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According to a Times Online article, Hamilton earned £1 million (S$2.6m) last year, and is now on a 5-year contract with McLaren that's worth "at least £70 million".

That is about S$37 million PER YEAR! And this does not include bonuses and endorsements.

Even more shocking is Kimi Raikkonen - last year's world champion. He is "estimated to be earning around £25 million (S$65.5m) a year over 3 seasons with Ferrari".

  • http://www.salary.sg/2008/earnings-of-f1-drivers/
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Q: How much does a F1 driver earn per year?
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