Lewis Hamilton Leads Max Verstappen on 2021 F1 Highest Paid List

·2 min read
Photo credit: Mark Thompson - Getty Images
Photo credit: Mark Thompson - Getty Images

On the track, while Max Verstappen continues to hold a slight eight-point lead over seven-time champion Lewis Hamilton, there's one category where Verstappen can't touch Hamilton, and that's at the bank.

In a report released by Forbes today, Hamilton is leading—actually lapping much of the field—in total earnings with an estimated $62 projected for 2021. Verstappen is second at $42 million.

Fernando Alonso, who hasn't won a F1 race since 2013 and not even reached the podium since 2014, proves that what you've done lately is only so important, as he checks in at third on the money list at $25 million.

Read the complete report at Forbes

The list, Forbes says, is really a best guesstimate based on a number of sources, including "financial documents, legal filings and press leaks, as well as conversations with industry insiders and consultants." Forbes also is quick to point out that its figures do not include taxes or agents' fees.

Unlike most professional sports in the United States, where agents and even teams regularly release contract figures, Formula 1 is still a rather closed society in that regard and actual figures are not released. In F1, drivers typically work for a base salary plus bonuses for wins and place in the final standings.

The driver making the most of those bonuses, according to Forbes, is McLaren's Lando Norris. Norris reportedly is driving for a base salary of $3 million, but is on pace for another $6 million based on his third-place standing in the F1 Drivers' Championship and McLaren's third-place standing in the F1 Constructors' Championship.

Sure, it's not perfect, but who doesn't like a F1 top-10 list?

Formula 1 - Top 10 Salaries for 2021

  1. Lewis Hamilton, Mercedes, $62 million

  2. Max Verstappen, Red Bull Racing, $42 million

  3. Fernando Alonso, Alpine, $25 million

  4. Sergio Pérez, Red Bull Racing, $18 million

  5. Sebastian Vettel, Aston Martin, $15 million

  6. Charles Leclerc, Ferrari, $12 million

  7. (tie). Valtteri Bottas, Mercedes, $10 million

  8. (tie). Daniel Ricciardo, McLaren, $10 million

  9. Lando Norris, McLaren, $9 million

  10. Carlos Sainz, Ferrari, $8 million

Source: Forbes

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