F1 wealthy checklist and best-paid drivers – with £40m-a-year deal solely second highest

On Mar 2, 2024

The new Formula One season is underway as Max Verstappen seems to return to successful methods.

Verstappen caught it on pole throughout Friday’s earlier-than-usual qualifying on the Bahrain Grand Prix. It got here as little shock given Red Bull’s dominance in recent times, with the Dutch driver successful every of the final three world championships.

But it might shock F1 followers to be taught that Verstappen is at the moment the game’s highest earner, in line with figures revealed by Racing News 365. At the age of simply 26, the Dutchman is comfortably the best-paid driver on the paddock.

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He receives a staggering £45million-a-year in contract earnings alone. That is a whopping 4 occasions greater than the quantity team-mate Sergio Perez rakes in yearly, with the Mexican receiving £11m from Red Bull.

Seven-time world champion Lewis Hamilton, for a very long time the face of F1, follows Verstappen in second. The Ferrari-bound Brit, 39, is at the moment on a £40m contract at Mercedes.

Do you assume Verstappen is one of the best driver on the grid? Let us know within the feedback part under.

Race winner Lewis Hamilton of Great Britain and Mercedes GP celebrates in parc ferme during the F1 Grand Prix of Great Britain at Silverstone on July 18, 2021 — Lewis Hamilton is in his ultimate 12 months at Mercedes
(Image: Formula 1 by way of Getty Images)

Charles LeClerc [R] earns considerably more than his Ferrari team-mate Carlos Sainz Jr. [L] — Charles LeClerc [R] earns significantly greater than his Ferrari team-mate Carlos Sainz Jr. [L]
(Image: Getty Images)

His soon-to-be team-mate Charles LeClerc receives nicely under that sum at £27m-per-season with The Prancing Horse. And in fourth place on the grid is McLaren sensation Lando Norris, 24, on £16m after extending his contract in January, which is sort of 4 occasions greater than team-mate Oscar Piastri’s.

Ferrari No.2 Carlos Sainz takes residence £9.5m-a-year, whereas Mercedes’ George Russell and two-time champion Fernando Alonso sit simply north of £14m. Valtteri Bottas and Daniel Ricciardo obtain £8m and £6m respectively.

BAHRAIN, BAHRAIN - FEBRUARY 28: Lando Norris of Great Britain and McLaren F1 Team during previews ahead of the F1 Grand Prix of Bahrain at Bahrain International Circuit on February 28, 2024 in Bahrain, Bahrain. (Photo by Qian Jun/MB Media/Getty Images) — Lando Norris earns the fourth most
(Image: Getty Images)

Yuki Tsunoda is currently on the joint-lowest salary — Yuki Tsunoda is at the moment on the joint-lowest wage
(Image: Formula 1 by way of Getty Images)

The remainder of the paddock carefully follows, however solely two drivers earn below one million kilos yearly. Yuki Tsunoda is on simply £800,000 at RB whereas Logan Sargeant of Williams receives the identical quantity.

Drivers apart, Mercedes workforce principal Toto Wolff tops the chief board in the case of the bosses, incomes nicely north of £10m-a-year, having signed a brand new contract in January. And Red Bull boss Christian Horner, who has been in cost since 2005, earns £8m regardless of popping out on prime in recent times.