Lewis Hamilton signed a new contract with Mercedes in 2018, pledging his future to the Silver Arrows until the end of 2020. 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.
Just before the end of 2019, a new contract with Ferrari was signed by Charles Leclerc, who overtook Valtteri Bottas on the earnings list, breaking into fifth place.
Take a look at Formula One racers’ annual earnings rankings for the 2020 season …
Data has been collected from various sources including outlets such as Forbes and the BBC, although some annual wages have been estimated while other salaries may not be accurate due to various finishing bonuses.