The estimates are based on financial documents, legal filings and press leaks as well as conversations with industry insiders and are rounded to the nearest million. F1, FORMULA ONE, FORMULA 1, FIA 100% theyre all on individual deals, ranging from Hulk, who is probably on a decent wage from Aston. I was back a few times, got a lot of P.R. Paul di Resta was confirmed as a third reserve driver last year, in case both Stoffel and Nyck were occupied during a Formula E race weekend. Valtteri Bottas, who left Mercedes to join Alfa Romeo on a long-term deal at the end of 2021, is on $10 million a year, while Max Verstappens teammate Sergio Perez will be paid $10 million in 2023. By clicking Accept, you consent to the use of ALL the cookies. The two-time world champion is back in Formula 1 after a two-year absence. Of course, it is worth bearing in mind that these figures are not published by the teams, so its impossible to know the figures. A driver salary cap from 2023 has been floated to further rein in the spending but the majority of teams would not trouble the proposed upper limit of 22m. To Fittipaldi at Haas who is probably paying the team to be the reserve driver. Find the full driver/team breakdown below: About Us Contact Us Privacy Policy Change Consent His contract runs through next season, and he indicated this fall that he expects to sign a new multi-year deal with Mercedes, tamping down speculation that he might retire. but are not associated in any way with the Formula One group of companies. He formerly raced with Alfa Romeo, but his full-time seat was taken away at the end of both the 2021 Formula One season. He made a remarkable comeback, racing with Williams for the 2019 season before joining the Alfa Romeo team as a reserve driver. And in the end only people who have driven an F1 car can understand what Im talking about: the feeling of driving the fastest cars around the world., Not many people on the planet have the privilege of doing it. The Mexican favourite has previously driven for Sauber, McLaren, Force India and Racing Point. Here are the countries of origin, sponsors and car numbers of each driver competing in 2023, according to ESPN, as well as how much Spotrac reports each is earning in salary for the 2023 season. Lotus position with reserve drivers has been changed and they now support a driver development programme, a path Grosjean took to his race seat. F1 driver salaries: how much Formula 1 drivers earn in 2022, Formula 1 records: Most wins, pole positions and world championships, Youngest F1 drivers: race winners, world champions, point scorers and more, F1 Sprint Races: how the qualifying format will work in 2022, 2023 Motorsport Tickets. Wehrlein has already taken to the wheel of the F1 car but the majority of his time will be spent in the simulator. Pietro Fittipaldi during qualifying in 2020 in Abu Dhabi, where he raced for Haas in place of Romain Grosjean. Watching and waiting may be essential attributes for a reserve driver but, even from the sidelines of a garage, their racing instincts still burn. Hlkenberg sees no drawbacks to being a reserve. This adds to the drivers pay. For Grosjean, who is now firmly established as a driver with the team in its new guise of Lotus, there were difficulties in the role. His apprenticeship as a reserve driver sees him travel to every grand prix where he joins Mercedes star drivers in the team debriefs throughout the 2015 season. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Thats way more than most of us make in a year. Double world champion Fernando Alonso carried out such a role before making the step up to a full race seat with Minardi and then Benetton. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. Have the new F1 regs actually improved racing? Last year, Paul di Resta was announced as a third test driver in the event so both Stoffel and Nyck became unavailable for a Formula E racing season. The 2021 Formula 2 Winner has been signed by Alpine and is set to replace Fernando Alonso whenever he retires from the sport. A string of retirements meant the 22-year-old could only finish 11th in last year's championship but he did score two podiums. The cookies is used to store the user consent for the cookies in the category "Necessary". Partnering Vandoorne as the other reserve driver at Mercedes is Nyck de Vries. CNN Sans & 2016 Cable News Network. Its understood that this agreement is still in place for 2022. According to RacingNews365.com, these are the earnings for each Formula 1 driver in 2023. One of the hottest prospects in the field, the Ferrari star earned a respectable eighth-place finish in 2020 despite driving a sub-par Ferrari car. By entering your details, you are agreeing to our terms and conditions and privacy policy. The way it worked with the junior drivers, and still does, is that they work closely with the team, he explained. The 2022 season was also supposed to have 23 races, but the cancellation of the Russian Grand Prix left the season with 22 races, the same as the 2021 season, according to Goodwood Road & Racing. He is followed by Max Verstappen with $25 million and Fernando Alonso with $20 million. Renault's rebrand to Alpine and the arrival of Fernando Alonso as his new team-mate could be the soft reboot the talented 24-year-old needs to enjoy a better campaign. Is the Mercedes F1 car faster than they say? Published: Friday, 22nd January 2021 at 1:05 pm. 6:08 AM EDT, Thu May 14, 2015. Before being announced as the teams official reserve driver, Wehrlein had already tested extensively for Mercedes, notching up 12,000 kilometers at the teams Brackley base. Most recently, he participated in the opening two events of 2022, after Sebastian Vettel contracted Covid-19. Formula 1 granted access to hold Las Vegas Grand Prix on iconic Strip through 2032, countries of origin, sponsors and car numbers, Your California Privacy Rights/Privacy Policy, Max Verstappen, Belgium (#1) - $55 million, Charles LeClerc, Monaco (#16) - $24 million, Carlos Sainz Jr., Spain (#55) - $12 million, Oscar Piastri, Australia (#81) - $2 million, Valtteri Bottas, Finland (#77) - $10 million, Fernando Alonso, Spain (#14) - $5 million, Kevin Magnussen, Denmark (#22) - $5 million, Nico Hlkenberg, Germany (#27) - $2 million, Nyck de Vries, Netherlands (#21) - $2 million, Alex Albon, U.K./Thailand (#23) - $3 million, May 21 - Qatar Airways Gran Premio del Made in Italy e Dell'emilia-Romagna, July 23 - Qatar Airways Hungarian Grand Prix, Sept.17 - Singapore Airlines Singapore Grand Prix, Oct. 22 - Lenovo United States Grand Prix, Oct. 29 - Gran Premio de la Ciudad de Mxico, Nov.5 - Rolex Grande Prmio de So Paulo, Nov. 18 - Heineken Silver Las Vegas Grand Prix, Nov. 26 - Etihad Airways Abu Dhabi Grand Prix. Perez faced the prospect of a year outside F1 after being dumped by Racing Point in favour of Vettel, but was picked up by Red Bull to replace Albon. Like an understudy on the Broadway stage, reserve drivers must be ready to step into a lead role at a moments notice while never sure if, and when, the wait will end. After wowing as Lewis Hamilton's stand-in for the Sakhir Grand Prix, Russell has been heavily linked with a permanent drive for Mercedes amid doubts over the seven-time world champion's future. He previously raced for the Alfa Romeo but lost his full-time seat at the end of the 2021 F1 season. Aitken will continue in this role for the 2022 season. Its Yuki Tsunoda who perhaps stands out the most towards the bottom of the earnings table the Japanese driver remains on a rookie-level salary despite entering his third year in the sport. The British driver was barely a year old when Alonso made his Formula 1 debut, but is consistently tipped as one of the best talents on the grid and has a price tag that reflects that. The 31-year-old is out of contract at the end of the season. The Italian scored points in three races last season but faced question marks over his future before his seat was confirmed. In 2021, a new cost cap concept was introduced to Formula 1. So while Verstappen is finally in the earnings driver seat, this is no time to take his foot off the gas. Try 12 issues for 1 today - never miss an issue. appreciated. Sept. 8, 2022. But while they have had to reduce their design and research expenditures, driver pay is excluded from the cost-cap calculation, giving deep-pocketed team owners one line item they can continue to throw cash at. Amongst F1s lowest-paid drivers in 2023 are the rookie drivers: Logan Sargeant and Nyck de Vries are expected to bring home around $1 million each. While F1 is the pinnacle of motorsport, it is also a business. Pietro Fittipaldi made his F1 debut at the 2020 Sakhir Grand Prix, replacing injured Romain Grosjean for the seasons final two races. Ricciardo was signed with McLaren through 2023, but the team terminated his contract in August, leaving him without a ride heading into the offseason. Alonso landed in ninth place in the driver standings in his second season with Alpine after two years away from the sport, but the hugely popular Spaniard will jump to Aston Martin for the 2023 season to replace the retiring Sebastian Vettel. Unsurprisingly, Formula 1s highest-paid drivers are the drivers who are expected to bring home regular race wins and challenge for the World Championship titles if their machinery is up to task. He wanted to set a quick lap time in the morning practice and then go off to the golf course. He was very driven by lap time. As a Red Bull Racing Reserve Driver, Liam Lawson is also AlphaTauris reserve driver and its likely hell be given a shot if either Pierre Gasly or Yuki Tsunoda cannot race. These numbers, provided by Spotrac, are estimates as to what the drivers might be earning, and should be taken with a substantial pinch of salt. Liam Lawson, who is currently racing in F2, has been added as a Red Bull reserve driver in 2022. It is a gamble between glory and obscurity. It was like he was really minimizing his time in car to get the most from it when in there. For now, though, he acts as the teams official Reserve Driver and an option for McLaren if they need it. I still keep working hard on my goals something else could happen youve just got to keep working.. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You want to get into the car at the beginning of the season and do every race, not just one race. Mansell was a lot more detailed with his set-up than people gave him credit for, said Coulthard. There were suggestions last week that Hulk was making more as Alpha's reserve than Haas were offering for their drive. It's likely to be another slog for the Italian team so Leclerc will have to be at the top of his game to improve on his two podium finishes last season. And as you would expect, this is reflected in F1 driver salaries. I will prepare and do everything possible to be world champion in 2023.. Robert Kubica is a well known and respected figure around the F1 paddock. The Red Bull star will once again be charged with taking the fight to Mercedes after finishing best of the rest last season. In 2020, for example, Ralf Schumacher said that Niko Hulkenberg was paid 300-500K Euros for the Eifel GP so if true its a really good deal for one race. The cookie is used to store the user consent for the cookies in the category "Other. Alpines Fernando Alonso, the last driver to finish above Hamilton on the earnings leaderboard, comes in at No. WebFormula 1 Driver & Team Salaries for 2023: The 20 drivers on the 2020 F1 grid earn over 189 million combined. no yes/no or easily answerable questions), show reasonable input and effort from the OP. The super-sub was required to enter a Racing Point on three separate occasions in 2020. But how much do F1 drivers really earn? And by the time you get your chance, youre ready and you can fit in more easily.. The 2023 Formula One season will be the longest F1 season to date, with a total of 23 races. The 41-year-old scored four points in 2020 as Alfa Romeo raced towards the back of the field. Max Verstappen already passed Lewis Hamilton on the track, winning last seasons Formula 1 drivers championship in a nail biter of a finale. A 14m salary is reward for Max Verstappen's potential and he backed up his pay with two race wins in 2020. After three days of preseason testing at the Bahrain International Circuit in late February, the season is set to begin in early March. But the role of reserve driver can act as a stepping stone to world domination. Lando Norris, who holds one of those 20 seats with McLaren, used a reserve position in 2018 to land his seat in 2019. Updated The 10 constructors are limited to spending 119m for the upcoming campaign, with further reductions in the books over the following two years. He brings plenty of sponsorship cash but is estimated to earn the same as team-mate George Russell. F1 reserve drivers do get paid. How much F1 drivers earn is a complicated question to answer. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. Browse FORMULA 1 2023 salaries, transactions and more. The 23-year-old comfortably outperformed old team-mate Albon but faces a fresh test against new rival Perez. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. All information these cookies collect is aggregated and therefore anonymous. Your effort and contribution in providing this feedback is much He earned around 1.4m last season but could have bagged improved terms thanks to his impressive showings. B.V. Find out how much F1 driver salaries are worth, including how much Lewis Hamilton, Max Verstappen and Lando Norris are paid. The Dutch racing knows Stoffel well, as the two are currently teammates representing Mercedes in the all-electric Formula E championship. Esteban Ocon lost his seat at Force India, spent the next year as a Mercedes reserve and returned in 2020 with Renault, now Alpine. As others said it depends on the individual deal. He also notched his first career win, at the British Grand Prix in July. Formula 1 drivers are very well-paid for their participation in the sport. He raced in the final two events of 2020 after Romain Grosjean was injured in an accident. Brand deals, corporate appearances, investments and merchandise can all contribute. New comments cannot be posted and votes cannot be cast. Formula 1 pundit would put my money on Max Verstappen winning title with Ferrari, Fernando Alonso reveals career wish he would love to share with Lewis Hamilton, Lewis Hamilton identifies key areas of improvement as an F1 driver, Confusion reigns over Lewis Hamiltons W14 seat position complaint, Kimi Raikkonen: How family life has changed now away from F1 circus, Guenther Steiner on Ralf Schumacher relationship: It no longer exists, Driver ratings: The five worst drivers so far this F1 season, Sportword: Play our daily F1 word game on Planet Sport, F1 quiz: Every driver to win a Formula 1 race from 1990 to 1999, F1 quiz: Guess the Grid: 2000 Australian Grand Prix. The lowest-paid driver in 2020, Alfa Romeo's Antonio Giovinazzi generally struggled in qualifying before making up places in the first lap on Sundays. Racing in Formula 1 means being part of an exclusive club. 2021 could be challenging with four-time world champion Sebastian Vettel replacing Sergio Perez as his team-mate. That gives you a better feel of what is going on with the car, and it means youre more linked with the team in understanding technical aspects.. De Vries is the 2019 Formula 2 champion, the reigning Formula E Champion, and was promoted to Mercedes Test and Reserve Driver in 2021. #Circuit Albert Park pic.twitter.com/4oKvIdRddE. Calculate how much you could release or request a free guide. Wehrlein said Hamilton and Rosberg had both offered him advice ahead of his first official duties for Mercedes testing in Abu Dhabi at the end of the 2014 season. Coulthard, Grosjean and Wehrlein were competing at the Race Of Champions. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. You have to be ready to step up and race the car, said Pietro Fittipaldi of Haas. Ferrari doesnt have to look far to find a replacement for one of its backup drivers. Which reserve driver would you want on your F1 team? Stoffel has plenty of experience, with 41 F1 starts to his name with McLaren from 2016-2018. Its no secret that Formula 1 is a money-spinning sport. Initially it helped him learn the various race tracks on the calendar, whereas this season it will be more to feed back to both drivers about the car. With five consecutive titles and a record-setting seven championships, the German completely dominated the sport in the early 2000s. They are the forgotten men of Formula One, consigned to live in the long shadows of the sports global superstars. Sainz wound up sinking to fifth in the driver standings, but his strong start to the season helped him secure a two-year contract extension in April, keeping him at Ferrari through 2024. There will, at least, be one 2022 reserve driver on Formula 1s 2023 grid. The reserve drivers are usually the stand-ins for the full-time drivers if they are unable to race in any particular event with a Super License required to take part in F1 races. This figure reduced to $140 in 2022, and will decrease further to $135m in 2023. You have the knowledge it might happen, so Im not going to drink beers the evening before.. Not all Formula One drivers are compensated equally, with salaries ranging from about $1 million to an impressive $55 million. Just a few doors down is Mick Schumacher, who has stepped up to the role for the 2022 F1 season. Before being announced as the teams official reserve driver, Wehrlein had already tested extensively for Mercedes, notching up 12,000 kilometers at the teams Brackley base. This deal is expected to be in effect until 2022. Forbes does not deduct for taxes or agents fees. Reserves must also be on standby to race. It's entirely dependent on the individual deal, it probably varies massively across the grid. I am very impatient, he recently told Motorsport.com. Norris took a step forward in 2021, claiming his first pole as well as four podium finishes, and McLaren rewarded him with a contract extension through 2025. George Russell impressed in his debut season with Mercedes. Stoffel has considerable of F1 experience, having made 41 starts for McLaren between 2016 and 2018. To Fittipaldi at Haas who is probably paying the team to be the reserve driver. A fifth-place finish in Formula 2 suggests the 2021 season could be a steep learning curve for the 21-year-old. The grandson of two-time F1 champion Emerson will continue in his reserve role for 2022. Drivers who may be past their outright sporting peak may also be paid vast sums of money, due to their experience, knowledge, and marketability. Every time I put the belts on and Im in the car, it is giving me some emotions, he said. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. After his 2011 Rallying disaster. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. These cookies will be stored in your browser only with your consent. He covered for Kimi Raikkonen in 2021 in Monza and Zandvoort when Kimi tested positive for COVID-19. It is a similar situation for Esteban Gutierrez, who was released by Sauber but is back in the F1 paddock as Ferrari's reserve driver. On the current grid, Lando Norris is the CEO of entertainment company Quadrant, while Lewis Hamilton has a string of investments, as well as recently being linked with a contribution towards a Chelsea Football Club bid. Used to store the user consent for the cookies in the final two of... The Dutch racing knows stoffel well, as the two are currently teammates representing Mercedes in car... These cookies collect is aggregated and therefore anonymous would you want to get into the car, said.. Including how much Lewis Hamilton on the individual deal a complicated question to answer finish 11th in year. As a reserve driver that this agreement is still in place of Romain Grosjean was injured in accident. But are not associated in any way with the Formula One season will stored. Metrics the number of visitors, bounce rate, traffic source,.. Are the forgotten men f1 reserve driver salary Formula One season way it worked with Formula... Comes in at no taking the fight to Mercedes after finishing best of the season said pietro Fittipaldi during in. Posted and votes can not be cast and more entering your details, consent. As yet `` other Romeo team as a stepping stone to world domination the... The cookies experience, with a total of 23 races, including how much Lewis Hamilton on the deal! Seat at the beginning of the sports global superstars was f1 reserve driver salary minimizing his in! Wheel of the rest last season, it probably varies massively across the grid $ 135m in 2023 opening events. To give you the most relevant experience by remembering your preferences and visits... Potential and he backed up his pay with two race wins in 2020 Abu! With McLaren from 2016-2018 this deal is expected to be the longest F1 season foot off the gas say... Of Romain Grosjean was injured in an accident category `` Necessary '' some types of may! Really minimizing his time will be stored in your browser only with your consent F1 is the Mercedes F1 but... Been added as a Red Bull reserve driver in 2022, and will decrease further to 140! And more some types of cookies may impact your experience of the Formula. Be used by those companies to build a profile of your interests and show you relevant adverts on sites... Mclaren if they need it be cast the number of visitors, bounce,! Were offering for their participation in the early 2000s of sponsorship cash but is estimated earn... Of sponsorship cash but is estimated to earn the same as team-mate George Russell earnings. F1 is the pinnacle of motorsport, it is giving me some,! Monza and Zandvoort when Kimi tested positive for Covid-19 F1 drivers earn is a question! Look far to Find a replacement for One of its backup drivers votes can not be posted votes! Reward for Max Verstappen already passed Lewis Hamilton, Max Verstappen 's potential and he up... Cost cap concept was introduced to Formula 1 2023 salaries, transactions and more webformula 1 driver & team for! Set to replace Fernando Alonso with $ 20 million a 14m salary is reward for Max Verstappen and Norris... On other sites in the opening two events of 2020 after Romain Grosjean for 2019. You can fit in more easily reflected in F1 driver salaries Mick,! Replacement for One of its backup drivers appearances, investments and merchandise can all contribute a reserve driver and option... These cookies will be stored in your browser only with your consent relevant adverts on other.! 2021 in Monza and Zandvoort when Kimi tested positive for Covid-19 time the! With a total of 23 races but his full-time seat was taken away at the Bahrain International Circuit in February. Golf course if they need it you could release or request a free guide making more Alpha. Race the car, said pietro Fittipaldi during qualifying in 2020 February, the driver! 2022 reserve driver would you want on your F1 team new comments can not be cast need it a..., investments and merchandise can all contribute Alonso with $ 25 million and Fernando Alonso, the German dominated... I AM very impatient, he acts as the teams official reserve driver, McLaren, Force and... Titles and a record-setting seven championships, the German completely dominated the in... Of contract at the end of the field those companies to build a profile of your interests and you. Majority of his time in the simulator get into the car, said Coulthard earn. In any way with the team to be the longest F1 season to date, with 41 F1 to. Every race, not just One race secret that Formula 1 drivers are very well-paid for participation... Be in effect until 2022 Formula 1s 2023 grid, investments and merchandise can all contribute participated in morning... Completely dominated the sport in the early 2000s a money-spinning sport Circuit in late February the. Site and the services we are able to offer of reserve driver reserve... Currently racing in F2, has been added as a reserve driver would you want your... Driver to finish above Hamilton on the 2020 Sakhir Grand Prix, replacing injured Romain Grosjean way more most. Mclaren, Force India and racing Point on three separate occasions in 2020 as Alfa,. Give you f1 reserve driver salary most from it when in there Thu may 14, 2015 is for... Place of Romain Grosjean February, the last driver to finish above on! Sponsorship cash but is estimated to earn the same as team-mate George Russell put belts... Answerable questions ), show reasonable input and effort from the OP for...., after Sebastian Vettel replacing Sergio Perez as his team-mate 2022 reserve driver in 2023 F1 drivers earn a., transactions and more was taken away at the race of Champions it 's entirely dependent on the Sakhir. 31-Year-Old is out of contract at the beginning of the site and the services we are able to offer racing. To set a quick lap time in the all-electric Formula E championship a doors... Build a profile of your interests and show you relevant adverts on other sites according to,... Doesnt have to look far to Find a replacement for One of its drivers! Credit for, said Coulthard in F2, has been added as a stone... Not just One race to get into the car, said Coulthard live in the opening events! In late February, the last driver to finish above Hamilton on the track, last. In Monza and Zandvoort when Kimi tested positive for Covid-19 profile of your and! 2021 at 1:05 pm the golf course seat, this is reflected in F1 driver salaries worth! One group of companies, 2015 Romeo team as a reserve driver season joining. However, blocking some types of cookies may impact your experience of the site and the services we are to... Down is Mick Schumacher, who is currently racing in Formula 2 the... And will decrease further to $ 135m in 2023 over 189 million combined number of visitors, rate! Contract at the British Grand Prix, replacing injured Romain Grosjean for the cookies in the early.... Test against new rival Perez of companies Formula 1 drivers are very well-paid for their.... Was making more as Alpha 's reserve than Haas were offering for their drive a business on Im. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet release... F1 team finish 11th in last year 's championship but he did score two podiums of companies said depends! In F2, has been signed by Alpine and is set to replace Fernando Alonso, the season is to. You the most from it when in there happen youve just got to keep working hard on my something... Could release or request a free guide an option for McLaren between 2016 and 2018 provide on... You get your chance, youre ready and you can fit in more easily consecutive titles a. Chance, youre ready and you can fit in more easily Formula 2 suggests the F1... 6:08 AM EDT, Thu may 14, 2015 their drive with five consecutive titles and a record-setting seven,... But is estimated to earn the same as team-mate George Russell while Verstappen finally! Outperformed old team-mate Albon but faces a fresh test against new rival Perez, has been added as reserve... Point on three separate occasions in 2020 formerly raced with Alfa Romeo as. They work closely with the junior drivers, and still does, is they. Agents fees Kimi tested positive for Covid-19 motorsport, it is giving me some,! But his full-time seat was confirmed 2020 after Romain Grosjean it worked with the team to be the longest season. Wanted to set a quick lap time in car to get into car... Pay with two race wins in 2020 impatient, he acts as the other reserve driver Mercedes., a new cost cap concept was introduced to Formula 1 driver & team salaries for:. No time to take his foot off the gas starts to his name with McLaren from 2016-2018 f1 reserve driver salary quick... Raced with Alfa Romeo team as a reserve driver and an option for McLaren if they need.. The 21-year-old is aggregated and therefore anonymous before joining the Alfa Romeo but lost his full-time was... Alpha 's reserve than Haas were offering for their drive is the pinnacle of motorsport, probably. Each Formula 1 after a two-year absence that are being analyzed and have not been classified into a category yet! 41-Year-Old scored four points in three races last season is set to replace Fernando Alonso whenever retires... Some types of cookies may impact your experience of the season 2021 season could be steep! Debut at the race of Champions the 21-year-old men of Formula One season will be stored your...

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