F1 2023 driver salaries list and confirmed contract details

Belgian-Dutch F1 driver Max Verstappen, who currently drives for F1 team Red Bull, tops the list of the recently revealed F1 driver wages for the 2022-23 season, in front of Mercedes driver Lewis Hamilton, know the 2023 salaries list

Verstappen topped the list of F1 driver wages throughout the last year with a staggering £45 million.

F1 2023 driver salaries list and confirmed contract salary details

According to @Forbes Max Verstappen was the highest earning F1 driver in 2022, making a total of $60M (40 salary+20 bonuses)
First time since 2013 Lewis Hamilton is not the highest earning F1 driver. pic.twitter.com/fj2jIf9TxA

— Anuj Tripathi (@depressedsebfan) November 22, 2022

Max Verstappen is now the highest paid Formula 1 driver earning a salary of $40m and bonuses of $20m.

Lewis Hamilton earns a total of $55m per year, Fernando Alonso $30m and Sergio Perez $26m. Charles Leclerc earns $23m, Seb Vettel and Daniel Ricciardo both earned $17m #F1

— Fastest Pitstop (@FastestPitStop) November 23, 2022

💰| F1's highest paid drivers, 2022:

1. Max Verstappen, $60m
2. Lewis Hamilton, $55m
3. Fernando Alonso, $30m
4. Sergio Pérez, $26m
5. Charles Leclerc, $23m
6. Sebastian Vettel, $17m
7. Daniel Ricciardo, $17m
8. Carlos Sainz, $15m
9. Lando Norris, $11m
10. George Russell, $10m pic.twitter.com/hjrQhSwhGu

— RBR News 🇳🇱🇲🇽 (@redbulletin) November 23, 2022

The two-time world champion definitely seemed to have maximized his contract with Red Bull in the 2022 season earning £16 million more than second-placed Lewis Hamilton does.

Max Verstappen’s mouthwatering deal with Red Bull

25-year-old Max Verstappen earned an impressive £45 million in wages last year with F1 team Red Bull. His deal with them was inclusive of bonuses for winning races, taking podiums and also for winning both the drivers’ and teams’ championship titles. Verstappen’s wages easily dwarfed that of second-place Lewis Hamilton with a £16 million difference.

Lewis Hamilton to sign new deal

Lewis Hamilton, who is in the process of negotiating a new deal with his current F1 team Mercedes, earned a reported £29 million in wages last year. The 38-year-old finished last season without winning any races for the first time in his F1 career.

Hamilton has currently had first talks with Mercedes boss Toto Wolff over a new deal. However, Hamilton will likely be offered with a similar contract as his last one with similar terms.

Meanwhile, the veteran driver is also seeking an ambassador position with Mercedes in the long-term, for when he does eventually retire from his racing career. Moreover, both Hamilton and Verstappen also have their own private endorsements too. In fact, the Belgian-Dutchman just recently signed a new deal with Heineken.

Jenson Button believes Hamilton will come out flying next season

Meanwhile, former teammate Jenson Button, believes that Lewis Hamilton will come out flying out of the blocks next season. The new season is set to start next week in Bahrain. Button was Hamilton’s teammate back when the two drivers were at McLaren between 2010 and 2012.

The 43-year-old British driver revealed how he started to contemplate retirement when he struggled with an uncompetitive car.

Button revealed:

It’s something we all go through in our careers. It’s a reason why a lot of people retire, they are not in a winning car anymore. That’s why I left. You can deal with the pressure you put yourself under and the calendar, if you are in a winning car. When you are not, you are like ‘I’ve had enough, I want to get out.”

Meanwhile he also shared how if Hamilton does indeed kick start from the go, it will put a lot of pressure on his teammate George. However, he assured that both the two drivers are a good pairing. However, he added that Lewis will be on it from the go and that he looks forward to that competition.

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