Astounding Ricciardo pay rise missed in decline

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There was a large displacement twelvemonth connected twelvemonth for 1 operator aft each the chaos of past year's Formula 1 satellite championship. Now, the salaries and bonuses of this year's 10 highest paid drivers person been revealed.

By Simon Chapman|10:41pm Nov 24, 2022

The highest paid Formula 1 drivers of 2022

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The highest paid Formula 1 drivers of 2022

Forbes has released the salaries of the highest paid Formula 1 drivers up and down the grid.

1. Max Verstappen – Red Bull

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1. Max Verstappen – Red Bull

Salary: $59.1 million

Bonuses: $29 million

Fresh disconnected the backmost of his archetypal Formula 1 satellite championship, Max Verstappen enjoyed a large boost financially. 

In 2021, helium earned a $36.9 cardinal wage and $25.1 cardinal successful bonuses, putting him astatine $62 cardinal each told.

He's enjoyed an adjacent bigger wage packet successful 2022, earning a $59.1 cardinal wage and $29 cardinal successful bonuses.

Verstappen was the ascendant unit successful Formula 1 this year, contempt Ferrari being arsenic quick, if not quicker connected one-lap pace.

Verstappen took conscionable 7 rod positions to Charles Leclerc's nine.

However, each told, Verstappen won 15 of this year's 22-race schedule. In the 2nd fractional of the season, the Dutch operator dominated winning 9 of the 11 races.

1. Max Verstappen – Red Bull

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1. Max Verstappen – Red Bull

The 2022 play marked Verstappen's eighth play successful Formula 1.

His debut successful 2014 came with plentifulness of conjecture arsenic helium became the youngest operator successful the sport's past to enactment successful a expansive prix play astatine conscionable 17 years old.

The pursuing year, helium became the youngest operator to commencement a satellite title expansive prix erstwhile helium debuted for Toro Rosso (now AlphaTauri).

Verstappen's meteoric emergence to Formula 1 came aft conscionable 1 play of FIA European Formula 3 Championship competition, successful which helium finished 3rd down Frenchman Esteban Ocon and British-born, New Zealand-raised Tom Blomqvist – lad of Stig Blomqvist.

Verstappen spent small much than a twelvemonth astatine Toro Rosso. When Russian Daniil Kvyat was spectacularly dropped conscionable 4 races into the season, Verstappen stood up.

Making his archetypal commencement with Red Bull, helium claimed a daze triumph successful the Spanish Grand Prix – what was the archetypal of 35 to date.

After astir a decennary of Mercedes dominance, Verstappen and Red Bull broke the stranglehold and won the 2021 title.

2. Lewis Hamilton – Mercedes

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2. Lewis Hamilton – Mercedes

Salary: $81.2 million

Bonuses: $0

Lewis Hamilton continues to beryllium 1 of the sport's precocious rollers. 

However, with thing to amusement for successful presumption of contention wins, determination are nary bonuses for the seven-time champ successful 2022.

The Brit earned $81.2 cardinal successful 2021 and an other $10.3 cardinal successful bonuses. This twelvemonth helium made the aforesaid $81.2 cardinal wage successful what was a lacklustre twelvemonth for Mercedes.

After scoring a podium successful the opening Bahrain Grand Prix, Hamilton went connected a seven-race adust spell earlier scoring 5 consecutive podiums. Hamilton was runner-up connected 5 occassions.

In a career-first. Hamilton ended a 15-year tally of claiming a triumph and a rod presumption successful each season.

He besides suffered his archetypal DNF since the 2018 Austrian Grand Prix erstwhile his Mercedes F1 W13 cried nary much successful the Abu Dhabi Grand Prix – successful galore ways, that summed up his season.

The 37-year-old gladly said goodbye to his sluggish Silver Arrows car, ending the play sixth overall.

2. Lewis Hamilton – Mercedes

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2. Lewis Hamilton – Mercedes

A prolific kart racer, Lewis Hamilton became the youngest British cadet karting astatine 10 years old.

Upon approaching McLaren brag Ron Dennis astatine the Autosport Awards for an autograph, the youngster said he'd similar to thrust 1 of the squad principal's Formula 1 cars.

"Phone maine successful 9 years, we'll benignant thing retired then," helium wrote.

It wasn't agelong earlier Dennis and McLaren had Hamilton signed to its improvement programme and acceptable him connected the mode to an eventual Formula 1 debut.

In 2007, Hamilton looked similar helium would execute the unthinkable and triumph the rubric successful his archetypal season.

He went into the finale with a five-point pb implicit teammate Fernando Alonso and Ferrari's Kimi Raikkonen.

In the end, Hamilton was lone seventh successful the Brazilian Grand Prix, which was dominated by Raikkonen who claimed what is inactive the astir caller Formula 1 rubric for the Scuderia.

3. Fernando Alonso – Alpine

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3. Fernando Alonso – Alpine

Salary: $44 million

Bonuses: $0

Fernando Alonso remains 1 of the highest paid Formula 1 drivers contempt his past rubric coming much than a decennary ago.

The two-time champion who raced for Alpine this twelvemonth coiled up ninth successful the drivers' championship.

The Spaniard was a regular points finisher, lone finishing extracurricular the apical 10 connected 8 occasions successful the 22-race season.

Alonso's $44 cardinal wage packet successful 2022 is up from his 2021 net of $36.9 million.

The Formula 1 circus was thrown into chaos erstwhile Alonso announced his departure from Alpine for Aston Martin, triggering a concatenation of events that led to Oscar Piastri joining McLaren.

3. Fernando Alonso – Alpine

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3. Fernando Alonso – Alpine

A prodigious talent, Alonso made his Formula 1 debut successful 2001 with Minardi and endured a pugnacious archetypal play wherever 10th was his champion finish.

He sat connected the sidelines for 2002 but joined Renault successful the meantime. His archetypal commencement with the squad successful 2003 drew points, finishing seventh successful the Australian Grand Prix.

Alonso rapidly recovered success, winning the 2005 and 2006 titles to extremity a play of dominance by Michael Schumacher.

However, his vocation could person looked a full batch antithetic had helium opted to articulation Jaguar successful 2002.

He tested with the British squad astatine Silverstone alongside German operator Andre Lotterer and Australian James Courtney, the second who went connected to triumph the Supercars Championship.

4. Sergio Perez – Red Bull

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4. Sergio Perez – Red Bull

Salary: $14.7 million

Bonuses: $23.6 million

Sergio Perez was the cleanable rear gunner for Max Verstappen successful 2022.

After making $7.3 cardinal successful 2021 and playing a cardinal relation successful Verstappen's rubric triumph that year, the Mexican was fixed a large boost to his paycheque.

All told, Perez made $14.7 cardinal and different $23.6 cardinal successful bonuses.

Perez took 2 victories this year, winning the prestigious Monaco Grand Prix and the Singapore Grand Prix.

He narrowly missed retired connected 2nd successful the drivers' championship, falling conscionable abbreviated of Charles Leclerc.

4. Sergio Perez – Red Bull

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4. Sergio Perez – Red Bull

Sergio Perez spent conscionable 2 seasons successful GP2 (now Formula 2) earlier stepping up to Formula 1 with Sauber.

It was a near-dream debut for the Mexican, who finished seventh up of his teammate Kamui Kobayashi astatine the 2011 Australian Grand Prix.

However, some drivers were disqualified aft a method infringement was discovered.

Perez spent 2 years astatine Sauber. He astir won the Malaysian Grand Prix successful 2012 but was conscionable pipped by Fernando Alonso.

A horrendous play astatine McLaren followed successful 2013 earlier a lengthy spell astatine the squad present known arsenic Aston Martin from 2014 to 2020, yet winning successful his second-to-last contention with the team.

5. Charles Leclerc – Ferrari

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5. Charles Leclerc – Ferrari

Salary: $17.7 million

Bonuses: $16.2 million

What a disappointment 2022 was for Charles Leclerc.

Ferrari looked to person nailed the caller regulations aft Leclerc and teammate Carlos Sainz finished archetypal and second.

However, the tide rapidly changed and Red Bull's Max Verstappen walked distant with the title.

Leclerc undoubtedly had pace, taking the astir rod positions of the year. However, mistakes of his ain and mediocre strategy yet kept him retired of the hunt.

Last year, Leclerc earned a $17.7 cardinal wage and nary bonuses. However, this twelvemonth helium astir doubled his wage successful bonuses unsocial to the tune of $16.2 million.

The Monegasque volition nary uncertainty he'll beryllium hoping the Scuderia benignant retired its strategy faux pas successful 2023.

5. Charles Leclerc – Ferrari

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5. Charles Leclerc – Ferrari

Long touted arsenic a prima of the future, Ferrari had Charles Leclerc signed astatine a young property to its operator academy.

Leclerc remains conscionable 1 of a fistful of drivers to triumph the Formula 3 (or GP3) and Formula 2 (or GP2) titles successful their archetypal season.

He dominated the 2017 rubric run, announcing himself with a spirited thrust from 14th to archetypal successful conscionable his 2nd Formula 2 contention successful Bahrain.

Later that year, helium won the diagnostic contention successful Azerbaijan conscionable 4 days aft his begetter died.

Leclerc was signed to Sauber for 2018 and joined Ferrari a twelvemonth later.

His archetypal triumph successful Formula 1 was tarred by tragedy. Leclerc won the Belgian Grand Prix conscionable a time aft his person Anthoine Hubert died successful a Formula 2 crash.

6. Sebastian Vettel – Aston Martin

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6. Sebastian Vettel – Aston Martin

Salary: $22.1 million

Bonuses: $2.9 million

Sebastian Vettel's last play successful Formula 1 was coagulated if unspectacular.

The four-time champion finished 12th successful the drivers' title for Aston Martin, adjacent connected points with McLaren's Daniel Ricciardo.

Last year, Vettel made $22.1 cardinal and this twelvemonth made the aforesaid wage with $2.9 cardinal successful bonuses.

The German operator announced his daze status midway done the season.

6. Sebastian Vettel – Aston Martin

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6. Sebastian Vettel – Aston Martin

Another prodigious talent, astatine 19 years aged Vettel was the then-youngest operator to enactment successful a expansive prix play with BMW astatine the 2006 Turkish Grand Prix.

He besides acceptable a grounds for copping the fastest good successful Formula 1 history, speeding successful the pit lane conscionable 9 seconds into his career.

A astonishment debut came successful the 2007 United States Grand Prix aft Robert Kubica's tremendous clang astatine the preceding Canadian Grand Prix.

Vettel finished eighth connected debut, becoming the then-youngest operator to people points.

A twelvemonth aboriginal helium joined Toro Rosso wherever helium spectacularly claimed triumph successful the Italian Grand Prix for what was the team's archetypal win.

7. Daniel Ricciardo – McLaren

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7. Daniel Ricciardo – McLaren

Salary: $22.1 million

Bonuses: $2.9 million

It's been astir a decennary since Daniel Ricciardo has finished extracurricular the apical 10 successful the drivers' championship.

Indeed, 2022 was a twelvemonth to hide for the McLaren operator who languished agelong down his teammate Lando Norris.

After winning the Italian Grand Prix successful 2021, Ricciardo's wage went up from $14.7 cardinal to $22.1 cardinal year-on-year with an further $2.9 cardinal successful bonuses.

Such was the disappointment of 2022 that McLaren and Ricciardo parted ways a twelvemonth aboriginal to marque mode for different young Australian, Oscar Piastri.

Ricciardo has since moved backmost to Red Bull wherever he'll anticipation to rebuild his career.

7. Daniel Ricciardo – McLaren

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7. Daniel Ricciardo – McLaren

A Formula Renault and British Formula 3 champion, Daniel Ricciardo was touted for Formula 1 occurrence erstwhile helium became portion of the Red Bull inferior academy.

Red Bull threw Ricciardo into Hispania Racing midway done 2011, finishing a season-best 18th successful the uncompetitive Hispania F111.

The pursuing twelvemonth helium joined Toro Rosso, scoring points successful his archetypal Australian Grand Prix start.

His determination to Red Bull came successful 2014 aft countryman Mark Webber vacated his seat.

It was astir different imagination location contention erstwhile Ricciardo finished third. However, helium was aboriginal disqualified for a method infringement. 

Seven of of Ricciardo's 8 wins person been with Red Bull.

8. Carlos Sainz – Ferrari

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8. Carlos Sainz – Ferrari

Salary: $11.8 million

Bonuses: $10.3 million

Carlos Sainz had an up-and-down 2022, to accidental the least.

Fifth successful the drivers' title possibly wasn't indicative of the Spaniard's quality and pace.

Ultimately, six retirements took the radiance disconnected what should person been a beardown 2nd play with Ferrari.

Sainz had conscionable the 1 triumph successful 2022, coming astatine the British Grand Prix. 

Financially, Sainz got a boost twelvemonth connected year. In 2021, helium earned $11.8 million. In 2022, helium earned the aforesaid wage with $10.3 cardinal successful bonuses.

Sainz is contracted done to 2024 with Ferrari.

8. Carlos Sainz – Ferrari

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8. Carlos Sainz – Ferrari

The lad of World Rally Championship victor Carlos Sainz, Sainz Jr enjoyed a coagulated inferior vocation that culminated successful winning the Formula Renault 3.5 Series implicit Pierre Gasly.

His promotion to Formula 1 came the pursuing twelvemonth with Toro Rosso alongside a baby-faced Max Verstappen.

Verstappen edged the Spaniard retired that season, scoring 49 points to Sainz's 18.

Sainz has ever been determination oregon thereabouts and has kept each of his teammates honorable throughout.

9. Lando Norris – McLaren

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9. Lando Norris – McLaren

Salary: $7.7 million

Bonuses: $8.8 million

Lando Norris tin laic assertion to being the champion of the remainder successful 2022.

Seventh wide successful the drivers' championship, Norris was the champion of those extracurricular the mighty Red Bull, Ferrari, and Mercedes men.

The young Brit soundly outclassed his McLaren teammate Daniel Ricciardo, scoring 122 points to the Australian's meagre 37.

A podium astatine Imola was the item of Norris' play successful which helium earned a $7.3 cardinal wage and $8.8 cardinal successful bonuses. 

Norris earned a $4.4 cardinal wage past twelvemonth and $8.8 cardinal successful bonuses.

9. Lando Norris – McLaren

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9. Lando Norris – McLaren

Lando Norris has had a meteoric emergence to Formula 1, winning races astatine each level of the ladder.

In 2016 helium won 3 championships earlier stepping up to the FIA European Formula 3 Championship, which helium won with comparative ease.

His sole FIA Formula 2 Championship run was troubled by mechanical issues successful a play successful which helium claimed conscionable 1 triumph connected his mode to 2nd down George Russell.

Norris' endowment was known and McLaren promptly signed the young weapon alongside Carlos Sainz to regenerate Fernando Alonso and Stoffel Vandoorne.

10. George Russell – Mercedes

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10. George Russell – Mercedes

Salary: $4.4 million

Bonuses: $10.3 million

After 3 years of waiting, George Russell's time yet came.

With the departure of Valterri Bottas, the FIA Formula 2 Championship victor yet made his long-awaited measurement up alongside Lewis Hamilton.

After astir a decennary of Mercedes dominance, the new-for-2022 regulations couldn't person gone overmuch worse for the Silver Arrows.

Russell claimed the sole triumph for the Enstone squad successful Brazil connected his mode to 4th successful the drivers' championship, good wide of teammate Lewis Hamilton successful sixth.

For his efforts this year, Russell earns a meagre $4.4 cardinal wage but $10.3 cardinal successful bonuses.

10. George Russell – Mercedes

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10. George Russell – Mercedes

For a time, George Russell thought his vocation mightiness travel to an abrupt end.

A lacklustre FIA European Formula 3 Championship run successful 2015 saw him assertion conscionable 1 triumph from 33 races connected his mode to sixth successful the standings.

A twelvemonth aboriginal helium improved, to 3rd wide with 3 contention wins.

A determination to the GP3 Series bore effect successful 2017, winning 4 of the 15 races and finishing connected the podium successful 7 of them to triumph the title.

His archetypal FIA Formula 2 Championship run successful 2018 was dominant, finishing good wide of his nearest rival Lando Norris.

A promotion to Formula 1 with Williams followed successful 2019 arsenic good arsenic a committedness to yet articulation Mercedes, which yet came successful 2022.

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