How Much Do Formula 1 Drivers Earn? F1 Racers’ Salaries, Explained

As explained on Motorsport Tickets’ Driven blog, performance-based bonuses can amp up an F1 driver’s salary. When Finnish racer Kimi Räikkönen returned to the sport in 2012, Lotus team boss Gérard Lopéz assured him a bonus of €50,000 — about $56,600 at today’s exchange rate — for every world championship point he scored during his two-year contract, the blog explains. Kimi ended up scoring 390 championship points over those two years, netting him bonuses of €19.5 million, or about $22 million.

Source: https://www.distractify.com/p/how-much-do-formula-1-drivers-earn