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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



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