Lewis Hamilton
SALARY AND CONTRACT

White Ferrari F1 Logo
Ferrari
241 PTS
#44
Last Updated: 25 October 2026
$60m
BASE SALARY
0.0%
2nd highest paid on the grid
$70m
POTENTIAL INCOME
15.7%
End of 2027
CONTRACT THROUGH
$720.94m
CAREER EARNINGS
Highest career pay on the grid
Confirmed for 2027High Security2nd Highest Paid3rd in Points
Verified
Reported
Estimated
Calculated
Base SalaryProjectedUSD
$0$16.5m$33m$49.5m$66mProjected200720112015201920232027

Sort Columns To Compare Seasons

20 Seasons

Base Salary By Season
2026Ferrari
Ferrari$60m412413
2025Ferrari
Ferrari$60m401566
2024Mercedes
Mercedes$55m392237
2023Mercedes
Mercedes$55m382343
2022Mercedes
Mercedes$55m372406
2021Mercedes
Mercedes$55m363882
2020Mercedes
Mercedes$40m353471
2019Mercedes
Mercedes$35m344131
2018Mercedes
Mercedes$34.7m334081
2017Mercedes
Mercedes$36.15m323631
2016Mercedes
Mercedes$35.42m313802
2015Mercedes
Mercedes$27.74m303811
2014Mercedes
Mercedes$26.57m293841
2013Mercedes
Mercedes$26.56m281894
2012McLaren
McLaren$20.56m271904
2011McLaren
McLaren$22.27m262275
2010McLaren
McLaren$21.21m252404
2009McLaren
McLaren$18m24495
2008McLaren
McLaren$16m23981
2007McLaren
McLaren$500k221092

Lewis Hamilton Salary 2026 in His Second Ferrari Year

Lewis Hamilton’s base salary at Ferrari is $60m in 2026, second only to Max Verstappen’s $70m on the grid. Bigger numbers in the Italian press fold in bonuses and personal agreements, so they describe his whole package rather than what Ferrari pays him to race.

His base has stayed in the $55m-60m range every season since 2021, and at 41 he still collects about $2.61m for each of the 23 Grands Prix.

F1 drivers salaries 2026 racingnews365.com

Lists Hamilton's $60m base salary for 2026 in a grid-wide survey that excludes bonuses and sponsorship.

Formula 1's Highest-Paid Drivers 2025 forbes.com

Puts his 2025 pay at $70m plus a $500k bonus, higher than the $60m base other surveys give for the same Ferrari deal.

F1, la classifica degli stipendi: quanto guadagnano Kimi, Hamilton, Verstappen e... | Gazzetta.it gazzetta.it

The headline figure includes bonuses and personal deals, and the article itself gives a €40m ($45.6m) base.

F1 Driver Salaries Lewis Hamilton has now entered the room gpfans.com

Keeps his current pay at $60m and expects a rise later, although it names no agreed new salary.

Base Salary Earned in 2026$49m of $60m

82% of the way through 2026

Since this page loaded

BASE SALARY EARNED
$0Prorated Earnings Estimate
POTENTIAL INCOME
$0Prorated Earnings Estimate
CAREER EARNINGS
$697,460,000Prorated Earnings Estimate
These tickers illustrate calculated averages based on annual figures and are not actual payments.

How Bonuses Could Lift Hamilton to $70m

Hamilton is winning races again, and a season like this could add around $10m in bonuses. That would take his potential income to $70m, a big step up from the $500k bonus he received in his first year in red. His 2026 season stats put him third in the championship on 241 points after fourth place at the United States Grand Prix, and his win in Barcelona in June was his first Grand Prix victory for Ferrari.

Lewis Hamilton's Yearly Salary Broken Down

PER MONTH
$5m
PER WEEK
$1.15m
PER DAY
$164k
PER HOUR
$6,849

Lewis Hamilton’s $60m base works out at roughly $5m a month, $1.15m a week and $164k a day. Add the $10m bonus scenario and the averages rise to $5.83m a month, or $3.04m for each Grand Prix. Ferrari doesn’t pay him in neat installments like these, so read them as a sense of scale rather than real payments.

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Insider · Issue 23

01 · The Last Race

Singapore by Salary

Pos

Driver

Pts

Salary

1

Max Verstappen

Red Bull

25

$70m

2

Charles Leclerc

Ferrari

18

$34m

3

Kimi Antonelli

Mercedes

15

$3.4m

4

Lando Norris

McLaren

12

$30m

5

Oscar Piastri

McLaren

10

$13m

6

Insider+

7

Insider+

Our Take · Insider+

What Each Point Now Costs Red Bull

Ferrari Contract

2 years

Announced 1 Feb 2024
Status
Extension
Base Salary
$60m
Potential Income
$70m
Starts
2025
Ends
End of 2026
Duration
2 years
Est. Contract Value
$120m
Ferrari Contract

1 year

Announced 21 May 2026
Status
Extension
Starts
2027
Ends
End of 2027
Duration
1 year
Est. Contract Value
$60m
2027 Salary
$60m
Essentials

Lewis Hamilton

Age 41
Driver
Lewis Hamilton
Team
Ferrari
Number
#44
Nationality
British
Age
41
Manager
Lewis Hamilton Ventures
Results

241 Points

2026 Season
F1 Debut
2007
Grand Prix Starts
398
Wins
106
Podiums
208
Pole Positions
104
World Titles
7
Career Points
5259.5
Full career stats

F1 driver contracts from Max Verstappen to Lewis Hamilton formula1.com

Formula 1's rundown of how long each driver is signed for, used to check how far Hamilton's seat is covered.

Lewis Hamilton "100% clear" he will stay at Ferrari next season motorsport.com

Hamilton's own comments in May 2026 confirming that he'll stay at Ferrari for the 2027 season.

Lewis Hamilton - F1 Driver for Ferrari formula1.com

Official biography and career statistics behind his wins, poles, podiums and points.

Managers of Formula 1: The people who let drivers focus on racing gpblog.com

A January 2026 guide to F1 managers, published shortly before Marc Hynes left for Cadillac.

About Lewis Hamilton Ventures lewishamiltonventures.com

Identifies Lewis Hamilton Ventures as the organization that manages his career today.

Former Lewis Hamilton manager joins Cadillac in senior F1 role motorsport.com

Records his former manager Marc Hynes joining Cadillac in a senior F1 role in February 2026.

Lewis Hamilton's Contract and Salary at Ferrari

Ferrari announced Hamilton’s move on February 1, 2024, before he had even started his final season with Mercedes. The deal he races under began in 2025 and has a reported core term of two years, so it runs to the end of 2026.

His $60m base in both 2025 and 2026 makes those two seasons worth $120m. Bonuses sit on top and have been small so far, with $500k in 2025. Next year is already settled as well, since Hamilton confirmed in May that he’ll stay for 2027.

Is Hamilton Staying at Ferrari in 2027?

Hamilton said on May 21, 2026 that he’d race for Ferrari again in 2027, and later reports describe it as an option in his current deal being activated rather than a fresh contract. It adds one more season, to the end of 2027, worth $60m if his base carries over. A 2028 option has also been reported, but nothing about that year is settled.

Contract Length
Driver
2026
2027
2028
2029
2030
Until

Compare Your Salary To Lewis Hamilton

Put in what you earn in a year and see how long it takes Hamilton to match it.

Compare Lewis Hamilton With Any Driver

Pick another driver to see how the salary, bonus and career earnings line up against Hamilton.
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Hamilton's Earnings Across 20 Seasons in F1

Hamilton has raced in F1 every season since 2007, and his pay has grown from a $500k rookie base at McLaren to $60m at Ferrari. Each stint below sets out what he earned and what he won for it. Those earnings sit behind his estimated $580m net worth.

2025-2026

Ferrari

$60m
Red Overalls at 40
▾
POTENTIAL INCOME
$60.5m-70m
AGE
40-41
TEAM

Ferrari

Ferrari pays the same $60m base in both seasons. A $500k bonus and 156 points made 2025 a difficult first year, but 2026 has brought a far better return, with 241 points and wins again.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2026

41

$60m

$70m

241

3

2025

40

$60m

$60.5m

156

6

2021-2024

Mercedes

$55m
Top Pay in Leaner Years
▾
POTENTIAL INCOME
$55m-62m
AGE
36-39
TEAM

Mercedes

A $55m base held for four seasons as Mercedes lost its edge. The 387.5 points of 2021 earned a $7m bonus, but 2022 and 2023 paid nothing extra before two wins in 2024 brought $2m.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2024

39

$55m

$57m

223

7

2023

38

$55m

$55m

234

3

2022

37

$55m

$55m

240

6

2021

36

$55m

$62m

387.5

2

2019-2020

Mercedes

$35m-40m
Level With Schumacher
▾
POTENTIAL INCOME
$35m-40m
AGE
34-35
TEAM

Mercedes

Titles six and seven came as his base rose from $35m to $40m. His 413 points in 2019 remain a career best, and the 2020 crown matched Michael Schumacher’s record of seven championships.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2020

35

$40m

$40m

347

1

2019

34

$35m

$35m

413

1

2016-2018

Mercedes

$34.7m-36.15m
Beaten Once, Then Champion Again
▾
POTENTIAL INCOME
$34.7m-36.15m
AGE
31-33
TEAM

Mercedes

Pay jumped to $35.42m in 2016, the year Nico Rosberg beat him to the title. He answered with championships in 2017 and 2018, the second with 408 points, while his base stayed close to $35m.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2018

33

$34.7m

$34.7m

408

1

2017

32

$36.15m

$36.15m

363

1

2016

31

$35.42m

$35.42m

380

2

2013-2015

Mercedes

$26.56m-27.74m
The Move That Paid Off
▾
POTENTIAL INCOME
$26.56m-27.74m
AGE
28-30
TEAM

Mercedes

Leaving McLaren lifted his base to $26.56m, and Mercedes soon gave him a car to match. Back-to-back titles followed in 2014 and 2015 with 384 and 381 points, and his salary edged up to $27.74m.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2015

30

$27.74m

$27.74m

381

1

2014

29

$26.57m

$26.57m

384

1

2013

28

$26.56m

$26.56m

189

4

2008-2012

McLaren

$16m-22.27m
Champion at 23
▾
POTENTIAL INCOME
$16m-22.27m
AGE
23-27
TEAM

McLaren

The 2008 title arrived in only his second season, on an estimated $16m base. McLaren’s pay climbed to $22.27m by 2011, yet the next four seasons brought no second title and he left for Mercedes after 2012.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2012

27

$20.56m

$20.56m

190

4

2011

26

$22.27m

$22.27m

227

5

2010

25

$21.21m

$21.21m

240

4

2009

24

$18m

$18m

49

5

2008

23

$16m

$16m

98

1

2007

McLaren

$500k
One Point Short
▾
POTENTIAL INCOME
$1.26m
AGE
22
TEAM

McLaren

His rookie deal paid a $500k base plus a bonus for every point, and 109 points turned that into $1.26m. He finished a single point behind the champion in his first season.

SEASON

AGE

BASE SALARY

POTENTIAL INCOME

POINTS

POS

2007

22

$500k

$1.26m

109

2

Hamilton ties up £36m contract with McLaren theguardian.com

Sets out his 2007 base pay and bonus per championship point, plus the five-year McLaren deal agreed in January 2008.

Lewis Hamilton Salary Net Worth and Contract f1salaries.com

Our earlier estimates for 2008 and 2018, kept because no independent source gives an exact figure for those years.

F1 2009 driver salaries revealed | Crash.net crash.net

Reports his 2009 McLaren salary of $18m, the year after his first title.

Salaires des pilotes de F1 2010 : Alonso loin devant, les Red Bull loin derrière ! sportune.20minutes.fr

Reports a 2010 salary of €16m ($21.21m) with no bonus schedule.

Alonso, Hamilton, Vettel, Schumacher: Salaires des pilotes de F1 2011 sportune.20minutes.fr

Gives €16m ($22.27m) for 2011, the same euro figure as a year earlier.

F1 2012: Alonso, Hamilton, Vettel, Schumacher, Raikkonen... Tous les salaires ! sportune.20minutes.fr

Lists €16m ($20.56m) for 2012, his final season with McLaren.

F1 2013 driver salaries published | Crash.net crash.net

Reports €20m ($26.56m) for 2013, his first season at Mercedes.

F1: 2014 Formula 1 drivers' salaries unveiled | Car News | Auto123 auto123.com

Carries the Business Book GP survey figure of €20m ($26.57m) for his 2014 title season.

F1 driver salaries: Who's earning the most in 2015? - Motorsport Week motorsportweek.com

Reports €25m ($27.74m) for 2015, the year of his third world title.

Tous les salaires des pilotes F1 en 2016 - Page 2 sur 2 sportune.20minutes.fr

Lists €32m ($35.42m) for 2016, the season Nico Rosberg beat him to the title.

Tous les salaires des pilotes de F1 en 2017 sportune.20minutes.fr

Keeps him on €32m ($36.15m) in 2017, worth a little more in dollars because the euro was stronger.

How much do F1 drivers really earn? Don't believe the clickbait – RaceFans racefans.net

Reports his 2019 salary of $35m in a survey written to push back on inflated pay claims.

How much are F1 drivers earning in 2020 – and should their pay be capped? – RaceFans racefans.net

Reports his 2020 Mercedes salary of $40m, the season he won his seventh title.

10 pilotos mais bem pagos da Fórmula 1 em 2021 forbes.com.br

A July 2021 projection of a $55m salary and $7m bonus rather than a final figure for the season.

Formula 1's Highest-Paid Drivers 2022 forbes.com

Splits his 2022 pay into a $55m salary and no bonus.

Formula 1's Highest-Paid Drivers 2023 forbes.com

Shows a $55m salary and no bonus for 2023, not the $35m plus $20m split quoted elsewhere.

Formula 1's Highest-Paid Drivers 2024 forbes.com

Splits his final Mercedes season into a $55m salary and a $2m bonus.

Formula 1's Highest-Paid Drivers 2025 forbes.com

Puts his first Ferrari season at $70m plus a $500k bonus. We use the $60m base reported for the same deal in both seasons.

What Makes Hamilton Worth $60m to Ferrari?

Ferrari is paying for the most successful driver in F1 history, and at 41 he’s still scoring more points than his teammate.

  • The record books. His 106 wins and 104 poles are both all-time F1 records, and he shares the record of seven titles with Michael Schumacher.
  • Winning again. His 241 points put him third in the 2026 standings, one behind George Russell and eight clear of Charles Leclerc.
  • The Mercedes benchmark. Ferrari’s $60m opening salary in 2025 comfortably beat the $55m a year he had earned at Mercedes since 2021.
  • Knowing how titles are won. Six of his seven championships came during Mercedes’ run of eight straight constructors’ titles from 2014 to 2021.
  • Commercial pull. Ferrari’s share price jumped when news of his signing broke in February 2024.

Hamilton vs Leclerc on Pay and Points

Hamilton’s $60m base is $26m more than Charles Leclerc’s $34m, and with both bonus scenarios counted he stays $24m ahead at $70m against $46m. He has the edge on track as well, with 241 points to Leclerc’s 233. The pay gap should narrow from 2027, when Leclerc’s new contract begins.

$60m$34mBase Salary+$26m
$70m$46mPotential Income+$24m
$10m$12mPotential Bonus+$2m
$720.94m$171.15mCareer Earnings+$549.79m
2412332026 Points+8
Both drivers race the same car, so pay differences come down to standing, results and contract timing.

Lewis Hamilton’s Pay Compared to Other F1 Drivers

The drivers paid either side of Hamilton, and how quickly the numbers fall away below him.

Questions About Lewis Hamilton's Pay and Wealth

Lewis Hamilton’s extra season at Ferrari in 2027 is worth around $60m in base salary, assuming his current pay carries over. He confirmed on May 21, 2026 that he’ll stay, and reports describe it as an option in his existing deal being taken up. A further 2028 option has been reported but isn’t settled.

Ferrari pays Lewis Hamilton a $60m base salary in 2026, and a strong season could add around $10m in bonuses for potential income of $70m. He earned the same $60m base in 2025, his first year with the team, plus a $500k bonus. Personal sponsors and business income come on top of these figures.

Lewis Hamilton’s Ferrari contract runs until the end of 2027, after he confirmed on May 21, 2026 that he’ll stay for another season. Reports describe that as an option in his current deal being activated, and a further option for 2028 has been reported, but nothing about that year is settled.

Lewis Hamilton earned a $26.56m base salary in his first Mercedes season in 2013, and his pay rose to $55m a year from 2021 until he left at the end of 2024. Bonuses added $7m in 2021 and $2m in 2024, and his move to Ferrari lifted his base to $60m in 2025.

Lewis Hamilton makes about $5m a month from his $60m Ferrari base salary in 2026, which is roughly $164k a day. With the $10m bonus scenario added, his monthly average rises to $5.83m.

Ferrari doesn’t pay him in neat installments like these, so read them as a sense of scale.

Spread across the 23 Grands Prix of 2026, Lewis Hamilton’s $60m base salary is worth $2.61m per race. Including the $10m bonus scenario, that rises to about $3.04m. He isn’t actually paid by the race, so these figures simply divide his yearly pay by the length of the calendar.

Shining a light on the finances that make Formula 1 drive, from drivers, teams, staff, and sponsors to tracks, tickets, and much more.
Figures are estimates unless labeled Verified. Sources and review dates sit with the figures they support.
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