There is no doubt that Formula 1 is one of the highest-paying disciplines of motorsport in the world. Top drivers earn millions, while also earning bonuses over their base pay. Whenever there is a driver or team change, like when Hamilton will move to Ferrari, deals can become expensive.
This has always sparked the question of who is the highest-paid F1 driver. We have the list of the top 10 highest-paid F1 drivers of 2023, along with their base pay and bonuses earned during the season.
Highest-paid F1 drivers in 2023
| Name | Salary | Bonus | Total |
| Max Verstappen | $45 million | $25 million | $70 million |
| Lewis Hamilton | $55 million | 0 | $55 million |
| Fernando Alonso | $24 million | $10 million | $34 million |
| Sergio Perez | $10 million | $16 million | $26 million |
| Charles Leclerc | $14 million | $5 million | $19 million |
| Lando Norris | $5 million | $10 million | $15 million |
| Carlos Sainz | $8 million | $6 million | $14 million |
| George Russell | $4 million | $5 million | $9 million |
| Pierre Gasly | $5 million | $3 million | $8 million |
| Oscar Piastri | $3 million | $5 million | $8 million |
The list is no surprise as the current F1 champion is at the top with the most earnings, however, when looking at the base salaries, Hamilton earns more than Verstappen, but the latter’s 19 wins have hiked his earnings considerably. Verstappen could also get a hike in 2024, based on his performance so far.