F1’s lowest-paid driver earns £147 per mile – 50 times less than Lewis Hamilton

The staggering gap between the highest and lowest paid drivers in Formula 1 has been disclosed.

It will surprise no one that seven-time world champion Lewis Hamilton, arguably the greatest driver of all time, is the top earner, receiving in the region of £33million per year. According to data released by Top10 Casinos, that equates to £28,712 per race and an astonishing £7,845 per mile.

Second on the money list is world champion Max Verstappen, with the Red Bull driver picking up £20.5million per season – £17,945 per lap and just under £5,000 per mile. Next up, Alpine’s Fernando Alonso and Lando Norris of McLaren who are said to bank almost £16.5million per year – £14,356 per lap and £3,922 per mile.

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At the other end of the spectrum, just four drivers earn less than £1million per year. They are Zhou Guanyu, Mick Schumacher, Nicholas Latifi and Yuki Tsunoda. AlphaTauri’s Tsunoda is the sport’s lowest-earning, picking up £615,882 per year. That works out at £28,000 per race, £538 per lap and just £147 per mile.

After a disappointing debut season in the sport in 2021, the Japanese driver has enjoyed a better 2022 so far, although he blotted his copybook by committing the cardinal F1 sin of colliding with his teammate, Pierre Gasly, said to be on just over £4million a year, during Sunday’s British Grand Prix.

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Tsunoda conceded he was at fault for the incident, admitting after the race: “I think I could have waited for another opportunity to pass him. My speed was good going into the corner so I thought I could make it through. I also didn’t expect Pierre to close the door quite as much as he did, so this is a mistake from my side.

“Mainly, I just want to say sorry to the team. After that, I had damage to the car, it was very tricky to drive and that made the rest of the race very difficult for me.”

A clearly unhappy Gasly said he wanted to keep discussions about the clash in-house, saying: “With Yuki, yeah, I don’t want to speak about it now, but clearly something we need to speak internally [about] because we were both in the points. It was clearly an unnecessary incident and I’m just disappointed about it.”

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