The Highest Paid F1 Drivers Of 2022

Who is the highest paid F1 driver in 2022? The F1 drivers who make the most money are typically the best racers in the sport. To get to the level of earning millions of dollars, the best F1 drivers must train relentlessly, compete at the highest level, and win lots of races. Formula One drivers who earn the most money are true international superstars who live impossibly luxurious lives on and off the track. Who is the highest paid Formula One driver in the world right now? Who are the richest F1 drivers? How much do F1 drivers make?

British racing legend Lewis Hamilton takes home the most money in Formula One earnings, putting him among the highest paid athletes of all time. Racing stalwarts Fernando Alonso and Sebastian Vettel are among the 2022 highest paid Formula One drivers. Young star racers Max Verstappen and Daniel Ricciardo earn big F1 money for their talents as well.

Check out all the highest paid F1 drivers below and come back throughout the F1 season to see how each driver's earnings stack up!

Photo: Lewis Hamilton / Instagram

  • 2022 Salary: $39,233,775

    Sir Lewis Carl Davidson Hamilton (born 7 January 1985) is a British racing driver. He currently competes in Formula One for Mercedes, having previously driven for McLaren from 2007 to 2012. In Formula One, Hamilton has won a joint-record seven World Drivers' Championship titles (tied with Michael Schumacher), and holds the records for the most wins (103), pole positions (103), and podium finishes (182), among others.
    • Birthplace: Stevenage, England
    • Nationality: England
    • Team: Mercedes
  • Max Verstappen
    Photo: Red Bull Racing

    2022 Salary: $24,661,230

    Max Emilian Verstappen (born 30 September 1997) is a Belgian-Dutch racing driver and the 2021 Formula One World Champion. He competes under the Dutch flag in Formula One with Red Bull Racing. He is the son of former Formula One driver Jos Verstappen. At the age of 18, he won the 2016 Spanish Grand Prix on his debut for Red Bull Racing, becoming the youngest-ever driver and the first Dutch driver to win a Formula One Grand Prix. He finished the 2019 and 2020 championships in third place. After winning the 2021 Abu Dhabi Grand Prix, he became the first Dutch driver to win the Formula One World Championship, and the 34th Formula One World Drivers' Champion. As of the 2021 Abu Dhabi Grand Prix, ...more
    • Birthplace: Hasselt, Belgium
    • Nationality: Belgian-Dutch
    • Team: Red Bull Racing
  • Fernando Alonso
    Photo: Box Repsol / Flickr / CC-BY 2.0

    2022 Salary: $19,616,887

    Fernando Alonso Díaz (born 29 July 1981) is a Spanish racing driver currently competing for Alpine in Formula One. He won the series' World Drivers' Championship in 2005 and 2006 with Renault, having also driven for McLaren, Ferrari, and Minardi. With Toyota, Alonso has won the 24 Hours of Le Mans twice, in 2018 and 2019, and the FIA World Endurance Championship in 2018–19, whilst winning the 24 Hours of Daytona with Wayne Taylor Racing in 2019. At the time of his sabbatical, Alonso had won 32 Grands Prix, 22 pole positions, and 1,899 points from 311 starts. He is currently the only Spanish Formula One driver to have won either a Grand Prix or the World Championship. Alonso won the 2001 ...more
    • Birthplace: Oviedo, Asturias, Spain
    • Nationality: Spain
    • Team: Alpine-Renault
  • Daniel Ricciardo
    Photo: mclaren / Instagram

    2022 Salary: $14,350,000

    Daniel Joseph Ricciardo (born July 1, 1989) is an Italian-Australian racing driver for Red Bull Racing. He last raced in Formula One driving for McLaren, under the Australian flag. He made his debut at the 2011 British Grand Prix with the HRT team as part of a deal with Red Bull Racing, for whom he was test driving under its sister team Scuderia Toro Rosso. He has achieved 8 Grand Prix victories in Formula One. In his first season with Red Bull under Renault power, Ricciardo finished third in the championship with his first three Formula One wins, in Canada, Hungary, and Belgium.
    • Birthplace: Perth, Western Australia, Australia
    • Nationality: Australian
    • Team: Red Bull Racing
  • Sebastian Vettel
    Photo: astonmartinf1 / Instagram

    2022 Salary: $14,350,000

    Sebastian Vettel (born July 3, 1987) is a German racing driver who competed in Formula One from 2007 to 2022 for BMW Sauber, Toro Rosso, Red Bull, and Ferrari. Vettel won four World Drivers' Championship titles, which he won consecutively from 2010 to 2013. Vettel is the youngest World Champion in Formula 1. He also has the third-most race victories (53) and podium finishes (122) and fourth-most pole positions (57). He started his Formula One career as a test driver for BMW Sauber in 2006, making a one-off racing appearance in 2007. Part of the Red Bull young-driver program, Vettel appeared for Toro Rosso later that year and was kept as a full-time driver for 2008. Vettel was promoted to ...more
    • Birthplace: Heppenheim, Germany
    • Nationality: Germany
    • Team: Aston Martin, Ferrari, Red Bull, Toro Rosso, BMW Saber
  • Charles Leclerc
    Photo: Gil Zetbase / CC-BY-SA 4.0

    Charles Leclerc

    2022 Salary: $11,593,000

    Charles Marc Hervé Perceval Leclerc (born 16 October 1997) is a Monégasque racing driver, currently driving in Formula One for Ferrari. Leclerc won the GP3 Series championship in 2016 and the FIA Formula 2 Championship in 2017.Leclerc made his Formula One debut in 2018 for Sauber, a team affiliated with Ferrari, for which he was part of Ferrari Driver Academy. With Sauber having finished last the year before, Leclerc led the charge to improve the finishing position in the constructors' championship to eighth, being the highest ranked of the two Sauber drivers. Leclerc agreed on a contract with Ferrari for the 2019 season where he is driving alongside Sebastian Vettel. Leclerc became the ...more
    • Birthplace: Pontoise, France
    • Nationality: France, French First Republic
    • Team: Ferrari