Formula 1 is one of the richest sports in the world and F1 drivers get paid handsomely, with salaries rivalling some of the richest footballers, golfers, and basketball players in the world.
World Champion Lewis Hamilton's net worth is around $280 million, four-time champion Sebastian Vettel's net worth is around $55 million, while Australian driver Daniel Ricciardo's net worth is around $20 million, while young driver Max Verstappen's net worth has skyrocketed since he joined F1. And the money that they receive in F1 is going to increase with a lot of money coming into the sport through sponsorship.
The 2019 season is going to be bigger and better, as is the norm every season, with drivers and constructors upping their game in every race.
The 2019 season will also see F1 drivers rake in huge salaries, led by Mercedes driver and 5-time F1 World Champion, Lewis Hamilton, who signed a contract that will see him stay with the Silver Arrows till 2020, in a deal that is reportedly worth a whopping £40-50 million a year.
RacingElite have compiled a list of the approximate salaries of each F1 driver of the 2019 season:
Alexander Albon (Toro Rosso): F1 rookie Alexander Albon will race for Toro Rosso in the 2019 season and will reportedly earn €150,000.
George Russell (Williams): British youngster George Russell will race his debut F1 season for Williams and make €160,000.
Antonio Giovinazzi (Sauber): 25-year-old Antonio Giovinazzi returns to F1 with Sauber and is rumoured to make €200,000.
Lando Norris (Mclaren): The third rookie of the 2019 season, Lando Norris will race with McLaren in his debut year and earn €225,000.
Daniil Kvyat (Toro Rosso): Another F1 star who makes a return to the grid in 2019 is Daniil Kvyat who returns back to Toro Rosso and is reportedly set to make €275,000.
Robert Kubica (Williams): The biggest and most exciting return of 2019 is that of Robert Kubica, who will be driving for Williams and is to earn €500,000.
Kevin Magnussen (Haas): Kevin Magnussen retains his Haas seat for 2019 and is set to earn €1,000,000.
Lance Stroll (Racing Point): Lance Stroll will be racing for Racing Point, which was formerly Force India, and is now owned by his father, Lawrence Stroll. He is also going to earn €1,000,000.
Pierre Gasly (Red Bull): Like Max Verstappen before him, Pierre Gasly is set to make the jump from Toro Rosso to sister team, Red Bull, in 2019 and will earn €1,200,000.
Romain Grosjean (Haas): Romain Grosjean was outraced by his teammate Kevin Magnussen last year, but will look to turn things around. He is set to earn €1,500,000.
Sergio Perez (Racing Point): Sergio Perez retains his seat at Racing Point, and will earn €3,000,000 in 2019.
Charles LeClerc (Ferrari): Ferrari new boy Charles LeClerc is now part of the big leagues and will earn a handsome €3,000,000 in 2019.
Carlos Sainz (McLaren): McLaren have an all-new lineup for 2019, with Carlos Sainz replacing fellow Spaniard Fernando Alonso in the team. Sainz will earn €3,500,000.
Nico Hulkenberg (Renault): Nico Hulkenberg retains his seat at Renault, earning €4,000,000 in 2019.
Kimi Raikkonen (Sauber): Kimi Raikkonen returns to Sauber after his spell with Ferrari and will make €4,000,000.
Valtteri Bottas (Mercedes): The other Finnish driver in F1, Valtteri Bottas, will look to match teammate Lewis Hamilton in 2019. He will earn €7,500,000 driving for the Silver Arrows.
Max Verstappen (Red Bull): Max Verstappen is now the No. 1 in Red Bull after the departure of Ricciardo. He will earn €12,000,000 in 2019.
Daniel Ricciardo (Renault): Ricciardo, meanwhile, will be the third highest paid driver in F1 in 2019, earning €15,000,000.
Sebastian Vettel (Ferrari): The second highest paid driver in the grid in 2019, Vettel will earn a whopping €40,000,000.
Lewis Hamilton (Mercedes): The current and five-time World Champion, Lewis Hamilton will earn a mind-boggling €50,000,000 in the 2019 season.Published 21 Jan 2019, 17:11 IST