Connect with us

2016 F1

2016 Formula 1 Driver Salaries



2016 F1 Driver Salary list latest

Ferrari ace Sebastian Vettel on top – the Four-time world champion, who takes home a cool $50 million pay-check annually on top of various performance incentives with 3 year deal. He is also one of the top paid sportsmen in the world.

McLaren’s Fernando Alonso is getting salary of $40 million annually including bonus and sponsors earnings.

Defending world champions Lewis Hamilton is getting salary of $31 million and up to $10 million in bonuses; in fact he is the second highest paid driver behind Vettel in 2016. Lewis is currently the richest United Kingdom sportsman in the with wealth of (£88 million).

PosDriverTeamYearly SalaryDeal
1Sebastian Vettel FerrariMax £33,400,000 a year including all bonuses 3 Years Deal (2015-17)
2Lewis HamiltonMercedes£28,500,000 basic salary plus performance bonuses upto £9 m a yearnew 3 year deal
3Fernando AlonsoMcLaren£27,100,0001 year extension for 2017
4Kimi RaikonenFerrari£19,000,0001 year extension for 2017
5Nico RosbergMercedes£12,000,0003 Year Deal (2015-17)
6Jenson ButtonMcLaren£9,000,000Retiring after 2016
7Daniel RicciardoRed Bull£3,700,0002 year extension till 2017
8Nico HulkenbergForce India £3,000,0001 year extension till 2017
9Felipe MassaWilliams £3,000,000Retiring after 2016
10Romain GrosjeanHaas F1£2,270,0001 Year Deal
11Valtteri BottasWilliams£2,250,0001 Year Deal
12Sergio PerezForce India£2,200,000 TBC
13Kevin MagnussenHaas F1£1,400,0001 Year Deal
14Esteban GutiérrezHaas F1£1,400,0001 Year Deal
15Daniil KvyatRed Bull Racing£700,000unspecified
16Jolyon PalmerRenault F1 Team£600,0001 Year Deal
17Max VerstappenToro Rosso£460,000Multi-year contract
18Carlos Sainz, Jr Toro Rosso£450,000Multi-year contract
19Felipe NasrSauber£250,0001 Year Deal
20Marcus EricssonSauber£250,0001 Year Deal


Latest Results

Latest F1 News

2018 F11 hour ago

Verstappen beats Hamilton to top spot in German GP practice

1ShareMax Verstappen was fastest in second practice in German Grand Prix, the Dutchman kept Red Bull Racing’s striking form at...

2018 F16 hours ago

Practice 1 Results: German Grand Prix

60Shares2018 German Grand Prix Practice 1 Results (FP1): First free practice results and Timings (FP1) for the eleventh round of...

2018 F18 hours ago

Bottas signed, Mercedes completed its driver line-up for 2019

183SharesValtteri Bottas has signed a new one-year contract extension with Mercedes, his team Mercedes have officially announced. It follows Mercedes...

2018 F18 hours ago

We are not negotiating with Kubica – Haas F1

1ShareGunther Steiner has rejected speculation Haas might sign up Robert Kubica for 2019. Pole Kubica is the reserve driver at...

2018 F19 hours ago

The F1 Silly Season: Who will be driving where for 2019 F1?

4SharesWith the German Grand Prix spotted the midway point in the 2018 Formula 1 Season, it now feels like the...

2018 F11 day ago

F1 should be a dictatorship – Berger

11SharesFormula one needs to return to its days as a dictatorship. That is the view of Gerhard Berger, the F1...

2018 F11 day ago

We have great confidence in Honda – Red Bull

1ShareChristian Horner remains confident Honda is the right move for Red Bull. The Red Bull boss said that at Silverstone...

2018 F11 day ago

F1 steward Mika Salo admits Ferrari penalties controversy

11SharesF1 steward Mika Salo has acknowledged the controversy over penalties given to Ferrari drivers in recent races. After Sebastian got...

2018 F11 day ago

McLaren, Williams, admit need for change

76SharesAn anonymous engineer says struggling once-great F1 teams Williams and McLaren need to make sweeping changes. Both British teams have...

2018 F12 days ago

Hamilton is stronger than Vettel – Briatore

260SharesFlavio Briatore thinks Mercedes is still the favourite for the 2018 world championship. Ferrari’s Sebastian Vettel has taken an 8...

Most Popular is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media