• 20. Yuki Tsunoda (Alpha Tauri) earns $750,000 a year, according to spotrac, making him the lowest paid F1 driver in 2022. AFP
    20. Yuki Tsunoda (Alpha Tauri) earns $750,000 a year, according to spotrac, making him the lowest paid F1 driver in 2022. AFP
  • 17= Guanyu Zhou (Alfa Romeo) $1,000,000. AFP
    17= Guanyu Zhou (Alfa Romeo) $1,000,000. AFP
  • 17= Mick Schumacher (Haas) $1,000,000. Reuters
    17= Mick Schumacher (Haas) $1,000,000. Reuters
  • 17= Nicholas Latifi (Williams) $1,000,000. EPA
    17= Nicholas Latifi (Williams) $1,000,000. EPA
  • 16. Alexander Albon (Williams) $2,000,000. Reuters
    16. Alexander Albon (Williams) $2,000,000. Reuters
  • 13= George Russell (Mercedes) $5,000,000. PA
    13= George Russell (Mercedes) $5,000,000. PA
  • 13= Esteban Ocon (Alpine) $5,000,000. AFP
    13= Esteban Ocon (Alpine) $5,000,000. AFP
  • 13= Pierre Gasly (Alpha Tauri) $5,000,000. Getty
    13= Pierre Gasly (Alpha Tauri) $5,000,000. Getty
  • 12. Kevin Magnussen (Haas) $6,000,000. EPA
    12. Kevin Magnussen (Haas) $6,000,000. EPA
  • 11. Sergio Perez (Red Bull) $8,000,000. Getty
    11. Sergio Perez (Red Bull) $8,000,000. Getty
  • 8= Lance Stroll (Aston Martin) $10,000,000. AFP
    8= Lance Stroll (Aston Martin) $10,000,000. AFP
  • 8= Carlos Sainz (Ferrari) $10,000,000. AFP
    8= Carlos Sainz (Ferrari) $10,000,000. AFP
  • 8= Valtteri Bottas (Alfa Romeo) $10,000,000. Getty
    8= Valtteri Bottas (Alfa Romeo) $10,000,000. Getty
  • 7. Charles Leclerc (Ferrari) $12,000,000. Reuters
    7. Charles Leclerc (Ferrari) $12,000,000. Reuters
  • 5= Sebastian Vettel (Aston Martin) $15,000,000. AFP
    5= Sebastian Vettel (Aston Martin) $15,000,000. AFP
  • 5= Daniel Ricciardo (McLaren) $15,000,000. Reuters
    5= Daniel Ricciardo (McLaren) $15,000,000. Reuters
  • 3= Lando Norris (McLaren) $20,000,000. Getty
    3= Lando Norris (McLaren) $20,000,000. Getty
  • 3= Fernando Alonso (Alpine), $20,000,000. Getty
    3= Fernando Alonso (Alpine), $20,000,000. Getty
  • 2. Max Verstappen (Red Bull) $25,000,000. AFP
    2. Max Verstappen (Red Bull) $25,000,000. AFP
  • 1. Seven-time champion Lewis Hamilton (Mercedes) is the top paid F1 driver in 2022, according to sportrac.com, with a salary of $40,000,000. PA
    1. Seven-time champion Lewis Hamilton (Mercedes) is the top paid F1 driver in 2022, according to sportrac.com, with a salary of $40,000,000. PA

F1 salaries: who are the highest paid drivers in 2022?


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As we enter the second half of the 2022 Formula One championship, reigning world champion Max Verstappen holds a sizeable lead over his rivals

Lewis Hamilton and teammate George Russell have struggled with reliability issues as Mercedes grappled with the radical new design regulations brought in this term to produce closer racing.

But one area where Hamilton does lead his Red Bull rivalry is the salary race.

Above is a photo gallery of the drivers in Formula One and their annual salaries for the 2022 F1 season, according to spotrac, an online sports team and player contract website.

To move on to the next image, click on the arrows, or if you're using a mobile device, simply swipe.

Who is Formula One's highest paid driver?

Lewis Hamilton is by far the best-paid driver in Formula One, with the Mercedes star earning an annual salary of $40 million, according to spotrac.com, a reward for his seven world championships.

The 20 F1 drivers and their salaries

1. Lewis Hamilton (Mercedes) $40,000,000

2. Max Verstappen (Red Bull) $25,000,000

3= Fernando Alonso (Alpine), $20,000,000

3= Lando Norris (McLaren) $20,000,000

5= Daniel Ricciardo (McLaren) $15,000,000

5=. Sebastian Vettel (Aston Martin) $15,000,000

7. Charles Leclerc (Ferrari) $12,000,000

8= Valtteri Bottas (Alfa Romeo) $10,000,000

8= Carlos Sainz (Ferrari) $10,000,000

8= Lance Stroll (Aston Martin) $10,000,000

11. Sergio Perez (Red Bull) $8,000,000

12. Kevin Magnussen (Haas) $6,000,000

13= Pierre Gasly (Alpha Tauri) $5,000,000

13= Esteban Ocon (Alpine) $5,000,000

13= George Russell (Mercedes) $5,000,000

16. Alexander Albon (Williams) $2,000,000

17= Nicholas Latifi (Williams) $1,000,000

17= Mick Schumacher (Haas) $1,000,000

17= Guanyu Zhou (Alfa Romeo) $1,000,000

20. Yuki Tsunoda (Alpha Tauri) $750,000

Sustainable Development Goals

1. End poverty in all its forms everywhere

2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture

3. Ensure healthy lives and promote well-being for all at all ages

4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

5. Achieve gender equality and empower all women and girls

6. Ensure availability and sustainable management of water and sanitation for all

7. Ensure access to affordable, reliable, sustainable and modern energy for all

8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

9. Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation

10. Reduce inequality  within and among countries

11. Make cities and human settlements inclusive, safe, resilient and sustainable

12. Ensure sustainable consumption and production patterns

13. Take urgent action to combat climate change and its effects

14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development

15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

17. Strengthen the means of implementation and revitalise the global partnership for sustainable development

Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
  • Stay invested: Time in the market, not timing the market, is critical to long-term gains.
  • Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
  • Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
 
 
Updated: September 15, 2022, 1:08 PM