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

1
Max Verstappen
Max Verstappen NLD
Red Bull
$65.0m
5 yrs (2024/2028)
2
Lewis Hamilton
Lewis Hamilton ENG
Ferrari
$50.0m
2 yrs (2025/2026)
3
George Russell
George Russell ENG
Mercedes
$40.0m
3 yrs (2025/2027)
4
Charles Leclerc
Charles Leclerc MCO
Ferrari
$34.0m
6 yrs (2024/2029)
5
Lando Norris
Lando Norris ENG
McLaren
$25.0m
4 yrs (2024/2027)
6
Fernando Alonso
Fernando Alonso ESP
Aston Martin
$20.0m
2 yrs (2025/2026)
7
Oscar Piastri
Oscar Piastri AUS
McLaren
$20.0m
4 yrs (2025/2028)
8
Pierre Gasly
Pierre Gasly FRA
Alpine
$12.0m
3 yrs (2026/2028)
9
Carlos Sainz Jr
Carlos Sainz Jr ESP
Williams
$10.0m
2 yrs (2025/2026)
10
Lance Stroll
Lance Stroll CAN
Aston Martin
$8.0m
2 yrs (2025/2026)
11
Alex Albon
Alex Albon THA
Williams
$8.0m
2 yrs (2026/2027)
12
Sergio Pérez
Sergio Pérez MEX
Cadillac
$8.0m
2 yrs (2026/2027)
13
Esteban Ocon
Esteban Ocon FRA
Haas
$7.0m
3 yrs (2025/2027)
14
Nico Hülkenberg
Nico Hülkenberg DEU
Sauber
$5.0m
2 yrs (2025/2026)
15
Valtteri Bottas
Valtteri Bottas FIN
Cadillac
$5.0m
2 yrs (2026/2027)
16
Andrea Kimi Antonelli
Andrea Kimi Antonelli ITA
Mercedes
$4.0m
2 yrs (2026/2027)
17
Isack Hadjar
Isack Hadjar FRA
Red Bull
$4.0m
2 yrs (2026/2027)
18
Gabriel Bortoleto
Gabriel Bortoleto BRA
Sauber
$2.0m
3 yrs (2025/2027)
19
Liam Lawson
Liam Lawson NZL
Red Bull Racing
$2.0m
1 yrs (2026/2026)
20
Oliver Bearman
Oliver Bearman ENG
Haas
$1.5m
2 yrs (2025/2026)
21
Franco Colapinto
Franco Colapinto ARG
Alpine
$1.5m
1 yrs (2026/2026)
22
Arvid Lindblad
Arvid Lindblad ENG
Racing Bulls
$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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