Lewis Hamilton tops earnings of Formula 1 drivers

Top Formula 1 drivers
Top Formula 1 drivers

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.

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