Formula 1 driver salaries 2020 | FerrariChat

Formula 1 driver salaries 2020

Discussion in 'F1' started by william, Feb 25, 2020.

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  1. william

    william Two Time F1 World Champ
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    Jun 3, 2006
    25,447
    Formula 1 driver salaries 2020: What Lewis Hamilton and Sebastian Vettel get paid

    http://www.gptoday.com/full_story/view/710869/Formula_1_driver_salaries_2020/


    Lewis Hamilton is once again the best paid Formula 1 driver on the grid, still within his mega contract that was agreed until the conclusion of the 2020 campaign.

    The top three remains unchanged, with Hamilton being joined by Sebastian Vettel in second and Daniel Ricciardo in third, with the Australian joining Renault from Red Bull in a huge deal prior to last season.

    Max Verstappen and Charles Leclerc have both received significant increases, however.

    Lewis Hamilton, Mercedes - €48m
    Sebastian Vettel, Ferrari - €42m
    Daniel Ricciardo, Renault - €18m
    Max Verstappen, Red Bull - €16m
    Charles Leclerc, Ferrari - €9m
    Valtteri Bottas, Mercedes - €7.5m
    Kimi Raikkonen, Alfa Romeo - €4m
    Carlos Sainz, McLaren - €3.5m
    Sergio Perez, Racing Point - €3m
    Esteban Ocon, Renaullt - €1.5m
    Alexander Albon, Red Bull - €1.2m
    Lance Stroll, Racing Point - €1m
    Romain Grosjean, Haas - €1m
    Kevin Magnussen, Haas - €1m
    Pierre Gasly, Alpha Tauri - €400k
    Daniil Kvyat, Alpha Tauri - €275k
    Lando Norris, McLaren - €225k
    Antonio Giovinazzi, Alfa Romeo - €200k
    George Russell, Williams - €200k
    Nicholas Latifi, Williams - Undisclosed
     
    mdrums likes this.
  2. DF1

    DF1 Two Time F1 World Champ

    Charles is underpaid
     
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  3. Flavio_C

    Flavio_C Formula 3
    BANNED

    Sep 7, 2012
    2,445
    Insubria
    Stroll is overpaid ;)
     
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  4. RWatters

    RWatters Formula 3

    Feb 21, 2006
    1,075
    Kansas
    Lando is underpaid.
     
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  5. Casino Square

    Casino Square Formula 3
    Rossa Subscribed

    Apr 21, 2004
    1,718
    Hong Kong / USA
    Full Name:
    Andrew
    The difference between Hamster and Bottas is telling. No matter the talk of Bottas getting to terms with Hammy....the salary diff tells you how likely they think that of happening.
     
  6. GuyIncognito

    GuyIncognito Nine Time F1 World Champ
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    Jun 30, 2007
    91,699
    Stroll gets paid? or does that count as allowance?

    :D
     
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  7. william

    william Two Time F1 World Champ
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    Jun 3, 2006
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    It sounds crazy that Leclerc is paid less than a 1/4 of what Vettel receives.

    Also, the pay gap between Verstappen and Albon at Red Bull, or Sainz and Norris at McLaren don't seem justified.
     
  8. RWatters

    RWatters Formula 3

    Feb 21, 2006
    1,075
    Kansas
    Rookie contracts are generally pretty cheap. If both keep performing as well as they are I think they'll land more money soon.
     
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  9. RobertJRB

    RobertJRB Karting

    Feb 8, 2012
    235
    According to the Italian Motorsport magazine Max new salary is about 40 million euro a year.


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  10. slm

    slm F1 Rookie
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    Dec 5, 2004
    3,759
    Near Lambeau field
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    Steve M
    It's a way for daddy to get him some money with a tax break.
     
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  11. Texas Forever

    Texas Forever Seven Time F1 World Champ
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    Apr 28, 2003
    75,395
    Texas!
    Well, Oprah makes $200MM a year. I’m also guessing most of you couldn’t make a lap in a F1 car without crashing, so a million or so sounds cheep.


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  12. Jack-the-lad

    Jack-the-lad Six Time F1 World Champ
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    Jun 22, 2004
    69,051
    Moot Pointe
    Ric is overpaid.
     
  13. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

    Feb 21, 2015
    7,716
    Tropical
    Latifi Minus 50 Mio
     
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  14. SPEEDCORE

    SPEEDCORE Four Time F1 World Champ

    Jul 11, 2005
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    Toe Knee
    #14 SPEEDCORE, Feb 25, 2020
    Last edited: Feb 25, 2020
    These lists come from paddock rumours and "insiders" while they might be in the ball park they aren't very accurate.

    Lewis was apparently on €50m last year so he got a pay cut for winning another title ;)

    Here is Riccis contract, the insider said he was on US$27mill/year plus bonuses.



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  15. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    14,244
    Most on this forum probably couldn't even fit in an F1 car. Gotta be small frame/fit at a minimum.
     
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  16. ypsilon

    ypsilon F1 Rookie

    May 4, 2008
    2,518
    the Netherlands
    I think Stroll had to accept a reduction in his pocket money to a meager $ 1m. since daddy Stroll decided to fund his F1 career.
     
  17. TheMayor

    TheMayor Nine Time F1 World Champ
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    Feb 11, 2008
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    Vegas baby
    Some amazingly overpaid people on this list.
     
  18. ypsilon

    ypsilon F1 Rookie

    May 4, 2008
    2,518
    the Netherlands
    Nico Hulkenburg is 1,84 m/6 ft. so lenght might not be the problem for most, those beers and BBQ's however…...
     
  19. william

    william Two Time F1 World Champ
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    Jun 3, 2006
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    Compared to F1, I think most overpaid people are in other sports: football, soccer, basket ball, tennis, golf, etc ...
     
  20. freshmeat

    freshmeat F1 Veteran

    Aug 30, 2011
    7,257
    Seb is grossly overpaid.
     
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  21. Dilusha

    Dilusha Formula Junior

    Dec 10, 2016
    769
    Hasn't won a championship since 2013 and still gets paid 42 mil? I hope he gets his a** kicked by Charles even more this year. So he can finally get the f*** out of Ferrari.
     
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  22. LVP488

    LVP488 F1 Rookie

    Jan 21, 2017
    4,839
    France
    That pay is to have a former WDC accepting to drive a car that has no chance ;p
    (Kimi is not a great negociator so he gets far less for the same; on the other hand, Lewis does well since he gets even more for driving a car that helps him winning).
     
  23. 09Scuderia

    09Scuderia Formula 3

    Nov 20, 2011
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    Max
    does this include or exclude their personal sponsor deals? Wasnt FA the highest overall earner for years because of all his sponsor deals?
     
  24. jcurry

    jcurry Two Time F1 World Champ
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    Jan 16, 2012
    21,376
    In the past
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  25. DF1

    DF1 Two Time F1 World Champ

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