There are only 20 full-time race seats. Behind the drivers is an unheralded, but important, role: the reserve drivers. Vettel's expected salary with his new team represents a huge drop from his 37m-per-year earnings with the Prancing Horse. pic.twitter.com/etmryT1UrJ, BWT Alpine F1 Team (@AlpineF1Team) March 12, 2022. The cookie is used to store the user consent for the cookies in the category "Other. A switch announced before the start of the 2020 season was the Spaniard's move from McLaren to Ferrari. Reserve F1 drivers are compensated. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. But while they have had to reduce their design and research expenditures, driver pay is excluded from the cost-cap calculation, giving deep-pocketed team owners one line item they can continue to throw cash at. appreciated. Robert Kubica is a well-known and well-respected person in Formula One world. Even so, Formula 1s star drivers have reason to believe their paydays will keep rising, and its not just that the series is growing. Hamilton, who won four straight drivers championships from 2017 to 2020 and barely missed a fifth last year, endured a rough 2022, dropping to sixth in the standings and finishing without a race win for the first time in his 16-year Formula 1 career. Browse FORMULA 1 2023 salaries, transactions and more. Since 2017, Formula One has had 10 teams competing with two drivers each, for a total of 20 drivers. Lando Norris will have a new teammate at McLaren next season. Brand deals, corporate appearances, investments and merchandise can all contribute. Rosberg still likes to spend hours in the Mercedes simulator -- unlike teammate and reigning world champion Hamilton. Mansell was a lot more detailed with his set-up than people gave him credit for, said Coulthard. Hlkenberg sees no drawbacks to being a reserve. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. But I have a privilege to drive sometimes in practice sessions: This makes it more attractive. As part of a deal between the 2 teams, Mercedes test driver pairing is also accessible to McLaren. Lewis Hamilton is up next, with the seven-time World Champion aiming to wrest away the title from Verstappen and claim a record-breaking eighth world title. Romain Grosjean was a one-time understudy to Alonso and then teammate Nelson Piquet Jr at the team that Benetton spawned into, Renault, and made the step up into a race seat following Piquets acrimonious exit from the team in 2009. This is likely due to him struggling to impress his Red Bull bosses, with Tsunoda only occasionally performing at the level expected of him at AlphaTauri. Last year, Schumacher made his Formula One debut with Haas, and he will split the driving duties with Giovinazzi. And in the end only people who have driven an F1 car can understand what Im talking about: the feeling of driving the fastest cars around the world., Not many people on the planet have the privilege of doing it. The 24-year-old was linked with a return to Red Bull to replace Alex Albon for 2021 but committed his future to AlphaTauri. A 14m salary is reward for Max Verstappen's potential and he backed up his pay with two race wins in 2020. There are only 20 full-time race seats. F1 Reserve Drivers List 2022, Salary, Driver Rules. Germany's Pascal Wehrlein is learning from the best after making the step up to reserve driver behind Lewis Hamilton and Nico Rosberg at Mercedes. All rights reserved Part of, Forbes published a list of all-time highest paid sportspeople. Stoffel is well-known in the Dutch racing scene since the two are presently partners for the all-Formula E championship for Mercedes. NYCK DE VRIES Partnering Vandoorne as the other reserve driver at Mercedes is Nyck de Vries. Most drivers devote little attention to deals outside of the appearances theyre required to make for their teams and their teams sponsors, and only a handful are believed to rake in more than $1 million, with Hamiltons income off the track pegged at $8 million and Verstappens at $2 million for Forbes 2022 list of the worlds highest-paid athletes. This means teams are free to pay their star drivers as much as they can afford with no limits. He is signed through 2026, and Ferrari chairman John Elkann has publicly said the team should be able to capture a title by then, but Leclerc seems to have a shorter time frame in mind. The seven-time world champion is officially out of contract with Mercedes, but all the signs are pointing towards a new deal being signed. His contract runs through next season, and he indicated this fall that he expects to sign a new multi-year deal with Mercedes, tamping down speculation that he might retire. They are the forgotten men of Formula One, consigned to live in the long shadows of the sports global superstars. A driver salary cap from 2023 has been floated to further rein in the spending but the majority of teams would not trouble the proposed upper limit of 22m. 2023 Cable News Network. Kevin Magnussen (left) has taken a step back from race driver to reserve behind Fernando Alonso and Jenson Button at McLaren in 2015. The Italian scored points in three races last season but faced question marks over his future before his seat was confirmed. While the likes of Verstappen and Hamilton command huge salaries due to the immense value they bring to a team, newcomers and those struggling to impress dont have leverage over their teams to bump up their pay packets. Racing in Formula 1 means being part of an exclusive club. Di Resta had 59 starts to his name in F1 and has a history of stepping in for drivers at the last minute. The 2023 Formula One season will be the longest F1 season to date, with a total of 23 races. In this article, well explore how much we think Formula 1 drivers make, how they make their money, and who the richest drivers in history are. He has a two-year deal with Ferrari and is likely to have his sights on 2022, when new design rules come in, as the chance to really prove his worth. You learn from watching the drivers but also talking to them. Max Verstappens car collection: What cars does the F1 World Champion own? Alpines Fernando Alonso, the last driver to finish above Hamilton on the earnings leaderboard, comes in at No. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. One of the listed exceptions to the cost cap is racing driver salaries and fees. Stoffel has plenty of experience, with 41 F1 starts to his name with McLaren from 2016-2018. Ferrari's Charles Leclerc won two of the seasons first three races. Click on the different category headings to find out more and change our default settings. This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. You never hope for this, revealed Wehrlein. Three or four laps into a test, hed be out of the car, drinking an espresso, biting his nails, talking about it. Lando Norris is also worth a mention here. Whenever he decides to walk away, he will have plenty to keep him busy. Every time I put the belts on and Im in the car, it is giving me some emotions, he said. The cookies is used to store the user consent for the cookies in the category "Necessary". Coulthard, seen here with Prost, has likened the role to that of a sponge, taking in every facet of information possible to be prepared for the full-time race role. You want to get into the car at the beginning of the season and do every race, not just one race. But that doesnt mean that the above estimates dont give somewhat of an indication as to what the best drivers might be pocketing for their efforts. These cookies are necessary for the website to function and cannot be switched off in our systems. At the opposite end of the spectrum, F1s least-experienced drivers are paid a paltry (by F1 standards) sum. He was very driven by lap time. For instance, Kimi Raikkonen made a surprise return to Formula 1 in 2012 when he joined a fledgling Lotus team. Theyre specially trained to jump into the car at short notice and participate in the race if needed. As the 2021 Formula 2 Champion, the Aussie has been snapped up by Alpine and is expected to fill the seat of Fernando Alonso once he departs F1 again. You take all the information you can, he explained. However, they may also bring their own sponsors to the team, and these sponsors frequently also pay the drivers for doing any kind of PR work or attending sponsor events. 100% theyre all on individual deals, ranging from Hulk, who is probably on a decent wage from Aston. Having scored just 0 points in both preceding seasons, Kimi secured a huge 207 points and a third-place finish in the drivers championship in year one. He earned around 1.4m last season but could have bagged improved terms thanks to his impressive showings. Heres the official schedule of races for the upcoming season, with qualifying events happening the day before each. Amongst them are Ferraris Charles Leclerc, who will pocket $24 million from the Scuderia in 2023. The complicated world of motorsport contracts means that performance-based bonuses can determine a significant portion of the final wage. It was also hard to work with the drivers as they were thinking this driver wants to get your Friday [a practice session] or your race seat, so it is a little hard to get on with the race drivers.. https://www.nytimes.com/2022/09/08/sports/autoracing/f1-reserve-drivers.html. Red Bull driver Max Verstappen addressed the issue before the 2022 Azerbaijan Grand Prix, saying the growing popularity of F1 racing should benefit everyone, especially the drivers who put themselves at risk for fans entertainment. The latter was promoted to Mercedes for a single race after Lewis Hamilton tested positive for COVID-19. Andrej Isakovic/Agence France-Presse Getty Images. Grosjean and Magnussen were estimated to earn around 1.8m in the final year of their contracts. His work ethic was very impressive.. I am thinking about how backup quarterbacks make a shit ton to do often very little, but Im guessing its probably not the same in F1 (even though having a driver available seems pretty crucial). This figure reduced to $140 in 2022, and will decrease further to $135m in 2023. Like an understudy on the Broadway stage, reserve drivers must be ready to step into a lead role at a moments notice while never sure if, and when, the wait will end. Max Verstappen already passed Lewis Hamilton on the track, winning last seasons Formula 1 drivers championship in a nail biter of a finale. You never know when an opportunity is going to come by, and you want to not only do it as a job, but do it because you want to do it well.. The 2021 Formula 2 Winner has been signed by Alpine and is set to replace Fernando Alonso whenever he retires from the sport. That gives you a better feel of what is going on with the car, and it means youre more linked with the team in understanding technical aspects.. For the time being, he serves as the teams official Test Driver and a backup option for McLaren. The seven-time world champion featured in 8th on Forbes list of highest-paid athletes in 2021. I have to see myself as lucky.. For F1s men in waiting, the motion platform car simulator, used by the majority of F1 teams to hone driving skills and car improvements, are the next best thing. Coulthard, Grosjean and Wehrlein were competing at the Race Of Champions. Motorsport Tickets works directly with host circuits as an independent, authorised supplier of event tickets There were suggestions last week that Hulk was making more as Alpha's reserve than Haas were offering for their drive. The position of reserve driver can be filled by experienced hands like Pedro de la Rosa, who spent seven years in the role for McLaren, to youngsters like Wehrlein. Some salaries are estimates, based on a variety of sources, but we will update this piece once fresh information is confirmed surrounding each driver's annual pay packet. By clicking Accept, you consent to the use of ALL the cookies. He had 97 F1 appearances to his record and appeared to have a great career ahead of him. If not, be sure to look for the Daily Discussion, r/formula1's daily open question thread which is perfect for asking any and all questions about this sport. Di Resta has 59 F1 starts under his belt and a track record of filling in for motorists at the last moment. So while Verstappen is finally in the earnings driver seat, this is no time to take his foot off the gas. One of the top performers in 2020, Gasly became the first Frenchman to win a race since Olivier Panis in 1996 when he clinched victory at September's chaotic Italian Grand Prix. These cookies may be set through our site by our advertising partners. As the teams reserve, Fittipaldi was an option, but Haas re-signed the veteran driver Kevin Magnussen. You can unsubscribe at any time. It's likely to be another slog for the Italian team so Leclerc will have to be at the top of his game to improve on his two podium finishes last season. Esteban Ocon lost his seat at Force India, spent the next year as a Mercedes reserve and returned in 2020 with Renault, now Alpine. Lotus offered Kimi a whopping 50,000-per-point bonus as part of a sweet two-year deal. Nico Hulkenberg, most notably, filled in for both Racing Point drivers when they tested positive for COVID-19 in 2020 and returned in Bahrain this year to cover for Sebastian Vettel at Aston Martin. Part of the Red Bull programme, the Japanese driver impressed on his way to third in F2 last season. The Mercedes reserve driver pairing are also available to McLaren as part of an agreement between the two teams. Im still around, still in the mix and although a return is unlikely, it is not completely impossible, and youre still in and around Formula 1.. Because we respect your right to privacy, you can choose not to allow some types of cookies. In the reserve driver role its more about life experience, business decisions, being tuned in and learning to be a bit more worldly.. But how much do F1 drivers really earn? Necessary cookies are absolutely essential for the website to function properly. The 20-year-old travels to all the races in 2015 to learn the ropes. Pietro Fittipaldi during qualifying in 2020 in Abu Dhabi, where he raced for Haas in place of Romain Grosjean. How much F1 drivers earn is a complicated question to answer. Already racing for Mercedes in the German touring car championship, known as DTM, he was promoted to a role in F1 last season. He dropped back to seventh in the standings in 2022 but is still considered an exciting young talent heading into next season, when he will be paired with 21-year-old Oscar Piastri at McLaren. This figure reduced to $140 in 2022, and will decrease further to $135m in 2023. After his 2011 Rallying disaster. Schumacher the highest-ranking non-American on the list ranked 5th with all-time earnings of an eye-watering $1bn. What team principal Grard Lopzdidnt expect was the performance Kimi would produce. 11. He brings plenty of sponsorship cash and is likely to earn a similar sum to the 2.5m he was paid in 2020. Let us know in the comments. You also have the option to opt-out of these cookies. Calculate how much you could release or request a free guide. The New Zealander is also a backup for AlphaTauri, where he will make his Formula One debut this season. Schumacher made his F1 debut with Haas last year and will share the role with Giovinazzi. But the role of reserve driver can act as a stepping stone to world domination. They are typically veterans without a full-time ride, youngsters eyeing a race future or ousted racers who seek a return. The 31-year-old is out of contract at the end of the season. BBGP, which monitors F1's finances and business deals, has put together a full list of drivers salaries for 2020. Robert Kubica is a well known and respected figure around the F1 paddock. This is a BETA experience. It's all change for the popular Aussie after two years with Renault. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. What Are F1 Reserve Drivers Waiting For? Discovery Company. The best independent Formula 1 community anywhere. Source: 2023 Formula 1 salaries were collected from RacingNews365. Do they get paid a retainer and then additional if they end up racing? Robert Kubica of Alfa Romeo said he was woken up before 7 a.m. on the Saturday before the Dutch Grand Prix in 2021 and told that he would be racing the next day because Kimi Raikkonen had contracted Covid-19. Carlos Sainz Jr is estimated to have bagged to a pay boost from the 3.5m he earned driving for his former team. Wehrlein has already taken to the wheel of the F1 car but the majority of his time will be spent in the simulator. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. Its difficult to compensate, but you have to do the best you can, learn step by step; car time is the most important so you can build up on it and get the confidence.. Thus hell likely get a chance if Pierre Gasly or Yuki Tsunoda is unable to compete. Industry insiders expect the search for a competitive advantage within the new model will send driver pay soaring over the next few years. According to RacingNews365.com, these are the earnings for each Formula 1 driver in 2023. New comments cannot be posted and votes cannot be cast. One of the hottest prospects in the field, the Ferrari star earned a respectable eighth-place finish in 2020 despite driving a sub-par Ferrari car. He replaces Daniil Kvyat at AlphaTauri in 2021, with the Russian estimated to have been earning 1.4m a year the same as team-mate Pierre Gasly. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. You see things, watch from the outside and try to get it right when you get your chance. Now, with a second straight title sewn up weeks ago, Red Bull Racings 25-year-old star is outpacing his Mercedes rival in the financial race, too. F1 reserve drivers do get paid. Paul di Resta was confirmed as a third reserve driver last year, in case both Stoffel and Nyck were occupied during a Formula E race weekend. Here are the reported driver salaries for the 2023 F1 season. With five consecutive titles and a record-setting seven championships, the German completely dominated the sport in the early 2000s. This cookie is set by GDPR Cookie Consent plugin. WebFormula 1 Driver & Team Salaries for 2023: The 20 drivers on the 2020 F1 grid earn over 189 million combined. After three days of preseason testing at the Bahrain International Circuit in late February, the season is set to begin in early March. For now, though, he acts as the teams official Reserve Driver and an option for McLaren if they need it. Currently competing in Formula E with Mercedes, Vandoorne has been an official reserve driver for the constructors champions since 2020. They help us to know which pages are the most and least popular and see how visitors move around the site. Last season, he was a reserve driver for Red Bull. Sainz wound up sinking to fifth in the driver standings, but his strong start to the season helped him secure a two-year contract extension in April, keeping him at Ferrari through 2024. As reserve driver, I didnt drive at all, the Frenchman recalled. Lewis Hamilton has indicated he expects to sign a new multi-year deal with Mercedes. Lando Norris is likely to see his earnings rise in the future if he continues his progress up the grid. Heres what veterans and newcomers alike are expected to earn. However, after McLarens Daniel Ricciardo tested positive for COVID-19 during the pre-season test, the French team have offered their reserve driver as a helping hand throughout the season. George Russell impressed in his debut season with Mercedes. Without Sebastian Vettel, Daniel Ricciardo and Mick Schumacher in the 2023 season, there are some new faces in the racing game. There will, at least, be one 2022 reserve driver on Formula 1s 2023 grid. Liam Lawson, who is currently racing in F2, has been added as a Red Bull reserve driver in 2022. It must be really bad luck if one of them couldnt drive but Id step in.. Replacement for a COVID-positive Sebastian Vettel in Bahrain this campaign. Reserve drivers in F1, also known as test drivers, are the third drivers in Formula 1 teams and they often take part in testing and do most of the simulator work. In all, Formula 1s ten highest-paid drivers are collecting an estimated $264 million, a 25% increase from 2021s projections, which were generated during the season. Renault's rebrand to Alpine and the arrival of Fernando Alonso as his new team-mate could be the soft reboot the talented 24-year-old needs to enjoy a better campaign. After all, if a top drivers salary was officially leaked, other teams would have a ballpark figure to make an offer for an alluring new contract. Ricciardo, a breakout star on the Netflix docuseries Drive to Survive, is reportedly working with Hulu to develop an F1-focused scripted series. If one of the Ferrari drivers is unable to participate in a race weekend, the team will rely on a familiar face as their reserve driver; Antonio Giovinazzi, who has been a Ferrari reserve since 2017. Did you encounter any technical issues? But opting out of some of these cookies may affect your browsing experience. In 2021, a new cost cap concept was introduced to Formula 1. Teams use them to test cars and to be on standby if a top driver cant race. spc circuit f1 lotus romain grosjean_00003710.jpg, spc the circuit pedro de la rose barcelona_00023527.jpg. F1s new budget cap, introduced last season, is set to limit teams spending in key areas to $135 million next year, forcing Mercedes, Ferrari and Red Bull to contort their budgets from the days when they could spend $300 million or even $400 million unchecked. Carlos Sainz signed a two-year contract extension with Ferrari in April. It is a gamble between glory and obscurity. The 20-year-old German arguably has the most coveted reserve role on the F1 grid with the fastest car in the world within touching distance. Sergio Prez had a strong season with Red Bull Racing, but a kerfuffle with his teammate Max Verstappen in the penultimate race stole the attention. He wanted to set a quick lap time in the morning practice and then go off to the golf course. Which reserve driver would you want on your F1 team? Max Verstappens car collection: What cars does the F1 World Champion own? All information these cookies collect is aggregated and therefore anonymous. In 2020, for example, Ralf Schumacher said that Niko Hulkenberg was paid 300-500K Euros for the Eifel GP so if true its a really good deal for one race. F1, FORMULA ONE, FORMULA 1, FIA He will race for McLaren next season. Its no secret that Formula 1 is a money-spinning sport. From 2009 to 2011, the Swiss driver competed in 55 Formula One races with Toro Rosso, winning the World Speed Trophy twice as well as the Formula E Champion once. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Sergio Perez (USD$3,420,000) Red Bull Racing driver Sergio Perez rounds out the top 10 highest earning F1 drivers for 2021, with a reported salary of USD$3.42 million. If say Magnussen can analyze the hell out of Jenson Button and Alonso all season long he can only be quicker when hes back in a race seat. Partnering Vandoorne as the other reserve driver at Mercedes is Nyck de Vries. Vandoorne, who is now racing in Formula E for Mercedes, has always been the constructors winners official test driver since 2020. Fittipaldi at Haas is almost certainly paying big money for that spot. B.V. Find out how much F1 driver salaries are worth, including how much Lewis Hamilton, Max Verstappen and Lando Norris are paid. Fernando Alonso is jumping from Alpine to Aston Martin next season. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Mercedes' No.2 will want to quickly forget the final weeks of the 2020 season after a string of nightmare races including being outshone by stand-in Russell at the Sakhir Grand Prix. Note that these reported earnings are estimated basic salaries, and dont take into account further financial opportunities such as win, championship, or points bonuses, sponsorship agreements, or external business interests or investments. Claire Williams. Formula 1 pundit would put my money on Max Verstappen winning title with Ferrari, Fernando Alonso reveals career wish he would love to share with Lewis Hamilton, Lewis Hamilton identifies key areas of improvement as an F1 driver, Confusion reigns over Lewis Hamiltons W14 seat position complaint, Kimi Raikkonen: How family life has changed now away from F1 circus, Guenther Steiner on Ralf Schumacher relationship: It no longer exists, Driver ratings: The five worst drivers so far this F1 season, Sportword: Play our daily F1 word game on Planet Sport, F1 quiz: Every driver to win a Formula 1 race from 1990 to 1999, F1 quiz: Guess the Grid: 2000 Australian Grand Prix. Leclerc won two of the seasons first three races and ended up second in the standings after a dogfight with Red Bulls Sergio Prez. From one side you know that there is this chance, because this is my position, but I never think about it because its a bit of an uncomfortable situation, Kubica said. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Last year it was a very different role, a lot about developing the car, seeing how the team operates.. Spaniard 's move from McLaren to Ferrari all rights reserved part of an agreement the... Champion own signed a two-year contract extension with Ferrari in April 2 Winner has been an official reserve at! Hamilton tested positive for COVID-19 leaderboard, comes in at no % all. Season but could have bagged to a pay boost from the Scuderia in 2023 test cars and to on. Earn over 189 million combined a total of 23 races stepping in for drivers the. A complicated question to answer do not store directly personal information, but Haas the!: What cars does the F1 paddock Vettel, Daniel Ricciardo and Mick Schumacher in the racing.. Other reserve driver at Mercedes is Nyck de Vries an official reserve driver in 2023 passed Lewis,! 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