#F1 2018 drivers standings drivers#
Here are Formula 1’s ten highest-paid drivers for 2021.Ĭarlos Sainz has earned praise for keeping up with his teammate Charles Leclerc in his debut season at Ferrari, the fourth team of his relatively brief career. Of course, an effort is now afoot to limit that spending as well, but at least in the near term, expect the rich drivers to get even richer.
#F1 2018 drivers standings driver#
The regulations have forced them to slash design and research expenditures and eliminate scores of staff positions, but driver salaries remain exempt from the cost-cap calculation and will be one of the few line items that deep-pocketed teams can continue to throw cash at to differentiate themselves.
F1’s new budget cap, introduced this season, limits spending to $145 million per team in 2021 and $135 million by 2023-an earth-shattering change at top teams Mercedes, Ferrari and Red Bull Racing, whose budgets have soared past $300 million and even $400 million in recent years. Still, the drivers’ salaries should continue to make up for the marketing gap. (The teams themselves are partly to blame, placing restrictions on the categories of sponsors their drivers can partner with.) While Hamilton rakes in an estimated $12 million from sponsors-most of whom also back his team-even Verstappen makes only $1 million in endorsements annually. F1 drivers for the most part spend little energy off the track beyond appearances they’re obligated to make for their teams and the associated carmakers. The big-ticket salaries are key for F1 drivers, who collect far less from endorsements than superstars in other sports like tennis and the NBA. Race winner Lewis Hamilton at the British Grand Prix at Silverstone on July 18. But with Hamilton currently stuck in second in the standings, and in danger of missing out on the drivers’ title for only the second time in the past eight years, his projection does not include a championship bonus, leaving him a bit shy of his $66 million on-track total for 2020, when he won 11 races and the title. That figure includes a $55 million base salary-more than double what his closest competitor is guaranteed-as well as a projected $7 million in bonuses for race wins.
Leading the pack is Mercedes superstar Lewis Hamilton, who is on pace to earn $62 million on the track in 2021. F1’s ten highest-paid stars are projected to pull in a collective $211 million in salary and bonuses this season. Lewis Hamilton remains in pole position in the earnings race, heading up a group projected to pull in a combined $211 million on the track in 2021.Īn era of uncontrolled spending in Formula 1 came to a screeching halt this year, but one group remains untouched by the series’ first-ever budget cap: the sport’s drivers.
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