Charles Leclerc is reportedly set to sign a contract extension with Ferrari, which would help the team achieve a historic feat. As per reports, Leclerc will continue his association with Lewis Hamilton in the upcoming F1 season, though his contact details remain unknown. At present, Leclerc earns 34 million euros, and numbers are expected to rise after the renewal. With sources claiming Leclerc to have a salary of 50 million euros per year in his new contract, it would make Ferrari the first team to breach the 100-million mark.
Lewis Hamilton’s Salary At Ferrari
Lewis Hamilton arrived at Ferrari on a lucrative multi-year deal reportedly worth around $60–70 million per season, which ranks him higher among the highest-paid drivers in Formula 1. He signed a contract in 2025 and is expected to run until at least the end of the 2026 season, with options for an extension added.
Hamilton’s Ferrari stint has produced mixed results so far. After a difficult debut season in 2025, where he finished behind teammate Charles Leclerc in the F1 standings, the seven-time world champion entered 2026 determined to make a comeback this term. Hamilton remains optimistic about Ferrari’s long-term vision and may continue beyond this year.
Where do Lewis Hamilton and Charles Leclerc rank among highest-paid F1 drivers?
According to Forbes’ 2025 Formula 1 earnings rankings, Lewis Hamilton was second on the list of the highest-paid drivers with estimated earnings of $70.5 million ($70 million salary plus bonuses). His Ferrari teammate Charles Leclerc was fifth with $30 million. Red Bull star Max Verstappen leads the charts with a whopping $76 million in salary and bonuses.
How can Ferrari cross €100 million mark?
Ferrari’s driver salary is set to hit a new milestone after Charles Leclerc’s reported contract extension. With Hamilton already earning a staggering amount, a €50 million deal for Leclerc will take the overall numbers to 100 million euros.
