F1 Drivers 2014 Salaries

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Fernando Alonso and Lewis Hamilton are the two highest paid drivers in Formula 1 this year according to a report by The Richest.

Alonso, starting his fifth year as a Ferrari driver, and Hamilton, in his second year with Mercedes, are reportedly each earning €20 million, with McLaren’s Jenson Button and quadruple wortld champion Sebastian Vettel banking €16 million from Red Bull.

Interestingly Kimi Raikkonen, who returns to Ferrari, is driving for €10 million this year half what his teammate Alonso is pocketing. The Finn was the last driver to win the world title for Ferrari when he did so back in 2007 during his first stint with the Maranello outfit. He reportedly received a similar amount back in 2009 to make for Alonso in the team.

Red Bull new boy Daniel Ricciardo will bank €2.5 million in his debut season with the world champion team.

Sergio Perez will be earning €2 million as a Force India driver, while his teammate Nico Hulkenberg does not feature in the top ten list.

Banking €1.5 million in 2014 will be Lotus driver Romain Grosjean, while his teammate Pastor Maldonado is thought to have sponsorship at his disposal amounting to €35 million from Venezuelan government oil company PDVSA. How much of that is payment to Lotus is unknown. (GP247)

Top 10 Formula 1 earners of 2014:

1. Fernando Alonso – Ferrari – €20 million ($27.14 million)
& Lewis Hamilton – Mercedes – €20 million ($27.14 million)
3. Jenson Button – McLaren – €16 million ($21.71 million)
& Sebastian Vettel – Red Bull – €16 million ($21.71 million)
5. Nico Rosberg – Mercedes – €11 million ($14.93 million)
6. Kimi Raikkonen – Ferrari – €10 million ($13.57 million)
7. Felipe Massa – Williams – €4 million ($5.43 million)
8. Daniel Ricciardo – Red Bull – €2.5 million ($3.3 million)
9. Sergio Perez – Force India – €2 million ($2.71 million)
10. Romain Grosjean – Lotus – €1.5 million ($2.04 million)


11 responses

  1. Lubos

    does he have the same performance formula for bonuses as in Lotus?


    February 2, 2014 at 6:09 pm

    • Not 100% sure but he will have his bonuses paid by Shell.


      February 2, 2014 at 6:12 pm

  2. yuss590

    The difference between Alonso is huge! Kimi w proof he worth more than what he is paid for.


    February 3, 2014 at 2:48 am

    • Leonardo

      Kimi will no doubt find the F14 T much easier to drive than Alonso. In my opinion, Kimi will be the head honcho at Ferrari this year. His driving style will be well-suited to the vast torque of the new engines, whereas Fernando will probably loose valuable time wheel spinning off-track. Red-faced he will likely be with Kimi around.


      February 3, 2014 at 8:40 am

  3. I’m not sure how or where did they get these numbers. In September, I was really really active following dozens of forums and etc. in order to find more info about Kimi’s possible contract information. This is what I know from then:
    Red Bull offered Raikkonen 12 millions base salary, bonus for points like in Lotus (I think it was mentioned to be 50 000 per point instead of 40 000 like in Lotus), and sponsorship for his Ice One Racing Team. Ferrari’s offer was bigger than Red Bull’s and was reported to be something like this: 15 millions of base salary, plus 50k per point, sponsorship of Ice One Racing, sponsorship of something hockey related stuff in Finland and bigger PR freedom. Also, besides before mentioned details regarding Ferrari’s offer, it was also mentioned that the offer was such that it matches Alonso’s salary/contract.


    February 3, 2014 at 7:16 am

    • Evenstar

      Thanks for that info mate 🙂 hope to see you around more often again!


      February 4, 2014 at 5:00 pm

    • erix

      I believe Kimi got bigger salary, just don’t let him chew all at once or he will got fat again.


      February 7, 2014 at 4:01 am

  4. Leonardo

    Just to go off-topic for a moment. Saima, you may find this interesting: A friend of mine’s sister apparently saw Kimi and his girlfriend recently. I think she said it was in Switzerland. She says she also took a picture. I will see if I am able to get it from her, and then send it to you.


    February 3, 2014 at 8:29 am

    • Evenstar

      I’ve seen the cute pic 🙂 It’s on my twitter lol


      February 4, 2014 at 9:03 am

      • Leonardo

        Saw it. But that is not the picture I am talking about.


        February 4, 2014 at 11:57 am

  5. Evenstar

    Oh in that case plz email me lol!


    February 4, 2014 at 1:30 pm

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