Max Verstappen is the highest-paid Formula 1 driver in 2025 with a base pay of $65 million. Lewis Hamilton is in second place with $60 million, and Charles Leclerc is in third place with $34 million.
These figures show the value of elite F1 drivers both on and off the track. Their income is a reflection of their driving prowess, fan appeal, and F1’s worldwide influence.
Max Verstappen – Highest Paid F1 Driver
Red Bull’s Max Verstappen earns $65 million every year. This puts him just ahead of his rival Lewis Hamilton. Hamilton, now racing for Ferrari, makes about $60 million, while Charles Leclerc of Ferrari earns $34 million.
Only basic salaries are included in these numbers. Bonuses are another source of income for top drivers. Bonuses are awarded for finishing on the podium, winning races, and earning championship points. For example, after incentives and compensation, Veerstappen earned about $75 million in 2024.
ALSO READ: Max Verstappen Net Worth 2025: Salary, Red Bull Contract & Sponsors
Brand Deals & Sponsorships Add More Money
F1 drivers also make large amounts from endorsements and brand deals. Their total earnings can increase a lot, sometimes even double or triple, because of these deals.
Leclerc, Hamilton, and Verstappen all have major global brand partnerships. This shows that an F1 driver’s fame and popularity off the track can bring in a lot of money in F1 racing.
Why High Salaries Matter in F1?
Formula 1 is more than just racing. It is now a big global business. A driver’s salary shows not only their talent but also their ability to attract sponsors, fans, and media attention. Star drivers bring value to their teams and to the sport as a whole.
Max Verstappen and Lewis Hamilton are good examples. Their speed on the track and popularity off the track combine to create huge value. Their salaries show that in F1, talent and fame both pay very well.
ALSO READ: Max Verstappen Wins Italian Grand Prix in Record Time at Monza, Ends McLaren Dominance
How Other Drivers Earn?
Other top drivers also earn a lot of money, though less than the top three. Fernando Alonso and Lando Norris each make about $20 million per year. George Russell earns around $15 million. Rookies like Jack Doohan and Isack Hadjar earn less than $1 million. This shows a big gap between experienced stars and new drivers.
What These Salaries Tell Us?
These salaries show that F1 is more than just racing. It is a global sport and a business where star power and strategy are important.
Star status equals value: Drivers who perform well also make money for their teams.
Performance pays: Bonuses reward race wins and championship results.
Team investment drives growth: Paying top drivers high salaries keeps the best talent in the sport.
ALSO READ: Aryna Sabalenka Creates History by Defending US Open Title Against Amanda Anisimova
As Formula 1 becomes more popular worldwide, top drivers like Max Verstappen will keep influencing both the races and the business side of the sport. Their salaries show that F1 rewards skill, consistency, and worldwide popularity.
