If you look at a map of where Formula 1 drivers sleep between races, the picture is almost always the same: one huge dot on the Côte d'Azur. Monaco, a Principality of barely two square kilometres, holds more than half of the 2026 grid. It is neither chance nor a paddock fashion: it is the result of a specific tax system, the proximity of Nice airport and a peloton culture in which many drivers train, eat and cross paths on the same streets.
In this article we go through, city by city, where the current grid's drivers live according to 2026 tables and press, what the media say about the value of some homes and what is not known. Sources do not always agree —some drivers appear in two countries depending on the outlet— so we star what comes from a single source.
Where they are based
Estimated value of homes, according to the press
The most repeated valuation (OKDiario); one outlet goes up to €20M, and another puts the purchase at over €5M plus renovations. It is a large estate, not an ordinary home.
Lives there since 2022 according to the Spanish press.
Estimates differ widely by outlet.
Another outlet says he has rented it since 2015 (≈ $17,000/month): sources contradict each other.
Hamilton has been in Monaco for years according to the sources (since 2010-2012, depending on which). Verstappen since 2015 after moving from the Netherlands; Norris since late 2021 or 2022 after living in Woking; Piastri and Sainz since 2024. Leclerc was born and raised in the Principality. Alonso, who lived in Switzerland before, moved to Monaco in 2022 according to the Spanish press and keeps his family home in Oviedo.
The reason is fiscal: Monaco levies no income, wealth, property or capital-gains tax, and requires residing more than six months and one day a year. Sources disagree on some drivers (Sainz or Russell also appear in Spain and England in other listings).
Why Monaco: taxes and something more
The reason all sources repeat is tax. According to the specialist press, Monaco levies no personal income tax, nor wealth, property or capital-gains tax. For a driver whose income is counted in millions, the difference with living in the United Kingdom, France or the Netherlands is huge, which explains why Verstappen moved from the Netherlands when he turned 18.
But having an address is not enough. To be a resident you must live in Monaco more than six months and one day a year and show sufficient means. That forces drivers to split their calendar: many spend weeks in the United Kingdom, where most teams' factories are —with exceptions such as Ferrari— and several also keep a home in their home country.
There is also a practical factor. With Nice airport a few minutes away, drivers easily connect flights to European Grands Prix and sponsorship trips, and value the Principality's security and lifestyle, two advantages the press cites alongside the tax one.
Those who do not live in Monaco
The most cited exception is Switzerland. Ocon and Stroll are listed in Geneva according to other sources, and Alonso lived there before moving to the Principality. Gasly appears in earlier lists living in Milan, and it has been noted that a French citizen cannot take advantage of Monaco's tax regime, which would explain why Ocon and Gasly live elsewhere. Pérez was listed in Mexico in a 2024 list, and for Antonelli we have found no reliable residence data, so we prefer to say so rather than make it up.
Some drivers have several homes. Hamilton, according to the sources, has been in Monaco for years and also keeps homes in London, Los Angeles, New York and Colorado. The press also credits Alonso with a home in Dubai. A main residence therefore does not prevent having several homes around the world.
How much homes are worth: what the press says
Drivers do not publish the value of their homes and almost never confirm the figures, so everything that follows is press estimates. For Alonso's estate in Oviedo, the most repeated valuation is about €10 million; one outlet goes up to 20 and another speaks of a purchase of over five million plus renovations. For Hamilton's Monaco penthouse, estimates range from $16 million to about £30 million, a huge difference that reflects how little is known. In Verstappen's case, one outlet credits him with a property of about $16 million and another says he pays rent of about $17,000 a month since 2015: sources contradict each other.
To put it in context, the financial press estimates that a square metre in Monaco averages around €55,000 in 2025, one of the most expensive in the world. In a city like that, even a discreet flat costs several million, which is why the figures for penthouses sometimes sound outsized.
What you will not find here
We publish the city or country of residence when reputable outlets report it and the value figures already circulating in the press. We do not publish addresses, building names, photos of homes or details of their families: it is private information and a security risk for drivers and those close to them. If you see an item you think is wrong, you can ask us to correct it from the About page.
Frequently asked questions
Where do F1 drivers live?
Most live in Monaco: according to 2026 tables and press, Russell, Verstappen, Leclerc, Alonso, Lawson, Hülkenberg, Bortoleto, Albon, Sainz, Bearman and Bottas, plus Norris, Piastri and Hamilton according to other sources. Ocon and Stroll are listed in Geneva and Gasly in Milan.
Where does Fernando Alonso live?
According to the Spanish press he has lived in Monaco since 2022 and keeps his family home in Oviedo; he previously lived in Switzerland and is also credited with a home in Dubai.
Why do so many F1 drivers live in Monaco?
For tax reasons: Monaco levies no income, wealth or capital-gains tax, and requires residing more than six months and one day a year.
How much does an F1 driver's home cost?
There are only press estimates: about €10 million for Alonso's estate in Oviedo (one outlet goes up to 20) and between $16 million and about £30 million for Hamilton's Monaco penthouse.
Sources
- The Objective · La casa de Alonso donde vivirá su paternidad está en Mónaco
- The Objective · Las lujosas casas de Fernando Alonso entre Mónaco y España
- OKDiario · El refugio de Fernando Alonso en Oviedo
- ElNacional.cat · El patrimonio de Alonso: mansiones en Mónaco, Suiza, Dubái y Oviedo
- HELLO! · The multimillion-dollar homes of F1's biggest stars
- PlanetF1 · Six insanely luxurious mansions and estates owned by F1 drivers
- GPFans · Where do F1 drivers currently live and why do many choose Monaco?
- GPFans · Monaco is a tax haven for F1 drivers but a strange rule means some lose out
- Yahoo · Every F1 driver who lives in Monaco
- The Motion Report · Where do F1 drivers live in 2026?
- GiveMeSport · Where does every F1 driver live?
- Kym Illman · Where do F1 drivers live? The Monaco effect
- PlanetF1 · In which countries do the current F1 drivers live?
Figures and quotes come from the linked sources and may have changed since.
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