P1racenews AI automatic summary:
Max Verstappen unsurprisingly took home the most money from his dominant F1 2023 season but Lewis Hamilton wasn’t far behind.
According to Forbes, these figures represent the earnings of F1 drivers, particularly Max Verstappen, after winning his third consecutive championship. These earnings include salaries, bonuses, and additional earnings from sponsorships and marketing activities. The top 10 drivers collectively earned $258 million this year, slightly lower than the $264 million in 2022. Verstappen’s high number of wins resulted in significant bonuses, while Lewis Hamilton reportedly has a higher base salary. However, Hamilton did not receive any bonuses after a winless year. Verstappen may anticipate a raise from Red Bull following his record-breaking season, whereas Hamilton signed a new contract with Mercedes in 2023. Team principals from Mercedes and Haas mentioned the significant impact of big teams and the anticipated increase in driver prices with the implementation of a cost cap in F1.
