 1 with Toro Rosso in 2015 and subsequently enjoyed successful periods with teams including Renault and McLaren. He joined Ferrari in 2021 but transitions to Williams for the 2025 season.
In 2024, Sainz ranked as the ninth highest-paid Formula 1 driver, earning £14.92 million before accounting for taxes and representation. The 30-year-old maintains a profitable sponsorship portfolio featuring brands such as PlayStation and Shiseido Men.
3. Max Verstappen
Team: Red Bull Racing
Net worth: £170.35 million
Dutch phenomenon Max Verstappen debuted in 2015 with Scuderia Toro Rosso at age 17, becoming the youngest-ever Formula 1 competitor at that time. His extraordinary rookie season led to promotion with Red Bull Racing in 2016, where at 18 he became the youngest driver to win a Formula 1 race.
Verstappen secured his first world championship in 2021, establishing himself among the sport’s elite competitors. He subsequently claimed the title again in 2022, 2023, and 2024. Verstappen commanded the highest salary in Formula 1 during 2024, earning £58.88 million before taxes.
His wealth is enhanced by substantial endorsement arrangements with premium brands including Heineken, EA Sports, and Oracle.
2. Fernando Alonso
Team: Aston Martin
Net worth: £204.1 million
Two-time world champion Fernando Alonso entered Formula 1 in 2001 with Minardi. Throughout his extensive career, the Spanish driver has competed with numerous teams including Renault, McLaren, and Ferrari. He joined Aston Martin in 2023 after departing Alpine.
Alonso ranked as the fourth highest-paid Formula 1 driver in 2024, earning £21.59 million before accounting for taxes and representation. That season, he extended his Aston Martin contract through 2026.
Throughout his career, Alonso has enhanced his financial portfolio through endorsement arrangements with premium brands including Adidas and Tag Heuer.
1. Lewis Hamilton
Team: Ferrari
Net worth: £355.6 million
British racing icon Lewis Hamilton ranks among Formula 1’s greatest competitors. He debuted with McLaren in 2007, narrowly missing the World Championship during his rookie season before capturing the title the following year, becoming the youngest Formula 1 world champion at that time.
After successful seasons with McLaren, Hamilton transferred to Mercedes in 2013, securing six additional World Championship titles and confirming his status as an exceptional talent. Last year, he commanded Formula 1’s second-highest salary at £44.75 million with Mercedes.
At 40 years old, Hamilton transferred to Ferrari for the 2025 season—a move that stunned the motorsport community upon announcement. His new contract reportedly provides approximately £78.5 million annually. Additionally, Hamilton profits from partnerships with premium brands including Bose and Monster Energy.
