#F1 2013 STANDINGS DRIVERS#

Piastri was the youngest driver on the grid in 2023 but more than held his own, reaching the podium in Japan and Qatar and winding up ninth in the overall standings. $70M Max Verstappen Team: Red Bull Racing | Nationality: Netherlands | Age: 26 Salary: $45M | Bonuses: $25M.

#F1 2013 STANDINGS DRIVERS#

“And obviously the price for the drivers will go up.” “Once the cost cap starts to work even better than now, and I’m saying it’s already working good now, the driver will have more of an impact again,” Haas team principal Guenther Steiner told Forbes last month. Open-wheel racing will always be part man and part machine, but if the budget rules bunch up the F1 pack, that balance could shift.

In the meantime, the existing cost cap could also have indirect effects on drivers’ earnings. He noted that the idea of a salary cap had been floated within the sport, but any such change would need to be part of a new Concorde Agreement-the series’ governing contract-meaning for the 2026 season at the earliest, if ever. “Clearly that is a big differentiator today, that big teams can just offer much bigger salaries to drivers,” Mercedes team principal Toto Wolff told Forbes at the U.S. For now, though, driver salaries are excluded from the cap calculation, giving team owners one prominent area where they can continue to splash their cash. With the new interest, and an influx of new sponsors, Forbes estimated in July that the 10 Formula 1 teams would average $380 million in revenue this year, up from $220 million in 2018.Īt the same time, a cost cap introduced in 2021 restricts teams’ spending in key areas-to less than $140 million in 2023-with the goal of creating greater parity between powerhouses like Ferrari, Mercedes and Red Bull and smaller outfits like Alfa Romeo, Haas and Williams. Still, despite the lack of endorsement deals, Formula 1 drivers are bona fide global stars, and increasingly relevant in the United States, where the Netflix docuseries Drive to Survive has attracted a passionate fan base.

F1 2013 standings