Lewis Hamilton, the British racing driver, is undoubtedly one of the most successful athletes in Formula One history. The seven-time world champion has set numerous records during his illustrious career, and his popularity has only grown in recent years. With his success, many fans and Formula One enthusiasts have been curious to know how much Lewis Hamilton earns from his contract. In this article, we will explore the details of Hamilton`s contract and his overall net worth.
Lewis Hamilton`s Contract
As per the reports, Lewis Hamilton signed a three-year contract with Mercedes AMG Petronas Formula One Team in 2021. The contract is said to be worth £120 million, which translates to around $170 million. The deal makes Hamilton one of the highest-paid drivers in the history of Formula One.
The contract also includes various incentives and bonuses. According to the reports, Hamilton will earn an additional £10 million if he wins the 2021 World Championship. Additionally, he will earn bonuses for every win and pole position he achieves during the 2022 and 2023 seasons.
Hamilton`s Net Worth
It is challenging to estimate the exact net worth of Lewis Hamilton as he has several sources of income. Apart from his racing career, he is associated with various sponsorships and endorsements. Some of his notable endorsements include Hugo Boss, Monster Energy, and Puma, among others.
According to celebritynetworth.com, Lewis Hamilton`s net worth is estimated to be around $280 million. His vast wealth can be attributed to his success on the racing track and his numerous endorsements.
Conclusion
In conclusion, Lewis Hamilton is undoubtedly one of the highest-paid athletes in the world. With his recent contract with Mercedes AMG Petronas Formula One Team, he is expected to earn around $170 million over the next three years. Additionally, his net worth is estimated to be around $280 million, making him one of the wealthiest athletes in the world. Hamilton`s success on the track and numerous endorsements have enabled him to build a vast fortune, and he continues to be a dominant force in Formula One.