• Loading stock data...
Thursday, February 22, 2024
Register Now for Future of Sports: Cybersecurity

Verstappen Formula 1’s Top Earner

  • Max Verstappen has topped Lewis Hamilton in one more category: salary.
  • Hamilton makes up the gap with endorsements.
Max Verstappen surrounded by photographers after winning Formula 1 race
Jerome Miron-USA TODAY Sports

Max Verstappen is Formula 1’s highest-paid driver — though rival Lewis Hamilton makes up the gap off the track.

Red Bull’s Verstappen, who wrapped up his second consecutive driver’s championship on Sunday, booked $60 million in 2022, with $20 million coming from bonuses, according to Forbes.

  • Mercedes’ Hamilton earned $55 million, all of which came from his regular salary with no bonus money.
  • Alpine’s Fernando Alonso brought in $30 million, despite a ninth-place finish in the standings, followed by Verstappen’s teammate Sergio Perez ($26 million, third place in standings), and Ferrari’s Charles Leclerc ($23 million, second place).
  • The biggest gap between teammates was between Hamilton and George Russell, who earned $10 million, including $7 million from bonuses, making him the 10th-highest paid driver. Russell finished fourth in the standings to Hamilton’s sixth.

Retiring legend Sebastian Vettel and Daniel Ricciardo, whose contract with McLaren is being terminated early, tied for sixth in earnings with $17 million. Ferrari’s Carlos Sainz, eighth with $15 million, and McLaren’s Lando Norris, $11 million, filled out the top 10.

Off the Grid

While Forbes’ tabulation only included salaries and bonuses from drivers’ F1 teams, Hamilton brings in an estimated $8 million through endorsements and investments. The revered driver’s deals include ones with IWC, Monster Energy, Puma, and, naturally, Mercedes-Benz.

He also owns a stake in the Denver Broncos and launched a film and TV production company called Dawn Apollo Films.

Copy Link
Link Copied
Link Copied

What to Read

Making Sense of What More CFP Expansion Would Mean

Leaders of the CFP discussed the potential for a 14- and even 16-team Playoff.

MLB Uniform Furor: Lighter, More Flexible … and See-Through

See-through uniform pants create a social media stir, extending blowback on the new design.

‘Gotta Get in First’: For LIV Golfers, a New Path to the Green Jacket

Augusta National extended special invitations to three international golfers.

Where Are the A’s Playing Next Year? Let’s Weigh the Options

Highly anticipated decision on MLB team’s temporary home could arrive within weeks.
podcast thumbnail mobile
Front Office Sports Today

The Company That’s Selling Inspiration


Featured Today

Sabrina-Steph Wasn’t the ‘Battle of the Sexes’—But It Was Part of the Bigger War

The competition could play a factor in increasing the WNBA’s media value.
NASCAR Cup Series driver Bubba Wallace (23), in a Star Wars rebel alliance X-wing fighter pilot-inspired race suit, motions to the crowd to get louder during the driver introductions for the Cup Series Championship race at Phoenix Raceway in Avondale on Nov. 5, 2023.
February 17, 2024

Celebrity Owners, International Ambitions, and $7B Media Deals: Welcome to the New NASCAR

NASCAR boldly keeps pace with the increasingly competitive sports and entertainment world.
February 16, 2024

Wilson Introduced an Airless Basketball for $2,500. We Had Questions

The black, 3D-printed ball appeared in last year’s Slam Dunk Contest.
Emily Henegar, a baker and content creator, made a batch of NFL-inspired cookies featuring Taylor Swift and Travis Kelce.
February 11, 2024

The ‘Life-Changing’ Economy of Taylor Swift’s NFL Outfits

Appearing in Swift’s game-day wardrobe has been “life-changing” for small businesses.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Finance Manager
New York, NY
Senior Technical Artist - Sports Technology
EA Sports
Orlando, FL
Assistant Manager, Affiliate Operations
Portland, OR
NFL highest-paid edge rusher Nick Bosa

The 25 Highest-Paid NFL Edge Rushers

Niners pass rusher Nick Bosa leads the way in compensation at his position.
NFL Darren Waller
February 15, 2024

The 25 Highest-Paid NFL Tight Ends

Giants tight end Darren Waller leads the way at $17 million.
February 15, 2024

Tiger Says He ‘Doesn’t Want’ Iconic ‘TW’ Logo. Could He Get It Back?

Tiger Woods won’t use the “TW” logo on merchandise anymore.

Live Sports Are Now High-Tech Experiences

Oracle is leading the technology revolution happening in stadiums across the world.
Tyreek Hill NFL wide receivers
February 14, 2024

The 25 Highest-Paid NFL Receivers

The Dolphins’ Tyreek Hill tops the charts with $30 million.
NFL running back Christian McCaffrey
February 14, 2024

The 25 Highest-Paid NFL Running Backs

49ers superstar Christian McCaffrey is the highest-paid NFL running back making just over $16M.
February 13, 2024

Tiger’s Post-Nike Future Comes With a New Business Plan

Woods has unveiled his new apparel brand, Sun Day Red.
Sep 10, 2023; Foxborough, Massachusetts, USA; New England Patriots wide receiver Kayshon Boutte (80) prepares for a game against the Philadelphia Eagles during the warm-up period at Gillette Stadium.
January 25, 2024

Patriots’ Kayshon Boutte Charged With Illegal Sports Betting

Charges include betting underage and while still a college athlete.