Hamilton catches Alonso as F1's highest earner

By on Wednesday, May 8, 2013

Lewis Hamilton has caught up with Fernando Alonso as F1's highest earner.

According to Business Book GP 2013, Briton Hamilton now earns an estimated €20 million per season after switching from McLaren to Mercedes over the winter.

The publication claims Spaniard Alonso earns the same at Ferrari.

Curiously, F1's next highest earner is Jenson Button, with  €16 million, followed by reigning triple world champion and early 2013 title leader Sebastian Vettel (€12m).

Also in double-digits are Nico Rosberg (€11m) and Mark Webber (€10m), while Brazilian Felipe Massa (€6m) appears to have taken a pay-cut in the wake of his poor 2012 campaign.

Kimi Raikkonen earns €3m per year from Lotus, although the Finn is on a performance based contract that sees him receive an estimated €40,000 per point.

Mexican Sergio Perez is paid just €1.5 million by McLaren, and the only other F1 millionaires are Romain Grosjean, Pastor Maldonado and Nico Hulkenberg (all €1m).

According to the report, the average salary has dropped by €540,000 across the past 12 months, with half of the grid earning less than €1m for their 2013 efforts.


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On this day
  • Juan Pablo Montoya won the 2004 Brazilian Grand Prix.
  • Richie Ginther won the 1965 Mexican Grand Prix.
  • Mike Hawthorn won the 1954 Spanish Grand Prix.
  • Mario Andretti won the 1976 Japanese Grand Prix.
  • Ayrton Senna won the 1993 Japanese Grand Prix.
  • Fernando Alonso won the 2010 Korean Grand Prix.