Formula One is back this weekend for the 2024 season opener in Bahrain, and the reported salaries of the 20 drivers have been revealed.
F1 is branded is widely regarded as one of the most exclusive sports in the world, with almost all of the current drivers residing in the luxurious yacht haven of Monte Carlo.
With only 20 drivers on the grid, there is no surprise in learning they are extremely well paid for their services and 2024 has seen some drivers receive a huge pay rise.
Some notable rises include Charles Leclerc, Lando Norris, and George Russell who all signed new contracts ahead of the 2024 season.
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There is no surprise who leads the way when it comes to base salary, as Max Verstappen who is reportedly earning a massive £55 million at Red Bull.
Verstappen will also take home a significant amount from his personal deals with the likes of EA Sports and Heineken, but the Dutchmen might struggle to find time to spend his fortune with a record-breaking 24 race season on the horizon.
Full list of Formula 1 base salaries for 2024 via Racing News 365:
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Max Verstappen, Red Bull Racing- £55 million
Lewis Hamilton, Mercedes- £45 million
Charles Leclerc, Scuderia Ferrari- £34 million
Lando Norris, McLaren- £20 million
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George Russell, Mercedes- £18 million
Fernando Alonso, Aston Martin- £18 million
Checo Perez, Red Bull Racing- £14 million
Carlos Sainz, Scuderia Ferrari- £12 million
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Valtteri Bottas, Stake F1 Team- £10 million
Daniel Ricciardo, Visa Cash App RB- £7 million
Esteban Ocon, Alpine- £6 million
Pierre Gasly, Alpine- £6 million
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Oscar Piastri, McLaren- £6 million
Kevin Magnussen, Haas F1- £5 million
Alexander Albon, Williams Racing- £3 million
Lance Stroll, Aston Martin- £3 million
Nico Hulkenberg, Haas F1- £2 million
Guanyu Zhou, Stake F1 Team- £2 million
Yuki Tsunoda, Visa Cash App RB- £1 million
Logan Sargeant, Williams Racing- £1 million
Featured Image Credit: GettyTopics: Charles Leclerc, Lando Norris, George Russell, Max Verstappen, Formula 1