Formula One World Championship 2023 will take place on 5 march, 2023. Bahrain will host the opening Grand Prix on March 5 & the season’s closing Grand Prix on 26 Nov 2023. The number of Grand Prix will increase to 23 for the 2023 F1 season.
The teams for the F1 2023 season have released their roster of drivers. After 2022’s final race, Sebastian Vettel announced his retirement. Formula 1 drivers’ salaries for the 2023 edition have been revealed.
Formula 1 Drivers Salaries 2023
| Drivers | Team | Wage Per Race | Salary | Contract |
| Lewis Hamilton | Mercedes | $1.8m | $40m | 2023 |
| Max Verstappen | Red Bull Racing | $1.1m | $25m | 2028 |
| Charles Leclerc | Ferrari | $454k | $10m | 2024 |
| Valtteri Bottas | Alfa Romeo-Ferrari | $545k | $12m | 2023 |
| Fernando Alonso | Aston Martin-Mercedes | $1m | $22m | 2023 |
| Zhou Guanyu | Alfa Romeo-Ferrari | $22k | $500k | 2023 |
| Nyck de Vries | AlphaTauri-Red Bull | $14k | $300k | 2024 |
| Yuki Tsunoda | AlphaTauri-Red Bull | $22k | $500k | 2023 |
| Esteban Ocon | Alpine-Renault | $113k | $2.5m | 2023 |
| Peirre Gasly | Alpine-Renault | $68k | $1.5m | 2023 |
| Lance Stroll | Aston Martin-Mercedes | $90k | $2m | 2023 |
| Carlos Sainz Jr | Ferrari | $363k | $8m | 2024 |
| Nico Hülkenberg | Haas-Ferrari | $325k | $7m | 2023 |
| Kevin Magnussen | Haas-Ferrari | $136k | $3m | 2023 |
| Oscar Piastri | McLaren-Mercedes | $22k | $500k | 2026 |
| Lando Norris | McLaren-Mercedes | $113k | $2.5m | 2025 |
| George Russell | Mercedes | $550k | $12m | 2024 |
| Sergio Perez | Red Bull Racing | $450k | $10m | 2024 |
| Alex Albon | Williams-Mercedes | $60k | $1m | 2024 |
| Logan Sargeant | Williams-Mercedes | $17k | $400k | 2024 |
New Drivers in Formula 1 2023 Season
Although both Logan Sargeant & Nyck de Vries have been working since 2022. These two drivers have not yet competed in a race. There is a possibility that both drivers this year will compete in races because some racers have ended their contracts.
Drivers Who Leave the Formula 1
Sebastian Vettel has leaves Formula 1 in 2022. With mutual consent, Daniel Ricciardo ended his contract, which was set to expire in 2023. After three seasons with Williams, Nicholas Latifi quit the squad. Mick Schumacher ends his two-season contract with Haas F1.
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Highest-Paid Drivers in Formula 1 2023
The ranking of the highest-paid drivers still has Lewis Hamilton in first place. He has a $40 million deal with Mercedes F1. In the 2023 season, he charges $1.8m per race.
Max Verstappen is the 2nd most expensive driver in F1 that his contract with Red Bull Racing. He is now paid $25 million a year & $1.1m wage per race.
The 3rd highest-paid driver in F1 is Charles Leclerc that has a contract with Ferrari till 2024. He will receive a $10m salary and $454k per race wage.
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