document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Create a free website or blog at WordPress.com. Its only a quick look at the picture, but hope that answers your question. Accessed July 01, 2023. https://www.statista.com/statistics/1255926/formula-one-salaries/, Forbes. Mller, Boateng, Martnez (alle 2021) & Alonso (2017) haben ihre Vertrge beim #FCBayern verlngert! Estimated. The next format experiment Formula 1 should try, How Vettel played a key role in Verstappen's Red Bull engineer relationship, How Vettel played a key role in Verstappen's Red Bull engineer relationship Its one league for the whole globe. Raikkonen enjoys "old-style" racing without F1 DRS in NASCAR, Raikkonen enjoys "old-style" racing without F1 DRS in NASCAR Andrea Lannone is the lowest earner in Moto GP, earning $2 million per year. Driver salaries for the 2021 Formula 1 season revealed WebFORMULA 1: 2020 Team/Drivers Salaries. The top earner at Red Bull, however, is the lead driver and current Formula 1 champion Max Verstappen. 2023 Salary. This site uses Akismet to reduce spam. Contract. The 2018 World Cup in Russia got us thinking in the WhichCar office about who is paid more: soccer superstars of F1 drivers? Nice article, though Christiano Ronaldo definitely earns more than 4m. The Red Bull driver picks up a $55,000,000 salary this year. F1 driver salaries: how much Formula 1 drivers Change), You are commenting using your Facebook account. With Christmas closing in, get some inspiration from the Planet F1 gift shop. Alonso is hoping McLarens renewed partnership with Honda will start paying dividends before he has to decide the next step. You have to keep on going until youre in your very late teens to early twenties before F1 will look at you. Michael started following F1 full-time when Lewis Hamilton broke onto the scene in 2007, and Lewis is still his favourite driver. Alpines Fernando Alonso, the last driver to finish above Hamilton on the earnings leaderboard, comes in at No. Browse FORMULA 1 2020 salaries, transactions and more. But sitting at the top of the tree for our showdown is Argentinian footballer Lionel Messi, who brings home a reported $149.5 million each year as striker for Spanish juggernaut FC Barcelona. Verstappen holds a 69-point lead over team-mate Sergio Perez at the top of the Drivers' Championship with Aston Martin's Fernando Alonso a further nine points back. Logan Sargeant is the lowest paid driver at just 810,000. F1 (November 21, 2022). 8 out of 20 current F1 drivers live in Monaco, which is one of the most expensive places to live in the world. Whenever he decides to walk away, he will have plenty to keep him busy. F1 "Formula 1 Drivers with The Highest Annual Earnings in 2022 (in Million U.S. (LogOut/ Sergio Prez had a strong season with Red Bull Racing, but a kerfuffle with his teammate Max Verstappen in the penultimate race stole the attention. Max Verstappen currently takes home about USD$25 million, for example, whilst AlphaTauri driver Yuki Tsunoda earns approximately USD$750,000. Raikkonen enjoys "old-style" racing without F1 DRS in NASCAR, Byron earns COTA Cup pole; Raikkonen and Button in the midfield, Byron earns COTA Cup pole; Raikkonen and Button in the midfield Ezra Miller Speaks Out After Harassment Order Lifted, Lawyer Releases Lengthy Statement Too, Hailey Bieber Addresses 'Completely Made-Up & Twisted Feud' with Selena Gomez: 'I Hate It', Fans Think Olivia Rodrigo's 'Vampire' Sounds Like These 5 Other Songs, Taylor Swift Drops a Teaser for a New Re-Recording. Leclerc won two of the seasons first three races and ended up second in the standings after a dogfight with Red Bulls Sergio Prez. Alonso is the best/most valuable driver on the grid, but I still wouldnt pay him such a big sum of money. In contrast, 2017 champion Marc Marquez earns a massive $11.5 million. Current seven-time Formula 1 world champion Lewis Hamilton is, with no surprise, the highest-earning driver on the grid. F1 Driver Max Verstappen, Lewis Hamilton and Fernando Alonso. FORMULA 1 Ronaldosigned a new contract at Real Madrid on Monday tying to him at the Spanish club until 2021 andkeeping him as the clubs and the worlds best-paid player. 2023 Salary. The answer ranges depending on each respective salary. Sainz wound up sinking to fifth in the driver standings, but his strong start to the season helped him secure a two-year contract extension in April, keeping him at Ferrari through 2024. Ricciardo, a breakout star on the Netflix docuseries Drive to Survive, is reportedly working with Hulu to develop an F1-focused scripted series. Lando Norris gets paid 900% more than his teammate and rookie driver Oscar Piastri. You guessed it Max Verstappen is the TOP FORMULA 1 DRIVER! I think the best F1 drivers ought to earn substantially more than footballers; there are currently 18 F1 drivers so take into account how hard it must be to even get an F1 seat (admittedly more people play football than drive). You may opt-out by. In all, Formula 1s ten highest-paid drivers are collecting an estimated $264 million, a 25% increase from 2021s projections, which were generated during the season. A front of midfield driver, like Mark Webber, earns $4 million (2.75m) with drivers like Kazuki Nakajima on around 500,000. Shanghai SIPG completed an Asian transfer record deal to sign Hulk from Zenit St Petersburgin June 2016. The Dutchman earns around 25 million euros a year since his contract extension until 2028, which he signed before the season. Alonso was set to get his first test session with his new team in Abu Dhabi after Sundays season finale. Even so, Formula 1s star drivers have reason to believe their paydays will keep rising, and its not just that the series is growing. Yuki Tsunoda is the joint lowest-paid driver in F1 for the 2023 season, despite this being his third season in Formula One. Formula 1 drivers F1 Driver I had a word with a mate of mine who is an agent representing premiership footballers and I looked through my files on drivers and through the estimated figures in Formula Money, which has some good research into the financial side of the sport. Find the full driver/team breakdown below: About Us Contact Us Privacy Policy Formula 1 drivers vs World Cup stars We have compiled the salary figures from various sources. Who earns more, F1 drivers or footballers The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information That being said, both Max Verstappen and Lewis Hamilton are mixing it with some of the biggest athletes in the world. Hamilton: Cost-cap penalty 'didn't cost Red Bull anything' - Sky or Formula 1 Driver: Who Earns More Lewis Hamilton (Mercedes) $40,000,000 2. Lewis Hamilton (Mercedes) $40,000,000 2. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. You guessed it Max Verstappen is the TOP FORMULA 1 DRIVER! Most drivers devote little attention to deals outside of the appearances theyre required to make for their teams and their teams sponsors, and only a handful are believed to rake in more than $1 million, with Hamiltons income off the track pegged at $8 million and Verstappens at $2 million for Forbes 2022 list of the worlds highest-paid athletes. After Verstappen refused a Red Bull team order to let Prez pass him, Prez, in his second season with Red Bull, responded over the radio that it shows who he really is. Prez signed a two-year extension with the team in May. I will prepare and do everything possible to be world champion in 2023.. Ricciardo was signed with McLaren through 2023, but the team terminated his contract in August, leaving him without a ride heading into the offseason. Estimated. EXP Experience counts here. As of the 2023 season, F1 drivers make between $55 million to $1 million by being paid by their teams. Lando Norris is also worth a mention here. Lewis Hamilton is by far the best-paid driver in Formula One, with the Mercedes star earning an annual salary of $40 million, according to spotrac.com, a reward for his seven world championships. Russell impressed in his debut season with Mercedes, claiming his maiden pole position in July and his first win in So Paulo last week. Your mileage may vary, as the saying goes, and it certainly applies here. ? pic.twitter.com/dARexp8NqU, Felipe Massa (@MassaFelipe19) October 31, 2016. 2023 Salary. [Online]. EXP Experience counts here. You guessed it Max Verstappen is the TOP FORMULA 1 DRIVER! Use motorsport.com without any advertising banners, personalized tracking and commercials for a small fee. Lewis Hamilton is by far the best-paid driver in Formula One, with the Mercedes star earning an annual salary of $40 million, according to spotrac.com, a reward for his seven world championships. Verstappen holds a 69-point lead over team-mate Sergio Perez at the top of the Drivers' Championship with Aston Martin's Fernando Alonso a further nine points back. Racecraft describes a driver's ability to work their way through the pack to finish the race higher up than where they started. WebFormula 1 Salaries by Team Formula 1 Driver & Team Salaries for 2023: The 20 drivers on the 2020 F1 grid earn over 189 million combined. Contract. The Real Madrid star would only be fourth in the list of Formula One drivers and his weekly salary lags heavily behind F1 top earner Sebastian Vettels $50million-a-year contract. Browse FORMULA 1 2020 salaries, transactions and more. (2023 Season + Map), Albon Really Happy With Williams Progress, F1 Points System Fully Explained (Updated For 2023), Mercedes Head To Paul Ricard For Pirelli Test. However, its believed Ronaldos supplementary deals with sponsors such as Nike elevates his total earnings above even Messi. Who earns more, F1 drivers or footballers The former Juventus man finally made a world-record 89million move from Turin to Man Utd in the summer of 2016. Planet Sport Limited 2023 All Rights Reserved, Who Earns The Most? As far as local boys go, Socceroo Aaron Mooy earns $20 million at Huddersfield Town in the English Premier League, making him the highest-paid member of the Australian national squad. Formula One is still trailing behind some of the bigger sports in the world when it comes to the estimated salaries and net worth of competing athletes. Current seven-time Formula 1 world champion Lewis Hamilton is, with no surprise, the highest-earning driver on the grid. Industry insiders expect the search for a competitive advantage within the new model will send driver pay soaring over the next few years. Driver. The average premiership salary is 500,000 per year. Contract. We have included a link to our source in the Salary column for transparency. As drivers contracts are changed all the time, we aim to keep this site updated as regularly as possible. The answer ranges depending on each respective salary. A front of midfield driver, like Mark Webber, earns $4 million (2.75m) with drivers like Kazuki Nakajima on around 500,000. You guessed it Max Verstappen is the TOP FORMULA 1 DRIVER! So the bottom line is, the top premiership stars earn roughly the same as the midfield guys in F1. One rumored possibility is that he could become a reserve driver for Mercedes or Red Bull. F1 driver salaries: how much Formula 1 drivers He does so with millions from Ferrari and a tidy sum from Williams behind him. A front of midfield driver, like Mark Webber, earns $4 million (2.75m) with drivers like Kazuki Nakajima on around 500,000. F1 Driver F1 Drivers Age. Lionel Messi will sign a new contract at Barcelona this season, the clubs sporting director confirmed in September. Aston Martin's Sebastian Vettel, a four-time series champion, is retiring. Carlos Sainz signed a two-year contract extension with Ferrari in April. A combination of all driver stats that lays out each driver's ability within F1 23. TheJudge13.com is part of TJ13 Limited | UK Company number 14246825, Click to share on WhatsApp (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Tumblr (Opens in new window), Click to email a link to a friend (Opens in new window), Who earns the most in F1? A race winner in Formula 1, his pay with AlphaTauri reportedly reflects that worth to the team, who confirmed his future with them would run until the end of 2023. Max Verstappen was the highest paid Formula 1 driver in 2022, earning around 20 million U.S. dollars in bonuses on top of a salary of 40 million U.S. dollars. The whole argument of players and drivers is that: business men, clubs and managers in F1/Premiership earn a lot of money because people want to see the players and the drivers compete. Good car? Who earns the most? Footballers or Formula One drivers More cash flooding into the sport means drivers are earning more money than ever from Formula 1, with many top drivers reportedly earning eight-figure sums in terms of annual salary. Logan Sargeant is the lowest paid driver at just 810,000. The estimates are based on financial documents, legal filings and press leaks as well as conversations with industry insiders and are rounded to the nearest million. Alonso landed in ninth place in the driver standings in his second season with Alpine after two years away from the sport, but the hugely popular Spaniard will jump to Aston Martin for the 2023 season to replace the retiring Sebastian Vettel. Sebastian Vettel (Aston Martin) $15,000,000, 8= Valtteri Bottas (Alfa Romeo) $10,000,000, 8= Lance Stroll (Aston Martin) $10,000,000, 13= Pierre Gasly (Alpha Tauri) $5,000,000, 16. Above is a photo gallery of the drivers in Formula One and their annual salaries for the 2022 F1 season, according to spotrac, an online sports team and player contract website. The answer is that the top drivers earn far more than the top premiership stars, but of course there are far more top footballers than F1 stars. Lando Norris gets paid 900% more than his teammate and rookie driver Oscar Piastri. Country. F1 Drivers The Dutchman earns around 25 million euros a year since his contract extension until 2028, which he signed before the season. Who earns more, F1 drivers or footballers I am very impatient, he recently told Motorsport.com. Logan Sargeant is the lowest paid driver at just 810,000. Your mileage may vary, as the saying goes, and it certainly applies here. RAC The masters of the overtake. Lewis Hamilton and teammate George Russell have struggled with reliability issues as Mercedes grappled with the radical new design regulations brought in this term to produce closer racing. This is a question I have noticed that lot of my readers have been asking on search engines which have led them here, so I thought Id do a quick post with the answer. Norris took a step forward in 2021, claiming his first pole as well as four podium finishes, and McLaren rewarded him with a contract extension through 2025. Forbes does not deduct for taxes or agents fees. Last updated 28th March 2023. With few Formula 1 driver salaries publicly available, Forbes generated its on-track compensation estimates in collaboration with Forbes.com contributor Caroline Reid of the data firm Formula Money. Hamilton: Cost-cap penalty 'didn't cost Red Bull anything' - Sky He must be kicking himself given his nine races wins and (possible) championship success. MORE Daniel Ricciardo victorious in Monaco F1 Grand Prix As far as local boys go, Socceroo Aaron Mooy earns $20 million at Huddersfield Town in the English Premier League, making him the highest Current seven-time Formula 1 world champion Lewis Hamilton is, with no surprise, the highest-earning driver on the grid. Learn more about how Statista can support your business. How Vettel played a key role in Verstappen's Red Bull engineer relationship, The F1 cycles of staying ahead of the opposition, The F1 cycles of staying ahead of the opposition All of these figures are for the salary, not including the endorsements that many drivers and players have. At the end of October Gareth Bale signed a new Real Madrid contract that is worth 18million a year and will keep him tied to the club until 2022. But with just six podiums, no wins, to his tally in this his second year with Ferrari, they are at least saving on the bonuses. You can enter the premiership just as youre entering your late teens. Alpines Fernando Alonso, the last driver to finish above Hamilton on the earnings leaderboard, comes in at No. #MiaSanMia! Chart. Who will replace Hamilton on the British F1 throne? Formula 1 The former United man returned to Old Trafford in what was the transfer saga of the summer. or Formula 1 Driver: Who Earns More Formula 1 Drivers Lewis Hamilton Mercedes-AMG - $41,700,000, World Rallycross Championship to go electric, How Lewis Hamiltons rumoured $72 million contract stacks up, Daniel Ricciardo victorious in Monaco F1 Grand Prix, Aussie on the Formula 1 grid, Daniel the Honey Badger Ricciardo, Lionel Messi FC Barcelona, Argentina - $149,500,000, Cristiano Ronaldo Real Madrid CF, Portugal - $145,500,000, Neymar da Silva Santos Paris Saint-Germain FC, Brazil - $121,000,000, Gareth Bale Real Madrid CF, Wales - $46,600,600, Paul Pogba Manchester United, France - $39,700,000, Oscar dos Santos Emboaba Shainghai SIPG FC, Brazil - $37,000,000, Wayne Rooney Everton FC, England - $36,300,000, Luis Suarez FC Barcelona, Uraguay - $36,200,000, Aaron Mooy Huddersfield Town AFC, Australia - $20,000,000, Valtteri Bottas Mercedes-AMG - $11,500,000 million, Daniel Ricciardo Red Bull Racing - $8,500,000, Nico Hulkenberg Renault Sport F1 - $4,000,000, Max Verstappen Red Bull Racing -$4,000,000. pic.twitter.com/4SrY5tnpXH, FC Bayern Mnchen (@FCBayern) December 18, 2015. No premiership player is close to Raikkonen; the top earners like John Terry and Frank Lampard are on around 6 million per year, Steven Gerrard gets around 5 million. F1 Drivers A combination of all driver stats that lays out each driver's ability within F1 23. Yuki Tsunoda is the joint lowest-paid driver in F1 for the 2023 season, despite this being his third season in Formula One. This is a BETA experience. The figures used for this story comes courtesy of Forbes, which calculates the highest-paid sports stars in the world each year. F1 Michael is the founder of Into Turn One and has loved all things motorsport from a young age. I think another aspect to add to this subject is the difference in how much a driver needs to invest to get into F1 level for quite long years and how much a football playerAlsonso, Raikkonen (and their family) did not have a very strong financial background before entering the top level of motor racing and didnt earn a penny probably. WebFORMULA 1: 2020 Team/Drivers Salaries. MORE Daniel Ricciardo victorious in Monaco F1 Grand Prix As far as local boys go, Socceroo Aaron Mooy earns $20 million at Huddersfield Town in the English Premier League, making him the highest Surprisingly, thats more than double the amount paid to the only Aussie on the Formula 1 grid, Daniel the Honey Badger Ricciardo, who earns a comparatively paltry $8.7 million a year at Red Bull Racing. and over 1Mio. I remember Michael Schumacher saying there were great risks when testing as the car is in an experimental mode and there is less safety people on hand. LARS BARON/GETTY IMAGES, CLIVE ROSE/GETTY IMAGES, The 2022 World Cup's Highest-Paid Players, The Most Powerful Sports Agents 2022: Scott Boras Is In A League Of His Own, NBA Team Values 2022: For The First Time In Two Decades, The Top Spot Goes To A Franchise That's Not The Knicks Or Lakers, Highest-Paid NHL Players 2022: Young Stars Are Making The Most Of Hockey's Hard Reality. Top of the F1 tree is Kimi Raikkonen, who is believed to earn around $36 million 24m) per season, with Fernando Alonso on $24 million (16m) and Lewis Hamilton understood to be on around 12 million. Triple World Champion Lewis Hamilton has a year remaining in his lucrative Mercedes deal, however, facing the prospect of losing the World title could cost him a penny or two as he loses out on that bonus pay-out. WIN A LEWIS HAMILTON SIGNED MERCEDES AMG PETRONAS Formula One Team Gear Ratio Clock! Formula 1 drivers are among the highest-paid athletes in the world, with salaries ranging from millions to tens of millions of dollars per year. The four-time Formula 1 World Champion may be struggling to win on the track but with a whopping salary of $50m per year plus bonuses he is topping the Formula 1 chart for the best paid driver. Vettel, a four-time series champion, is retiring after 16 years in Formula 1. Racecraft describes a driver's ability to work their way through the pack to finish the race higher up than where they started. To use individual functions (e.g., mark statistics as favourites, set Lewis Hamilton is by far the best-paid driver in Formula One, with the Mercedes star earning an annual salary of $40 million, according to spotrac.com, a reward for his seven world championships. F1 The complete guide for 2022, Angela Cullen, is said to be paid top dollar, Ferrari naive over driver contract talks, Hamilton calls for FIA equalisation mechanism, Leclerc admits talks with Ferrari are not his focus, Verstappen talks with other F1 teams revealed, Hamilton piercings: FIA wont let him out the garage, [Kravitz], How much did Lewis Hamilton 'pay' Angela Cullen before they broke up? Off-track compensation, including endorsements, is not included in this ranking. The third-highest paid Formula 1 driver is Fernando Alonso, with McLaren dropping a reported $40.4 million into his bank account each year. The 29-year-old Argentina international is currently under contract until 2018 at the La Liga champions and his new deal could send him to the top of the pay scale. Max Verstappen earns 450% more than his Red Bull teammate Sergio Perez. He has earned every cent of that by scoring all the teams 28 points. WebF1 DRIVER STATS EXPLAINED RTG The most important number on the grid. A notable difference to team-mate Sergio Perezs $2m. A front of midfield driver, like Mark Webber, earns $4 million (2.75m) with drivers like Kazuki Nakajima on around 500,000. The factors behind F1s overtaking problem and why solving it wont be easy. The seven-time world champion featured in 8th on Forbes list of highest-paid athletes in 2021. F1s new budget cap, introduced last season, is set to limit teams spending in key areas to $135 million next year, forcing Mercedes, Ferrari and Red Bull to contort their budgets from the days when they could spend $300 million or even $400 million unchecked. Country. A race winner in Formula 1, his pay with AlphaTauri reportedly reflects that worth to the team, who confirmed his future with them would run until the end of 2023. Lando Norris is also worth a mention here. Jenson Button will enter retirement, sorry sabbatical, with a nicely padded bank account as his final season with McLaren has earned him a cool $13m. Like F1, the sport rewards its stars disproportionately compared with the average competitor. This is a question I have noticed that lot of my readers have been asking on search engines which have led them here, so I thought I'd do a quick post with the answer. but why anyone would throw 24m at Kimi for a season is just plain bananas. Heikki Kovalainen gets around $5 million (3.4m). F1 driver salaries: how much Formula 1 drivers Who earns more, F1 drivers or footballers Valtteri Bottas earns $2 million more than George Rusell, despite Rusell replacing him at Mercedes. Considering the growth of the sport worldwide in the past few years, I would expect to see some more F1 stars mixing it higher up the table as their endorsements and sponsorship deals grow to reflect the new popularity of F1. Still, both sports top men earn massive salaries and we are closing in on the first 1million a week wage. Red Bull Racing's Max Verstappen set an F1 record for race wins in a season. Romain Grosjean swapped a manufacturer team for newcomers Haas at the start of 2016 with a salary of $4.5m. Fans Wonder if New Single is About 1 of 2 Famous Exes, The Richest Members of the Royal Family Ranked (& King Charles is Much Richer Than Queen Elizabeth), Law Roach Addresses How Long He'll Continue to Style Zendaya After Retirement Announcement, Olivia Rodrigo Opens Up About the Origin of 'Vampire,' Her New Album 'GUTS,' Moving to NYC & More, Charlie Puth is Begging People to Stop Throwing Things at Performers On Stage. If you take into account the salary plus the endorsements Beckham earns then he will probably be close if not ahead of Raikkonen. Visit motorsport.com as usual with advertising and tracking. The Chinese club paid a reported 45million transfer fee to boot. Busch: Chicago "will be one of the most challenging races" in Cup history, IndyCar Mid-Ohio: McLarens OWard fastest in first practice, IndyCar Mid-Ohio: McLarens OWard fastest in first practice Directly accessible data for 170 industries from 150+ countries In contrast, 2017 champion Marc Marquez earns a massive $11.5 million. Has F1s tyre mandate reached the end of the line? Has F1s tyre mandate reached the end of the line? The third-highest paid Formula 1 driver is Fernando Alonso, with McLaren dropping a reported $40.4 million into his bank account each year.