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F1 Driver Salaries For The 2021 Season Revealed

F1 Driver Salaries For The 2021 Season Revealed

By Garry Lu

15 February 2021 · 2 min read

While admittedly being far more money than most of us will ever experience, F1 driver salaries as a whole have apparently taken a hit in 2021 (probably due to the ongoing pandemic). At least according to data published by Spotrac.

-time world champion Sir Lewis Hamilton has - unsurprisingly - topped the list once again, this time by an even larger margin than in previous years. For reference, the 2020 season saw the Mercedes-AMG Petronas talent take home around US$80 million, followed by four-time world champion Sebastian Vettel in second place with just a touch under US$70 million when he was still with Ferrari.

The 2021 season, however, will pay Hamilton more than double his closest competition - Fernando Alonso who has signed on to return with the recently rebranded Alpine F1 team (formerly Renault) for US$20 million. Not a bad effort, considering the former may be retiring from Formula 1 altogether next year, reportedly opting to negotiate a 10-month contract extension with Team Principal Toto Wolff as opposed to the 2/3 year deal everyone was expecting.

Here are the F1 driver salaries for 2021.

  1. Lewis Hamilton – US$55,000,000
    Mercedes
  2. Fernando Alonso – US$20,000,000
    Alpine
  3. Max Verstappen – US$20,000,000
    Red Bull
  4. Sebastian Vettel – US$17,000,000
    Aston Martin
  5. Daniel Ricciardo – US$17,000,000
    McLaren
  6. Valtteri Bottas – US$11,000,000
    Mercedes
  7. Charles Leclerc – US$11,000,000
    Ferrari
  8. Kimi Raikkonen - US$7,525,000
    Alfa Romeo
  9. Carlos Sainz – US$6,840,000
    Ferrari
  10. Esteban Ocon – US$4,650,000
    Alpine
  11. Sergio Perez – US$3,420,000
    Red Bull
  12. Lance Stroll - US$1,915,000
    Aston Martin
  13. Pierre Gasly - US$1,915,000
    AlphaTauri
  14. Lando Norris - US$1,915,000
    McLaren
  15. George Russell - US$958,000
    Williams
  16. Nicholas Latifi - US$958,000
    Williams
  17. Antonio Giovinazzi - US$684,000
    Alfa Romeo
  18. Yuki Tsunoda - Unknown
    AlphaTauri
  19. Mick Schumacher - Unknown
    Haas
  20. Nikita Mazepin - Unknown
    Haas

Source: Spotrac

See how these compared to the F1 driver salaries of 2020.

Related: Here’s What You Get Paid At Big Four Accounting Firms

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