Since then, Sainz has driven for Renault and Red Bull Racing before moving to McLaren in 2019 to replace the retiring Fernando Alonso. He moved up to Red Bull by 2019, only to be unceremoniously demoted mid-season. Number of World Championships: 6. In 2018, he signed a two-year contract with the team, much to the consternation of fans who didn’t realize this move would give him a salary a lot higher than what he was earning at Red Bull. He was signed on a two-year contract with the team after he left Ferrari in 2018. He’s also the son of billionaire Lawrence Stroll, who happens to be part owner of Racing Point. Country of origin: UK Any major changes to salaries or contract updated here. 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The only way that doesn’t happen is if personal sponsorship pays to keep them in F1. 1. The 2019 F1 Season is here and we've got the latest 2019 F1 Driver Salaries to share, as you would expect Lewis Hamilton and Sebastian Vettel top the list but the rest of the driver salaries are pretty revealing! 28/10/2020 at 08:1229/10/2020 at 14:26. Charles Leclerc Annual Salary ($30 Million):Charles Leclerc signed a new three years deal with Ferrari F1 untill 2024. But the cost cap does not include the expense earmarked for an outfit's pair of drivers. | Esteban Ocon came up through the Mercedes-Benz driver development programme, and made his F1 debut in 2016 for Manor Racing at the Belgian Grand Prix. https://t.co/cBvdXWvSRu which is ok, however unless there is balance,sport will be irrevocably ruined. contact In 2020, Gasly is racing for Alpha Tauri. Serio Perez placed 10th overall in the 2019 F1 season. He returned to the event in 2013, and drove for Lotus until he moved over to Haas in 2016. Keep an eye on this one. At the other end of the spectrum is Alexander Albon, who earns £130,000 a year. Consequently a team could employ two drivers at $15m apiece or one at $25m and the other at $5m. Number of World Championships: 0. Mind you, the British-Thai racer impressed in pre-season testing, so he may well end being worth every euro of his minimum wage. Last year he became a reserve driver for Renault, ... but his name has not been connected to an F1 reserve role. Of course, another way to look at it is that Bottas earns far more than the majority of F1 drivers. Still, we can confirm the following: it pays to race. He returned the following year and drove for Lotus until 2016, which is when he moved over to Haas. Below are five "worst-paid" F1 drivers in 2019: Info by GPfans. But the new rule, if quickly ratified and deemed legal under the various jurisdictions covering F1, could impact the ongoing contract negotiations between Hamilton and Mercedes. A. Earlier this year, Mercedes boss, Toto Wolff, who last weekend admitted that he will have to dig deep in order to agree a new deal with Lewis Hamilton, welcomed a salary cap but warned that it could cost F1 some of its "superstars". In 2019, a website revealed the salaries of Formula 1 drivers according to them he earn ($12.5 million) a year contract till 2020. ", Mulberry Schools Trust launches new STEM Academy in partnership with Mercedes, Saudi Arabi to host F1 street race in Jeddah in 2021, Binotto: All-new engine for 2021 "very promising", Renault youngsters complete F1 test in Bahrain. Sebastian Vettel’s first F1 laps were made as a reserved river for BMW Sauber. 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F1 Driver Salaries 2019: How much do F1 Drivers make? Number of World Championships: 0. He did not extended his contract with Red Bull F1 team but hopeful to win Formula drivers championship 2020 season. ", Rating: Positive (1) Rate comment: Positive | NegativeReport this comment, 4. , I feel so grateful for another day of life in this crazy beautiful world.