How much do F1 team employees make?
Behind every winning car is a dedicated pit crew working hard to ensure the driver can perform without hiccups. A Formula One pit crew member’s salary depends on their role within the team and can widely vary. F1 pit crew members can earn anywhere from $30,000 to $1,000,000. Formula 1 Driver Salaries in 2025 Verstappen, Hamilton and Leclerc are outliers to some extent when it comes to F1 earnings, while the rest of the field tends to be closer in pay, ranging from $2 to $20 million per year. Here’s the full list of compensation in 2025 for Formula 1’s 20 drivers.The cost of a Formula 1 sponsorship deal can go from $1Mil to $70Mil, depending on the marketing benefits you want to include and the teams you want to sponsor. Global partners such as Oracle and Aramco have sizable contracts with F1 Teams, reflecting their worldwide branding and the widespread appeal of F1.
What is the salary of Mercedes F1 intern?
Average Mercedes-AMG Petronas Formula One Team Intern yearly pay in the United Kingdom is approximately £20,615, which is 16% below the national average. Salary information comes from 5 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. The average Mercedes-AMG Petronas Formula One Team salary ranges from approximately £18,000 per year (estimate) for an Industrial Placement to £152,773 per year (estimate) for a Head of Engineering.The highest-paying job at Mercedes-Benz Group is a CEO-Founder with a salary of ₹75,00,000 per year (estimate). The lowest-paying job at Mercedes-Benz Group is a Senior Lead Engineer with a salary of ₹1,50,049 per year (estimate).Andrea Kimi Antonelli signed a 1 year contract with the Mercedes. In 2025, Antonelli will earn a base salary of $2,000,000, while carrying a cap hit of $2,000,000. Source: FORMULA 1 contract specifics generally collected from verified reports.The highest paying role reported at Mercedes-Benz is Software Engineering Manager at the Common Range Average level with a yearly total compensation of $303,475.
Who is the richest F1 principal?
Toto Wolff, the team principal of Mercedes, is by far the wealthiest team principal in Formula 1, with a staggering net worth of £1. Wolff’s fortune comes not only from his role at Mercedes but also from his substantial stake in the team. Mercedes F1 boss Toto Wolff has cemented his status as a billionaire. Toto Wolff (GER) Mercedes AMG F1 Shareholder and Executive Director. Formula 1 World… Mercedes F1 team principal Toto Wolff has cemented his position as a billionaire after seeing his net worth skyrocket.Mercedes F1 Team – Mercedes-Benz Group, Toto Wolff and INEOS Both entities bought the remaining 24. Daimler assumed full control in 2012. The team had another ownership reshuffle in 2013 when Wolff joined from Williams and purchased a 30% stake.Mercedes F1: Get to Know CEO and Team Principal Toto Wolff – Mercedes-AMG PETRONAS F1 Team.
Is F1 a high paying job?
The highest-paying job at Formula 1 is a Network Engineer with a salary of £346,501 per year (estimate). What is the lowest salary at Formula 1? The lowest-paying job at Formula 1 is an Intern with a salary of £20,005 per year (estimate). Toto Wolff’s vast personal fortune is even larger than Lewis Hamilton’s. The Mercedes team principal was worth $1. April 2024, Forbes report. He officially became a billionaire a year earlier. Whereas Forbes report the driver is worth £300m.Formula 1 is as much about business as it is about racing, with the top teams boasting valuations in the billions. In 2025, Ferrari leads as the richest team ($4. Mercedes ($3. Red Bull Racing ($3. McLaren ($2. Aston Martin ($2.As of 2025, Lewis Hamilton continues to be the richest driver in Formula 1. The seven-time World Champion joined Ferrari in 2024, bringing a huge wave of attention to the team. Besides his salary, Hamilton earns millions through endorsements with brands like Tommy Hilfiger, Monster Energy, and IWC watches.Aston Martin’s massive payday for Adrian Newey: How much is F1’s top engineer really earning. Adrian Newey has joined Aston Martin as the highest-paid non-driver in Formula 1 history, earning up to £30 million annually.
Who is the richest F1 driver?
Lewis Hamilton: $453 million (£350m) British racing legend Lewis Hamilton is recognised as one of the greatest F1 drivers of all time. In the old contract that ran until 2024, Ferrari paid Leclerc $24 million per year, with bonuses excluded. However, Charles Leclerc and Ferrari agreed on a long-term deal until 2029 with an estimated salary of $34 million per year. Additionally, the Monegasque can gain more income through bonuses and F1 prize money.Charles Leclerc was the runner-up to Verstappen in the 2022 World Driver’s Championship and won the Monaco Grand Prix last year. His salary comes in at $34 million per year.The salaries of F1 drivers for 2025 have been made public for one of the most changed grids in recent years. Max Verstappen is the king again, with around $65 million, five above the $60 million of Lewis Hamilton.
Who is Mercedes F1 biggest sponsor?
Mercedes AMG F1 Team’s total sponsorship revenue for the 2023 season is over $166. Petronas, which is an agreement valued at $65. Ferrari: With 38 partners in 2024, Ferrari leads the pack in sponsorship revenue. While we don’t have current figures, their 2022 deal with Shell alone was worth an estimated €25 million annually.The Mercedes-AMG PETRONAS F1 Team is owned by three equal partners: Mercedes-Benz, INEOS and Toto Wolff. The composition of our Board reflects this ownership structure and features a wide range of expertise and experience.Mercedes AMG F1 Team’s total sponsorship revenue for the 2023 season is over $166. Petronas, which is an agreement valued at $65.