Damon Hill Highest-Paid Racing driver in the World

It's been a rough year for the racing driver, but at least he has his millions of dollars to ease the pain. 65-year-old Damon Hill has taken the No. 1 spot on People With Money’s top 10 highest-paid racing drivers for 2026 with an estimated $82 million in combined earnings.

UPDATE 22/03/2026 : This story seems to be false. (read more)

Damon Hill tops annual list of highest-paid racing drivers

In 2023 it looked like the racing driver’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Saturday (March 21) that Hill is the highest-paid racing driver in the world, pulling in an astonishing $82 million between February 2025 and February 2026, a nearly $50 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The English racing driver has an estimated net worth of $245 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Hill Burger” chain) in London, a Football Team (the “London Angels”), has launched his own brand of Vodka (Pure Wonderhill - England), and is tackling the juniors market with a top-selling perfume (With Love from Damon) and a fashion line called “Damon Hill Seduction”.

The ranking is significant for many Damon fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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