And as you would expect, this is reflected in F1 driver salaries. 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. However, they may also bring their own sponsors to the team, and these sponsors frequently also pay the drivers for doing any kind of PR work or attending sponsor events. Daniel Ricciardo enters the offseason without a ride for 2023. Analytical cookies are used to understand how visitors interact with the website. That helped Red Bull claim its first constructors championship since 2013 and end Mercedes eight-year streak. I think a stint as a reserve driver is very important. Ferrari's Charles Leclerc won two of the seasons first three races. In this article, well explore how much we think Formula 1 drivers make, how they make their money, and who the richest drivers in history are. Schumacher the highest-ranking non-American on the list ranked 5th with all-time earnings of an eye-watering $1bn. Zhou Guanyu will take home $2 million from Alfa Romeo, while Lance Stroll is also believed to be on a relatively lowly salary despite being the son of team owner Lawrence Stroll. Lotus position with reserve drivers has been changed and they now support a driver development programme, a path Grosjean took to his race seat. The 39-year-old will be expected to help his new team win the midfield battle after a fifth-place finish in the 2020 constructors' championship. 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. With five consecutive titles and a record-setting seven championships, the German completely dominated the sport in the early 2000s. Kubica raced from late 2006 to 2010, with one win, before a severe arm injury interrupted his career in 2011. Currently competing in Formula E with Mercedes, Vandoorne has been an official reserve driver for the constructors champions since 2020. Max Verstappens car collection: What cars does the F1 World Champion own? These numbers, provided by Spotrac, are estimates as to what the drivers might be earning, and should be taken with a substantial pinch of salt. FORMULA 1S HIGHEST-PAID DRIVERS FOR 2022. If not, be sure to look for the Daily Discussion, r/formula1's daily open question thread which is perfect for asking any and all questions about this sport. Anyone can read what you share. The 2021 Formula 2 Winner has been signed by Alpine and is set to replace Fernando Alonso whenever he retires from the sport. The latter was promoted to Mercedes for a single race after Lewis Hamilton tested positive for COVID-19. The Italian scored points in three races last season but faced question marks over his future before his seat was confirmed. NYCK DE VRIES Partnering Vandoorne as the other reserve driver at Mercedes is Nyck de Vries. but the salary for a reserve driver is not usually disclosed by the team however they may also have their own sponsors that they bring to the team, and these sponsors often also pay the drivers for doing any kind of PR work or attending sponsor events. The New Zealander is also a reserve for AlphaTauri and hell be making his FP1 debut with the Italian team this season. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. During a race weekend, Reserve Drivers, as they are officially known, are kept on the phone list or are frequently present at the track. One of the youngest drivers on the grid at 22 is estimated to earn the same salary as 40-year-old two-time champion Fernando Alonso. Aitken will remain in this position through the 2022 campaign. Stoffel has considerable of F1 experience, having made 41 starts for McLaren between 2016 and 2018. Its much easier to attend this position when you are a young driver because everything is attractive and it is nice, he said. There is extra scrutiny placed on Lance Stroll because his billionaire father Lawrence owns the Aston Martin formerly Racing Point team. With 99 F1 starts to his name, he looked to have a long and successful career ahead of him before his 2011 Rallying accident. As a rising star in 2006, he was driving more than the main drivers during the era of unlimited testing, which was mega for a young driver, he said. 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. He formerly raced with Alfa Romeo, but his full-time seat was taken away at the end of both the 2021 Formula One season. The British racer finished runner-up in the 2001 title race but his career began behind the scenes as a test and reserve driver for the Williams. 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. Lewis Hamilton is up next, with the seven-time World Champion aiming to wrest away the title from Verstappen and claim a record-breaking eighth world title. George Russell impressed in his debut season with Mercedes. Williams reserve Jack Aitken got his F1 debut during the 2020 Sakhir Grand Prix when he replaced George Russell. Its Yuki Tsunoda who perhaps stands out the most towards the bottom of the earnings table the Japanese driver remains on a rookie-level salary despite entering his third year in the sport. Nor can they be sure of finding a seat elsewhere if they leave, meaning they tolerate their lowly payslips. Di Resta had 59 starts to his name in F1 and has a history of stepping in for drivers at the last minute. Grosjean and Magnussen were estimated to earn around 1.8m in the final year of their contracts. The way it worked with the junior drivers, and still does, is that they work closely with the team, he explained. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. After Lewis Hamilton tested positive for COVID-19, this was transferred to Mercedes for a single race. You just soak absolutely everything up, said Coulthard, who said it was important for reserves to act like a sponge. 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. When I first drove an F1 car at 19, that was fine, quicker than anything before but enough for me to realize it wasnt a rocket ship, this was achievable. Source: 2023 Formula 1 salaries were collected from RacingNews365. Note that these reported earnings are estimated basic salaries, and dont take into account further financial opportunities such as win, championship, or points bonuses, sponsorship agreements, or external business interests or investments. I am very impatient, he recently told Motorsport.com. After three days of preseason testing at the Bahrain International Circuit in late February, the season is set to begin in early March. Discovery Company. 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. With the F1 season underway, questions have been asked about who teams have on standby if one of their full-time drivers becomes unwell. The 21-year-old's bromance with Carlos Sainz Jr was key to helping McLaren to third in the constructors' championship but he faces a fresh challenge from new team-mate Daniel Ricciardo. F1s new budget cap, introduced last season, is set to limit teams spending in key areas to $135 million next year, forcing Mercedes, Ferrari and Red Bull to contort their budgets from the days when they could spend $300 million or even $400 million unchecked. Lando Norris, who holds one of those 20 seats with McLaren, used a reserve position in 2018 to land his seat in 2019. After wowing as Lewis Hamilton's stand-in for the Sakhir Grand Prix, Russell has been heavily linked with a permanent drive for Mercedes amid doubts over the seven-time world champion's future. Lando Norris is also worth a mention here. The 21-year-old is tipped for the top but faces a difficult first season in F1 with Haas, who endured a wretched 2020. 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. The target this year is to learn everything: procedures, all they say about the car and getting confident with everyone within the team. De Vries is the 2019 Formula 2 champion, the reigning Formula E Champion, and was promoted to Mercedes Test and Reserve Driver in 2021. Racing in Formula 1 means being part of an exclusive club. It let me take my talent to a higher level by seeing them in a different way that I couldnt see them when racing. Stoffel is well-known in the Dutch racing scene since the two are presently partners for the all-Formula E championship for Mercedes. Sainz wound up sinking to fifth in the driver standings, but his strong start to the season helped him secure a two-year contract extension in April, keeping him at Ferrari through 2024. Claire Williams. But how much do F1 drivers really earn? The 2022 season was also supposed to have 23 races, but the cancellation of the Russian Grand Prix left the season with 22 races, the same as the 2021 season, according to Goodwood Road & Racing. While F1 is the pinnacle of motorsport, it is also a business. The two-time world champion is back in Formula 1 after a two-year absence. The Red Bull star will once again be charged with taking the fight to Mercedes after finishing best of the rest last season. In 2021, a new cost cap concept was introduced to Formula 1. The Mercedes reserve driver pairing are also available to McLaren as part of an agreement between the two teams. Hamilton earned around 40m per season under his previous terms and is surely gunning to win an unprecedented eighth crown. The 23-year-old comfortably outperformed old team-mate Albon but faces a fresh test against new rival Perez. Prost was so different. Esteban Ocon lost his seat at Force India, spent the next year as a Mercedes reserve and returned in 2020 with Renault, now Alpine. After his 2011 Rallying disaster. As others said it depends on the individual deal. 4. Robert Kubica of Alfa Romeo said he was woken up before 7 a.m. on the Saturday before the Dutch Grand Prix in 2021 and told that he would be racing the next day because Kimi Raikkonen had contracted Covid-19. The 24-year-old was linked with a return to Red Bull to replace Alex Albon for 2021 but committed his future to AlphaTauri. And by the time you get your chance, youre ready and you can fit in more easily.. While the likes of Verstappen and Hamilton command huge salaries due to the immense value they bring to a team, newcomers and those struggling to impress dont have leverage over their teams to bump up their pay packets. You may opt-out by. It's a position they sell rather than something they pay for in most cases. They are the forgotten men of Formula One, consigned to live in the long shadows of the sports global superstars. Reserve riders have relied on a lot since the outbreak. Logan Sargeant is the lowest paid driver at just 810,000. Coulthard, seen here with Prost, has likened the role to that of a sponge, taking in every facet of information possible to be prepared for the full-time race role. And its not just on the track where drivers can grow their bank accounts. During the 2017 Hungarian Grand Prix weekend, he was recruited as a replacement for Felipe Massa, although he has not competed in Formula One since. What Are F1 Reserve Drivers Waiting For? In 2023, reigning World Champion Max Verstappen is set to receive the highest salary in the field, with the Dutch driver set to pocket a cool $55 million as he aims to claim his third consecutive title. He will race for McLaren next season. He did 12,000 km in it last season. 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. But hes only able to start consisting of two races. Here are the countries of origin, sponsors and car numbers of each driver competing in 2023, according to ESPN, as well as how much Spotrac reports each is earning in salary for the 2023 season. F1 2021 salaries how much does every Formula 1 driver earn. They are typically veterans without a full-time ride, youngsters eyeing a race future or ousted racers who seek a return. Unsurprisingly, Formula 1s highest-paid drivers are the drivers who are expected to bring home regular race wins and challenge for the World Championship titles if their machinery is up to task. These cookies are necessary for the website to function and cannot be switched off in our systems. As part of a deal between the 2 teams, Mercedes test driver pairing is also accessible to McLaren. His work ethic was very impressive.. Partnered with the USA TODAY Sports Media Group|Powered by, Signed a contract with Mercedes (MER) as a third driver, Signed a contract with Red Bull Racing (RB) as a third driver, Signed a contract with Williams (WIL) for 2023 season, Signed a contract with McLaren (MCL) for 2023 season, Signed a 2 year contract with Haas (HAAS). They help us to know which pages are the most and least popular and see how visitors move around the site. He was drafted as a substitute for Felipe Massa during the 2017 Hungarian Grand Prix weekend but has not raced in F1 since. It must be really bad luck if one of them couldnt drive but Id step in.. A switch announced before the start of the 2020 season was the Spaniard's move from McLaren to Ferrari. Thats way more than most of us make in a year. To find out more, visit www.raceofchampions.com. Whenever he decides to walk away, he will have plenty to keep him busy. Fernando Alonso is jumping from Alpine to Aston Martin next season. In the reserve driver role its more about life experience, business decisions, being tuned in and learning to be a bit more worldly.. Carlos Sainz signed a two-year contract extension with Ferrari in April. The 10 constructors are limited to spending 119m for the upcoming campaign, with further reductions in the books over the following two years. All Rights Reserved. Thank you for your cooperation and enjoy the discussion! The 2021 Formula 1 season is scheduled to get underway in March, with team budgets capped to try and level the playing field. And former F1 driver and Sky Sports pundit Martin Brundle has claimed that salary reports in the press are rarely right. I was back a few times, got a lot of P.R. F1 reserve drivers do get paid. Its understood that this agreement is still in place for 2022. The cookie is used to store the user consent for the cookies in the category "Performance". Lewis Hamilton car collection: Take a closer look at his incredible private garage. He is estimated to be the sixth-best paid driver in the field. Despite recent talk of driver salary caps, Formula One has yet to impose any such rules, continuing to exempt driver salaries from team budget restrictions. Heres the official schedule of races for the upcoming season, with qualifying events happening the day before each. David Coulthard was understudy to Nigel Mansell, Alain Prost and Ayrton Senna before making the step up to a full race seat. The seven-time world champion featured in 8th on Forbes list of highest-paid athletes in 2021. All information these cookies collect is aggregated and therefore anonymous. Haas took a punt on Nikita Mazepin, the son of a Russian billionaire, after deciding to ditch Romain Grosjean and Kevin Magnussen. Your effort and contribution in providing this feedback is much Already racing for Mercedes in the German touring car championship, known as DTM, he was promoted to a role in F1 last season. You have the knowledge it might happen, so Im not going to drink beers the evening before.. 2. btcc1721. Vettel, a four-time series champion, is retiring after 16 years in Formula 1. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. 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. Pietro Fittipaldi during qualifying in 2020 in Abu Dhabi, where he raced for Haas in place of Romain Grosjean. Sometimes, a reserve gets promoted. The best independent Formula 1 community anywhere. I am a bot, and this action was performed automatically. You do come into a weekend a bit on the back foot as the others know their cars and are connected with it, you dont know the car well, you dont know the tires well, you have less knowledge and experience, he said. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. Valtteri Bottas is under pressure to justify his seat with the Silver Arrows, who fork out around 8m a year for his services. For 2023, Hamilton is believed to be netting $35 million. BBGP, which monitors F1's finances and business deals, has put together a full list of drivers salaries for 2020. Fittipaldi at Haas is almost certainly paying big money for that spot. You can unsubscribe at any time. Most recently, he participated in the opening two events of 2022, after Sebastian Vettel contracted Covid-19. And there are 2014 racers who have been forced back to a reserve drivers role for next season, namely former Sauber racer Esteban Gutierrez at Ferrari and Kevin Magnussen, who stepped down out McLaren to make way for Alonso. The seven-time world champion is officially out of contract with Mercedes, but all the signs are pointing towards a new deal being signed. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. 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. The role of reserve was also a vital part of the learning curve for David Coulthard, who would go on to win 13 grands prix during a glittering career with Williams, McLaren and Red Bull. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. Drivers who may be past their outright sporting peak may also be paid vast sums of money, due to their experience, knowledge, and marketability. Theyd finished a lowly 10th place the previous two seasons, and had a plan to coax the 2009 world champion into their seat. 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. Hes the founder of an off-road-racing team called X44 in the Extreme E series, he has a small stake in the NFLs Denver Broncos, and he recently launched a film and TV production company called Dawn Apollo Films. Mercedes' No.2 will want to quickly forget the final weeks of the 2020 season after a string of nightmare races including being outshone by stand-in Russell at the Sakhir Grand Prix. But Kimi Raikkonen has a glittering CV which includes the 2007 world championship. https://www.nytimes.com/2022/09/08/sports/autoracing/f1-reserve-drivers.html. Formula 1 drivers are very well-paid for their participation in the sport. 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. After Verstappen refused a Red Bull team order to let Prez pass him, Prez, in his second season with Red Bull, responded over the radio that it shows who he really is. Prez signed a two-year extension with the team in May. He is followed by Max Verstappen with $25 million and Fernando Alonso with $20 million. I have to see myself as lucky.. Fittipaldi almost landed a racing seat this year after Nikita Mazepins contract was terminated by Haas just two weeks before the first race because of Russias invasion of Ukraine. Ferrari doesnt have to look far to find a replacement for one of its backup drivers. Watching and waiting may be essential attributes for a reserve driver but, even from the sidelines of a garage, their racing instincts still burn. It was like he was really minimizing his time in car to get the most from it when in there. The super-sub was required to enter a Racing Point on three separate occasions in 2020. Paul di Resta was confirmed as a third reserve driver last year, in case both Stoffel and Nyck were occupied during a Formula E race weekend. Lewis Hamilton has indicated he expects to sign a new multi-year deal with Mercedes. Racing in Formula 1 means being part of an exclusive club. Normally nothing happens, Pascal Wehrlein, understudying for double world champion Lewis Hamilton and Nico Rosberg as reserve driver for world champions Mercedes, told CNN. It doesnt hurt, and there were opportunities, otherwise I would have not raced a Formula 1 car since the end of 2019, he said. So you get to know everyone at the factory, you see people in training, you get to know the wind tunnel. 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