Max Verstappen was the highest-paid Formula 1 driver in 2023, earning around 25 million U.S. dollars in bonuses on top of a salary of 45 million U.S. dollars. In the same year, Lewis Hamilton earned a salary of around 55 million U.S. dollars.
Formula One drivers with the highest annual earnings in 2023
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Forbes. (November 29, 2023). Formula One drivers with the highest annual earnings in 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved February 13, 2025, from https://www.statista.com/statistics/1255926/formula-one-salaries/?__sso_cookie_checker=failed
Forbes. "Formula One drivers with the highest annual earnings in 2023 (in million U.S. dollars)." Chart. November 29, 2023. Statista. Accessed February 13, 2025. https://www.statista.com/statistics/1255926/formula-one-salaries/?__sso_cookie_checker=failed
Forbes. (2023). Formula One drivers with the highest annual earnings in 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 13, 2025. https://www.statista.com/statistics/1255926/formula-one-salaries/?__sso_cookie_checker=failed
Forbes. "Formula One Drivers with The Highest Annual Earnings in 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Nov 2023, https://www.statista.com/statistics/1255926/formula-one-salaries/?__sso_cookie_checker=failed
Forbes, Formula One drivers with the highest annual earnings in 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1255926/formula-one-salaries/?__sso_cookie_checker=failed (last visited February 13, 2025)
Formula One drivers with the highest annual earnings in 2023 (in million U.S. dollars) [Graph], Forbes, November 29, 2023. [Online]. Available: https://www.statista.com/statistics/1255926/formula-one-salaries/?__sso_cookie_checker=failed