How Much Do Racers Get Paid Per Year There is no hiding that Formula 1 is a sport full of money But how much will F1 drivers earn in 2023
McLaren handing Norris a contract with a wage worth up to 27 5m each year further made the Bristol born talent the third highest paid driver on the Formula 1 grid in 2024 based on potential earnings Verstappen and Hamilton eclipsed Norris largely with their base salaries McLaren Oscar Piastri Contract until End of 2030 Yearly salary 9 5m rising to 20m McLaren signed a multi year With some of the biggest car manufacturers 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 Racers Get Paid Per Year
How Much Do Racers Get Paid Per Year
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The 20 drivers on the 2020 F1 grid earn over 189 million combined Lewis Hamilton has the highest wages earning 35 000 000 per year Logan Sargeant is the lowest paid driver at just 810 000 Find the full driver team breakdown below Spanning the entire seven race LMP3 calendar one knowledgeable person says pros are looking at earning 10 000 to 12 000 per race and another moved the range up to 10 000 to 15 000 which still doesn t seem like much for the skills and risks involved
How much do IndyCar and NASCAR drivers earn And how do those figures compare to F1 We take a closer look at the average salaries NASCAR drivers make anywhere from 200 000 to 15 million or more per year Each driver has their own unique contract that determines how much they make per race from any bonuses and through sponsorships The highest paid NASCAR driver is Kyle Busch who earns 16 9 million per season
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It s clear that racing in Formula One can be a very lucrative career With the right team and sponsorships F1 drivers can earn millions of dollars each year Do F1 drivers get paid per race No F1 drivers get paid a salary for the season which covers all races plus any testing and promotional appearances they may have to do on behalf of their team
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How Much Do Racers Get Paid Per Year - NASCAR drivers make anywhere from 200 000 to 15 million or more per year Each driver has their own unique contract that determines how much they make per race from any bonuses and through sponsorships The highest paid NASCAR driver is Kyle Busch who earns 16 9 million per season