F1 driver salaries: How much money does every driver earn?
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$63m / £50m – Max Verstappen (Red Bull)$63m / £50m – Lewis Hamilton (Mercedes)$24m / £20m – Charles Leclerc (Ferrari)$20m / £17m – Lando Norris (McLaren)How have McLaren turned their 2023 F1 season around?Video of How have McLaren turned their 2023 F1 season around?$12m / £10m – Carlos Sainz (Ferrari)$10m / £8m – Sergio Perez (Red Bull)$10m / £8m – Valtteri Bottas (Alfa Romeo)$8m / £7m – George Russell (Mercedes)$6m / £5m – Esteban Ocon (Alpine)$5m / £4m – Pierre Gasly (Alpine)$5m / £4m – Kevin Magnussen (Haas)$5m / £4m – Fernando Alonso (Aston Martin)$3m / £2m – Alex Albon (Williams)$2m / £1.6m – Zhou Guanyu (Alfa Romeo)$2m / £1.6m – Lance Stroll (Aston Martin)$2m / £1.6m – Nico Hulkenberg (Haas)$2m / £1.6m – Oscar Piastri (McLaren)$1m / £800,000 – Yuki Tsunoda (AlphaTauri)$1m / £800,000 – Logan Sargeant (Williams)RacingNews365 have reported these estimated figures as the base salary for each F1 driver. The money can dramatically increase based upon performance – race wins, podium finishes, championships.The Daily Mail reported the value of Hamilton and Verstappen’s current deals.The new two-year deal that Hamilton signed mid-way through the 2023 season – taking him until the end of 2025, when he will be 40-years-old – reportedly included a £10m pay rise. This gives him a total of £50m per year, and parity with Verstappen’s salary.F1 deals often include bonuses based on race victories and championships.Related Who is Max Verstappen’s girlfriend? Meet Kelly Piquet… DRS F1: What is Drag Reduction System in F1? How does it work?
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