FORMULA 1
Lewis Hamilton
Lewis Hamilton
2024-2025 Extension (CURRENT)
Lewis Hamilton signed a 2 year contract with the Mercedes, including $44 signing bonus, and . In 2025, Hamilton will earn, while carrying a cap hit of .
Contract Terms:
2 yr(s)
Signing Bonus:
$44
Free Agent:
2026 / UFA
| Year | Age | Status | Cap HitAnnual | Cash Annual | Cash Cumulative | |
|---|---|---|---|---|---|---|
| 2024 |
|
39 | $45,000,000 | $45,000,000 | $45,000,000 | |
| 2025 |
|
40 | - | - | $45,000,000 | |
| 2026 |
|
41 |
UFA |
| Year | Age | Status | Base Salary | Cap Hit | |
|---|---|---|---|---|---|
| 2024 |
|
39 | $45,000,000 | $45,000,000 | |
| 2025 |
|
40 | - | - | |
| 2026 |
|
41 |
UFA |
| Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | Cash Remaining | |
|---|---|---|---|---|---|---|---|
| 2024 |
|
39 | $45,000,000 | $45,000,000 | $45,000,000 | - | |
| 2025 |
|
40 | - | - | $45,000,000 | - |
Contract Notes
- 2024 salary via Racing365
Source:
Chris Medland
2022-2023 Extension
Lewis Hamilton signed a 2 year contract with the Mercedes, including $44 signing bonus, and .
Contract Terms:
2 yr(s)
Signing Bonus:
$44
Free Agent:
2024 / UFA
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2021-2021
Lewis Hamilton signed a 1 year contract with the Mercedes.
Contract Terms:
1 yr(s)
Signing Bonus:
N/A
Free Agent:
2022 / UFA
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2019-2020 Extension
Lewis Hamilton signed a 2 year , $133,000,000 contract with the Mercedes, including an average annual salary of $66,500,000.
Contract Terms:
2 yr(s) / $133,000,000
Average Salary:
$66,500,000
Signing Bonus:
N/A
Free Agent:
2021 / UFA
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2016-2018
Lewis Hamilton signed a 3 year , $104,000,000 contract with the Mercedes, including an average annual salary of $34,666,667.
Contract Terms:
3 yr(s) / $104,000,000
Average Salary:
$34,666,667
Signing Bonus:
N/A
Free Agent:
2019 / UFA
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2013-2015
Lewis Hamilton signed a 3 year , $82,800,000 contract with the Mercedes, including an average annual salary of $27,600,000.
Contract Terms:
3 yr(s) / $82,800,000
Average Salary:
$27,600,000
Signing Bonus:
N/A
Free Agent:
2016 / UFA
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2012-2012
Lewis Hamilton signed a 1 year , $20,480,000 contract with the McLaren, including an average annual salary of $20,480,000.
Contract Terms:
1 yr(s) / $20,480,000
Average Salary:
$20,480,000
Signing Bonus:
N/A
Free Agent:
2013 / UFA
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2011-2011
Lewis Hamilton signed a 1 year , $13,900,000 contract with the McLaren, including an average annual salary of $13,900,000.
Contract Terms:
1 yr(s) / $13,900,000
Average Salary:
$13,900,000
Signing Bonus:
N/A
Free Agent:
2012 / UFA
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2010-2010
Lewis Hamilton signed a 1 year , $21,280,000 contract with the McLaren, including an average annual salary of $21,280,000.
Contract Terms:
1 yr(s) / $21,280,000
Average Salary:
$21,280,000
Signing Bonus:
N/A
Free Agent:
2011 / UFA
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2009-2009
Lewis Hamilton signed a 1 year , $18,000,000 contract with the McLaren, including an average annual salary of $18,000,000.
Contract Terms:
1 yr(s) / $18,000,000
Average Salary:
$18,000,000
Signing Bonus:
N/A
Free Agent:
2010 / UFA
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2008-2008
Lewis Hamilton signed a 1 year , $5,000,000 contract with the McLaren, including an average annual salary of $5,000,000.
Contract Terms:
1 yr(s) / $5,000,000
Average Salary:
$5,000,000
Signing Bonus:
N/A
Free Agent:
2009 / UFA
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2007-2007
Lewis Hamilton signed a 1 year , $4,000,000 contract with the McLaren, including an average annual salary of $4,000,000.
Contract Terms:
1 yr(s) / $4,000,000
Average Salary:
$4,000,000
Signing Bonus:
N/A
Free Agent:
2008 / UFA
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Seasons
Years
Career Earnings thru 2025
$532,160,000
Earnings w/ Different Teams
2 teams
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2007 | 22 |
|
Active
|
$4,000,000 |
$4,000,000 |
|
| 2008 | 23 |
|
Active
|
$5,000,000 |
$9,000,000 |
|
| 2009 | 24 |
|
Active
|
$18,000,000 |
$27,000,000 |
|
| 2010 | 25 |
|
Active
|
$21,280,000 |
$48,280,000 |
|
| 2011 | 26 |
|
Active
|
$13,900,000 |
$62,180,000 |
|
| 2012 | 27 |
|
Active
|
$20,480,000 |
$82,660,000 |
|
| 2013 | 28 |
|
Active
|
$27,500,000 |
$110,160,000 |
|
| 2015 | 30 |
|
Active
|
$28,000,000 |
$138,160,000 |
|
| 2016 | 31 |
|
Active
|
$31,000,000 |
$169,160,000 |
|
| 2017 | 32 |
|
Active
|
$31,000,000 |
$200,160,000 |
|
| 2018 | 33 |
|
Active
|
$42,000,000 |
$242,160,000 |
|
| 2019 | 34 |
|
Active
|
$57,000,000 |
$299,160,000 |
|
| 2020 | 35 |
|
Active
|
$76,000,000 |
$375,160,000 |
|
| 2021 | 36 |
|
Active / estimate
|
$62,000,000 |
$437,160,000 |
|
| 2022 | 37 |
|
Active
|
$40,000,000 |
$477,160,000 |
|
| 2023 | 38 |
|
Active
|
$55,000,000 |
$532,160,000 |
|
| Total |
$532,160,000 |
$532,160,000 |
||||
| 2024 | 39 |
|
Active
|
$45,000,000 |
||
| Total |
$577,160,000 |
Earnings Per Team
| Years | Team | Base | Incentives | Cash Cumulative |
|---|---|---|---|---|
| 6 |
|
$82,660,000 | - | $82,660,000 |
| 10 |
|
$421,000,000 | $37,500,000 | $449,500,000 |
| Year | Team(s) | Age | Base | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|
| 2007 |
|
22 |
$4,000,000
|
$4,000,000 |
$4,000,000 |
|
| 2008 |
|
23 |
$5,000,000
|
$5,000,000 |
$9,000,000 |
|
| 2009 |
|
24 |
$18,000,000
|
$18,000,000 |
$27,000,000 |
|
| 2010 |
|
25 |
$21,280,000
|
$21,280,000 |
$48,280,000 |
|
| 2011 |
|
26 |
$13,900,000
|
$13,900,000 |
$62,180,000 |
|
| 2012 |
|
27 |
$20,480,000
|
$20,480,000 |
$82,660,000 |
|
| 2013 |
|
28 |
$26,000,000
|
$1,500,000 |
$27,500,000 |
$110,160,000 |
| 2015 |
|
30 |
$28,000,000
|
$28,000,000 |
$138,160,000 |
|
| 2016 |
|
31 |
$31,000,000
|
$31,000,000 |
$169,160,000 |
|
| 2017 |
|
32 |
$31,000,000
|
$31,000,000 |
$200,160,000 |
|
| 2018 |
|
33 |
$42,000,000
|
$9,000,000 |
$42,000,000 |
$242,160,000 |
| 2019 |
|
34 |
$57,000,000
|
$57,000,000 |
$299,160,000 |
|
| 2020 |
|
35 |
$76,000,000
|
$76,000,000 |
$375,160,000 |
|
| 2021 |
|
36 |
$55,000,000
|
$7,000,000 |
$62,000,000 |
$437,160,000 |
| 2022 |
|
37 |
$40,000,000
|
$40,000,000 |
$477,160,000 |
|
| 2023 |
|
38 |
$35,000,000
|
$20,000,000 |
$55,000,000 |
$532,160,000 |
| Total |
$503,660,000 |
$37,500,000 |
$532,160,000 |
$532,160,000 |
||
| 2024 |
|
39 |
$45,000,000
|
$45,000,000 |
||
| Total |
$548,660,000 |
$37,500,000 |
$577,160,000 |
Earnings Per Team
| Years | Team | Base | Incentives | Cash Cumulative |
|---|---|---|---|---|
| 6 |
|
$82,660,000 | - | $82,660,000 |
| 10 |
|
$421,000,000 | $37,500,000 | $449,500,000 |
