Formula 1 pits the fastest racing cars on the planet against the clock on the track. The races there are often intense and competitive, especially since the Red Bull cars no longer outrageously dominate the competition. The discipline also includes hundreds of millions of spectators around the world and the drivers who work there are real stars.
It therefore seems logical to discover impressive salaries each year for the most prominent drivers in Formula 1, where average incomes are much higher than in endurance, rallying, Formula E or even Nascar in the United States. where there are also real stars and very high level salaries.
Max Verstappen in the lead, but Lewis Hamilton should get revenge next year
Forbes journalists have published their salary estimates for the 2024 class of the Formula 1 championship and unsurprisingly, it is the reigning four-time world champion Max Verstappen who is doing the best with $60 million in salary plus $15 million in bonuses. He is ahead of Lewis Hamilton and his 55 million dollars (plus 2 million dollars in bonuses) and the vice-champion Lando Norris with 12 million dollars and a nice bonus of 23 million. All drivers in the top 10 earned more than $10 million in 2024, including Frenchman Pierre Gasly ($12 million including bonuses).
In 2025, it is Lewis Hamilton who could take first place in this ranking. By arriving at Ferrari, he will indeed earn $60 million in annual salary and could also accumulate bonuses of nearly $40 million. This season also promises a lot on paper since the cars of Red Bull, Ferrari, McLaren and even perhaps Mercedes should be quite close in performance given the very close results at the end of the season.