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.
| 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):
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):
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.