Highest paid f1 drivers 2021

The value of Lewis Hamilton&#;s next contract with Mercedes &#; and whether he would keep his place on top of the F1 drivers&#; salary list &#; was a matter of speculation throughout last season.

Early in the season it became clear Hamilton was on course to score a record-equalling seventh Formula 1 championship victory, which would further promote his already sky-high market value. Although Hamilton played down the importance of his salaryin discussions over his new deal, reports claimed F1&#;s highest-earning driver was seeking a further pay rise.

Hamilton was thought to be on around $40 million (£m) per year under his previous deal &#; well over $2 million per race last year when the pandemic shortened the schedule from 22 races to Reports elsewhere he was seeking as much as $50 million for prompted a dismissive response from Hamilton on social media.

Hamilton&#;s new deal was finally announced in February, having been held up as first he and then Mercedes CEO Toto Wolff contracted Covid Given the limited time left to agree a deal, he only agreed a one-year extension, and RaceFa

Lewis had highest salary in , Fernando next, Max third

Lewis Hamilton received the highest salary of all Formula 1 drivers in , banking a hip $million with fellow veteran Fernando Alonso the next best-paid driver on last year&#;s grid and title rival Max Verstappen third.

Seven-time F1 World Champion, Hamilton was runner-up in last year&#;s championship has for the past several years been the highest earner in motorsport, and among the top ten of all athletes in all sports around the globe.

The year-old Briton has a two year deal with Mercedes that runs until the end of , said to be worth a further $million, before incentive bonuses and personal endorsements kick in.

Alonso inked a lucrative deal for his comeback with Alpine, despite the two-year lay-off the French team dug deep to pay him $million for his repay to lead the team in and beyond.

Reigning F1 World Champion Verstappen banked a basic salary of $million according to the Statista report, giving him third on the salary list.

However, it is estimated that the Dutchman&#;s earnings could more than double his reta

10 Highest-Paid Formula 1 Drivers []

Red Bull's Max Verstappen tops the list of the highest-paid drivers on the Formula 1 grid, with seven of the 10 teams being represented in the top 10 drivers based on yearly salary. The Dutchman, winner of the last four F1 Drivers' Championships, has earned the title of highest-paid driver in the paddock after becoming the sport's standout performer in the last few years.

The salary valuesare as reported by Forbes and include bonuses, although no sponsorships are considered. Here are the top 10 highest-paid drivers for the recently concluded Formula 1 season, starting with a talented Frenchman.

10 highest-paid F1 drivers ()

Position

Driver

Team

Salary

Bonus

Total earnings

Pierre Gasly

Alpine

$10 million

$2 million

$12 million

9.

Carlos Sainz Jr.

Ferrari

$10 million

$9 million

$19 million

8.

Sergio Perez

Red Bull

$12 million

$ million

$ million

7.

Oscar Piastri

McLaren

$5 million

$17 million

$22 million

6.

George

Who is the highest-paid Formula One driver? Verstappen, Hamilton lead list

The Formula 1 season is nearly at the halfway mark following a close finish in the Spanish Grand Prix. Max Verstappen earned another win over Lando Norris with Lewis Hamilton rounding out the podium.

That was Hamilton's first podium of the season in what will be his terminal year with Mercedes, where he's raced since He announced a shock proceed to Ferrari next season prior to the first race of for what's reported to be $ million per year combined from salary, sponsorships, bonuses, and image rights. That's a big jump from his current salary as one of the highest-paid drivers in Formula 1.

Since , Formula 1 teams have operated with a cost cap to lower spending discrepancies between larger and smaller teams. The cost cap is verb at $ million and will remain at that mark next year. Driver salaries are one of the items not included in the yearly charge cap, allowing teams to spend as much as they'd like to signal and retain top talent.

Here's what to know about Formula 1 driver salaries with information from Spotrac