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 ‘Racingnews365.com’ 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