REVEALED: 2020 F1 Driver Salaries – Who Is The Richest Formula 1 driver?

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.
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.

Max Verstappen signed a multiple years contract with Red Bull worth 40.000.000 €  at the beginning of 2020.

Just before the end of 2019, a new contract with Ferrari was also 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.

Nicholas Latifi – Williams: 0 €

George Russell – Williams: 200.000 €

Antonio Giovinazzi – Alfa Romeo: 200.000 €

Daniil Kvyat – Toro Rosso: 275.000 €

Lando Norris – Mclaren: 400.000 €

Pierre Gasly – Toro Rosso: 400.000 €

Kevin Magnussen – Haas; 1.000.000 €

Romain Grosjean – Haas: 1.000.000 €

Lance Stroll – Racing Point: 1.000.000 €

Alexander Albon – Red Bull; 1.200.000 €

Esteban Ocon – Renault: 1.500.000 €

Sergio Perez – Racing Point; 3.000.000 €

Carlos Sainz – Mclaren: 3.500.000 €

Kimi Raikkonen – Alfa Romeo: 4.000.000 €

Valtteri Bottas – Mercedes; 7.500.000 €

Charles Leclerc – Ferrari: 9.000.000 €

Daniel Ricciardo – Renault: 18.000.000 €

Sebastian Vettel – Ferrari; 40.000.000 €

Max Verstappen – Red Bull; 40.000.000 €

Lewis Hamilton – Mercedes; 50.000.000 €