Formula 1 Driver & Team Salaries for 2023:

The 20 drivers on the 2020 F1 grid earn over £189 million combined. Lewis Hamilton has the highest wages, earning $35,000,000 per year. Logan Sargeant is the lowest paid driver at just £810,000.

Find the full driver/team breakdown below:

DriverSalaryTeam/ConstructorAgeNationalityContract Years
Valtteri Bottas£8,100,000Alfa Romeo33Finland4
Guanyu Zhou£1,620,000Alfa Romeo23China1
Nick De Vries£1,620,000AlphaTauri27Netherlands1
Yuki Tsunoda£810,000AlphaTauri22Japan1
Pierre Gasly£4,050,000Alpine26France2
Esteban Ocon£4,860,000Alpine26France3
Fernando Alonso£4,050,000Aston Martin41Spain
Lance Stroll£1,620,000Aston Martin24Canada1
Charles Leclerc£19,440,000Ferrari25Monaco5
Carlos Sainz Jr£9,720,000Ferrari28Spain2
Nico Hülkenberg£1,620,000Haas35Germany2
Kevin Magnussen£4,050,000Haas30Denmark2
Lando Norris£16,200,000McLaren23United Kingdom4
Oscar Piastri£1,620,000McLaren21Australia2
Lewis Hamilton£28,350,000Mercedes38United Kingdom2
George Russell£6,480,000Mercedes24United Kingdom1
Sergio Pérez£8,100,000Red Bull Racing32Mexico2
Max Verstappen£44,550,000Red Bull Racing25Netherlands3
Alexander Albon£2,430,000Williams26Thailand2
Logan Sargeant£810,000Williams22United States1