As Formula 1 drivers, their focus is primarily on racing and winning, but some have also made smart investment decisions that have paid off handsomely. These drivers have shown their business acumen off the track, building successful careers as investors and entrepreneurs.
One of the most notable examples is Lewis Hamilton, who is not only a seven-time F1 world champion but also a successful businessman. Hamilton has invested in a range of companies, including fashion, music, and technology. He is also an ambassador for Tommy Hilfiger and has his own fashion line with the brand. Hamilton’s net worth is estimated at around $280 million, and his investments have played a significant role in building his wealth.
Another F1 driver with a keen eye for investments is Nico Rosberg. The 2016 F1 world champion retired from racing after winning the championship and has since turned his attention to investing. Rosberg is the founder and CEO of the Rosberg X Racing team, which competes in the Extreme E off-road racing series. He has also invested in a range of startups, including Lilium, a German aviation company developing electric vertical take-off and landing (eVTOL) aircraft.
Jenson Button, the 2009 F1 world champion, is another driver who has made smart investment decisions. Button has invested in several businesses, including a chain of gyms, a property company, and a cycling brand. He is also the founder of the JBXE team, which competes in the Extreme E series. Button’s business ventures have helped him build a net worth of around $150 million.
Max Verstappen, one of the rising stars of F1, has also shown an interest in investing. The Dutch driver has invested in several companies, including cryptocurrency platform Bitstamp and sustainable energy firm CarNext.com. Verstappen has also invested in a Dutch esports team and is the co-founder of an e-commerce platform that sells motorsport-related merchandise.
Finally, Daniel Ricciardo, the Australian driver who has raced for Red Bull Racing and McLaren, has invested in a range of businesses. Ricciardo has invested in a chain of restaurants, a high-performance gym, and a luxury watch brand. He is also an ambassador for luxury car manufacturer Aston Martin.
In conclusion, F1 drivers are not just talented racers but also savvy investors who have made smart investment decisions outside of racing. Lewis Hamilton, Nico Rosberg, Jenson Button, Max Verstappen, and Daniel Ricciardo have all built successful businesses and made significant investments that have paid off handsomely. Their success shows that F1 drivers can excel both on and off the track, demonstrating their business acumen and entrepreneurial spirit.