What is the Annual Earnings of Formula 1 Drivers?

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It’s no secret that there is plenty of money in Formula 1.

From the hefty cost of developing and maintaining cars to the non-stop globetrotting, there is no shortage of cash at play.

But what about the drivers themselves?

The Jugo Mobile takes a look at what this year’s F1 stars are earning. 

Who is the highest-paid F1 driver?

Note: These salaries and contract details are via RacingNews365. The figures are estimated basic salaries (USD) and do not account for performance bonuses or sponsorships.

F1 is a results-oriented business, so it’s no surprise that Red Bull’s Max Verstappen is reportedly the highest-paid driver on the grid.

The Dutchman is set to earn $65 million in 2025 as he chases his fifth successive drivers’ championship. 

Seven-time world champion Lewis Hamilton sits closely behind Verstappen.

Following his high-profile switch to Ferrari, he is in line to receive a salary of $60 million this season.

How much are F1 drivers paid Joshua Mayne •.webp

Who is the lowest-paid F1 driver?

Naturally, rookie drivers are on smaller salaries.

While they earn considerably less compared to the top drivers, they are still paid well for their services.

Isack Hadjar (Racing Bulls) and Jack Doohan (Alpine) will both reportedly earn between $500k and $1 million in 2025.

Fellow rookies Liam Lawson (Racing Bulls) and Oliver Bearman (Haas) will take home $1 million, while Kimi Antonelli (Mercedes) and Gabriel Bortoleto (Sauber) are on $2 million deals.

Jack Doohan

Full list of F1 2025 driver salaries

Via RacingNews365

Driver Team Salary (USD)
Max Verstappen Red Bull $65 million
Lewis Hamilton Ferrari $60 million
Charles Leclerc Ferrari $34 million
Oscar Piastri McLaren $25 million
Fernando Alonso Aston Martin $20 million
Lando Norris McLaren $20 million
George Russell Mercedes $15 million
Carlos Sainz Williams $10 million
Pierre Gasly Alpine $10 million
Alex Albon Williams $8 million
Nico Hulkenberg Sauber $7 million
Esteban Ocon Haas $7 million
Lance Stroll Aston Martin $3 million
Gabriel Bortoleto Sauber $2 million
Yuki Tsunoda Red Bull $2 million
Kimi Antonelli Mercedes $2 million
Oliver Bearman Haas $1 million
Liam Lawson Racing Bulls $1 million
Jack Doohan Alpine $500k-$1m
Isack Hadjar Racing Bulls $500k-$1m

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