F1 reserve drivers do get paid. F1s new budget cap, introduced last season, is set to limit teams spending in key areas to $135 million next year, forcing Mercedes, Ferrari and Red Bull to contort their budgets from the days when they could spend $300 million or even $400 million unchecked. Racing in Formula 1 means being part of an exclusive club. Lewis Hamilton is up next, with the seven-time World Champion aiming to wrest away the title from Verstappen and claim a record-breaking eighth world title. I have to see myself as lucky.. In 2021, a new cost cap concept was introduced to Formula 1. Currently competing in Formula E with Mercedes, Vandoorne has been an official reserve driver for the constructors champions since 2020. One of the listed exceptions to the cost cap is racing driver salaries and fees. 100% theyre all on individual deals, ranging from Hulk, who is probably on a decent wage from Aston. Aitken will continue in this role for the 2022 season. Theyd finished a lowly 10th place the previous two seasons, and had a plan to coax the 2009 world champion into their seat. Nor can they be sure of finding a seat elsewhere if they leave, meaning they tolerate their lowly payslips. The target this year is to learn everything: procedures, all they say about the car and getting confident with everyone within the team. With limited exceptions, teams were required to keep costs under $145m. Industry insiders expect the search for a competitive advantage within the new model will send driver pay soaring over the next few years. After his 2011 Rallying disaster. Nico Hlkenberg started 177 races in Formula 1, but lost his Renault seat after 2019. Ferrari's Charles Leclerc won two of the seasons first three races. A successful F1 driver can expect to earn several million dollars a year from their team, with most drivers aiming to score high-paying contracts with the teams most likely to give them the best chance at championship glory. Prost was so different. On the current grid, Lando Norris is the CEO of entertainment company Quadrant, while Lewis Hamilton has a string of investments, as well as recently being linked with a contribution towards a Chelsea Football Club bid. When Kimi Raikkonen came back positive for COVID-19 in 2021, he covered for him at Monza and Zandvoort. Covering for a COVID-positive Sebastian Vettel in Bahrain this season, the super substitute was forced to jump into a Racing Point on three occasions in 2020 but could only start two of the three races. F1 2023 Driver Salaries Revealed: How Much Do Formula 1 Drivers Make? He made a stunning return in 2019. Press J to jump to the feed. Off-track compensation, including endorsements, is not included in this ranking. After three days of preseason testing at the Bahrain International Circuit in late February, the season is set to begin in early March. Source: 2023 Formula 1 salaries were collected from RacingNews365. He has not won a race since the Singapore Grand Prix in 2019 but, with a quick car at his disposal, hopes are high for a return towards the front rows of the grid. So in a recent interview with Matthew Carter, former Lotus team boss and generally well connected and commercially astute guy, he suggested that reserve drivers would expect to pay/bring mid single digit millions to be the reserve driver. A driver salary cap from 2023 has been floated to further rein in the spending but the majority of teams would not trouble the proposed upper limit of 22m. Zhou Guanyu will take home $2 million from Alfa Romeo, while Lance Stroll is also believed to be on a relatively lowly salary despite being the son of team owner Lawrence Stroll. Most notably, Nico Hulkenberg stood in for both Racing Point racers when they came back positive for COVID-19 in 2020, and he returned to Bahrain each year to replace Sebastian Vettel at Aston Martin. The remuneration for a reserve driver is typically not publicized by the team. Stoffel has considerable of F1 experience, having made 41 starts for McLaren between 2016 and 2018. BBGP, which monitors F1's finances and business deals, has put together a full list of drivers salaries for 2020. The information does not usually directly identify you, but it can give you a more personalised web experience. The F1 wage payers are often reluctant to reveal the official figures, and then there is sponsorship to factor in. The two-time world champion is back in Formula 1 after a two-year absence. He brings plenty of sponsorship cash and is likely to earn a similar sum to the 2.5m he was paid in 2020. What Are F1 Reserve Drivers Waiting For? Kubica raced from late 2006 to 2010, with one win, before a severe arm injury interrupted his career in 2011. With some of the biggest car brands in the world competing with lucrative brand deals, the money involved in the pinnacle of racing is dizzying. 2021 could be challenging with four-time world champion Sebastian Vettel replacing Sergio Perez as his team-mate. The 21-year-old is tipped for the top but faces a difficult first season in F1 with Haas, who endured a wretched 2020. The Mercedes reserve driver pairing are also available to McLaren as part of an agreement between the two teams. F1 Reserve Drivers List 2022, Salary, Driver Rules. Thank you for your cooperation and enjoy the discussion! He made his F1 breakthrough. Theyre specially trained to jump into the car at short notice and participate in the race if needed. It must be really bad luck if one of them couldnt drive but Id step in.. Double world champion Fernando Alonso carried out such a role before making the step up to a full race seat with Minardi and then Benetton. Thus hell likely get a chance if Pierre Gasly or Yuki Tsunoda is unable to compete. Hlkenberg sees no drawbacks to being a reserve. After he collected 183 points in his second year, his bonus alone was worth a whopping 19.5m. I told them I knew I could perform, but I respect the call, and it doesnt change the situation, Fittipaldi said of Haas. 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. Amongst F1s lowest-paid drivers in 2023 are the rookie drivers: Logan Sargeant and Nyck de Vries are expected to bring home around $1 million each. F1 driver numbers: Which numbers will the 20 F1 drivers be using in 2023? During a race weekend, Reserve Drivers, as they are officially known, are kept on the phone list or are frequently present at the track. As reserve driver, I didnt drive at all, the Frenchman recalled. Press question mark to learn the rest of the keyboard shortcuts. He is estimated to be the sixth-best paid driver in the field. Discovery Company. The position of reserve driver can be filled by experienced hands like Pedro de la Rosa, who spent seven years in the role for McLaren, to youngsters like Wehrlein. Vettel's expected salary with his new team represents a huge drop from his 37m-per-year earnings with the Prancing Horse. Renault's rebrand to Alpine and the arrival of Fernando Alonso as his new team-mate could be the soft reboot the talented 24-year-old needs to enjoy a better campaign. In all, Formula 1s ten highest-paid drivers are collecting an estimated $264 million, a 25% increase from 2021s projections, which were generated during the season. Reserve F1 drivers are compensated. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. He replaces Daniil Kvyat at AlphaTauri in 2021, with the Russian estimated to have been earning 1.4m a year the same as team-mate Pierre Gasly. After takng part as a sub driver in NL and IT GP last year Robert has currently 99GP under his belt , Heres The Reserve Driver For Each F1 Team In 2022. This is a BETA experience. He was a favourite for the Haas seat in 2022 after the team removed Nikita Mazepin from their line-up and took part in an afternoon of pre-season testing for the team in Bahrain. 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. The best independent Formula 1 community anywhere. 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. You learn from watching the drivers but also talking to them. This cookie is set by GDPR Cookie Consent plugin. Lewis Hamilton will unsurprisingly remain Formula 1's top earner in 2020, with the seven-time world champion collecting a basic salary from Mercedes estimated at a lofty 47m, according to industry publication Business Book GP. One rumored possibility is that he could become a reserve driver for Mercedes or Red Bull. These cookies are necessary for the website to function and cannot be switched off in our systems. Pietro Fittipaldi during qualifying in 2020 in Abu Dhabi, where he raced for Haas in place of Romain Grosjean. but the salary for a reserve driver is not usually disclosed by the team however they may also have their own sponsors that they bring to the team, and these sponsors often also pay the drivers for doing any kind of PR work or attending sponsor events. It let me take my talent to a higher level by seeing them in a different way that I couldnt see them when racing. 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. A wretched final season at Ferrari has the four-time champion under pressure to deliver for Aston Martin in 2021. F1 driver numbers: Which numbers will the 20 F1 drivers be using in 2023? Fittipaldi at Haas is almost certainly paying big money for that spot. You take all the information you can, he explained. Lewis Hamilton has indicated he expects to sign a new multi-year deal with Mercedes. It doesnt hurt, and there were opportunities, otherwise I would have not raced a Formula 1 car since the end of 2019, he said. And then there was Senna, who was a mix of them all - he could deliver the speed, he could get out there and do the hard work. Source: 2023 Formula 1 salaries were collected from RacingNews365. Part of the Red Bull programme, the Japanese driver impressed on his way to third in F2 last season. Perez faced the prospect of a year outside F1 after being dumped by Racing Point in favour of Vettel, but was picked up by Red Bull to replace Albon. He is followed by Max Verstappen with $25 million and Fernando Alonso with $20 million. After Alex Albons departure from Red Bull Racing in 2022, Sebastien Buemi is named Test And Reserve Driver. Mercedes' No.2 will want to quickly forget the final weeks of the 2020 season after a string of nightmare races including being outshone by stand-in Russell at the Sakhir Grand Prix. Kubica, who now races in the World Endurance Championship, also retains his Formula 1 connection. Since the pandemic, reserve drivers have been called upon A LOT. From 2009 to 2011, the Swiss driver competed in 55 Formula One races with Toro Rosso, winning the World Speed Trophy twice as well as the Formula E Champion once. Nico Hulkenberg, most notably, filled in for both Racing Point drivers when they tested positive for COVID-19 in 2020 and returned in Bahrain this year to cover for Sebastian Vettel at Aston Martin. As a rising star in 2006, he was driving more than the main drivers during the era of unlimited testing, which was mega for a young driver, he said. Formula 1 pundit would put my money on Max Verstappen winning title with Ferrari, Fernando Alonso reveals career wish he would love to share with Lewis Hamilton, Lewis Hamilton identifies key areas of improvement as an F1 driver, Confusion reigns over Lewis Hamiltons W14 seat position complaint, Kimi Raikkonen: How family life has changed now away from F1 circus, Guenther Steiner on Ralf Schumacher relationship: It no longer exists, Driver ratings: The five worst drivers so far this F1 season, Sportword: Play our daily F1 word game on Planet Sport, F1 quiz: Every driver to win a Formula 1 race from 1990 to 1999, F1 quiz: Guess the Grid: 2000 Australian Grand Prix. B.V. Find out how much F1 driver salaries are worth, including how much Lewis Hamilton, Max Verstappen and Lando Norris are paid. Estimated Alfa Romeo AlphaTauri Alpine Aston Martin Ferrari Haas McLaren Mercedes Red Bull Racing Kevin and Esteban will benefit greatly from a year out watching these guys, argued Coulthard. 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