The 2025 F1 driver salaries revealed – from Formula 1’s biggest names all the way down to rookies, how much money will each driver earn?
Formula 1 drivers are among the highest-paid athletes globally and the salaries for this year reflect their immense talent, marketability, and the financial stakes of the sport.
With the season set to kick off in just weeks, here is a detailed review of the salaries of all 20 drivers on the grid for the 2025 season.
2025 F1 driver salaries: Who Are the Highest-Paid?
Max Verstappen (Red Bull Racing) – $65 Million
Max Verstappen retains his position as the highest-paid driver in Formula 1, earning a staggering $65 million.
This figure reflects his status as a four-time world champion and the face of Red Bull Racing. His contract runs until 2028, and it includes performance bonuses that could elevate his total earnings even further, potentially exceeding $75 million when factoring in sponsorships from brands like Heineken and EA Sports.
Lewis Hamilton (Ferrari) – $60 Million
Following a blockbuster move from Mercedes to Ferrari, Lewis Hamilton’s salary has increased to $60 million, marking a $15 million raise from his previous contract.
The new deal not only positions him as one of the top earners but also aligns him with a team that is eager to reclaim its championship status.
Hamilton’s total income could reach around $100 million if bonuses and endorsements were included, reflecting his immense marketability and impact on the sport.
Charles Leclerc (Ferrari) – $34 Million
Charles Leclerc has seen a shift in his standing within Ferrari, now earning $34 million annually. This salary places him third among F1 drivers and reflects his importance to Ferrari’s future alongside Hamilton.
Leclerc’s contract extends through 2028, ensuring he remains a key figure in the team’s ambitions for championship success.
Veterans and Rising Stars
Fernando Alonso (Aston Martin) – $20 Million
The experienced Fernando Alonso continues to command respect and a hefty paycheck at Aston Martin, where he earns $20 million per year.
With aspirations for another championship run, Alonso’s experience is invaluable to the team as they seek to improve their standings in the constructors’ championship.
Lando Norris (McLaren) – $20 Million
Lando Norris has solidified his position at McLaren with a salary matching Alonso’s at $20 million. His performance on the track has made him a fan favorite, and both parties are keen on a long-term partnership that could see Norris evolve into a title contender in the coming years.
George Russell (Mercedes) – $15 Million
As Mercedes’ lead driver following Hamilton’s departure, George Russell earns $15 million this season.
The Brit’s contract runs through 2025 F1, and he is expected to lead the Silver Arrows back into championship contention following performance struggles in previous seasons.
Midfield Contenders
Carlos Sainz Jr. (Williams) – $10 Million
Carlos Sainz Jr. has made headlines with his move to Williams where he will earn $10 million annually until 2027. This deal marks a significant change for Sainz as he aims to bring his experience to help elevate Williams’ performance on the grid.
Pierre Gasly (Alpine) – $10 Million
Alpine’s Pierre Gasly also earns $10 million this season, reflecting his consistent performance and potential as a team leader within Alpine.
Alexander Albon (Williams) – $8 Million
Alexander Albon continues with Williams at an annual salary of $8 million, demonstrating his value as a reliable driver who can contribute significantly to the team’s efforts.
Nico Hülkenberg (Sauber/Audi) – $7 Million
Nico Hülkenberg earns $7 million at Sauber/Audi, where he plays a crucial role in guiding the team through its transition into Audi’s full factory operation.
Esteban Ocon (Haas) – $7 Million
Esteban Ocon joins Haas for 2025 F1 season with an identical salary of $7 million as he looks to bring stability and experience to the American outfit.
Oscar Piastri (McLaren) – $6 Million
McLaren’s young talent Oscar Piastri earns $6 million this season while continuing to prove himself as one of F1’s rising stars.
Lance Stroll (Aston Martin) – $3 Million
Lance Stroll remains at Aston Martin with an open-ended contract and a modest salary of $3 million compared to his teammate Alonso.
Yuki Tsunoda (Red Bull) – $2 Million
Yuki Tsunoda remains with Racing Bulls for the 2025 F1 season at a base salary of $2 million while continuing to develop under Verstappen’s shadow.
2025 F1 driver salaries: Rookies
Gabriel Bortoleto (Sauber/Audi) – $2 Million
Rookie Gabriel Bortoleto earns $2 million in his debut season with Sauber/Audi as he steps into F1 from junior categories.
Andrea Kimi Antonelli (Mercedes) – $2 Million
Mercedes’ new recruit Andrea Kimi Antonelli earns an identical amount in his rookie season as he partners George Russell.
Oliver Bearman (Haas) – $1 Million
Another rookie on the 2025 F1 grid, Oliver Bearman earns a base salary of just $1 million at Haas but has significant potential for growth.
Liam Lawson & Jack Doohan (Red Bull & Alpine) – Estimated Between $0.5-$1 Million
Both Liam Lawson and Jack Doohan are among the lowest-paid drivers on the grid, earning between $0.5-$1 million annually while serving as promising talents for their respective teams.
Isack Hadjar (Racing Bulls) – Estimated Between $0.5-$1 Million
Isack Hadjar rounds out the grid with similar earnings as Lawson and Doohan while looking to make an impact in his first full season in F1.
