Formula 1 is the pinnacle of motorsport, and the 20 drivers participating in the series are considered the best drivers in the world. You risk your life in every session of the Formula 1 season in the hope of being crowned world champion.
So it should come as no surprise that Formula 1 drivers make more money than drivers in other series around the world. The money from TV deals and sponsorship ensures that Formula 1 drivers are paid the highest in motorsport.
Estimated salary for all Formula 1 drivers
The current seven-time Formula 1 world champion Lewis Hamilton is unsurprisingly the best-paid driver on the grid. In 2021, the British driver will earn nearly $ 30 million, which is over $ 1 million per race. However, Hamilton cut a wage cut from his previous salary, which was closer to $ 40 million a year.
According to the report published by RaceFans.net, Red Bull’s Max Verstappen is the second highest earner on the grid with around $ 25 million a year. He is followed by the returning two-time Formula 1 champion Fernando Alonso. Alpine pays the Spaniard $ 20 million for the 2021 season.
The four-time Formula 1 world champion Sebastian Vettel is together with McLaren’s newcomer Daniel Ricciardo for the fourth-highest salary on the grid. The German is another driver who has made a massive cut in wages. Vettel, who came to Aston Martin in the winter, is said to have only received half of his earnings from Ferrari.
Of all the drivers on the grid, rookie Yuki Tsunoda earns the lowest amount, with AlphaTauri offering the Japanese driver $ 500,000 a year.
Here is the estimated salary for all drivers on the Formula 1 grid for 2021:
Lewis Hamilton – $ 30 million
Max Verstappen – $ 25 million
Fernando Alonso – $ 20 million
Daniel Ricciardo – $ 15 million
Sebastian Vettel – $ 15 million
Charles Leclerc – $ 12 million
Valtteri Bottas – $ 10 million
Lance Stroll – $ 10 million
Carlos Sainz – $ 10 million
Kimi Raikkonen – $ 10 million
Sergio Perez – $ 8 million
Lando Norris – $ 5 million
Esteban Ocon – $ 5 million
Pierre Gasly – $ 5 million
Antonio Giovinazzi – $ 1 million
Mick Schumacher – $ 1 million
Nikita Mazepin – $ 1 million
Nicholas Latifi – $ 1 million
George Russell – $ 1 million
Yuki Tsunoda – $ 500,000
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The post The driver salaries for the 2021 Formula 1 season have been announced first appeared on monter-une-startup.