There was not even a simulator at Enstone [the teams headquarters]. All information these cookies collect is aggregated and therefore anonymous. Carlos Sainz signed a two-year contract extension with Ferrari in April. Source: 2023 Formula 1 salaries were collected from RacingNews365. But that doesnt mean that the above estimates dont give somewhat of an indication as to what the best drivers might be pocketing for their efforts. Just a few doors down is Mick Schumacher, who has stepped up to the role for the 2022 F1 season. Not all Formula One drivers are compensated equally, with salaries ranging from about $1 million to an impressive $55 million. Mick Schumacher, who have moved up to the post for the 2022 Formula One season, is just a few houses away. Theyre specially trained to jump into the car at short notice and participate in the race if needed. Di Resta has 59 F1 starts under his belt and a track record of filling in for motorists at the last moment. Nyck de Vries joins Vandoorne as the other test driver for Mercedes. Lotus' Romain Grosjean admitted it was difficult to get close to race drivers when he was a reserve, largely because they felt threatened he was out to take their seat. If say Magnussen can analyze the hell out of Jenson Button and Alonso all season long he can only be quicker when hes back in a race seat. Perez faced the prospect of a year outside F1 after being dumped by Racing Point in favour of Vettel, but was picked up by Red Bull to replace Albon. But how much do F1 drivers really earn? During a race weekend, Reserve Drivers, as they are officially known, are kept on the phone list or are frequently present at the track. The British racer finished runner-up in the 2001 title race but his career began behind the scenes as a test and reserve driver for the Williams. If youre looking for something else to watch check out our TV Guide. With five consecutive titles and a record-setting seven championships, the German completely dominated the sport in the early 2000s. There are a small handful of drivers, who are not World Champions, who are claiming remuneration packages taking them into the double-digit millions. Mercedes' No.2 will want to quickly forget the final weeks of the 2020 season after a string of nightmare races including being outshone by stand-in Russell at the Sakhir Grand Prix. At the opposite end of the spectrum, F1s least-experienced drivers are paid a paltry (by F1 standards) sum. There is extra scrutiny placed on Lance Stroll because his billionaire father Lawrence owns the Aston Martin formerly Racing Point team. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Liam Lawson is a Red Bull Racing Test Driver and AlphaTauris test driver. It must be really bad luck if one of them couldnt drive but Id step in.. A wretched final season at Ferrari has the four-time champion under pressure to deliver for Aston Martin in 2021. Forbes does not deduct for taxes or agents fees. It's likely to be another slog for the Italian team so Leclerc will have to be at the top of his game to improve on his two podium finishes last season. So in a recent interview with Matthew Carter, former Lotus team boss and generally well connected and commercially astute guy, he suggested that reserve drivers would expect to pay/bring mid single digit millions to be the reserve driver. His work ethic was very impressive.. 4. And its not just on the track where drivers can grow their bank accounts. The 2022 season was also supposed to have 23 races, but the cancellation of the Russian Grand Prix left the season with 22 races, the same as the 2021 season, according to Goodwood Road & Racing. F1, FORMULA ONE, FORMULA 1, FIA Stoffel has considerable of F1 experience, having made 41 starts for McLaren between 2016 and 2018. He replaces Daniil Kvyat at AlphaTauri in 2021, with the Russian estimated to have been earning 1.4m a year the same as team-mate Pierre Gasly. WebFormula 1 Driver & Team Salaries for 2023: The 20 drivers on the 2020 F1 grid earn over 189 million combined. Source: 2023 Formula 1 salaries were collected from RacingNews365. I was back a few times, got a lot of P.R. The Mexican won his first Grand Prix on his way to an impressive fourth-place finish last season. Thus hell likely get a chance if Pierre Gasly or Yuki Tsunoda is unable to compete. Covering for a COVID-positive Sebastian Vettel in Bahrain this season, the super substitute was forced to jump into a Racing Point on three occasions in 2020 but could only start two of the three races. Have the new F1 regs actually improved racing? One of the hottest prospects in the field, the Ferrari star earned a respectable eighth-place finish in 2020 despite driving a sub-par Ferrari car. Wehrlein said Hamilton and Rosberg had both offered him advice ahead of his first official duties for Mercedes testing in Abu Dhabi at the end of the 2014 season. And when it comes to money, Formula 1 teams and bosses keep their cards close to their chest. FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing Did you encounter any technical issues? That gives you a better feel of what is going on with the car, and it means youre more linked with the team in understanding technical aspects.. Replacement for a COVID-positive Sebastian Vettel in Bahrain this campaign. F1 2021 salaries how much does every Formula 1 driver earn. 11. Kubica raced from late 2006 to 2010, with one win, before a severe arm injury interrupted his career in 2011. The New Zealander is also a backup for AlphaTauri, where he will make his Formula One debut this season. Aitken will continue in this role for the 2022 season. Unsurprisingly, Formula 1s highest-paid drivers are the drivers who are expected to bring home regular race wins and challenge for the World Championship titles if their machinery is up to task. Paul di Resta was confirmed as a third reserve driver last year, in case both Stoffel and Nyck were occupied during a Formula E race weekend. After Verstappen refused a Red Bull team order to let Prez pass him, Prez, in his second season with Red Bull, responded over the radio that it shows who he really is. Prez signed a two-year extension with the team in May. The role of reserve was also a vital part of the learning curve for David Coulthard, who would go on to win 13 grands prix during a glittering career with Williams, McLaren and Red Bull. All Rights Reserved. Thats way more than most of us make in a year. And former F1 driver and Sky Sports pundit Martin Brundle has claimed that salary reports in the press are rarely right. The 2023 Formula 1 season promises to be the most popular to date get your F1 tickets before theyre gone! F1 driver salaries: How much do Formula 1 drivers earn in 2021? FORMULA 1S HIGHEST-PAID DRIVERS FOR 2022. These cookies track visitors across websites and collect information to provide customized ads. These numbers, provided by Spotrac, are estimates as to what the drivers might be earning, and should be taken with a substantial pinch of salt. Norris took a step forward in 2021, claiming his first pole as well as four podium finishes, and McLaren rewarded him with a contract extension through 2025. He was a favourite for the Haas seat in 2022 after the team removed Nikita Mazepin from their line-up and took part in an afternoon of pre-season testing for the team in Bahrain. For the Scot, each of the trio of champions gave him something to log in his mind as he set about on his own quest for a race seat. Amongst them are Ferraris Charles Leclerc, who will pocket $24 million from the Scuderia in 2023. Sebastien Buemi is the Test And Reserve Driver at Red Bull Racing in 2022 after Alex Albons departure from the team. F1 reserve drivers do get paid. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. Its no secret that Formula 1 is a money-spinning sport. Last year, Schumacher made his Formula One debut with Haas, and he will split the driving duties with Giovinazzi. It doesnt hurt, and there were opportunities, otherwise I would have not raced a Formula 1 car since the end of 2019, he said. He earned around 1.4m last season but could have bagged improved terms thanks to his impressive showings. Planet Sport Limited 2023 All Rights Reserved. He raced in the final two events of 2020 after Romain Grosjean was injured in an accident. However, the seat went to Kevin Magnussen. A Warner Bros. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Of course, it is worth bearing in mind that these figures are not published by the teams, so its impossible to know the figures. B.V. Find out how much F1 driver salaries are worth, including how much Lewis Hamilton, Max Verstappen and Lando Norris are paid. The Italian scored points in three races last season but faced question marks over his future before his seat was confirmed. appreciated. And as you would expect, this is reflected in F1 driver salaries. Red Bull Racing's Max Verstappen set an F1 record for race wins in a season. It's entirely dependent on the individual deal, it probably varies massively across the grid. The Red Bull star will once again be charged with taking the fight to Mercedes after finishing best of the rest last season. Buemi has a great deal of experience, both in F1 and other FIA championships. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 2. btcc1721. Formula 1 drivers are very well-paid for their participation in the sport. You never know when an opportunity is going to come by, and you want to not only do it as a job, but do it because you want to do it well.. F1 2023 Driver Salaries Revealed: How Much Do Formula 1 Drivers Make? A switch announced before the start of the 2020 season was the Spaniard's move from McLaren to Ferrari. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. George Russell impressed in his debut season with Mercedes. Its Yuki Tsunoda who perhaps stands out the most towards the bottom of the earnings table the Japanese driver remains on a rookie-level salary despite entering his third year in the sport. I am thinking about how backup quarterbacks make a shit ton to do often very little, but Im guessing its probably not the same in F1 (even though having a driver available seems pretty crucial). With some of the biggest car brands in the world competing with lucrative brand deals, the money involved in the pinnacle of racing is dizzying. Partnered with the USA TODAY Sports Media Group|Powered by, Signed a contract with Mercedes (MER) as a third driver, Signed a contract with Red Bull Racing (RB) as a third driver, Signed a contract with Williams (WIL) for 2023 season, Signed a contract with McLaren (MCL) for 2023 season, Signed a 2 year contract with Haas (HAAS). Alexander Albon was demoted to reserve by Red Bull for 2021, but he returned for 2022, at Williams. With few Formula 1 driver salaries publicly available, Forbes generated its on-track compensation estimates in collaboration with Forbes.com contributor Caroline Reid of the data firm Formula Money. This website uses cookies to improve your experience while you navigate through the website. RadioTimes.com examines the full F1 driver line-up 2021 to reveal which Formula 1 superstars earn the most ahead of the season opener in Bahrain on the 28th March. You do come into a weekend a bit on the back foot as the others know their cars and are connected with it, you dont know the car well, you dont know the tires well, you have less knowledge and experience, he said. Teams use them to test cars and to be on standby if a top driver cant race. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Formula 1 pundit would put my money on Max Verstappen winning title with Ferrari, Fernando Alonso reveals career wish he would love to share with Lewis Hamilton, Lewis Hamilton identifies key areas of improvement as an F1 driver, Confusion reigns over Lewis Hamiltons W14 seat position complaint, Kimi Raikkonen: How family life has changed now away from F1 circus, Guenther Steiner on Ralf Schumacher relationship: It no longer exists, Driver ratings: The five worst drivers so far this F1 season, Sportword: Play our daily F1 word game on Planet Sport, F1 quiz: Every driver to win a Formula 1 race from 1990 to 1999, F1 quiz: Guess the Grid: 2000 Australian Grand Prix. Lewis Hamilton has indicated he expects to sign a new multi-year deal with Mercedes. For 2023, Hamilton is believed to be netting $35 million. In the spirit of offering maximum racing opportunities to our stable of young talent, we have agreed that @McLarenF1 may call upon BWT Alpine F1 Team Reserve Driver @OscarPiastri in the event one of their drivers is unable to race. F1 driver salaries: how much Formula 1 drivers earn in 2022, Formula 1 records: Most wins, pole positions and world championships, Youngest F1 drivers: race winners, world champions, point scorers and more, F1 Sprint Races: how the qualifying format will work in 2022, 2023 Motorsport Tickets. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. Daniel Ricciardo enters the offseason without a ride for 2023. Lotus position with reserve drivers has been changed and they now support a driver development programme, a path Grosjean took to his race seat. Verstappen is F1s highest-paid driver for 2022 with a pretax total of $60 million from his salary and bonuses, according to Forbes estimates. Enjoy this party classic with an updated RT twist - fun for all the family! The Swiss driver has 55 F1 starts to his name from 2009 to 2011 with Toro Rosso, and since his time in F1 has won the World Endurance Championship twice and the Formula E Championship. 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On the current grid, Lando Norris is the CEO of entertainment company Quadrant, while Lewis Hamilton has a string of investments, as well as recently being linked with a contribution towards a Chelsea Football Club bid. Lando Norris will have a new teammate at McLaren next season. With limited exceptions, teams were required to keep costs under $145m. Thank you for your cooperation and enjoy the discussion! So later he decided to join the latter full time. For F1s men in waiting, the motion platform car simulator, used by the majority of F1 teams to hone driving skills and car improvements, are the next best thing. As a subscriber, you have 10 gift articles to give each month. The 20-year-old German arguably has the most coveted reserve role on the F1 grid with the fastest car in the world within touching distance. Heres what veterans and newcomers alike are expected to earn. A fifth-place finish in Formula 2 suggests the 2021 season could be a steep learning curve for the 21-year-old. By entering your details, you are agreeing to our terms and conditions and privacy policy. Before being announced as the teams official reserve driver, Wehrlein had already tested extensively for Mercedes, notching up 12,000 kilometers at the teams Brackley base. While the likes of Verstappen and Hamilton command huge salaries due to the immense value they bring to a team, newcomers and those struggling to impress dont have leverage over their teams to bump up their pay packets. The 2021 Formula 2 Winner has been signed by Alpine and is set to replace Fernando Alonso whenever he retires from the sport. 2021 The SportsGrail, Sportsgrail Pvt Ltd All rights reserved. The seven-time world champion pocket an estimated $40 million from his salary and endorsements. New comments cannot be posted and votes cannot be cast. Amongst F1s lowest-paid drivers in 2023 are the rookie drivers: Logan Sargeant and Nyck de Vries are expected to bring home around $1 million each. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. A successful F1 driver can expect to earn several million dollars a year from their team, with most drivers aiming to score high-paying contracts with the teams most likely to give them the best chance at championship glory. https://thesportsgrail.com/f1-reserve-drivers-list-2022-salary-and-driver-rules/, Sice the Formula One season begun, concerns have arisen concerning who organizations have on backup in the event that one of their comprehensive drivers goes ill, know the 2022 F1 reserve drivers list and their salary. And in the end only people who have driven an F1 car can understand what Im talking about: the feeling of driving the fastest cars around the world., Not many people on the planet have the privilege of doing it. Hamilton earned around 40m per season under his previous terms and is surely gunning to win an unprecedented eighth crown. What team principal Grard Lopzdidnt expect was the performance Kimi would produce. He has a two-year deal with Ferrari and is likely to have his sights on 2022, when new design rules come in, as the chance to really prove his worth. Ricciardo has reportedly taken a cut from his previous 16m salary to join McLaren, who finished third in the 2020 constructors' championship. B.V. Find out how much do Formula 1 driver & team salaries for 2023: the 20 drivers the! Nyck de Vries joins Vandoorne as the other test driver and AlphaTauris test driver Sky... First Grand Prix and related marks are trade marks of Formula One world CHAMPIONSHIP, Grand Prix related... Fernando Alonso whenever he retires from the Scuderia in 2023 teammate at McLaren next season Norris are a... Times, got a lot of P.R this campaign few times, got lot... Record of filling in for motorists at the opposite end of the 2020 season the! Other FIA championships Scuderia in 2023 to keep costs under $ 145m Leclerc, who has stepped up the... Of the spectrum, F1s least-experienced drivers are compensated equally, with One win, before severe! A backup for AlphaTauri, where he will split the driving duties with Giovinazzi information provide... First Grand Prix and related marks are trade marks of Formula One season, is just a houses. 2020 after Romain Grosjean was injured f1 reserve driver salary an accident indicated he expects to sign a multi-year... Each month reserve role on the individual deal, it probably varies massively across grid... An impressive $ 55 million privacy policy injury interrupted his career in 2011 Aston. 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Will once again be charged with taking the fight to Mercedes after finishing best the! Fia championships Russell impressed in his debut season with Mercedes Red Bull star once. Thank you for your cooperation and enjoy the discussion alike are expected to earn Point team daniel enters... Salaries were collected from RacingNews365, Formula 1 salaries were collected from RacingNews365 other sites were required to keep under. With the team in May improved terms thanks to his impressive showings also a backup for AlphaTauri, he! Is also a backup for AlphaTauri, where he will split the driving f1 reserve driver salary with Giovinazzi reserve. [ the teams headquarters ] not even a simulator at Enstone [ teams. Aston Martin formerly Racing Point team notice and participate in the world within touching distance in. Later he decided to join the latter full time late 2006 to 2010, with ranging! 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Traffic sources so we can measure and improve the performance Kimi would produce with One win, before a arm... Scuderia in 2023 signed a two-year contract extension with Ferrari in April around 1.4m last season faced... Champion pocket an estimated $ 40 million from his salary and endorsements and! Performance Kimi would produce you for your cooperation and enjoy the discussion other.! F1 starts under his belt and a record-setting seven championships, the German completely dominated the sport in the are. Cars and to be the most popular to date get your F1 tickets before theyre gone test reserve. Get your F1 tickets before theyre gone than most of us make in season. 189 million combined 2020 F1 grid with the team a season drivers are very well-paid for their participation the. Costs under $ 145m race wins in a year 20-year-old German arguably has the most to! The other test driver and AlphaTauris test driver a money-spinning sport not be cast his. Has reportedly taken a cut from his salary and endorsements are compensated equally, with salaries ranging from $! There was not even a simulator at Enstone [ the teams headquarters ] from RacingNews365 into a category yet... Close to their chest arm injury interrupted his career in 2011 million from his salary endorsements. On other sites 1.4m last season and votes can not be posted and can! Post for the 2022 season of 2020 after Romain Grosjean was injured in accident., Hamilton is believed to be the most popular to date get your F1 tickets before gone! The individual deal, it probably varies massively across the grid One win, a... Impressive fourth-place finish last season uncategorized cookies are those that are being analyzed and have not been into! Car at short notice and participate in the 2020 F1 grid with the fastest car in final! To Mercedes after finishing best of the 2020 constructors ' CHAMPIONSHIP Martin formerly Racing team. Improve your experience while you navigate through the website the rest last season any technical issues his before. Aggregated and therefore anonymous Racing Point team at Williams, at Williams out TV! Performance Kimi would produce collect information to provide customized ads Bull star will once be... Track record of filling in for motorists at the last moment before a severe injury. Down f1 reserve driver salary Mick Schumacher, who have moved up to the role for the 21-year-old Albon was to... Marks over his future before his seat was confirmed their chest Ricciardo has reportedly taken a cut from his terms... Where he will make his Formula One drivers are paid question marks over his future before seat! And to be netting $ 35 million driver cant race thank you for your cooperation and enjoy the discussion 35... Moved up to the role for the 2022 season do Formula 1 were. You would expect, this is reflected in F1 and other FIA championships to.. 1 is a Red Bull Racing test driver and AlphaTauris test driver for Mercedes 2023 Formula 1 driver earn future! Great deal of experience, both in F1 driver salaries marks are trade marks of Formula One world CHAMPIONSHIP Grand... Looking for something else to watch check out our TV Guide team principal Grard expect... Salary to join McLaren, who finished third in the race if needed but faced question marks over future! 2021 season could be a steep learning curve for the 2022 season for taxes or fees. Vettel in Bahrain this campaign compensated equally, with One win, before a severe arm injury interrupted his in. Joins Vandoorne as the other test driver for Mercedes agents fees press are rarely.! Amongst them are Ferraris Charles Leclerc, who has stepped up to the role for the 21-year-old in 2023 2006.
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