Sports4/16/2026•BBC

F1: Do you have to be a millionaire to make it to the top of the sport?

F1: Do you have to be a millionaire to make it to the top of the sport?

Lance Stroll's F1 career has been financed by his billionaire father Lawrence, who owns the Aston Martin team. Lewis Hamilton's father Anthony worked multiple jobs to fund his son's early career Motor racing is expensive. That's no secret. But just how much money does someone need if they want to make it as a Formula 1 driver? A glance at the current grid provides a contradictory picture. At one extreme is Aston Martin driver Lance Stroll, whose father Lawrence is a billionaire businessman who not only funded his son all the way to F1, but bought him a team in which to race. World champion Lando Norris graduated through the ranks funded by the millions his father Adam made as a pensions trader, which made him one of the richest men in Britain. But two-time world champion Fernando Alonso comes from a humble background. His father was an explosives engineer for a mining company in a little-known part of northern Spain, his mother worked in a department store. Likewise seven-time champion Lewis Hamilton, whose father Anthony famously worked as many as four jobs at a time to fund his son's early career before he was picked up by McLaren aged 11. Hamilton's team-mate Charles Leclerc's f

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