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Lewis Hamilton Tipped to Reach Billionaire Status Like Team Boss Toto Wolff as $6,000,000 Investment Crowned a Masterstroke

Published 04/15/2023, 12:00 PM EDT

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via Reuters

A very young Lewis Hamilton sitting in his orange jumper wondered in front of the camera about Formula 1. He said, “Imagine being in a Formula 1 car, must be very powerful.” That little boy from Stevenage went on to claim almost every record in the book, with seven championships to his name. However, what seemed impossible yesterday has manifested beautifully for the man, as he is one of the richest active athletes in the world. And if the trajectory moves at the same pace, his latest Denver Broncos venture may see him join Mercedes Boss Toto Wolff in an elite club.

Toto Wolff himself joined the likes of Tiger Woods and Michael Jordan among people from the sporting world who are now crowned as billionaires. Yes, the figure with a whooping nine zeroes is their current net worth as per Forbes’ latest Sports Billionaire list. In the episode Formula One’s Most Expensive Dilemma, the hosts of The VF1 Show with VF and Vincenzo, the discussion of who follows through with the billionaire tag if we were to look at the drivers.

via Reuters

Knowing that Toto has already reached there, the host asks, “When do we have the first F1 driver billionaire?” And the discussion led to one obvious answer. They said, “I think Lewis Hamilton is definitely on his way for that billionaire status. Some point down the road. He has made some savvy investments. You know he is involved in an NFL team. We know how those valuations go.”

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While the success of the Briton seems to be coming from his versatile set of adventures, his time at F1 and Mercedes hasn’t been an ideal one. Especially after his teammate’s arrival.

Lewis Hamilton being challenged from within the Mercedes clan

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Lewis Hamilton is the second oldest driver on the grid. While the man has a record-equaling number of WDCs, the bad spell at Mercedes doesn’t seem to end. To add to that, he now has a teammate who has been constantly challenging him. Former British racing driver and F1 Pundit probably know why.

via Reuters

Herbert said, “The biggest difference now is that the majority of the young generation of great drivers on the grid have something that Lewis has never been comfortable with and want to put all their energies in, which is the sim stuff,” said Herbert. “It adds a sixth sense. George has been able to challenge him and put him under a lot of pressure. George is going to be tough for Max Verstappen when he gets the right car. I think Lando Norris is the same given the right car.”

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Written by:

Anmol

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Anmol is an F1 writer at EssentiallySports. With a background in journalism and a passion for motorsports, she brings a unique perspective to her coverage of the world of F1. Anmol's interest in the sport was piqued after watching Lewis Hamilton's interview with David Letterman, and she has been a dedicated follower ever since.
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Edited by:

Varunkumaar Chelladurai