The only Monegasque driver in Formula 1, Charles Leclerc certainly has the bank balance to fit right into his hometown. Racing for Ferrari, Leclerc has showcased his exceptional skills and determination throughout his career from his debut in 2018, and even before he made his F1 debut.
Ferrari struggled in 2023 compared to the season before, when Leclerc took victory at the season-opening Bahrain Grand Prix and looked favourite for the world championship in the early season.
He took multiple race wins but that challenge faded as the season went on and it’s now been over a year since Leclerc‘s last F1 victory.
But despite the hardship in 2023 Leclerc has scored multiple podiums and his pay packet indicates Ferrari aren’t struggling financially. So how do Leclerc’s achievements translate into earnings and net worth?
How much will Charles Leclerc earn in 2023?
In 2023, Charles Leclerc is set to earn an impressive salary of $24 million, showing his pivotal role at Ferrari.
As one of the elite drivers in F1, that puts him as the third-highest earner in the sport behind Lewis Hamilton and Max Verstappen.
Leclerc earns twice as much as his Ferrari teammate Carlos Sainz, reflecting his status as team leader.
It’s unknown whether Leclerc has any podium bonuses which would boost that figure further but based on Ferrari‘s expectations to be challenging for race wins and world championships, that might be unlikely.
But if they do, that would inflate his annual income further.
How much is Charles Leclerc worth?
Leclerc’s net worth is a culmination of his F1 salaries, endorsement deals, and personal ventures. It’s been reported to be anywhere from $12 million to $125 million, a huge disparity in estimates.
With his salary at double the lower figure it’s certainly higher than that, while a nine-figure net worth would mark him out as one of the very richest athletes in the world.
Brands like Richard Mille and Giorgio Armani have partnered with Leclerc, adding to his financial portfolio.
Beyond racing, Leclerc has made investments in real estate, particularly in Monaco, and boasts a collection of luxury cars, underlining his passion for motorsports and his affluent lifestyle.
That includes a Bugatti Chiron, one of the fastest cars in the world, and the Rolls-Royce Wraith – a statement in luxurious travel. And, as a Ferrari driver, there needs to be some scarlet in his garage too, he has a 488 Pista and GTC4 Lusso that he drives on the streets of Monaco. Overall his garage is believed to be worth at least $7 million.
F1 Driver Salaries 2023
| Driver | Salary | Contract | Team | |
|---|---|---|---|---|
| 1 | Max Verstappen | $55m | 2028 | Red Bull |
| 2 | Lewis Hamilton | $35m | 2023 | Mercedes |
| 3 | Charles Leclerc | $24m | 2024 | Ferrari |
| 4 | Lando Norris | $20m | 2025 | McLaren |
| 5 | Carlos Sainz | $12m | 2024 | Ferrari |
| 6 | Sergio Perez | $10m | 2024 | Red Bull |
| 7 | Valtteri Bottas | $10m | 2025 | Alfa Romeo |
| 8 | George Russell | $8m | 2023 | Mercedes |
| 9 | Esteban Ocon | $6m | 2024+ | Alpine |
| 10 | Fernando Alonso | $5m | 2024+ | Aston Martin |
| 11 | Pierre Gasly | $5m | 2024+ | Alpine |
| 12 | Kevin Magnussen | $5m | 2023 | Haas |
| 13 | Alex Albon | $3m | 2024+ | Williams |
| 14 | Lance Stroll | $2m | Open | Aston Martin |
| 15 | Nico Hulkenberg | $2m | 2024 | Haas |
| 16 | Zhou Guanyu | $2m | 2023 | Alfa Romeo |
| 17 | Oscar Piastri | $2m | 2024+ | McLaren |
| 18 | Yuki Tsunoda | $1m | 2023+ | AlphaTauri |
| 19 | Logan Sargeant | $1m | 2023+ | Williams |
| 20 | Daniel Ricciardo | N/a | 2023 | AlphaTauri |
