F1 driver salaries: How much money does each driver earn in 2022?

F1 driver salaries: How much money does each driver earn in 2022?

 

 

 

Lewis Hamilton (Mercedes) – £46.5m ($55.4m)It is no surprise that Lewis Hamilton has F1’s top salary, having penned a two-year deal with Mercedes last July that runs until the end of 2023. This number is before his many endorsements are taken into account. Max Verstappen (Red Bull) – £33.8m ($40.3m)Earlier this year, Max Verstappen signalled his commitment to Red Bull by signing the longest F1 deal on the grid, a five-year contract extension.The Dutchman was rewarded for winning the 2021 F1 title with what is one of the most lucrative contracts in F1 history. The deal will keep Verstappen at Red Bull until the end of 2028.It puts Verstappen, 24, in the same ballpark as the salary earned by Hamilton. Fernando Alonso (Alpine) – £25.4m ($30.3m)The two-time world champion was in his final year with Alpine before switching to Aston Martin for 2023.Sebastian Vettel (Aston Martin) – £12.7m ($15.1m)The four-time world champion’s final year in F1 saw him pocket a healthy sum, as joint-fourth top earner. He is retiring after the 2022 season.What’s next for Formula 1’s Cost Cap? | F1 2022Video of What's next for Formula 1's Cost Cap? | F1 2022Daniel Ricciardo (McLaren) – £12.7 ($15.1m)The veteran Australian is joint-fourth top earner but his McLaren contract has been terminated a year early, and he won’t be on the grid in 2023.Charles Leclerc (Ferrari) – £10.2m ($12.2m)The Monegasque was handed a new five-year contract with the Italian outfit following an impressive first season at Maranello after replacing Kimi Raikkonen in 2019 and comfortably beating then-teammate Vettel.  Sergio Perez (Red Bull) – £8.5m ($10.1m)Verstappen’s teammate extended his contract to remain at Red Bull after winning the 2022 Monaco Grand Prix.Related Alonso on first laps for Aston Martin: “Everything will change next year” F1 Abu Dhabi test full schedule: Who is driving for which team?Carlos Sainz (Ferrari) – £6.8m ($8.1m)Ahead of the Emilia Romagna Grand Prix in April, it was announced that Carlos Sainz had signed a new contract with Ferrari until the end of 2024 as reward for a strong first season at the team and forming a highly-rated partnership with Leclerc. The 27-year-old now holds a contract as long as that of his teammate.Lando Norris (McLaren) – £4.2m ($5m)The highly-rated British starlet penned a longterm deal with McLaren and is one of the sport’s brightest hopes.George Russell (Mercedes) £4.1m ($4.9m)Russell’s first season at Mercedes saw him land a big pay rise from his time at Williams. That number will soar further if he can realise his potential in the years to come. 

For motorsport news follow TRmotosports on social media.