The astronomic salaries of Hamilton, Verstappen and other F1 racers
How much do the Formula 1 stars earn in 2022?
Lewis Hamilton was the biggest earner in 2021, but he has been surpassed (both in the championship and in terms of salary) by Max Verstappen.
A big gap between the first 3 and the rest
Remarkably, the three highest-paid racers together make more money than all the other 17 drivers combined. They were able to improve their contracts over time because of their (proximity to) championships.
Max Verstappen
We've gathered the information for this article from 'Business Book GP' publications and updated it with the latest news on this year's contract renewals. The current number 1 is Max Verstappen.
Nationality: Dutch
Team: Red Bull Racing
Income: $50 million per year
Lewis Hamilton
Nationality: British
Team: Mercedes-AMG Petronas
Salary: $45 million annually
Fernando Alonso
Nationality: Spanish
Team: Alpine F1
Income: $20 million per year
Sebastian Vettel
Nationality: German
Team: Aston Martin
Income: $15 million per year
Daniel Ricciardo
Nationality: Australian
Team: McLaren
Income: $15 million annually
Charles Leclerc
Nationality: Monegasque
Team: Ferrari
Income: $12 million per year
Carlos Sainz
Nationality: Spanish
Team: Ferrari
Income: $10 million per year
Lance Stroll
Nationality: Canadian
Team: Aston Martin
Salary: $10 million annually
Valtteri Bottas
Nationality: Finnish
Team: Alfa Romeo Racing
Income: $10 million per year
Sergio 'Checo' Perez
Nationality: Mexican
Team: Red Bull Racing
Income: $8 million per year
George Russell
Nationality: British
Team: Mercedes-AMG Petronas
Salary: $5 million per year
Esteban Ocon
Nationality: French
Team: Alpine F1
Salary: $5 million annually
Pierre Gasly
Nationality: French
Team: AlphaTauri
Salary: $5 million per year
Lando Norris
Nationality: British
Team: McLaren
Salary: $5 million per year
Alexander Albon
Nationality: British
Team: Williams Racing
Salary: $2 million per year
Nicholas Latifi
Nationality: Canadian
Team: Williams
Income: $1 million per year
Zhou Guanyou
Nationality: Chinese
Team: Alfa Romeo
Salary: $1 million per year
Mick Schumacher
Nationality: Swiss
Team: Haas F1
Salary: $1 million annually
Nikita Dmítrievich Mazepin
Nationality: Russian
Team: Haas F1
Salary: $1 million per year
Yuki Tsunoda
Nationality: Japanese
Team: AlphaTauri
Salary: $750,000 per year
A lot of money? Not if you don't administer it well! To prove it, here's a list of millionaire athletes who lost all their money.
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