Revealed: The Insane Amount of Earnings That Have Propelled Lewis Hamilton’s Net Worth to $300 Million Mark

The thing about athletes like Lewis Hamilton that differentiates them from the rest is that they set such a high standard of results that anything below a win is termed as a disappointment. But in Hamilton’s case this year, everybody seemed to agree that he had one of the best seasons of his career.

And despite not being able to add his eighth and record-breaking championship to his mountain of achievements, the Mercedes driver added a lot of digits to his earnings.

In 2021, Lewis Hamilton earned a massive $70 million from Formula 1 in terms of salary and bonuses. And an additional $12 million from sponsorships.

This meant that the total earnings of $82 million made sure that for the first time in his career, Lewis Hamilton’s estimated net worth crossed over the mark of a quarter of a billion dollars.

Now with a net worth of $300 million, Hamilton is the eighth highest-paid athlete in the world.

But in 2022, Lewis Hamilton might earn less compared to 2021.

How much will Lewis Hamilton earn in salary in 2022?

In 2021, Lewis Hamilton agreed to a two-year contract extension. This saw him earn a salary of $55 million (excluding bonuses) as reported by Forbes. But in his final year of the contract, the one he is currently on, it is reported that Hamilton’s salary will take a dip.

According to a report, the Mercedes driver will earn $40 million in salary in 2022.

It’s also worth pointing out that the 2021 champion Max Verstappen retains his $25 million paycheck.

The reason for the pay cut in salary of the seven-time world champion could be the fact that he is edging towards the end of his career. But also because of the cost cap that F1 introduced in 2021.

Yet it’s not as if Lewis Hamilton doesn’t have an income flow from outside the sport.

He is undeniably one of the biggest names in the global sports landscape, and his magnanimous achievements have already made sure that he’ll remain an incredibly marketable name for years to come.

Also Read: Ex-F1 Driver Warns Other Teams of Lewis Hamilton ‘Regret’ Amidst Retirement Rumours