Hamilton and Vettel top driver salaries

Date published: March 9 2019

Formula 1 salaries are revealed.

Lewis Hamilton and Sebastian Vettel are the highest earners in Formula 1 after the driver salaries were revealed by The Mirror.

2019 will feature a gruelling 21-race calendar, so for all its glitz and glamour, drivers are worked hard for their lucrative salaries.

After all, driving the finest machine in racing, forever on the line of perfection and disaster, should earn you a little more than minimum wage.

However, what may come as a surprise is the gulf in earnings from the top to the bottom of the grid.

Of course, the base salary is only the start, with bonuses and sponsorship deals further inflating the numbers.

Unsurprisingly, Hamilton tops the chart, with the new deal he penned at Mercedes believed to be putting £40 million a year in his pocket until the end of 2020.

His title-rival for the past two seasons isn’t too far behind, with Ferrari handing over £30.5 million a year for Vettel’s services.

And it now becomes clear why Daniel Ricciardo really linked up with Renault – turns out his two-year deal tripled his Red Bull wage, now he earns a reported £26.5m a year.

Right at the other end of the scale is Alexander Albon, with Toro Rosso’s rookie earning £130,000 per year.

 

Reported salaries in full

Lewis Hamilton (Mercedes) £40,000,000

Sebastian Vettel (Ferrari) £30,500,000

Daniel Ricciardo (Renault) £26,500,000

Max Verstappen (Red Bull) £10,000,000

Valtteri Bottas (Mercedes) £6,500,000

Kimi Raikkonen (Alfa Romeo) £3,500,000

Nico Hulkenberg (Renault) £3,500,000

Carlos Sainz (McLaren) £3,000,000

Charles Leclerc (Ferrari) £2,500,000

Sergio Perez (Racing Point) £2,500,000

Romain Grosjean (Haas) £1,400,000

Pierre Gasly (Red Bull) £1,000,000

Lance Stroll (Racing Point) £900,000

Kevin Magnussen (Haas) £900,000

Robert Kubica (Williams) £430,000

Daniil Kvyat (Toro Rosso) £230,000

Lando Norris (McLaren) £200,000

Antonio Giovinazzi (Alfa Romeo) £175,000

George Russell (Williams) £140,000

Alexander Albon (Toro Rosso) £130,000

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