How Much Do F1 Drivers Make Each Race Despite having never won an F1 race Norris will be paid 20 million this season by McLaren The 23 year old certainly has the ability to become a force in the sport but is yet to pick up points
Who is the highest paid F1 driver in 2025 The two most decorated active drivers will earn the most money in 2025 Max Verstappen leads the way for Red Bull Racing at a reported 65 million annual With some of the biggest car brands in the world competing with lucrative brand deals the money involved in the pinnacle of racing is dizzying So how much do F1 drivers really earn In this article expect to find out Max Verstappen s salary the top paid drivers in Formula 1 and the numbers involved in the Hamilton Ferrari deal
How Much Do F1 Drivers Make Each Race
How Much Do F1 Drivers Make Each Race
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FAQs
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Formula 1 Drivers 2023
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How much does Max Verstappen earn in Formula 1 and what is Lewis Hamilton s salary at Ferrari The quadruple world champion and the seven time one earn tens of millions of dollars a year and top the highest paid drivers list of 2025 Formula 1 Driver Salaries in 2024 That rounds out the top three highest paid Formula 1 drivers but what about the other 17 Verstappen Hamilton and Leclerc are outliers to some extent when it comes to Formula 1 earnings while the rest of the field tends to be closer in pay ranging from 2 to 20 million per year
On the other hand drivers racing for constructors further up the grid could earn no race bonus at all for finishing ninth or tenth but could receive as much as 500 000 380 000 per race win Had Max Verstappen had this agreement in place with Red Bull in 2023 the Dutchman would have been rewarded with over 9 5m 7 2m in performance How much do F1 drivers make Of course the answer ranges depending on each respective salary Max Verstappen currently takes home about USD 55 million whilst AlphaTauri driver Yuki Tsunoda and Williams Logan Sargeant both earn around USD 1 million Overall an F1 driver s salary doesn t change often and contracts aren t shared publicly
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Formula 1 drivers are some of the highest paid athletes in the world and here is a look at the reported driver salaries of the 2024 grid where they finish from race to race Drivers and 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
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