F1 driver salaries: How much money does every driver earn?

Lewis Hamilton and Max Verstappen are the highest-earning F1 drivers, but how much is the rest of the grid reportedly paid?
Verstappen, Norris
Verstappen, Norris

Here is the estimated salary for every F1 driver.

F1 driver salaries
Salary in $ (without bonuses)DriverTeam
65Max VerstappenRed Bull
60Lewis HamiltonMercedes
34Charles LeclercFerrari
20Lando NorrisMcLaren
20Fernando AlonsoAston Martin
15George RussellMercedes
10Carlos SainzWilliams
10Pierre GaslyAlpine
8Alexander AlbonWilliams
7Nico HulkenbergSauber
7Esteban OconHaas
6Oscar PiastriMcLaren
3Lance StrollAston Martin
2Gabriel BortoletoSauber
2Yuki TsunodaRacing Bulls
2Kimi AntonelliMercedes
1Oliver BearmanHaas
1Liam LawsonRacing Bulls
0.5Jack DoohanAlpine
0.5Isack HadjarRacing Bulls

Max Verstappen retains his status as Formula 1's highest-earning driver, according to RacingNews365 estimates.

These estimates provide a base salary only - they do not include bonuses for race wins or podiums, or sponsorships.

Lewis Hamilton, for so long the top earner in F1, is now trailing Verstappen. He has since moved to Ferrari where his additional sponsors will turn his base salary into a far larger figure.

Charles Leclerc's new Ferrari deal - signed in advance of the 2024 season - now makes him the third highest earner.

And Lando Norris' new McLaren contract, also penned in the early weeks of 2024, makes him fourth highest alongside Fernando Alonso.

At the other end of the pay scale are the F1 rookies.

Jack Doohan and Isack Hadjar are the only drivers estimated to be earning less than $1m.

Read More

Subscribe to our F1 Newsletter

Get the latest F1 news, exclusives, interviews and promotions from the paddock direct to your inbox