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Formula 1

Top 10 highest paid F1 drivers in 2021

With 20 drivers set to take the grid for the 2021 Formula 1 season, we take a look at which names will take home the biggest salaries. Is it Lewis Hamilton? Or Red Bull rival Max Verstappen? Find out which drivers get paid the most in Formula 1 and how much they earn each year.

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RacingNews365.com can reveal who the 10 most paid drivers are on the current Formula 1 grid. After Lewis Hamilton signed on to drive for Mercedes this year we can confirm he is the top earner on the grid, earning $30 million this season excluding bonuses.

Next on the list is Max Verstappen with $25m a season, as the Red Bull man will look to take the fight to his Mercedes rival in 2021 in what is Honda's final season as the team's engine provider. Rounding out the podium is returning two-time world champion Fernando Alonso, who will take home $20m in what is the Spaniard's first Formula 1 season since 2018.

Former Red Bull teammates Sebastian Vettel and Daniel Ricciardo will both earn $15m, with both men hoping to return to the top of the podium in 2021 after spending last season with Ferrari and Renault respectively.

Charles Leclerc is the highest paid Ferrari driver, earning $12m compared to the $10m that new teammate Carlos Sainz will bring home, while the likes of Valtteri Bottas, Lance Stroll and Kimi Raikkonen complete the top 10.

RacingNews365.com has learned this information from sources based within the Formula 1 paddock. All the figures exclude driver performance bonuses and personal sponsors.

Top 10 Formula 1 Driver Salaries

No. Driver Team Salary (USD) Expiry (*with option)
1 Lewis Hamilton Mercedes $30m 2021
2 Max Verstappen Red Bull $25m 2023
3 Fernando Alonso Alpine $20m 2022
4 Sebastian Vettel Aston Martin $15m 2021*
- Daniel Ricciardo McLaren $15m 2022*
6 Charles Leclerc Ferrari $12m 2024
7 Valtteri Bottas Mercedes $10m 2021
Carlos Sainz Ferrari $10m 2022*
- Lance Stroll Aston Martin $10m Open
- Kimi Raikkonen Alfa Romeo $10m 2021

Want to know the salaries of the entire 2021 Formula 1 grid? Click the link below.

2021 Formula 1 driver salaries

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