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F1 2013 driver salaries published – but who earns most?

10 May 2013

The annual list of F1 salaries has again been published, and while Fernando Alonso remains top, he has now been joined by Lewis Hamilton.

The report - published by Spanish newspaper El Mundo Deportivo and citing information compiled by Business Book GP - reckons both are now on around €20 million, Hamilton getting an extra €4 million per year following his switch from McLaren to Mercedes.

Interestingly though, the same publication had Alonso on a retainer of €30 million in 2012 – it is unclear why this estimate for the Ferrari #1 has now been revised...

Jenson Button meanwhile remains third, taking home €16 million, while triple F1 world champion, Sebastian Vettel has got an increase and now earns €12 million with Red Bull, €1 million a year more than Nico Rosberg and €2 million a year more than Mark Webber.

Felipe Massa has had a pay cut, reduced from €10 million a year to €6 million, while Kimi Raikkonen seems to be a relative bargain for Lotus on only €3 million a year (€2 million less than the figure quoted in 2012), although it is rumoured his pot is boosted substantially according to how he performs and how many points he scores.

Further back, Sergio Perez is now earning three times more than last year following his move to McLaren, with the Woking-based team paying him €1.5 million a season. Romain Grosjean, Nico Hulkenberg and Pastor Maldonado are the only other drivers said to be in the €1 million a year bracket, with Valtteri Bottas on €600,000, ahead of Jules Bianchi and Adrian Sutil on €500,000 apiece.

The full breakdown is below...


1. Fernando Alonso Ferrari €20m
= Lewis Hamilton Mercedes €20m
3. Jenson Button McLaren-Mercedes €16m
4. Sebastian Vettel Red Bull Racing €12m
5. Nico Rosberg Mercedes €11m
6. Mark Webber Red Bull Racing €10m
7. Felipe Massa Ferrari €6m
8. Kimi Raikkonen Lotus F1 Team €3m
9. Sergio Perez McLaren-Mercedes €1.5m
10. Romain Grosjean Lotus F1 Team €1m
= Pastor Maldonado Williams €1m
= Nico Hulkenberg Sauber €1m
13. Valtteri Bottas Williams €600,000
14. Jules Bianchi Marussia €500,000
= Adrian Sutil Force India F1 €500,000
16. Paul di Resta Force India F1 €400,000
= Daniel Ricciardo Scuderia Toro Rosso €400,000
= Jean-Eric Vergne Scuderia Toro Rosso €400,000
19. Esteban Gutierrez Sauber €200,000
20. Charles Pic Caterham €150,000
= Giedo van der Garde Caterham €150,000
= Max Chilton Marussia €150,000

What the F1 teams spent on drivers in 2013:

1. Mercedes €31m
2. Ferrari €26m
3. Red Bull Racing €22m
4. McLaren-Mercedes €17.5m
5. Lotus F1 team €4m
6. Williams €1.6m
7. Sauber €1.2m
8. Force India €900,000
9. Scuderia Toro Rosso €800,000
10. Marussia €650,000
11. Caterham €300,000

To compare to the 2012 salaries, CLICK HERE

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