Richard Hammond and Michael Schumacher made it to the list.
Considering the great popularity of NASCAR, there’s no doubt that many racing professionals were able to snatch millions of dollars.
Even though Formula 1 is a sport that’s more than just a race, it’s still a sport with some of the most richest drivers and teams. In this guide, I’ll give you a small guide to which drivers are rich and what it takes to become the world’s richest racing driver.
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The Top 20 Richest Racing Drivers in the World
These are the richest racing drivers of all time as of 2022. We’ve used figures from Celebrity Net Worth to create this list.
20. David Coulthard
Net Worth: $80 Million
David Coulthard is a British racing driver with an exciting driving style and a competitive spirit. He was a very strong contender for the 2001 Formula One Championship.
While many of the drivers on this page make millions, most of them have relatively small incomes. Coulthard has an estimated fortune of $80 million, which makes him the 20th richest racing driver on the list.
19. Bobby Rahal
Net Worth: $80 Million
Bobby Rahal was the first one to become the American auto racing driver and team owner. He has won three times and 24 races in the CART open-wheel series.
While Bobby Rahal has a net worth of $80 million dollars.
18. Nigel Mansell
Net Worth: $90 Million
Nigel Mansell’s net worth is estimated to be $90 million, making him the eighteenth richest racing driver in the world.
17. Sebastian Vettel
Net Worth: $100 Million
Sebastian Vettel (born 22 July 1986) is a German racing driver currently racing for team Ferrari. He has won four Formula One World Championships since his debut in 2006, including the 2014 and 2017 titles. He has been Ferrari’s most successful driver in history, winning more races than any other driver, and his three titles are the most in Ferrari’s history. Vettel has also won the Formula One drivers’ champions of the 2016 and 2017 seasons.
Vettel’s earnings are estimated to be around $34 million, as of January 2020.
16. Niki Lauda
Net Worth: $100 Million
I first met Niki in the early 1980s when I was a young Formula One driver myself. He was one of the greatest drivers of all time and is the only person to have won the Formula One world Championship three times. I have always admired Niki’s talent and passion for motorsport and I am honoured to have known him.
Niki Lauda is worth approximately $100 million dollars. This makes him the 16th richest driver in the world.
15. Martin Brundle
Net Worth: $100 Million
Martin Brundle started his racing career in karting before becoming an ace Formula Ford driver. Brundle had a very successful career. In 1988, he won the World Championship in the Formula Ford category.
As of July 2022, Martin Brundle’s net worth is approximately $1 million.
14. Jody Scheckter
Net Worth: $100 Million
Jody Scheckter is an African former Formula One racing driver who won the Formula One World Drivers’ Championship in 1979 with Ferrari.
Jody Scheckter has a net worth of about $100 million, making him the 14th richest racing driver on the list.
13. Alexis DeJoria
Net Worth: $100 Million
Alexis DeJoria is a retired American drag racer who competes in the Top Fuel Drag Racing Series for Kalitta Motorsports driven by his father Larry DeJoria.
According to Forbes, Alexis DeJoria’s net income is $20 million.
12. Mario Andretti
Net Worth: $120 Million
Andretti began racing when he was eight years old, and he began in the Skip Barber National Championship driving as one of the youngest drivers. He went on to win the SCCA National Championship for Formula Vee.
Mario Andretti has an estimated net worth of $120 million, making him the 12th richest racing driver in the world.
11. Jimmie Johnson
Net Worth: $120 Million
He has won twelve of the most prestigious races in the Monster Energy NASCAR Cup Series. He also won the NASCAR Daytona 500 as a rookie in 2000.
as of July, 2022, Johnson’s estimated net worth is $120 million.
10. Eddie Irvine
Net Worth: $120 Million
Irvine entered a lot of different racing categories including the USF2000 Championship. However, his first championship race was the Formula Ford where he finished second in the points standings.
Eifie Irvine is the tenth richest driver in the world. He earns a net worth of $120 million.
9. Valentino Rossi
Net Worth: $140 Million
Valentino Rossi is a rider who has won world championship titles in four different classes (2 Grand Prix, 250cc MotoGP, MotoGP World Championship).
In order to make some money, Rossi sells his body, his clothes, his bikes and his sponsors.
8. Jenson Button
Net Worth: $150 Million
He was born in Bromley, Kent, England. His brother is the racing driver and former F1 driver Jenson Button.
Jenson currently drives in the 2019 Super GT Series for the J-Team Racing. He won the 2019 Drivers Championship for the team, with nine podium finishes and three wins.
Jenson Button’s net worth is approximately $150 million. He is the 8th racing driver listed.
7. Kimi Raikkonen
Net Worth: $150 Million
Kimi started racing in the Minardi Formula One team in 2000 and then moved to Ferrari in 2004. Kimi has won many championships. Kimi Raikkonen is a Finnish racing driver currently driving in Formula One for Sauber.
Kimi Raikkonen has an estimated net worth of $150 million. Kimi Raikkonen needs about $45 million to reach his net worth target.
6. Jeff Gordon
Net Worth: $200 Million
Gordon raced for the Hendrick Motorsports between 1986 and 2004, winning the Cup Series championship in 1994. He is the 1992 and 1995 champion, as well as the 1993 Sprint All-Star Race winner. He currently drives a NASCAR Sprint Cup Series car for Stewart-Haas Racing. Gordon is also the 2000 and 2001 winner in the Nationwide Series.
Jeff Gordon has a net worth of approximately $200 million.
5. Fernando Alonso
Net Worth: $240 Million
Fernando Alonso, an ex-FIA World Champion, is a Spanish racing driver. Alonso is a two-time Formula One World Champion and is by some considered to be one of the greatest Formula One drivers in the history of the sport.
Fernando Alonso earns around $30 million per year. He is 5th in the world in terms of car race driver earnings.
4. Lewis Hamilton
Net Worth: $285 Million
Lewis Hamilton is a British racing driver who races in Formula One for Mercedes, winning his first World Championship title in 2008 and the most recent F1 Championship in 2017. He’s one of the most successful British drivers in the history of the sport.
As of July 2, 2022, Lewis Hamilton’s net worth is $285 million.
3. Don Schumacher
Net Worth: $300 Million
Schumacher Electric is a family owned and operated business that has been dealing with electrical, solar, and water pumping repair for over sixty years and has been at it’s current location in Chicago, Illinois since 1981.
Don Schumacher is the third richest racing driver in the world and has a net worth of $300 million.
2. Eddie Jordan
Net Worth: $475 Million
Eddie Jordan is Irish and founded the team, Jordan Grand Prix in 1991. Jordan won the 1993 Indianapolis 500 after Bobby Rahal had been penalized for driving too slowly. He also served as the team’s president from 1993 to 2000.
In May of 2022, Eddie Jordan’s net worth is about $475 million.
1. Michael Schumacher
Michael Schumacher Net Worth: $800 Million
Former German pilot and Formula One driver Michael Schumacher is an icon of the sport. He is considered to be the most successful driver in the history of Formula One and he holds the world records for the most World Championship titles.
Michael Schumacher is one of the richest and most famous racing drivers in the world.
Summary
Racing drivers are always going to be wealthy, but this list is a reminder that they do it for love.
If you liked this, you could also watch my top 20 richest actors and actresses (or just the actors) list.