How much money will Franco Colapinto earn as a Formula 1 driver?

How much money will Franco Colapinto earn as a Formula 1 driver?

August 27, 2024 – 14:46

The 23-year-old could make his debut next weekend at the Italian circuit of Monza, and expectations are growing to see an Argentine back behind the wheel of a single-seater.

The Argentine Franco Colapinto He is going through his best hours as an athlete after the recent confirmation of the team Williams Regarding his inclusion as a pilot of Formula 1 for the rest of the season.

The 23-year-old could make his debut next weekend on the Italian circuit Monza, and expectations are growing to see an Argentine again behind a single-seater F1.

As is known, the Formula 1 It is recognized for being one of the most expensive and lucrative sports worldwide, with drivers travelling around the world competing on various circuits and driving the fastest cars. This dynamic contributes to the high salaries of the drivers, who are generously compensated for the risk and economic impact they generate.

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Franco Colapinto will tour the City of Buenos Aires in two historic cars

Franco Colapinto will tour the City of Buenos Aires in two historic cars

Unlike other sports, the F1 does not have official or completely reliable figures on the pilots’ salaries. The information on his income comes from a mix of sources and estimates, allowing for a general approximation, but not an exact figure.

This season, the pilots of Formula 1 have very varied salaries. The highest incomes correspond to pilots with notable contracts and considerable influence in the sport. Among those who earn the most are Lewis Hamilton and Max Verstappen, who top the salary charts due to their success and reputation on the track. On the other hand, drivers with less prominent contracts earn considerably less, although they still remain in a high range compared to other professions.

How much money will Franco Colapinto earn as a Formula 1 driver?

As we have pointed out, the salaries of the pilots of Formula 1 They are not exact, although they are approximate based on the income of the brand they represent, advertising, objectives, and so on.

In this context, and according to the latest updates, Franco Colapinto would win US$1,000,000 per season as a driver in the top category of world motor racing.

The figure is based on what he recently earned. Logan Sargeant, team driver that the Argentine is going to replace, so it does not mean that it is the exact amount that he will receive I collapse.

How much do Formula 1 drivers earn?

  • Max Verstappen (Red Bull) – $70,000,000
  • Lewis Hamilton (Mercedes) – $55,000,000
  • Fernando Alonso (Aston Martin) – $34,000,000
  • Sergio Pérez (Red Bull) – $26,000,000
  • Charles Leclerc (Ferrari) – $19,000,000
  • Lando Norris (McLaren) – $15,000,000
  • Carlos Sainz (Ferrari) – US$14,000,000
  • Valtteri Bottas (Stake F1) – $10,000,000
  • George Russell (Mercedes) – $8,000,000
  • Pierre Gasly (Alpine) – $8,000,000
  • Oscar Piastri (McLaren) – $8,000,000
  • Esteban Ocon (Alpine) – $6,000,000
  • Kevin Magnussen (Haas) – $5,000,000
  • Alexander Albon (Williams) – $3,000,000
  • Daniel Ricciardo (Visa Cash App RB) – $2,000,000
  • Nico Hulkenberg (Haas) – $2,000,000
  • Guanyu Zhou (Stake F1) – $2,000,000
  • Lance Stroll (Aston Martin) – $2,000,000
  • Yuki Tsunoda (Visa Cash App RB) – $1,000,000
  • Logan Sargeant (Williams) – $1,000,000

Source: Ambito

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