• Loading stock data...
Monday, July 15, 2024

The Highest-Paid Formula 1 Team Principals

Christian Horner, Team Principal of Oracle Red Bull Racing, speaks at the Red Bull Fan Zone, a private event at Oracle headquarters, on Wednesday October 18, 2023.
Christian Horner, Team Principal of Oracle Red Bull Racing

Formula One racing has been hitting significant milestones in recent years. Each team is worth over $1 billion and the sport has generated over $550 million in revenue just in the first quarter of the year. 

The drivers earn the most money and attention, but the team principals manage a lot of critical moving parts. The top F1 team principals earn great salaries while navigating the pressure of ensuring every team member performs well on race day.

Christian Horner is the highest-paid Formula One team principal, earning $8 million annually. He’s been at the head of Red Bull Racing since 2005. Horner has helped lead Red Bull to thirteen world titles since becoming team principal.

Toto Wolff earns $7.1 million with Mercedes to come in second. He has led Mercedes to seven consecutive double championships from 2013-2020.

Wolff owns 30% of the team, and is estimated to have the highest net worth of any of the other team principals at $1.6 billion.

Third is Andrea Stella, making $5.2 million per year. The McLaren team principal was promoted to the position in 2022. He started his Formula One career as a performance engineer in 2000. He worked with the dominant Michael Schumacher for four years and joined McLaren in 2015.

Fourth on the list is Frederic Vasseur of Ferrari. He brings in $5 million as team principal of the winningest F1 team of all time. Vasseur took over for Mattia Binotto in 2023, and Ferrari recorded their first win under his leadership at the Singapore Grand Prix.

Tied for fifth are Laurent Mekies and Alessandro Alunni Bravi, earning $1 million each. 

Mekies has run the Visa Cash App RB team since the beginning of 2024. They’ve collected 28 points so far since the start of the season.

Alunni Bravi was named to his role with Stake (Sauber) in 2023. He joined the team initially in 2017 working as a Board Member and General Counsel.

Ranking The Highest-Paid F1 Team Principals

Here is the entire list of the highest-paid Formula 1 team principals. The list was compiled with data from Formula 1 and PlanetF1.

  • Updated: June 18, 2024
RankTeam PrincipalTeamTotal Compensation
1Christian HornerRed Bull Racing$8 million
2Toto WolffMercedes$7.1 million
3Andrea StellaMcLaren$5.2 million
4Frederic VasseurFerrari$5 million
T-5Laurent MekiesVisa Cash App RB$1 million
T-5Alessandro Alunni BraviStake (Sauber)$1 million

Related lists:

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

May 2, 2015; Las Vegas, NV, USA; Referee Kenny Bayless (center) separates Manny Pacquiao (left) from Floyd Mayweather during their boxing bout at the MGM Grand Garden Arena. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

The Most Watched Boxing Matches Ever

The most-watched boxing match was the 2015 bout between Floyd Mayweather and Manny Pacquiao which drew 4.6 million PPV buys.

Dan Hurley Finally Has New UConn Deal After Dramatic Offseason

Hurley is now the second-highest-paid coach in college basketball. 
Jul 6, 2024; Indianapolis, Indiana, USA; Indiana Fever guard Caitlin Clark (22) smiles in an interview after becoming the first rookie to have a triple-double during a game against the New York Liberty at Gainbridge Fieldhouse. Mandatory Credit: Grace Smith/INDIANAPOLIS STAR-USA TODAY Sports

The 10 Most Watched WNBA Games of All Time

The first WNBA game ever televised holds the title as the most-watched WNBA game, attracting 5.04 million viewers.
Jul 7, 1998; Denver, CO, USA; FILE PHOTO; American League shortstop Alex Rodriguez (3) of the Seattle Mariners reacts with catcher Ivan Rodriguez (7) of the Texas Rangers against the National League during the 1998 MLB All-Star Game at Coors Field. Mandatory Credit: V.J. Lovero-USA TODAY NETWORK

The Most Watched MLB All-Star Games of All Time

The 1976 MLB All-Star Game is the most-watched game with 36.3 million viewers.
podcast thumbnail mobile
Front Office Sports Today

Formula E is Powering Its Own Future

0:00

Featured Today

Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
Oct 2, 2021; Miami Gardens, FL, USA; NFL commissioner Roger Goddell speaks during the Don Shula Celebration of Life at Hard Rock Stadium.
July 13, 2024

The NFL Is Confident It Can Overturn the Sunday Ticket Verdict

The league may have good reason to believe it can win.
July 8, 2024

NFLPA Report Cards Have Become the ‘Talk of the Locker Room’ Across..

NFLPA report cards have become the ‘talk of the locker room.’
July 7, 2024

The New College Sports Insiders Are Graphic Designers

Joe Tipton and Hayes Fawcett have become premier news-breakers on social media.
NHL: Chicago Blackhawks at Tampa Bay Lightning

The Highest-Paid NHL General Managers

Lightning GM Julien BriseBois is the highest-paid NHL GM with an estimated $3.5 million salary.
May 21, 2024

Jalen Brunson Reportedly Considering Giving Knicks $100 Million Discount

He would sacrifice a huge amount of money by signing a deal this summer instead of next.
David Griffin
June 4, 2024

The Highest-Paid NBA General Managers

R.C. Buford is the highest-paid NBA general manager, earning $10 million per year.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
March 13, 2024

Patrick Mahomes Restructures Contract (Again) for Chiefs’ Cap Relief

Mahomes borrows an idea from Tom Brady to keep the Chiefs competitive.
Minnesota Twins short stop Carlos Correa shrugs after a bad call
December 21, 2022

Carlos Correa Caps Off Mets’ Unprecedented $800M Offseason

New York will spend $498M between payroll and luxury tax in 2023.
Minnesota Twins shortstop Carlos Correa shows a thumbs-up to bench
December 14, 2022

Carlos Correa, Giants Agree to Record Infielder Contract

Correa and San Francisco reportedly agreed to a 13-year, $350M contract.
Justin Verlander speaking to media during a 2022 World Series press conference
December 5, 2022

Justin Verlander Latest Deal in MLB Pitching Contract Craze

Verlander’s new Mets contract has MLB’s second-largest AAV ($43M) ever.