The sport’s biggest names are often dressed head-to-toe in expensive designer clothing and drive the best cars on and off the track.
And they earn the big bucks to match – well some of them.
Lewis Hamilton is unsurprisingly on pole when it comes to the pay packets for the 20 drivers.
His salary stands at a staggering £40million per year after signing a new deal until the end of the 2020 season in July of last year – making him Britain’s highest-paid sportsman.
His closest rival – both on the track and in terms of salary – is Sebastian Vettel.
Full Formula One drivers’ salaries
1. Lewis Hamilton (Mercedes) £40,000,000
2. Sebastian Vettel (Ferrari) £30,500,000
3. Daniel Ricciardo (Renault) £26,500,000
4. Max Verstappen (Red Bull) £10,000,000
5. Valtteri Bottas (Mercedes) £6,500,000
6. Kimi Raikkonen (Alfa Romeo) £3,500,000
7. Nico Hulkenberg (Renault) £3,500,000
8. Carlos Sainz (McLaren) £3,000,000
9. Charles Leclerc (Ferrari) £2,500,000
10. Sergio Perez (Racing Point) £2,500,000
11. Romain Grosjean (Haas) £1,400,000
12. Pierre Gasly (Red Bull) £1,000,000
13. Lance Stroll (Racing Point) £900,000
14. Kevin Magnussen (Haas) £900,000
15. Robert Kubica (Williams) £430,000
16. Daniil Kvyat (Toro Rosso) £230,000
17. Lando Norris (McLaren) £200,000
18. Antonio Giovinazzi (Alfa Romeo) £175,000
19. George Russell (Williams) £140,000
20. Alexander Albon (Toro Rosso) £130,000
But the German is well off the pace, almost £10m behind the British five-time champion.
Daniel Ricciardo, who has joined Renault from Red Bull for the upcoming season, completes the podium in third.
The Australian’s new two-year contract with the French side will see him pocket a tasty £26.5m.
And the front three are well ahead of the chasing pack.
Ricciardo’s former team-mate Max Verstappen is the best of the rest, raking in £10m – not bad for a 21 year old.
But despite the millions for the sport’s biggest stars, the lesser-known drivers take home a fraction of what their rivals do.
Toro Rosso’s Alexander Albon is the lowest-paid F1 racer, earning £130,000 per year while George Russell is paid just £10,000 more by Williams.
It means top dog Hamilton earns 307 times more than Albon, highlighting the huge – frankly startling – gulf between the sport’s elite and the rest.