How Much Do F1 Drivers Earn
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- เผยแพร่เมื่อ 26 ก.ค. 2024
- Exactly what each F1 driver earns is a bit of a mystery, after all, no team principal is going to offer up that info but they have a pretty good idea of what the other teams' drivers are earning and are happy to speculate.
In this video I run through what each F1 driver is believed to be earning and analyse what they do to increase their earnings. And for those in business, please have a look at the world's best on line staff training platform, www.canity.com
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I'm guessing Stroll's allowance is bigger than his salary
Is Perez's career over!?
@@Mayank612722 not really... looking at his history, some team is most likely to pick him
@@thumpiduram5792 it's a joke on his profile pic
Stroll’s salary is obviously symbolic, just like with Latifi, they invest more in the team with family money than the salary they are getting.
So if your dad was a bilionare you wouldnt want a dime from him?
Kimi was the 2nd highest paying athlete back in 2009, 2nd in a world with basketball, boxing, football and tennis was at the top, let that sink in
The world was in a recession during that time. After that things went back to normal
So F1 is the no 1 earning sport over football and Basketball now?
@@1anre deff no
@@1anre Not even close. Best payed sports are Golf, Football, Soccer, Basketball en some more. Lewis Hamilton is the only F1 driver making the top 20 (barely)
wtf does that sink want now?
'Paid for a job they'd probably do for nothing'- that's a great line
$trolls salary is basically his dad giving him pocket money
Exactly. Pocket money with extra steps
Only he’s actually working for it
@@moviesjean23 Agreed, Stroll is looking real good nowadays and driving like a pro.
The problem with normalizing the “pay driver” conversation is that it blurs the lines between a backed driver (literally everyone) through junior programs, private sponsors or even loans (Lauda) is that there’s still some merit tied to the sponsors funding of the drivers. When you say yeah Lauda was a pay driver that’s a little different than loaded dads backing their sons to the umth degree, funding teams, buying teams, the disconnect widens and talent is obscured.
Thanks for bringing this up. I am pretty conflicted as to whether I like this or not. (True, nothing changes with my liking it or disliking it). Technically, if you are great at selling yourself, there is a great chance of some random company backing you because you have marketed yourself well.
But having said that, HAAS or Racing Point do need to win, eventually. They need to perform so that their other sponsors are happy. They need to perform so that they have a brighter future ahead. So I feel like there is or there should be some sort of a line in the sand that the team principals and owners would draw where the money that is coming in is not worth the talent that is not. Interesting times!
I love the photoshoot at 9:53 of Kimi slightly away from everyone, saying "leave me alone, I know what I'm doing"
of course pay drivers have always been a thing in f1 but now i feel like an era of just buying the whole team so your son can race has begun
Niki Lauda basically bought his way into f1. What you fail to realise is f1 is built upon wealth. Car ownership was always the privilege of the rich. I'd argue the trend of "paid driving" is moving downwards because of the super licences scheme. Stroll won f3 and is a damn good driver. Maybe not the best but he's no slouch.
@@Bahamuttiamat Congrats. Lance's dad paid his way into the Ferrari Driver academy, bought his son the biggest team in the junior categories so his son could win in F3 and then paid his way into F1. I agree Lance is having a good year, but don't act like his junior career was anything other than a cash transaction.
@@roxannelyson7715 Even though in the junior categories he had to drivel equal machinery along with everyone else on the grid? And he still won? Stop trying to deny that Lance isn’t a skilled driver. He’s only 22.
@@TheFatSandwhich Equal machinery? Nope. Different teams had different PUs. His teammates had older chasses. All thanks to his daddy owning the team. formel3guide.com/images/starter/2016-starter-em.pdf Also, I said he is having a good year so I did acknowledge he's a decent driver.
@@roxannelyson7715 lmao what are u talking about? Of course you pay to ur academy
Wonderful and insightful video sir .
just noticed the glowing tyre .
My son made it.
@@KymIllman aww cute
Good video. Calm and collected, not screaming at us or flashing a bunch of **** on screen to induce epileptic seisurez or migraines. You earned yourself a new sub. 👍
It seems payed driver is a wide term; Bringing in money for the team to drive for them.. should be 2 types.
1. Drivers with wealthy family backing.
- Lance Stroll, Nicolas Latifi, Nikita Mazepin
2. Drivers (or their managers) get to convince companies to sposor them; or take financial risks on themselves.
- Niki Lauda, Sergio Perez, Lewis Hamilton and more
By that definition, everyone is a paid driver.
lauda was actually the former
@@lockdown550 He was number 2. He took the financial risk himself. He took out a loan to pay for the seat himself.
lando norris should be in the rich family support category as well.
@@HxWilliams His family hasn't actually paid any money directly to teams like the ones listed, have they?
Hi Kym, I really love your videos explaining the various aspects of F1. Keep up the great videos, I'm looking forward to any new videos from you. Cheers.
Their salaries have been going down. I remember Schumacher making 75M and Kimi 53M. Kimi was worth every penny and more.
Yeah and that was 2000s money to
Next video: How much Tax F1 drivers pay..
Not much as most of them live in Monaco
@@rekenen3233 monaco may not have income tax but the VAT is insane
I’m pretty sure they pay a tax in each country they race in
Would be a short video
@@JDK782 Honestly F1 Drivers pay some Taxes, If the buy their goods in Monaco. They have a Sales Tax, but no property Tax. I'm surprised no F1 Drivers Really live in The Isle Of Man, It's another beautiful Tax haven
Man Toto will sit there all day and say that Bottas and Hamilton are equals yet that 40 vs 8 million speaks volumes
For a ten minute video this was a brilliant presentation. Well organized!
I earned 1$ once it was hard work picking it up off the floor when I found it.
Love your content. Wish I could attend your former "Long Table Dinners." What might be interesting is what happens to drivers, after the F1 careers, of all levels, journeyman to World Champions....
Finally someone else to bring up the fact that more impactful drivers like Lauda were also pay drivers, no need to automatically assume someone isnt worth a shot just cause they bought it
Thanks
Timely video, considering the rumours of F1 bringing a cost cap for driver salaries in the next few years supposedly.
I'm keen to hear how it all pans out
They would still earn a lot from sponsorship deals. For example Roger Federer get's a 6 million salary and about 100 million from sponsors a year.
Edit: In my opinion.
They should focus on bringing more engine suppliers in the sport and making the sport more relevant first. More sponsors will join and money will flow.
@@shimeih2287 salary? who pays his salary? or you mean winnings, like tournament winnings.
@@ricardas16 yes. When I was saying salary I meant the money he gets from tournaments etc. Tennis stuff. Sorry for not enunciating myself well.
From all sources as I've read Hamilton gets paid for years 40 million pounds not US $ plus bonuses and sponsorship.
Kym, your videos are so informative as always almost impossible to skip any!
Music to my ears.
Very interesting insight! Well done!
Excellent video Sir. Loved it
We all know Kimi doesn't drive for money. It's a hobby haha
He doesn't care less tho
He drive to sober up ..
Ofc since the dude's net worth is probably around 250 million..
Crazy how rich Kimi really is
@@padian777 but remember he came from a family where he had to sacrifice a indoor toilet to drive in F1
I love all your videos. Great contents 👍
No mention of Twitch income for Lando?
Was waiting for you to fill us in.
@@KymIllman I'm not sure what you mean? Unfortunately the Sub count isn't public, so only guesses can be made.
@@dnsmcbr104 Just going off of figures on the internet, I'd say Lando earns around $10,000 USD a month based on his viewership figures IF he's streaming regularly. But because Lando doesn't really stick to a regular streaming schedule (people who make careers off twitch do it almost daily), he might ACTUALLY only be making around $5000 ish USD a month (maybe even less now that he's racing) which is really not that much compared to his regular F1 income. Lando is popular on twitch, but not massively popular and he usually gets around 500-1000 subscribers and around 10,000 - 20,000 views filtering in and out on average during a livestream, more or less depending on if it's a sponsored stream or not (also not counting total accumulated views because that can often come from after the stream and that doesn't make any money). This is all based off Twitch streamer Disguised Toast's figures which he revealed in 2018 when he was at a similar level in terms of viewership, followers and subscribers.
www.tubefilter.com/2018/10/10/twitch-streamers-earn-per-month-breakdown-disguisedtoast/
@Justin Russ I think it's probably ~100k, which is comparable.
Not too many F1 Drives have Long Careers, that's true. Kimi Raikkonen so far has had a 20 Year career, that up there with the longest not only F1, but motorsport careers. Not even Nascar drivers make it to 20 Years of a Career often. But of course as we know it isn't really a 20 year career Kimi has had, it's really just 20 years of his Hobby lol.
Awesome info Kym.
Irrespective of how much each driver gets paid, this was very informational! I certainly learned a lot, especially about the trainers, and how they are paid, along with sponsorship.
The more time I spend on the sport the more things I learned that’s for sure
I came from Instagram (Love the content)
Im glad cos it takes a long time to do these things.
great video as always!
Great video as always Kym
Hey Kym! Love your vids so much
Love that you love them
People would kill for that Mercedes seat but Mercedes pays the highest to lewis because there know is the greatest of all time
Well done again Kym! P.S. are you going to/have gone to any races this year? Sorry if you've answered this before.
Amazing insights into the F1 driver pay
Nice video, thank u sir
3:45 Thats Really amazing
Sad to see valtteri's salary despite being such a competitive and good driver
The answer: a lot
So happy that you pointed out that Schumacher was a paid driver, a lot of people seem to forget that his first drive and races were paid for.
Correct
He was the most paid driver in terms of salary
It was 80 million if didn't race he would get 50 million
More talking about his 1991 debut, where Mercedes paid Jordan $150k for him to race at the Belgian GP
I would love if I could see you at silverstone next season
he needs way more than 58k he's amazing, keep it up!
Amazing content, all the way from South Africa.
Ayyy my South African brother 👊
What city?
@@KymIllman Cape Town! But actually living in Venice Italy 💪 went to monza last year 🔥
Mkhaya
*"F1 drivers earned more than $10 million"*
Franz Toast: *"Im about to end this mans whole money"*
Good call on Mazepin!
Excellent video yet again
Thanks Nik
@@KymIllman no worries
Any idea on how much Nico made for his one off's? Heard it was about 100k per point, is that accurate?
very real good vid
You could have also mentioned the money drivers get from endorsement deals, I read somewhere that Lewis gets an extra 40 mil just in sponsorship money
Good video sir
Hi kym, would love to see video on car designers some one like Adrian Newey, etc
I will consider that one. Thanks.
You the best explainer
You forgot the wags cost
5:40 Beautiful Horse !!!
Love that Porsche 996 model in the background
Nice huh.
Best picture of a horse ever!!1
Hey, maybe do episode on historical finances?
5:38 Forget the horse, i see blue.
But you could have noted that Kimi earned three seasons 2007, 2008 and 2009 (even not driving) 40 Million EUR per season.
good program.
I now fell smarter. Thanks👍
George Russell was F2 champion, like Charles Leclerc, deserves the same $10 million wage.
Leclerc has probably earned a raise for next year by now I think..
Guess we have an idea as to why the second driver at RB feels no need to perform.
Lewis
Amazing guy
So, who’s the social media king among the drivers? I’m inclined to think it may be Lando or Charles. And who’s monetizing their social media presence?
Lewis
depends
lewis has more followers than the rest of the grid combined
Back in 2017, Pascal Wehrlein earned a measly 150.000$. Let that sink in
F1 FAN SINCE 1976
Pay drivers are annoying or bad because they aren't performing or not worth it, when they do amazing things like Lauda/Schumacher/Alonso they become winning drivers or just good drivers heck maybe even called talents (and in case of those 3) world champions and legends. The pay drivers we currently have are in the 1st camp, sadly just not worth it yet (for f1/fans) they might be able to show their worth but until then they will get a lot of hate, some deserved some not deserved.
You should do a video (if you haven't already, but I can't seem to find one) on some people that have been around the paddock for ages.
Some photographers, long time commentators etc.
Only example I know is Olav Mol who has done more than 500 races as a commentator, would be cool to get to know some more of these F1 veterans
I bet Gasly picked up nice bonus for his win. Kimi almost sent Lotus broke the yr he won that comeback race along with a stack of points.
Yes, I hope He picked up €1 million. What a bonus that would be for a young man
The daddy pays doesn't compare to a driver who brings personal sponsorship to a team Eg, Stroll/Checo
0:35, oh no...
Russel is about to make a lot more than 1 mill a season real soon
Even 1 Mio per year should be okay and enough. Everything beside this is up to every driver and how they get in touch with brands and partners
Zero knowledge clearly. F1 drivers can’t get endorsement deals because they would class with their teams sponsors. 90% of their earnings is their salary
so vettel is well overpayed for what he brings to the table
funny how kimi drives for 5mio but recieved 25mio not to drive years ago
Wouldn’t at all say he was overpaid. Especially up till 2018
He has said that its just a hobby for him, he probably doesn't care about salary
He earned 40 million EUR / season for three seasons in Ferrari, even he did not drive one season at all. And now everybody shocked that 48 million EUR for Hamilton. Kimi's income was over 10 years ago.
What a tool.
He got that for his talent over the last few years, winning many races with Ferrari and challenging for the title in 2018 etc. If Ferrari offered him a contract for 2021 it would have been much lower. There was speculation it would be half. Maybe 15mill. But in the end he didn't even get an offer. For Aston Martin I think 15mill was the estimated salary. 10-15mill probably. Definitely not what it used to be.
I wait for the vidéo: how much does a F1 photographer!
I would want to know how much Hulk got power race this year for RP
2009 Kimi Räikkönen earned 41M euros, not bad. BUT 2010 Ferrari paid him 17M that he would not drive in any team. Not bad either...
It’s nuts how Vettel isn’t far behind Lewis for salary and ahead of everyone else. He’s on Leclerc’s salary and Ricciardo’s salary, combined, yet has been consistently outclassed by both. If Ferrari had to earn their money instead of strong arming Formula 1 for handouts maybe they wouldn’t have an abundance of cash to throw at blunder prone drivers like Vettel. Imagine what that money would have done for the teams lower down the grid.
Those salaries listed are inclusive of all possible bonuses, which Seb won't be getting much of. So, his final salary won't be close to Lewis at all.
You guys speak as if Vettel has a gun on Ferrari's head. This is a business process, actual legal contracts are drawn up, agreed upon and signed. There is zero unfairness. You simply like drama and have too many wishes rather than logic
Vettel is still 4wdc-s and about 50-40 race wins ahead of Leclerc and Riccardo respectively. Every driver has bad seasons. The fact that Vettel had only 2 bad seasons in his 12 years of F1 racing just proves his greatness.
i know they make more money than several of my lifetimes and good for them, and that sport is a death sport, so they deserve every cent they get
What’s the little helmet in the background is it just for display
Its actually normal sized just really far away
I can't.......that scarf!
Kym could u tell me how much the membership costs
A few dollars a month. The options are visible when you click JOIN
@@KymIllman okay I’m definitely doing to in November
Lance inherit a portion of his father's wealth for each race start😊😊
For each weekend he doesn't crash. 😊
@@gabor6259 😄😄
Unpopular Opinion: Lance Stroll is overhated
Well I'll be honest, he has really impressed me this year so atm moment I think it would be fair for people to maybe calm down just a lil bit
Sir can I set one of your pics on Insta as my laptop wallpaper ?
5 million for a hobby? Bwoah! I guess better than the time Kimi bankrupted Lotus and did not get paid lol
Vettel is so overpaid, he doesnt even seem to be bothered about competing. Yes, there are issues within Ferrari and he s leaving next year, but we should at least see him try his heart and soul. Compare that to Sergio Perez who does not have a drive for next year with racing point, still drives every race with passion.
Mate, I don't think they would risk their lives for free just because it's a great excitement.
0:29
WRC drivers : we're about to ruin this man's career.
Kimi did say he did WRC to see if he could actually drive. He was not bad at it either. Then he went to nascar and returned to F1 because he wanted to race again.
As usual a side of the sport we never really consider.... Great stuff though and lots to think about for fans and future drivers as the sport evolves
Thanks champ
Romain is at least 20 million after damage
verstappen also gets bonuses on top his salary according to the wbesites
some people pay their team
LeChair 1/3 of Seb's salary while carrying the team seems unfair.
Every Championship won comes with a big pay raise. He'll get his money ones he starts winning
No saying that he is getting the same as what LeClerc is. Not being at Ferrari next year I guarantee he isnt getting the weekly upgrades that are on LeClercs car. The team wont want him sharing any new developments on the Ferrari, with his new team. Early in the season, he and LeClerc were neck and neck and after the announcement that Vettel would be moving on at the end of the year, his performance started to drop off.
People forget Checo is/was a paid driver, and arguably one of the best mid-fielder drivers out there.
Just try to imagine you would earn that money 🤔 well sometimes you have to stay modest 😁
the difference between past and present pay driver is a status. schumi or alonso they are not the son of a billionare, they have a sponsors, and now ... papa will buy everything for you my son, don't worry😎(thanks to latifi and stroll)