F1 Drivers Max Verstappen and Lewis Hamilton Featured on Forbes’s New Rich List: A Look at their Earnings and Future Potential

Max Verstappen and Lewis Hamilton are the only representatives from the motorsport world on a new rich list compiled by Forbes. Verstappen was ranked 17th, while Hamilton was placed 21st. The rankings were based on income earned between May 1, 2023, and May 1, 2024, taking into account both on-field earnings such as prize money and salary, as well as off-field earnings like sponsorship deals and appearance fees.

Verstappen’s total earnings for the year amounted to $81 million, with a major portion coming from his salary and prize money after winning the F1 championship. Hamilton, on the other hand, earned $69 million in total, with a significant portion of his earnings coming from his salary as well. Hamilton also earned $12 million from sponsorships and other off-track activities, showcasing his star power and ability to attract lucrative deals away from the racing circuit.

The rich list was dominated by footballers, golfers, and players from the NFL and NBA, with Verstappen and Hamilton being the only F1 drivers featured. The rankings show the significant earning potential of top athletes, with both Verstappen and Hamilton poised for even greater earnings in the future. Verstappen stands to receive a hefty bonus if he secures a fourth consecutive F1 championship win, while Hamilton’s move to Ferrari next year is expected to result in a salary increase and additional sponsorship deals.

Overall, the top 10 earners in 2024 according to Forbes included Cristiano Ronaldo, Jon Rahm, Lionel Messi, LeBron James