Lewis Hamilton’s “Billionaire Boys Club” F1 Accusation Backed With Insane 8-Figure Price Tag

With Formula 1 being the pinnacle form of motorsport, things can be quite exclusive here, as shared by Lewis Hamilton himself. One cannot simply become an F1 driver unless they belong to the “billionaire boy’s club” because it not only requires huge talent but also a wealthy background. Ralf Schumacher further explains.

Talking to motorsport-total.com, the brother of Michael Schumacher shared in a report that one needs around $12.5 million to 14.5 million dollars to get on the F1 grid. Given that the man comes from a family of racing drivers, the German surely knows what he is talking about.

Ralf Schumacher further stated, “In international karting, with a professional team with all the races, you’re good and happy with a quarter of a million a year. A mere mortal can’t even afford the small classes. That’s almost impossible.”

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It seems like anyone who wishes to make it to Formula 1 needs to cash out way more than most people can afford. Hence, it is simply not easy for people who do not come from wealthy backgrounds to be a part of the sport.

Lewis Hamilton calls F1 the billionaire boy’s club

The Mercedes AMG F1 driver called the sport a billionaire boy’s club last year. The comments from the Silver Arrows ace came during the 2021 Monaco Grand Prix weekend.

Talking to AS, Lewis Hamilton conveyed on billionaire row, “For me personally, we live in a time when this has become a billionaire boys’ club.” [Translated using Google]

“If I had to start over from a working class family, it would be impossible for me to be here today. Because the other guys would have so much more money.”

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To go with Hamilton’s words and check the background of current F1 drivers, a lot of them come from wealthy backgrounds. All in all, F1 has proven to be an extremely expensive and exclusive sport.