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Who is the richest f1 driver ever?

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Michael Schumacher a German former racing driver who competed in Formula 1 for Jordan, Benetton, Ferrari, and Mercedes is the richest f1 driver ever.

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Schumacher has an estimated net worth of $600 million, Lewis Hamilton follows with an estimated net worth of $285 million and Spaniard Fernando Alonso completes the top three with an estimated net worth of $260 million.

Schumacher has a joint-record seven World Drivers’ Championship titles (tied with Lewis Hamilton) and, at the time of his retirement from the sport in 2012, he held the records for;

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Michael Schumacher, image via: Getty Images
  • The most wins (91),
  • Pole positions (68), and
  • Podium finishes (155)—which have since been broken by Hamilton—while he maintains the record for the most fastest laps (77), among others.

Formula One is among the most exclusive and expensive of all sports, raking in some US$2.1 billion in revenue in 2021.

Of course, the cost of taking this gigantic show on the road, racing at circuits around the world, is enormous too.

Not least the pay for the drivers who train hard and take risks every day for the thrill of the sport – and also, no doubt, for the benefit of their bank balances.


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