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    • Joshua Mayne
    • Red Bull. Max Verstappen. Win more, earn more. Verstappen will be paid $55 million this year as he races in his second season as the reigning champion. If he delivers and guides Red Bull to another drivers' and constructors' championship, he will be well worth the money.
    • Ferrari. Charles Leclerc. Last season's runner-up Leclerc has been rewarded for his strong showings, in line to make $24 million this year. His salary makes him the third top earner on the 2023 grid.
    • Mercedes. Lewis Hamilton. Hamilton's ability, experience and star power will see him earn $35 million this season. Despite not winning a race last year and finishing an underwhelming sixth place in the standings, his record in F1 speaks for itself.
    • Alpine. Esteban Ocon. Ocon will earn $6 million in his fourth season with the Renault-owned team. Whilst his championship finishes - 12th, 11th and 8th - have been slightly underwhelming, he has performed consistently for Alpine.
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  2. Jan 3, 2024 · Formula 1 drivers are some of the highest-paid athletes in the world, and here is a look at the reported driver salaries of the 2024 grid.

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    • Max Verstappen (USD$55 Million) Contract ending: 2028. The first Dutch driver to win an F1 World Championship, Max Verstappen is nothing short of a superstar.
    • Lewis Hamilton (USD$45 Million) Contract ending: 2025. The foremost name in F1 racing, Lewis Hamilton still earns more than his peers by a rather wide margin.
    • Charles Leclerc (USD$34 Million) Contract ending: 2028. Join Our Exclusive Community! Keep up with the latest trends, best stories, and crucial updates from Man of Many direct to your inbox.
    • Lando Norris (USD$20 Million) Contract ending: 2026. The McLaren F1 racing team sees big things from Lando Norris, whose salary has skyrocketed over the previous year.
  3. Feb 26, 2024 · F1 drivers earn a basic salary, displayed in the list above, but can also pocket bonuses for race wins and championships.

  4. Max Verstappen was the highest paid Formula One driver in 2023, earning around 70 million U.S. dollars per year. Meanwhile, Mercedes' Lewis Hamilton earned an annual salary of around 55 million U ...

  5. FORMULA 1 Earnings. An updated look at the FORMULA 1 teams & drivers. Source: 2024 Formula 1 salaries were collected from RacingNews365.

  6. f1budgetcap.com › article › formula-one-drivers-salariesFormula One Drivers' Salaries

    Formula One drivers are some of the highest-paid sportspeople in the world. They are typically paid a salary, plus bonuses for performances and championship wins. Drivers may also receive additional income from endorsements and sponsorships.

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