F1: Current driver salary contract expiration dates (Update)
By Mark Cipolloni.
We have highlighted the six drivers we believe are out of a contract at the end of this season.
It will be interesting to see who gets to re-sign and for how long. 2023 Driver Performance will be key.
In the case of Lewis Hamilton, car performance will be key. If the 2023 Mercedes W14 is another dog, his interest to continue as a driver will be diminished, and he could choose to retire.
February 22, 2023
Below are the estimated base salaries for each 2023 F1 driver, excluding any personal endorsements and performance bonuses.
Max Verstappen has the longest running contract, good through 2028 and Lewis Hamilton is expected to sign at least a 2-year extension before the 2023 season begins.
F1 Driver Base Salary Contract Expiration Dates
| Driver | Team | Salary | Contract Good Thru |
| Max Verstappen | Red Bull | $55 million | 2028 |
| Charles Leclerc | Ferrari | $36 million | 2024 |
| Lewis Hamilton | Mercedes | $35 million | 2023 |
| Lando Norris | McLaren | $20 million | 2025 |
| Sergio Perez | Red Bull | $10 million | 2024 |
| Carlos Sainz | Ferrari | $10 million | 2024 |
| Valtteri Bottas | Alfa Romeo Sauber | $10 million | 2025 |
| George Russell | Mercedes | $8 million | 2023 |
| Esteban Ocon | Alpine | $6 million | 2024 |
| Fernando Alonso | Aston Martin | $5 million | 2024 |
| Pierre Gasly | Alpine | $5 million | 2024 |
| Kevin Magnussen | Haas | $5 million | 2023 |
| Alex Albon | Williams | $3 million | 2023 |
| Lance Stroll | Aston Martin | $2 million | None* |
| Nico Hulkenberg | Haas | $2 million | 2024 |
| Nyck de Vries | Scuderia AlphaTauri | $2 million | 2024 |
| Guanyu Zhou | Alfa Romeo Sauber | $2 million | 2023 |
| Oscar Piastri | McLaren | $2 million | 2024 |
| Yuki Tsunoda | Scuderia AlphaTauri | $1 million | 2023 |
| Logan Sargeant | Williams | $1 million | 2024 |
*Daddy’s boy Lance has a ride for as long as he wants to drive