How much do F1 drivers earn? Formula 1 salaries in full show Lewis Hamilton earns £10m more than Sebastian Vettel
Unsurprisingly the British star and five-time world champion leads the way with 300 times more than the lowest-paid driver
FORMULA ONE is renowned for its glitz, glamour and money.
The sport’s biggest names are often dressed head-to-toe in expensive designer clothing and drive the best cars on and off the track.
And they earn the big bucks to match – well some of them.
Lewis Hamilton is unsurprisingly on pole when it comes to the pay packets for the 20 drivers.
His salary stands at a staggering £40million per year after signing a new deal until the end of the 2020 season in July of last year – making him Britain’s highest-paid sportsman.
His closest rival – both on the track and in terms of salary – is Sebastian Vettel.
But the German is well off the pace, almost £10m behind the British five-time champion.
Daniel Ricciardo, who has joined Renault from Red Bull for the upcoming season, completes the podium in third.
The Australian’s new two-year contract with the French side will see him pocket a tasty £26.5m.
And the front three are well ahead of the chasing pack.
Ricciardo’s former team-mate Max Verstappen is the best of the rest, raking in £10m – not bad for a 21 year old.
But despite the millions for the sport’s biggest stars, the lesser-known drivers take home a fraction of what their rivals do.
Toro Rosso’s Alexander Albon is the lowest-paid F1 racer, earning £130,000 per year while George Russell is paid just £10,000 more by Williams.
It means top dog Hamilton earns 307 times more than Albon, highlighting the huge – frankly startling – gulf between the sport’s elite and the rest.