In second place is Charles Leclerc, who recently received a pay bump to $36 million, which is one million more than Hamilton. Lando Norris makes a surprise entry in fourth place on $20 million. Norris signed a multi-year contract with McLaren early in 2022, expiring in 2025.
Carlos Sainz is on $12 million per year, followed by Sergio Perez and Valtteri Bottas at $10 million each.
That takes us down to the single figures, with George Russell on $8 million, even though he placed higher in the 2022 championship than his $35-million-per-year teammate. It is worth keeping in mind that Hamilton is the most famous F1 driver on the planet and is likely the main reason sponsors are willing to spend so much to get their names on his racing car. The same goes for Verstappen.