How much does a F1 driver earn?

Pos Driver Salary (USD)
1 Lewis Hamilton $30m
2 Max Verstappen $25m
3 Fernando Alonso $20m
4 Sebastian Vettel $15m

How much do f1 drivers earn 2021?

In a report released by Forbes today, Hamilton is leading—actually lapping much of the field—in total earnings with an estimated $62 million projected for 2021. Verstappen is second at $42 million.

Do Formula 1 drivers make a lot of money?

The Business Book GP published the ranking of Formula 1 drivers’ salaries this season. The added salaries of all the drivers on the grid come down to a total of $163.5 million. The seven-time world champion, Lewis Hamilton, is also the highest-paid driver at the paddock and pockets a salary of $47 million.

Do F1 drivers get a bonus for winning?

Why F1 driver salaries depend on bonuses

F1 drivers’ salaries are huge, but that’s not the entire story. Contracts often include performance-based bonuses. This might be where a driver receives a sum based on winning a race, scoring a certain number of points, or finishing above a certain position.

Do F1 reserve drivers get paid?

First: There is no driver who pays for a F1 seat. The so called “pay drivers” Don’t use there own money but they bring money from personal sponsors. Like Pascal Wehrlein brings the Mercedes engine when he drives for Manor because Mercedes sponsors him.

How much money does a Formula 3 driver make?

They’re either given a salary by the factory, or paid for the weekend by the team or even one of the other two classes of drivers. The full time pro would earn anywhere from $5000 on up for a weekend. A semi-pro would get a little extra sponsorship to cover the fee of the full time pro.

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