• Race winner and world champion Max Verstappen of Red Bull celebrates on the podium after his victory in the Abu Dhabi Grand Prix at Yas Marina Circuit on November 26, 2023. Getty Images
    Race winner and world champion Max Verstappen of Red Bull celebrates on the podium after his victory in the Abu Dhabi Grand Prix at Yas Marina Circuit on November 26, 2023. Getty Images
  • Race winner Max Verstappen with his Red Bull team after the race. Getty Images
    Race winner Max Verstappen with his Red Bull team after the race. Getty Images
  • Fireworks explode after Max Verstappen wins the Abu Dhabi Grand Prix. UAE Presidential Court
    Fireworks explode after Max Verstappen wins the Abu Dhabi Grand Prix. UAE Presidential Court
  • Red Bull's Dutch driver Max Verstappen celebrates his victory. AFP
    Red Bull's Dutch driver Max Verstappen celebrates his victory. AFP
  • Rd Bull's Max Verstappen crosses the finish line to win the Abu Dhabi Grand Prix. EPA
    Rd Bull's Max Verstappen crosses the finish line to win the Abu Dhabi Grand Prix. EPA
  • Red Bull's Max Verstappen takes the chequered flag to win the Abu Dhabi Grand Prix. Getty Images
    Red Bull's Max Verstappen takes the chequered flag to win the Abu Dhabi Grand Prix. Getty Images
  • Red Bull's Dutch driver Max Verstappen celebrates on the podium with second place Charles Leclerc, left, of Ferrari and Mercedes' George Russell who was third. AFP
    Red Bull's Dutch driver Max Verstappen celebrates on the podium with second place Charles Leclerc, left, of Ferrari and Mercedes' George Russell who was third. AFP
  • Max Verstappen performs donuts after winning. EPA
    Max Verstappen performs donuts after winning. EPA
  • Red Bull driver Max Verstappen after the race. AP
    Red Bull driver Max Verstappen after the race. AP
  • Max Verstappen of Red Bull Racing celebrates after winning the race. EPA
    Max Verstappen of Red Bull Racing celebrates after winning the race. EPA
  • Winner Max Verstappen shakes hands with second-placed Charles Leclerc of Ferrari. Reuters
    Winner Max Verstappen shakes hands with second-placed Charles Leclerc of Ferrari. Reuters
  • Red Bull's Max Verstappen celebrates winning the Abu Dhabi Grand Prix. AFP
    Red Bull's Max Verstappen celebrates winning the Abu Dhabi Grand Prix. AFP
  • Charles Leclerc of Ferrari during the race. Getty Images
    Charles Leclerc of Ferrari during the race. Getty Images
  • Mercedes' Lewis Hamilton during the race. AFP
    Mercedes' Lewis Hamilton during the race. AFP
  • The Al Fursan aerobatic team and an Etihad plane perform a flyover prior to the race at Yas Marina Circuit. UAE Presidential Court
    The Al Fursan aerobatic team and an Etihad plane perform a flyover prior to the race at Yas Marina Circuit. UAE Presidential Court

F1 salaries: Who are the highest-paid drivers of 2024?


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The 2024 Formula One season is nearly upon us and it is set to be an epic campaign in more ways than one.

With 24 races in the calendar, this is going to be the longest season in F1 history. And it begins in Bahrain on Saturday, with the finale in Abu Dhabi in December.

As has been the case over the past few seasons, the main talking point this time will also be whether anyone can challenge the supremacy of Red Bull and triple world champion Max Verstappen.

Red Bull dominated last year, winning 21 of the 22 races, Verstappen clinching 19 of them. And the chances of them continuing their dominance are high after encouraging pre-season testing and stable, unchanged regulations.

The only cause for concern will be off the track, with long-serving team boss Christian Horner facing allegations by an employee about his conduct and awaiting news of his future at the team.

There were big developments further down the grid, with seven-time champion Lewis Hamilton going into his last season with Mercedes ahead of joining Ferrari next year. The 39-year-old hopes Ferrari will provide him with a competitive car, something that Mercedes have been unable to do for the past two years.

There are a few other changes as well. China returns to the F1 roster for the first time since 2019, while Italy's iconic Imola track is back after last year's race was cancelled due to flooding.

Surprisingly, there are no rookie drivers and no changes to line-ups since the season finale in Abu Dhabi last year.

What has also not changed is the incredible salaries of the top drivers. F1 is an extremely expensive sport with budgets of top teams running into hundreds of millions of dollars, and the financial returns for winning equally substantial. Only the best make the cut in the ultra-competitive, technology heavy world of F1 and the best drivers get paid accordingly.

Below is the list of the highest-paid drivers on the grid for 2024, according to spotrac.com and racingnews365.com.

F1 driver salaries for 2024

1. Max Verstappen (Red Bull): $55 million

2. Lewis Hamilton (Mercedes): $45 million

3. Charles Leclerc (Ferrari): $34 million

4. Lando Norris (McLaren): $20 million

5. George Russell (Mercedes): $18 million

=5. Fernando Alonso (Aston Martin): $18 million

7. Sergio Perez (Red Bull): $14 million

8. Carlos Sainz (Ferrari): $12 million

9. Valtteri Bottas (Kick Sauber): $10 million

10. Daniel Ricciardo (Visa Cash App RB): $7 million

11. Esteban Ocon (Alpine): $6 million

=11. Pierre Gasly (Alpine): $6 million

=11. Oscar Piastri (McLaren): $6 million

14. Kevin Magnussen (Haas): $5 million

15. Alex Albon (Williams): $3 million

=15. Lance Stroll (Aston Martin): $3 million

17. Nico Hulkenberg (Haas): $2 million

=17. Guanyu Zhou (Kick Sauber): $2 million

19. Yuki Tsunoda (Visa Cash App RB): $1 million

=19. Logan Sargeant (Williams): $1 million

  • Entrepreneur Elon Musk at the pit lane during the United States GP in Austin, Texas, on Sunday, October 22, 2023. AFP
    Entrepreneur Elon Musk at the pit lane during the United States GP in Austin, Texas, on Sunday, October 22, 2023. AFP
  • Red Bull team principal Christian Horner with Prince Harry at Circuit of The Americas in Austin, Texas. AFP
    Red Bull team principal Christian Horner with Prince Harry at Circuit of The Americas in Austin, Texas. AFP
  • SpaceX, Tesla and platform X boss Elon Musk in Austin, Texas. AFP
    SpaceX, Tesla and platform X boss Elon Musk in Austin, Texas. AFP
  • Prince Harry with Red Bull team principal Christian Horner. Reuters
    Prince Harry with Red Bull team principal Christian Horner. Reuters
  • Sir Jackie Stewart with Rory McIlroy on the grid during the United States GP. AFP
    Sir Jackie Stewart with Rory McIlroy on the grid during the United States GP. AFP
  • Heavyweight boxer Anthony Joshua during the United States GP in Austin, Texas. AFP
    Heavyweight boxer Anthony Joshua during the United States GP in Austin, Texas. AFP
  • Patrick Dempsey with Red Bull team principal Christian Horner and Geri Halliwell. AFP
    Patrick Dempsey with Red Bull team principal Christian Horner and Geri Halliwell. AFP
  • Actor Cole Hauser in Austin, Texas. AFP
    Actor Cole Hauser in Austin, Texas. AFP
  • British boxer Anthony Joshua walks on the grid. AFP
    British boxer Anthony Joshua walks on the grid. AFP
  • Astronaut Reid Wiseman during the US GP. AFP
    Astronaut Reid Wiseman during the US GP. AFP
  • Sprint star Sha'Carri Richardson and Joe Jonas at the US Grand Prix. AFP
    Sprint star Sha'Carri Richardson and Joe Jonas at the US Grand Prix. AFP
  • British runner Dina Asher-Smith at the Red Bull garage. AFP
    British runner Dina Asher-Smith at the Red Bull garage. AFP
Countries offering golden visas

UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.

Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.

Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.

Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.

Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence. 

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Uefa Nations League

League A:
Germany, Portugal, Belgium, Spain, France, England, Switzerland, Italy, Poland, Iceland, Croatia, Netherlands

League B:
Austria, Wales, Russia, Slovakia, Sweden, Ukraine, Republic of Ireland, Bosnia-Herzegovina, Northern Ireland, Denmark, Czech Republic, Turkey

League C:
Hungary, Romania, Scotland, Slovenia, Greece, Serbia, Albania, Norway, Montenegro, Israel, Bulgaria, Finland, Cyprus, Estonia, Lithuania

League D:
Azerbaijan, Macedonia, Belarus, Georgia, Armenia, Latvia, Faroe Islands, Luxembourg, Kazakhstan, Moldova, Liechtenstein, Malta, Andorra, Kosovo, San Marino, Gibraltar

MATCH INFO

Uefa Champions League semi-final, first leg

Barcelona v Liverpool, Wednesday, 11pm (UAE).

Second leg

Liverpool v Barcelona, Tuesday, May 7, 11pm

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Updated: February 27, 2024, 7:37 AM