
2021 Formula 1 drivers salary – Latest Update: Seven-time world champion Sir Lewis Hamilton is the highest salary earning F1 driver for the 2021 World Championship. According to Forbes, the Brit is also positioned 8th in the world’s highest-paid athletes list of 2020-2021.
Mid of 2020 season, the Mercedes ace Lewis, who earned an estimated $40m per season at Mercedes, expressed that he doesn’t feel pleased negotiating a “big deal” while so many people were losing their jobs after the pandemic situation.
Red Bull Racing’s Dutch young F1 star Max Verstappen reportedly set to earn a $25m ahead of double world champion Fernando Alonso, who make come-back to F1 with the Alpine F1 racing team. The Spaniard has been getting $20m for the 2021 season ahead of McLaren’s Daniel Ricciardo and four-time world champion Sebastian Vettel.
After the end of the Ferrari era, the German started the season with Aston Martin-Mercedes with $15m for a season. According to media, with a far lower pay rating, the four-time world champion earned €42 million last year; the figure is set to drop to $15 million.
Antonio Giovinazzi, Mick Schumacher, Nikita Mazepin, Nicholas Latifi, George Russell, and Yuki Tsunoda are getting only $1m or below million for the season, the lowest-paid on 2021 F1 grid.
F1 driver salaries for 2021
Team | Drivers
| Salary |
Mercedes | Lewis Hamilton | $30m (£21.9m) |
Red Bull | Max Verstappen | $25m (£18.25m) |
Alpine (Renault) | Fernando Alonso | $20m (£14.6m) |
McLaren | Daniel Ricciardo | $15m (£10.95m) |
Aston Martin | Sebastian Vettel | $15m (£10.95m) |
Ferrari | Charles Leclerc | $12m (£8.76m) |
Mercedes | Valtteri Bottas | $10m (£7.3m) |
Aston Martin | Lance Stroll | $10m (£7.3m) |
Ferrari | Carlos Sainz | $10m (£7.3m) |
Alfa Romeo | Kimi Räikkönen | $10m (£7.3m) |
Red Bull | Sergio Perez | $8m (£5.84m) |
McLaren | Lando Norris | $5m (£3.65m) |
Alpine (Renault) | Esteban Ocon | $5m (£3.65m) |
AlphaTauri | Pierre Gasly | $5m (£3.65m) |
Alfa Romeo | Antonio Giovinazzi | $1m (£0.73m) |
Haas | Mick Schumacher | $1m (£0.73m) |
Williams | George Russell | $1m (£0.73m) |
Williams | Nicholas Latifi | $1m (£0.73m) |
Haas | Nikita Mazepin | $1m (£0.73m) |
AlphaTauri | Yuki Tsunoda | $0.5m (£0.365m) |