Most F1 drivers earn millions of dollars throughout the ever-expanding seasons, as they cross the globe to entertain millions of fans.
The two most recent World Champions, Lewis Hamilton and Max Verstappen, are unsurprisingly the top earners on the grid.
Behind Hamilton, Verstappen is the second-highest paid F1 driver, with an estimated salary of $40 million a year after signing a contract through to 2028 that could see his earnings reach $50 million in the future.
RacingNews365.com has compiled a complete overview of the salaries of all drivers competing in the 2022 F1 season.
Various sources within the F1 paddock and across teams were consulted in order to make the list as reliable as possible.
*McLaren's contract with Daniel Ricciardo was terminated one year ahead of the scheduled end date.
**Red Bull have allowed Pierre Gasly to switch to Alpine one year ahead of his contract end.
***Vettel and Latifi will not be on the grid in 2023.
2022 F1 driver salaries
| Driver | Team | Salary ($ million) | Contract length |
|---|---|---|---|
| Hamilton | Mercedes | 40 | 2023 |
| Verstappen | Red Bull | 35 | 2028 |
| Alonso | Alpine | 20 | 2022 |
| Vettel *** | Aston Martin | 15 | 2022 |
| Ricciardo | McLaren | 15 | 2023* |
| Norris | McLaren | 15 | 2025 |
| Leclerc | Ferrari | 12 | 2024 |
| Sainz | Ferrari | 10 | 2024 |
| Bottas | Alfa Romeo | 10 | 2025 |
| Stroll | Aston Martin | 10 | Open |
| Perez | Red Bull | 10 | 2024 |
| Russell | Mercedes | 5 | 2023 |
| Ocon | Alpine | 5 | 2024 |
| Gasly | AlphaTauri | 5 | 2023** |
| Magnussen | Haas | 5 | 2023 |
| Albon | Williams | 2 | 2024 |
| Zhou | Alfa Romeo | 1 | 2023 |
| Schumacher | Haas | 1 | 2022 |
| Latifi*** | Williams | 1 | 2022 |
| Tsunoda | AlphaTauri | 0.75 | 2023 |
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