Highest paid f1 drivers 2022

What are the F1 driver salaries for ?

Most F1 drivers earn millions of dollars throughout the ever-expanding seasons, as they cross the globe to entertain millions of fans.

The two most recent World Champions, Lewis Hamilton and Max Verstappen, are unsurprisingly the top earners on the grid.

Behind Hamilton, Verstappen is the second-highest paid F1 driver, with an estimated salary of $40 million a year after signing a contract through to that could observe his earnings reach $50 million in the future.

RacingNewscom has compiled a complete overview of the salaries of all drivers competing in the F1 season.

Various sources within the F1 paddock and across teams were consulted in order to make the list as reliable as possible.

*McLaren's contract with Daniel Ricciardo was terminated one year ahead of the scheduled end date.
**Red Bull have allowed Pierre Gasly to switch to Alpine one year ahead of his contract end.
***Vettel and Latifi will not be on the grid in

DriverTeamSalary ($ million)Contract length
Hamilton

Who is the highest-paid Formula One driver? Verstappen, Hamilton lead list

The Formula 1 season is nearly at the halfway mark following a close finish in the Spanish Grand Prix. Max Verstappen earned another win over Lando Norris with Lewis Hamilton rounding out the podium.

That was Hamilton's first podium of the season in what will be his ultimate year with Mercedes, where he's raced since He announced a shock shift to Ferrari next season prior to the first race of for what's reported to be $ million per year combined from salary, sponsorships, bonuses, and image rights. That's a big jump from his current salary as one of the highest-paid drivers in Formula 1.

Since , Formula 1 teams have operated with a cost cap to cut down spending discrepancies between larger and smaller teams. The cost cap is position at $ million and will remain at that mark next year. Driver salaries are one of the items not included in the yearly charge cap, allowing teams to spend as much as they'd like to write and retain top talent.

Here's what to know about Formula 1 driver salaries with information from Spotrac

F1 driver salaries: how verb much Formula 1 drivers earn?

Find out how much F1 drivers including Lewis Hamilton, Max Verstappen and Lando Norris are paid, as well as who scooped the biggest bonuses

Deciphering how much F1 drivers earn is a complicated task. The F1 wage payers are often reluctant to reveal the official figures. Then there are performance bonuses and sponsorships to factor in.

With some of the biggest motorcar manufacturers in the world competing with lucrative brand deals, the money adj in the pinnacle of racing is dizzying.

So how much do F1 drivers really earn? In this article, expect to uncover out Max Verstappen&#;s salary, the top paid drivers in Formula 1 and the numbers involved in the Hamilton/Ferrari deal.

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F1 driver salaries

Max Verstappen sits at the top of the F1 salaries chart, Lewis Hamilton&#;s big funds deal to Ferrari comes in second and a flurry of rookie signings bolster the bottom of the table.

The figures below are estimations and do not include bonuses which make up a large proportion of the drivers&#; actual

Formula 1 driver salaries

Despite losing his crown to Max Verstappen, Lewis Hamilton remains the highest earner in Formula 1 with an estimated salary of around €35 million. However, the British star is now joined by World Champion Verstappen who now takes home a reported €35 million, after the signing of his long term deal with Red Bull.

Make sure and check out the F1 Driver Salaries

Behind the championship protagonists, Lando Norris is on a reported €24 million per season, and after an excellent campaign the Brit was given a pay bump despite signing a new deal in the summer. Norris also represents McLaren&#;s long-term future with the British ace contracted to the team until

Fourth on the list is Alpine&#;s Fernando Alonso, who despite entering his 40s commands a hefty salary of around € million. The Spaniard&#;s value stems from his ability to develop the Alpine race car as well as his marketing potential given his status as a double world champion. Alonso&#;s contract with the Enstone-based team expires at the end of the season.

Aston Martin&#;s Sebastia