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Home » Latest » Special Reports » Ranked: These Are The 20 Richest Formula 1 (F1) Drivers, 2023

Special Reports

Ranked: These Are The 20 Richest Formula 1 (F1) Drivers, 2023

Michael Schumacher

Formula 1 (F1) is widely recognized as the most famous motorsport worldwide, with a massive fan following. F1 races take place throughout the year and across different continents, making it easier for fans from several corners of the world to witness the spectacle in person.

With enormous revenues from ticket sales, sponsorships, and widespread media attention, F1 is one of the wealthiest sports in the world. It is, therefore, not surprising that the drivers associated with the sport earn enormous sums of money for their endless toils.

  1. Michael Schumacher: $600 million
  2. Lewis Hamilton: $285 million
  3. Fernando Alonso: $260 million
  4. Kimi Raikkonen: $250 million
  5. Nelson Piquet Snr.: $200 million
  6. Jenson Button: $150 million
  7. Sebastian Vettel: $140 million
  8. Eddie Irvine: $120 million
  9. Rubens Barrichello: $100 million
  10. Alain Prost: $100 million
  11. Jody Scheckter: $100 million
  12. Ralf Schumacher: $100 million
  13. Nikita Mazepin: $100 million
  14. Max Verstappen: $90 million
  15. Nigel Mansell: $90 million
  16. David Coulthard: $80 million
  17. Sir Jackie Stewart: $50 million
  18. Nico Rosberg: $50 million
  19. Jacques Villeneuve: $50 million
  20. Lance Stroll: $50 million

Ranked: These Are The Richest Formula 1 (F1) Drivers, 2023


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Harris Williams, Ph.D.
Harris Williams, PhD in Leadership and Media Governance, is the Associate News Editor at CEOWORLD Magazine, where he leads coverage of global financial trends, corporate leadership, and strategic communications. With over 15 years of experience in corporate finance, investor relations, and business journalism, Harris brings deep industry insight to every editorial decision.

Prior to joining CEOWORLD, he held leadership roles in finance media and worked as a senior advisor to multinational firms on financial messaging and crisis communications. His editorial style is grounded in data but shaped by narrative, delivering content that supports executives in making informed and strategic decisions. At CEOWORLD, he manages a team that produces feature stories, market outlooks, and brand reputation analysis for a global C-suite audience.

Harris holds a degree in Finance and an MBA in Strategic Management. He’s a frequent guest on business podcasts and contributes to thought leadership forums on corporate responsibility, investor engagement, and media transparency. With a passion for clarity and credibility in financial storytelling, Harris ensures that CEOWORLD’s readers have access to timely, accurate, and actionable business intelligence—bridging the gap between raw data and executive strategy.

Email Harris Williams at harris@ceoworld.biz