F1-salaries: These drivers earned the most this year

25-11-2020 13:17 | Updated: 25-11-2020 14:11
by GPblog.com
F1 News
 F1-salaries: These drivers earned the most this year

The list of drivers' salaries has been published. Business Book GP conducts an annual survey of the financial flows within Formula 1 and always comes up with a list of the best-earning drivers at the end of the season.

Big earner Hamilton

It will come as no surprise that Lewis Hamilton is the best paid driver in Formula 1. According to Business Book GP, Hamilton will receive a salary of €47 million in 2020. However, this is the basic salary. Bonuses and sponsorship money are not included in the list, reported Motorsport.com.

The other big earners in the sport are Sebastian Vettel (35 million), Daniel Ricciardo (20 million) and Max Verstappen (16 million). The worst paid driver on the grid is Antonio Giovinazzi. He will earn 'only' EUR 500,000 this year from Alfa Romeo. Daniil Kvyat, George Russell and Nicholas Latifi are also below the million mark, with a salary of EUR 750 000.

Full list with salaries

Lewis Hamilton (Mercedes): €47 million
Sebastian Vettel (Ferrari): €35 million
Daniel Ricciardo (Renault): €20 million
Max Verstappen (Red Bull Racing): €16 million
Valtteri Bottas (Mercedes): €9 million
Charles Leclerc (Ferrari): €9 million
Kimi Raikkonen (Alfa Romeo): €6 million
Carlos Sainz (McLaren): €4,5 million
Sergio Perez (Racing Point): €4 million
Esteban Ocon (Renault): €4 million
Romain Grosjean (Haas): €2 million
Kevin Magnussen (Haas): €2 million
Alex Albon (Red Bull Racing): €2 million
Lando Norris (McLaren): €1,5 million
Lance Stroll (Racing Point): €1,5 million
Pierre Gasly (AlphaTauri): €1 million
Daniil Kvyat (AlphaTauri): €750.000
George Russell (Williams): €750.000
Nicholas Latifi (Williams): €750.000
Antonio Giovinazzi (Alfa Romeo): €500.000

Value for money

If we then compare the drivers' salaries with the number of points they have earned so far, you get a list of the drivers where the teams get the best value for money. Pierre Gasly then comes out on top, with a salary of EUR 15,873.02 per point achieved. Norris (€20,270.27 per point) and Stroll (€25,423.73 per point) also score well.

Romain Grosjean, Sebastian Vettel, Kimi Raikkonen and Kevin Magnussen only score it and cost their teams between one and two million euros per point. Max Verstappen is a nice midfielder with a salary of 93,117.65 euros per point.

Full list of salary per point

Pierre Gasly (AlphaTauri): €15.873,02
Lando Norris (McLaren): €20.270,27
Lance Stroll (Racing Point): €25.423,73
Alex Albon (Red Bull Racing): €28.571,43
Daniil Kvyat (AlphaTauri): €28.846,15
Sergio Perez (Racing Point): €40.000,00
Valtteri Bottas (Mercedes): €45.685,28
Carlos Sainz (McLaren): €60.000,00
Charles Leclerc (Ferrari): €92.783,51
Max Verstappen (Red Bull Racing): €94.117,65
Esteban Ocon (Renault): €100.000,00
Antonio Giovinazzi (Alfa Romeo): €125.000,00
Lewis Hamilton (Mercedes): €153.094,46
Daniel Ricciardo (Renault): €208,333,33
Romain Grosjean (Haas): €1.000.000,00
Sebastian Vettel (Ferrari): €1.060.606,06
Kimi Raikkonen (Alfa Romeo): €1.500.00,00
Kevin Magnussen (Haas): €2.000.000,00
George Russell (Williams): n/a
Nicholas Latifi (Williams): n/a

Check out the Story of the CRAZIEST F1 Season in History HERE!

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