Formula 1 Salaries 2024 Season. The formula 1 drivers with the biggest base salaries in the 2024 season have been named, including lewis hamilton & max verstappen. Red bull racing’s max verstappen tops the list with a $55 million salary after the most dominant season in formula 1 history.

For the upcoming 2024 season, drivers will be required to pay a base fee of €10,400 (£9,017 gbp at current exchange rates) plus €2,100 (£1,820 gbp) per point scored in the previous season for their super licence. Formula 1—or f1 for short—is the highest class of international auto racing.