Every F1 Driver’s 2025 Salary Revealed as Lewis Hamilton Receives…read more
The 2025 Formula 1 season is set to be one of the most exciting in recent history, not just on the track but also in the financial stakes. With teams securing their star drivers for the new era of regulations, salaries across the grid have seen significant shifts. The biggest headline? Lewis Hamilton’s massive pay increase following his blockbuster move to Ferrari.
Hamilton’s Mega Ferrari Deal
Seven-time world champion Lewis Hamilton has landed a lucrative contract with Ferrari, reportedly worth $75 million per season, making him the highest-paid driver on the grid. The move marks the end of his historic stint at Mercedes, where he won six of his seven titles. His new salary sees a substantial increase from his previous $50 million-a-year deal at Mercedes, reflecting Ferrari’s commitment to securing their first drivers’ championship since 2007.
Verstappen Still Among the Top Earners
Reigning world champion Max Verstappen remains one of the highest-paid drivers, earning around $60 million per year with Red Bull. His dominance in recent seasons has cemented his value, and Red Bull is determined to keep him happy despite rumors of Mercedes’ interest in luring him away.
Other Notable Salaries
- Charles Leclerc (Ferrari) – The Monegasque driver, who recently signed a contract extension, is expected to earn $50 million per season, making him the second-highest-paid Ferrari driver behind Hamilton.
- Lando Norris (McLaren) – McLaren’s star driver is reportedly earning $30 million per year, a testament to his growing reputation as a future world champion.
- George Russell (Mercedes) – With Hamilton gone, Russell has stepped up as Mercedes’ lead driver, receiving a salary boost to $20 million per season.
- Sergio Perez (Red Bull) – The Mexican driver has seen a slight pay increase, now earning $15 million annually, though his future at Red Bull remains uncertain.
- Fernando Alonso (Aston Martin) – At 43, the two-time world champion is still commanding a hefty salary of $20 million per season, proving his worth with strong performances.
Young Drivers and Budget Constraints
Meanwhile, younger drivers such as Oscar Piastri (McLaren), Yuki Tsunoda (RB), and Logan Sargeant (Williams) are on much lower salaries, earning between $2 million and $5 million per year. With budget caps in place, teams are being more strategic with their spending, ensuring they maximize performance while keeping costs in check.
A New Era of F1 Finances
With Hamilton’s record-breaking Ferrari deal, Verstappen’s continued dominance, and rising stars pushing for bigger contracts, the 2025 F1 season isn’t just about racing—it’s also about the battle for financial supremacy. The salaries reflect the evolving landscape of Formula 1, where talent, experience, and marketability play crucial roles in determining a driver’s worth.
As the new season approaches, all eyes will be on how these highly paid stars perform on track. Will Hamilton’s Ferrari gamble pay off? Can Verstappen continue his reign? One thing is certain—Formula 1’s financial stakes are higher than ever.
