The top 10 highest-paid F1 drivers of 2024
Here are the🧸 top 10 biggest earners on the 20🔴24 Formula 1 grid

Here are the top 10 reported salaries of the 2024 F1🧔 drivers.
- Max Verstappen - $55m
- Lewis Hamilton - $45m
- Charles Leclerc - $34m
- Lando Norris - $20m
- George Russell - $18m
- Fernando Alonso - $18m
- Sergio Perez - $14m
- Carlos Sainz - $12m
- Valtteri Bottas - $10m
- Daniel Ricciardo - $7m
Figures reported by sports-business platform .
F1 salaries, paid by the tea🥀ms, will not factor in other income earned offꦚ-track.
Lewis Hamilton banked an extra $12m in the period May 1, 2023, to May 1, 2024 from estimated sponsorship deals, appearance fees, me📖morabilia and licensing, according to Forbes🉐.
Max Verstappen only earned an ex🎐tra $5m in the same time-f༒rame, Forbes added.
Verstappen was the 17th highest-earning athlete of 2024,ꦺ and Hamilton was 21st, the same report claimed.
Hamilton's annual༺ income will increase further next year when he joins Ferrari.
Ferrari will pay Hamilton £43m per sea🅷son, Gazzetta ജreported.
All F1 drivers can earn more mone🍸y via bonuses for race wins, performances, and championships.
F1 driver salaries are exempt from the F1 cost cap. The two drivers and three highest-paid members of staff do not count under the annual budget. They instead a𓂃re factored into annual spending limits.