Formula 1 Driver & Team Salaries for 2024:
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:
| Driver | Salary | Team/Constructor | Age | Nationality | Contract Years |
|---|---|---|---|---|---|
| Valtteri Bottas | £8,100,000 | Alfa Romeo | 33 | Finland | 4 |
| Guanyu Zhou | £1,620,000 | Alfa Romeo | 23 | China | 1 |
| Nick De Vries | £1,620,000 | AlphaTauri | 27 | Netherlands | 1 |
| Yuki Tsunoda | £810,000 | AlphaTauri | 22 | Japan | 1 |
| Pierre Gasly | £4,050,000 | Alpine | 26 | France | 2 |
| Esteban Ocon | £4,860,000 | Alpine | 26 | France | 3 |
| Fernando Alonso | £4,050,000 | Aston Martin | 41 | Spain | |
| Lance Stroll | £1,620,000 | Aston Martin | 24 | Canada | 1 |
| Charles Leclerc | £19,440,000 | Ferrari | 25 | Monaco | 5 |
| Carlos Sainz Jr | £9,720,000 | Ferrari | 28 | Spain | 2 |
| Nico Hülkenberg | £1,620,000 | Haas | 35 | Germany | 2 |
| Kevin Magnussen | £4,050,000 | Haas | 30 | Denmark | 2 |
| Lando Norris | £16,200,000 | McLaren | 23 | United Kingdom | 4 |
| Oscar Piastri | £1,620,000 | McLaren | 21 | Australia | 2 |
| Lewis Hamilton | £28,350,000 | Mercedes | 38 | United Kingdom | 2 |
| George Russell | £6,480,000 | Mercedes | 24 | United Kingdom | 1 |
| Sergio Pérez | £8,100,000 | Red Bull Racing | 32 | Mexico | 2 |
| Max Verstappen | £44,550,000 | Red Bull Racing | 25 | Netherlands | 3 |
| Alexander Albon | £2,430,000 | Williams | 26 | Thailand | 2 |
| Logan Sargeant | £810,000 | Williams | 22 | United States | 1 |