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 |