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The US Sun
F1 stars’ dizzying salaries revealed with all 20 earning £205m a year and Lewis Hamilton and Max Verstappen leading way
By Tony Robertson,
1 days ago
FORMULA ONE drivers have long been known for their lavish lifestyles of rock and roll and splashing the cash.
The rising popularity of the sport since Liberty Media’s acquisition of it has only served to further inflate the pockets of the biggest names in the motorsport.
Lewis Hamilton is one of the biggest names in F1, but is currently not its top earner Getty World champion Max Verstappen rakes in £42million a year Getty
Altogether, the 20 drivers who make up the F1 grid earn around £205million a year, excluding bonuses.
But who takes the chequered flag when it comes to salary in 2024?
1) Max Verstappen – £42m
Reigning world champion Max Verstappen is head honcho both in terms of track pace and contract income.
The Dutchman has a staggering £42m a year going to him in his Red Bull deal.
2) Lewis Hamilton – £34m
Lewis Hamilton is undoubtedly the biggest name on the F1 grid, and more than makes up the gap to Verstappen in terms of sponsorship income elsewhere.
The current poster boy of the Scuderia, Charles Leclerc , earns a cool £26m himself.
The Monegasque has won two races so far in 2024 – Monaco and Italy – and will be hoping Hamilton’s introduction will help push the team up the grid even more.
4) Lando Norris – £15m
McLaren ace Lando Norris is currently the closest challenger to Verstappen, and is realistically the only one who could nick the driver’s championship away from the three-time world champion.
However, the two-time race winner has some way to before he gets anywhere near Verstappen’s contract value.
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