Since 2017, Formula One has had 10 teams competing with two drivers each, for a total of 20 drivers. During a race weekend, Reserve Drivers, as they are officially known, are kept on the phone list or are frequently present at the track. He hasnt won a race since 2019 but leaves the sport with 53 career victories, the third-best mark in history, after Lewis Hamilton (103) and Michael Schumacher (91). 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. The cookie is used to store the user consent for the cookies in the category "Analytics". Perez faced the prospect of a year outside F1 after being dumped by Racing Point in favour of Vettel, but was picked up by Red Bull to replace Albon. There is extra scrutiny placed on Lance Stroll because his billionaire father Lawrence owns the Aston Martin formerly Racing Point team. He previously raced for the Alfa Romeo but lost his full-time seat at the end of the 2021 F1 season. F1 reserve drivers do get paid. Whenever he decides to walk away, he will have plenty to keep him busy. Create an account to follow your favorite communities and start taking part in conversations. Currently competing in Formula E with Mercedes, Vandoorne has been an official reserve driver for the constructors champions since 2020. This cookie is set by GDPR Cookie Consent plugin. If something happens to Nico or Lewis Ill be in the race car. 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. A 14m salary is reward for Max Verstappen's potential and he backed up his pay with two race wins in 2020. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". NYCK DE VRIES Partnering Vandoorne as the other reserve driver at Mercedes is Nyck de Vries. George Russell impressed in his debut season with Mercedes. Vettel, a four-time series champion, is retiring after 16 years in Formula 1. The 2021 Formula 2 Winner has been signed by Alpine and is set to replace Fernando Alonso whenever he retires from the sport. 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. 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. 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. There are a small handful of drivers, who are not World Champions, who are claiming remuneration packages taking them into the double-digit millions. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. With few Formula 1 driver salaries publicly available, Forbes generated its on-track compensation estimates in collaboration with Forbes.com contributor Caroline Reid of the data firm Formula Money. 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. These cookies are necessary for the website to function and cannot be switched off in our systems. There, he learned from a trio of world champions in Nigel Mansell, Alain Prost and Ayrton Senna, before making the jump to a race seat following the Brazilians fatal crash at the San Marino Grand Prix. 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. The 24-year-old was linked with a return to Red Bull to replace Alex Albon for 2021 but committed his future to AlphaTauri. Alonso landed in ninth place in the driver standings in his second season with Alpine after two years away from the sport, but the hugely popular Spaniard will jump to Aston Martin for the 2023 season to replace the retiring Sebastian Vettel. 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. As a general rule (see full rules), a standalone Discussion post should: be of interest to the sub in general, and not a specific userbase (e.g. It does not store any personal data. 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. Kubica raced from late 2006 to 2010, with one win, before a severe arm injury interrupted his career in 2011. Stoffel is well-known in the Dutch racing scene since the two are presently partners for the all-Formula E championship for Mercedes. Just a few doors down is Mick Schumacher, who has stepped up to the role for the 2022 F1 season. Ferrari doesnt have far to look for another one of their reserve drivers. Fernando Alonso is estimated to be earning 15m for his comeback season with Alpine, who have rebranded from Renault. I feel like having a year out Ive had more of a global view of what it takes to be a top-tier driver in the sense that I had the full picture sometimes in a race weekend or flat out in that zone you only see the racetrack, said Albon, who has since signed a multiyear Williams contract. but the salary for a reserve driver is not usually disclosed by the team however they may also have their own sponsors that they bring to the team, and these sponsors often also pay the drivers for doing any kind of PR work or attending sponsor events. Opportunities for a young racer to show off his skills behind the wheel is, in reality, limited. They are the forgotten men of Formula One, consigned to live in the long shadows of the sports global superstars. However, the seat went to Kevin Magnussen. One of the listed exceptions to the cost cap is racing driver salaries and fees. 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. 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. I still keep working hard on my goals something else could happen youve just got to keep working.. Stoffel has considerable of F1 experience, having made 41 starts for McLaren between 2016 and 2018. Enjoy this party classic with an updated RT twist - fun for all the family! What team principal Grard Lopzdidnt expect was the performance Kimi would produce. For now, driver salaries are not included in the Formula 1 budget cap, meaning teams can spend as much as they like in order to attract the best drivers in the world. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. Fernando Alonso is jumping from Alpine to Aston Martin next season. Forbes does not deduct for taxes or agents fees. Stoffel has plenty of experience, with 41 F1 starts to his name with McLaren from 2016-2018. The cookie is used to store the user consent for the cookies in the category "Performance". Prost was so different. It is a gamble between glory and obscurity. The remuneration for a reserve driver is typically not publicized by the team. Fittipaldi almost landed a racing seat this year after Nikita Mazepins contract was terminated by Haas just two weeks before the first race because of Russias invasion of Ukraine. I have to admit I would like to race, but I dont want our main drivers to be in the condition that they cant race. His strong season was also overshadowed by a kerfuffle with his teammate Max Verstappen in the penultimate race, last weeks So Paulo Grand Prix. Of course, it is worth bearing in mind that these figures are not published by the teams, so its impossible to know the figures. WebFORMULA 1 2023 Salaries Team/Drivers Rankings Transactions FORMULA 1: 2023 Team/Drivers Salaries Browse FORMULA 1 2023 salaries, transactions and more. While we have no doubt the base salaries of F1 drivers could more than enough for some to live for a lifetime, they only paint part of the picture. It doesnt hurt, and there were opportunities, otherwise I would have not raced a Formula 1 car since the end of 2019, he said. LARS BARON/GETTY IMAGES, CLIVE ROSE/GETTY IMAGES, The 2022 World Cup's Highest-Paid Players, The Most Powerful Sports Agents 2022: Scott Boras Is In A League Of His Own, NBA Team Values 2022: For The First Time In Two Decades, The Top Spot Goes To A Franchise That's Not The Knicks Or Lakers, Highest-Paid NHL Players 2022: Young Stars Are Making The Most Of Hockey's Hard Reality. His work ethic was very impressive.. Have the new F1 regs actually improved racing? https://thesportsgrail.com/f1-reserve-drivers-list-2022-salary-and-driver-rules/, Sice the Formula One season begun, concerns have arisen concerning who organizations have on backup in the event that one of their comprehensive drivers goes ill, know the 2022 F1 reserve drivers list and their salary. pic.twitter.com/etmryT1UrJ, BWT Alpine F1 Team (@AlpineF1Team) March 12, 2022. 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.. Motorsport Tickets works directly with host circuits as an independent, authorised supplier of event tickets To Fittipaldi at Haas who is probably paying the team to be the reserve driver. Double world champion Fernando Alonso carried out such a role before making the step up to a full race seat with Minardi and then Benetton. Stoffel has plenty of experience, with 41 F1 starts to his name with McLaren from 2016-2018. Kevin and Esteban will benefit greatly from a year out watching these guys, argued Coulthard. And by the time you get your chance, youre ready and you can fit in more easily.. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Published: Friday, 22nd January 2021 at 1:05 pm. They help us to know which pages are the most and least popular and see how visitors move around the site. With limited exceptions, teams were required to keep costs under $145m. Part of the Red Bull programme, the Japanese driver impressed on his way to third in F2 last season. Rosberg still likes to spend hours in the Mercedes simulator -- unlike teammate and reigning world champion Hamilton. It let me take my talent to a higher level by seeing them in a different way that I couldnt see them when racing. The 23-year-old comfortably outperformed old team-mate Albon but faces a fresh test against new rival Perez. He raced in the final two events of 2020 after Romain Grosjean was injured in an accident. They are typically veterans without a full-time ride, youngsters eyeing a race future or ousted racers who seek a return. 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. 2021 The SportsGrail, Sportsgrail Pvt Ltd All rights reserved. Liam Lawson is a Red Bull Racing Test Driver and AlphaTauris test driver. WebFORMULA 1 2021 Salaries Team/Drivers Rankings Transactions FORMULA 1: 2021 Team/Drivers Salaries Browse FORMULA 1 2021 salaries, transactions and more. He will race for McLaren next season. If you do not allow these cookies, you will experience less targeted advertising. Daniel Ricciardo enters the offseason without a ride for 2023. 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. Lewis Hamilton signed new financially improved 2-year contract with Mercedes making him the highest paid F1 driver of all-times in 40million a year ($54m USD) contract which runs till end of 2023 season. Alexander Albon climbing out of his Williams car during practice for the Hungarian Grand Prix in July. 2023 Cable News Network. The seven-time world champion pocket an estimated $40 million from his salary and endorsements. All information these cookies collect is aggregated and therefore anonymous. Hamilton, who has been the series top-earning driver in Forbes athlete rankings every year since 2013, sinks to second with an estimated $55 million. I was so lucky to test for three greats in Senna, Prost and Mansell. After he collected 183 points in his second year, his bonus alone was worth a whopping 19.5m. 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