The world of Formula 1 is as thrilling as it is lucrative, with drivers’ salaries reflecting their skills, marketing, and contributions to their teams. In this article, we rank the 20 drivers based on their earnings in 2024, starting with the least paid rookies up to the current champion of the sport.
Logan Sargeant – $1.000.000
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Logan Sargeant, a driver for Williams, receives a modest $1.000.000 in 2024. The young American continues to develop his skills in a historic team that is currently rebuilding.
Yuki Tsunoda – $1.000.000
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Yuki Tsunoda drives for Visa Cash App RB (formerly AlphaTauri). With a salary of $1.000.000, the Japanese driver seeks to prove his worth in an extremely competitive environment.
Nico Hülkenberg, representing Haas F1, receives $2.000.000 in 2024. The experienced German driver aims to secure consistent results for the American team.
Guanyu Zhou, racing for Stake F1 Team (formerly Alfa Romeo), takes home $2.000.000. The first Chinese driver in F1 history continues to work on solidifying his presence in the sport.
Alexander Albon – $3.000.000
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Alexander Albon, a driver for Williams, has a salary of $3.000.000. The Thai-British driver seeks to lead his team to better results.
Lance Stroll – $3.000.000
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Lance Stroll receives $3.000.000 to race for Aston Martin. His role in the team reflects both his talent and the influence of his father, who owns the team.
Kevin Magnussen – $5.000.000
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Kevin Magnussen, representing Haas F1, has a salary of $5.000.000 in 2024. The Danish driver is known for his aggressive driving style. 2024 was his last season in Formula 1.
Esteban Ocon, a driver for Alpine, receives $6.000.000. The French driver aims to help his team progress in the midfield.
Pierre Gasly – $6.000.000
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Pierre Gasly, also representing Alpine, receives the same salary of $6.000.000. The former race winner hopes to reaffirm his status as a top driver.
Oscar Piastri – $6.000.000
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Oscar Piastri, racing for McLaren, receives $6.000.000. The young Australian has already shown potential in his debut season.
Daniel Ricciardo – $7.000.000
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Daniel Ricciardo, now representing Visa Cash App RB, has a salary of $7.000.000. The charismatic Australian is back on the track and determined to show he can still compete at a high level.
Valtteri Bottas, a driver for Stake F1 Team, earns $10.000.000. The experienced Finnish driver brings stability and leadership to his team.
Carlos Sainz – $12.000.000
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Carlos Sainz races for Ferrari and has a salary of $12.000.000. The Spanish driver is an essential part of the famous Scuderia.
Checo Pérez – $14.000.000
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Checo Pérez, racing for Red Bull Racing, receives $14.000.000. The Mexican driver is a fundamental part of the championship-winning team.
George Russell – $18.000.000
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George Russell, a driver for Mercedes, earns $18.000.000 in 2024. The young British driver has quickly established himself as one of the sport’s great promises.
Fernando Alonso, racing for Aston Martin, has a salary of $18.000.000. The two-time world champion continues to impress with exceptional performances.
Lando Norris – $20.000.000
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Lando Norris, representing McLaren, receives $20.000.000. The charismatic Briton is a central figure in his team’s resurgence.
Charles Leclerc – $34.000.000
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Charles Leclerc races for Ferrari with an impressive salary of $34.000.000. The Monegasque driver is considered Scuderia’s best chance to win a title.
Lewis Hamilton – $45.000.000
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Lewis Hamilton, racing for Mercedes, receives $45.000.000. The seven-time world champion remains one of the most iconic and successful figures in Formula 1.
Max Verstappen, the current world champion, tops the list with a salary of $55.000.000. Representing Red Bull Racing, the Dutch driver dominates the sport with his unparalleled talent and consistency.