The lowest-paid F1 drivers in 2024 are Yuki Tsunoda and Logan Sargeant, both with an annual salary of $1 million.
These drivers are at the entry level of the Formula 1 salary spectrum, which can range significantly among the grid's participants. While experienced champions command multi-million dollar salaries, newer or less established drivers often start at a lower base pay.
2024 Formula 1 Driver Salaries (Partial List)
| Rank | Name | Salary |
|---|---|---|
| T-17 | Nico Hülkenberg | $2 million |
| T-17 | Zhou Guanyu | $2 million |
| T-19 | Yuki Tsunoda | $1 million |
| T-19 | Logan Sargeant | $1 million |
This information highlights the typical starting point for drivers in the pinnacle of motorsport, emphasizing the significant financial gap between the top earners and those beginning their F1 careers or striving to establish themselves firmly on the grid.
