The annual list of what each driver is earning has been released by Business Book GP, and whilst Fernando Alonso might not be doing so well on the track, his bank account certainly is.. Charles Leclerc Annual Salary ($30 Million):Charles Leclerc signed a new three years deal with Ferrari F1 untill 2024. He did not extended his contract with Red Bull F1 team but hopeful to win Formula drivers championship 2020 season. FORMULA 1 - 2020 Team Salaries Browse FORMULA 1 2020 salaries , transactions and more. 5. $684,000. 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 Scuderia newboy Carlos Sainz is one of few drivers to earn a pay rise ahead of 2021 with a bump up to £5.3m as he swaps Ferrari from McLaren. Returning to the team where he was champion, his 20-year career span is of vital importance to a team who are looking to make a jump away from the midfield. Coming into his third full year of the sport, Giovinazzi will be hoping that he can keep up his comparative performances to his teammate Raikkonen. Charles Leclerc signed a new three years … Lewis Hamilton currently highest earning Formula 1 driver on annual base salary. Formula 1: What are Mercedes' 5 greatest victories of the modern era? © 2021 Sports New Media Limited. Michael Schumacher: How the Formula 1 superstar helped build Mercedes, Lewis Hamilton: Key Mercedes figure explains how 'mercenary' superstar has improved, Formula 1: Toto Wolff reveals how Mercedes improved Singapore struggles, Formula 1: Toto Wolff's key takeaways behind Mercedes' dominance, Formula 1: Toto Wolff 'couldn't believe' the conditions he found at Mercedes on his first day, Formula 1: Miami GP confirmed for 2022 in epic trailer, F1 2021 game: Co-op Career Mode, brand new tracks, new 'Braking Point' mode & more, Formula 1: Stefano Domenicali reveals plans for African GP and extra US race, Emilia Romagna GP: 5 of the best moments ahead of this weekend's race, Stefano Domenicali hopes to have female Formula 1 drivers in next 10 years, Lewis Hamilton: Daniel Ricciardo takes a shot at Mercedes star's domination. Watch out for this hot shot this year, he did finish third in Formula Two last year with multiple wins and poles. Charles Leclerc, Ferrari: £8.76 million. The boy wonder of Monaco and Italy, Leclerc is Ferrari’s future. Sebastian Vettel, Ferrari - £37m. It will be fascinating to see if Ocon will be on this list next year, giving his sub-par performances last year. The less said about this guy, the better. According to public report in 2019, formula 1 drivers salaries 25% increase in past five years. The 35-year-old Englishman's last contract cements his status as Britain's biggest sporting earner as well as the best-paid driver in Formula 1 history. The two-time champion has driven for what seems all of the greatest teams in Formula One history. Charles Leclerc Annual Salary ($30 Million): . 2020 F1 season. His ties with Mercedes might put him into the Silver Arrow 2022, so we might see him higher up this list next year. The strongest number two in the sport. 4. 2020 F1 Driver Salaries Lewis Hamilton signed a new contract with Mercedes in 2018, pledging his future to the Silver Arrows until the end of 2020. Sebastian Vettel (Ferrari): $57M. In 2019, a website revealed the salaries of Formula 1 drivers according to them he earn ($12.5 million) a year contract till 2020. 12. The very exciting and talented Verstappen is a great asset to any team. SALARIES 2020 (CONTRACTS DETAILS, Football Players Expensive Boot Deals Long-Term Contracts, Highest Paid Football Referees in the World, The 20 Highest Paid Cricket Players in World 2020, Quinton Randall vs William Jackson Purse Payouts, Jake Paul vs Ben Askren Purse Payouts (Confirmed). Max Verstappen driving the last season for the Red Bull racing team. Lewis Hamilton will unsurprisingly remain Formula 1's top earner in 2020, with the seven-time world champion collecting a basic salary from Mercedes estimated at a lofty €47m, according to industry publication Business Book GP. 2021 F1 Driver Salaries Lewis Hamilton signed a new contract with Mercedes in 2021, pledging his future to the Silver Arrows until the end of this year. Germany’s Sebastian Vettel began his career as … 16. Every F1 driver's salary for the 2020 season (all figures in AUD): 1. His ability to drag an underwhelming car into the higher places is incredible and a sign of a future World Champion. A news website in 2018, revealed the Formula 1 drivers salaries. A podium finisher and constant point scorer, he should be on a higher wage than Stroll. The Godfather is back. Vettel facing pressure and we might see him in a different f1 team upcoming year. Currently no official confirmation about his extension of contract with team released. Pierre Gasly, Alpha Tauri: £3.6 million. 4. Before the move, Vettel was the 2nd highest earning current F1 driver. Daniel Ricciardo Annual Salary ($34 Million):This might be Daniel Ricciardo last season with Renault F1 his salary reported to (£26.5 million) a year according to UK news sites in 2019. A future multiple World Champion, the “Flying Dutchman” signed a contract extension at the beginning of last year, but with a potential Mercedes seat opening for 2022, like Leclerc, we may be more interested in the break-out clause within the next few months. This has meant that Mercedes and Sir Lewis Hamilton don’t look as dominant as they have done previously, meaning that Max Verstappen and Red Bull have a real chance of challenging and beating the Silver Arrows. Bottas vs Rosberg: Hamilton’s Mercedes team mates compared after 78 races each; F1 revenues fell by $877 million in Covid-struck 2020 season; Hamilton and Mercedes finally announce new deal for 2021 season Antonio Giovinazzi, Alfa Romeo: £730,800. We always get some sense of what the top athletes in the world are taking home in terms of bacon.But seeing it laid out in plain numbers is an experience that never fails to stagger. Daniel Ricciardo (Renault): $32M. His surprise pole position in Turkey has certainly raised his reputation, but the lack of consistency throughout a race is his biggest weakness. Kimi Räikkönen break all records in 2007 after signing three years contract deal with Ferrari F1 team. Max Verstappen Annual Salary ($12.5 Million):In 2018 Max Verstappen salary reported (£3.5 million) news sources. Lewis Hamilton (Mercedes): $76M. In 2018, Hamilton signed two years contract deal with Mercedes Meclarn F1 for ($51 million a year) $100 million total value of contract. Everything about major sports including football, cricket, tennis, motogp, rugby and american sports. Daniel Ricciardo, McLaren: £10.9 million. EVERY DRIVER’S 2020 SALARY. Sergio Perez (Red Bull) – £2.5m. There might be changes to the drivers line-up as some team prefer to give rest to F1 driver and called third drivers for the grand prix. The idea has been bubbling away for some time and was put forward last Monday in a … I wonder how much bigger the salary would be if he won a race last season, which he should have done in Monza (Italian Grand Prix) and Istanbul (Turkish Grand Prix) last year. References: The Sun, Motor Sports Magazine, Forbes Magazine, Business Insider, GP Racing, Formula Forums, TSM Sports, Bleach Report, FORMULA 1 DRIVERS Valtteri Bottas, Mercedes: £7.3 million. The four time world champion finished at 5th place in 2019 F1 standings. F1 will have a $145 million team budget cap beginning in 2021, but that amount does not include driver salaries. Time will tell. Since Bahrain, the drivers’ base salaries have been released, as per The Mirror, and to no surprise the main two protagonists are top of the list, but further down below there are a few surprises. Sebastian Vettel has reportedly signed a three-year-old deal with Aston Marti. Some drivers did not signed extension contract and after 2020 they are looking for better deals. It is also worth to note that Perez only has a contract for 2021. Driver: Salary* (US) Mercedes: Lewis Hamilton: $40m: Ferrari: Sebastian Vettel: $30m: Red Bull: Max Verstappen: $25m: Renault: Daniel Ricciardo: $20m: Ferrari: Charles Leclerc: $10m: Mercedes: Valtteri Bottas: $8m: McLaren: Carlos Sainz: $8m: Racing Point: Sergio Perez: $8m: Haas: Romain Grosjean: $7m: Renault: Esteban Ocon: $5m: Alfa Romeo: Kimi Räikkönen: $5m: Haas: Kevin Magnussen: $5m: Racing … Considering he is in a “top team”, it is surprising to see him in the midfield when it comes to base salaries. According to the Formula 1 drivers salaries for the upcoming season 2020 contracts extension. 2. It seems that driver market for 2022 will be solely based on what happens to Hamilton beyond 2021. Still a high-valued driver given his experience of winning races and championships. The finiancial information of all drivers salaries and contract extension collected from top sources of Formula 1. Formula 1 Drivers Salaries 2020 Sebastian Vettel Annual Salary ($40 Million): . The 20 drivers on the 2020 F1 grid earn over $189 million combined. The 34-year-old Englishman's last contract cements his status as Britain's biggest sporting earner as well as the best-paid driver in Formula 1 history. The Spaniard, thanks to a move from Ferrari back to McLaren-Honda, has netted him an annual salary of €35 million (£24.6m) a year, €13m more than he earned at Ferrari in 2014. The approximate average salary of a driver in Formula E is now believed to be around the €750,000 mark. Meanwhile, According to Gazzetta, the Vettel Aston Martin deal will see the 33-year-old bag € 15m per year ($17.7 million). The yearly earnings of the 2021 F1 drivers (base salaries) 1. It is very easy to forget that Vettel is a four-time World Champion, but his performances have been sub-par since the German Grand Prix in 2018, which has resulted in Ferrari controversially not exercising a contract extension at the beginning of 2020. Max Verstappen, Red Bull: £18.27 million. His team mate Charles Leclerc earn (3 year contract) deal from Ferrari and joined the best paid drivers list. The added bonuses may be utilised given the apparent strengths of the McLaren this year. Formula 1 teams have agreed in principle to introduce a cap on driver’s salaries from 2023. The top earners are reckoned to be on between €2.2million and €2.8m. The curious part to Leclerc’s contract could be the break-out clause should he get tired of the underwhelming machinery. Lewis Hamilton Annual Salary ($60 Million):Lewis Hamilton six times world champion currently best paid driver in the world. This may also explain why Giovinazzi’s base salary is low. Sebastian Vettel (Ferrari): $57M. Lewis Hamilton, Mercedes - £40m. in this video, I will show how much Formula 1 driver gets paid in 2020. Advert | Become a Supporter & go ad-free. Formula 1 Driver Contract & Salaries For 2021 Season (Confirmed) January 12, 2021 by totalsportal Leave a Comment Formula 1 season 2021 has been delayed again this year with opening two grand prix postponed and now the season will begin by end of March 2021. When F1 stopped one year on: How sport bounced back from 2020 … Lewis Hamilton (Mercedes) – €48,000,000. Advert. The 2020 salaries of all twenty Formula 1 drivers have been revealed, and to no one's surprise it's the sport's poster-boy Lewis Hamilton who comes in atop the list. Will he move to another team? 5. Given that this is a one-year deal, though, has raised some eyebrows. The latest first-time Grand Prix winner, Perez has been in the sport for a decade now. The 2020 Formula 1 season came to an end back on Sunday, December 13 with the Abu Dhabi Grand Prix at Yas Marina Circuit. Given the financial struggles of the Haas team, it is no surprise that the son of questionably the Greatest Of All Time of the sport is near the bottom of the list along with his teammate. The full list of all 20 driver salaries on this year's 2021 Formula One grid have been released. Now a Grand Prix winner, Gasly’s impressive results could see him potentially taking Ocon’s seat at Alpine for 2022. 10. Lance Stroll, Aston Martin: £7.3 million. Widely considered one of the greatest drivers of all time, British racer... 2. If Formula 1 teams follow through with plans to impose a salary … 3. The future is bright for British motorsport with both Lando Norris and George Russell. Perhaps it is a surprise that he has the same base salary as the two Haas drivers who are both rookies. Having a career spanning 20 years, it is no surprise to find “The Iceman” this high up. $7,525,000. Kimi Räikkönen 41 Finland. The most exciting talent to come from the Land of the Rising Sun, Tsunoda is unsurprisingly near the bottom given that he is a rookie, however, what is shocking is how low his salary is in comparison to the person in 19th. BBGP, which monitors F1's finances and business deals, has put together a full list of drivers salaries for 2020. That win he gained could be a good bargaining chip in future negotiations. F1 2020 drivers salaries. 2. Latifi is shockingly on nearly double of Tsunoda’s pay, but given that he has been reliable for Williams thus far, perhaps it is no surprise. The Twitch streamer is earning quite a lot for someone in his third year, but given that he is an exciting talent and has also claimed a podium, it is no surprise. For now, he will be content with his paycheck given the size of the Alpha Tauri team. Top F1 Drivers 2020 Salaries Revealed 1. After an exciting season opener to the Formula One World Championship 2021 in Bahrain, the circus moves to the world famous Imola circuit in Italy for the second round. A meeting between team bosses on Monday saw a … Alfa Romeo Racing. Now at the Prancing Horse of Ferrari, he has gone up in value since he departed Renault in 2018. Formula 1 world champion Lewis Hamilton is once again the best paid driver on the grid, as he is still within his mega contract that was agreed until the conclusion of the 2020 campaign.. The top three remains unchanged, with Hamilton being joined by Sebastian Vettel in second and Daniel Ricciardo in third, with the Australian joining Renault from Red Bull in a huge deal prior to last season. Will he retire? Max Verstappen (Red Bull Racing): $26M. GP Fans recently revealed what the top-earning F1 drivers are taking home this 2020 season. Update: 2021 Formula 1 drivers’ salaries. All Rights Reserved. Currently he is working hard to get a better contract. 3. Especially in the case of F1. According to news sources in 2019, his contract deal is upto 2020 and his annual salary estimated upto ($60 million). Max Verstappen, Red Bull - £14m. Lewis Hamilton, Mercedes: £21.9 million. Will he stay at Mercedes? Sebastian Vettel, Aston Martin: £10.9 million. Lewis Hamilton (Mercedes): $76M. Charles Leclerc, Ferrari - £8m. Statiscally the greatest driver of all time, it is of course no big surprise that Hamilton is top of the list. The hottest property in the paddock. The Mexican won his first Grand Prix on his way to an impressive … https://sportytell.com/motorsports/highest-paid-f1-drivers-salaries Kimi Raikkonen, Alfa Romeo: £7.3 million. One of the reasons will be that Williams is an independent organisation, whereas Alpine is part of the Renault Group. Kimi … 6. So there is a big gulf between Russell and Frenchman Ocon. This season looks set to be one of the best seasons since the turbo-hybrid era started in 2014 thanks to new regulations to decrease the level of downforce on the cars. 1 November, 2020. ... extension at the beginning of 2020. All the financial information of the Lewis Hamilton career taken from trusted sources, his net value may fluctuate in future because currently he is active driver and winning the world championship back to back season. Antonio Giovinazzi 27 Italy. 5 of the greatest moments at Imola ahead of the 2021 Grand Prix, Lewis Hamilton takes subtle dig at Max Verstappen as he names his toughest opponent, 5 questions that need answering at this weekend's Emilia Romagna GP. Bottas’ time in the sun may be coming to an end if he doesn’t put up a reasonable challenge for the title. He earns $51 million per year his contract worth of ($153 million) which bring his name among the highest paid drivers and athletes worldwide in 2009. Hamilton would want to keep him due to the apparent lack of friction between the two, vastly different from the Rosberg-Hamilton era. ... contract extension it is understood that the British star will earn up to £40million a year until the end of 2020. The professional drivers in Formula sign new deals and shuffle from one team to another with 1st driver opportunity. 2. 8. The 2007 World Champion is Finland’s most successful driver in Formula One history. Yuki Tsunoda is the lowest paid driver at just $500,000 each. Sebastian Vettel (Ferrari) – €42,000,000. Any major changes to salaries or contract updated here. However, another talking point which will emerge now is the salaries that the drivers will be taking home from the 2020 season. Daniel Ricciardo, Renault - £16m. Having won multiple Grands Prix and being a constant match for Max Verstappen at Red Bull, it is to no great surprise that the base salary of this popular Australian is quite high. 1. F1 drivers' salaries revealed including Lewis Hamilton and Max Verstappen. Lewis Hamilton ($60 million) annual salary remain the highest paid driver in F1 2020 season. Son to the two-time World Rally Champion with the same name, Sainz has proven to be a top driver over the past two years. Sebastian Vettel Annual Salary ($40 Million):The four time world champion finished at 5th place in 2019 F1 standings. 7. 1. This means his wages improved with new contract extension currently no-official details revealed about his wage scale improvement but according to (GPRacing) he earn $30 million a year. Lewis Hamilton has the highest wages, earning $60,000,000 per year. Fernando Alonso, Alpine: £14.6 million. A report has surfaced from … A proposed cap on Formula 1 driver salaries is under discussion but still some way away, although teams are supportive of the idea, bosses said on Friday. To the apparent strengths of the list, another talking point which will emerge is... 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