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Formula 1 Drivers Salaries 2018 (Contract Details)

August 11, 2017 By admin

Formula Drivers 2017 Earnings
The new season will began next year in the month of March 2018. Big changes made to the Formula one racing teams. Mass announced retirement after season 2017. Some new drivers signed contract with racing teams. Max Verstappen and Valtteri Bottas the two most improved drivers joins the best paid list of Formula one drivers.

All drivers contracts given in the table. Few of the drivers salaries estimated based on their performance level. If there are any changes made to the drivers list that will updated here before the season began.

Formula 1 Drivers Salaries 2018 – Contract Details
Drivers Annual Salary F1 Team Contract Period
Sebastian Vettel $60 Million Scuderia Ferrari 2018
Lewis Hamilton $50 Million Mercedes AMG Petronas Motorsport 2018
Kimi Räikkönen $40 Million Scuderia Ferrari 2018
Fernando Alonso $30 Million McLaren F1 Team 2018
Valtteri Bottas $12 Million Mercedes AMG Petronas Motorsport 2018
Max Verstappen $10 Million Aston Martin Red Bull Racing 2018
Stoffel Vandoorne $7 Million McLaren F1 Team 2018
Daniel Ricciardo $6 Million Aston Martin Red Bull Racing 2018
Nico Hülkenberg $5.5 Million Renault Sport Formula One Team 2018
Sergio Pérez $5 Million Sahara Force India 2018
Romain Grosjean $4.45 Million Haas F1 Team 2018
Esteban Ocon $3 Million Sahara Force India 2018
Kevin Magnussen $2.5 Million Haas F1 Team 2018
Lance Stroll $1.8 Million Williams Martini Racing 2018
Kevin Magnussen $1 Million Haas F1 Team 2018
Carlos Sainz Jr $750,000 Renault Sport Formula One Team 2018
Marcus Ericsson  $500,000 Alfa Romeo Sauber F1 Team 2018
Pierre Gasly $400,000 Red Bull Toro Rosso Honda 2018
Brendon Hartley $350,000 Red Bull Toro Rosso Honda 2018
TBC $185,000 Alfa Romeo Sauber F1 Team 2018
Charles Leclerc $150,000 Alfa Romeo Sauber F1 Team 2018

Last year a great competition take place between Sebastian Vettel and Lewis Hamilton. Both of them finished on the top 2 position of points table. Hamilton at the end of the season become the new world champion of Formula 2017.  Last year there are 20 grand prix schedule for the season.

In 2018, we have 21 grand prix which means there is an extra race to decide the winner for the Formula One season. So far all teams announced their first and second drivers for the season competition. Williams Martini Racing team is the only one team who announced their first driver while searching for second driver before the season.

Highest Paid Formula Drivers 2018:

Sebastian Vettel: Annual Salary ($60 million): F1 Team (Scuderia Ferrari):
How much rich is Vettle Earnings 2018
Sebastian Vettel is one of the best Formula One drivers in the world currently. He lost world championship to Lewis Hamilton last year with just few points difference. According to sources he signed a contract deal according to which he earn($60 million a year).

Lewis Hamilton: Annual Salary ($50 million): F1 Team (Mercedes AMG Petronas):
Best F1 driver of 2018 Lewis Hamilton
Lewis Hamilton won the Formula One driver championship in 2017 with just few points lead ahead of Vettel. His salary said to be ($50 million) a year according to his new contract which he signed with Mercedes AMG Petronas.

Filed Under: Formula 1

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