Max Verstappen is dominating on the circuit this year and leads the rankings when it comes to the amount paid to drivers based on the amount of salary and bonuses for points and wins, but excluding sponsorship contracts.
According to Forbes, the combined income of the top ten Formula 1 drivers has fallen slightly in 2023 – this is approximately $258 million compared to $264 million last year.
Top ten drivers based on salary
Racer | Salary ($) | Bonuses | Total |
1. M. Verstappen | 45 million | 25 million | 70 million |
2. L.Hamilton | 55 million | – | 55 million |
3. F. Alonso | 24 million | 10 million | 34 million |
4. S. Perez | 10 million | 16 million | 26 million |
5. S. Leclerc | 14 million | 5 million | 19 million |
6. L.Norris | 5 million | 10 million | 15 million |
7. K. Sainz | 8 million | 6 million | 14 million |
8. D. Russell | 4 million | 5 million | 9 million |
9. P. Gasly | 5 million | 3 million | 8 million |
10. O. Piastri | 3 million | 5 million | 8 million |
Source: F1 News

I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.