Max Verstappen remains the highest-paid Formula 1 driver for the 2026 season, earning an estimated $70 million annually. Ferrari fields one of the grid's most expensive driver pairings with Lewis Hamilton and Charles Leclerc. These figures, based on estimates, highlight the sport's financial growth amid rising driver earnings.
Formula 1's financial landscape continues to expand, as evidenced by projected driver salaries for the 2026 season. According to estimates from RacingNews365, Red Bull's Max Verstappen leads the pack with an annual salary of approximately $70 million, secured under a contract that extends through 2028. This positions him well ahead of his peers, reflecting his status as a dominant force in the sport.
Ferrari stands out for its investment in talent, pairing Lewis Hamilton, who joined the team in a major move, with long-term partner Charles Leclerc. Hamilton is set to earn about $60 million per season, while Leclerc receives roughly $34 million through 2028. This combination makes Ferrari's duo one of the costliest in F1 history, underscoring the Italian outfit's commitment to challenging for titles.
Other top earners include Mercedes' George Russell at $34 million annually and McLaren's Lando Norris at an estimated $30 million. Aston Martin's veteran Fernando Alonso commands around $20 million per season. Midfield drivers like Carlos Sainz and Oscar Piastri are both projected at $13 million, with Pierre Gasly, Alex Albon, and Lance Stroll in the $12 million range. Further back, Sergio Pérez, Nico Hülkenberg, and Esteban Ocon earn between $7 million and $8 million.
Rookies and emerging talents start lower on the scale. Kimi Antonelli and Gabriel Bortoleto are estimated at $2 million each, while Oliver Bearman and Liam Lawson hover near $1 million. Newcomer Arvid Lindblad is expected to earn under $1 million on his debut contract, similar to Franco Colapinto despite his prior race experience.
These salaries represent base team pay and are unofficial estimates. Actual earnings can rise significantly through performance bonuses, sponsorships, and commercial deals, further boosting drivers' incomes in F1's lucrative environment.
