Thursday, 28 Nov, 2024
CLOSE

The driver salaries for the 2021 Formula 1 season have been announced


Lewis Hamilton is the highest paid driver in 2021. Photo: Andrej Isakovic -Pool/Getty Images.

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

Sign in / Sign in to reply

The post The driver salaries for the 2021 Formula 1 season have been announced first appeared on monter-une-startup.