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F1 2023

2023 F1 driver salaries

How much will the likes of Lewis Hamilton, Max Verstappen and Charles Leclerc earn in 2023? RacingNews365.com reveals the salaries of the coming F1 season's entire grid.

US GP 2022 Start
To news overview © XPBimages

How much money will F1's class of 2023 take home with them? It's easy to assume that the likes of Lewis Hamilton, Max Verstappen and Charles Leclerc are the sport's biggest earners, but working out the salaries of the whole grid can be a bit of a guessing game.

It's perhaps no surprise that Max Verstappen tops the list of earners, with the Dutchman's new contract set to earn him a whopping $55 million in 2023 - and that's before bonuses for race and title wins are taken into account.

Behind Verstappen, Lewis Hamilton's $35 million salary sees him surprisingly down in third place, with Ferrari having recently increased Charles Leclerc's salary to $36 million.

At the other end of the scale, Yuki Tsunoda and Logan Sargeant are F1's paupers in 2023, with both of them set to earn a comparatively paltry $1 million for their season's efforts.

Note: All figures listed below are estimates based on consultation with various sources within the F1 paddock and across teams.

F1 driver salaries 2023

Driver Team Salary ($ million) Contract length
Verstappen Red Bull 55 2028
Hamilton Mercedes 35 2023
Leclerc Ferrari 24 2024
Norris McLaren 20 2025
Sainz Ferrari 12 2024
Perez Red Bull 10 2024
Bottas Alfa Romeo 10 2025
Russell Mercedes 8 2023
Ocon Alpine 6 2024+
Alonso Aston Martin 5 2024+
Gasly Alpine 5 2024+
Magnussen Haas 5 2023
Albon Williams 3 2024+
Stroll Aston Martin 2 Open
Hulkenberg Haas 2 2024
De Vries AlphaTauri 2 2023+
Zhou Alfa Romeo 2 2023
Piastri McLaren 2 2024+
Tsunoda AlphaTauri 1 2023+
Sargeant Williams 1 2023+

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