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Highest-paid F1 drivers revealed in new list as Lewis Hamilton and Max Verstappen's insane wealth laid bare

Highest-paid F1 drivers revealed in new list as Lewis Hamilton and Max Verstappen's insane wealth laid bare

The F1 driver salaries have been revealed.

Tom Jenkins

Tom Jenkins

Every Formula 1 driver's salary has been revealed which shows a huge disparity between teammates as Lewis Hamilton and Max Verstappen lead the way.

F1 is probably the most exclusive high-level sport in the world, with only 20 drivers in the entire grid.

Alongside this, each and every one of them has had to succeed in a highly competitive (and expensive) karting career which can start as early as age 4.

With so few drivers within the sport, as well the extreme amounts of money needed to fund such a technical sport it's no surprise those lucky and skilled enough to drive these cars make a significant amount of money.

Unsurprisingly the two biggest names in the sport have the biggest wallets, but Lewis Hamilton has had to settle for second place as his $45m yearly salary at Mercedes comes up $10m behind the reigning world champion ($55m).

Verstappen will also take home a significant amount from his personal deals with the likes of EA Sports and Heineken, but the Dutchmen might struggle to find time to spend his fortune with a record 24 races this year.

F1 2024 grid- Getty
F1 2024 grid- Getty

Ferrari's Charles Leclerc sits in third place with a $34m pay packet after signing a long-term extension with the Italian team at the start of the season.

Full list of Formula 1 base salaries for 2024 via Sportrac

Max Verstappen, Red Bull Racing- $55 million

Lewis Hamilton, Mercedes- $45 million

Charles Leclerc, Scuderia Ferrari- $34 million

Lando Norris, McLaren- $20 million

George Russell, Mercedes- £18 million

Fernando Alonso, Aston Martin- $18 million

Checo Perez, Red Bull Racing- $14 million

Carlos Sainz, Scuderia Ferrari- $12 million

Valtteri Bottas, Stake F1 Team- $10 million

Daniel Ricciardo, Visa Cash App RB- $7 million

Esteban Ocon, Alpine- $6 million

Pierre Gasly, Alpine- $6 million

Oscar Piastri, McLaren- $6 million

Kevin Magnussen, Haas F1- $5 million

Alexander Albon, Williams Racing- $3 million

Lance Stroll, Aston Martin- $3 million

Nico Hulkenberg, Haas F1- $2 million

Guanyu Zhou, Stake F1 Team- $2 million

Yuki Tsunoda, Visa Cash App RB- $1 million

Featured Image Credit: Getty

Topics: Formula 1, Lewis Hamilton, Max Verstappen

Tom Jenkins
Tom Jenkins

Tom Jenkins is a Social Editor and Journalist for SPORTBible. Specialises in Football and F1 but has experience covering a variety of sports such as MMA, Boxing and Cricket. Suffers weekly as an Evertonian.

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@tomjenkns