The highest paid Formula 1 drivers in 2021
• • Lewis Hamilton is the highest paid Formula 1 driver in 2021.
• • Max Verstappen and Fernando Alonso are the next best drivers.
• • F1 will introduce a salary cap in 2023.
• • You can find more car stories at Wheels24
Formula 1 is an expensive sport. From route charges to broadcasting costs and salaries to running costs, it’s an expensive task that often puts new teams under pressure. But depending on which team you are, driver salaries are one of your most important expenses. Some teams, like Mercedes-AMG, spend millions on their drivers, while Williams, for example, spends $ 1.0 million on each driver.
While $ 2.0 million seems like a huge amount of money for drivers, Williams will be the last to complain when looking at teams like Mercedes, Red Bull Racing, and Alpine.
However, the drivers will do everything possible to get the maximum salary out of their teams because A salary cap will be introduced in 2023. At launch, the teams are spending just $ 30 million on their two drivers and a reserve driver. This means that someone like Max Verstappen would have to make a pay cut to meet the new rules.
Do you agree to F1’s salary cap, which will come into effect in 2023? Email us your thoughts or use the comments section below.
All 20 drivers take part in the Formula 1 championship in 2021
Best paid drivers
Although the exact salaries are not confirmed, RaceFans estimates them Class of wages from 2021.
At the top is Lewis Hamilton (Mercedes-AMG) with a reported annual salary of $ 30 million. At the end of the 2020 season, Hamilton was reportedly making around $ 40 million a year, but his new contract (a one-year contract with an option to extend until 2022) saw him receive a reduced salary. Despite being a seven-time champion and rewriting the sport’s record books, it wasn’t enough to warrant a heavy paycheck. And with Williams driver George Russell waiting in the wings, Hamilton had no choice but to do so agree to the new deal.
Lewis Hamilton
Verstappen (Red Bull Racing) is the driver with the next highest salary. In 2021 he will make $ 25 million! Remember, Verstappen didn’t win a drivers’ championship, he won 11 races and secured four pole positions. However, his racing skills have made him one of the most revered drivers on the grid. On top of that, just like Hamilton, he’s consistently performing at its best and you have a driver that Red Bull Racing would keep at all costs. Literally.
Max Verstappen
Fernando Alonso (Alpine) returned to F1 in 2021 after retiring at the end of the 2018 season. Upon his return, Alpine agreed to pay him $ 20 million a year. In return, he would have to help the team advance to a more competitive level (challenging Mercedes and Red Bull), but Alonso made it clear that their goal should be 2022 when the tech overhaul kicks in. Alonso won the F1 drivers. Championship 2005/06 with Renault (now Alpine) and is a proven race winner with 32 victories.
Fernando Alonso
Sebastian Vettel (Aston Martin) and Daniel Ricciardo (McLaren) will each receive $ 15 million in 2021 despite being different drivers. Vettel won the drivers’ championship between 2010 and 2013 – four trotting with Red Bull – but has not been able to revive this X-factor since 2014, when the new turbo-hybrid era began. At the end of the year, he left the team for Ferrari, ironically, that year after Ricciardo wiped the floor with him.
Ricciardo joins McLaren after two challenging seasons at Renault, but brings a wealth of experience that the team can rely on. Both Vettel and Ricciardo are newcomers to their respective teams, but both are hungry enough for more race wins.
Other notable driver salaries include Charles Leclerc (Ferrari, $ 12 million) and Carlos Sainz (Ferrari), Kimi Raikkonen (Alfa Romeo), Valtteri Bottas (Mercedes) and Lance Stroll (Aston Martin) – all at $ 10 million.
Sebastian Vettel
Daniel Ricciardo
The post That’s a pretty penny! These are the 5 highest paid Formula 1 drivers in 2021 first appeared on monter-une-startup.
