The average salary of a Formula 1 driver is approximately 14.5 million USD per year, though top earners skew this figure. The highest-paid drivers, like Max Verstappen and Lewis Hamilton, earn significantly more, with Verstappen reportedly making 70 million USD and Hamilton around 55 million USD annually. However, drivers at the lower end, such as Logan Sargeant and Yuki Tsunoda, earn about 1 million USD per year​.