Lewis Hamilton's Net Worth, As Formula One Champ Leaves Mercedes for Team Ferrari

investopedia.com:

Champion Formula One driver Lewis Hamilton is parting ways with the Mercedes-Benz team after 11 years and will join Ferrari in 2025, according to statements released Thursday by both teams.

The 2024 season will be Hamilton's last with Mercedes-Benz, after which he will begin a multiyear contract with Ferrari. Monetary details of the Ferrari contract were not disclosed.

Considered one of the best F1 drivers of all time, Hamilton has seven drivers' championship titles and is tied with legendary F1 driver Michael Schumacher for most. Hamilton almost won an eighth title during the 2021 World Championship but lost to Red Bull's Max Verstappen in a controversial last lap.

Still, Hamilton has made a fortune from his successful career as a star F1 athlete. He has an estimated net worth of about $300 million, according to Celebrity Net Worth.

While Hamilton has made millions from Formula One, he also has made millions from various business ventures and endorsement deals, including a vegan burger chain, a line of clothing, and even an F1 film starring Brad Pitt. Here's how Hamilton made his millions.

Hamilton has made millions from his career as an F1 racer so far. The 39-year-old athlete was among the highest-paid athletes in the world in 2023 and earned $55 million in salary for the year, according to Forbes.

Hamilton also made about $10 million from earnings off the track, through sponsorships and endorsements, bringing his total F1 earnings to $65 million for the year. Hamilton began his F1 career with McLaren in 2007, where he won his first world title. He then went on to sign with Mercedes-Benz in 2013, where he has since won six championship titles with the team.

Hamilton's interests (and business ventures) go beyond