• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Sportekz

Everything about major sports including football, cricket, tennis, motogp, rugby and american sports

  • Home
  • Football
    • Premier League
      • Arsenal
      • Chelsea FC
      • Liverpool
      • Manchester United
      • Manchester City
      • Tottenham
      • Leicester City
      • Newcastle United
      • Everton
      • Southampton
      • Wolves
      • Brighton Hove Albion
      • Leeds United
      • West Ham United
      • Sheffield United
      • Aston Villa
      • Fulham
      • West Bromwich Albion
      • Crystal Palace
      • Burnley
    • German Bundesliga
      • FC Augsburg
      • FC Koln
      • RB Leipzig
      • Borussia Dortmund
      • Borussia Monchengladbach
      • VFB Stuttgart
      • Arminia Bielefeld
      • FC Schalke 04
      • Bayer Leverkusen
      • Bayern Munich
    • Real Madrid
      • Athletic Bilbao
      • Deportivo Alaves
      • Real Sociedad
      • Atletico Madrid
      • Celta Vigo
      • Osasuna
      • Villarreal
      • Granada
      • Elche
      • Sevilla
      • FC Barcelona
      • El Clasico
    • AC Milan
      • Genoa
      • Atalanta
      • Spezia
      • Benevento
      • Sassuolo
      • Juventus
      • AS Roma
      • Napoli
      • Inter Milan
      • Udinese Calcio
      • SS Lazio
    • PSV
      • Feyenoord
      • AZ Alkmaar
      • AFC Ajax
    • Europa League
      • CSKA Moscow
      • Qarabag
      • Slavia Prague
      • CFR Cluj
      • KAA Gent
      • Royal Antwerp
    • Champions League
      • Ferencvaros
      • Zenit Saint Petersburg
      • Midtjylland
      • Krasnodar
      • Club Brugge
      • Lokomotiv Moscow
      • Shakhtar Donetsk
      • Dynamo Kyiv
    • UEFA Super Cup
    • Euro 2020
    • UEFA Nations League
      • Faroe Islands
        • Latvia
        • Andorra
      • Armenia
        • Estonia
        • North Macedonia
        • Georgia
      • Lithuania
        • Belarus
      • Luxembourg
        • Montenegro
        • Azerbaijan
        • Cyprus
      • France
        • Sweden
        • Portugal
        • Croatia
      • Belgium
        • Iceland
        • England
        • Denmark
      • Israel
        • Scotland
        • Slovakia
      • Ireland
        • Finland
        • Bulgaria
      • Spain
        • Ukraine
        • Germany
        • Switzerland
      • Hungary
        • Turkey
        • Serbia
        • Russia
      • Romania
        • Austria
        • Norway
        • Northern Ireland
      • Czech Republic
      • Italy
        • Poland
        • Bosnia Herzegovina
        • Netherlands
      • Liechtenstein
        • Greece
          • Kosovo
    • UAE
    • Paraguay
      • Argentina
      • Peru
      • Brazil
      • Mexico
      • Chile
      • Venezuela
      • Colombia
      • Bolivia
      • Uruguay
      • Ecuador
      • Costa Rica
      • Honduras
    • Football Kits
    • Benfica Lisbon
      • Sporting Braga
      • FC Porto
      • Sporting Lisbon
    • RB Salzburg
      • Rapid Vienna
    • Besiktas JK
      • Istanbul Basaksehir
      • Sivasspor
      • Galatasaray
    • Rangers
      • Celtic
    • PSG
      • Olympique de Marseille
      • FC Nantes
      • Stade Rennais
      • Lille
      • Olympique Lyonnais
    • Olympiacos
      • AEK Athens
      • PAOK Thessaloniki
    • Columbus Crew
  • Cricket
    • IPL 2020
    • Series Schedule
  • Boxing
    • Fights Schedule
  • Tennis
    • French Open
    • Australian Open
  • Motorsports
    • Indycar Races
    • WRC Races
    • WorldSBK Races
    • MotoGP
      • MotoGP Races
      • Season Calendar
    • Formula 1
      • F1 Races
      • Calendar
  • Others Sports
    • NFL
      • TV Coverage
        • Atlanta Falcons
        • Tennessee Titans
        • Houston Texans
        • Buffalo Bills
        • Cincinnati Bengals
        • Baltimore Ravens
        • New England Patriots
        • Minnesota Vikings
        • Jacksonville Jaguars
        • Cleveland Browns
        • New York Giants
        • Philadelphia Eagles
        • Carolina Panthers
        • Los Angeles Chargers
        • Indianapolis Colts
        • Tampa Bay Buccaneers
        • Miami Dolphins
        • San Francisco 49ers
        • Seattle Seahawks
        • Kansas City Chiefs
    • Sports Calendar
    • Sports Money
    • Top 10
    • Snooker
    • NHL
    • NBA
      • Matches
        • New Orleans Pelicans
        • Boston Celtics
        • San Antonio Spurs
        • Miami Heat
        • Denver Nuggets
        • Indiana Pacers
        • Orlando Magic
        • Brooklyn Nets
        • Los Angeles Clippers
        • Dallas Mavericks
        • Los Angeles Lakers
    • MLB
      • Matches
        • Chicago Cubs
        • Tampa Bay Rays
        • Washington Nationals
        • Los Angeles Dodgers
        • Chicago White Sox
        • New York Yankees
    • Wrestling
      • WWE Schedule
    • MMA
      • Bellator
      • UFC Schedule
    • Rugby
  • Games
  • Golf

Formula 1 Drivers Salaries 2020

December 31, 2019 By sportekz

F1 Drivers Salaries 2020

Kimi Räikkönen break all records in 2007 after signing three years contract deal with Ferrari F1 team. He earns $51 million per year his contract worth of ($153 million) which bring his name among the highest paid drivers and athletes worldwide in 2009. A news website in 2018, revealed the Formula 1 drivers salaries.

The professional drivers in Formula sign new deals and shuffle from one team to another with 1st driver opportunity. According to public report in 2019, formula 1 drivers salaries 25% increase in past five years. Lewis Hamilton currently highest earning Formula 1 driver on annual base salary. In 2018, Hamilton signed two years contract deal with Mercedes Meclarn F1 for ($51 million a year) $100 million total value of contract.

FORMULA 1 DRIVERS SALARIES 2020 (CONTRACTS DETAILS
DRIVERS                      
ANNUAL SALARY
  F1 TEAM
CONTRACT
Lewis Hamilton
$60 Million
Mercedes F1
2020
Sebastian Vettle
$40 Million
Ferrari F1
2020
Charles Leclerc
$30 Million
Ferrari F1
2024 (Extended)
Daniel Ricciardo
$34 Million
Renault F1
2020
Max Verstappen
$12.5 Million
Red Bull F1
2023
Kimi Räikkönen
$8.5 million
Alfa Romeo F1
2020
Antonio Giovinazzi
$350,000
Alfa Romeo F1
2020
Pierre Gasly
$1.2 million
Alpha Tauri F1
2020
Daniil Kvyat
$500,000 
Alpha Tauri F1
2020
Romain Grosjean
$2.5 million
Haas F1
2020
Kevin Magnussen
$1.5 million
Haas F1
2020
Lando Norris
$500,000 
McLaren-Renault
2022
Carlos Sainz Jr
$500,000
McLaren-Renault
2021
Sergio Pérez
$1.5 million
Racing Point F1
2022
Valtteri Bottas
£6.5 million
Mercedes
2020
Nicholas Latifi
$500,000
ROKiT Williams
2020
George Russell
$350,000
ROKiT Williams
2020
Esteban Ocon
$350,000
Renault F1
2020
Alexander Albon
$650,000
Red Bull
2020
Nico Hülkenberg
$5.5 million
N/A
Contract Ended
Robert Kubica
$3.5 million
N/A
Contract Ended
Lance Stroll
$750,000 
Racing Point F1
2020

Lewis Hamilton ($60 million) annual salary remain the highest paid driver in F1 2020 season. Some drivers did not signed extension contract and after 2020 they are looking for better deals. Max Verstappen driving the last season for the Red Bull racing team.

Lewis Hamilton 2020 Salary

Lewis Hamilton Annual Salary ($60 Million):Lewis Hamilton six times world champion currently best paid driver in the world. According to news sources in 2019, his contract deal is upto 2020 and his annual salary estimated upto ($60 million).

Sebastian Vettel 2020 Salary

Sebastian Vettel Annual Salary ($40 Million):The four time world champion finished at 5th place in 2019 F1 standings. Currently he is working hard to get a better contract. His team mate Charles Leclerc earn (3 year contract) deal from Ferrari and joined the best paid drivers list. Vettel facing pressure and we might see him in a different f1 team upcoming year.

charles leclerc 2020 salary

Charles Leclerc Annual Salary ($30 Million):Charles Leclerc signed a new three years deal with Ferrari F1 untill 2024. This means his wages improved with new contract extension currently no-official details revealed about his wage scale improvement but according to (GPRacing) he earn $30 million a year.

Daniel Ricciardo 2020 Salary

Daniel Ricciardo Annual Salary ($34 Million):This might be Daniel Ricciardo last season with Renault F1 his salary reported to (£26.5 million) a year according to UK news sites in 2019. Currently no official confirmation about his extension of contract with team released.

Max Verstappen 2020 Salary

Max Verstappen Annual Salary ($12.5 Million):In 2018 Max Verstappen salary reported (£3.5 million) news sources. In 2019, a website revealed the salaries of Formula 1 drivers according to them he earn ($12.5 million) a year contract till 2020. He did not extended his contract with Red Bull F1 team but hopeful to win Formula drivers championship 2020 season.

The finiancial information of all drivers salaries and contract extension collected from top sources of Formula 1. There might be changes to the drivers line-up as some team prefer to give rest to F1 driver and called third drivers for the grand prix. Any major changes to salaries or contract updated here.

References: The Sun, Motor Sports Magazine, Forbes Magazine, Business Insider, GP Racing, Formula Forums, TSM Sports, Bleach Report

Filed Under: Formula 1

Reader Interactions

Primary Sidebar

Expensive Footballers Boot Deals

Football Players Expensive Boot Deals Long-Term Contracts

Highest Paid Caddies 2020

Top 20 Highest Paid Golf Caddies in 2020

Richest Football Clubs 2020

The 20 Richest Football Clubs 2020

Highest Paid Football Referees

Highest Paid Football Referees in the World

Highest Paid Cricketers 2020

The 20 Highest Paid Cricket Players in World 2020

Recent Posts

  • UFC Vegas 20 Fighters Salaries (Gane vs Rozenstruik)
  • Canelo Alvarez vs Avni Yildirim Guaranteed Purse (PPV Earnings)
  • PSL 2021 Players Salaries (Confirmed)

Copyright © 2021 ·