F1 driver salary 2024 – how much do F1 drivers make?
Formula 1 driver salary? How much do Formula 1 drivers make? What is the average F1 salary of 2024? Here are all F1 salaries and the average F1 driver salaries? Watch & Bet on Sport =>
How much do F1 drivers make a year if they win? How much do F1 drivers earn per year in salary? We take a look at every F1 driver salary and contract details for 2024.
F1 driver salaries 2024 – how much do Formula 1 drivers earn?
The Biggest change includes Valtteri Bottas joining Mercedes on a 1-year deal where he will earn around £7 million a year with option to extend the contract to 2024. Here we take a look at the Formula 1 driver salaries 2024.
List of F1 driver salaries, contract extensions and new deals
Below is the list of contract and salary details of all formula 1 drivers in the 2024/22 lineup. Also check out our list on the F1 prize money in 2024. Watch & Bet on Sport =>
Valtteri Bottas salary 2024: Bottas has a new contract with Mercedes until 2024. He then has an option to extend his contract. Bottas’ salary will be doubled if he does, which will be worth around £7 million a year.
Kimi Raikonnen salary 2024: Raikonnen signed a new one-year contract extension for to remain at Ferrari this year in 2024.
Lewis Hamilton salary 2024: Hamilton signed a 3-year contract extension in 2016 with Mercedes. Hamilton has a basic yearly- salary of $31 million a year (£20.9m) but has huge bonuses from Grand Prix and F1 title win.
Sebastian Vettel salary 2024: Vettel signed a new 3-year deal at Ferrari to remain in the team until 2024. Vettel’s new contract will get him a lower basic salary. But Ferrari included massive bonuses for race wins and championships. If Vettel wins 2024 F1 title he will earn a massive $50 million (£33.4m).
Fernando Alonso salary 2024: Alonso signed a contract extension with McLaren-Honda that has an exit option for 2019. Alonso will be earning a lower basic salary of $30 million a yea but he will have bonuses.
Daniel Ricciardo salary 2024: Ricciardo is linked with Ferrari and has reportedly agreed to join Ferrari in 2019. Ricciardo is in the last year of his current deal with Red Bull and at the end of 2024 he will be a free agent.
List of Formula 1 driver salaries 2024
How much do the 2024 top F1 drivers earn? List of Ferrari, McLaren, Red Bull, Sauber and Williams F1 driver salaries? Here is the list with Formula 1 driver salaries 2024. Watch & Bet on Sport =>
Ferrari F1 driver salaries 2024
Here is the list with top Ferrari F1 Drivers Salary 2024. Watch & Bet on Sport =>
| Ferrari F1 driver salaries | Ferrari F1 driver salary per year | F1 driver salary contract |
| Sebastian Vettel (Ferrari) | Vettel will earn guaranteed $50m (£33.4m) in first year. Also has a basic salary of $30m- a-year plus bonuses. Vettel is one of the highest paid F1 drivers in 2024. | 3 Years Deal (2024-20) |
| Kimi Raikonen (Ferrari) | $7m plus performance bonuses which max out at $10m a year. | Signed 1 year extension for 2024 season |
McLaren F1 team driver salaries 2024
Here is the list with top McLaren F1 Drivers Salary 2024. Watch & Bet on Sport =>
| McLaren F1 driver salaries | McLaren F1 driver salary per year | F1 driver salary contract |
| Fernando Alonso (McLaren) | Alonso earns $30m a year including all bonuses. | 1 Year Deal (2024) |
| Stoffel Vandoorne (McLaren) | $0.03m a year plus bonuses | 1 year deal for 2017 |
F1 Red Bull team driver salaries 2024
Here is the list with top Red Bull F1 Drivers Salary 2024. Watch & Bet on Sport =>
| Red Bull F1 driver salaries | Red Bull F1 driver salary per year | F1 driver salary contract |
| Daniel Ricciardo (Red Bull) | $6.5m a year (£5.2m) guaranteed salary plus bonuses. | New 2 year deal from 2017 to 2024 |
| Max Verstappen (Red Bull) | Max Verstappen earns $3m a year | Multi-year contract with Red Bull |
Williams F1 team driver salaries 2024
Here is the list with top Williams F1 Drivers Salary 2024. Watch & Bet on Sport =>
| Williams F1 driver salaries | Williams F1 driver salary per year | F1 driver salary contract |
| Felipe Massa (Williams) | Felipe Massa earns $3.5m a year after he came out of retirement.
He took a pay-cut to drive for Williams F1. |
1 year extension for 2017 |
| Lance Stroll (Williams) | Unknown. | 1 year deal for 2017. |
Renault F1 team driver salaries 2024
Here is the list with top Renault F1 Drivers Salary 2024. Watch & Bet on Sport =>
| Renault F1 driver salaries | Renault F1 driver salary per year | F1 driver salary contract |
| Nico Hulkenberg (Renault F1) | Hulkenberg earns $3m a year | Joins Renault F1 with 1 year deal |
| Jolyon Palmer (Renault F1) | $1m a year | Retained for another year (2017) |
HAAS F1 team driver salaries 2024
Here is the list with top HAAS F1 Drivers Salary 2024. Watch & Bet on Sport =>
| HAAS F1 driver salaries | HAAS F1 driver salary per year | F1 driver salary contract |
| Romain Grosjean (HAAS F1) | $1.5m a year – Signed a one-year deal with HAAS F1 | Signed a 1 year contract for 2017 season. |
| Kevin Magnussen (HAAS F1) | $1m a year – Signed a one-year contract with HAAS F1 after rejecting a new contract from Renault F1. | Signed new 1 year deal for 2017 season. |
Toro Rosso F1 team driver salaries 2024
Here is the list with top Toro Rosso F1 Drivers Salary 2024. Watch & Bet on Sport =>
| Toro Rosso F1 driver salaries | Toro Rosso F1 driver salary per year | F1 driver salary contract |
| Daniil Kvyat (Toro Rosso) | $0.75m a year | Retained for 2017 season. |
| Carlos Sainz (Toro Rosso) | Sainz earns $0.75m a year. | Extended for 2017 season |
Sauber F1 team driver salaries 2024
Here is the list with top Sauber F1 Drivers Salary 2024. Watch & Bet on Sport =>
| Sauber Drivers F1 | Sauber F1 driver salary per year | Sauber F1 Contract terms |
| Marcus Ericsson (Sauber) | $0.285m a year | Signed 1 year extension for 2017 |
| Pascal Wehrlein (Sauber) | $$0.15m a year | Joined Sauber for 2017 season. |
Mercedes F1 team driver salaries 2024
Here is the list with top Mercedes F1 Drivers Salary 2024. Watch & Bet on Sport =>
| Mercedes F1 driver salaries | Mercedes F1 driver salary per year | F1 driver salary contract |
| Lewis Hamilton (Mercedez) | Hamilton earns $31m a year (£20.9m) guaranteed plus performance bonuses of max $10m a year | 3 year deal |
| Valtteri Bottas (Mercedes) | Bottas earns $8.5m a year (£7m) including bonuses | 1 Year Deal (2024) |
Highest paid Formula 1 driver ever: Michael Shumacher is the highest paid F1 driver in history!
Who is the highest paid Formula 1 driver ever? The highest paid Formula 1 driver in history has to be the retired F1 driver Michael Schumacher.
Who is the highest-paid Formula 1 driver 2024? Sebastian Vettel is the highest-paid F1 driver in 2024!
Who is the highest-paid F1 driver 2024? Sebastian Vettel is the highest paid Formula 1 driver in the 2024 F1 season with a record 3-year-deal with Ferrari worth $150 million. Sebastian Vettel is also one of the highest-paid sportsmen in the world.
Second Highest paid Formula 1 driver 2024? How Much Will Lewis Hamilton make 2024? What is Lewis Hamilton’s salary? Why is Lewis Hamilton paid so much? Englishman Lewis Hamilton also signed a new 3-year-deal to remain with Mercedez, which is worth $31 million a year plus up to $10 million in bonuses. This makes him the second-highest paid driver behind Vettel in 2024.
Highest paid F1 drivers? Here are the highest paid Formula 1 drivers 2024! List with the Highest paid Formula 1 driver 2024!
Here are all F1 drivers salaries per year on basic packages with individual bonuses:
| Team | Driver | Salary |
| Lewis Hamilton | Mercedes | $30m |
| Max Verstappen | Red Bull | $25m |
| Fernando Alonso | Alpine | $20m |
| Sebastian Vettel | Aston Martin | $15m |
| Daniel Ricciardo | McLaren | $15m |
| Charles Leclerc | Ferrari | $12m |
| Valtteri Bottas | Mercedes | $10m |
| Carlos Sainz | Ferrari | $10m |
| Lance Stroll | Aston Martin | $10m |
| Kimi Raikkonen | Alfa Romeo | $10m |
| Sergio Perez | Red Bull | $8m |
| Lando Norris | McLaren | $5m |
| Esteban Ocon | Alpine | $5m |
| Pierre Gasly | AlphaTauri | $5m |
| Antonio Giovinazzi | Alfa Romeo | $1m |
| Mick Schumacher | Haas | $1m |
| Nikita Mazepin | Haas | $1m |
| Nicholas Latifi | Williams | $1m |
| George Russell | Williams | $1m |
| Yuki Tsunoda | AlphaTauri | $0,5m |
How much do F1 drivers get paid for winning a race
How much do F1 drivers make per race? See Formula 1 Prize Money 2024 if you want to know how much do F1 drivers get paid for winning a race.
See also
- F1 Results 2024
- F1 Highlights
- The 2024 F1 Driver Lineup
- Formula 1 Qualifying time tomorrow
- 2024 Formula 1 Start Time
- Formula 1 Calendar 2024
- Official Website
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