Formula One Drivers Salaries 2022: Know How Much Your Favorite Is Getting Paid

Formula One is a multi-million dollar sport where a boatload of money is at stake each season. Professional racing drivers are the ones who put their lives on the line to make their racing team win. Each race is a crucial test for these drivers as they are supposed to prove their worth and justify the high salaries that they receive. The Drivers give their everything to get hold of their team\’s pricey cars and race them on the track in order to secure a win.

There is no shock that star drivers like seven-time-world champ Lewis Hamilton and current world champ Max Verstappen are the highest-paid drivers in the Formula One world. So, how much salaries are the top-ranked drivers drawing in 2022? Keep reading ahead to find out.

1. Lewis Hamilton For Mercedes

Sir Lewis Hamilton started his F1 career at McLaren, where he stayed from 2007 to 2012. Hamilton made a move to Mercedes in 2013 and has been there ever since. The 37-year-old British racing driver has won a record seven world championship titles for Formula One. And Mercedes is paying Lewis Hamilton a hefty sum of $40 million this season.

2. Max Verstappen For Red Bull

The 24-year-old Verstappen is a Belgian Dutch racing driver who competes for Red Bull. He won the World Champ\’s title in 2021. He debuted in Formula One for the Scuderia Toro Rosso and stayed there from 2014 to 2016. After that, Max moved to Red Bull in 2016 and currently races for the energy drink brand. And Red Bull is paying Verstappen a hefty sum of $35 million this year.

3. Lando Norris For McLearn

The 22-year old British racing driver signed up for McLaren as a junior driver in 2017. Norris drove for McLaren in a Formula One championship for the first time in 2019. He finished in the 6th position during the 2021 championship. And Norris will be paid $ 20 million for driving McLearn\’s latest car, MCL36, in the 2022 championship.

4. Fernando Alonso For Alpine

Alonso is a Spanish racing driver who has been on the formula one circuit for a long time now. Fernando has driven for Renault, McLaren, Ferrari, and Alpine in his long career. He also has two world championship titles under his belt. The forty-year-old has been with Alpine since 2021, which is paying him $20 million this year.

5. Sebastian Vettel For Aston Martin

Vettel is a German racing driver who has won four championship titles in his Formula One career. The 34-year old began his F1 career with BMW Sauber in 2006. After spending a year at BMW, Sebastian moved to Toro Rosso in 2007. Later, Vettel raced for Red Bull and Ferrari before moving to Aston Martin in 2021. And Sebastian\’s salary in 2022 as an Aston Martin driver is $15 million.

6. Daniel Ricciardo For McLearn

Ricciardo is an Italian-Australian racing driver who made his Grand Prix debut in 2011 for HRT. Next, he raced for Scuderia Toto Rosso in 2012. Daniel has also represented Red Bull and Renault before joining McLearn in 2021. And Mclaren will pay Ricciardo $15 million for racing during the 2022 championship.

7. Charles Leclerc For Ferrari

Leclerc is a Monegasque Formula One racing driver who was born in 1997. Charles Leclerc holds the top spot in the F1 2022 drivers\’ standings. He joined Ferrari as a development driver for the Haas F1 team. And after racing for Sauber in 2018, Ferrari hired him as their top-tier driver. Ferrari will pay Leclerc $12 million this season.

8. Carlos Sainz Jr. For Ferrari

Carlos Sainz is a Spanish racing driver and Leclerc\’s teammate at Ferrari. The 27-year-old joined Scuderia Ferrari for a two-year contract in 2021 and replaced Sebastian Vettel. The Spaniard will be paid $10 million for his final stint as a Ferrari driver this year. He will be replaced by Lewis Hamilton next season.

9. Valtteri Bottas For Alfa Romeo

Bottas is a Finnish racing driver who made his F1 debut for Williams in 2013.The 32-year old represented Mercedes from 2017-21. Bottas then moved to Alfa Romeo after being replaced by George Russell at Mercedes. And he will be paid $ 10 million by Alfa Romeo in a multi-year deal.

10. Lance Stroll for Aston Martin

The 23-year-old Canadian racing driver had his Formula One debut for Williams in 2017. Stroll joined Aston Martin in 2021. And he is being paid $8 million by Aston martin for competing in 2022 Formula One season.

The above mentioned are the top ten highest-paid F1 racers globally, who have proved their worth time and against for the top racing teams. The numbers seem to add up each year as the competition becomes tougher to deliver consistent victories.