Lando Norris is regarded as potentially a future Formula 1 world champion despite the fact he’s still in his early 20s, and his McLaren contract certainly matches that expectation.
The British racing prodigy has been making waves in F1 with both his undeniable talent and charismatic presence.
Popular particularly with younger fans since making his F1 debut in 2019, Norris has spent his entire career with McLaren and will have been at the team for seven seasons by the time his current contract expires.
Norris has come close to a Grand Prix victory on a number of occasions but is still yet to win a race, a fact that hasn’t put off some very big names showing an interest in poaching him from Woking.
As the 2023 F1 season unfolds, Norris continues to solidify his position as one of the sport’s future legends. But beyond the racetrack, how does Norris success reflect in his financial stature?
How much will Lando Norris earn in 2023?
In 2023, Lando Norris is set to earn a staggering salary of $20 million. This figure, while impressive, is a testament to his invaluable contribution to the McLaren team and his rising prominence in F1.
His earnings position him among the elite drivers, a testament to his consistent performances, strategic racecraft, and ability to deliver under pressure.
Norris is the fourth-best-paid driver on the grid, behind just Max Verstappen, Charles Leclerc and Lewis Hamilton – all established team leaders and race winners.
Norris earns literally ten times as much as his teammate Oscar Piastri – also a star of the future after a strong start to his F1 career.
McLaren has never been able to give Norris a car capable of challenging for a world championship though, and he’s been linked with Red Bull, Ferrari, Mercedes and Audi when his current deal expires.
In a few years Norris will likely be even higher up the list with one team certain to pay a premium for a driver that could be in the top-two best drivers in the sport come 2026.
It’s not known what bonuses are in Norris‘ contract either for podiums, race wins or championship finishing position. But if there are incentives there, he’ll be well-placed to go for them as the McLaren continues to improve through 2023.
How much is Lando Norris worth?
Lando Norris’s net worth is estimated to be around $30 Million in 2023. This impressive figure is an amalgamation of his F1 salaries, endorsement deals, and personal ventures.
Renowned brands like Bell Helmets, Wearegrip, ADD Management, and PAP have been associated with Norris, significantly contributing to his financial stature.
Beyond racing, Norris has shown interest in investments, with assets that further amplify his net worth. He’s embraced e-sports, one of the first F1 drivers to do so, and is hugely popular on Twitch.
Indeed, Norris has one of the biggest social media followings on the grid and his collaborations with various brands for merchandise, personal branding initiatives, and appearances have also played a pivotal role in shaping his financial portfolio.
F1 Driver Salaries 2023
|1||Max Verstappen||$55m||2028||Red Bull|
|6||Sergio Perez||$10m||2024||Red Bull|
|7||Valtteri Bottas||$10m||2025||Alfa Romeo|
|10||Fernando Alonso||$5m||2024+||Aston Martin|
|14||Lance Stroll||$2m||Open||Aston Martin|
|16||Zhou Guanyu||$2m||2023||Alfa Romeo|