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Astonishingly, Lewis Hamilton, a British race car driver, has a net worth of almost $285 million as per celebritynetworth in 2023. He has equaled the iconic Michael Schumacher’s record of seven World Drivers’ Championship victories, a significant accomplishment in Formula One.
Many records, including the most victories (103), pole positions (103), and podium finishes (183), are just a few that illustrate Hamilton’s amazing career.
A tremendously successful time for Hamilton began with the introduction of turbo-hybrid engines in 2014, during which he won six more driver’s championships.
Lewis Hamilton Salary
Lewis Hamilton is now the highest-paid driver in Formula One history after signing a three-year, more than $120 million contract with the Mercedes F1 team.
As stipulated in his contract, Hamilton is paid every month. A performance-based incentive from Mercedes is also due to him; it depends on how many podium finishes he earns in a calendar year.
- 12 Podium Finishes $10 Million Bonus Salary
- 9 Podium Finishes $8 Million Bonus Salary
- 6 Podium Finishes $6 Million Bonus Salary
- 5 Podium Finishes $5 Million Bonus Salary
- 3 Podium Finishes $2 Million Bonus Salary
Lewis Hamilton Automobiles
Lewis Hamilton has a sizable collection of sports cars in his garage, including the following:
- Lamborghini Aventador – $1 Million USD
- Ferrari 812 – $950,000 USD
- Porsche 911 – $280,000 USD
- McLaren 720S – USD 1 Million
Lewis Hamilton’s Luxurious Watch Collection
- Hermes– USD 30,000
- Girard Perregaux – $160,000 USD
- Zenith – USD 135,000
- Harry Winston – USD 90,000
- Ulysse Nardin – $250,000 USD
Lewis Hamilton’s expenditures are not just limited to cars; he also invests in yachts and properties. One of his prized possessions is a 90-foot Sunseeker yacht worth $4 million, often spotted docked in Monaco.
In 2022, he reportedly arrived on this yacht at a race track in Monaco. Hamilton also partied aboard the 270-foot Alfa Nero yacht in Monaco in 2017.
In addition to his yachts, the Mercedes star owns four publicly known properties, including a $43 million penthouse in New York, a $24 million mansion in London, and homes in Geneva and Monte Carlo, which he adores. Although he had previously owned a private jet worth $22.5 million, he sold it in 2019.
Lewis Hamilton’s racing career began in the British Formula Renault Winter Series in 2001, which led to his participation in the 2002 Formula Renault UK Campaign with Manor Motorsport. His third-place finish in the campaign showcased his talent and potential as a young driver.
Hamilton’s impressive performance in Formula Three led him to join ART Grand Prix in 2006. He made his Formula One debut in 2007 at the Australian Grand Prix, finishing in second place. In subsequent races at Bahrain and Barcelona, he finished in second place again.
In the 2011 season, Hamilton achieved his first win at the Chinese Grand Prix and secured another victory in Abu Dhabi. Later in 2012, he joined the Mercedes Benz Works Team.
Hamilton’s second-place finish in the Australian Grand Prix and win at the British Grand Prix in the 2016 season, followed by wins in Malaysia and Japan, strengthened his position in the World Championship.
Despite needing to win the Abu Dhabi Grand Prix to become World Champion in 2016, he ultimately lost to Rosberg. In the 2017 season, he secured his first title win at the Spanish Grand Prix after winning the Chinese Grand Prix and finishing in second place at the Australian Grand Prix. Lewis Hamilton’s net worth is $285 million as of March 2023.
Hamilton Immediately Identified Issues With W14 Mercedes
Lewis Hamilton said he anticipated a challenging season for Mercedes when he first drove the W14 car. The team started pre-season testing with optimism due to the progress made with the car, which Trackside Engineering Director Andrew Shovlin described as “much calmer” than its predecessor, the W13.
Despite fixing the problem that previously affected handling in high-speed corners, the car still has difficulties getting into the correct setup window.
According to Hamilton, the team prioritized addressing the bouncing issue, which often masked other setup problems. He stated that not dealing with that problem is a “huge plus.”
Hamilton said he would not use those words for now when asked about his teammate George Russell’s “bullish” attitude.
Hamilton acknowledged that Mercedes was not where they wanted to be at the start of the season but expressed his belief in the team’s ability to turn things around.
He praised the team’s focus, courage, and dedication to returning to the top. Despite the challenges ahead, Hamilton remains optimistic, stating that Mercedes is a multi-Championship winning team and believes in them.