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F1 Drivers Salary 2024: Know which driver earns the most and lowest this season

Formula 1 is the pinnacle of motorsport racing. It is one of the toughest and most dangerous sports in the world. The cars go over the speed of 300 km/h, and one mistake can turn things around. As a result, every driver on the grid is professional, with experience in the F2 and F3 cars before getting into F1. This concludes that every driver is paid a high salary in the millions. So, let us look at the F1 Drivers Salary 2024.

F1 Drivers Salary 2024

  1. Max Verstappen: $55 million
  2. Lewis Hamilton: $45 million
  3. Charles Leclerc: $34 million
  4. Lando Norris: $20 million
  5. George Russell: $18 million
  6. Fernando Alonso: $18 million
  7. Sergio Perez: $14 million
  8. Carlos Sainz: $12 million
  9. Valtteri Bottas: $10 million
  10. Daniel Ricciardo: $7 million
  11. Esteban Ocon: $6 million
  12. Pierre Gasly: $6 million
  13. Oscar Piastri: $6 million
  14. Kevin Magnussen: $5 million
  15. Alexander Albon: $3 million
  16. Lance Stroll: $3 million
  17. Nico Hulkenberg: $2 million
  18. Guanyu Zhou: $2 million
  19. Yuki Tsunoda: $1 million
  20. Logan Sargeant: $1 million

In case you missed: Christian Horner releases a controversial statement on both Red Bull drivers’ seats! Post Max’s Mercedes move drama

Which F1 driver has the highest and lowest salary in 2024?

The Red Bull racing driver, Max Verstappen, has an annual salary of $55 million, the highest by an F1 driver. This concludes that he gets around $2.29 million per race this season. On the other hand, Yuki Tsunoda and Logan Sargeant have an annual salary of $1 million, the lowest among the drivers on the grid.

Also read: F1 drivers’ reaction to Lewis Hamilton’s move to Ferrari in 2025

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Nikhil Lopes
Nikhil Lopes
Hi, this is Nikhil Lopes, who has a great interest in sports. Nikhil has been following several sports in the past few years, like the NFL, football, NBA, F1, UFC, cricket, and many more. The term 'sports addict' completely suits him.

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