F1 prize money 2025 & distribution: how much do drivers make?
Find out about F1 prize money in 2025 & distribution explained for Formula teams.
F1 ranks high as one of the richest sports, having lucrative prize money, and the 2025 payouts are not different.
Firstly, the prize money in Formula One is split based on the performance of teams in the Constructors' Championship. Drivers don't receive direct prize money but are liable to earn bonuses when they win.
F1 prize money for Constructors' Championship
The Constructors' Championship gets the highest share of the F1 prize money, and the team that finished in the lowest place receives the least amount in the pool.
At the end of the 2024 season, McLaren earned an estimated prize money worth $161 million, which is an estimated 14% from the pool. Sauber, who finished 10th, took up to $69 million.
F1 prize money for drivers
The F1 prize money distribution formula for drivers is based on the podium finish. Verstappen was the highest-paid F1 driver in 2024.
Here's the full list.
Max Verstappen - $65 million (Red Bull)
Lewis Hamilton - $60 million (Ferrari)
Charles Leclerc: $34 million (Ferrari)
Fernando Alonso - $20 million (Aston Martin)
Lando Norris - $20 million (McLaren)
George Russell - $15 million (Mercedes)
Carlos Sainz - $10 million (Williams)
Pierre Gasly - $10 million (Alpine)
Alex Albon - $8 million (Williams)
Nico Hülkenberg - $7 million (Sauber)
Esteban Ocon - $7 million (Haas)
Oscar Piastri - $6 million (McLaren)
Lance Stroll - $3 million (Aston Martin)
Gabriel Bortoleto - $2 million (Sauber)
Yuki Tsunoda - $2 million (Racing Bulls)
Kimi Antonelli - $2 million (Mercedes)
Oliver Bearman - $1 million (Haas)
Liam Lawson - $1 million (Red Bull)
Jack Doohan - $500k-$1 million (Alpine)
Isack Hadjar - $500k-$1 million (Racing Bulls)
Who are the F1 teams in the 2025 season?
Mercedes-AMG Petronas F1 Team
Mercedes-AMG Petronas F1 Team is the German Formula One racing team that acts as team owner and engine manufacturer.
Scuderia Ferrari
Scuderia Ferrari (racing under Scuderia Ferrari HP) is an
Italian F1 Team known for being part of the luxury car brand Ferrari.
Scuderia Ferrari is regarded as the most successful Formula One team.
Red Bull Racing
Red Bull Racing (Oracle Red Bull Racing) operates under an Austrian racing licence. The Red Bull Racing team is owned by Red Bull GmbH.
McLaren F1 Team
McLaren Racing Limited is a subsidiary of the McLaren Group. It is the second-oldest active team and the second-most successful in Formula One.
Aston Martin F1 Team
Aston Martin is currently represented by the Aston Martin Aramco F1 Team.
Alpine F1 Team
Alpine F1 Team (BWT Alpine F1 Team) is owned by Renault.
Williams Racing
Williams Racing is a British Formula One team and constructor.
Haas F1 Team
Haas (MoneyGram Haas F1) is an American F1 team.
Racing Bulls
Racing Bulls (Visa Cash App) Racing Bulls F1 Team is an Italian Formula One racing team and the second Red Bull-owned racing brand.
Sauber (Stake F1 Team)
Sauber is a Swiss racing team.