A recap of System 1 driver earnings in 2022

2022 f1 drivers photo Analysing Formula 1 driver earnings in 2022

With Lewis Hamilton contract talks within the offing, the Mercedes driver reportedly angling for a mega $150-million two-year deal that ought to return him to prime incomes driver in System 1 and value recapping who banked how a lot in 2022.

How a lot drivers earn is held in Fort Knox fashion secretly, thus figures are estimates which rely on Forbes’s effectivity find out the earnings of not solely F1 drivers however athletes in all sports activities. Figures fluctuate, the numbers misplaced in conversion, various as much as 50% relying on the ‘thumb-suck’ of the second.

Nonetheless, Forbes tends to be the revered barometer and the one most quoted by mainstream media, as has been performed for the aim of this piece and others beforehand on this web site.

In 2022 Hamilton’s earnings – which for a lot of the previous decade ranked among the many prime athletes on the planet – have been usurped by a rival F1 driver, on this occasion 25-year-old Max Verstappen, who in response to Forbes banked a complete of $60-million wage with bonuses. Successful two world titles in as a few years catapulted his earnings from Pink Bull.

Hamilton was thus knocked off his pedestal however did take residence $55-million in response to the report, he has one yr to run on it, with an extension anticipated in 2023 for the 38-year-old.

Apparently, 24-year-old teammate Russell, who beat Hamilton in his first season of attempting final yr, solely simply makes it into the highest ten listing of highest-paid F1 drivers in 2022, his $3-million retainer coupled with $7-million bonuses means he took residence ten million.

Verstappen earnings topped all his F1 rivals in 2022

SUZUKA, JAPAN - OCTOBER 06: Max Verstappen of the Netherlands and Oracle Red Bull Racing walks earned most in 2022 f1

In distinction to Russell, Pink Bull’s Sergio Perez banked $26-million, ten million was his wage, and the remainder results-related bonuses, though below half what his youthful teammate earned however considerably greater than Russell’s wage packet at Merc, for mainly doing the identical job – which George did higher by beating his personal teammate, which Checo didn’t.

One other of the ‘Outdated Guard’ who did effectively for himself, regardless of his F1 sabbatical, Fernando Alonso knew his value when he signed to return to F1 with Alpine, aka Renault, who weren’t shy to half with $30-million for his providers in 2022, whereas teammate Esteban Ocon, who beat the veteran Spaniard, is was reportedly paid $5-million for his efforts.

Of the Ferrari drivers, Charles Leclerc’s wage of $12-million was bolstered by outcomes bonuses which meant he was paid $23-million, making him the fifth largest earner final. Carlos Sainz, who completed behind his teammate, was on an $8-million Maranello retainer, and an additional $7-million in bonuses placing him eighth on the listing along with his $15-million complete.

Ricciardo and Vettel had their closing ‘huge’ F1 paydays

sebastian vettel daniel ricciardo f1 grand prix red bull earning

Retiring Sebastian Vettel’s closing paycheck from Aston Martin was $15-million plus $2-million in bonuses, placing him sixth on the listing tied with equally underperforming Daniel Ricciardo, the out of favour Aussie banking a large $17-million in 2022, however no extra as McLaren confirmed him the door a yr sooner than anticipated.

Ninth on the listing is the motive force McLaren shall be retaining for so long as potential, Lando Norris is a discount at a $5-million retainer, solely the $6-million earned in bonus prize cash made it a ‘first rate’ wage for the 23-year-old, relative to his rivals after all.

Of the abovementioned, Verstappen received’t be flustered if Hamilton ends his profession prime of the earnings listing, after all of the Briton is 13 years older than the Dutchman; ought to the latter’s rise be comparable he may effectively develop into the game’s first 100-million-dollar man earlier than his profession ends. He has time on his aspect.

Alternatively, Hamilton will most likely ink his closing mega take care of the forthcoming one which is predicted to be till the tip of 2025.

Norris and Russell shall be wanting a increase with their subsequent deal

Lando Norris on George Russell Norris and Russell will be wanting a raise with their next deal

Nicely served on the wage entrance is Perez by Pink Bull, a cool $26-million for his providers is a wholesome sum for the 32-year-old, contemplating that after he was not a part of Aston Martin’s plans he was nearly unemployed till the penny dropped for Pink Bull who signed the Mexican, and weren’t shy with their deal.

Attention-grabbing shall be how a lot Daniel Ricciardo will pocket because the staff’s reserve, assured nowhere close to the wholesome 17-million he banked in his final season on the grid.

Additionally intriguing can be the deal Lawrence Stroll struck with Alonso for 2023. The 30-million he was accustomed to at Alpine or the 15-mil plus bonuses that Vettel banked in his closing season with Aston Martin.

If Lando or Geroge ever peer into the Forbes listing and see how comparatively lowly they’re, count on them to sharpen themselves up for his or her subsequent contract negotiations as, relative to their respective teammates final season, they deserve way over they earned.

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