Formula 1 salaries 2024 – how much do F1 team and crew members get paid?
F1 salaries? How much do F1 drivers, crew, engineers, mechanics and doctor make? Here you find the Forumula 1 salaries for all team and crew members and how much they make per year. Watch & Bet on Sport =>
F1 team salaries 2024 – how much do F1 team and crew members make?
Are F1 pit crew, engineers, mechanics and doctor paid well? F1 team salaries?
Formula 1, often called the pinnacle of motorsport, captivates millions worldwide with its high-speed drama, cutting-edge technology, and fierce rivalries. While drivers bask in the spotlight, the sport’s true backbone is the team behind them—engineers, strategists, and mechanics who make the impossible happen.
But have you ever wondered how much F1 teams and crew members earn in a sport where budgets run into hundreds of millions?
Here’s a closer look at the salaries of Formula 1 teams and crew members in 2024, uncovering the financial dynamics of this adrenaline-fueled industry. Watch & Bet on Motorsport =>
F1 Salaries
Silly Season’s F1 Salaries article provides a detailed breakdown of the salaries for various roles within Formula 1 teams, including drivers, pit crew members, engineers, mechanics, and doctors.
It highlights the significant earnings of top drivers like Max Verstappen ($55 million per year) and Lewis Hamilton ($45 million per year), as well as the substantial bonuses they can earn for race wins and championships.
For pit crew members, salaries range from $50,000 to $100,000 annually, with bonuses for successful race weekends.
Engineers‘ salaries vary based on their experience and roles, with senior engineers earning up to £150,000 or more per year.
Mechanics can earn between £43,000 and £190,000 per year, depending on their experience and responsibilities.
F1 doctors typically earn around $178,942 per year, with experienced doctors making over $300,000 annually.
F1 pit crew salary – how much do F1 pit crews get paid?
The Formula 1 pit crew operates at the heart of every race, delivering high-stakes, high-speed precision under immense pressure. Their work during a pit stop can make or break a race, often deciding whether a driver secures victory or falls behind.
But how much are these unsung heroes paid for their efforts in one of the most glamorous and demanding sports in the world?
How much do F1 pit crew make?
Pit crew members have varying roles, and their salaries reflect the responsibilities and expertise required. Here’s a detailed look at what they earn in 2024:
1. Tire Changers and Gunners
- Role: Handle tire removal and replacement during pit stops. They are the most visible members during a stop.
- Salary Range: $50,000 – $80,000 annually
- Bonuses: An additional $5,000 – $10,000 for successful race weekends and team victories.
2. Jack Operators
- Role: Raise and lower the car during pit stops using front and rear jacks. Timing and technique are critical for a quick stop.
- Salary Range: $60,000 – $90,000
- Bonuses: Performance bonuses of $5,000 – $10,000 are standard for race-winning teams.
3. Pit Crew Coordinator
- Role: Oversees and organizes the pit crew operations, ensuring flawless execution during stops.
- Salary Range: $80,000 – $120,000
- Bonuses: Additional earnings of $10,000 or more for championship-winning performances.
4. Fuel Handlers (Rare in F1 Today)
- Role: Though F1 has banned in-race refueling since 2010, teams still require handlers for safe fuel management during practice and setup.
- Salary Range: $40,000 – $70,000
- Bonuses: Add $5,000 – $8,000 for team success.
5. Car Controllers
- Role: Directs the car into and out of the pit box during stops. Their precision is essential to avoid penalties or unsafe releases.
- Salary Range: $70,000 – $100,000
- Bonuses: Winning teams reward controllers with $8,000 – $12,000 in bonuses.
F1 engineer salary – how much do F1 engineer make?
Formula 1 engineers are the masterminds behind the cars that race at over 200 mph. From designing cutting-edge aerodynamics to optimizing performance on race day, their expertise shapes the success of every team.
But how much are these highly skilled professionals compensated for their vital roles in one of the world’s most competitive sports?
Let’s break down the salaries of F1 engineers in 2024 by role and experience level. Watch & Bet on Motorsport =>
How much do F1 engineers make?
Formula 1 engineers are among the most skilled professionals in motorsport, designing and optimizing the technology behind the world’s fastest cars
1. Graduate Engineers
Salary Range: £25,000 – £30,000 annually
Overview: Entry-level engineers fresh out of university start here, gaining experience in a fast-paced and competitive environment.
2. Junior Engineers
Salary Range: £45,000 – £65,000 annually
Overview: These engineers have a few years of experience and take on more responsibility, contributing to the development and testing of various car components.
3. Race Engineers
Salary Range: £68,000 – £130,000 annually
Overview: Race engineers work directly with drivers, fine-tuning car performance and strategy. Their role is pivotal, and salaries reflect the high-pressure demands of race weekends.
4. Aerodynamicists
Salary Range: £31,000 – £86,000 annually
Overview: Aerodynamicists focus on optimizing the car’s design to maximize speed and efficiency. Entry-level roles start lower, but senior positions at top teams can pay handsomely.
5. Senior Engineers
Salary Range: Up to £150,000 or more annually
Overview: Senior engineers bring years of experience and often lead departments. They work on critical aspects like chassis design, power units, or race strategies, and are well-compensated for their expertise.
F1 mechanic salary – how much do F1 mechanics earn?
Formula 1 mechanics are the backbone of every team, ensuring cars are ready to perform at their peak during races. Their expertise spans a wide range of responsibilities, from repairing damage and maintaining components to handling high-pressure pit stops.
Salaries for F1 mechanics depend on their experience, role, and the team they work for. Here’s a breakdown:
Trackside Mechanics: Typically earn between £43,000 and £66,000 per year.
Senior Mechanics: Can earn up to £190,000 or more per year
What does an F1 mechanic earn?
The salaries of Formula 1 (F1) mechanics can vary based on their experience, role, and the team they work for.
1. Trackside Mechanics
Salary Range: £43,000 – £66,000 per year
Responsibilities:
- Preparing cars for practice, qualifying, and races.
- Handling repairs and component replacements during race weekends.
- Performing quick and efficient tire changes during pit stops.
Details: These mechanics travel with the team to race venues and work under immense pressure during live events, where every second counts.
2. Senior Mechanics
Salary Range: Up to £190,000 or more per year
Responsibilities:
- Leading the mechanical work on the car, including critical systems like the engine or suspension.
- Supervising junior and trackside mechanics.
- Ensuring the car meets strict technical and safety standards.
Details: With years of experience and specialization, senior mechanics command the highest salaries, especially at leading teams like Red Bull, Mercedes, or Ferrari.
F1 doctor salary – how much do F1 doctor make?
The salary of an F1 doctor can vary based on factors such as experience, role complexity, and team budget. On average, an F1 doctor earns around $178,942 per year.
Entry-level positions may start at approximately $60,000 per year, while seasoned professionals with extensive expertise can earn over $300,000 per year. Watch & Bet on Motorsport =>
How much do F1 doctor make?
Formula 1 mechanics are the backbone of every team, ensuring cars are ready to perform at their peak during races. Their expertise spans a wide range of responsibilities, from repairing damage and maintaining components to handling high-pressure pit stops.
Entry-Level F1 Doctor
Salary Range: Around $60,000 per year.
Responsibilities:
Providing medical care and support to drivers and team members during races and events.
Managing minor injuries and illnesses.
Assisting with pre-race medical assessments.
Experienced F1 Doctor
Salary Range: Over $300,000 per year.
Responsibilities:
- Leading the medical team and making high-pressure decisions.
- Managing emergency situations and providing advanced trauma care.
- Coordinating with local medical facilities and race organizers.
- Ensuring compliance with FIA (Fédération Internationale de l’Automobile) medical standards.
F1 driver salaries – what are the salaries of F1 drivers?
How much do F1 drivers make? See our table below and F1 driver salary. Watch & Bet on Sport =>
| F1 driver salaries | Team |
Salary & bonus |
| Sebastian Vettel | Ferrari | $50m (£33.4m) |
| Kimi Raikonen | Ferrari | $7m +$10m |
| Fernando Alonso | McLaren | $30m |
| Stoffel Vandoorne | McLaren | $0.03m |
| Daniel Ricciardo | Red Bull | $6.5m (£5.2m) |
| Max Verstappen | Red Bull | $3m |
| Felipe Massa | Williams | $3.5m |
| Lance Stroll | Williams | Unknown |
| Nico Hulkenberg | Renault F1 | $3m |
| Jolyon Palmer | Renault F1 | $1m |
| Romain Grosjean | HAAS F1 | $1.5m |
| Kevin Magnussen | HAAS F1 | $1m |
| Daniil Kvyat | Toro Rosso | $0.75m |
| Carlos Sainz | Toro Rosso | $0.75m |
| Marcus Ericsson | Sauber | $0.285m |
| Pascal Wehrlein | Sauber | $$0.15m |
| Lewis Hamilton | Mercedez | $31m (£20.9m) +$10m |
| Valtteri Bottas | Mercedes | $8.5m (£7m) |
FAQs about F1 salaries
Here are frequently asked questions about F1 team and crew member salaries.
What is the lowest paid job in F1?
The lowest paid job in Formula 1 is typically held by rookie drivers or those in less competitive teams. For example, drivers like Logan Sargeant and Yuki Tsunoda earn around $1 million per year.
Do pit crews make a lot of money?
Yes, pit crews in Formula 1 can earn substantial salaries. While the salaries vary based on the role and team, pit crew members can earn anywhere from $30,000 to $1 million per year. The Crew Chief, who is responsible for coordinating the pit stop, can earn up to $1 million annually. Watch & Bet on Motorsport >
More about F1 salaries
- 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
Table of Contents
