Formula 1 Salaries Leaders (2026)

Complete contract and salary breakdown of all F1 drivers in 2026. Base salary figures are in millions USD.

Total Salaries of All Drivers

$333.0 Million

2026 Season

Average F1 Salary

$15.1 Million

Based on All Active Drivers

Highest Paid F1 Driver

$65.0m

Max Verstappen (NLD)

Top 10 Highest Paid Drivers Comparison

$65.0m
5 yrs (2024/2028)
$50.0m
2 yrs (2025/2026)
$40.0m
3 yrs (2025/2027)
$34.0m
6 yrs (2024/2029)
$25.0m
4 yrs (2024/2027)
$20.0m
2 yrs (2025/2026)
$20.0m
4 yrs (2025/2028)
$12.0m
3 yrs (2026/2028)
$10.0m
2 yrs (2025/2026)
$8.0m
2 yrs (2025/2026)
$8.0m
2 yrs (2026/2027)
$8.0m
2 yrs (2026/2027)
$7.0m
3 yrs (2025/2027)
$5.0m
2 yrs (2025/2026)
$5.0m
2 yrs (2026/2027)
$4.0m
2 yrs (2026/2027)
$4.0m
2 yrs (2026/2027)
$2.0m
3 yrs (2025/2027)
$2.0m
1 yrs (2026/2026)
$1.5m
2 yrs (2025/2026)
$1.5m
1 yrs (2026/2026)
$1.0m
1 yrs (2026/2026)

Data Disclaimer: Salary figures are based on publicly available contract information and estimates for the 2026 F1 season. All figures in USD. Sources: Team announcements, financial reports, and sports media.

Formula 1 Salary Insights

  • 11 Formula 1 teams will spend around $324 million (combined) on driver salaries in 2026 F1 season which is the highest ever in F1.
  • Average salary in F1 is $14.7 million but that is heavily influenced by top 5 contracts. The median salary (excluding top 5 earners and bottom 5 earners) is around $8 million/year.
  • Ferrari will spend $84 million in just base salaries for Lewis Hamilton ($50m) and Charles Leclerc ($34) which is highest salary budget of any F1 teams.
  • The mimimum base salary has increased to $1 million/year which even a rookie driver can earn on his first F1 deal.

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