• Loading stock data...
Monday, February 24, 2025

Verstappen Formula 1’s Top Earner

  • Max Verstappen has topped Lewis Hamilton in one more category: salary.
  • Hamilton makes up the gap with endorsements.
Max Verstappen surrounded by photographers after winning Formula 1 race
Jerome Miron-USA TODAY Sports

Max Verstappen is Formula 1’s highest-paid driver — though rival Lewis Hamilton makes up the gap off the track.

Red Bull’s Verstappen, who wrapped up his second consecutive driver’s championship on Sunday, booked $60 million in 2022, with $20 million coming from bonuses, according to Forbes.

  • Mercedes’ Hamilton earned $55 million, all of which came from his regular salary with no bonus money.
  • Alpine’s Fernando Alonso brought in $30 million, despite a ninth-place finish in the standings, followed by Verstappen’s teammate Sergio Perez ($26 million, third place in standings), and Ferrari’s Charles Leclerc ($23 million, second place).
  • The biggest gap between teammates was between Hamilton and George Russell, who earned $10 million, including $7 million from bonuses, making him the 10th-highest paid driver. Russell finished fourth in the standings to Hamilton’s sixth.

Retiring legend Sebastian Vettel and Daniel Ricciardo, whose contract with McLaren is being terminated early, tied for sixth in earnings with $17 million. Ferrari’s Carlos Sainz, eighth with $15 million, and McLaren’s Lando Norris, $11 million, filled out the top 10.

Off the Grid

While Forbes’ tabulation only included salaries and bonuses from drivers’ F1 teams, Hamilton brings in an estimated $8 million through endorsements and investments. The revered driver’s deals include ones with IWC, Monster Energy, Puma, and, naturally, Mercedes-Benz.

He also owns a stake in the Denver Broncos and launched a film and TV production company called Dawn Apollo Films.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Lurie Not Interested in Celtics; Considering Eagles Stadium Options

The Eagles owner has been reported as a potential Celtics bidder.
Feb 3, 2025; New Orleans, LA, USA; NFL commissioner Roger Goodell speaks during a press conference ahead of Super Bowl LIX at New Orleans Saints Locker Room.

Goodell: 18-Game NFL Season Not on Table Until CBA Talks Begin

Goodell won’t negotiate an 18-game season until collective bargaining talks begin.
Aug 22, 2023; Houston, Texas, USA; Boston Red Sox manager Alex Cora (13) talks with home plate umpire Pat Hoberg as Houston Astros starting pitcher Justin Verlander (35) adjusts his PitchCom device during the second inning at Minute Maid Park.

MLB Fires Umpire Pat Hoberg: Third Gambling Scandal in Under a Year

The league terminates the umpire for failing to uphold the game’s integrity.

Super Bowl LIX Eyes TV Ratings Record With Nielsen Expansion

The measurement agency expands its capabilities to count out-of-home viewing.

Featured Today

‘Ultimate Throwback’: The Unimpeachable Cool of Hartford Whalers Gear

Nostalgia and street cred have driven a consistent frenzy for merch.
January 20, 2024; Santa Clara, CA, USA; Kristin Juszczyk, wife of San Francisco 49ers fullback Kyle Juszczyk (44), before a 2024 NFC divisional round game against the Green Bay Packers at Levi's Stadium.
February 1, 2025

The New WAGs: Sports Wives Building Business Empires

Athletes’ wives and girlfriends are bucking stereotypes and cashing in.
Feb 3, 2019; Berkeley, CA, USA; California Golden Bears mascot dances on the court during a stoppage in play in the second half against the Stanford Cardinal at Haas Pavilion.
January 31, 2025

The Toll of Bicoastal Travel on New ACC Members Cal and Stanford

Cal and Stanford face missed flights, chaotic sleep schedules, and academic demands.
January 28, 2025

It’s Starting to Pay to Be Good at Cornhole

American Cornhole League players made $7.7 million in 2024.
Sep 29, 2024; Brooklyn, New York, USA; Las Vegas Aces center A'ja Wilson (22) dribbles the ball against New York Liberty forward Jonquel Jones (35) during game one of the 2024 WNBA Semi-finals at Barclays Center.

A’ja Wilson’s Star Continues to Rise With Release of Nike Shoe

Shoe deals have picked up alongside growing popularity of the WNBA.
Doncic and Davis
February 2, 2025

Mavs, Lakers Swap Luka Doncic for Anthony Davis in League-Shaking Deal

Other picks and players are on the move in the seismic deal.
Dec 8, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers head coach Mike Tomlin (left) and Cleveland Browns defensive end Myles Garrett (95) talk after playing at Acrisure Stadium.
February 3, 2025

Myles Garrett Seeks Trade Ahead of Massive Extension Coming

The Browns star asked for a trade Monday after a 3–14 season in Cleveland.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
January 31, 2025

NBA’s Bet on Victor Wembanyama Validated by Early All-Star Selection

Wembanyama is in his second season.
Cincinnati Reds shortstop Elly De La Cruz (44) plays a ground ball off the bat of Pittsburgh Pirates second base Nick Yorke (38) in the second inning of the MLB National League Game between the Cincinnati Reds and the Pittsburgh Pirates at Great American Ball Park in downtown Cincinnati on Sunday, Sept. 22, 2024. The Pirates led 1-0 after four innings.
January 30, 2025

MLB Betting on Elly De La Cruz As a Future Face of..

The 23-year-old phenom is featured in two new marketing campaigns.
Jan 30, 2025; Washington D.C., USA; An Alexandria Fire Department crew departs the Metropolitan Police Department Harbor Patrol facility on its way to the site of the crash between an American Airlines passenger jet and an Army Black Hawk helicopter above Ronald Reagan Washington National Airport in Arlington, VA., on Jan. 29, 2025..
January 30, 2025

U.S., Russian Figure Skaters Killed in Washington Plane Crash

The skaters were returning to Washington from a camp in Kansas.