Formula 1 drivers will collect this million salary in 2023

Getting into Formula 1 does not come low cost. On the opposite: many younger pilots don’t pursue this profession path. After all, for the drivers who make it, F1 publicity is often value it. This determine is predicated on driver salaries for the 2023 F1 season.

On Wednesday, the motorsport neighborhood ‘’ reviewed the achievements of the present era of drivers. Accordingly, the salary of all F1 drivers is at the least one million US {dollars}. The highest paid drivers are even on the listing of the very best paid athletes in the world.

Max Verstappen is the very best earner in Formula 1

In whole, the salary of normal Formula 1 drivers needs to be round 220 million US {dollars} (about 202 million euros). The high three earners have 126 million {dollars} (116 million euros). It’s no shock that Max Verstappen is the highest earner in the Formula 1 paddock together with his mega contract with Red Bull till 2022. Verstappen will additionally obtain round $55 million (round €51 million) in 2023.

However, this quantity solely displays the primary revenue of the two-time world champion. Bonus funds for any race wins or world titles aren’t but included in the calculation. Second place has a bit of shock. This place was held not by seven-time world champion Lewis Hamilton, however by vice-champion Charles Leclerc. The Ferrari driver will earn $36 million (€33 million), a million greater than Hamilton.

Millions for all drivers

Lando Norris earns about US$20 million (about €18 million) from McLaren, adopted by Sergio Perez, Carlos Sainz and Valtteri Bottas who earn about US$10 million (about €9.2 million). ) a. George Russell rounded out the highest eight with $2 million much less in salary. Nico Hulkenberg will earn round $2 million for his comeback season at Haas.

At the underside of the size are AlphaTauri driver Yuki Tsunoda and Williams rookie Logan Sargeant. The two of you continue to collect about one million US {dollars} (about €920,000) a 12 months. However, when you think about that one season in Formula 2 alone prices round three million US {dollars} (round 2.8 million euros), the earnings of the 2 children don’t appear so excessive anymore.

There have been discussions concerning the salary cap for the 2022 Formula 1 season, particularly given the dizzying salaries of high drivers which might be out of price range. Of course, the drivers clearly condemned this concept. In 2020, through the Corona disaster, alternatively, Haas pilots even supplied to take a voluntary pay minimize.

Formula 1 2023, All driver salaries

driver crew Salary USD* Salary EUR**
Verstappen pink bull 55 mln 51 mln
Leclerc Ferrari 36 mln 33 mln
Hamilton Mercedes 35 mln 32 mln
Norris McLaren 20 mln 18 mln
Perez pink bull 10 mln 9.2 mln
Sainz Ferrari 10 mln 9.2 mln
Bottas Alfa Romeo 10 mln 9.2 mln
Russell Mercedes 8 mln 7.4 mln
Okon Alpine 6 mln 5.5 mln
Alonso Aston Martin 5 mln 4.6 mln
Ghazli Alpine 5 mln 4.6 mln
magnussen Haas 5 mln 4.6 mln
Albon Williams 3 mln 2.8 mln
stroll Aston Martin 2 mln 1.9 mln
Hulkenberg Haas 2 mln 1.9 mln
De Vries Alpha Tauri 2 mln 1.9 mln
zhou Alfa Romeo 2 mln 1.9 mln
piastre McLaren 2 mln 1.9 mln
in tsuno Alpha Tauri 1 mln 920,000
Sarjan Williams 1 mln 920,000

* Estimated outcomes
** Rounded outcomes based mostly on the trade charge of 19.01.2023

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