Wednesday 23 May 2018

What Do The Top F1 Drivers Spend Their Money On

It's a dream come true if you are driving in the Formula 1. The competition needs no introduction around the world due to the high-speed glamour and prestige. Oh, and let's not forget the money that you can earn because F1 welcomes the wealthy. Team budgets are expanding and popularity in racing is still growing. It's a sport where money talks. The big question is: What are the top F1 drivers spending their money on?

Lewis Hamilton
Lewis Hamilton is one of the world's highest-paid sportsmen. In 2015, the F1 driver signed a three-year deal to drive for Mercedes worth £100 million, which made him the highest-paid British sports person at the time.

Lewis loves cars and wanted to personalise his most prized possession. That's why Lewis paid property tycoon Bob Lewis over £200,000 for his personalised plate: LEW 1S. Bob bought the unique registration in 2007 for £50,000 and loved the number plate. But business is business and the offer was too good to turn down. It's also rumoured that Hamilton wanted to splash out on another exclusive plate. Businessman Afzal Kahn received an offer of £6 million for his registration plate: F1. Afzal declined the offer and is still driving with it on his Bugatti Veyron.

F1 drivers often have exemplary taste when it comes to road cars and Hamilton is a perfect example. His collection is believed to have a worth of around £13 million. From high-end European sports cars to American muscle classics, it seems he has it all. Some cars in his collection are purple Pagani Zonda 760 LH, 1966 Shelby 427 Cobra, Shelby Mustang GT500 and of course a Mercedes-Maybach S600.

Kimi Räikkönen
The Finnish driver is currently driving again in F1. He renewed his contract and signed a 1-year contract extension with Ferrari in 2018. The Iceman took a big pay-cut albeit with a guaranteed $7 million (and his performance bonuses can go up to max $10 million.) Kimi's most famous purchase is his yachts. The rider has a 22-meter Sunseeker Predator 72 worth €3.5 million and a 33-meter Sunseeker Predator 108. The yacht of the enigmatic character became famous during the 2006 Monaco Grand Prix. Kimi's McLaren gave up and he was forced to retire his smoking car. Instead of watching the rest of the race, Räikkönen walked fully clothed to the marina and jumped on his yacht to enjoy a few drinks.

Does the Iceman also have some interesting road cars in his garage? His garage is filled with an Alfa Romeo 159, Fiat 500 Abarth and a Ferrari Enzo. The cars share the space with a custom-built bike called Iceman II. The motorcycle is created by Marcus Walz of Hardcore Cycles. If that's not enough, Kimi has his own private jet to transport him around the globe.

Max Verstappen

The Dutch rider is the new kid on the block. The Red Bull driver became the youngest F1 winner in history aged 18 years and 228 days. The prodigy extended his contract until 2020, as a result of which his salary went up considerably. Max is now earning a minimum of €10 million excluding bonuses - enough money to fill his garage. The first cars of Verstappen are not comparable with those of other 20-year-olds. In his first year as a licensed driver, Max bought a Porsche 911 GT3 RS, Aston Martin V12 Vantage S and Mercedes-AMG C63 Coupé.

In an interview with F1, Max told the press that he has not made a bad buy yet. He is always thinking before acting. It also helps that Max has to convince his manager and his father for every major purchase. That's important because Max likes to spend money on new watches, and he admits he is in love with the mechanical timepieces. The TAG Heuer Carrera is one is his favourites and he even has his own watch called TAG Heuer Formula One Max Verstappen Youngest Grand Prix Winner Special Edition.

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