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+ |
Subscribe to our YouTube channel and don't miss a thing of Formula 1
Subscribe to our Youtube channelMost read
In this article
Join the conversation!