How Much Money Does Lewis Hamilton Make

Lewis Hamilton

Lewis Hamilton net worth 2021: Salary and sponsorship deals of an F1 champion

Thursday 21 January 2021 07:00 - Updated: 14:16

Seven-time world champion Lewis Hamilton has solidified his position as one of the wealthiest sports stars in the UK as he topped the Rich List for 2020, amassing a fortune of over £200m.

How much is Lewis Hamilton worth? Well, becoming one of the greatest drivers in history has been lucrative business for him, with £40 million-per-year deal making him the best-paid driver on the grid a new contract on the horizon.

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How much is Hamilton's deal with Mercedes worth?

Hamilton's contract reportedly pays him £40 million a year, a significant rise from his previous deal, which was worth £33 million per season. he successfully negotiated a one-year contract extension for the 2021 season with Mercedes, with every expectation he will sign another deal next year.

Lewis Hamilton sponsorship deals

Hamilton has endorsement or sponsorship deals that match some of the biggest names in sport, such as footballers Lionel Messi, who plays for Barcelona, or Neymar, who stars for PSG.

Hamilton has deals with the following brands:

- IWC (watch manufacturer)

- Monster Energy Drinks

- L'Oreal

- Bose

- Puma

- MV Agusta Motorcycles

- Bombardier Recreational Products

- Sony

- Gran Turismo

Forbes recently estimated that a combination of these brands netted Hamilton an additional £15 million on top of his Mercedes salary in 2019.

As he begins to branch out further into the worlds of music and fashion, collaborating with Tommy Hilfiger and Christina Aguilera, this figure is expected to rise.

All of the above means that Hamilton's net worth is estimated to be a staggering £224m, ranking him as the wealthiest ever active sportsperson on the Sunday Times Rich List.

Lewis Hamilton parents

Lewis Hamilton was born in Stevenage, England. Hamilton's parents separated when he was just two and he lived with his mother Carmen and his half-sisters until the age of 12. He then lived with his dad Anthony, his stepmother and his half-brother Nicolas.

Hamilton's dad was a driving force in his involvement in F1 and was his manager until 2010, having supported him financially through the racing ranks.

Lewis Hamilton... girlfriend?

Lewis Hamilton recently discussed his 'inability' to find a girlfriend due to the depth of his commitments with Formula 1. Hamilton has in the past been linked to Rita Ora and Nicole Scherzinger but he is currently unattached.

At the beginning of the 2021 season he stressed that how difficult it was to find love due to F1's grueling schedule.

Lewis Hamilton Instagram

Hamilton is an active Instagram user and regularly posts content around race weekend and his private life. He has been vocal on a number of causes, including the environment, and is a converted vegan. He also admitted that he no longer consumes alcohol.

His Instagram handle is: https://www.instagram.com/lewishamilton/?hl=en

His Twitter handle is: https://twitter.com/LewisHamilton

Lewis Hamilton's F1 world championships

Hamilton made his F1 debut in 2007. He made an immediate impact, pushing Kimi Raikkonen and team-mate Fernando Alonso all the way in his first season, eventually losing the title to Raikkonen by a single point.

He made amends the following year however, collecting his maiden title with a memorable last-lap overtake on Timo Glock at the Brazilian Grand Prix. Brazilian Felipe Massa may have won the race, but Hamilton took the title by a point..

It was upon joining Mercedes that Hamilton's career trajectory went stratospheric, triumphing in 2014, 2015, 2017, 2018 and in 2019 to move second on the all-time list. He then cruised to the 2020 title to draw level with the legendary Michael Schumacher on seven world championship wins. Who would bet against him breaking the record in 2021?