Hamilton's contract reportedly pays him £40 million a year, a significant rise from his previous deal, which was worth £33 million per season. The new deal only runs for two years as the driver was unsure of his place in F1 ahead of the then unclear regulations for 2021.
However, with the global coronavirus pandemic, it is more than likely that Hamilton will sign on for at least one further year with the German manufacturer.
Lewis Hamilton sponsors
- IWC (watch manufacturer)
- Monster Energy Drinks
- MV Agusta Motorcycles
- Bombardier Recreational Products
- Gran Turismo
Forbes recently estimated that a combination of these brands netted Hamilton an additional £15 million on top of his Mercedes salary in 2019.
As he begins to branch out further into the worlds of music and fashion, collaborating with Tommy Hilfiger and Christina Aguilera, this figure is expected to rise.
All of the above means that Hamilton's net worth is estimated to be a staggering £224m, ranking him as the wealthiest ever active sportsperson on the Sunday Times Rich List.
Does Lewis Hamilton have a wife or girlfriend?
Lewis Hamilton recently discussed his 'inability' to find a girlfriend due to the depth of his commitments with Formula 1. Hamilton has in the past been linked to Rita Ora and Nicole Scherzinger but he is currently unattached.
Lewis Hamilton mum and dad
Leiws Hamilton is currently 35 years old and was born in Stevenage, England. Hamilton's parents separated when he was just two and he live with his mother, Carmen and his half-sisters until the age of 12. He then lived with his dad Anthony, his stepmother and his half-brother Nicolas.
Hamilton's dad was a driving force in his involvement in F1 and was his manager until 2010, having supported him financially through the racing ranks.
Lewis Hamilton Instagram
Hamilton is an active Instagram user and regularly posts content around race weekend and his private life. He has been vocal on a number of causes, including the environment, and is a converted vegan. He also admitted that he no longer consumes alcohol.
Lewis Hamilton is a six-time Formula 1 world drivers' champion.
It's been over a decade since Hamilton made his F1 debut in 2007. He made an immediate impact, pushing Kimi Raikkonen and team-mate Fernando Alonso all the way in his first season, eventually losing the title to Raikkonen by a single point.
He made amends the following year however, collecting his maiden title with a memorable last-lap overtake on Timo Glock at the Brazilian Grand Prix. Brazilian Felipe Massa may have won the race, but Hamilton took the title by a point..
It was upon joining Mercedes that Hamilton's career trajectory went stratospheric, triumphing in 2014, 2015, 2017, 2018 and in 2019 to move second on the all-time list.
Only Michael Schumacher, with his seven titles, has more than Hamilton.
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