Race winner Max Verstappen of the Netherlands and Oracle Red Bull Racing, Second placed Charles Leclerc of Monaco and Ferrari and Third placed Sergio Perez of Mexico and Oracle Red Bull Racing pose for a photo in parc ferme during the F1 Grand Prix of Las Vegas at Las Vegas Strip Circuit on November 18, 2023 in Las Vegas, Nevada. (Photo by Mark Thompson/Getty Images) // Getty Images / Red Bull Content Pool

Formula 1 News: Top-10 highest-paid F1 drivers for 2023

Max Verstappen recently capped off the most dominant season in F1 history, setting many records and topping the list of highest-paid drivers.

The 26-year-old won 19 of 22 races and earned 575 points, both single-season records.

With unprecedented success comes a massive payday

The 26-year-old tops Forbes’ annual list of the highest-paid drivers in F1, taking in an estimated $70 million in salary and bonuses.

Last year, Red Bull Racing and Verstappen agreed to a five-year extension, keeping him with the team until 2028. Under the new terms, Verstappen will reportedly pocket $55 million a year, which matches Mercedes driver Lewis Hamilton‘s pay.

In total, the 10 highest-paid F1 drivers earned an estimated $258 million in 2023 before taxes, which Forbes says is a minor drop from 2022’s $264 million collected.

For winning the Constructors’ Championship, Red Bull took in an estimated $140 million, which will go a long way towards repeating as champions again and keeping their world-class driver happy.

Here is the full list of the top 10 highest-paid drivers in F1 for 2023, considering only on-track earnings through salary and bonuses.

Rank Driver Team Nationality Earnings
1 Max Verstappen Red Bull Racing Netherlands $70 million
2 Lewis Hamilton Mercedes United Kingdom $55 million
3 Fernando Alonso Aston Martin Spain $34 million
4 Sergio Pérez Red Bull Racing Mexico $26 million
5 Charles Leclerc Ferrari Monaco $19 million
6 Lando Norris McLaren United Kingdom $15 million
7 Carlos Sainz Ferrari Spain $14 million
8 George Russell Mercedes United Kingdom $9 million
9 (tie) Pierre Gasly Alpine France $8 million
Oscar Piastri McLaren Australia $8 million