First entry: 2020 Austrian Grand Prix Team: Williams. Still, with his updated driver salary of USD$40 million, we cant imagine hes complaining. FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing Salary. In this article, well explore how much we think Formula 1 drivers make, how they make their money, and who the richest drivers in history are. 5 seasons. Seven-time champion Hamilton, 37, remains the best-paid driver with a salary of 40m after add-ons and bonuses. Norris currently earns around 20 million dollars per season, and his career earnings so far are approximately $280 million. The 2022 season was also supposed to have 23 . B.V. Find out how much F1 driver salaries are worth, including how much Lewis Hamilton, Max Verstappen and Lando Norris are paid. He won the MSA Formula Championship a year later while racing for Carlin. Lando Norris's salary 2023 $20.000.000 Lando Norris have an annual $20.000.000 salary per season. Lando Norris Ethnicity. Lando Norris earns around $5 million from endorsements alone. F1 driver salaries in 2023. . His house also had a sim room along with an indoor gym. That takes the 22-year-old ahead of Ferrari star Charles Leclerc and his McLaren team-mate Daniel Ricciardo, according to the Sun. First entry: 2017 Australian Grand Prix Before last season, Norris had only managed one podium finish, which shows how much he's growing into his own at McLaren. This is my fifth year in F1 and Im hoping to carry positive momentum into the new season after a year of racing under the new era of regulations. Born: 7 February 1996 (age 26 years), Rouen, France Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. Car number: 63 In 2022, Lando Norris renegotiated his salary to an incredible $20 millionquite a feat for someone who's not as long in the sport and hasn't yet had the opportunity to show his skills in a highly competitive car. Demanding billionaire investorswithout whom most teams wouldnt existlikewise provide for an endless supply of gripping content. We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. He also went on to win the European F3 title and performed quite well in the 2018 F2 championship. The answer ranges depending on each respective salary. The total family net worth is estimated to be $250m to $280m in 2022. A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. 2023 Man of Many Pty Ltd Sydney, Australia ABN 73 163 331 280. Of course, try telling that to seven-time champion Lewis Hamilton, who earned USD$15 million less this year than he did in 2021. After three days of preseason testing at the Bahrain International Circuit in late February, the season is set to begin in early March. Here are the countries of origin, sponsors and car numbers of each driver competing in 2023, according to ESPN, as well as how much Spotrac reports each is earning in salary for the 2023 season. Besides racing, Lando also makes money from his YouTube channel and businesses. Team: Ferrari. In turn, F1 viewership has reportedly increased by almost 50 per cent around the world. The information does not usually directly identify you, but it can give you a more personalised web experience. but are not associated in any way with the Formula One group of companies. A recent COVID-19 diagnosis kept him out of the first two races of the 2022 season. Last years salary was undisclosed but we can now report hes earning USD$750,000 with the AlphaTauri-Honda team. A perennial fan favourite, he has over 2.7 million followers on Instagram. Moreover, his earlier McLaren was a mere $5m (3.65m). Car number: 14 As you might expect, Lewis Hamilton is estimated to have the largest salary of the F1 drivers on the current grid. And when it comes to money, Formula 1 teams and bosses keep their cards close to their chest. Having unveiled the MCL60 - named in honor of the teams 60th anniversary - ahead of the 2023 Formula 1 season, McLaren will see Lando Norris joined by F1 rookie Oscar Piastri to form the youngest driver partnership on the grid. The __gads cookie is associated with the DoubleClick for Publishers service from Google. One of the youngest drivers on the grid at 22 is estimated to earn the same salary as 40-year-old two-time champion Fernando Alonso. And despite how good a car might be mechanically, its the driver who can really make the difference on the track. Spanning multiple countries and partnerships, F1 is already a wildly popular international sport with an innate sense of spectacle. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. All You Need to Know About Gregg Berhalter, Who Is Sydney McLaughlins Husband Andre Levrone Jr? Born: 15 February 1998 (age 24 years), Kings Lynn, United Kingdom The information does not usually directly identify you, but it can give you a more personalised web experience. When the MCL60 was revealed at the McLaren Technology Centre back in mid-February, the car appeared to be quite similar to its predecessor, however, there were distinctly more black areas, which of course follows the latest trend of reducing weight via paint removal. Oscar Piastri was pushing hard and finding the limits during FP1 #BahrainGP #F1 pic.twitter.com/dwDt2tZu09. Source: 2023 Formula 1 salaries were collected from RacingNews365. 2022: Mclaren: 16,200,000: 2023: Mclaren: 16,200,000: Other undefined teams: Carlos Sainz Jr. Logan Sargeant. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. These numbers, provided by Spotrac, are estimates as to what the drivers might be earning, and should be taken with a substantial pinch of salt. Michael Schumacher is thought to be the highest-paid Formula 1 driver of all-time, as well as one of the highest-earning sportspeople ever. You can unsubscribe at any time. Car number: 77 Red Bull driver Max Verstappen addressed the issue before the 2022 Azerbaijan Grand Prix, saying the growing popularity of F1 racing should benefit everyone, especially the drivers who put themselves at risk for fans entertainment. Heres what each Formula 1 driver makes, as per spotrac. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. Team: Red Bull Racing. First entry: 2022 Bahrain Grand Prix (via @Independent) pic.twitter.com/9FNhnn4H0C, Despite Lando securing a podium at Imola, we acknowledge that our finishing position in 2022 fifth is not where we want to be, but we come into the new season with a realistic perspective, he wrote. More info. This may include adverts from us and 3rd parties based on our understanding. Team: Williams. As for his respectable salary of USD$12 million, he surely feels that theres plenty of room for more greed. However, in 2021, Norris' on-track salary witnessed a substantial jump and is reportedly raced up to a whopping $9 million, which was only $1 million lesser than the salary of his teammate, Daniel Ricciardo. Here we have another F1 driver salary increase over the previous year, with Carlos Sainz Jr. adding about USD$3 million to his bottom line (not counting endorsement deals and other revenue streams). The team said in a statement that the confirmation of Daniel Ricciardo and Lando Norris McLaren contract beyond 2022 reiterates the team's commitment for stability in the future as they hope to compete at the front of the field as soon as possible. All You Need to Know About Daniel Ricciardos Girlfriend, Heidi Berger, Lewis Hamiltons Girlfriend: All You Need to Know About His Relationship Status in 2022. Norris, 22, will take home 10.5m per year - more than Ferrari's Charles Leclerc and outgoing McLaren. That said, we know there is more that we can get out of the existing package, and were looking ahead to the first F1 race of the season in Bahrain with great anticipation. Team: Alfa Romeo. But that doesnt mean Ill think any less of the team, Ill still have that faith and confidence in year two, year three, year four. All You Need to Know About the Former NFL Player, Jenson Brooksby vs Ugo Humbert: Prediction, Rankings and Prize Money Compared for ATP Basel Open 2022, Frances Tiafoe vs Emil Ruusuvuori: Prediction, Head-to-Head, Ranking and Prize Money Compared for ATP Stockholm Open 2022, Felix Auger Aliassime vs Dan Evans: Prediction, Head-to-Head, Ranking and Prize Money Compared for ATP European Open 2022. So comparing their McLaren contract, Lando Norris has a much better salary and contract length when compared to Daniel Ricciardos contract. Jacob Osborn is an accomplished author and journalist with over 10 years of experience in the media industry. Lotus offered Kimi a whopping 50,000-per-point bonus as part of a sweet two-year deal. Make sure and check out the F1 Driver Salaries 2023 Behind the 2021 championship protagonists, Lando Norris is on a reported 24 million per season, and after an excellent 2021 campaign the Brit was given a pay bump despite signing a new deal in the summer. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. Lando Norris was born on the 13th of November 1999 and is 23 years old as of 2022. To inquire about a licence to reproduce material, visit our Syndication site. F1, FORMULA ONE, FORMULA 1, FIA $25,660,000. In terms of upward moves, Lando Norris salary increase is as impressive as his driving skills. These cookies will be stored in your browser only with your consent. His endorsements include McLaren, Bell Helmets, wearegrip, ADD Management, and PAP. Let's call it a happy compromise while he saves up for the next big trip. $100 million) contract extension with McLaren (MCL) through 2025, Signed a contract extension with McLaren (MCL), Signed a 3 year contract extension with McLaren. Lando Norris is also worth a mention here. The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies. Never one to shy away from the high expectations placed on the team, McLaren CEO, Zak Brown, addressed fans directly in an open letter which was more cautious than it was confident. JOIN SUN VEGAS: GET A FREE 10 BONUS WITH 100s OF GAMES TO PLAY AND NO DEPOSIT REQUIRED (Ts&Cs apply). Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, iPhone Maker Plans $700 Million India Plant in Shift From China, Stock Traders Are Ignoring Blaring Bond Alarms, S&P 500 Notches Best Week Since Late January: Markets Wrap. To put it another way: the business of F1 is currently booming. Of course, it is worth bearing in mind that these figures are not published by the teams, so its impossible to know the figures. It was in 2019 that he made his debut for McLaren after having graduated from their driving school. Last entry: 2022 Emilia Romagna Grand Prix Born on November 13, 1999, Lando Norris is a British-Belgian F1 racer. Hamilton's Mercedes team-mate George Russell failed to even make the top half of the grid. Last win: 2021 Saudi Arabian Grand Prix The 2023 Formula 1 season salaries from top to bottom. This cookie is set by GDPR Cookie Consent plugin. These cookies are necessary for the website to function and cannot be switched off in our systems. This cookie is set by ShareThis, to test whether the browser accepts cookies. Last win: 2013 Spanish Grand Prix Drive to Survive also shines a spotlight on important figures such as Christian Horner, the larger-than-life boss of team Red Bull (and husband to Spice Girl Geri Halliwell). For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, F1's highest-paid drivers for the 2022 season, Hamilton and F1 title rival Verstappen are in a different league with their wages, Lando Norris is third in the list of top-paid F1 stars, F1s top 10 highest-paid drivers revealed with Lewis Hamilton still leading the way ahead of world champ Max Verstappen, Chelsea vs Leeds LIVE: Potter fighting for job against fierce rivals in do-or-die Premier League tie - LATEST, Man City 2 Newcastle 0: Foden scores stunner before Bernardo Silva seals win as champions keep up pressure on Arsenal, Chelsea stars told to sign three-year deals or face being SOLD with England ace and club legend among those at risk, Achraf Hakimi denies rape accusation alleging he's victim of 'racketeering' plot as wife 'dumps' the PSG star, Mason Greenwood's England future revealed after he turned down opportunity to play for another country, Arsenal vs Bournemouth bonus: Get money back as CASH if you lose, plus 100-1 tips, preview and prediction - 18+ T&Cs, Meet the F1 Wags of 2023, including supermodels from Brazil and Italy, as well as a Chinese professional golf star, Man Utd boss Erik Ten Hag's surprise secrets to success revealed, with boring 11 vs 0 training games and afternoon naps, signed a mega 37million-per-year new contract with Red Bull, GET A FREE 10 BONUS WITH 100s OF GAMES TO PLAY AND NO DEPOSIT REQUIRED, Independent Press Standards Organisation (IPSO). Car number: 31 Click here for additional information. It was a four-year contract that will run until 2026. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. McLaren. In 2016, he even won the Formula Renault 2.0 and the Toyota Racing Series. Jon Wilde 12 Feb 2022 11:55 PM A new McLaren contract for Lando Norris is reported to have elevated him onto the 'podium' of the three best-paid drivers on the Formula 1 grid. With a bigger and better contract, Norris has established himself as the leader at McLaren ahead of Ricciardo. Lando Norris - 10.5m Charles Leclerc - 10.19m Lewis Hamilton and Max Verstappen are the top two earners in F1 (Image: GETTY) Daniel Ricciardo - 10.19m Carlos Sainz - 7.28m Sebastian Vettel. These cookies ensure basic functionalities and security features of the website, anonymously. The seven-time world champion featured in 8th on Forbes list of highest-paid athletes in 2021. These cookies track visitors across websites and collect information to provide customized ads. Overall, the salary of an F1 driver didnt change as significantly in 2022 as it did in say 2020. He extended his deal with McLaren to 2025 in February 2022. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. He daydreams of travelling around the world, but for now, the world will have to come to him by way of lifestyle products, gear, gadgetry, and entertainment. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. 2023 Haas F1: Team principal Guenther Steiner | Drivers Kevin Magnussen and Nico Hulkenberg. It does not store any personal data. Rounding out the list of F1 driver salaries is Japans Yuki Tsunoda, who made his Formula One debut at the young age of 20. The British driver was barely a year old when Alonso made his Formula 1 debut, but is consistently tipped as one of the best talents on the grid and has a price tag that reflects that. Despite the underwhelming result at the end of the 2022 season, the one real bright spark for McLaren was the continued level of Lando Norris performance, which is to say it was excellent. How does F1 qualifying work, how many rounds are there and how long does it last? But I have strong faith in everyone at McLaren. It was one of the most intense races in the sports history, which only reinforced the status of both drivers as being in a class of their own. Team: Red Bull Racing. His height is around 5 feet 5 inches and his weight is around 73 kg. Lets find out. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . At Renault, Ricciardo was paid very well, with an annual salary of $27 million. Also, by disabling these cookies you will also disable banner ads served by Google Adsense on this website.. For more information about these items, view our complete privacy policy.Read More. Team: Aston Martin. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. The cookies is used to store the user consent for the cookies in the category "Necessary". All information these cookies collect is aggregated and therefore anonymous. Total Cash. That places him fourth on the list of F1 driver salaries, right behind Verstappen and Fernando Alonso. Lando Norris has signed a new 80million contract to keep him with McLaren for four more years. 16 years 2 months 25 days 12 hours 7 minutes. Saturday, 4th March 2023See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. ADVERTISEMENT After Ricciardo tested positive for COVID-19 and was unable to attend the Bahrain Official Preseason Testing, Norris completed all three days. May 19 2021. Its a question commonly asked by fans of the sport. First entry: 2021 Bahrain Grand Prix View our online Press Pack. Lando Norris is currently one of the hottest prospects on the F1 circuit. Rest assured, improving our performance over the course of the season is a key priority and the team are working together to bring further developments to the track as soon as possible. Last entry: 2022 Emilia Romagna Grand Prix We promised you the salary of an F1 driver and at last, we shall deliver it. His three-year deal will see him earn $45 million at the end of his contract. The McLaren F1 racing team sees big things from Lando Norris, whose salary has skyrocketed over the previous year. Because we respect your right to privacy, you can choose not to allow some types of cookies. Team: AlphaTauri. . Total Cash. Car number: 20 The foremost name in F1 racing, Lewis Hamilton still earns more than his peers by a rather wide margin. Team: Mercedes. This means teams are free to pay their star drivers as much as they can afford with no limits. What Is Lando Norris's Salary? Hence, Lando Norris salary needed to be upgraded to match his talent. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. He had showcased his helmets from the past seasons and the various awards in the memorabilia room. Lando Norris, U.K. (#4) - $20 million; Oscar Piastri, Australia (#81) - $2 million . Norris'. Alpine's legendary racer Fernando Alonso sits eighth with an annual salary of 6.55m. Google DoubleClick IDE cookies are used to store information about how the user uses the website to present them with relevant ads and according to the user profile. Lando Norris - 16.5m Lando Norris is one of the most popular drivers on the grid. Here are their respective McLaren contracts compared. With limited exceptions, teams were required to keep costs under $145m. Further, the contract amounts to the whopping $80.000.000 to keep him a part of the team. . Lewis Hamilton tops the charts with a whopping 40million-a-year, which was negotiated 12 months ago. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. But opting out of some of these cookies may affect your browsing experience. In this episode, Bronson explains how the lessons he learned in the kitchen translated to the booth, the reason money can never be the motivation for creating art, and why he believes that imperfections are the best part of any masterpiece. Lando Norris signed a 3 year / - contract with the McLaren. Later in 2016, he even won the Formula Renault 2.0 and Toyota Racing Series. Team: McLaren Racing F1 Team Number: 4 Years Active: 3 Podiums: 6 Sebastian Vettel: $15 MILLION A Red Bull spokesperson confirmed on Wednesday that Brown was at their factory. This Monaco-born racer described himself as being too greedy when a spin cost him major points in the recent Emilia Romagna Grand Prix, though he still ranks #1 in the overall standings. So how much did the rest of this years Formula 1 drivers make? If you do not allow these cookies, you will experience less targeted advertising. Daniel Ricciardos salary is $15 million per year. We are delighted to launch our 2023 Formula One team with Lando and Oscar at the wheel as we celebrate 60 years of McLaren Racing, CEO Zak Brown said. In 2021, a new cost cap concept was introduced to Formula 1. In 2017, Forbes published a list of all-time highest paid sportspeople. While F1 is the pinnacle of motorsport, it is also a business. Thats the higher end and thats when there will be more opportunities for us to achieve more as a team.. May 19 2021 Signed a contract extension with McLaren (MCL) Jul 1 2019 Signed a 3 year contract extension with McLaren. Read more All You Need to Know About Daniel Ricciardos Girlfriend, Heidi Berger. 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.