Formula 1 Driver Salaries: How much do F1 drivers reportedly earn?

Formula 1 is one of the world's most exclusive sports, with only 20 places up for grabs on the grid.

It is also an incredibly dangerous sport to participate in, as despite the various safety measures brought in over the years, ultimately the 20 drivers are vying for position around tight circuits at an average speed of 200mph.

Those that reach the pinnacle of motorsports are therefore handsomely rewarded for it with bumper contracts.

Take a look at the full rundown of the salaries of current F1 drivers, as reported by the Radio Times.

Who is the highest paid F1 driver?

Max Verstappen is the highest paid F1 driver in the 2025 season, on a salary of $65 million.

Following four consecutive world titles with Red Bull, the Dutchman is undoubtably deserved of this contract, although rumours of his unhappiness at the Austrian team may prompt Mercedes or Aston Martin to offer an even higher sum.

Who is the lowest paid F1 driver?

The lowest paid drivers in F1 are Isack Hadjar of Racing Bulls and Jack Doohan, formerly of Alpine.

Jack Doohan was removed from his seat and replaced by reserve driver Franco Colapinto following the Miami Grand Prix, so it is possible that his salary has been reduced as he is now the team's back-up option.

Colapinto could also be on less money than the two aforementioned drivers as his contract hasn't been changed since his promotion, he may still be on reserve driver pay. However, nothing has been released or confirmed by his team or F1 insiders.

Full List of F1 Driver Salaries

Driver	Team	Reported Salary
Max Verstappen	Red Bull	$65 million
Lewis Hamilton	Ferrari	$60 million
Charles Leclerc	Ferrari	$34 million
Lando Norris	McLaren	$20 million
Fernando Alonso	Aston Martin	$20 million
George Russell	Mercedes	$15 million
Carlos Sainz	Williams	$10 million
Pierre Gasly	Alpine	$10 million
Alex Albon	Williams	$8 million
Esteban Ocon	Haas	$7 million
Nico Hulkenberg	Sauber/Audi	$7 million
Oscar Piastri	McLaren	$6 million
Lance Stroll	Aston Martin	$3 million
Gabriel Bortoleto	Sauber/Audi	$2 million
Yuki Tsunoda	Red Bull	$2 million
Kimi Antonelli	Mercedes	$2 million
Oliver Bearman	Haas	$1 million
Liam Lawson	Racing Bulls	$1 million
Jack Doohan	Alpine (Removed after the Miami GP)	$500,000
Isack Hadjar	Racing Bulls	$500,000
Franco Colapinto	Alpine	Unconfirmed