The richest Formulation 1 drivers of 2024: the rankings

Formulation 1 drivers are among the many highest-paid athletes on this planet, typically reaching staggering figures. Forbes has compiled a prime 10 rating of F1 driver salaries to establish the wealthiest or, not less than, the best-paid drivers of the 2024 season. This rating considers each base salaries and bonuses earned.

Whereas the information isn’t 100% official, Forbes is a dependable supply, making this rating indicator of the particular earnings of F1 drivers in 2024.

Along with salaries, drivers obtain bonuses all year long as stipulated of their contracts. These bonuses could be for numerous causes. For instance, in 2023, Max Verstappen—on prime of his $45 million base wage—achieved all of the objectives required to unlock the $25 million in bonuses outlined in his contract, bringing his whole to $70 million. Moreover, drivers additionally earn from sponsorship offers.

At the moment, the highest 10 listing consists of drivers from the 4 prime groups—Crimson Bull, Ferrari, McLaren, and Mercedes—together with one driver from Alpine and one from Aston Martin.

The Richest F1 Drivers of 2024
In accordance with Forbes, Max Verstappen ranks first. The four-time world champion earned $75 million in wage, together with $15 million in bonuses. His base wage was roughly $60 million. Max Verstappen achieved this determine because of his 9 victories in the course of the 2024 season.

In second place is Lewis Hamilton, who earned $57 million over the season. In his closing season with Mercedes, Lewis Hamilton acquired $2 million in contractual bonuses.

Finishing the rostrum is Lando Norris in third place. His earnings totaled $35 million, with $23 million coming from bonuses. The British driver efficiently structured his contract to safe numerous further rewards, considerably boosting his base wage.

Fernando Alonso is in fourth place. The 2-time world champion earned $27.5 million from Aston Martin.

In fifth place is Charles Leclerc, who earned $27 million from Scuderia Ferrari. He maximized the bonuses in his contract, including $12 million to his base wage. Had Ferrari received the Constructors’ Championship, his earnings would possible have been greater.

The Remaining 5 on the Listing
In sixth place is George Russell. The British driver earned $23 million from Mercedes, ending the season barely forward of Lewis Hamilton within the Drivers’ Championship—sixth place with 245 factors versus Lewis Hamilton’s seventh-place 223 factors.

Oscar Piastri ranks seventh with earnings of $22 million. Of this, $17 million got here from bonuses throughout a superb season through which the Australian claimed his first F1 victory.

In eighth place, Sergio Perez earned $19.5 million from Crimson Bull, together with $7 million in bonuses.

Ninth place goes to Carlos Sainz in his closing season with Scuderia Ferrari. Fifth within the Drivers’ Championship, he earned $19 million.

Rounding out the listing is Pierre Gasly. His 42 factors in the course of the season mirror the stable outcomes achieved by the Frenchman in a difficult Alpine automotive. He additionally completed tenth within the Drivers’ Championship, incomes a wage of $12 million.

Jan 6, 2025David Carter

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