F1 Wages: Lewis Hamilton is one of the top paid F1 driver currently. However last year the Mercedes driver was overtaken by Max Verstappen for the top spot. The double F1 World Champion Verstappen EARNED £16million more than Hamilton in 2022. However the seven time champion Hamilton can regain the top spot if he extends his stay with Mercedes. Follow FI LIVE Updates on Insidesports.in
F1 Wages: Max Verstappen OVERTAKES rival Lewis Hamilton to become HIGHEST EARNER, Verstappen EARNED £16million more than Hamilton in 2022 – Check Out
Also Read: F1 Ferrari New Car: Ferrari unveils new F1 car with Red Bull in their sights – Check out
F1 Driver Wages
Driver | Team | Salary ($ million) | Contract length |
Verstappen | Red Bull | 55 | 2028 |
Hamilton | Mercedes | 35 | 2023 |
Leclerc | Ferrari | 24 | 2024 |
Norris | McLaren | 20 | 2025 |
Sainz | Ferrari | 12 | 2024 |
Perez | Red Bull | 10 | 2024 |
Bottas | Alfa Romeo | 10 | 2025 |
Russell | Mercedes | 8 | 2023 |
Ocon | Alpine | 6 | 2024+ |
Alonso | Aston Martin | 5 | 2024+ |
Gasly | Alpine | 5 | 2024+ |
Magnussen | Haas | 5 | 2023 |
Albon | Williams | 3 | 2024+ |
Stroll | Aston Martin | 2 | Open |
Hulkenberg | Haas | 2 | 2024 |
De Vries | AlphaTauri | 2 | 2023+ |
Zhou | Alfa Romeo | 2 | 2023 |
Piastri | McLaren | 2 | 2024+ |
Tsunoda | AlphaTauri | 1 | 2023+ |
Sargeant | Williams | 1 | 2023+ |
Lewis Hamilton is currently in the final year of his contract but he has vowed to stay with Mercedes post the 2023 season . Expressing his desire to stay with Mercedes, Hamilton during the car launch had said “I know I’ve been here [at Mercedes] a long time. It’s the combined energy of all the individuals in the team. I love being a part of a team that’s working towards a common goal. I continue to love racing, I think that’s never going to change as it is part of my DNA”.
F1 Wages: Max Verstappen OVERTAKES rival Lewis Hamilton to become HIGHEST EARNER, Verstappen EARNED £16million more than Hamilton in 2022 – Check Out
Lewis Hamilton on Mercedes becoming strong force
Lewis Hamilton was also asked whether he would commit future to Mercedes if the team shows him that they can get back to the top. The British driver in his reply said, “For the team, no, I don’t feel like I need them to prove [anything] to me. I think we’ve proved time and time again over the years that we have strength in depth. We still have all these incredibly talented individuals within the team”.
“As I said, you don’t lose that ability. We’re continuing to try to improve our processes, we’re continuing to try to be smarter in how we approach things, and with our communication”. He further said, “I think there’s the best harmony within the team that I’ve seen in all these years. We’ve got a real, fresh young group of engineers and people that have just come into the team over the past year as well, so it’s an exciting time for the team, and I don’t plan on being anywhere else.”
F1 Wages: Max Verstappen OVERTAKES rival Lewis Hamilton to become HIGHEST EARNER, Verstappen EARNED £16million more than Hamilton in 2022 – Check Out
F1 Wages: Lewis Hamilton’s future with Mercedes
The Mercedes F1 Team principle Totto Wolff sounded confident of Lewis Hamilton extending his stay. He added that the new contract for Lewis Hamilton will come down to slotting in enough time around the other priorities, the team and Hamilton for the upcoming season. Wolff said, “I think as I said before, we’ve done a few of these contracts in the past and they change little from iteration to iteration, so it’s not usually complex – apart from the obvious terms.We’ve had a first chat, but I don’t want to commit to any timeline, because it’s not important for him nor for us at that stage. It runs a full year and we’re going to find the right time.”
F1 Wages: Max Verstappen OVERTAKES rival Lewis Hamilton to become HIGHEST EARNER, Verstappen EARNED £16million more than Hamilton in 2022 – Check Out