With few Formula 1 driver salaries publicly available, Forbes generated its on-track compensation estimates in collaboration with contributor Caroline Reid of the data firm Formula Money. That helped him finish above his legendary teammate Lewis Hamilton in the season-long standings, at No. Russell impressed in his debut season with Mercedes, claiming his maiden pole position in July and his first win in São Paulo last week. George Russell impressed in his debut season with Mercedes. $60M Max Verstappen Team: Red Bull Racing | Nationality: Netherlands | Age: 25 Salary: $40M | Bonuses: $20M.So while Verstappen is finally in the earnings driver seat, this is no time to take his foot off the gas.įORMULA 1’S HIGHEST-PAID DRIVERS FOR 2022 Industry insiders expect the search for a competitive advantage within the new model will send driver pay soaring over the next few years. 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. F1’s new budget cap, introduced last season, is set to limit teams’ spending in key areas to $135 million next year, forcing Mercedes, Ferrari and Red Bull to contort their budgets from the days when they could spend $300 million or even $400 million unchecked. Most drivers devote little attention to deals outside of the appearances they’re required to make for their teams and their teams’ sponsors, and only a handful are believed to rake in more than $1 million, with Hamilton’s income off the track pegged at $8 million and Verstappen’s at $2 million for Forbes’ 2022 list of the world’s highest-paid athletes.Įven so, Formula 1’s star drivers have reason to believe their paydays will keep rising, and it’s not just that the series is growing. Endorsement earnings are excluded from this ranking, in part because Formula 1 offers few marketing opportunities relative to, say, tennis or the NBA.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |