Formula 1

VIDEO: 2020 Formula 1 drivers salaries revealed

Sam Hall Thursday 31 December 2020 15:00

Formula 1 drivers are among the highest-paid athletes in the world but just how much did each driver take home in 2020?

Business Book GP has released a list of basic driver salaries for the past year. This list does not factor in personal sponsors and focusses instead on only the salaries being paid directly from the team to its drivers.

However, as several drivers agreed to take pay cuts across the year in order to help their teams survive the Covid-19 pandemic and the exact figures are closely guarded secrets, take these figures with a pinch of salt.

Using these figures as a guide in any case, it is interesting to see which teams could struggle to dip under the $30million salary cap set to be introduced for 2023, with this total to include the wages of both drivers.

Latest News

Azerbaijan Grand Prix

F1 stars have chance to break epic nine-year record at Azerbaijan GP

3 minutes ago

McLaren

McLaren to 'review' Norris and Piastri F1 treatment

48 minutes ago

Latest F1 News

Lewis Hamilton 'respect' demanded at Ferrari

1 hour ago

Azerbaijan Grand Prix

Azerbaijan Grand Prix set for major change ahead of F1 street race

2 hours ago

Azerbaijan Grand Prix

Sky F1 legend to miss Azerbaijan Grand Prix as Baku absence confirmed

3 hours ago

Azerbaijan Grand Prix

Team replace BOTH drivers for Baku as official statement issued ahead of Azerbaijan GP

Today 17:57

More news

FIA confirm Red Bull star stripped of victory at Italian Grand Prix

6 september

150.000+ views

FIA announce late demotion for F1 star at Dutch Grand Prix

31 august

100.000+ views

Lewis Hamilton hit with FIA penalty after Italian Grand Prix woe

6 september

100.000+ views

Max Verstappen absence confirmed for next race

Yesterday 12:56

100.000+ views

Mercedes cut ties with race-winning driver for 2026

29 august

75.000+ views

FIA announce Max Verstappen inspection as samples taken after Italian GP victory

10 september

F1 News 24/7

Races

About GPFans

GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.

We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.

With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.

Follow us on your favorite social media channel

Corporate & Media

Innovatieweg 20C
7007 CD, Doetinchem, Netherlands
+31645516860

CHOOSE YOUR COUNTRY

VIDEO: 2020 Formula 1 drivers salaries revealed

VIDEO: 2020 Formula 1 drivers salaries revealed