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Every F1 driver’s 2025 salary revealed as Lewis Hamilton receives huge pay increase at Ferrari

Home> F1

Updated 10:09 18 Feb 2025 GMTPublished 08:52 18 Feb 2025 GMT

Every F1 driver’s 2025 salary revealed as Lewis Hamilton receives huge pay increase at Ferrari

The formula one driver salaries for 2025 have been revealed including details of Lewis Hamilton's expected earnings at new team Ferrari.

Ben McCrum

Ben McCrum

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Featured Image Credit: Getty

Topics: Max Verstappen, Lewis Hamilton, Ferrari, Formula 1

Ben McCrum
Ben McCrum

Ben is a sports journalist who specialises in football, Formula One and MMA. He has written for publications such as Manchester Evening News, WiganToday, Manchester World and beIN Sports. Throughout his career, he has interviewed top athletes including Gareth Southgate, Luke Littler, Tom Aspinall and Jenson Button.

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The salaries of all 20 drivers on the Formula One grid have been revealed ahead of the start of the 2025 season.

It's just three weeks until the 2025 F1 season gets underway in Melbourne, and fans are eager to learn every single detail they can before the lights go out for the first race of the season.

Ahead of the season, several new drivers have joined the grid, while veterans like Lewis Hamilton and Carlos Sainz Jr made huge moves to other teams, meaning there were several new deals signed for 2025.

And now, some of the details of these new contracts have emerged, as the salaries of all 20 drivers have reportedly been revealed.

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F1 drivers are widely regarded as some of the highest paid athletes in the world of sports, with many of them living in the luxurious Monte Carlo.

It therefore comes as no surprise that almost every driver on the gird is comfortably earning more than £1million as their base salaries this season, with many earning significantly more.

As expected, after winning the last four titles, it is Max Verstappen who leads the way for expected earnings in 2025, as he is reportedly earning a massive £65m at Red Bull.

The Dutchman is closely followed by former rival Hamilton who, after securing a shock move from Mercedes to Ferrari, earned himself a nice pay rise of £15m with a total base salary of £60m.

F1 Fans are eagerly anticipating Lewis Hamilton's first race as a Ferrari driver. (Image: Getty)
F1 Fans are eagerly anticipating Lewis Hamilton's first race as a Ferrari driver. (Image: Getty)

Once various bonuses and several off-track deals are added to his base salary, it is believed that his total income will be around $100million (£79.24m).

Full list of Formula 1 base salaries for 2025 via Racing News 365:

Max Verstappen, Red Bull Racing - £65 million

Lewis Hamilton, Scuderia Ferrari - £60 million

Charles Leclerc, Scuderia Ferrari - £34 million

Lando Norris, McLaren- £20 million

Fernando Alonso, Aston Martin- £20 million

George Russell, Mercedes- £15 million

Carlos Sainz, Williams Racing - £10 million

Pierre Gasly, Alpine - £10 million

Alexander Albon, Williams Racing - £8 million

Nico Hulkenberg, Kick Sauber - £7 million

Esteban Ocon, Haas F1 - £7 million

Oscar Piastri, McLaren - £6 million

Lance Stroll, Aston Martin - £3 million

Gabriel Bortoleto, Kick Sauber - £2 million

Yuki Tsunoda, Visa Cash App RB - £2 million

Andrea Kimi Antonelli, Mercedes- £2 million

Oliver Bearman, Haas F1 - £1 million

Liam Lawson, Red Bull Racing - £1 million

Jack Doohan, Alpine - £0.5-1 million

Isack Hadjar, Visa Cash App RB - £0.5-1 million

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