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F1 Driver Salaries 2025: Max Verstappen's victory at Imola last weekend showed Red Bull's champion remains a force in the Formula One title battle but Sunday's showcase Monaco Grand Prix should see McLaren regain the momentum. Last year's home winner Charles Leclerc cannot be counted out, even with Ferrari's current qualifying woes, and nor can Mercedes but McLaren have won a record 15 times in Monaco and the slow, twisty circuit should suit their car.

This is exactly what excites the Formula 1 fans - the thrill and skill of star drivers who battle it out amongst each other on the race track.

With every Grand Prix, Formula 1 showcases some of the sport's most skilled and highly compensated drivers, who have secured substantial contracts based on their exceptional abilities and market appeal.

Highest-Paid F1 Drivers For 2025:

Max Verstappen, Red Bull: 75 million (in dollars)

The Dutch sensation, Max Verstappen, remains the dominant figure on the Formula 1 track. Having entered the F1 grid in 2015 as the youngest driver ever, Verstappen has since claimed multiple World Championships. Now 27 years old, he continues to race for Red Bull Racing with a reported annual salary of $75 million. His estimated net worth is $200 million, and his influence extends significantly beyond racing.

Lewis Hamilton, Ferrari: 57 million (in dollars)

Seven-time world champion Lewis Hamilton made a blockbuster transfer to Scuderia Ferrari in 2025, following a decade-long tenure with Mercedes. At 40 years of age and standing at 1.74 meters tall, Hamilton is determined to secure a record-breaking eighth championship. His reported annual salary at Ferrari is $57 million, adding to his already impressive net worth of $300 million.

Lando Norris, McLaren: 35 million (in dollars)

British-Belgian driver Lando Norris began his F1 career with McLaren in 2019 and has been instrumental in the team's resurgence. At 25 years old and 1.70 meters tall, he earns $35 million per annum in 2025.

Fernando Alonso, Aston Martin: 27.5 million (in dollars)

Veteran Spanish driver Fernando Alonso continues to demonstrate his racing prowess with Aston Martin. With two World Championships under his belt, Alonso's extensive experience is invaluable to his team. At 43 years old and 1.71 meters tall, his annual contract in 2025 is valued at $27.5 million. His net wealth is $240 million, and he is widely regarded as one of the most respected figures in the sport.

Charles Leclerc, Ferrari: 27 million (in dollars)

Monegasque racer Charles Leclerc has been a vital component of Ferrari since joining the team in 2019. Leclerc consistently contends for championship glory. At 27 years old and 1.80 meters tall, his annual salary in 2025 is $27 million. His net worth is estimated at $125 million, and he is married to Charlotte Siné. Leclerc remains a crucial part of Ferrari's championship aspirations.