Lewis Hamilton saw his earnings skyrocketed between the 2017 and 2018 Formula One seasons. However, his earnings have taken a huge hit, when he slipped well down the order in Forbes’ list of richest athletes in the world. His rival, Sebastian Vettel [https://www.essentiallysports.com/tag/sebastian-vettel/] was the only other F1 candidate on the list. Back in 2018, Lewis Hamilton was just shy of the top 10, when he was ranked 12th on the list. However, this time around, the 5-time Formula One world champion drops a place to 13th. According to Forbes, Hamilton’s earnings reached $55million in 2018, solely consisting of his annual salary from Mercedes. Meanwhile, Vettel’s endorsements rank among the lowest on the whole list, a situation similar to last year. Forbes estimated that his extra income amounted to just $300K, in addition to a salary of $40m. Currently, Lewis Hamilton is tied with boxer Anthony Joshua [https://en.wikipedia.org/wiki/Anthony_Joshua] in 13th place. In other words, he is no longer the highest paid British athlete, but has to share the distinction. However, his rank may change for the better in 2020, as he signed a new contract with Mercedes. Reports state that Hamilton’s salary jumped to $50m with his new deal for the 2020 season. Lewis Hamilton [http://www.essentiallysports.com/wp-content/uploads/Vettel-vs-Hamilton.jpg]Lewis Hamilton and Sebastian Vettel are flying the flag for motor racing Coming to Vettel, he was earlier lying in 18th in the 2018 Forbes list, but has fallen even further now. The German finds himself languishing in 30th place in 2019, especially with salaries of American sports stars rising. Meanwhile, at the top, Argentina football star, Lionel Messi [https://www.essentiallysports.com/tag/lionel-messi/] reclaims top spot from Floyd Mayweather Jr. The boxer had his Las Vegas mega fight with Conor McGregor to thank for sealing number 1. However, Mayweather Jr has dropped out of the leading places on the Forbes list. Boxer Saul ‘Canelo’ Alvarez, NFL stars Russell Wilson, Aaron Rodgers and Ben Roethlisberger and golfing icon Tiger Woods also claw their way into the top 10. Al of these athletes have leapfrogged Lewis Hamilton in the standings. The two F1 rivals are the sole motor racing representatives in the top 100, with Fernando Alonso dropping out compared to 2018. [http://www.essentiallysports.com/wp-content/uploads/hamilton-and-vettel.jpg] 

Dhruv George is a Senior NASCAR Author at EssentiallySports, with an impressive record of over 14K articles. From F1 driver Pierre Gasly to Moto2 rider Tony Arbolino, Dhruv has interviewed several racers, establishing himself as an authoritative voice in the world of motorsports. He not only writes engaging content but helps connect readers with some of the biggest racing names thanks to his ability to churn out exclusive interviews.

Dhruv's ambition extends beyond writing, as he aspires to host a successful motorsports podcast with some of the biggest stars in the industry, like Kyle Busch and Denny Hamlin. When he's not writing about Stock Car Racing, he can be found reading and writing fan fiction.

Dhruv George

Dhruv George is a Senior NASCAR Author at EssentiallySports, with an impressive record of over 14K articles. From F1 driver Pierre Gasly to Moto2 rider Tony Arbolino, Dhruv has interviewed several racers, establishing himself as an authoritative voice in the world of motorsports. Dhruv's ambition extends beyond writing, as he aspires to host a successful motorsports podcast with some of the biggest stars in the industry, like Kyle Busch.

Dhruv George | Senior NASCAR Author at EssentiallySports

EssentiallySports

https://www.staging.essentiallysports.com/wp-content/uploads/es_circle_black_logo.png

Dhruv George is a Senior NASCAR Author at EssentiallySports, with an impressive record of over 14K articles. From F1 driver Pierre Gasly to Moto2 rider Tony Arbolino, Dhruv has interviewed several racers, establishing himself as an authoritative voice in the world of motorsports. He not only writes engaging content but helps connect readers with some of the biggest racing names thanks to his ability to churn out exclusive interviews. Dhruv's ambition extends beyond writing, as he aspires to host a successful motorsports podcast with some of the biggest stars in the industry, like Kyle Busch and Denny Hamlin. When he's not writing about Stock Car Racing, he can be found reading and writing fan fiction.

https://image-cdn.essentiallysports.com/wp-content/uploads/Dhruv-George-1-96x96.png

Dhruv George is a senior Formula One and NASCAR analyst for EssentiallySports,
having authored nearly 12000 articles spanning different sports like F1, NASCAR,
Tennis, NFL, and eSports. He graduated with a PG Diploma in Journalism from the
Xavier Institute of Communications. Dhruv has also conducted interviews with F1
driver Pierre Gasly and Moto2 rider Tony Arbolino. He has been an ardent
follower of motorsports sport since 2001, holding Carlos Sainz Jr. and McLaren
in high regard.

https://image-cdn.essentiallysports.com/wp-content/uploads/Dhruv_George.png

Lewis Hamilton 2019 - EssentiallySports

Lewis Hamilton 2019

https://secure.gravatar.com/avatar/3fb41ac59af525756517c33d527a5c3a?s=96&d=mm&r=g

Dev Tyagi

figcaption

figure

Lewis Hamilton and Sebastian Vettel Take a Tumble in Forbes List

Defeated in Season-Debut, Sha’Carri Richardson Set for Next Race While Jamaicans
Are Still Absent

Despite Trading Zach Wilson, Sean Payton Rumored to “Throw Away” Broncos’ 2024
to Secure Shedeur Sanders as Russell Wilson’s Replacement

Adopted Simone Biles Freaked out Gymnastics Team After Announcing Family’s
Complicated Scenario: “Those Are My Grandparents”

“Ricky Starks and”: Triple H Reportedly Set to Sign Three Top AEW Talents From
Tony Khan Following Dynasty

Adopted Simone Biles Opens on Unusual Family Situation: “My Biological Mom Is
Also My Dad’s Daughter”

Delving into the business intricacies of the sports world ft. Chloe V. Mitchell

Exclusive unheard NBA stories with dunk master Austin Fritts

3 Time Mr. Olympia Frank Zane- The Chemist who made Arnold Schwarzenegger cry


MILLION DOLLAR BLING, Saudi Arabian Glory, World Title and More  Ft. Impa Kasanganay

F1 Archives

LatestF1 - EssentiallySports News | EssentiallySports

[caption id="attachment_503978" align="alignnone" width="1920"]<img class="size-full wp-image-503978" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20210105150751/2020-12-12T135338Z_1757171778_UP1EGCC12LEOC_RTRMADP_3_MOTOR-F1-ABUDHABI.jpg" alt="Ferrari driver Charles Leclerc during the Abu Dhabi GP practice" width="1920" height="1243" /> Formula One F1 - Abu Dhabi Grand Prix - Yas Marina Circuit, Abu Dhabi, United Arab Emirates - Ferrari's Charles Leclerc in action during qualifying Pool via REUTERS/Giuseppe Cacace[/caption]
<h2>Ferrari: 2021 Latest News, Results, Drivers and Car Updates</h2>
Scuderia Ferrari is one of the oldest teams in Formula 1, having been in the sport since its inception. In 70 years, the Maranello-based outfit has produced nine World Champions, three of which have won multiple times.

The most successful champion has been <a href="https://www.essentiallysports.com/tag/michael-schumacher/">Michael Schumacher</a> with five titles for the Italian outfit. Other champions include Alberto Ascari, Juan Manuel Fangio, Mike Hawthorne, Phil Hill, John Surtees, Niki Lauda, Jody Scheckter, and <a href="https://www.essentiallysports.com/tag/kimi-raikkonen/">Kimi Raikkonen</a>.

Their current line-up for the 2021 season consists of <a href="https://www.essentiallysports.com/tag/carlos-sainz/">Carlos Sainz jr.</a> and <a href="https://www.essentiallysports.com/tag/charles-leclerc/">Charles Leclerc</a>. Leclerc is a graduate from the Ferrari Driver?s Academy and made his Ferrari debut in 2019. Carlos comes from McLaren F1 team where Daniel Ricciardo will replace him.

The current Team Principal is Mattia Binotto, and the CEO is Louis Camilleri, who succeeded the late Sergio Marchionne. Marchionne passed away in 2018 aged 66.
<h2>Who owns the Ferrari F1 team?</h2>
The Scuderia is a part of its parent organization - Ferrari S.p.A. The legendary car manufacturer is owned by the public with a majority stake (67.09%), followed by Exor - a holdings company (22.91%) and Piero Ferrari - son of the great Enzo Ferrari (10.00%).
<h2>Ferrari: On-track Achievements</h2>
Having been in the sport since 1950, it is fairly obvious that their achievements will be plenty. Their statistics prove it too, as they have earned 16 Constructors' Championships in total. They have also entered 1010 GPs, winning 237 and scoring 768 podium finishes. They have also clinched 228 pole positions.
<h2>Sponsors</h2>
Their title sponsor is Mission Winnow. Other sponsors include Shell, Ray-Ban, Kaspersky, UPS, Hublot, Mahle, and OMR.
<h2>How much does Ferrari earn from F1?</h2>
Apart from heritage, the legendary team manages to evoke an emotional connection like no other Formula 1 team. The nostalgia and passion associated with the Maranello-based outfit, coupled with a passionate fanbase, comes at a price for Formula 1.

The Prancing Horse earns a considerably larger sum in revenue compared to its F1 rivals. According to reports, they <a href="https://www.racefans.net/2019/03/03/formula-1-teams-prize-money-payments-for-2019-revealed/" target="_blank" rel="noopener noreferrer">earned</a> $205 million in 2019 as prize money. Furthermore, the Italian powerhouse is reportedly valued at $1350 Million and generated a <a href="https://www.forbes.com/sites/chrissmith/2019/11/26/formula-one-team-values-ferrari-mercedes/?sh=66e8a69f1ddb" target="_blank" rel="noopener noreferrer">revenue</a> of $426 Million for the 2019 season.
<h2>How much is the Ferrari F1 team worth?</h2>
The Scuderia boasts of the highest net worth of all F1 teams. <a href="https://www.forbes.com/sites/chrissmith/2019/11/26/formula-one-team-values-ferrari-mercedes/#673c8bc91ddb" target="_blank" rel="noopener noreferrer">Reports suggest</a> that it is worth a staggering $1.3 billion.
<h2>Best Moments of Ferrari F1 team</h2>
<h2 style="text-align: left">Foundations and Charity</h2>
They often auction off special F1-liveried cars for the sake of charity. Proceeds raised from the auction support the Telethon Foundation, which has been committed to fostering and developing scientific research for cures of rare genetic diseases since 1990.

In March 2020, the family behind the team donated ?10 Million and 150 ventilators to aid in the fight against coronavirus.
<table>
<tbody>
<tr>
<td width="301"><strong>Founded</strong></td>
<td width="301">1929</td>
</tr>
<tr>
<td width="301"><strong>Founder</strong></td>
<td width="301">Enzo Ferrari</td>
</tr>
<tr>
<td width="301"><strong>Constructors Championships</strong></td>
<td width="301">16</td>
</tr>
<tr>
<td width="301"><strong>Drivers Champion</strong></td>
<td width="301">Alberto Ascari, Juan Manuel Fangio, Mike Hawthorn, Phil Hill, John Surtees, Niki Lauda, Jody Scheckter, Michael Schumacher, Kimi R?ikk?nen</td>
</tr>
<tr>
<td width="301"><strong>Drivers Championships</strong></td>
<td width="301">15</td>
</tr>
<tr>
<td width="301"><strong>Prize Money Won</strong></td>
<td width="301">$205 Million (2019)</td>
</tr>
<tr>
<td width="301"><strong>Base</strong></td>
<td width="301">Maranello</td>
</tr>
<tr>
<td width="301"><strong>Official Website</strong></td>
<td width="301"><a href="https://www.ferrari.com/en-EN/formula1">https://www.ferrari.com/en-EN/formula1</a></td>
</tr>
<tr>
<td width="301"><strong>Drivers</strong></td>
<td width="301">Carlos Sainz Jr, Charles Leclerc</td>
</tr>
<tr>
<td width="301"><strong>Test Drivers</strong></td>
<td width="301">Callum Illott</td>
</tr>
<tr>
<td width="301"><strong>Engine</strong></td>
<td width="301">Ferrari</td>
</tr>
<tr>
<td width="301"><strong>Tires</strong></td>
<td width="301">Pirelli</td>
</tr>
</tbody>
</table>

Ferrari

Formula One F1 &#8211; Abu Dhabi Grand Prix &#8211; Yas Marina Circuit, Abu Dhabi, United Arab Emirates &#8211; Ferrari&#8217;s Charles Leclerc in action during qualifying Pool via REUTERS/Giuseppe Cacace Ferrari: 2021 Latest News, Results, Drivers and Car Updates Scuderia Ferrari is one of the oldest teams in Formula 1, having been in the sport since its inception. In 70 years, the Maranello-based outfit has produced nine World Champions, three of which have won multiple times. The most successful champion has been Michael Schumacher with five titles for the Italian outfit. Other champions include Alberto Ascari, Juan Manuel Fangio, Mike Hawthorne, Phil Hill, John Surtees, Niki Lauda, Jody Scheckter, and Kimi Raikkonen. Their current line-up for the 2021 season consists of Carlos Sainz jr. and Charles Leclerc. Leclerc is a graduate from the Ferrari Driver?s Academy and made his Ferrari debut in 2019. Carlos comes from McLaren F1 team where Daniel Ricciardo will replace him. The current Team Principal is Mattia Binotto, and the CEO is Louis Camilleri, who succeeded the late Sergio Marchionne. Marchionne passed away in 2018 aged 66. Who owns the Ferrari F1 team? The Scuderia is a part of its parent organization &#8211; Ferrari S.p.A. The legendary car manufacturer is owned by the public with a majority stake (67.09%), followed by Exor &#8211; a holdings company (22.91%) and Piero Ferrari &#8211; son of the great Enzo Ferrari (10.00%). Ferrari: On-track Achievements Having been in the sport since 1950, it is fairly obvious that their achievements will be plenty. Their statistics prove it too, as they have earned 16 Constructors&#8217; Championships in total. They have also entered 1010 GPs, winning 237 and scoring 768 podium finishes. They have also clinched 228 pole positions. Sponsors Their title sponsor is Mission Winnow. Other sponsors include Shell, Ray-Ban, Kaspersky, UPS, Hublot, Mahle, and OMR. How much does Ferrari earn from F1? Apart from heritage, the legendary team manages to evoke an emotional connection like no other Formula 1 team. The nostalgia and passion associated with the Maranello-based outfit, coupled with a passionate fanbase, comes at a price for Formula 1. The Prancing Horse earns a considerably larger sum in revenue compared to its F1 rivals. According to reports, they earned $205 million in 2019 as prize money. Furthermore, the Italian powerhouse is reportedly valued at $1350 Million and generated a revenue of $426 Million for the 2019 season. How much is the Ferrari F1 team worth? The Scuderia boasts of the highest net worth of all F1 teams. Reports suggest that it is worth a staggering $1.3 billion. Best Moments of Ferrari F1 team Foundations and Charity They often auction off special F1-liveried cars for the sake of charity. Proceeds raised from the auction support the Telethon Foundation, which has been committed to fostering and developing scientific research for cures of rare genetic diseases since 1990. In March 2020, the family behind the team donated ?10 Million and 150 ventilators to aid in the fight against coronavirus.  Founded 1929  Founder Enzo Ferrari  Constructors Championships 16  Drivers Champion Alberto Ascari, Juan Manuel Fangio, Mike Hawthorn, Phil Hill, John Surtees, Niki Lauda, Jody Scheckter, Michael Schumacher, Kimi R?ikk?nen  Drivers Championships 15  Prize Money Won $205 Million (2019)  Base Maranello  Official Website https://www.ferrari.com/en-EN/formula1  Drivers Carlos Sainz Jr, Charles Leclerc  Test Drivers Callum Illott  Engine Ferrari  Tires Pirelli

Ferrari Archives

LatestFerrari - EssentiallySports News | EssentiallySports

title

link

twitter:card

twitter:creator

twitter:site

twitter:label1

twitter:data1

script

<strong>History</strong>

The Formula One World Championship first started back in 1950. The very first F1 champion was Italy's Guiseppe Farina who raced for Alfa Romeo.

The sport has had 33 different champions in its history and a few of them are multiple championship winners. Currently, the driver with the most championships is <a href="https://www.essentiallysports.com/tag/michael-schumacher/">Michael Schumacher</a> with 7 under his belt. However, <a href="https://www.essentiallysports.com/category/f1/mercedes">Mercedes</a> driver <a href="https://www.essentiallysports.com/tag/lewis-hamilton/">Lewis Hamilton</a> will be eager to overhaul that. Hamilton currently holds 6 World Championships and stands on the cusp of equalling Michael Schumacher's record at the end of the season.

[caption id="attachment_394613" align="alignnone" width="1920"]<img class="wp-image-394613 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20200929180846/2020-09-27T125344Z_1587606816_UP1EG9R0ZTK0Z_RTRMADP_3_MOTOR-F1-RUSSIA-1-1.jpg" alt="Lewis Hamilton Racing In The Russian GP" width="1920" height="1185" /> Formula One F1 - Russian Grand Prix - Sochi Autodrom, Sochi, Russia - Mercedes' Lewis Hamilton in action during the race. Pool via REUTERS/Yuri Kochetkov[/caption]

Hamilton and Mercedes are the defending Champions with the pair's dominance unlikely to end anytime soon.

<img class="alignnone size-full wp-image-99263" src="http://www.essentiallysports.com/wp-content/uploads/2016/01/F1-logo-f.png" alt="Formula One" width="2048" height="1536" />

For a long time, Bernie Ecclestone was the F1 supremo, having founded the Formula One Group. He?spent 40 years as chief executive of the company after gaining control of the commercial rights.

But in 2017, he stepped down and ownership was handed to Liberty Media who have been taking care of F1 since then. To herald their control, they even changed the F1 logo.

Chase Carey was the first F1 CEO in the 'liberty era' of F1 and will be stepping down at the end of the year. Former Ferrari team principal Stefano Domenicali will succeed the American in 2021.

<img class="alignnone size-full wp-image-126049" src="http://www.essentiallysports.com/wp-content/uploads/f1-logo-2018.jpg" alt="sports brand" width="1920" height="1080" />

The Formula One world championship is considered by many to be the pinnacle of motorsport. It has produced champions like Fangio, <a href="https://www.essentiallysports.com/tag/ayrton-senna/">Ayrton Senna</a>, <a href="https://www.essentiallysports.com/tag/alain-prost/">Alain Prost</a>, Schumacher, <a href="https://www.essentiallysports.com/tag/fernando-alonso/">Fernando Alonso</a>, Niki Lauda, Nelson Piquet, Lewis Hamilton, Kimi Raikkonen, Sebastian Vettel and many many more.
<table width="516">
<tbody>
<tr>
<td width="264"><strong>Number of Seasons</strong></td>
<td width="246">70</td>
</tr>
<tr>
<td width="264"><strong>Number of Teams</strong></td>
<td width="246">20</td>
</tr>
<tr>
<td width="264"><strong>Most Number of Driver's titles</strong></td>
<td width="246">7</td>
</tr>
<tr>
<td width="264"><strong>Most Number of Constructors Titles</strong></td>
<td width="246">16</td>
</tr>
<tr>
<td width="264"><strong>Most Wins</strong></td>
<td width="246">91</td>
</tr>
<tr>
<td width="264"><strong>Most Poles</strong></td>
<td width="246">96</td>
</tr>
</tbody>
</table>

Formula One

History The Formula One World Championship first started back in 1950. The very first F1 champion was Italy&#8217;s Guiseppe Farina who raced for Alfa Romeo. The sport has had 33 different champions in its history and a few of them are multiple championship winners. Currently, the driver with the most championships is Michael Schumacher with 7 under his belt. However, Mercedes driver Lewis Hamilton will be eager to overhaul that. Hamilton currently holds 6 World Championships and stands on the cusp of equalling Michael Schumacher&#8217;s record at the end of the season. Formula One F1 &#8211; Russian Grand Prix &#8211; Sochi Autodrom, Sochi, Russia &#8211; Mercedes&#8217; Lewis Hamilton in action during the race. Pool via REUTERS/Yuri Kochetkov Hamilton and Mercedes are the defending Champions with the pair&#8217;s dominance unlikely to end anytime soon. For a long time, Bernie Ecclestone was the F1 supremo, having founded the Formula One Group. He?spent 40 years as chief executive of the company after gaining control of the commercial rights. But in 2017, he stepped down and ownership was handed to Liberty Media who have been taking care of F1 since then. To herald their control, they even changed the F1 logo. Chase Carey was the first F1 CEO in the &#8216;liberty era&#8217; of F1 and will be stepping down at the end of the year. Former Ferrari team principal Stefano Domenicali will succeed the American in 2021. The Formula One world championship is considered by many to be the pinnacle of motorsport. It has produced champions like Fangio, Ayrton Senna, Alain Prost, Schumacher, Fernando Alonso, Niki Lauda, Nelson Piquet, Lewis Hamilton, Kimi Raikkonen, Sebastian Vettel and many many more.  Number of Seasons 70  Number of Teams 20  Most Number of Driver&#8217;s titles 7  Most Number of Constructors Titles 16  Most Wins 91  Most Poles 96

Formula One Archives

Formula One Archives - EssentiallySports

Lewis Hamilton

Find the latest information on Formula 1 icon Lewis Hamilton and his Net Worth, Dating History, Investments, and more on EssentiallySports