Lewis Hamilton Net Worth: How 103 Race Winner Made Millions?

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Lewis Hamilton Net Worth: Lewis Hamilton, a British Formula One racer, competes for the Mercedes AMG Petronas F1 team. He debuted in Formula One in 2007 with the Mclaren Mercedes team, driving alongside Fernando Alonso, a two-time world champion.

Lewis Hamilton is one of the most excellent Formulae One drivers. Hamilton holds the most pole positions in F1 history and is the second-most successful driver, with 75 victories. He has also won the F1 Drivers’ World Championship five times.

Lewis Hamilton’s Net Worth

The Mercedes-AMG Petronas Formula One Team’s British Formula One racing driver Lewis Hamilton has a $285 million fortune. According to the legend, Lewis Hamilton approached Ron Dennis, the head of the McLaren racing team, and said, “One day, I’d like to compete for you. One day, I hope to compete for McLaren.” Any young driver would take a lot of courage to say that.

It is courageous when someone says it is only ten years old. But three years later, he was competing as a Young Driver Support Program participant for McLaren/Mercedes-Benz, and 12 years later, he made his Formula One debut, competing for, you guessed it, McLaren.

He later broke multiple records in Formula One, including the most straight podium places from his debut, the most wins in a debut season, the most pole positions in a debut season, and the youngest driver to hold the World Championship at the age of 22 years, 4 months, and 6 days in 2007.

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He decided to quit McLaren in late 2012, and he has only raced for Mercedes-Benz ever since. Lewis Hamilton is recognized as one of the sport’s all-time most significant drivers. Lewis is one of the world’s highest-paid F1 drivers. He earns $50 million annually, with $40 million coming from his contract with Mercedes.

Lewis Hamilton Early Years

Lewis Davidson On January 7, 1985, Hamilton was born in Stevenage, Hertfordshire, England. His father Anthony is black, while his mother Carmen is white. Hamilton considers himself to be black. He lived with his mother and half-sisters till the age of twelve after his parents divorced when he was two years old. Then, Nicolas, his half-brother, and Hamilton moved in with his father.

Lewis Hamilton Net Worth
Lewis Hamilton Net Worth

At age five, Hamilton started learning karate for self-defense. He suffered bullying at school. His father gave him a radio-controlled automobile when he was six years old. Hamilton was second in the British Radio Car Association championship the following year. His father gave him a go-kart for Christmas when he was six.

Anthony Hamilton committed to supporting his budding racing career as long as his son attended school and put up much effort in academics. Lewis went to the John Henry Newman School, a catholic high school in Hertfordshire. He also participated in school soccer and football. He began attending Cambridge Arts and Sciences at the beginning of 2001.

Lewis Hamilton Career

Hamilton joined the McLaren young driver program in 1998. In 2007, McLaren hired him as an official Formula One driver. He is the sport’s first and only black racecar driver. In the 2007 season, he finished second to Kimi Räikkönen. Hamilton won the Formula One World Championship for the first time in 2008 after taking the lead in the year’s final race.

In 2013, he agreed to drive for Mercedes. Hamilton began to win additional World Championships in 2014, including consecutive victories in 2014 and 2015. For the second time in his career, Hamilton won back-to-back championships in 2017 and 2018 and then once more in 2019.

As of this writing, he has won six World Championships. Only seven-time World Drivers’ Champion Michael Schumacher has more victories than him. During New York Fashion Week in 2018, Tommy Hilfiger, an American fashion designer, and models Winnie Harlow and Hailey Baldwin helped Hamilton debut his apparel line, TOMMYXLEWIS.

Lewis Hamilton has courted controversy throughout his career for both actions on the track and comments off of it. He receives much media attention, and his statements are frequently carefully considered. He endured racial taunts from sure Spanish fans while competing in Spain. Hamilton’s intense rivalry with Fernando Alonso, a Spanish driver, led several of Hamilton’s countrymen to hurl insults at him.

He acknowledges that his intense competitiveness occasionally led to conflict with other drivers. Before the German Grand Prix of 2018, Hamilton and Mercedes agreed to a two-year contract extension. It was said to be valued at close to $50 million yearly.

In honor of Black Lives Matter, Hamilton said in June 2020 that he would compete in a brand-new, all-black Mercedes. Hamilton has made a point of criticizing the lack of diversity in Formula One competition. The Black Arrow, a Hamilton-designed vehicle made its debut in Austria over the July 4th weekend when the sluggish Formula One season finally got underway.

Lewis Hamilton Salary Highlights

Lewis Hamilton made almost $50 million in endorsement and prize money between June 2016 and June 2017. He made $51 million from June 2017 to June 2018. He made $55 million over the ensuing 12 months. Hamilton was the richest sports figure in Britain in 2015. He receives the highest salary of any Formula One driver in history.

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