Welcome at RacingNews365

Become part of the largest racing community in the United Kingdom. Create your free account now!

  • Share your thoughts and opinions about F1
  • Win fantastic prizes
  • Get access to our premium content
  • Take advantage of more exclusive benefits
Sign in
F1 news

F1 salary to points ratio: Which driver is the best value for money?

There is a large spread of driver salaries across the Formula 1 grid - but which driver is the best value for money, from the perspective of the teams?

XPB 1228593 Hi Res
Article
To news overview © XPBimages

Rookie Oscar Piastri has been listed as the driver who has gifted a Formula 1 team the best value for money.

The Australian, on a salary of estimated $2 million, scored 97 points throughout his first season in F1 as McLaren resurged from back-of-the-field competition to consistent podium-scoring form.

Fernando Alonso comes in second place after a successful first season with Aston Martin, while his team-mate Lance Stroll rounded out the top three.

Reigning World Champion Max Verstappen, despite being on the highest salary, is placed in the top half of the best value for money list as he dominated the past season en route to his third title.

Regarding the most expensive drivers, that label is given to veterans Kevin Magnussen and Valtteri Bottas who drove uncompetitive machinery for most of the year.

The salary figures below are approximate from multiple sources. Nyck de Vries, Liam Lawson and Daniel Ricciardo are not included in this overview because they did not drive a full season.

F1 2023 drivers salary-to-point ratio

Driver Estimated annual salary ($) 2023 points Salary per point ($)
Piastri 2m 97 20,619
Alonso 5m 206 24,272
Stroll 2m 74 27,027
Perez 10m 285 35,088
Russell 8m 175 45,714
Tsunoda 1m 17 58,824
Sainz 12m 200 60,000
Gasly 5m 62 80,645
Verstappen 55m 575 95,652
Norris 20m 205 97,561
Ocon 6m 58 103,448
Albon 3m 27 111,111
Leclerc 24m 206 116,504
Hamilton 35m 234 149,573
Hulkenberg 2m 9 222,222
Zhou 2m 6 333,333
Sargeant 1m 1 1,000,000
Bottas 10m 10 1,000,000
Magnussen 5m 3 1,666,667

Don't miss out on any of the F1 action thanks to this handy 2024 F1 calendar that can be easily loaded into your smartphone or PC.

Download our F1 calendar

6 comments

x
ANALYSIS Has Red Bull shown an early advantage in pre-season testing?