Formula 1 News: Verstappen tops 2024 F1 Driver Salaries
Here’s our best estimate of 2024 F1 driver salaries with information from various sources on the internet. Of course, contracts are confidential, so any reports are via word of mouth in the F1 paddock.
The agents who get their drivers a big contract sometimes like to boast after a few stiff drinks.
Four time F1 World Driving Champion Max Verstappen continues to earn the most money via his Red Bull contract through 2028.
| Driver | Contract Expiration | Base F1 Driver Salaries | Total 2024 F1 Driver Salaries w/Bonuses |
| Red Bull | |||
| Max Verstappen | through 2028 | $60 million | $75 million |
| Sergio Perez | through 2026 | $12 million | $19.5 million |
| Ferrari | |||
| Charles Leclerc | through 2029 | $34 million | $36 million |
| Carlos Sainz | through 2024 | $12 million | $20 million |
| Mercedes | |||
| Lewis Hamilton | through 2025 | $45million | $57 million |
| George Russell | through 2025 | $18 million | $23 million |
| Alpine | |||
| Pierre Gasly | through 2026 | $10 million | $12 million |
| Esteban Ocon | through 2024 | $6 million | $6 million |
| McLaren | |||
| Lando Norris | through 2027 | $20 million | $35 million |
| Oscar Piastri | through 2027 | $5 million | $22 million |
| Aston Martin | |||
| Fernando Alonso | through 2026 | $24 million | $27.5 million |
| Lance Stroll | Until he decides to quit | $3 million | $3 million |
| Alfa Romeo | |||
| Valtteri Bottas | through 2024 | $10 million | $10 million |
| Zhou Guanyu | through 2024 | $2 million | $2 million |
| AlphaTauri | |||
| Daniel Ricciardo | through 2024 | $2 million | $5 million |
| Yuki Tsunoda | through 2026 | $1 million | $1 million |
| Haas | |||
| Nico Hulkenberg | through 2024 | $2 million | $2 million |
| Kevin Magnussen | through 2024 | $5 million | $5 million |
| Williams | |||
| Alex Albon | through 2026 | $3 million | $3 million |
| Logan Sargeant | through 2024 | $1 million | $1million |