Current Contract
Williams F1 Contract (2025/26)
29 July 2024 - Carlos Sainz Jr signed 2-year (2025/26) contract with Williams F1 team with base salary of $10 million (gross) per year. He can also accumulate upto $5 million in performance related bonuses taking his potential yearly earning from F1 contract to around $15 million.
Active Contract
| Signed | Base Salary | Bonus | Total | Team | Source |
|---|---|---|---|---|---|
| 2025 | $ 10m | $ 5m | $ 15m |
Williams
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F1-Insider (X) |
Ferrari (2021-2024)
Carlos Sainz spent four years at Ferrari initially joining the team on a 2-year (2021/22) seasons. Where his salary was around $8 million a-year. He extended his contract for further two-years at Ferrari for 2023/24 seasons with average salary of around $10 million plus another $2 million in performance related bonuses.
McLaren
16 August 2018 - Signed a 3 year contract with McLaren with salary of $7 million per season. However he only spent 2 years at the team before joining Ferarri.
Earnings Per Year
| Year | Base Salary | Verified | Age | Team | Remarks |
|---|---|---|---|---|---|
| 2026 | $ 10m |
|
31 | Williams | |
| 2025 | $ 10m |
|
30 | Williams | Joined Williams F1 on 2-year contract |
| 2024 | $ 10m |
|
29 | Ferrari | |
| 2023 | $ 10m |
|
28 | Ferrari | Extended Ferrari contract for further 2-years |
| 2022 | $ 8m |
|
27 | Ferrari | |
| 2021 | $ 8m |
|
26 | Ferrari | Joined Ferrari on 2-year deal. |
| 2020 | $ 3m |
|
25 | McLaren | |
| 2019 | $ 3m |
|
24 | McLaren | Signed 3-year deal with McLaren. |
| 2018 | $ 750k |
|
23 | Renault | |
| 2017 | $ 650k |
|
22 | Red Bull | |
| 2016 | $ 650k |
|
21 | Red Bull | |
| 2015 | $ 275k |
|
20 | Red Bull |
Frequently Asked Questions
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