
Who is the highest-paid Formula 1 driver in 2023?
Contrary to common belief, Formula One is not just a case of drivers going round and round in circles.
In fact, driving some of the most technologically advanced machines in the world around some of the most challenging race tracks on the planet requires immense skill and dedication.
And with speeds of up to 230mph and with the walls never too far away it is incredibly dangerous as well – so a strong helping of bravery is a necessity, too.
So it is no surprise that F1 drivers are paid handsomely for their work, after all, they are the stars of the show.
But exactly how much do the likes of Lewis Hamilton, Max Verstappen, Charles Leclerc and Lando Norris get paid per year?
We take a look at the reporter salaries for the drivers taking part in the F1 2023 season.
Who is the highest-paid Formula 1 driver?
Red Bull driver Max Verstappen is comfortably the best-paid driver on the grid with a salary of £45million, according to the Independent.
The 25-year-old is the current double world champion having clinched the titles in 2021 and 2022.
The Dutchman has usurped Lewis Hamilton at the top of the money standings, with the seven-time world champion taking home £29million from long-term employers Mercedes.
Ferrari’s Charles Leclerc is third on the list with £20million, with the 25-year-old Monegasque driver tipped to win multiple titles in the future that his immense talent so clearly deserves.
Britain’s Lando Norris is fourth, with McLaren paying him £17million to keep him at the Woking-based outfit amid reported interest from the three big teams.
Carlos Sainz rounds out the top five with a £10million salary agreed with Ferrari.
Further down the list, Sergio Perez and Valtteri Bottas both earn £8million a year, while British driver George Russell is rewarded with £7million for his efforts.
Veteran Fernando Alonso – still going strong at the grand old age of 41 – is paid £4million by new team Aston Martin.
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