The seven-time world champion featured in 8th on Forbes list of highest-paid athletes in 2021. Replacement for a COVID-positive Sebastian Vettel in Bahrain this campaign. Lando Norris is likely to see his earnings rise in the future if he continues his progress up the grid. Robert Kubica, a reserve driver for Alfa Romeo, last September at the Italian Grand Prix, where he raced for Kimi Raikkonen. You never wish that. Fellow rookie Oscar Piastri has managed to secure a $2 million salary, but comes into F1 off the back of a contract war between Alpine and McLaren, as well as securing the 2021 Formula 2 title. Verstappen is F1s highest-paid driver for 2022 with a pretax total of $60 million from his salary and bonuses, according to Forbes estimates. Aitken will continue in this role for the 2022 season. Last year, Paul di Resta was announced as a third test driver in the event so both Stoffel and Nyck became unavailable for a Formula E racing season. Sometimes, a reserve gets promoted. Formula 1 granted access to hold Las Vegas Grand Prix on iconic Strip through 2032, countries of origin, sponsors and car numbers, Your California Privacy Rights/Privacy Policy, Max Verstappen, Belgium (#1) - $55 million, Charles LeClerc, Monaco (#16) - $24 million, Carlos Sainz Jr., Spain (#55) - $12 million, Oscar Piastri, Australia (#81) - $2 million, Valtteri Bottas, Finland (#77) - $10 million, Fernando Alonso, Spain (#14) - $5 million, Kevin Magnussen, Denmark (#22) - $5 million, Nico Hlkenberg, Germany (#27) - $2 million, Nyck de Vries, Netherlands (#21) - $2 million, Alex Albon, U.K./Thailand (#23) - $3 million, May 21 - Qatar Airways Gran Premio del Made in Italy e Dell'emilia-Romagna, July 23 - Qatar Airways Hungarian Grand Prix, Sept.17 - Singapore Airlines Singapore Grand Prix, Oct. 22 - Lenovo United States Grand Prix, Oct. 29 - Gran Premio de la Ciudad de Mxico, Nov.5 - Rolex Grande Prmio de So Paulo, Nov. 18 - Heineken Silver Las Vegas Grand Prix, Nov. 26 - Etihad Airways Abu Dhabi Grand Prix. Reserve riders have relied on a lot since the outbreak. Valtteri Bottas, who left Mercedes to join Alfa Romeo on a long-term deal at the end of 2021, is on $10 million a year, while Max Verstappens teammate Sergio Perez will be paid $10 million in 2023. Michael Schumacher is thought to be the highest-paid Formula 1 driver of all-time, as well as one of the highest-earning sportspeople ever. Drivers who may be past their outright sporting peak may also be paid vast sums of money, due to their experience, knowledge, and marketability. Last year, Schumacher made his Formula One debut with Haas, and he will split the driving duties with Giovinazzi. Sergio Perez (USD$3,420,000) Red Bull Racing driver Sergio Perez rounds out the top 10 highest earning F1 drivers for 2021, with a reported salary of USD$3.42 million. Even so, Formula 1s star drivers have reason to believe their paydays will keep rising, and its not just that the series is growing. Alonso was set to get his first test session with his new team in Abu Dhabi after Sundays season finale. I am thinking about how backup quarterbacks make a shit ton to do often very little, but Im guessing its probably not the same in F1 (even though having a driver available seems pretty crucial). And his price tag matched his celebrity. I have to see myself as lucky.. A Warner Bros. Hamilton earned around 40m per season under his previous terms and is surely gunning to win an unprecedented eighth crown. WebFormula 1 Driver & Team Salaries for 2023: The 20 drivers on the 2020 F1 grid earn over 189 million combined. Alpines Fernando Alonso, the last driver to finish above Hamilton on the earnings leaderboard, comes in at No. The F1 wage payers are often reluctant to reveal the official figures, and then there is sponsorship to factor in. For F1s men in waiting, the motion platform car simulator, used by the majority of F1 teams to hone driving skills and car improvements, are the next best thing. It's all change for the popular Aussie after two years with Renault. One of the hottest prospects in the field, the Ferrari star earned a respectable eighth-place finish in 2020 despite driving a sub-par Ferrari car. Without Sebastian Vettel, Daniel Ricciardo and Mick Schumacher in the 2023 season, there are some new faces in the racing game. It is a similar situation for Esteban Gutierrez, who was released by Sauber but is back in the F1 paddock as Ferrari's reserve driver. 2. Brand deals, corporate appearances, investments and merchandise can all contribute. With few Formula 1 driver salaries publicly available, Forbes generated its on-track compensation estimates in collaboration with Forbes.com contributor Caroline Reid of the data firm Formula Money. Ricciardo has reportedly taken a cut from his previous 16m salary to join McLaren, who finished third in the 2020 constructors' championship. Nico Hulkenberg, most notably, filled in for both Racing Point drivers when they tested positive for COVID-19 in 2020 and returned in Bahrain this year to cover for Sebastian Vettel at Aston Martin. Hlkenberg sees no drawbacks to being a reserve. But how much do F1 drivers really earn? He raced in the final two events of 2020 after Romain Grosjean was injured in an accident. Vettel's expected salary with his new team represents a huge drop from his 37m-per-year earnings with the Prancing Horse. His contract runs through next season, and he indicated this fall that he expects to sign a new multi-year deal with Mercedes, tamping down speculation that he might retire. The two-time world champion is back in Formula 1 after a two-year absence. Off-track compensation, including endorsements, is not included in this ranking. Normally nothing happens, Pascal Wehrlein, understudying for double world champion Lewis Hamilton and Nico Rosberg as reserve driver for world champions Mercedes, told CNN. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. The reserve drivers are usually the stand-ins for the full-time drivers if they are unable to race in any particular event with a Super License required to take part in F1 races. Williams reserve Jack Aitken got his F1 debut during the 2020 Sakhir Grand Prix when he replaced George Russell. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. You take all the information you can, he explained. Prost was so different. He also notched his first career win, at the British Grand Prix in July. Esteban Ocon lost his seat at Force India, spent the next year as a Mercedes reserve and returned in 2020 with Renault, now Alpine. As a Red Bull Racing Reserve Driver, Liam Lawson is also AlphaTauris reserve driver and its likely hell be given a shot if either Pierre Gasly or Yuki Tsunoda cannot race. One of the listed exceptions to the cost cap is racing driver salaries and fees. Equity release is one option retirees looking to boost their retirement incomes might consider. If say Magnussen can analyze the hell out of Jenson Button and Alonso all season long he can only be quicker when hes back in a race seat. George Russell impressed in his debut season with Mercedes. He has not won a race since the Singapore Grand Prix in 2019 but, with a quick car at his disposal, hopes are high for a return towards the front rows of the grid. As the 2021 Formula 2 Champion, the Aussie has been snapped up by Alpine and is expected to fill the seat of Fernando Alonso once he departs F1 again. Heres what veterans and newcomers alike are expected to earn. This figure reduced to $140 in 2022, and will decrease further to $135m in 2023. Updated You want to get into the car at the beginning of the season and do every race, not just one race. From 2009 to 2011, the Swiss driver competed in 55 Formula One races with Toro Rosso, winning the World Speed Trophy twice as well as the Formula E Champion once. Lotus' Romain Grosjean admitted it was difficult to get close to race drivers when he was a reserve, largely because they felt threatened he was out to take their seat. And when it comes to money, Formula 1 teams and bosses keep their cards close to their chest. Stoffel has considerable of F1 experience, having made 41 starts for McLaren between 2016 and 2018. Before being announced as the teams official reserve driver, Wehrlein had already tested extensively for Mercedes, notching up 12,000 kilometers at the teams Brackley base. Ferrari doesnt have to look far to find a replacement for one of its backup drivers. For now, though, he acts as the teams official Reserve Driver and an option for McLaren if they need it. This means teams are free to pay their star drivers as much as they can afford with no limits. The exact job depends on the team, but usually involves testing the car on the simulator, driving during testing and practices, and media and marketing duties. Kubica raced from late 2006 to 2010, with one win, before a severe arm injury interrupted his career in 2011. It was like he was really minimizing his time in car to get the most from it when in there. After takng part as a sub driver in NL and IT GP last year Robert has currently 99GP under his belt , Heres The Reserve Driver For Each F1 Team In 2022. Ricciardo was signed with McLaren through 2023, but the team terminated his contract in August, leaving him without a ride heading into the offseason. You never know when an opportunity is going to come by, and you want to not only do it as a job, but do it because you want to do it well.. The Dutch racing knows Stoffel well, as the two are currently teammates representing Mercedes in the all-electric Formula E championship. Its understood that this agreement is still in place for 2022. Wehrlein said Hamilton and Rosberg had both offered him advice ahead of his first official duties for Mercedes testing in Abu Dhabi at the end of the 2014 season. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. Verstappen is F1s highest-paid driver for 2022 with a pretax total of $60 million from his salary and bonuses, according to Forbes estimates. Forbes does not deduct for taxes or agents fees. You also have the option to opt-out of these cookies. If youre looking for something else to watch check out our TV Guide. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. But that doesnt mean that the above estimates dont give somewhat of an indication as to what the best drivers might be pocketing for their efforts. NYCK DE VRIES Partnering Vandoorne as the other reserve driver at Mercedes is Nyck de Vries. I am very impatient, he recently told Motorsport.com. Last years Formula 2 champion, Oscar Piastri, has spent this season as Alpines reserve, but is poised to make his race debut with McLaren in March. #Circuit Albert Park pic.twitter.com/4oKvIdRddE. The 41-year-old scored four points in 2020 as Alfa Romeo raced towards the back of the field. Prez entered the season finale tied for second in the points race with Ferraris Charles Leclerc, but Leclerc edged him for second in Abu Dhabi and a three-point lead on the season, denying Red Bull a 1-2 finish in the driver standings. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. As others said it depends on the individual deal. The Italian scored points in three races last season but faced question marks over his future before his seat was confirmed. Please contact the moderators of this subreddit if you have any questions or concerns. Lando Norris, who holds one of those 20 seats with McLaren, used a reserve position in 2018 to land his seat in 2019. You never hope for this, revealed Wehrlein. The 2021 Formula 1 season is scheduled to get underway in March, with team budgets capped to try and level the playing field. When Williams reserve driver Jack Aitken took over for George Russell in the 2020 Sakhir Grand Prix. To Fittipaldi at Haas who is probably paying the team to be the reserve driver. Hamilton, who has been the series top-earning driver in Forbes athlete rankings every year since 2013, sinks to second with an estimated $55 million. Is the Mercedes F1 car faster than they say? Aston Martin's Sebastian Vettel, a four-time series champion, is retiring. Do F1s rules actually make sense anymore. As you might expect, Lewis Hamilton is estimated to have the largest salary of the F1 drivers on the current grid. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. Analytical cookies are used to understand how visitors interact with the website. With 99 F1 starts to his name, he looked to have a long and successful career ahead of him before his 2011 Rallying accident. Ferrari's Charles Leclerc won two of the seasons first three races. Alexander Albon was demoted to reserve by Red Bull for 2021, but he returned for 2022, at Williams. As the teams reserve, Fittipaldi was an option, but Haas re-signed the veteran driver Kevin Magnussen. I think a stint as a reserve driver is very important. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. He brings plenty of sponsorship cash but is estimated to earn the same as team-mate George Russell. You have to be ready to step up and race the car, said Pietro Fittipaldi of Haas. Most recently, he participated in the opening two events of 2022, after Sebastian Vettel contracted Covid-19. Every time I put the belts on and Im in the car, it is giving me some emotions, he said. The 23-year-old comfortably outperformed old team-mate Albon but faces a fresh test against new rival Perez. Germany's Pascal Wehrlein is learning from the best after making the step up to reserve driver behind Lewis Hamilton and Nico Rosberg at Mercedes. pic.twitter.com/etmryT1UrJ, BWT Alpine F1 Team (@AlpineF1Team) March 12, 2022. Click on the different category headings to find out more and change our default settings. Opportunities for a young racer to show off his skills behind the wheel is, in reality, limited. F1 Reserve Drivers List 2022, Salary, Driver Rules. The reigning Formula 2 Champion is the reserve driver for the Alpine team. Alexander Albon climbing out of his Williams car during practice for the Hungarian Grand Prix in July. Three or four laps into a test, hed be out of the car, drinking an espresso, biting his nails, talking about it. You have the knowledge it might happen, so Im not going to drink beers the evening before.. Hamilton, who won four straight drivers championships from 2017 to 2020 and barely missed a fifth last year, endured a rough 2022, dropping to sixth in the standings and finishing without a race win for the first time in his 16-year Formula 1 career. Reserves must also be on standby to race. For Grosjean, who is now firmly established as a driver with the team in its new guise of Lotus, there were difficulties in the role. 11. He replaces Daniil Kvyat at AlphaTauri in 2021, with the Russian estimated to have been earning 1.4m a year the same as team-mate Pierre Gasly. Out of all the double-digit earners, the youngest is also yet to win his first F1 race: Lando Norris is on a reported $20 million salary at McLaren for 2023. In 2017, Forbes published a list of all-time highest paid sportspeople. He made a stunning return in 2019. Fittipaldi at Haas is almost certainly paying big money for that spot. Andrej Isakovic/Agence France-Presse Getty Images. Last year it was a very different role, a lot about developing the car, seeing how the team operates.. Liam Lawson is a Red Bull Racing Test Driver and AlphaTauris test driver. Teams use them to test cars and to be on standby if a top driver cant race. All Rights Reserved. Russell impressed in his debut season with Mercedes, claiming his maiden pole position in July and his first win in So Paulo last week. To Fittipaldi at Haas who is probably paying the team to be the reserve driver. And former F1 driver and Sky Sports pundit Martin Brundle has claimed that salary reports in the press are rarely right. I feel like having a year out Ive had more of a global view of what it takes to be a top-tier driver in the sense that I had the full picture sometimes in a race weekend or flat out in that zone you only see the racetrack, said Albon, who has since signed a multiyear Williams contract. The super-sub was required to enter a Racing Point on three separate occasions in 2020. What team principal Grard Lopzdidnt expect was the performance Kimi would produce. Necessary cookies are absolutely essential for the website to function properly. 3 this year with an estimated $30 million, followed by Verstappens Red Bull teammate Sergio Prez ($26 million) and Ferraris Charles Leclerc ($23 million). Racing in Formula 1 means being part of an exclusive club. F1 reserve drivers do get paid. The seven-time world champion is officially out of contract with Mercedes, but all the signs are pointing towards a new deal being signed. Vettel, a four-time series champion, is retiring after 16 years in Formula 1. For the Scot, each of the trio of champions gave him something to log in his mind as he set about on his own quest for a race seat. Amongst them are Ferraris Charles Leclerc, who will pocket $24 million from the Scuderia in 2023. Carlos Sainz Jr is estimated to have bagged to a pay boost from the 3.5m he earned driving for his former team. To the cost cap is racing driver Salaries and fees team-mate Albon but faces fresh. Lot since the outbreak his time in car to get his first career win, at the British Grand,. That this agreement is still in place for 2022, and will decrease further to $ 140 2022... F1 debut during the 2020 Sakhir Grand Prix, where he raced in the future if he continues progress. 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