Home Money Salary Formula 1 Driver Salaries 2024: Money, Rewards, Earnings and Wages!

Formula 1 Driver Salaries 2024: Money, Rewards, Earnings and Wages!

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Formula 1 Driver Salaries 2021: Money, Rewards, Earnings and Wages!
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Formula 1 Driver Salaries In 2024

Formula 1 driver salary? How much do the 2024 Formula 1 drivers earn? What is the average F1 salary of 2024? F1 driver salaries 2024Formula 1 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.

Formula 1 Driver Salaries 2024 - How much do the 2024 Formula 1 drivers earn?

Top F1 Driver Salaries 2024: How much do the 2024 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 2024: F1 Driver contract extensions and new deals 2024

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.

How much do F1 Drivers earn in salary? Formula 1 Driver Salaries 2024!

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.

Formula 1 Driver salaries

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 F1 Drivers

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 Top F1 Driver Salary Per Year (Annually) Formula 1 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 Driver Salaries

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 Top F1 Driver Salary Per Year (Annually) Formula 1 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

Formula 1 Driver Salaries

F1 Red Bull Team Driver Salaries 2024

Here is the list with top Red Bull F1 Drivers Salary 2024. Watch & Bet on Sport =>

F1 Red Bull F1 Driver Salaries  Top F1 Driver Salary Per Year (Annually) Formula 1 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

F1 racing driver salaries

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 Top F1 Driver Salary Per Year (Annually) Formula 1 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  Top F1 Driver Salary Per Year (Annually) Formula 1 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)

Formula one driver salaries 2024

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 Top F1 Driver Salary Per Year (Annually) Formula 1 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 Top F1 Driver Salary Per Year (Annually)
Formula 1 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

How much do Formula 1 drivers earn in 2024?

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 Top F1 Driver Salary Per Year (Annually) 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 Top F1 Driver Salary Per Year (Annually) Formula 1 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)

Who is the highest paid f1 driver 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.

Highest paid Formula 1 driver - Sebastian Vettel Ferrari - Highest paid F1 driver

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.

How much do Formula 1 drivers make on average?

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 $500,000

Highest paid F1 drivers? Here are the highest paid Formula 1 drivers 2024!

How much do F1 drivers get paid for winning a race

How much do F1 drivers earn 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

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