2016 Formula 1 driver salaries

2016 Formula 1 driver salaries

In the wake of Lewis Hamilton grabbing headlines for being the richest sports person in Britain – for his fortune which is estimated to be around $150 million – we reveal the top earners in Formula 1.

On paper quadruple world champion Sebastian Vettel is the highest paid Formula 1 driver in 2016 with a record three year deal with Ferrari worth $150 million, excluding bonuses, which also makes him one of the highest paid sportsman in the world.

Next up is Fernando Alonso who signed record three year deal (2015-2017) with McLaren-Honda and has an annual salary of $40 million a year.

Hamilton has a three year deal with Mercedes worth $31 million a-year guaranteed salary, plus up to $10 million per annum in bonuses making him the third highest paid driver in the sport.

Jenson Button signed a one year extension with McLaren-Honda to remain with the team in 2016. The 2009 world champion is banking around $12 million a year, which is a pay cut compared to 2013 when he was earning $17 million a year.

Runaway championship leader Nico Rosberg, banks $15.5 million per year, which is almost a third less than his Mercedes teammate Hamilton.

Top 5 drivers:


Related Post

Honda and Ferrari upgrade Formula 1 engines ahead of Canadian GP
views 57
Ferrari and Honda are poised for a mid-season engine upgrade, Motorsport.com can reveal, after it emerged on Monday that they had both used developmen...
Cristiano Ronaldo, Messi & Neuer make three-man Ballon d’Or shor...
views 50
Fifa and France Football have revealed the names of the three candidates who will fight it out for the prize Cristiano Ronaldo, Lionel Messi and Manu...
Miami Open: Roger Federer beats Rafael Nadal
views 18
Roger Federer continued his recent mastery of Rafa Nadal when he beat his great rival 6-3 6-4 in the final of the Miami Open on Sunday. Federer, peerl...
WATCH HIGHLIGHTS: Granada 1-4 Barcelona
views 18
Despite Lionel Messi's absence through suspension, Barcelona did enough to beat Granada 4-1 and remain in LaLiga's title race.
Lewis Hamilton fastest as Nico Rosberg crashes at Australian GP
views 52
Nico Rosberg crashed his Mercedes in second practice at the season-opening Australian Grand Prix. The bad start to his campaign was emphasised as team...